Thanks to the Providence Journal for a great article highlighting a steady exodus of Chinese entrepreneurs fleeing an increasingly dirty homeland.
We've been reporting on this now for awhile. Here is a great example, a painful lesson, in witnessing the potential demise of a country's economy, and the loss of great wealth, after seeing that country sacrifice a liveable, breathable environment for unbridled financial growth.
That same tipping point, which is hard to get back once you destroy natural resources, is unsettling many other countries. Countries that need to learn from China's disaster. The world, our planet, can ill afford more China's.
In the meantime, as this article points out, those countries who have imposed environmental standards, who have tried to balance jobs with a long-term quality of life for its citizens, will clearly benefit as they welcome wealthy immigrants to their shores. Immigrants who come not just with money, but education, job skills, entrepreneurial success and, most likely, families ready to spend money on education and training. They will also spend plenty of money on real estate, cultural integration and consumer goods. All positive shots/stimulus for the economy.
We'll follow up soon with a show on this: