posted on Jun, 14 2010 @ 12:20 PM
I've lived in Canada for most of my life. I frequently travel to the US for vacations. Great place with cool people.
I am currently living in Hong Kong. I frequently travel to China for vacations. Great place with, umm, interesting people.
In my opinion, North Americans are mostly content and this can be a negative. The Chinese are hungry (figuratively) and are willing to do many things
to get ahead. While it is true there are many Chinese that are poor, this is changing very quickly. The rate of progress compared to North America
is staggering. And it is this rate of progress, that could enable China to surpass the US. In fact, I wouldn't be overly surprised if China has
already surpassed the US.
Don't believe the media when it's reporting on another country. Then again, don't believe the media when it's reporting on it's own
Food for thought. A few years ago, I could trade $100 HKD (Hong Kong Dollars) for $105 RMB (Chinese Renminbi). Today, I'd be happy if I could trade
$100 HKD for $90 RMB. By the way, the HKD and USD have a linked exchange rate (7.85:1).