Tuesday, December 27, 2011

Who saves who?

A Chinese company will buy EDP (the electricity company) - at least 20% of it.  They won the tender.  Portugal is going to sell a number of public companies in the near future.

This is funny. I got it from the blog "Cachimbo de Magritte" (Hat tip!):

  • In 1949 - a majority of intellectuals believed that communism would save China
  • In 1969 - the same intellectuals believed that China (with its cultural revolution) would save communism
  • In 1979 - Deng Xiao Ping understood that only capitalism could save China.
  • In 2009 - the whole world believed that only China could save capitalism
  • In 2011 – Portugal understood that only Chinese capitalism could save it

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