Old dogs

 When an old dog young and strong beast never yield to any of the forest before, old age, in a hunting, encountered a wild boar
, he bravely threw himself to bite the ears of wild boar. Because of his teeth aging of weakness, not firmly bite, wild boar
fled. owner came after the disappointment, scolding him up. old dogs looked up: . My youth is the same spirit and courage, but I can not resist the laws of nature. I used to act by the
your praise, and now you should not be blamed.

Cape back flute impression

 Crane accused of not respecting the old flute back, I agree that insolent little old to be stable. However, the crane back flute in the end as old, just how old he is not old-fashioned than you, that this was no below. Since we Zhuangnen all, I have no reason alone, let us call him , whatever is taking a one seems to be absent in the He Ziqiang, with excellent psychological quality, walked four leisurely pace slow, wandering, wandering. have a good image of the user said: summarized: hot living, the more he has more live hot and strong. I had the privilege of Wang Yung Shue Forum handed over a heart of riffraff that Wanzhu and cranes back with a common characteristic, they are a good attitude from the heart, is not installed.
face reactionaries, Lu Xun was a Hengmeilengdui, daggers and spears; Wang riffraff play is heart, Falls in died; and Crane is the new version of Jiang Taigong back flute fishing, were not willing to volunteers had to hook. sea cross-flow hero character, frankly revealed the charm, the door can not hold back.
crane back hardened, invincible, the exploits of the illustrious, fearless of all style, it is to make people admire was prostrate, the QiQiao bleeding, depression disorders. watched him wave after wave of powerful friends alive mad, I believe his heart is broken, how this man so that the suffering of their own happiness in other people on others refers you for spectators.
backbone of the next school is nonsense, is not conducive to unity, then do not say to the detriment of the collective image, do not do, please forgive me. We send solidarity nonsense, utterly devoted. no Hu did not trouble, nobody wants a hundred years. Hok back flute personally, healthy and strong, a model called nonsense, nonsense of the model, the model HU bucket.
kind to his female disciples said to him: and paste.

Experts are born with the room rate against

 Live Interview: Experts are born with the room rate opposition?
2009   4   22  Source: NetEase Beijing is now public property
the most attention, the biggest in Beijing view the high prices did not fall. Beijing Club ASTRI issued the After listing a large number of affordable housing, real estate market price cuts will be real. This is the report issued after the entire community of public opinion is also a heavy Mr. Cao Jianhai
interview Background: the capital, the public is most concerned about, the biggest in Beijing view the high prices did not fall. Beijing Academy of Social Sciences published the still rising, housing prices rose far more than income, called on the government land price drop, saying the real estate bust is unlikely to improve in the year 2010, listing a large number of affordable housing, real estate market price cuts will be real. It is reported issued after the entire community of public opinion is also a heavy ups and downs of the market environment changes, we have become not cool, and some impetuous. as the media, we sincerely hope that people will return to consider a relatively pure space.
Today, Netease real estate professor invited Mr. Cao Jianhai Academy of Social Sciences . to live, the exclusive decryption Moderator: Good afternoon users, the current figure in sight we have invited Professor of the Chinese Academy of Social Sciences Mr Cao.
Mr Cao: Good afternoon netizens.
Moderator: By 2010, after listing a large number of affordable housing , the real estate market, the real price will appear. This argument is too general and lack of support in more detail?
Mr Cao: This is the direction of a large report, this report should be said that the decline in housing prices in the protection of basic sustenance housing market, and all over the country in 2007, when prices are too high because the State Council promulgated a 24 document, requiring expansion of low-income, 08 in all major cities nationwide beginning of the introduction of the protection of housing construction plan, all this time last year protection of the city have issued their own housing plan, the proportion of high-security room to see who, who can reflect the people's livelihood, last year's real estate development policy can best embody the opinion of the period, due to financial crisis, China's export industries, real estate have been a big blow, to maintain growth in 2009 as our biggest task, because economic growth anywhere to be found in our country, almost did not find a new impetus, and later put the power to 4 trillion on government investment projects, But the government alone is not enough to pull the national income growth is still on the search of real estate-led growth is the easiest, as long as prices hold the volume to maintain housing, pull the economy is still the most provincial strength, because a house once developed, its economy will bring, pre-construction, building materials, the back of the home, including appliances pull is very large, China is now in the urbanization, many people with housing needs, it is to focus on real estate, into the real estate itself is not wrong to look into what kind of house, the security room is the real estate, residents from the building is real estate, but is now banned, the unit self just like real estate, the central authorities in Beijing can be solved by units of employee housing from the housing problems in other cities over the Shanghai enterprises to encourage their development of affordable housing, but now it seems, the Government's focus is on maintain prices, the real estate developers as the main subject as the maintenance, although the Ministry of Construction has proposed a 9 billion of affordable housing, this seems this is the greatest strength of the impact of house prices, but the extent to which the impact of protection of housing housing, which also depends on the attitude of the government, we have recently tried to see the local government's rescue, and even some local officials are not required to work, as long as to sell, in some places is the problem accounts, such as deductible personal Chongqing income tax approach, relations between local governments and developers bundle, in fact, this also shows that the life of the local government is also in the real estate a great relationship, and it is the strategic partnership of real estate, is the relationship between interests of the chain, so that rescue background, both want to protect the room price is almost impossible to suppress, because the protection of housing scheme, you can achieve a variety of ways, you can buy a house developers, developers want to sell the house five thousand ten thousand, but not sell, the government can 7m8 thousands to buy, and then for the protection of housing, this can be considered the task of achieving the security room, out of government last November, can not necessarily buy the new, supposedly the Government should buy into this last, to other development business barely time to buy the lowest price, which is beneficial to the Government and the public, but later issued a series of developers to save the policy, basically led around by Ren, with their the introduction of interest-based policy, 1m3 month increased because of large credit basically completed the whole task, but we had said that at least 5 trillion, so that the delivery will continue to increase this year, this input led to a trillion in the first three quarters of funds into the real estate industry, so now developers have been largely alleviated, eased since price is no longer the Ministry of Construction also requires local governments, some local affordable housing and to the ICAC rent plans, the limit room canceled, the actual Beijing, Shanghai, these prices are too high because of large cities, residents grievances relatively large, the Ministry of Construction hopes canceled nationwide affordable housing price, housing price is too high There the suspects off the city, in fact, real estate price is the most hated room to expand the limit housing supply is also beneficial to the public, affordable housing prices in Beijing are too high and expanding the supply or the benefit of the people, because commercial Housing is still too high, it seems that a large number of local government will protect the housing built through this to evaluate the price, from the look on the position of local interests, they will reduce this large supply, or through the acquisition of developers house approach to every one, by every one to reduce the impact of real estate prices, I think, this is the mainstream of the future, so can not say 2010 because the security room of the large market, to put down the price, I doubt the performance of local This attitude of the Government and the State Council, such support, it is difficult to like 07 or 24, early 08's when the text is difficult to embody the kind of policy, reflecting public opinion, including the central government policy is now largely sat developers there, as to be placed on a secondary public interest, the capital growth into the mainstream, so I am not optimistic about the view.
Moderator: As the Blue grant of publications, developers and experts also had a relatively large controversy was represented by Ren denunciation of many developers, you feel as the Academy of Social Sciences at what they should stand?
Mr Cao: The Chinese Academy of Social Sciences is also a State Party Central Committee and State Council think-tank institutions, in order to advise the party's principles and policies and programs for the Beijing Academy of Social Sciences, Beijing, assume the same functions, if at times the Government and the public in the position deviation of the time, the Government must be an error, rather than the public , the real position of standing in public is the best embodiment of the party and state positions, in turn, a number of officials of local authorities in the interests of class, this time standing on the side of developers, even when standing on the opposite of the public, we, as such studies institutions, or should stand in the position of the public, rather than the position of local government, local government itself to do real estate grab big profits, if the side is standing a few people standing on the side, I think it must stand on the Public Academy of Social Sciences position, so that really stand in the party and the government side. I think it is not enough anti-corruption efforts, leading to a large number of corrupt officers and the party and government were mixed, some of their views, and do not represent the views of the party and government.
chair people: Do you think they will put the future of real estate reports you?
Mr Cao: Beijing Academy of Social Sciences I am in favor of the report, and his views with me in 2006 Capital Development Forum, Beijing issued a prices will come down after the Games, down cycle is 4 years down range is more than half, it should be said that 2008 should be verified down my view, the report of Beijing, and I think many of my report should be consistent So I saw this report is in favor of, I think Beijing's position reflects the position of the public, reflecting the position of most people, this is the right attitude Academy of Social Sciences, so I support this report , of course, the report touches on the interests of developers, because developers finally created a rebound may view this report as lead, leading people to hold stocks in 2009 there wait and see attitude, which is a huge blow to the developer, pre-set bail because of the policy, expansionary monetary policy, 4 trillion rescue plan, together with the Spring Festival this year, a technical rebound, trading volume has a technical rebound in prices, coupled with the 5 rate cuts, does allow consumers to purchase Housing costs fell by buyers, including developers, funding chain was too tight and deep discounts to large state-owned enterprises buy factors, but also part of the developers of the momentum factor, the momentum factors also played an important role, these general factors constitutes a rebound, but the rebound still has water inside it, and they painstakingly created the Indian summer, he was very worried about a negative voice, bad voice from China Academy of Social Sciences, Beijing Academy of Social Sciences, Beijing Academy of Social Sciences of the Blue Book My view is not to judge this year, but I judge that after two years as the area of Beijing, in particular, housing prices in cities have 4m5 price, for investors, is now no doubt that if some urgent need of housing as a child to school, get married, we did a survey last year, the general is urgent need of housing a small second-hand housing units, not to 一手房 purchase, Beijing's 一手房 is not rigid requirements, Ren important point is a rigid demand, my determine the rigidity of demand is a bed, but outside the room size is completely flexible, how much room can be put down to bed, only bed is rigid, so a bed is rigid, but the room is perfectly elastic, is closely related with the price, as demand for property speculation is not rigid, it is more up more to buy, the more up when the Housing larger volume when it is clear that when speculators entered, this time is not real demand, and speculators need to buy this house, and is equivalent to the purchase, the purchase is intended to sell at high prices, this time is the transfer between providers, and no real demand, and only rising house rise, the more up more to buy. Such a rebound face of such a negative voice, said to be furious developers can, for scholars, but one word, for developers, this year's profit plan would be spoiled, so I did not prices this year to forecast specific, if the month of this year, such a large scale as 1m3 put money, people are worried about hyperinflation, this time might be taken out of the stock market deposits, or to buy a house hedge, in order to prevent property further diluted out by the government, which also shows that the Government is now running a large-scale currency is extremely irresponsible, and have very serious consequences, at least for the current situation is a disguised through (in rent) means rate of plundering public wealth, to support the Our 4 trillion to support the revitalization of some of our industry, this is very irresponsible.
Moderator: You, for your strong support for the position of the public, even if the position of the developer into the opposite You still want the firm, there will be pressure on you?
Mr Cao: I have always been the position since 2006, I was never too far low, I think developers have not dared to put my opponent for a debate, they thought that Dai Jianzhong how not previously been engaged in real estate, easily knocked down, he actually was a staunch old intellectuals, but in fact the current real estate issues have no need to discuss, but in fact is the two points, a representative of public opinion One is the interests of representatives of the extreme point of view, as long as no one said a word, people immediately know which side he is, and has (Dai Jianzhong) that view, conscience as a scholar as long as there are very easy, but many policy of engaging people were carried away, especially carried away by the State Council are engaged in, carried away by the media are engaged in, which side do not know the real estate in China has not been discussed more thoroughly than it has, Cheng Siwei, the former carried out a period of He has not qualified to rhetoric, and as a scholar, he is very failure.
Moderator: We understand that some developers recently a number of well-known companies or organizations, also have a report with the Government, the Government may have to be more support, including the proposed Ye Hao, how do you see?
Mr Cao: developers are greedy interest groups, we have a community to prosper, it will slowly pursue spiritual or other needs, but in China is such a market economic system, has access to huge profits of the group, it is still hoped to obtain greater benefits, made a lot of money as before, and now may be slowly in the public interest to do more things, it would appear that they are greedy , the real estate is a totally labor department, it is also no funding, and it is totally dependent on bank loans in the past even made some money, that is completely looted public property, but basically, after plundering the private developers, including Officials point out interest groups, and such a company is earning every penny looted from the public hand, if the developers and the public loss of wealth of wealth actually add up to zero, the real estate industry to promote economic part of the wealth created by growth, it is also by design, building materials, decoration, household appliances created by these sectors, real estate development industry, it simply does not create any, it is a predatory industry, it is relatively easy to make money, so a large number of officials involved in Among them, it is between the government and established a very close relationship, this is a very powerful interest groups, they continue to lobby the government, now save the developer has been referred to the high capital growth, so very easy to move the central level, China's real estate policy is now facing a new winter, this winter is reflected in the market is constantly introduced to rescue the market, prices will continue to raise, all government real estate policy will fall on him, some time before the rate cut, lowering buyers may have tax benefits, and now developers to offer this price to eat this, so people are very disgusted about this, and now this Indian summer is a transient phenomenon, the people on the government bailout of the developers greed began to resist the action started, the power of the mainstream of this resistance, the Government's rescue price increases are not any developers mainstream, the mainstream eventually to be eliminated.
Moderator: turnover up short is the stage?
Mr Cao: Yes, because the policy of declining transaction costs, the original cost of the higher income people are joined together with a large state-owned enterprises to determine the real estate market has bottomed out, because now rescue center to make a lot of people the wrong impression, buy state-owned enterprises with large-scale lending, a lot of credit funds to enter the Indian summer for developers to create unique conditions created, the developer itself will create an atmosphere, manufacturing data, combined with media campaigns, Therefore, the original is not prepared to buy a house they had to come out and watch what happens the market, many people do not have independent minds, many people also inhaled the market, expanding the volume, we can not ignore the behavior of developers, fraud, in the sales office, meeting employment REIT prices, the net signed data is completely false, false events are now breaking out the mortgage, such as: Beijing, Shenzhen, Shanghai is very serious, Shanghai developers to house is sold directly to an intermediary, the intermediary in the secondary market promotion, the developer the funds by way of mortgage recovered, recovery of funds it will not engage after the new development, it will put into the stock market to make money, the stock market last year, if healthy, this part of the Bank loans money to the rich more than the rich, and credit is fundamental, although a quarter of consumer credit is only 900 million commercial loan to make a lot of industrial loans have come through a variety of ways the real estate market, real estate, pick up also The other cities watching the original capital of China, China's real estate companies began to invest money to solve once the developers started chain for another Fuzui Lian, began through the control disk, the structure by controlling the prices, again harm the people, the people do not eat it set, so look at Indian summer will soon be over.
Moderator: Your point of view or the impulse buyers who are currently proposed or keep their eyes open?
Mr Cao: Yes, keep their eyes open to think, in addition to money supply , in addition to local government officials, all other factors do not support housing prices, and now the real estate business and support their officials are clown, it can not change the general trend, large housing surplus will come down the momentum of the economy continue to decline , and now can not find a new growth point of China, the economy will continue to decline, public investment will not become a growth point, make up only temporarily down because the word bailout is a great time at the expense of, and ultimately to the public to foot the bill , if the Government to solve the next problem is a tax increase, and ultimately unsustainable fiscal policy, sub-word, must not become an economic growth point, the high real estate prices can not remain a new economic growth point, because it is predatory industry, bought a house full consumption is overdrawn, overdraft income was, in other areas lost power consumption, its economy is the negative things, now can not find a new growth point of China, the Chinese economy continues to decline is an inevitable trend No matter now how to say pick up, pick up just short of the technical and do not represent the future trend, the future trend of China will continue to fall, which guarantees housing and land prices down. a large gap between income and housing prices, income growth is currently not good, because the economy is not good, the trend shows a continuing decline in the trend of prices, this situation can not be changed.
Moderator: This year we look at the transaction, the transaction per week are not the same decrease in gains last year in the second half The views out of a few, Li Yang, director of the Academy of Social Sciences, who said before the Chinese economy should show between V-and U-type, certainly not the L type, how do you see, the trend will not appear W type.
Mr Cao: W-type is reduced to low, early in 2008 down to the so-called bottom, and then played in March last year, the highest level, and then down, then that price is the same a few years later, this view I can not agree, at most annual income growth of 10%, 10% of economic growth can not be guaranteed, but the state has adopted policy of benefiting, the price if it is returned to the level of March 2008, the Beijing price earnings ratio is about 20 times, even if income has increased, to 2011, annual growth of 10%, if prices remain at this level, the income and house prices will remain at 15 times compared to about 15 times this is totally unsustainable, if the two hole in the housing units for 15 years before, the price is not supported, V-shaped rebound this year, V, after the words how to do is wait on the platform, I think this is unrealistic, because this year bailout policies constantly introduced, will remain a platform, so generally speaking should also be L-type, there will be a short down twists and turns, but the downward trend will change, perhaps there is a small short-term rebound is continuing to fall change, when in the end, almost 2m3 years, which will be in a very long plateau, which is 2011m2012 years will have.
Moderator: from now on is to buy a house or a group of visually impaired groups The Government should not introduce policies to help them?
Mr Cao: That depends on the government stand on, and if the government stands to maintain growth of 8% simple, this simply can not explain what, I went to the Canadian study, you of mining, and the forests are cut down, 50% of all the possible security problem is the resource cost of the damage completely, if at all costs to maintain growth and does not make sense, but only 8% of the total concept of what What is the welfare of the public which, if there are many ways to expand consumption, if the hands of the government have a lot of money, why not the government's distribution of products to the people, the people is the use of consumer goods process, one is to get through the purchase, after purchase to obtain , presented the way the Government can and they can expand consumption, expanding consumption is definitely not the Government to encourage people to buy a commodity at high prices, I think the expansion of consumption is simply a misunderstanding, so that consumers can use to expand consumption of more goods, more more medicines, more food, this situation can be achieved through two, one is to achieve a fair market consumption, Beijing's housing prices, such prices should not exceed 03m04 sales of affordable housing, I think in Beijing price level of around one thousand in 5m6, this is called fair trade purchase of houses, another way the Government allocated directly to the people, the people should be more applications, rather than as more personal consumption, I think it is also expansion of consumption, should be combined through a fair deal to achieve the government's transfer payments.
Moderator: The following departments of Land and Resources recently released the 2008 situation analysis of land prices in major cities nationwide reported that in 2008 the national average sales price of commercial housing approximation 4000 yuan mark to reach 3,919 yuan / square meter. This means that urban residents in the year one year without food or drink, only buy 4 square meters of commercial housing. on these data, you have any thoughts?
Mr Cao: Discussion of the recent real estate field, has been concentrated in housing prices and household incomes than the above, according to the conventional world press is 3 times more than some countries is 6 times, but in fact should be 6 times the upper limit of the national income, If it is 6 times, then more than half of household expenditure spent on housing, and housing consumption in general there are many parts, the purchase of the principal and interest, other plumbing, heating, and even home and household appliances consumption of these expenses, this included into China price earnings ratio is very, very high, and now we are all naked house with the family income, Ren satisfied, very satisfied with the calculation of Beijing, why not consider the fund, the foreign housing is a good decoration housing, considering the fund, bare room with the room decoration is actually even higher prices than before, Ren still not satisfied, if the median would be very low, no matter how Ren sophistry, in fact, is to show room price is not high, he even did not say how 30-year house prices rose, wages rose far less than the rate rise, he did not know when the last 78 years, a small courtyard housing is several thousand, not previously square meters concept, now rose to take 2m3 million more than the number of times, and now the discussion no matter how he is like on behalf of the people that house prices are not high, for he was in the rape of public opinion, and now people have an intuitive judgments, the price is high , and certainly they can not afford, this rape of public opinion, and now occupy the mainstream of the major media, occupied the main voice of the Boao Forum, I think this is a disgrace Long, Long standing who actually position, even an enemy of the people you so, I feel shame that the voice of this forum.
Moderator: I think the developers have a group of people are like that, he thinks Beijing is an international city, the old view that prices with the international standards.
Mr Cao: extreme absurdity, you can anywhere in the world is unique, the only factor to support housing prices in Beijing, Beijing jobs, money of the wealthy is to buy a house in Beijing , if not at work, he could not live here, he bought a set of by many, it is impossible to buy dozens of sets, is an investment to buy dozens of sets, the whole world to Beijing for the short term if the purchase of a housing, the work of a foreigner in Beijing is enough, if buying multiple sets must be the investment and speculative, must be transferred to the next house to house only, so as to location to emphasize the uniqueness of residents of Beijing to the world This attraction is very absurd, and only place you jumped, would attract speculators into the world, in turn, say the price is stable and if you can only attract people to work here, and a little upstart group This purchase is not as real estate development speed, so that the increase in sales volume is lower than the completion, which is destined for a long time in Beijing is a serious market in the pattern of excess, what could city development that is Business flicker, which is totally not credible, is also a metropolis Shanghai, Shenzhen is not the same metropolitan housing prices drop, Tokyo, Hong Kong is a metropolitan housing prices are down, house prices with economic trends are closely related, necessarily associated with the size of the bubble, big bubble in China must be broken, China hopes to maintain the bubble no matter who will be punished, it will become fun and excitement.
Moderator: Recently, many comments are saying that the Chinese people When the purchasing power of the Great Depression, the performance is very hot, that segment of time that some U.S. media have also organized a group showings, there will be future development of the Australian delegation to the Beijing market, do you think our domestic purchasing power is not as wide Housing prices in the world think that has staying power, so everyone's wallet drum, you can save the world of real estate?
Mr Cao: China is the world's largest country income gap, a few people grabbed most of the social wealth, their wallets are a few very rich drum, buy a house abroad is rich, the rich purse is very dark and the poor of the purse is very flat, very few people occupy the vast wealth of the society, very few people the sake of future generations of these people, the Anglo-American educational standards that much better, this is a legitimate demand, and some may be due to Anglo-American house prices are low, go there to real estate, this is speculative demand, but because the hands of the rich too much wealth, he consumption is limited, he can not buy a few hundred housing units, a housing every day living, this is no doubt, he bought more housing objective is to earn more money the so-called China's purchasing power, purchasing power of the rich in China, because it's consumption is limited, save up a lot of money to invest, to grab more benefits, most people have no money, buyers Mission also representing the rich, which is reflected by the consequences of China's income, the same ingot to the United States become a buyers digest, it does not understand the American consumer market, where to buy a house to pay property tax, property tax payment is very high, to that ingot to fail, it is impossible to make money, even after reading it to that school or to throw away the house.
Moderator: Can you talk about, you buy one now a commercial, it is the first of several suites.
Mr Cao: I have only one suite, 03 to buy, and then have a housing investment is a shame, because that is not labor income, if, as scholars like me, I go fry room to obtain benefits, is entirely inconsistent with my position, I am opposed to real estate, real estate gain, the higher price you are buying a house from the hands of plunder, in fact, the role of speculators, not by working for the interests of I do not approve of this.
Moderator: We also found that many colleagues would not buy a house affected by the surrounding, we all buy a house, including the 80 now will be to guide the young friends, including Wang also He said that around the age of the first suite is 30m40, you say a few words on the young.
Mr Cao: The Chinese concept of home ownership, 03 years of rising house prices, buyers will be able to profit, so we strengthen the home Business concept, if the price is down, this idea of home ownership will be diluted, in fact, speaking to you, house prices do not rise to buy a house is not as good as rent, if prices trend down, buy a house is not worth the candle, will cause you loss, the key to the room trend, housing prices continue to rise if, buy a house just consider living, but also increase the value of consideration is, the key is to look at the trend of the economic cycle, the key now can not find China's economic growth North, so I like will return in 2003.
Moderator: because people think of economic problems, including the future devaluation of the RMB, the Chinese investment channels is still limited, and will select a number of real products, to prevent their the assets value, also has such a mental.
Mr Cao: The future is perhaps gain more consumer goods, is now a large-scale credit, the current absorbed by the stock market and real estate, if there is trouble in the next period, there must be social instability factors, capital will flow from the stock market and real estate consumer goods, consumer price inflation, this time you may think that is more conducive to investment in consumer goods, even if the recurrence of inflation, rising prices is difficult because of rising house prices has been completed, Now just waiting to fall, and in 2003 the average house price rose 3m4 times, far higher than the level of ordinary consumer goods, including the extent of the expansion of money supply, rising prices have completed the mission, unless we can also occur currency 3m4 times the rise, this time I think there may be price to rise, if you can not achieve this level of commitment, I think that even if money invested will pay a price, to pay a lot of consumer goods rose, the government will tighten monetary, then do not know price pressure could put the economy down, then more substantial with the economic oscillations, if the time the real estate market is still rising, there will be collapse of the message, absolutely can not pay high prices, I suggest that the Chinese government and people are should resist the high prices.
Moderator: You have the table before the state had recommended friends or friends in no hurry to live, not to short-term home.
Mr Cao: I feel that Select , to the healthy development of Chinese economy, China needs an environment of low prices, only prices lower, to implement China's urbanization, the majority of migrant workers, only temporary residence in cities, and even can not afford to lease all rents, Because their home is in rural areas, and income is very low, considering the new groups of migrant workers and the gap between house prices, house prices are with them 20 times this group can really true urbanization, China needs to lower prices environment, to college students also must rates down, rents are down, in order to reduce business costs, only the prices down, they are not to eat a bowl of 20 restaurants, of which 15 is too high prices, to a firm declaration of war to the high prices, as people have their own distinct position, not only should be for petty profits to sell their positions, as long as the position of standing on their side, the people will win .
Moderator: Thank you today to share with us the topic of so many wonderful, thank you for your house guest Netease, hope you have time to sit here and talk to you again.
Mr Cao: Netease users Comment is still very active today, materials are particularly pleased to be here, I hope you share our ...

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Paralympic champion Far Eastern Foundation talk

 Paralympic champion of independence, the first independent charitable funds provide significant support to the Far East
Moderator: Good afternoon users, please click on Sohu studio today to our site in the Far East Holding Group Chairman, Far Eastern Charity Foundation sponsors Mr. Jiang Xipei; China's first Paralympic champion, Miss Ping Yali; director of China Entrepreneur magazine, Mr. Liu Donghua, welcomed the arrival of the three.
Host: 44 years ago, three people born in the same year, 44 years later, there is a things will be the fate of three people together and linked to that May 19 of this year's will provide two million venture capital fund, LIU Dong-hua was the party president of the jury.
three friends together today and the exchange of social welfare and employment of the disabled subject. first call to us to talk about the Far East, Mr. Jiang Charitable Foundation launched the reason, then why did I think to do this?
Jiang Xipei: very happy today and three went to the side to do the interview, the Far East Charity Foundation is actually a chance to make such a decision , established charitable Fund.
Jiang Xipei: Far East is very early to do charitable things, in 92 years when we went to run a factory in Shaanxi, then do the factory nearly a million voted to support the other side of the area to set up enterprises. nursing home, school, and so also do hope that it was in March this year, Chen Weihong CCTV's of the is coming soon, the second channel CCTV charity this year made a public service, is specialized to do such things, the Far East companies have this idea, this is a good thing, the Far East itself 17 years has been helping people with disabilities to do things that, once arrangements over two thousand employees with disabilities to employment, has nearly a thousand employees with disabilities. In the past we want the organization through a number of charitable foundations to achieve the aspirations of disabled, we found a few, including our Disabled Persons Federation, said the best CDPF donate this money to our side, we spent the year in accordance with the provisions of ninety eight per cent. but we hope the work of the disabled can make sustainable development projects, so that more long-term disabled brother to get help.
In such a context, the Far East was hastily set up a charitable foundation, a charitable foundation approved at least six months to three to six months in the District, this matter of concern and support by the leadership of Civil Affairs, we only use 20-day cross down for the grant to catch up with Disabled Day on May 20, catch up with the CCTV film this special program.
us with the In fact, many enterprises have this idea that we have such a power, they also received the support of Jiangsu many entrepreneurs, co-sponsored charitable foundation set up the Far East.
Moderator: We know that the establishment of charitable foundations, and not the Far East long, but is now slowly making a lot of efforts and activities, but also for the disabled a lot of employment opportunities, the Far East Holding Group has just started the business in the past has helped a lot when the employment of disabled persons. LIU Dong-hua President, You May 19 the party served as a judge, your activities from that contact to the present and Jiang, do you think the Far East Charity Foundation which made charitable contributions?
LIU Dong-hua: I talked to Chiang total understanding for a long time, we It appears that China's first corporate social responsibility is to create material wealth, and then solve the employment and taxes. we all know that behind China's reform and opening up the economy crumble, the people have enough to eat, at that time, the liberation of reform and opening up the market , and the driving force for the liberation of all dreams, producing a large number such as General Chiang entrepreneurs.
time entrepreneurs are not the actual beginning of what is a dream, by meeting the needs of society to solve the employment, pay taxes, so We Chinese people within such a short time almost by a shortage economy into surplus economy. Now every time I walked into the supermarket have sent lamenting the past, we Chinese people are so poor, what you want to eat nothing, everyone just because that when one or a few head to head, but now as long as the demand is there, I said that demand is an opportunity, that is, entrepreneurial opportunities, who will be able to meet the needs of the birth of an enterprise, resulting in a good entrepreneur.
China companies, Chinese entrepreneurs in the first stage of the main body of social responsibility reflects the way good business is good business through the creation of material wealth, legitimate tax, more and more to help solve the employment community. Indeed there is a group like the Far Eastern Group , like Lenovo, Haier set up earlier been relatively healthy, regardless of core competencies or the development of the brand influence than the larger, faster business, and now have some step by step outside except to do business, whether physical or entrepreneurial ability energy, time, and began to have some spare capacity to do more.
I did not ask the original Chiang total, I had to know that the Far East for 17 years to solve more than a thousand people with employment, the establishment of the Far East Charity Funds donated 82.96 million, our country has 82.96 million disabled persons, persons with disabilities equal to donate one dollar each to set up charitable funds the Far East. Many entrepreneurs do make public welfare charities have their own preferences, you do not know that he is Because one aspect of what is, do not know what the origin of the special.
out because large-scale CCTV lit sky spring as 2007, I told the total Bijiao Shu Chiang, took me to do the judges, that we do show time very long, fast from the evening until 11 o'clock, had tired, but very, very large harvest. Paralympic first gold medal winner is sitting next to me flat Yali, she said something I was very, very moved, was also sitting there, Xu Haifeng, who is China's first Olympic gold medal winner, that piece of gold seems to win the honor for the Chinese people know that every Chinese, but we we are the first Paralympic gold medal winner We remember the first few people Paralympic champion.
Ping Yali was said, not a media to interview her, she is also the first piece of China won the gold medal in the Paralympics, I felt really special special moved, I think special needs care, the objective is the understanding of vulnerable populations, concern that too few, and as such, not only businesses doing well overall Chiang, and usually take the initiative to attract so many people with employment, but also set up a Far Eastern Foundation to address the employment of the disabled train, which was mainly the location, very great! particular day I learn more.
Moderator: just Mr. Liu Ping Yali is the first reference to a Paralympic gold medal winner, this is not really understood by many people, the media did not give more attention to flat Yali. Why is this such a venture fund to the judges awarded a flat Yali, and two million dollars is such a big amount of it? < br> LIU Dong-hua: I have to say, as one of the judges, in fact, not only because Olympic champion Ping Yali is because our standards as a Charitable Trust Far East, China Central Television was more than 100 projects out of which six projects selected , the project person in charge of the six characteristics of their projects, investment value, Ping Yali is only one of them, and finally I do also more strongly, I will vote Ping Yali, one vote, and when she is the highest award, I was also mentioned I said the world champion's transformation Sports few people, especially as business transformation, the transformation is more perfect Li Ning, gymnast and he was not only a world champion, has won plaudits and respect, as an entrepreneur he has done very success.
LIU Dong-hua: show the entire project was in the process, Ping Yali one is because the project characteristics, persons with disabilities massage, massage with disabilities have a great advantage in itself, because massage is everywhere, but we for massage in fact, may also have some concerns, including health unhealthy, there are a lot of worries, but disabled the massage no distraction, and she is qualified to do it the best, most healthy and most clean, and people with disabilities do Massage has always been the country everywhere, but how to make the brand, made of chain stores, there are the objective conditions, the premise. Ping Yali has shown throughout the day, the quality of the overall quality of her, and she especially as an entrepreneur , an entrepreneur. including her as the kind of entrepreneur entrepreneurship, including business why she, her values, including her ability to express the brand to do something to relate to the ability of a brand.
I feel Ping Yali She is very entrepreneurial potential of such a person, I half-jokingly, half-jokingly Why? I think the day may become a reality. of course, Ping Yali charitable funds to obtain money the Far East, is to get an opportunity With the support of objective and subjective factors, Ping Yali future may become very great entrepreneurs, entrepreneurs than those who may be more successful sound, I look forward to one day become China Ping Yali to the cover of Entrepreneur magazine. entrepreneurial opportunities for persons with disabilities equal
entrepreneurs eager to take a huge social responsibility
Moderator: Ms. Ping Yali remember more than three months before you get a party when that sum is what feel it?
Ping Yali: My first thought was in 1984, only that members of the Paralympic Games is the first term of the Olympic Games, held in the U.S., but we did not interview with a journalist willing to package tours is our money they are hard to.
I did get the prize money to feel like when I get the Olympic champion 84 years, until 2007 the party lit Star That total was sent to me by Chiang The Olympic champion, I had that feeling.
Moderator: gives you a lot of moral support?
Ping Yali: Indeed. All these years I can say that through ups and downs, this is not me, but throughout the group. When I became Olympic champion, when impoverished, first of all I am most sad is that many government officials only when the Chinese New Year visits to people with disabilities only think of it, visiting who? Ping Yali. Ping Yali has reported value, with a lot of journalists, with three hundred dollars, with a barrel of oil or a bag of rice, to have the three hundred dollars, after there are open, and when I take a lot of money to journalists to I take pictures.
go after these oil and rice and I also take a picture of leading cadres, and later with disabilities said, any little aspiring disabled persons with disabilities are very disgusted with this. They likened the image of , Ping Yali what you need? injury.
When Chiang told us to play the total game, I was so excited, when someone great professor, Dr., I think their culture than I am, but I am equally a platform to play games . I am a lesbian I was the only advantage, I hope to play an emotional card, I want to conquer the judges. Secondly, I am very familiar with this project, I have a strong entrepreneurial desires. and in my business, when many athletes What other industries engaged in Cuozao or feel particularly aggrieved, I never felt like I was Olympic champion in the job, I just think I'm the mother, I want to job, I want to start, then my business can change the fate of my son.
So I never felt the process match that day, I am very proud to recommend to others my project, I even do a project for my ad. We have you out of danger project funds?
Ping Yali: because at that time to get this title, I may account for a big expensive, I often interview tempered, so when the flash of a bright face I can not see the judges, I just know my own business express desire on the line, probably because I played better that day.
When I received the money, I have a particular pressure, is that when I go to the Olympics, when I am not engaged in politics, I do not know While this gold medal means nothing in politics, I do not know how it is increased by the PRC since the first flag at the Olympic Games who I only know that if I took Olympic champion , came back to the relevant departments of our country will give us the training of persons with disabilities allocated funds, covered stadium, I was going with this task.
now I accepted the task, the total in the country as they do to help disabled Jiang Handicap Let us accept this honor two million disabled, my greatest happiness is that it gave me the honor, it is disabled at the same time gives us the glory of persons with disabilities, confidence, dignity, responsibility and strong, but also demonstrates our business, this is my greatest happiness.
me how to use the money? at CDPF leaders discussed them with me, Ping Yali, the Olympic champion, and you get the same. history before or since who , General Chiang that nobody gives you such a large sum of venture capital, if used well, the cause of disabled persons in Beijing have great benefits. it created a new assistive mode, the disabled, you will have to follow active business, for the fund. Only people with disabilities together, to struggle for their own happiness, and that subjective consciousness and passive CDPF on what policy the past to fight for what is given to what people with disabilities, it is our own initiative to fight their own happiness. If I use good, with this fund has changed the fate of persons with disabilities, the final total will be such as Chiang philanthropist to the charity. If not, then the future will not give money us. I have a lot of responsibilities, we must use it well.
I have now got 50 million from the Foundation's venture fund, I strive to two million 25% of the funds, I would like to create a new store and transform the two an original massage parlors. because my original massage parlors, we all know that we blind the way good work attitude and the spirit of good jobs, but we service environment is poor, so they nicknamed blind massage is a lame unbalanced products. I hope this 500 000 my new shop and two of my old shop into existing services and practices good stores.
Moderator: Ping Yali, and we shared a lot of her business during the hardships, including some of the ideas of her future, but I feel like Ping Yali just mentioned, in fact, they care about the outside world, they understand this is a generous donation worth mentioning, for their help worth mentioning, but their hearts always have a stronger than average self-esteem and sensitivity. In fact, entrepreneurs, too, as LIU Dong-hua president once said, in a very powerful entrepreneurs, beneath the surface contains a relatively lonely is the soul of even more vulnerable . entrepreneurs to do these things, they also hold a very good attitude and intention of the recipients, who are also willing to accept, but there are some less reasonable channels will hurt their feelings and enthusiasm, is well aware of President Liu entrepreneurs charity's operations, do you think the two sides should have a better channel for what the two sides together?
responsibility, this responsibility is not just giving money, there is a particularly important way of charity. I once said a word, ;, because sometimes if you put the object of charity as a coward, art thou inappropriate ways to help him, on the surface you help him, actually may have contributed to his laziness, and even he wants to deceive you, You help him lie. you help him lie, meant that he had reason to cheat more people.
what kind of way to do charity is very, very important, as I said earlier, entrepreneurs socially responsible, what kind of stage in what should be the way today's enterprises, today many of our entrepreneurs are forced to do good in form, is to guide public opinion by our mistakes, and that the company would have if we do not more energy to the enterprises, their business survival is the issue. itself the normal development of business logic, you need to invest more resources in his, and his own resources is not enough, he'd take more energy to point out cater to public opinion, the more resources come to the result that the enterprise become less healthy, in fact, it is entrepreneurs in the wrong is done under pressure of public opinion should not be selected, but they are helpless.
Sohu is the new media, we are Sometimes great pressure, to be harsh words, burning incense cited ghosts, anything can happen. do bad things, say bad things about the cost is not high, may not catch the first to seize the benefits after the punishment is very light but may be large, are probably a lot of pleasure. If things do not get respect, appreciation, encouragement, doing bad things are not properly punished, the cost can not go up, our society is difficult to created a good atmosphere.
Jiang Far out of charitable funds total more than eighty million, as an entrepreneur there are so many things, but he took so much time and energy to do this thing long ago, was so much doubt, it seems that flicker, Far Eastern Group and China Central Television partners did a scam, how can that be? long as there is a little bit of normal thinking, so much a business, entrepreneurs and so famous a CCTV together to do such a thing a hoax, how can that be? as long as the normal thinking is impossible, but it actually causes a strong resonance.
I think the one hand, how the media continue to improve public opinion atmosphere, on the other hand such an enterprise or an entrepreneur is not the way to do good , consist of flat Yali said earlier, I think you and the world champion's prize money is not the same as you have just talked about.
example, I take home the prize how to use my right, this is because it is the Far East Charity Fund to help the disabled find jobs out of our selection of a project, the demonstration effect of the project itself, and the person in charge of these projects itself as the entrepreneurs have the responsibility to the money is good, just like flat Yali said, this money well. and the donor behind the Far East Foundation is a successful business and successful entrepreneurs, the entrepreneurs have the responsibility for results, I donated two million to six million, tens of millions, How to make money instead of buying a few pieces of bread to eat, buy a few pieces of bread to eat is the other way, not me to do the charity fund.
me how charitable funds to help me filter these entrepreneurs step by step to effectively spend the money well, this proves that our judges to judge the project on the judgments are visionary entrepreneurs, and we picked the right, before they have a very good demonstration effect, as I level Yali said. If the project is successful, the Far East will be more money out, while a growing number of other outstanding enterprises and entrepreneurs to address the employment of disabled persons to contribute their strength.
as persons with disabilities a fair business environment harmonious society requires love and understanding people with disabilities
Moderator: Just like the president mentioned many of Liu public concerns, Chiang total is sure to encounter many difficulties. just set up your business has so far recruited Almost two thousand people with disabilities into your business to the job, then just give them a job, not supporting them to start such a complicated process. now embark on a help many people with disabilities to go into business, we all know that business is a very complex and risky process, your perspective on why the public welfare of persons with disabilities, and why put it into the business field?
Jiang Xipei: I actually have with this group of people with disabilities understand the opportunity, I start from the very beginning 90 years people with disabilities, along with the development of enterprises, an increase of countless people with disabilities, people with disabilities took more than two thousand employees view the Far East, had just come from their situation, and now become industrial workers Our approach is to help right. disability groups living in the bottom of the group, they are most in need of care most in need of support. from them to see that the right way to help him, how he happy,
a business with limited financial resources, it is difficult to solve more disabled persons in need of help, especially in relation to economically backward areas, the proportion of people with disabilities more high. We are not there many people jobs, people still waiting to find a job, they have been for a good education and job aspirations and rights of life, to set up a foundation to help people with disabilities training and employment, starting from the orientation to help them, then, to some extent to the desire to achieve what we want. This is the first, job training.
Second, to help people with disabilities such as flat Yali entrepreneur, entrepreneurial success of the project if the persons with disabilities, because they start with their own conditions characteristics, will produce more jobs for the employment of persons with disabilities.
Third, we have so many companies, even the inside of a business move eight or ten people with disabilities, 82.96 million will be the fate of persons with disabilities greater change. State of new employment for the disabled have such a provision in the Ordinance. In addition more and more aware of entrepreneurs in business development but also should do more social responsibility, there is such a good heart and heart charity, entrepreneurs charity groups will be more and more, way more and more, including the Red Cross, Hope Primary School and so on. We mainly want to set up this fund to help people with disabilities the largest job training funds, in line with our sponsor desire is to help people with disabilities a better path.
Moderator: In business this way, Ping Yali able to talk about as disabled users, they want equal access to a business or job opportunities, what they need like what kind of conditions or the quality of their own needs?
Ping Yali: We have developed a series of national employment protection regulations and policies of persons with disabilities, but no matter how protected, because the enterprise is an economic entity, the economy needs some benefits. We disabled if the posts of employment, persons with disabilities must not be reduced to their own requirements, you should strive to learn opinions on some of their own physical condition for their professional and strive to accept your position to make your own contribution. In fact, I later found that people with disabilities to contribute to society, people will give us more respect and understanding, this is my community for so many years into one of the most intense feelings.
Moderator: In the business The process has never come across some of the more difficult things? or have some experience to share with other people?
Ping Yali: When people do not trust you, or is not optimistic about you, you should be patient and make every effort to go to someone else the opportunity to explain or to others, even I have in the community the best experience, when people bully you, I still play the fool. For example, when I buy something, people bad things always to sell me, then once a large number of people sent me calendar, I went to the grocery store manager called them and told them that few people often buy things when I take care of me, help me pick a good , and I thank them, send them to these calendars. Later they were embarrassed, and really put the best things to sell me.
called they said was public relations skills, skills not skills I said I do not know, I still hope that healthy people can accept us, because we in a blue sky, because I always imagined that my father is a pilot background, but my mother conceived me when infected with rubella virus. They say the advance of science is only for people with disabilities pay for the progress of science, because of congenital rubella virus has caused us the disabled, so we invented the rule of rubella virus before going to the drug, some people infected with SARS have the SARS vaccine. came to the world I have fantasies, if you do that how good a healthy person, but the fate of not so good to me, as a person that you are making a sound, inherently make, so I hope that healthy people will understand our innate to the expense of those with disabilities people.
but as our own, the harmony of Chinese culture is, in fact, two is enough to see a harmonious society, one is to see how people care for disabled and able-bodied people with disabilities how to look at society, if these two issues are solved, in fact, to build a harmonious society.
Moderator: Ping Yali from either the idea of conversation as well, are very optimistic and positive and very calm and rational state. As an entrepreneur has a very clear business sense, we also know that in many companies, including providing job opportunities to the disabled community, when the best jobs are not left them, but the relatively low number of jobs simply leave them, which work in this environment, many people with sensitive or negative self-generated ideas, I saw the Far East have had a number of charitable foundations better innovation, such as in a dark restaurant, inside the restaurant when the need to wear them to dinner in the dark luminous mirror, the waiter The requirements are very high, probably the best waiter to blind, because they are the voices around sensitive areas, this means a lot of people start to bring good jobs. In the Far East Charity Foundation on Employment of the Disabled What measures will have some?
Jiang Xipei: employment of disabled persons with disabilities according to the different circumstances of each arrangement whatever their positions, and they are willing to do the job, will bring them happiness and joy of the job. Far East this is specified, all persons with disabilities can do, and willing to do, want to be giving priority to the disabled, so some of them really become our technical experts, some management model, to give them a level playing field in our side must not discriminate against persons with disabilities, be courteous at all times give priority to persons with disabilities. The efforts of the past 17 years, the Far East have done.
the company we now have five thousand people, an increase of about a hundred a year will people with disabilities, in accordance with this ratio to increase. But now there are so many people with disabilities is not arranged, the project is a blind computer software, this can be considered high, it is generally possible to design it out. do we have to impress people with disabilities, many are not disabled, limbs than healthy people wiser and more creative. As to the Far East There is no doubt that to make such efforts to help the disabled employment as our share of the functions.
Moderator: General Chiang to take up its responsibility to significant social welfare, and he is very concerned about the charity itself, in many There will be a lot of Chinese entrepreneurs, philanthropists there, how do you view their behavior and they are involved in the field?
LIU Dong-hua: Now how can we really understand more entrepreneurs to understand entrepreneurs, so he should be in accordance with Some logic, in the eyes of everyone to enjoy doing the things he should do, playing an inappropriate analogy, I think our society's understanding of entrepreneurial understanding and knowledge of persons with disabilities to understand the same is not enough, very, very scarce. In fact, only the surface is a strong entrepreneurial community, I have a metaphor, protect the child, he is the most vulnerable. He mouth of a family and social thought that was his strength, in fact, it is his responsibility.
such as General Chiang many entrepreneurs, he is not to be alive, especially in the beginning even for myself, to a certain stage, even thought it was for their own subjective, the objective has not, because he has no need, for example with several hundred million, dozens of billion, after a few hundred million of net worth for themselves alive? sense? We gave him the encouragement and applause, he would more and more energy, resources to take over, the real entrepreneurs are willing to drive for the community donkey, millions of their own wealth, hundreds of millions of wealth belong to the social.
more about respect for entrepreneurs, Ping Yali, as the day I was so touched, they really have our so-called able-bodied people do not have. others teased her, telling her it was the best, actually cheating on her bullying her, but she play the fool. This is a trick? is a mind, is a state! even a normal person be so treated in the of what will happen? would argue, would be a row. She is good for evil touched each other, this is a very great state.
mentally disabled people in the face of our so-called able-bodied people should be ashamed of, it should They learn many things. Let us understand more about the disabled, to understand more about entrepreneurship, so that this society has become more harmonious.
reasonable and healthy operation of the charitable venture fund to give more development space and the field of disabilities
Moderator : refers to the help of people with disabilities, we also have to mention the Far East Charity Foundation, the Far East, although as a new charitable foundation's charitable funds, but the body burden is not small, to face a lot of people with disabilities, and disabled groups in our country now, but still a big group, but is quite vulnerable. Far East Foundation is what kind of management style? people who are doing public good is very large, very large users questioned , can look to our friends on the Far East, there will be a charitable fund what healthier running?
Jiang Xipei: In fact, each company to create a penny of wealth, good fortune is to use good management companies continue to grow and develop the need to not only become the brands, but also come out of China as the world's brands, so the state of society better.
in enterprise development, we must actively fulfill their social functions, do charity, the positioning of the Far East Charity Foundation is to help our disabled employment training for people with disabilities such as flat Yali help business.
our management major is designed to help organizations of persons with disabilities, from all these organizations go to help persons with disabilities. Now this organization is very large, such as massage, deaf schools and so on, they at least have a good program, and then through our charitable foundation under the leadership of a Board Secretariat, for these projects initial screening, and then selected by the Project Selection Committee, after the prize winners will get 25% of the funds first and then look at the use of funds is achieved in accordance with the project as promised and the effect of such a plan was then put into the arrangements. The Foundation Funds must properly manage and use, not after year after year, the Foundation has not, and development does not go to well manage such money is not easy, and increasing the value to make money. Far East Charities Fund Is the current financial ...

Do not stare at the old dog for the right to do, we should strive for, there are many

 This is a somewhat special day.
Yan figure out where would such a big old fire, I fathom this simple and honest lovely old man, today is definitely the boss has been shot south have an article, or think of something something bad aging of the past. one who loves to write, always write the article as their own birth children. regardless of their bindings and then re-write ugly again, it does not allow other people say is not half.
always Yi Zhongtian do not understand that to. Maybe he was bit in the eyes of many people's heroes are pulling the wind, but in my eyes it is a fully-fledged actors. His performance is really wonderful, the three countries speak layman , while also full of flaws, but it is to cater to a part of the audience's appetite. plead for the dog this time, in the blog, refuting the old Yan nonsense, but also a burst of applause. I can not help Charan, Yi Zhongtian Father is eating by mouth The article has been fading bird, but now am an expert, thief crying stop thief, but why?
I do not oppose the right of people to respect the dog, I also oppose the slaughter of dogs, but I still do not recognize the dog's servility, though easy to call that Father dog, no thought, only loyal, but blind loyalty, this is no doubt. the right to lift the dog, also estimated the meaning of high society. easy to drive the wind Father is a rudder, smooth and slick, there is the Mother of milk Lord, I believe understands this truth. Otherwise, it will not be imposing a guest of CCTV, the best storyteller will one day under the bridge.
in the What has brought about progress, he can only please do not give everyone trouble. old Yan did it real work, tell the truth, than is easy to Father, it is many times stronger. Easy Father's right to respect for the dog to respect animals rights, but also please respect the human rights, the respect for the rights of other people do not like dogs. you do not Chugong CCTV occupied even if the pit, do not expect people to like you constipation. Although a lot of money you earn, harmonious society, a large number of First you need the right kind of dog people. Perhaps the only way to faster and international standards, let me state allies despise.
sympathy for the bitch bird dog burned to death, but the sympathy sympathy go, but not will cry, after all, only dogs. reality, the mother can not protect their children do not know how many. I do not know forced abortion be considered murder, if the count, then every occurrence of this land do not know how many cases, you do not see how Easy Father clamor in the blog? If we just the fight for the right dog, mouse right, the right chickens, ducks such as the right to make even?
people, dogs love outstanding. easily Father, to fight for the right dog, please think twice. a good plan, a concealed space of the machine, who is also handling world ambition. dog rights, to fight, there are many.
not much is too much.

Today is International Women's Day Women's Day ---

 Today is Women's Day Women's Day gift
significance
Women's Day Events

English name: International Working Women's Day
About
International Women's Day Women's Day each year on March 8. < br> International Women's Day (International Working Women's Day), also known as brilliant unity fight holiday. On this day, women in all continents, regardless of nationality, race, language, cultural, economic and political differences, a common concern for women's human rights. In recent decades, the United Nations global conferences of four strengthening of the international women's movement, with the growth of the international women's movement, Women's Day made a global significance. These developments make International Women's Day become a united, coordinated effort demanded women's rights and women's participation in political, economic and social life of the day. The origin of

Women from the United Nations began in 1975 to celebrate International Women's International Women's Day, recognized for ordinary women equal participation in social traditions .1997 Assembly adopted a resolution inviting the history of each country according to their own and national traditions and customs, the selected year, declared a day of women's rights and the United Nations World Day of Peace. of the United Nations to achieve gender equality initiatives led to establishment of a national legal framework, and enhance the public of the urgent need to improve the status of women in all areas understanding.
1857 年 3 8, the U.S. clothing and textile workers in New York held a protest against the inhuman working conditions, 12-hour working system and the low pay. marchers by the police siege and scattered, the two years later, again in March, these women organized the first union.
1908 年 3 8, 15,000 women march in New York City, requiring shorter working hours, increases remuneration for the right to vote, prohibit the use of child labor. They raised the slogan of before World War I, the shadow of war hangs over the world, the imperialist colonial .1910 attempt to carve up in August, held in the Danish capital Copenhagen, the Second International Socialist Women's Congress. attended the meeting were representatives of 17 countries, The meeting discussed the main problem is that military preparations against imperialism and defending world peace; also discussed the protection of the rights of women and children, for 8-hour work system and women's suffrage issue. led the meeting well-known German socialist revolutionary, an outstanding communist fighter Clara. Zetkin initiatives to the annual March 8 as the date of the world's women struggle to get the unanimous support of delegates. Since then, the .1917 for the liberation of the festival, the Russian women in the February 23 call strike to demand Sunday, converted into a wide range of European Gregorian calendar is used on March 8.
1911 year on March 8 as the first International Women's Day.
1917 年 3 8, Petrograd, Russia Le's women, bravely held up the ; Day commemoration in 1924, under the leadership of the Chinese Communist Party, held in commemoration of working women in Guangzhou and processions. The meeting was a pioneer of the women's movement Xiangning presided over the meeting proposed the women and children began to celebrate International Women's Day, make sure ordinary women for equal participation in social tradition of .1977, the General Assembly adopted a resolution inviting each country according to its own history and traditional customs of a selected day of the year for the United Nations Women's Rights and the World Day of Peace. For the United Nations as International Women's Day March 8.
Women's Day International Women's Day is the meaning of
March 8 every year to celebrate women in the economic, political and social important contributions to the field and established the great achievements of the festival. At the same time, also to commemorate the 1911 Triangle Factory Fire in New York more than 140 women killed.
established the idea of International Women's Day is the first generation in the early 20th century, when Western countries are in the stage of rapid industrialization and economic expansion. poor working conditions and low wages make the kinds of protests and strike action after another .1857 on March 8, New York's garment and textile workers took to the streets to protest poor working conditions and low pay. Although it has been attacked and police authorities deployed to disperse the protesters, but this protest led to the first two years in March after the establishment of a union.
Next few years, almost every year on March 8 have similar protest activities. One of the most striking is that in 1908 there were nearly 15,000 women took to the streets of New York, requiring shorter working hours, increased wages and the right to vote, etc., and a call for a symbol of economic security and quality of life, annual February celebration last Sunday. This year's celebrations continued until 1913, .1910, the Socialist International meeting in Copenhagen, Denmark First International Conference on Women. at the German women's movement leader Clara. Zetkin ( Clara Zetkin) initiative to set the day as International Women's Day, get a positive response from delegates. The following year on March 19, Austria, Denmark, Germany and Switzerland held a total of over one million people a variety of activities to celebrate International Women's Day .6 days after the March 25, New York, had the famous triangle factory fire, the fire engulfed the lives of more than 140 garment workers, which most of them Italian and Jewish immigrants. and poor working conditions is considered to cause such a major the main casualties. the fire was also on the United States had an important impact of labor legislation.
the eve of the First World War in Europe, women are also at the March 8, 1913 took to the streets, by holding against the war and other forms of peaceful assembly.
mark International Women's Day later also proved to be a prelude to the Russian Revolution of March 8 .1917, when the Russian women on strike, demanding days later, the Czar was forced to abdicate and the provisional government announced to give women the right to vote. After the success of the October Revolution, the Bolshevik feminist activist Kelun Tai (Alexandra Kollontai) to convince Lenin set the March 8 holiday. Soviet times, every year commemorate this day, The Russian-day holiday, men will be presented gifts to congratulate the women of their holiday.
In Western countries, the International Women's Day celebration in the last century, normally held during the twenties and thirties, but then was interrupted. until In the 1960s, with the rise of the feminist movement that she gradually recovered.
1924, the CPC held in Guangzhou, the first Women's Day celebration .1949, the mainland central government was established officially on March 8 as Women's Day, the National Women's Day half-day holiday and celebration held in various forms. In Taiwan, Hong Kong and Macau, also Women's Day be celebrated as a holiday. But in 1991, but canceled the island of Taiwan Ministry of the Interior When the original Women's Day holiday the provisions of women.
United Nations International Women's Year 1975 began on March 8 every year to organize activities to celebrate International Women's Day.
Women's Day gift
Then, in March Eighth Women's Day the gifts to women better then?
women if you want to send flowers, you can send: Jasmine (Jessamine) beautiful words: pure and eternal love; Campsis moral maternal love, often with the holly, primrose together, form a bouquet presented to mother. herbs: a symbol representing the mother, moral, noble flowers. carnation (Dianthus caryophyllus): Mother of the flowers, the main Mother's Day flowers.
You can also send some each other like a gift: for example, for her perfume, her favorite clothes, shoes, bags and so on. If you can, personally delivered to her hand.
Women's Day International Women's Day Events
3.8 is a festival of women around the world . This day is recognized by the United Nations, and has been identified as a statutory holiday in many countries. from women all over the world, though by different national boundaries, race, language, culture, economy and politics distinction, but in this day to celebrate the holiday of their own. Let us look back on that ninety years ago in order to obtain equality, justice, peace and development to the struggle.
International Women's Day is a witness to make history of working women, women to fight for equality with men take a very long road of struggle. Lixi Stella tower in ancient Greece led women to struggle to stop the war; the French Revolution, Parisian women shouted .
the concept of International Women's Day born in the early 20th century, the international community is in a period of industrialization, rapid population growth and radical ideologies, social situation is very volatile. The following are important events of the decade:
1909
In 1909, the Socialist Party announced that according to the U.S., the first International Women's Day on February 28 in the United States as the last Sunday of February until 1913.
1910
1910, held in Copenhagen in the socialist international conference decided to establish a women's festival, as made by the women's movement praise the achievements hungry. The plan of 17 countries from more than 100 women specified in the Finnish Parliament, including the first three women to obtain the right to vote. But that meeting did not set a precise date.
1911
1911, Austria, Denmark, Germany and Switzerland will be Women's Day as March 19, more than a million people attended the rally in the day . In addition to demanding the right to vote and the government public office, they are also asking for equal work and job training opportunities, and calls for the elimination of gender discrimination at work.
less than a week, in the March 25 tragedy took place in New York, a fire more than 140 women's lives, most of them Italian and Jewish immigrants. this event to the tremendous pressure the U.S. government, the disaster caused by poor working conditions can not be ignored, the development of the International Women's Day put on the table.
1913 -1914
the eve of the First World War peace movement, the Russian women in February 1913 celebrated the last Sunday of their first festival. while in the rest of Europe,Discount UGG boots, in the next few years, women always in the March 8 meeting was held to express their determination to unite against war.
1917
1917, the two million Russian soldiers died in the war, Russian women again chose the last 2 months Sunday is February 23, while in other countries use the Gregorian calendar, this day is March 8.

China's real estate situation and of the Chinese economy in Latin America (Complete)

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network switch: China Real Estate Status and Latin America of the Chinese economy (on)
the National People's Congress, March 9 will be open , Finance Minister Jin said, we are the bad debts, bad debts before the four major banks, ah, call out to 1.4 trillion yuan, appropriated to the four major assets of the company. Now the company can not sell the four assets, the results also Ministry of Finance was called to resolve. I used to just like to tell you ah, the banks ultimately have to call people bad bear. the result of this is the first time he admitted, no way, bad debt can not be resolved.
1) corrupt volume flight models, the bank refused to responsible
Another thing, just want to report it. As you may know, Harbin ran out of a mountain, take one billion yuan. This is a great a thing in China, today told not his running, but because many people put money in the bank called him to pocket a. Bank of China and the Chinese People's Bank of consultation, the money does not make up make up? we all know the situation in the United States, I have this experience, I was in Europe, the results of my bank card, is the BOA (Bank of America, Bank of America) have lost the cash card, I do not know, two days later to know. to call to the bank and found that 3000 U.S. dollars a people to brush away. Results banks tell me, do not worry, we'll supply you the money, we went to investigate. This is America's credit, in fact, I have not lost, it is why banks have to pay? United States is one such requirement. billions of RMB in China after being swept away, put forward a reason for the Bank of China, said that fraud is an individual mountain, has nothing to do with our bank, you who save money, and who themselves. The result is a highly controversial, depositors, including the Bank of China, Harbin Expressway say you have credit, I save money to come to you, otherwise, who keep coming to you ah? Bank of China said no, because he personally change your money, not our bank steal you, is his personal fraud, so you have to sue, sue him. so many savers urgent, that we can not go to Canada, told him to, ah, the Chinese government can not find him, we where to find him ? Therefore, Bank of China, ah, it appeared that the credit problems. do encounter problems, they push. Why do you push it? said that the Bank of China branch in Harbin, and now banks under the contract system. We made only 60% of wages and another 40% until the end of hair. He took away A billion is equal to the wages of workers of our province for 40% of banks are not the only took. Heilongjiang Province, on the book profit of the Bank of China more than 4,000 million, the actual loss of the four more than a billion, the newly appointed president said ten million profit a year, it seems, 05 years is not profitable, because the earlier gave swept away, and would like to profit not a profit also. Therefore, the Chinese bank's credit it into question.
2) corrupt officials were arrested for new official conclusion is . I will report a message, I was watching TV the world, in Los Angeles. that there is a private entrepreneur in Lanzhou called ZHANG Guo-fang caught. the result he involved after that, Wang Jun, Lanzhou Municipal Committee, Mayor Zhang Yushun, the Deputy Mayor Yang River and other officials, including one for more than 70 arrested., the Central Government and the Gansu provincial government to send a new secretary to go. The new secretary called CHEN Baosheng, inaugural address, called satellite TV to broadcast here, just asked me to see it. how to say what he was, he said, promoted. mayor, secretary gave arrested. they wanted to unite, what things should we discuss, after a good discussion to tell. China has a lot of such things.
II Situation of Chinese Real Estate
1) China Real Estate
dangerous to me to Dallas, I feel a feature of the house here on the cheap. envy. I live in a friend's house more than 3,000 feet of the house and sold 20 million, in Los Angeles is something unimaginable. In Los Angeles, is 700 to 800 dollars a foot, 3,000-square-foot sold for more than 200 million, this is simply heaven ah. I'll come here to immigrate to buy the house. Los Angeles, I can not afford a house, just look here newspaper ads, a four thousand eight hundred hundred feet of the house, take away a tennis court, a swimming pool, and sold one hundred and fifty thousand, which is simply given away, ah, in Los Angeles two million can not buy. However, more than a house in Shanghai Los Angeles is also terrible. I have a friend in Shanghai who is a doctor, orthopedic spine doctors do, the business is profitable. He said that the house is sold well in Shanghai, a 3 room apartments selling for 50 million dollars. to invest to buy two. I had said to him, can not buy. He said, no, we are buying, not buying is a fool. he really back to the mainland to buy, but also lined up to buy. Later, in Shanghai for 3 months months to come back. then told me that he had to buy two sets, then a set back, that no rebate can not, because he found that they lied to him. He said that the time to buy a house when he was told he was not a house, to queue up. When he took the ticket to see when they said that he had business in the United States, soon to go back. The results have two people told him the house, to sell him. He said he could not let others put it Shanghai people look too stupid, he would personally see to. The results showed that there are people who bought the house, but unoccupied, it is very strange. was to buy a set, and the other a house down payment, do not the. two weeks ago like I said, Americans are a fool of. think about it, light a Shanghai bank loans of 1.9 trillion, how could the Chinese people to pay this price? In fact, Beijing, Shanghai, the house has more than New York and Los Angeles. Los Angeles, Hollywood was only 800 foot, Shanghai How many? twenty thousand yuan / Hasmy! it was an apartment, ah, ah, not independent of the house! so the house market is very dangerous, but the Chinese economy is like.
2) by selling the local government to maintain fiscal
China to promote economic, Zhu was speaking before a positive financial and economic issue of bonds. Chinese state-owned economy is definitely less efficient than the private economy. In this time of low efficiency, the effect is that more and more cost-effective poor, social development, slower and slower. In this case, less and less government revenue, the economy will stagnate. this time, the fiscal expansion, the central debt and more spending to reduce the local government had no money.
how to do it? Guangdong, Fujian and other places is more intelligent, started selling land. State land in public ownership system, there is no field to enter the circulation. Land is only valuable when called commodity trading, the Chinese state-owned land are that it does not transactions, which did not produce the price, so its circulation system, does not include the value of the land, mining value. In this case, the local government land sales, equivalent to generate additional revenue to make up for local governments.
Gansu, Shaanxi Province The Government said that we had every building roads, investment, and we find people contributions, taxes, the central government that we arbitrary charges, we drop a bad name. You see, Shanghai, Guangdong, land sales, land sales is a pens, are a few millions, tens of millions. The results of Gansu, Shaanxi also began to sell. sold to pay the money is not the central government, only to pay more taxes, mostly to the local government. Therefore, China's real estate is not central government support, but the local government must sell the land after the land sales revenue to maintain provincial, municipal and county level, the functioning of local government, so they did a performance. In this case, if I want to be mayor, My buddies do real estate, when, after both of us to communicate better, to sell his land, he made money, everyone will have their portion, where have the money, the benefits came out, better social municipal construction.
3) The forced relocation, forced to buy a house, and twice the people, exploit
not the same as in China with the United States. in the United States when the demolition, there are other houses can go to rent. In China, not to rent a house to live, After a large number of house demolition in particular, rural and urban are not rented a house for a living. In this case, and further forced relocatees to buy a house again. the original value of the land the house it, has no value, only to compensate for very little money . forces you to the suburbs to buy a house, mean that you suffered a secondary exploitation, and that the money rolling again, or flow to the hands, because the real estate resources are mainly in the hands or control. In this case, there is a small economy microcirculation, only one loop in the profits, is the government. local government to maintain expenditure, it must do so. So we see that real estate has been rising in China, including Shanghai government officials also say a few days ago, said Shanghai house prices can not fall, down to a problem.
4) car loan bad serious insider
China has just started to do a car loan, which is about Jin. Now has identified the number of bad auto loans off it? 100 billion yuan. very few people in China buying a car, now has 100 billion yuan of bad debts, bad ones. They were how to do it? after they bought the car, to sell to other provinces, the money loading pocket and left. disguised loans, no place to check to check, no such system in China, and no social security number, where to go and spend some money can change identity, who also could not find him, and the local regardless of the police, the village folks, give me twenty thousand dollars to see him. so, very strange very strange phenomenon. Chinese real estate market as a whole is such a lie.
1) just the mainland inflation Start
another, the mainland is likely to be inflationary. In fact, the mainland released a couple of days ago the information said that the basic raw materials up to 71%. However, China has just announced that we have 3.9% inflation, I do not understand that 71% of the basic raw materials prices, including ore, petroleum, iron ore have risen, you do have aluminum shell of the cup it, its price can not just up 4%, raw materials rose 71%, prices rose only 4%, you say, is unlikely to do. speak in mainland China, you can not be too sure. just like the mainland Bureau of Statistics, said some time ago, big little liar liar, big small rogue rogue said. You can not say that local government 40% of statistics are poor, your statistics are not accurate, we central statistical accuracy. really bad 40%? that 40% of the equivalent of one year the Chinese government's revenue ah. reveal a message, the news is his story, the local Government's GDP and GDP difference between the central government statistics, 40%. almost equal to the Chinese mainland government revenue a year, but released by the mainland government is not so much revenue, and only 3,000 billion. But the difference between 40% and poor 460000000000 . From this we can see that the Government's revenue in China, may spend more than it should be published. He said the mainland is almost equivalent to a year in revenue. lay the data often reveal their vulnerabilities, but this is their their say. So you know, China's fiscal revenue is much higher than its published information. This is the finance minister speaking their own words.
2) a characteristic of Latin American economies: in fact, speak to a fixed exchange rate
talk to, or back to the original topic, how about the Chinese economy? the best country in Latin America economies are Argentina, Brazil. Argentina's land area in Latin American countries is relatively large, the material is better. The country has a feature that the Asian financial crisis 99 years, including the Brazilian financial bankruptcy, has no effect on Argentina. Argentine came through, just like China. Asian financial crisis, South Korea down, Indonesia, Malaysia also fell, the Chinese somehow, very similar examples. Latin American countries 80 years ago the economy is bad, then, a new president took office in Argentina, called Carlos Menem, really understand the economy. He performs several policies: fixed exchange rate, as with mainland China, across the board, Argentina called the peso currency, all foreign assets after coming into pesos, U.S. dollars are not allowed to flow. As a result, foreign exchange reserves to increase rapidly. rate unification, under government control. adopt the same policy with the Deng Xiaoping reform, opening up, foreign investment, development foreign economy. economic growth quickly, up to 9.7%, the lowest 7%, China 9.3%. Argentina's economy really growing rapidly, foreign exchange reserves increased rapidly, the currency stable. monetary value is very stable, foreign investors find a good investment, a large investment. economic growth well the year 1999 in October, Argentine President Carlos Menem (Carlos Menem) was invited to the International Monetary Fund / World Bank annual meeting speech, another speaker was President Clinton. This is a performance reward Menem himself, is a symbol of the glory of Argentina. At that time, Brazil also collapsed, Chile also fell, and Mexico also fell, with only Argentina is NO. 1. with China's situation is similar.
However, just two years later, Argentina sank into a severe economic, social, political crisis, the magnitude of the broad, deep beyond the level most people expected to .2001 in December, the bank deposits frozen, IMF announced a freeze on aid, the economy minister Ricardo Carvalho (Domingo Cavallo) and President Fernando de la Rua (De la Rua) have resigned, the Afghan government announced a freeze on payment of foreign debt.
2002 年 1 6, Congress passed , bank deposits and government debt are forced by the provisions of the peso exchange rate of .2 11, the reopening of the foreign exchange market, the peso began to depreciate sharply, the Government thus plundered from the banks and private wealth. As the Government's large-scale violations of private property rights , private investment and production of power lost, the elite continued outflow of talent. Also, if the monetary authorities can not quickly rebuild reputation, strict financial constraints, had to suffer a lot of Argentines for decades will be very serious inflation is coming. just a few years, Argentina into a slump from the glory, from the pet into a pariah.
3) the characteristics of the two Latin American economies: Argentina foreign investment
was learning the Chinese government example, China has ruled out a large delegation to learn from their experiences. From the point of contrast between the two countries, Argentina, land area of nearly 2.78 million square kilometers, ranking the world's No. 8. .2000 quite rich natural resources, GDP was 285 billion U.S. dollars, Exports accounted for only 10.8% of total GDP, total imports accounted for 11.4% of GDP. the same period, China's exports, GDP, total imports were 25.9% and 23.2%. Natural resources and economies of scale from the point of view, Argentina is actually a big country, at least a potential great power. economy is so good of a country, by 2002 a problem. It takes the first policy is to attract foreign investment, to foreign-based fixed exchange rate then.
4 ) characteristics of the three Latin American economies: the proactive fiscal policy is the third
proactive fiscal policy. step by step with China is very similar. Why take the proactive fiscal it? to a certain level of economic growth, do not pull up, it to expand investment, it felt more foreign exchange reserves to invest heavily. but in the case law is not perfect, cause a problem. as long as with the Argentine officials related to him, to have food to eat, to eat meat, drink at least point Feiyou soup. This time, Argentina corruption appears. positive financial, that is, government investment, have talked about, when a large government investment is bound to suppress the private economy, the government has the power, powerful, how it is saying private economic competition?
On the other hand, low efficiency of government investment, which is several decades of history and the history of communism have proven to do. The results economy go down, tax revenue and able to come up, the government can not be maintained. It is more than government bonds issued , to pay his debts, to taxes, how do? Argentina to adopt policies, this policy is called Zhu Rongji to the school to go, what policy? is to increase the financial transactions tax, interest to pay tax, the stock must pay taxes and so on. mission others did not learn to Argentina, to learn this. The results came back, people have to pay tax interest on bank deposits, stocks also pay taxes. Thus, it seems that the tax increase, bank deposits and money to invest, but the state-owned economy a lot of force in there, the lack of space for the private economy, and this space is called state-owned economy to the pressing. we make money, not private investment, we are watching. In this case, the Government out raise the money stock. Argentine Government to use a variety of policy stimulus, raising the stock market. on the front for two years, the mainland stock up to 2400 points, up very high, resulting in a large number of transactions, the Government make transaction tax to maintain the Government.
To maintain the credibility of the monetary system and financial system stability, the Government must be strict financial constraints. opportunists in the government (state opportunism) and the interventionist hit countries, the fiscal deficit is always the biggest threat to monetary stability, because the inflation tax levied to cover the budget deficit is the government's practices. Argentina's history, in particular, shows this. not difficult to understand, if not control government spending, the deficit continued to grow, it is hard to believe the Government is determined to maintain the currency board system in good faith. If regular project with little or no surplus earnings, only the surplus through the capital project to provide reserves. To do this, of course, to ensure monetary stability and the stability of the financial system to prevent capital flight, but the key is to attract increasing foreign investment inflows. This urge the Government to the scale of total external debt and GDP, government revenue to maintain an appropriate ratio between to ensure the solvency of their own, after all, the solvency of the government from the international market, a prerequisite for continued funding.
Obviously, wise one hand, the Government should promote the liberalization reforms, improving the institutional framework supporting the economic development to stimulate domestic economic vitality, enhance the supply side from the total efficiency of the economy and strength, to increase revenue; the other hand try to reduce unnecessary government spending in order to avoid occurrence of fiscal deficits and growth. deficit growth is dangerous. in particular, to recognize that, with the expansion of fiscal spending to stimulate aggregate demand is unlikely to achieve long-term stable economic growth.
But in fact, A Government is indeed a root Court irresponsible government, bureaucratic and totalitarian as the main features of the regime, implemented by the government irresponsible irresponsible fiscal policy, on the one hand (mainly the high-tax) to destroy the foundation of economic growth, on the other hand led to the surge in the size of fiscal deficits and debt, and ultimately making the government unable to pay the debt, damage the currency board system and the stability of the financial system.
authority of the former IMF economist, Musa (Michael Mussa) has such a classic comment: irresponsible fiscal policy. For Argentina, this is an old sad story. In order to meet a wide range of political needs and pressures, Argentina (all levels) to form a government spending far more than tax revenues lasting trend. as long as borrow money to support the excessive spending, whether domestic or foreign, where it also credit it where the borrower. When further borrowing is no longer feasible or possible to resort to inflation and (or) public debt suspension and denial of the creditors. This is the reign of President Alfonsin happened, and in the super-inflation in 1990 reached its apex. the details slightly different but essentially identical, and this is after 50 years (resulting in a financial crisis in early times) the ongoing story. can be said that the management of financial matters, the Argentine government, like a chronic alcoholic who, once He no longer difficult to self-control, until the economic consequences caused by the equivalent of drunk. (unfortunately) in the past 10 years, this story happened again, and in scale than the previous highest
5) the characteristics of the four Latin American economies: inflation
the end, the economy or not. just like now, like China, the stock market also fell, the economy or the lack of domestic demand, how do? Government has a trick is inflation. inflation, the most simple, the government printing more money, a print money, no debt, and money has depreciated. did you have 100 million bank, one year after the devaluation of 20%, about 80 million left, In another year, another 20% devaluation, and the remaining 60 million less. banished for a few years, government debt is gone, you last generation hard-earned retirement money to only 30 million. Argentina's it. it currency expansion to what extent?
from 1967 to 1990, the Argentine government has implemented successive 8 economic stability in an attempt to strengthen the fiscal and monetary restraint, but were unsuccessful. This history clearly demonstrates the Government's predatory opportunism and how strongly motivated by an irresponsible government controlled the monetary and fiscal policy is what the danger. by expanding the money supply, the government without going through Congress (public) official recognition, can obtain large pen receipts make up the deficit; by hyperinflation, the government can easily write off the national debt.
from 1985 to 1990, Afghanistan accounted for seigniorage revenue total government revenue of about 54%, which in 1987 This indicator is as high as 86%. In 1987, this indicator is as high as 86%. It is in such crisis situations, in order to stabilize the currency and restore economic growth, the leadership of President Menem's government in April 1, 1991 implementation of the main purpose of initiatives to ensure that the money supply from its own political manipulation of the process, eliminate the possibility of government-created inflation, borrowing dollars in liquidity to support the currency's purchasing power and public trust, in essence, borrowed from the U.S. dollar or the Fed credibility.
from April 1991 to December 1998 before the devaluation of the Brazilian currency, the median inflation rate fell to 1 from 4-digit, 7.4% in 1993, dropped to 3.9% in 1994. monetary stability has improved the investment environment, foreign investment inflows, while the Argentine government to gradually lift its trade, investment and control of capital flows, the economy began a strong growth. From 1990 to 1993, cumulative real GDP growth of 28%. After the end of the initial recovery process, from 1993 to 1998 in the, GDP average annual growth rate remains as high as 4.4% Moreover, due to the impact of the Mexican currency crisis, real GDP in 1995 compared with 1994 levels, down 2.8%! the same period, the inflation rate remained at a lower level, which in 1996 CPI inflation rate was just over the previous year 0,1998 an increase of 0.9%. No doubt, a lot of dollar outflows from the banking system deposits, capital flight seriously, the corresponding shrinkage of the base currency. On the other hand, supply and the means to cope with the liquidity crisis, eliminating the need for devaluation is clearly conducive to supporting people's confidence.
experienced a short sharp recession after the end of 1995 Argentina's rapid economic growth resumed and continued the end of 1998. it is these brilliant results achieved in Argentina and glory. the same period, Argentina's export sector even better performance.
between 1991 and 1993, real average annual growth of 1.8% of total exports, GDP contribute little to the rapid growth. However, in 1994 and 1997, average annual growth rate of total exports 14.4%, higher than the other seven major Latin American countries overall performance of 11.1%, significantly stimulated the growth of the domestic economy. visible In the December 1998 devaluation of the Brazilian currency before did not exist (due to dollar peg caused) peso overvalued affecting export competitiveness.
retained some features of the Central Bank. This flexibility in face of asymmetric external shocks have played a positive role in buffering stress, although it will weaken the currency board system of trust. However, the central bank and commercial banking system contains large amounts of reserve assets in the national government bonds (mainly dollar-denominated debt), a serious danger is that once the government unable to pay the debt, the financial crisis inevitable, social and political crisis is the root cause of this. If the low-cost market to borrow money to meet their extravagant desires tool. However, this is not a market reform, supporting efforts to improve the institutional basis of economic development
Now the Chinese Government as well. Two years ago, is meeting in Texas, I told them, revaluation of the renminbi is not the opportunity to appreciate how much bad debt? them know that I can appreciate. I told them, you devaluation of 20% a year, people eat bitter, but there is one condition, you see the Russian reforms, such a big change, it is a social security system and health insurance the same, the people humble, but hungry, but they did not enjoy the right. Zhu Rongji took office, he did not cut the social security system, and how much money he saved? save two trillion a year. to cut health insurance also, about forty provinces billion. A total amount of money the city that year, six trillion cut costs, he felt that development of the economy. but people do not spend money when they retire, there is no money to see a doctor, social unrest came out, this is a big problem. Argentina's currency expansion, there are still social security system, inflation can not stand, and China now have inflation, but no social security system.
6) additional revenue the government privatization, abolition of social security and medical insurance, bad debts worse
so much, inflation is inevitable way to go. But I suggest that they want to solve social security. So the stock market took the liberty of state-owned shares of trouble, I say you are 7000 million people or 1.3 billion people an important matter? might as well put the more than ten trillion yuan pension fund money to do calculations. you get some money each year to the people of pensions, benefits the people, give them medical treatment have landed. inflation, the people is more difficult to eat, eat a pound before meat, and now eat one or two, at least to maintain, difficult to stage the degree of the past. Otherwise, the Chinese government's bad day to be exposed, should the people to bear, the rich run the U.S., Canada to go, no money people how to do it? people money pit you finish, do you still have to pit the second time it? this case, the Chinese government did have to do a preparatory work, is to ensure a minimum life of ordinary people.
However, the Chinese government does not do it to learn in Argentina, studying it to inflation. just released two days ago, the mainland this year to March by 3.9% inflation rate, I really do not believe it. last Dec. 71 they announced price hikes of raw materials %, 71% of how I would like to become a 3.9%? really too poor. They were speaking is 3.9%, and you do have to believe, this is our statistics. just like my last talk in Minnesota, Shandong Province, say, our GDP is to retain the information, did not dare to say more. Anyway, they are always justified, thick skinned, that they lie, they do not recognize, saying it was a deviation of the data. Communist unity everything is information, they are not unified. this is the case The.
look through the privatization of Argentina is how to increase government revenue, in April 1991 President Menem to the Parliament for approval, launched a bold currency board system. Although the IMF began to doubt this is , but still gives support. Unfortunately, Menem was hard to resist the political pressure, the system has become a tool for government low-cost loans.
implicit guarantee from the IMF, the U.S. dollar because the peso borrowing reputation, began the influx of international capital, mainly the U.S. dollar to buy Argentine government bonds. peso replaced by the central bank, the government is spending this wealth, how? This little part of the flow of foreign corporate finance market, there is not much to form the expenditure of government services (such as justice, public safety, education, infrastructure, etc.). Despite the support of many public works projects, but most of the money was turned into the salaries of public sector employees and social security expenditure.
compared to the private sector, public sector employment (traditionally high) to increase faster, higher wage rate, no doubt about productivity also lower. This is an Argentine feast, as long as his employment in the public sector or through other ways and the privilege system maintained close contact. foreign government once assigned to the hands of the beneficiaries, the majority being used to buy on a good imported goods, to travel abroad and investments in foreign hard currency assets. In this way, the Government, through the majority of foreign capital coming in and out through the flow of private channels. But another stream entered a new round of foreign investment and the government revenue derived from privatization as a supplement to maintain the domestic currency supply and demand and balance international payments. However, with continued and repeated the process, external debt continued to grow, the growth rate of government expenditure is far higher than the rate of economic growth. Menem president from the early 90s to take a number of useful reform measures, including reform and liberalization structural adjustment, most importantly, in April 1991 implementation of the