經濟,財務,統計學,數理科學與政治評論

My Dear American fellow:

  It is a crossroad you have to face these days. To be honest, I am a little happy to see it that way as those ones with big tongue used to say the bond purchasing is a bad idea for emerging markets and the US. But the reality is the opposite. It is good for them. And it is good also for American people somehow. Americans already know their roles in the world but there are a lot of nations seems not to know it quite well. China need some new industries for their daily life, especially some totally new concepts about the city building and how people get together and live together. A whole new way to survive is what China needs right now. China should not follow the path of US and Western European nations anymore as the earth resources just can not cope with it. China needs a new way of living or it will face the shortage of water and electricity. They will face the shortage of portein or other necessity every year in the future. At the time, people in China will face the issue that poeple has RMB but just can not buy enough high quality food, water and necessities. So their ways of living need a big change. So is yours, I guess. The financial industry should provide more jobs to your own people, those jobs should be higher paid and those jobs should be connected with people who can speak local language they invest or care about. It is a big issue for Americans. You should speak multi-language these days instead of English any more.

 Now you face the same issue used to be that emerging markets just can not be run that smooth as you think in the old days Again. There are always some discrepancies or ideas conflict between money providers and investing objects. Tho only way to let those disasters not to happen again and again is to let those markets be equipped with more buffers like well-run derivatives market and more stable financial players like good government and governance. But as you know, there is little democracy in the South-Eastern Asia, those nations still do not know what democracy is, including Phillipine, Thailand, My... Those nations still have no idea that good democracy is the only way to bring a good financial society for people to live in. So you just have to take risk more than you know these days. But these days are totally different to the USA right now. You do not have lower unemployment rate as used to be, you do not have that nuch money as used to be, so the only way is try to lower your own currencies after 2009. Now it has its limit as those nations you used to invest has fiscal indiscipline problem, especially India, Brazil, South Africa, Russia and even China. So we see the depreciation of those nations except China. The only way Americans can do is to help them to be more American-like. So they can have well-run financial markets as yours. If they do, they can have that kind of financial market to store value. But all those behind is the democracy. True democracy is what they are lack of. I still think American these days also lack the true democracy as you have bigger discrepancy between the rich and the poor more than ordinary American people know and are aware of. It is a big issue you have to challenge.