http://www.youtube.com/watch?v=62-zFsxVv6c
My comment: Obviously situation is extemely different from country to country depending both on how hard crisis beats them and on how resielient is each social network. To change policies now comes a bit late if they are already in place, as both ASEAN and China bottomed and step by step economies are growing faster. But we have to use the Asian capacity of learning to take lessons for future crisis. We cannot avoid crisis, but we can prevent that they beat us beyond unavoidable. In my opinion, those lessons should mostly aim at 1) wealth creation. no single coin is wasted when we invest it in roads, railways, buildings, energy, etc. that is one half the real wealth of a country. 2) the other half of that wealth is people. Happiness, confidence, education, health, wellbeing, etc. is the best medicine against crisis. Not for charity but their preparation for future. We cannot change our today, but we can change our tomorrow. Many times, economy is more related to common sense than to what we study in universities. Peace and best wishes. Xi --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "World-thread" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/world-thread?hl=en -~----------~----~----~----~------~----~------~--~---
