Bloomberg.com today, Jan 16, 2007, "Cardboard Queen Zhang Recycles to Top China Rich List" said she now worth $4.7 billion - world richest self-made woman.
How to convert "trash" to "gold". Capitalism at work!
posted on 01/16/2007 9:41:31 AM PST
...Zhang is the exception to the rule, turning $US4000 ($5000) of savings into a $3.4 billion fortune...
...She arrived in Hong Kong in the mid-1980s with 30,000 yuan ($5000) to work for a trading company .... After a year she'd accumulated $HK500,000 ($84,000) in salary ...
So, she didn't turn $5K into billions. She turned $84K into billions.
posted on 01/16/2007 9:49:55 AM PST
(If daydreaming were an Olympic sport I'd be a gold medalist.)
Who says China doesn't buy our exports?
posted on 01/16/2007 9:54:56 AM PST
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
posted on 01/16/2007 10:03:31 AM PST
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