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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST

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To: TobagoJack who wrote (179459)10/19/2021 7:19:51 AM
From: Snowshoe  Read Replies (2) of 219229
 
re <<For decades, clan elders shrewdly tended their inheritance, diversifying their holdings in nearly a thousand different village corporations. Their heirs now rank among China’s most privileged citizens — this nouveau riche city’s equivalent of old-money trust-fund babies in Manhattan. All of which stand in sharp relief to the uncertain times facing the many millions of Chinese who flock here to the Pearl River Delta, the world’s factory floor, in search of better lives. The villagers are the landlords of many of these new arrivals. Resentment is building.>>

Interesting. Nice to see that some common peasant folks got rich! ;)
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