Friday, October 10, 2014

Hong Kong - Cronyland



At the risk of adding yet more blah-blah-blah to the global debate about Hong Kong's Umbrella Movement, the table above speaks volumes. Therefore, little else needs to be said. The table from The Economist was initially posted on this website in March of this year (for full report, read Asia One Percent: Crony Nations). Some of the consequences of this level of economic disparity are now on full display in Hong Kong. Repression of economic, political and social opportunities in an advanced, educated society simply leads to baaaaad things.

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