Don’t let the door hit you where the good Lord split ya’.
“American Dream”, or the “Free Ride”?
We are getting conflicting reports everywhere...
See here just a few months ago:
http://www.forbes.com/sites/gordonchang/2011/06/05/chinese-entrepreneurs-are-leaving-china/
Chinese Entrepreneurs Are Leaving China
EXCERPT:
China’s rich, primarily driven by a sense of insecurity, are taking money out of their country. Many are actually preparing to move elsewhere.
According to a new study, almost 60% of China’s “high net worth individuals,” defined as those possessing more than 10 million yuan in investable assets, are either considering emigration through investment programs or are completing the emigration process. The survey, conducted by China Merchants Bank and Bain & Co., also reports that 27% of those with more than 100 million yuan in investable assets have already emigrated and 47% of them are thinking about leaving the Motherland.
The stunning results correspond to reports that the U.S. Treasury unit monitoring illegal money flows has, since the beginning of last summer, detected a surge in hidden cash transfers out of China.
buh-bye
‘The American Dream Is Dead’
Duh. This is no longer the land of opportunity. It is the land of regulation. And it isn’t just the Chinese. Mexicans too.
America is like one of those time lapse photo’s of a dead animal being eaten by larvae. The Larvae come, there’s a lot of activity as the skin bulges and pulses, almost as if it is alive, and then there is less and less animal there and, finally, you see the larvae reducing in number until there are none left and there is nothing but a skeleton and a few bits of fur.
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>>> Chinatowns around America have shrunk during the past decade,
REALLY? You think the new Chinese immigrants flock to Chinatowns in cities in America?
I can understand the number is down (relative to other ethnic group maybe), they won’t come if there are NO JOBS. For physical labor type of jobs, we got most of them from across the Rio Grande.
But to use that first phrase to make the point is sloppy reporting (to say the least).
We’ve been living in a ponzi economy since the late 1990’s. First there was the “dot com” bubble, then after that crashed the real estate bubble, then after that crashed we have the student loan bubble and the government debt bubble holding things up. Face it, we in the US are buried in debt, federal and state regulations and taxes. The American dream is just a myth now as our economy is being run for the benefit of rich bankers, corporate big wigs and politicians in a classic crony capitalist system with the middle class slowly waking up and finding that they’re poor now.
See ya, PS please take some illegal mexicans with you
This is bad
Who are us white guys suppose to marry now?
Larry Lang, chair professor of Finance at the Chinese University of Hong Kong, said in a lecture that he didn’t think was being recorded that the Chinese regime is in a serious economic crisis—on the brink of bankruptcy. In his memorable formulation: every province in China is Greece.
The US is too Communist for them.
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Good riddance! They don’t understand how the “American Dream” works I guess. It’s not handed to you. It’s not automatic just because you opened a dry cleaner. The kenyan isn’t making life easier but we still enjoy a butt load more freedoms than China ever will. You just have to know what to do and when to do it. Bye a-holes.
The feel the U.S. has too many chinks in its armor?
Can someone please explain we are allowing a million immigrants a year to enter while we are experiencing huge unemployment and paying out billions for unemployment compensation and other services. This is aside from the obvious outrage of illegal immigrants still being able to enter and be hired at will, and accept our social services.
Is there no common sense in DC or is it all based upon what interest or lobby has the biggest wad of cash?
I’m no historian, but it seems to me we’ve seen the same thing before. For instance; Italians at the turn of the last century. Things get tough in Italy and millions come to the United States. The the United States has an economic rough period and a large percentage go back to Italy.
Emmigration is tough. Not everyone is gonna make it.
Fortunately, the DiMaggios stayed.....
when you spend 30% of your time providing for people you’ll never meet, who despise you, and you wouldn’t buy a beer given a chance... why would you continue to push?
the WH vilified success. colleges vilifies success. the under 30 crowd expects everything, not something, for nothing.
screw them
I’ve also been hearing the money flowing around china is massive. if I spoke the language... I’d consider starting a business there.
the political types, ie: progressives, have done everything they can to gut the American economic machine... and they’re just about done
I wonder what the gender of those heading back to China are? There is something like a 50-1 ratio of men to women in China. A woman of meager means and a good body could go to China and make a million.