Comments by "Ray Lopez" (@raylopez99) on "De-industrialization was Hong Kong’s Biggest Mistake" video.

  1. It's been said by economist and data scientist Vaclav Smil that manufacturing is the base for everything else. Another study has found that above a certain finance to GDP ratio (and the USA is well above this, as is Hong Kong), finance actually hurts the economy. "Liquidity" that disappears during stressful times, which is modern finance, is parasitic and does more harm than help. At one point 33% to 50% of Princeton engineers ended up working on Wall Street.
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  2.  @adeafningsilence  Nice 'insider' opinion, thanks. A quick review of the internet proves that Princeton and Brown indeed have no business schools.
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  3.  @AmanKumarPadhy  I've never been to Finland or NZ, or the moon, but I think they exist outside my mind. The Rev Berkeley (the CA uni is named after him) might agree.
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