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-   -   Why the rich are rich and the poor are poor (https://gfy.com/showthread.php?t=1023617)

dyna mo 05-22-2011 08:20 PM
Quote:
Originally Posted by DamageX (Post 18158945)
Use your head.
sure thing. here goes:


there's nothing in the chinese people's gene pool, water, air, pollution, or wok full of broad noodles that make the chinese work smarter not harder than any other country or ethnicity.


the fact that "none" were born rich has nothing to do at all with your claim to "work smart NOT hard." certainly you kow the unique set of circumstances that have been going on in china now for decades.


brain off.

DamageX 05-22-2011 08:23 PM
Quote:
Originally Posted by dyna mo (Post 18158981)
sure thing. here goes:


there's nothing in the chinese people's gene pool, water, air, pollution, or wok full of broad noodles that make the chinese work smarter not harder than any other country or ethnicity.


the fact that "none" were born rich has nothing to do at all with your claim to "work smart NOT hard." certainly you kow the unique set of circumstances that have been going on in china now for decades.


brain off.
I was referring more to the fact that the rich were stripped of most of their belongings during the cultural revolution and the Chinese were all supposed to be middle-class. Of course rural poverty was just as prevalent as today, but that's another discussion.

ThatOtherGuy - BANNED FOR LIFE 05-22-2011 08:32 PM
Quote:
Originally Posted by DamageX (Post 18158983)
I was referring more to the fact that the rich were stripped of most of their belongings during the cultural revolution and the Chinese were all supposed to be middle-class. Of course rural poverty was just as prevalent as today, but that's another discussion.

That was not a cultural revolution it was basically thugs taking the property and wealth from the "Wealthy" and putting it in there pockets while making a promise to make good on Equality that at the time appeased the masses to pull off the heist.

Here we are today where that promise is clearly not happening nor will ever happen.:1orglaugh
China's so called experiment with Capitalism is a joke. It's the same place and the same guys getting rich while they enslave the population to work for pennies.

DamageX 05-22-2011 08:35 PM
Quote:
Originally Posted by ThatOtherGuy (Post 18158990)
That was not a cultural revolution
You gotta be shitting me... It wasn't?!?!?

sitesurfer70 05-22-2011 08:37 PM
Quote:
Originally Posted by woj (Post 18157893)
Some certainly are, but not as many as most people think, most are actually self made...
read "Millionaire next door", it's a great book on this topic... :2 cents:

I fucking love the book....After reading it, I base my life towards what the book says.

I no longer give a fuck if people laugh at my $60 Mickey Mouse watch :thumbsup

dyna mo 05-22-2011 08:46 PM
i'm not sure it's valid to say most of the wealthy chinese are new money when even the experts state tracking that cash is very difficult. experts also state the rise in wealth is due to a fast growing gdp and real estate, not working smarter not harder.

Quote:
According to the latest data, China has 960,000 individuals with personal wealth of 10 million yuan (USD1.5m) – this number has increased by almost 10 per cent compared to 2010. At the same time, China has 60,000 super-rich individuals with 100 million yuan (USD15m) or more, which is nine per cent more than last year. They are considered to be the main luxury consumers and have been nicknamed the “Lion Kings of China”.

For a decade, experts have been observing a tendency for steady growth of the “burgeoning wealthy elite” in the country. Furthermore, not all the funds can be easily investigated. “There is still a great deal of hidden wealth in the Chinese economy,” said Rupert Hoogewerf, the CEO and chief researcher of the Hurun Report. The concept of Chinese wealth can be visualised as an iceberg with a huge part of it hidden under the water. The Hurun experts estimate that only a third of the potential 4,000 Renminbi billionaires in China are mentioned by the Hurun Rich List.

The facilitating factors for the phenomenal growth in the number of Chinese millionaires are, among others, fast-growing GDP and rising property prices.

Hank_Heartland 05-22-2011 08:50 PM
There is only one truth in micro and macro economics..."it's who you know not what you know that counts":thumbsup

Kiopa_Matt 05-22-2011 09:48 PM
Quote:
Originally Posted by DamageX (Post 18157809)
Because the rich are busy making money and the poor are busy bitching about the rich making money.
I hope you don't actually believe that.

mavruda 05-23-2011 01:14 AM
Quote:
Originally Posted by L-Pink (Post 18157966)
Ideas and opportunity have more to do with being rich than hard work does.
That thing I get from a book 6 months ago. Everybody has a choice - a choice to do something to make it work, or choice to complain and do nothing.
Of course there's not guarantee that the thing you do will work at all, but better doing something rather than nothing. I also heard : If your job is too routine, make it your hobby - you'll find pleasure of it at least.
Being rich is a choice - do something to make it happen.
Being poor is choice too. It's easy - stop doing anything.

12clicks 05-23-2011 05:10 AM
Quote:
Originally Posted by sitesurfer70 (Post 18159003)

I no longer give a fuck if people laugh at my $60 Mickey Mouse watch :thumbsup
coming to terms with your station in life is an important thing.

12clicks 05-23-2011 05:11 AM
Quote:
Originally Posted by Hank_Heartland (Post 18159019)
There is only one truth in micro and macro economics..."it's who you know not what you know that counts":thumbsup
this is generally believed by people who don't know a lot who want to blame it on something else.:thumbsup

TheSquealer 05-23-2011 08:17 AM
Quote:
Originally Posted by cam_girls (Post 18158956)
Well I'm still calling your bullshit and I'm sitting here with a $100,000,000 domain!
Other than a possible cry for help, I have no clue what that means.

:1orglaugh

DamageX 05-23-2011 09:03 AM
Quote:
Originally Posted by Kiopa_Matt (Post 18159069)
I hope you don't actually believe that.
No, I just posted it for shits and giggles.


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