Take the time to read this behemoth out of the NYT magazine. Its an interesting (albeit anecdotal) perspective on trying to transform China from an industrial to a consumer-driven society. An interesting observation that this is where several economies have gotten stuck before (Japan, Russia).
via Ritholtz
I totally read this on Sunday. I was thinking, "Big Brother is going to be so proud of Little Sister. She knows so much."
ReplyDeleteI am even more impressed because you waited for me to bring it up. That way this just happened to be something you had already read. Who knows what other geopolitical/economic musings you have studied???? Mysterious...
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