<$BlogRSDURL$>
Google
 
Web www.theriverman.blogspot.com

Saturday, June 18, 2011

2010 = 1980 ?


In 1980, the USSR was 'known' to be a permanent, relatively stable, and growing power. However, within 10 years, it was little more than dust. Eaten from the inside by the parasites of inefficiency and bloated bureaucracy and by the growing power of a middle class and the growing anger of the poor.

Could 2010 turn out to have been China's 1980? The same necessary elements are present and they are moving. To precipitate the reaction, one need only to add heat.

Just a thought.


|
Comments: Post a Comment

This page is powered by Blogger. Isn't yours?

Weblog Commenting and Trackback by HaloScan.com Is my Blog HOT or NOT?