This is a great study on the data behind the minimum wage. As we know, the President’s statement of people living on $15,000 a year if applied the minimum wage...
There is a shift in the economic wind from Real Estate into Technology in China, and that is a good thing. This reflects the overall world economic trends and balance, eliminating the suggestion that China was experiencing an economic bubble. Currently in China, 5 of the top 10 wealthiest individuals/groups are in Technology and only two in real estate. This is a major shift form the past several years, especially when reviewing the IPO releases from 2013 accounting for $91 million and 2014 accounting for $29.2 billion (Alibaba contributed $25 billion of that total). Thus, a 32,000% increase.
Hey Jack, can you spare a dime?
Gary Kapanowski – Lean Six Sigma Master Black Belt – Excelsior
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