Monkey See, Monkey Do... American Style Greed & Vanity in China

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YoungEntrepreneur's picture
YoungEntrepreneur
Status: Bronze Member (Offline)
Joined: Jun 9 2011
Posts: 86
Monkey See, Monkey Do... American Style Greed & Vanity in China

Interesting article...

http://www.washingtonpost.com/world/chinas-newly-rich-are-flaunting-wealth--and-giving-communist-rulers-a-headache/2011/08/05/gIQA801KMJ_story.html

Funny how things come full circle.

By the way, did many of you hear how many of the "newly rich Chinese" acquired their wealth why they took it overseas? Massive goverment fraud, corruption, money laundering, offshore money movement and real estate purchases and theft. This time on an epic scale. Goes back to trends beginning in he 90's.

You use to observe it and wondered where are these people got this seemingly monopoly money.

I think these guys did not learn anything from America's mistakes and are eventually doomed to repeat several of them. Just an observation.

YE

ChrisCooper's picture
ChrisCooper
Status: Member (Offline)
Joined: Jul 20 2010
Posts: 3
Since when did any

Since when did any generation learn from the mistakes of the previous.

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