mollytjm

Chinese Youth Will Propel Economic and Political Changes

i appreciate this article, which gives another focus and one that is needed.
we should know from our own younger generation that youth will not hold back on spending, nor will people use to technology give it up. this is especially good new for Apple who's innovative technology has always appealed to early adaptors and youth. Of the 3 things mentioned, a house, a car and a phone...the phone is within reach for more people everywhere than the other two and in a bad ecomony, i think Apple especially will continue to grow.
It's true that some Chinese youths are spending their parents' savings...not too different from ours!! Since i'm an APPL stock holder, I hope they choose an iPhone.
as to the Rosy Scenario...i don't think doomsday thinking helps anyone. We need to be realistic, but getting everyone into despair is only going to lead to more depression...people feeling so frozen with fear that they can't even search harder for jobs is not the answer.
We need reasonable financial attitudes but not frozen ideas.