do not know about brazil, but china is not about to run out of tough resourceful people, nor is it about to run dry of capital
reflexologist reported
(1) the maternity ward at hospitals are operating beyond designed capacity as mothers-in-law and husbands clamour for second child
(2) she herself is mom to boy, so not pressured to go for second
(3) she shall return to Nanchang, city 30 minutes away by super highway from home village and join her cousin’s 3-years old / 3-cities business of aluminium window production as the building of the countryside keeps up and people need the windows and doors (balconies are getting lengthier) and she herself paid tens of K RMB for such in her new 3-storeys house on her land all of which are transaction-able. By doing so, she is closer to her home allowing for weekly visits, and the future seems sunny.
i asked her about her savings rate over the past few years living in shenzhen (since 2007, and engaged w/ hong kong 2009 when her brother retired from the reflexology trade to work full time as traditional medicine doc and capitalist) - she says 60%
her brother sports car, driver, helper, 5 kids (1 in college already), per solidly working middle class, and she is doing okay as to-be office lady
takeaways
(1) as infrastructure investment continues apace and going global, all looks okay as long as in the loop
(2) getmoregold, because china can tee-up still more college graduates even as more reflexologists arise and retire, and there be US$ 250T of printing still to go, over either the next 15, 30, or 50 years depending on pace of reform, status growth and condition of stability
as long as team china does not put in place a trump to follow-on to core comrade jinping
should trump wastes the coming 47 months on tweeting, would be equivalent to 15 years of wastes benchmarked on times of 1980s
a guess |
