Sunday, November 29, 2015
Even as We Threaten Each Other's Information Infrastructure, More Information Flows In Both Directions
This article from NYTimes.com illustrates another contradictory aspect of Capitalism: Huge sums of Chinese cash is flooding into the real estate markets of Western nations now that their economy has tanked. One can only wonder how long the political leadership in China will allow the economic leadership to continue; or, indeed, whether the political leadership even still holds sway over the economic leadership.
The one thing that you can be sure of, however, is that the majority of the Chinese people will not benefit much whichever way the power struggles go.