An observation was recently shared by a WePrepare.Us member! - The butterfly and the larvae...
The Butterfly and the larvae
An observation was recently shared by a WePrepare.Us member!
....The Chinese economy doesn't have strong domestic consumer spending, as compared to the USA, in which consumer spending is the backbone of our country. Internet research gives the following reasons...
Cultural Factors
- High savings rate:Chinese households traditionally save a large portion of their income. This is driven by:
Confucian values of prudence and self-reliance.
- A cultural emphasis on saving for emergencies, retirement, and children’s education.
- Lack of a strong welfare state (unlike the U.S. criteria of aid to families based upon dependent children), which makes personal savings a substitute for reliance on social security.
- Home ownership and property investment: While individuals can own the buildings on land, the land itself is generally owned by the state or, in rural areas, by collectives.
- Owning property is highly valued culturally, leading many Chinese to channel money into real estate rather than consumer spending. Home ownership in China is 90% (Wow!- Who knew!)
Thank you for sharing, member!
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Chinese Culture goes back 5000 - 7000 years. English Culture goes back to 927 A.D., Eurocentric colonization in America goes back a mere 406 years (since 1619), and as the United States original 13 colonies, only 249 years! (1776 - 2025).
Every culture has something each can learn from the other, in the interest of our common humanity. Don't you agree?
In just 249 years, the United States achieved economic preeminence to become among the richest countries in the world, albeit achieved through the belief in "Manifest Destiny" and 246 years (1619 - 1863) of free enslaved labor. A nation of paradoxes.
From 1776 to 1863, abundant wealth & profit, derived at the expense of the physical freedom of one culture, empowered the U.S. to boast of rapid expansion, industrial and technological advancement well into the present. However, the ill-gotten gain of that wealth, has now reached a point of reckoning in 2025.
An inconvenient truth: On the scale of cultural maturity, if I were to compare a 7,000 year old culture to our 249 year old culture, it would be analogous to a fully mature Butterfly and a larvae. Will America make it to 300 years, let alone 3000, considering our current pathology of over-consumption, profiteering capitalism, lingering racism, and ungovernable leaders?
I believe in the longevity of United States of America...if we TRANSFORM. If we experience a socio-economic and existential metamorphosis.
We would do well to emulate some of those Chinese cultural habits that have contributed to their multi-millennial history of stability. I'm not a fan of communism in China, and the U.S. system of profiteering capitalism and bully pathology is unsustainable.
Observe what cultural behaviors have preserved legacy and stability for other countries that have preceded ours by 1000's of years. Emulate the good.
A cultural emphasis on saving for emergencies, retirement, our children’s education, and legacy. That's preparedness. That's where we begin, at WePrepare.Us! - Pam
Think about learning Mandarin.👍
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