News:

And we're back!

Main Menu

8 Years Ago Yesterday

Started by Martinus, September 16, 2016, 01:27:18 PM

Previous topic - Next topic

The Brain

Women want me. Men want to be with me.

Monoriu

#16
Both "this shit" and "we" need to be defined. 

As far as "we" is concerned, "Hong Kong" got out of the financial crisis a long time ago.  GDP numbers more than recovered.  The problem is the benefits do not trickle down to the majority of the population.  A study found that nominal GDP increased by 50% from 2006 to 2015.  Inflation increased by some 20-30%.  Nominal wages?  1%.  The nominal starting salary of a university graduate is the same as it was 20 years ago, but prices have increased a lot.  It is an endless downward spiral for the next generation.