Reasons for cheers in the macro view:
1. The economy is improving;
2. Banks are repaying bailout money;
3. crime is down;
4. Swine flu hasn't been so bad.
Much attention is focused on the financial problems, the health care bill, the jobless crisis and the real estate losses.
Many Americans facing hardship, but nothing compared with what the troops are facing overseas. The dangers they endure daily are unfathomable to us. William Faulkner said 6 decades ago as a Nobel winner:"Humankind will prevail..." "Ren Lei Yao Huo Sheng" in Pin Yin system of romanization for humanity re USA and China on both sides of the Pacific Ocean.
Forum for the inspiring and revealing apropos of Health Care Bill: +++ or --- as you would envision: You are what you reason in your mind.
Dealings, Darling... to be done as a done deal for all folks from some folks in USA with liberty and justice to all regardless of race, color, creed and to seniors with or without seniority. The details are to be seen in due course of time as empirical evidence.
Page 1B: Countries with the most millionaire household:
USA - 4 million
Japan - 1.1 million
China,Germany and United Kingdom happen to be the same - 0.4 million Here we may be able to detect Sino-American Economics of the Distribution of Income and Wealth.(sic)
Source: Boston Consulting Group, Global Wealth Report 2009. Such research findings may be questioned if you so desire.
Francis Shieh aka Xie Shihao, a watcher for moving happenings in economics.
Monday, December 28, 2009 at 1.52 p.m.