How Chinese Millionaires Are Buying Their Way Out of China

[Brigid]

http://www.ozy.com/acumen/the-great-chinese-visa-scrum/33349.article

This passage got my attention:

Wealthy Chinese parents are becoming increasingly concerned about raising kids in an environment with filthy air, not to mention a critical lack of clean water and constant food and beverage safety scandals.

These wealthy Chinese are probably at least partly responsible for these problems.

[MrScorpio]

1. Basically, they're destroying the real value of the land, water and air

For the imaginary value of money. Money only has value when society thinks that it does. The land, water and air has value by being what they are.

[Brigid]

3. Cree Prophecy:

[img][/img]

[MrScorpio]

6. Thank you

At least someone else remembered that too.

[LittleBlue]

7. You're right about fiat money. Productivity, however, is wealth

Fiat money does have a value only enforced by legislation, which props up its relative value compared to other currencies. Wealth can be made by keeping the populace efficiently productive.

China is in the middle of the greatest poverty relief project in the history of mankind. We might think that the environment isn't worth it, but the Chinese who are impoverished might think differently.

Rightly or wrongly, the Chinese believe that once they reach an adequate level of wealth, they can dial it back and create an industry devoted to cleaning it up. In fact, they just recently embarked on a cap-and-trade plan to curb emissions, which (in the Chinese style) they had tested in various provinces. They are also in the process of outsourcing their most polluting, low-value industries to Africa.

In the end, they will look back and see that it was justified. The same way we look back at our own industrial revolution, which was less devastating to the environment only because the population was so much smaller.

[Dirty Socialist]

2. Socializing The Risk, Privatizing The Rewards

Where have I heard that before?

[moondust]

4. That's corporatism.

Make yourself filthy rich destroying the environment where somebody else lives--far from your pristine gated community.

I hope China is ready for their coming cancer epidemic. Do they sleep in masks?

[poster123]

5. generalitions follow

My younger went to Arcadia High, same as Stevie Nicks. Seventy percent chinese. The higher end local neighborhoods are peppered with gaudy, colorful places, modern counterparts of rhe Huntington house: Look how wealthy I am. A couple attempts in old Bel Air have been, with good taste, torn down. The kids bring purses stuffed with large denominations to school, but leave English Language skills somewhere else. It's not Pali Hi, with hotrods and Roll Royces, but students park the lastest in showoff rice burners. As adults, Chinese are nothing short of rude, when sharing elevators or stairways., just like the Hong Kong-ese in Vancouver. One dip was running through a market in Monrovia a month ago, while I was looking at the pastries with a latin mother and daughter. This guys' shopping cart clipped the (seven year old?) girl right in the back of the head. Not much I could do to extract an apology, as now, there obviously was no english. Well this incident, and the little girls tears, moved me. It would not be polite of me to do anything, so guess what? The message is clear. These bigoted gits are asking for hatred. And I'm no racist. How many of them have parents who saw the reports from Nanking, then quit their job to join the army?Those investment-for visa rules have always been there. The english requirements are a joke. The whole thing's a sham, and an insult.