TIP 075 : The Davos World Economic Forum and The One Thing by Gary Keller (Business Podcast)
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Sticks: China is really going through a transformation and I found this really, really fascinating. He says the wealth has truly never been more focused on with a few select people at this high of a level since kind of the 1930 timeframe or the late 1920s. If you don't have that wealth distributed equally across all the participants, it's very hard to have sound spending habits in the U.S., he says. Sticks: The Chinese are looking less at the States and looking less in Europe. They're actually looking more domestically right now because they have this growing middle class that have more money.
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