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Past China Performance Is No Guarantee Of Future Performance. The Tao Te Ching Says So.

Posted by Dan on May 1, 2007 at 11:53 PM

Excellent post over at the perpetually excellent Useless Tree blog.  The post is called "China in Three Pictures," and it is on how three (well two anyway) iconic Chinese pictures were (or might be) used to discern China's future and how wrong such discerning turned out to be. 

Conclusion of the post is one I very much like and that is how difficult (and ultimately pointless?) it is to predict the future.  

Comments

Hey, it made the seer to Nina Wang in HK a billionaire!!!!

The Tao De Jing also holds that water is most powerful because it flows around objects in its way, and also has the power to push and to consume objects. Progress in China is similar, and although not predictable in terms of how institutions may change, it is nonetheless inexorable.

nh --

Of course you do.

Even a broken clock is right twice a day (or, if digital, once a day).

Todd --

Or, to quote from the TV show, Kung Fu: "Look to the water at your feet. Does not the sage say: 'What is more yielding than water? Yet, back it comes again, wearing down the ridged strength, which cannot stand to its strength. What is more forceful than quite water?'"

You got that right, Grasshopper.

Todd Platek --

You got it wrong. You Grasshopper, me Master Po.

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