Blogs

1. Timothy Geitners insite into the American economy seemed a tad bit too optomistic for my take. For example, when he was describing the possible and projected percentage increase of the each countries economy, he noted how the untapped markets of the asian and south american countries would see a hefty increase of about 5%, while the "old, warn out" economies, like those in europe in japan, would see a slower economic growth, sporting about an increase of 2%. He then went on to say how the United States would see an increased economic growth of about 3%, because he believes that we still have an untapped potential that has still not been utilized and that is what separated us between being an old, worn out economy like those sported by europe and japan. Frankly, I do not see the difference between our economy and europes economy, except for the fact that their dynasty of economic power and control came before ours and ended before ours as well. However, with that being said, I still do not believe that we are any different than those found in the european countries.

2. Yang Lan was correct when she was talking about the amount of entrepenural spirit in the air in China's economy. After mentioning how she tried, but to no prevail, start her own television series in Hong Kong, with the main theme revolving around documentarys, she stated how their is a huge amount of entrepenural air over Chian, of people who are willing to take the risk to achieve everything that they could ever dream of. As previously stated by a former guest, Secretary of Treasury Geitner, the Chinese economy is expected go have a 5% economic growth, which is a huge growth index. This means that the possible entrepenural air taht Ms Lan had previously discussed is in fact possible and is the reality in a society where everyone is trying to create the dream of rags to riches for themselves.