hopefully i will be alive for another 50 years. and i don't see a problem continuing to work through 50 years albeit seems that i'm continually mired in leisure. and so i wonder how to strategically place myself in the next decades to come. live in asia? yes. which country? which business lines have the most potential? china is not the china of 20 years ago. a sure correction of chinese markets has come and it's a good time to re-asses the surge in global economica power which surely will be china again, but this time, it will be different.
the rise in fiscal growth has shifted to the east. not just china but asia. watching how east asian countries (korea, japan and ASEAN) align themselves for the next 30 years is a first hand view into how to position yourself for the future. it seems almost yesterday when asia was going through a brain drain where no one wanted to come back, expats needed to be lured to asia with huge stipend packages live in this part of the world. today, i hear companies are now discriminating against the expat as the educated abroad workforce is more than plentiful and the comprehension of asian values is much preferred in any dealings in the east. yes, as china's name means "center of the world", it is proud and looking forward to becoming the number one supremacy in the world but will slowly move forward with precision and peace. (communism is here to stay, americans need not fear it).
by learning from history and the mistakes of japan, china will continue it's industrialization spreading it's wealth and development outside of it's cities. it must rely on the buying power and technological prowess of it's neighbors japan and korea to help increase individual gdp. korea's current rapid growth is why i moved there. they're becoming economic leaders through it's chaebols and even becoming social pop leaders for the asian community. they're squeezing every last ounce of manpower from it's people, politically making china it's best friend, and allying with natural resource rich indonesia to sustain this growth. what i didn't account for was how hard it'd be to find cultural acceptance in korea...and so...i think im moving to jakarta...
Lee (kuan yew) said it was unlikely that China could ever match the US in its ability to innovate, even though the Chinese economy may eventually overtake America. This is because of the lack of free exchange and debate of ideas and thought in the country, he said. This also explains why a country with a population four times that of the US has not — in modern history at least — made any notable breakthroughs in technology, Lee added.
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