tag:blogger.com,1999:blog-431145748578694023.post6114501570320957057..comments2024-03-26T21:46:49.852-07:00Comments on What Paul Gregory is Writing About: Dissecting Chinese Growth: How Long Will It Continue?Paul Gregoryhttp://www.blogger.com/profile/11438975758018323872noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-431145748578694023.post-30286478603241229062024-03-01T03:45:44.960-08:002024-03-01T03:45:44.960-08:00In addition to technology, acúmen explores the ent...In addition to technology, <a href="https://www.inspirationalkit.com" rel="nofollow">acúmen</a> explores the entertainment sector, offering a carefully selected selection of engrossing material that includes anything from informative interviews.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-431145748578694023.post-32028632463118624952011-05-04T12:05:28.943-07:002011-05-04T12:05:28.943-07:00Great blog. Robert Robert Fogel should read this ...Great blog. Robert Robert Fogel should read this as well. <br /><br />A short comment: Germany and Japan also enjoyed democracy; but, China does not. Among other things, democracy influences the government's mix of taxes and expenditures (the budget), legitimizes (or shares the blame for) wealth accumulation,.... Richer and more educated Chinese may consider democracy as a superior or luxury good, but not the government that will have to share the power. So, a latent conflict is brewing that attaches a unrealized risk-premium to the observed growth in China. Overall, China may see a big crunch, and re-distribution of wealth, rather than a moderation of growth (i.e., similar to Japan and Germany), in the next few years or so.Anonymousnoreply@blogger.com