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Looking forward, the US as well as other developed countries are the new Japan,
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ltl...@hotmail.com
Mar 7, 2015, 12:28:01 PM3/7/15
to
Looking forward, the US as well as other developed countries are the new Japan, not China.
http://www.japantimes.co.jp/news/2015/02/24/business/economy-business/nobel-economist-shiller-sees-japan-like-slow-growth-everywhere#.VPs0cHtp-VE
"NEW YORK - Yale University professor Robert Shiller, a Nobel Prize-winning economist, has voiced concern that the United States and other advanced economies could follow in Japan's footsteps and enter a prolonged period of slower economic growth.
http://www.japantimes.co.jp/news/2015/02/24/business/economy-business/nobel-economist-shiller-sees-japan-like-slow-growth-everywhere#.VPs0cHtp-VE
"NEW YORK - Yale University professor Robert Shiller, a Nobel Prize-winning economist, has voiced concern that the United States and other advanced economies could follow in Japan's footsteps and enter a prolonged period of slower economic growth.
Albert K. Fung
Mar 7, 2015, 3:03:11 PM3/7/15
to
ltlee:
Of course ....
China now, is far, far worse than Japan was, when it started
its multi decades economics and social declines. This week's
Wall Street Journal published an interesting review on China
which is now holding its important "Two Meetings" in Beijing
- China's capital city. One can readily see from the publish
-ed speeches by China's bigwigs that China problems are far,
far beyond draining debt burden and bad economics. Here, for
the reference of Mr/Ms Lee, and other netters, is the URL to
the WSJ's very interesting, albeit provocative, article:
http://www.allabouthistory.org/the-dark-ages.htm
Enjoy .... :)
FYI: China's current Premier never trusted China's published
GDP figure. He said that the figure was for public, and
world, consumption. He, and many economists, use a much
more reliable figure - China's power generation. Which,
is not at all suggesting 7.4% claimed growth last year.
China, among other bad's, has a falsified economy ....
Regards,
Albert K. Fung
Rancho del Canto, Paso Robles, California.
China now, is far, far worse than Japan was, when it started
its multi decades economics and social declines. This week's
Wall Street Journal published an interesting review on China
which is now holding its important "Two Meetings" in Beijing
- China's capital city. One can readily see from the publish
-ed speeches by China's bigwigs that China problems are far,
far beyond draining debt burden and bad economics. Here, for
the reference of Mr/Ms Lee, and other netters, is the URL to
the WSJ's very interesting, albeit provocative, article:
http://www.allabouthistory.org/the-dark-ages.htm
Enjoy .... :)
FYI: China's current Premier never trusted China's published
GDP figure. He said that the figure was for public, and
world, consumption. He, and many economists, use a much
more reliable figure - China's power generation. Which,
is not at all suggesting 7.4% claimed growth last year.
China, among other bad's, has a falsified economy ....
Regards,
Albert K. Fung
Rancho del Canto, Paso Robles, California.
Albert K. Fung
Mar 7, 2015, 3:23:22 PM3/7/15
to
A sincere apology, for the wrong URL. This humble netter was
doing some researches on the Dark Ages, and came across Mr./
Ms. Lee's posting. Here we go again ....
------------------------------------------------------------
ltlee:
> Looking forward, the US as well as other developed countries
> are the new Japan, not China.
>
>
http://www.japantimes.co.jp/news/2015/02/24/business/economy-business/nobel-economist-shiller-sees-japan-like-slow-growth-everywhere#.VPs0cHtp-VE
>
> "NEW YORK - Yale University professor Robert Shiller, a Nobel
> Prize-winning economist, has voiced concern that the United
> States and other advanced economies could follow in Japan's
> footsteps and enter a prolonged period of slower economic
> growth.
Of course ....
China now, is far, far worse than Japan was, when it started
its multi decades economics and social declines. This week's
Wall Street Journal published an interesting review on China
which is now holding its important "Two Meetings" in Beijing
- China's capital city. One can readily see from the publish
-ed speeches by China's bigwigs that China problems are far,
far beyond draining debt burden and bad economics. Here, for
the reference of Mr/Ms Lee, and other netters, is the URL to
the WSJ's very interesting, albeit thought provocative, art-
icle:
http://www.wsj.com/articles/the-coming-chinese-crack-up-1425659198
Enjoy ....
doing some researches on the Dark Ages, and came across Mr./
Ms. Lee's posting. Here we go again ....
------------------------------------------------------------
ltlee:
> Looking forward, the US as well as other developed countries
> are the new Japan, not China.
>
>
http://www.japantimes.co.jp/news/2015/02/24/business/economy-business/nobel-economist-shiller-sees-japan-like-slow-growth-everywhere#.VPs0cHtp-VE
>
> "NEW YORK - Yale University professor Robert Shiller, a Nobel
> Prize-winning economist, has voiced concern that the United
> States and other advanced economies could follow in Japan's
> footsteps and enter a prolonged period of slower economic
> growth.
Of course ....
China now, is far, far worse than Japan was, when it started
its multi decades economics and social declines. This week's
Wall Street Journal published an interesting review on China
which is now holding its important "Two Meetings" in Beijing
- China's capital city. One can readily see from the publish
-ed speeches by China's bigwigs that China problems are far,
far beyond draining debt burden and bad economics. Here, for
the reference of Mr/Ms Lee, and other netters, is the URL to
icle:
http://www.wsj.com/articles/the-coming-chinese-crack-up-1425659198
Enjoy ....
Force sin
Mar 7, 2015, 4:23:36 PM3/7/15
to
The USA and other more developed countries....are NOT like Japan or China.
Japan saw huge economic growth because it COPIED the West..in most things...in technology and economic ideas. (few things and ideas really were created by the Japanese). When Japan took the western technology and ideas to the peak(logical conclusion)...Japan stopped growing.
In the past, the USA was blessed with abundance of creativity...things like the internet, the drones, military industries, selling drugs and other products at huge, huge profit margin.,..the movie and entertainment industries....the education and healthcare industries....the financial industries....the food industries (Mac Donald, Kentucky, coke, Star buck)...
As long as the USA continue to give birth to people like Steve Jobs...Waltons,...countries like Japan and S Korea will NEVER catch up.
ltl...@hotmail.com
Mar 7, 2015, 4:56:36 PM3/7/15
to
ltl...@hotmail.com
Mar 7, 2015, 5:01:59 PM3/7/15
to
Force sin
Mar 8, 2015, 8:34:48 AM3/8/15
to
Creativity ....turning ideas and new knowledge into industries (also called the knowledge industries)....is what made the USA an economic power. Teng Xioaping called it the CAT (black or white) that catches mice. It was not an accident that China now produce the most smart phones, most solar panels, most bullet trains, most computers......the largest online sales...the highest number of internet users.... and the largest exports in the world....give over 600 millions newly rich Chinese a good life. It was not political ideology, not human rights, not free speech...certainly not democracy that make China the second most powerful economy in the world. It was the little word...creativity...or the CAT.
ltl...@hotmail.com
Mar 8, 2015, 12:35:12 PM3/8/15
to
On Sunday, March 8, 2015 at 8:34:48 AM UTC-4, Force sin wrote:
> On Sunday, 8 March 2015 05:56:36 UTC+8, ltl...@hotmail.com wrote:
> > On Saturday, March 7, 2015 at 4:23:36 PM UTC-5, Force sin wrote:
> > > On Sunday, 8 March 2015 01:28:01 UTC+8, ltl...@hotmail.com wrote:
> > > > Looking forward, the US as well as other developed countries are the new Japan, not China.
> > > >
> > > > http://www.japantimes.co.jp/news/2015/02/24/business/economy-business/nobel-economist-shiller-sees-japan-like-slow-growth-everywhere#.VPs0cHtp-VE
> > > >
> > > > "NEW YORK - Yale University professor Robert Shiller, a Nobel Prize-winning economist, has voiced concern that the United States and other advanced economies could follow in Japan's footsteps and enter a prolonged period of slower economic growth.
> > >
> > > ----- \
> > >
> > > The USA and other more developed countries....are NOT like Japan or China.
> > >
> > > Japan saw huge economic growth because it COPIED the West..in most things...in technology and economic ideas. (few things and ideas really were created by the Japanese). When Japan took the western technology and ideas to the peak(logical conclusion)...Japan stopped growing.
> > >
> > > In the past, the USA was blessed with abundance of creativity...things like the internet, the drones, military industries, selling drugs and other products at huge, huge profit margin.,..the movie and entertainment industries....the education and healthcare industries....the financial industries....the food industries (Mac Donald, Kentucky, coke, Star buck)...
> > >
> > > As long as the USA continue to give birth to people like Steve Jobs...Waltons,...countries like Japan and S Korea will NEVER catch up.
> >
> > A lot of people have misconceived the nature of creativity driven market success. The short Chinese article "世有伯乐, 然后有千里马" is inspiring on venture capitalism. Creativity discovery through the market success is a market phenomenon. That is, it takes threshold amount of money and threshold number of people through the action of market.
>
> ------
>
> Creativity ....turning ideas and new knowledge into industries (also called the knowledge industries)....is what made the USA an economic power.
Market turns ideas and new knowledge industries. And it takes money and people and their convergence to do that. Not really anything new. South Korea and Japan do not have enough people. China, India, Indonesia and etc do not have enough overall and per capita wealth. So the US is at present the most creative/inventive. But China is getting close.
> On Sunday, 8 March 2015 05:56:36 UTC+8, ltl...@hotmail.com wrote:
> > On Saturday, March 7, 2015 at 4:23:36 PM UTC-5, Force sin wrote:
> > > On Sunday, 8 March 2015 01:28:01 UTC+8, ltl...@hotmail.com wrote:
> > > > Looking forward, the US as well as other developed countries are the new Japan, not China.
> > > >
> > > > http://www.japantimes.co.jp/news/2015/02/24/business/economy-business/nobel-economist-shiller-sees-japan-like-slow-growth-everywhere#.VPs0cHtp-VE
> > > >
> > > > "NEW YORK - Yale University professor Robert Shiller, a Nobel Prize-winning economist, has voiced concern that the United States and other advanced economies could follow in Japan's footsteps and enter a prolonged period of slower economic growth.
> > >
> > > ----- \
> > >
> > > The USA and other more developed countries....are NOT like Japan or China.
> > >
> > > Japan saw huge economic growth because it COPIED the West..in most things...in technology and economic ideas. (few things and ideas really were created by the Japanese). When Japan took the western technology and ideas to the peak(logical conclusion)...Japan stopped growing.
> > >
> > > In the past, the USA was blessed with abundance of creativity...things like the internet, the drones, military industries, selling drugs and other products at huge, huge profit margin.,..the movie and entertainment industries....the education and healthcare industries....the financial industries....the food industries (Mac Donald, Kentucky, coke, Star buck)...
> > >
> > > As long as the USA continue to give birth to people like Steve Jobs...Waltons,...countries like Japan and S Korea will NEVER catch up.
> >
> > A lot of people have misconceived the nature of creativity driven market success. The short Chinese article "世有伯乐, 然后有千里马" is inspiring on venture capitalism. Creativity discovery through the market success is a market phenomenon. That is, it takes threshold amount of money and threshold number of people through the action of market.
>
> ------
>
> Creativity ....turning ideas and new knowledge into industries (also called the knowledge industries)....is what made the USA an economic power.
Malay Sultan Ali ruler of Singapore , Glam Palace
Mar 8, 2015, 9:38:26 PM3/8/15
to
why do you need GROWTH ?
CHINA needs growth
because China has new generation of young mouths to feed .
Japan needs no growth at all .
CHINA needs growth
because China has new generation of young mouths to feed .
Japan needs no growth at all .
ltl...@hotmail.com
Mar 8, 2015, 10:41:52 PM3/8/15
to
On Sunday, March 8, 2015 at 9:38:26 PM UTC-4, Malay Sultan Ali ruler of Singapore , Glam Palace wrote:
> why do you need GROWTH ?
No growth = relative decline.
> why do you need GROWTH ?
Jesus Christ is a WHITE RACE monopoly Power
Mar 9, 2015, 12:37:32 AM3/9/15
to
this is the Theory of War by von Clausewitze
no growth = relative decline .
no territorial expansion = relative territory decline .
CHINA needs growth ,
Japan does' t need growth ,
Japan ' s population is small relative to Chinese .
Japan can manage without growth ,
Chinese can ' t .
no growth = relative decline .
no territorial expansion = relative territory decline .
CHINA needs growth ,
Japan does' t need growth ,
Japan ' s population is small relative to Chinese .
Japan can manage without growth ,
Chinese can ' t .
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