Lang shelling stock market will destroy the people of the social security fund wealth

 Second (2005) Board of Directors of Listed Companies in China Gold Award Ceremony at the round table Jan. 9, 2006 at the Shanghai International Conference Centre, Cheung Kong Graduate School of the Chinese University of Hong Kong at the meeting, Professor Lang mmm social security fund stock market shelling to destroy the people of wealth!
market will destroy the people of tomorrow,UGG bailey button, Social Security wealth
Lang said that there is a policy in order to save the stock market is the social security funds into the market, I also made a statement in the media several times, that is, China's stock market today to destroy the wealth of the people today, while social security funds into the market will destroy the wealth of the people tomorrow. social security fund to the stock market do?
the United States can not
Why do you say in China, of course, the United States is not it? the American people than to their own pension or insurance funds the insurance companies to invest in stocks through it? Why can not I do that? I can tell you that the Americans can do, we Chinese people can not do that. You know why? Because you see is poor superficial appearances, and use your imagination to think, you have done is to destroy the wealth of the people tomorrow.
undermining the interests of the U.S. government will come out very simple reason, why United States can,UGG boots cheap, but not in China? as the U.S. stock market, the United States Government, through the draconian regulation, but also to the interests of small investors as the only prerequisite for regulation, so that the Government has manipulated the behavior of markets, each of the United States people know that, once the investment in the stock (Related: Money Finance) market, if the rights are being infringed, the American government will stand up mercilessly,UGG shoes, or for him to come forward to punish companies, institutional investors or punish criminal.
draconian hot money flowing into stocks steadily high
because we have such confidence in the government, every American college graduates after graduation, each month a portion of the money in the fund management companies to invest in U.S. stock market, investment three five years old when they retire can be the end, retirement has been raised. That is because the Government's credit through the interests of shareholders for the sole purpose of the draconian laws established government credit, making U.S. investors continue to money to invest in the stock market, due to the growing number of Americans, the money flows into the U.S. stock market is also increasing. Of course, the result is that stock prices continue to rise is, in many domestic absurd theory that the stock market is risky, this is nonsense eight words.
U.S. stock market return of 8% plus annual bank interest rate risk of the stock market in the United States not only short-term long-term risks, because under the long-term stock market must reflect the country's economic strength, from 1930 to 1980 for 50 years,Discount UGG boots, the U.S. stock market to 8.3 per year % return rate of growth in bank interest rates. from 1940 to 1990, 50 years, the U.S. stock market rate of return to 7.6% growth in bank interest rates, you see that compound interest growth, put some money into each month , will reach a perfect state, this perfection has never appeared in China, but appeared in the West.