This is the next great challenge for Beijing, and when the regulators finally do start to repair overextended balance sheet, with a much higher debt - to - GDP ratio than any other country at China's
stage of economic development, according to a
presentation Monday night by my very smart former student, Chen Long, I expect annual GDP growth rates will
continue dropping steadily, by 1 - 2 percentage points a year through the rest of this decade (and there has been increasing talk in the past month or two that GDP growth rates are already 1 - 2 points below the printed rates).
Continuing the DC
presentation, writer - director David Ayer took the
stage to talk about «Suicide Squad,» telling the audience, «You really need to prepare for an event.»
The crazy trip
continued yesterday: I headed to high school
presentation day in my lunch break to proudly watch as the eldest walked on
stage to be presented with the certificate for coming first in Visual Arts.