2005-08-24

A picture is a thousand words, and about gradualism


Bingfeng showed the original quote of gradualism in Deng's words, in this picture. He lamented there are too many stones in the river now. However, as we saw in the picture, the shore is prominently visible, with a lot of trees.

Therefore, with good vision and the feel for direction, it is not that difficult about which stone to feel next. For Bingfeng's concerns,
  • Oil price? This is a small river. Let it float, you can't be wrong.
  • Exchange rate? This one we are not sure if we can see the shore, it is so foggy here. Fortunately, we switched to a basket now. There are only two directions to go, and you are not going back. The question is, how fast to charge forward, which takes good reading of the flow speed. 2% each time, wait 6 months (look around) to feel the impact (flow) and decide how fast to go
  • Healthcare safe net? You got trapped in a big pile of stones in the middle of the river, you have to move your stones to create your path. But the shore is visible. The Singapore model works in the cities, sort of, well, at least better than the past. But the poor migrants and rural residents are not covered. The root of the problem lying in lifting the poor people from poverty. Without that, it will still be socialism.

Of course, this is easy said than done. But a carefully thought through strategy should point to the right direction. Feeling the stones just help to reassure you don't get drowned, in case the strategy is not really thought through. But there is plenty of small creeks and medium size rivers before we see the big ocean. The Americans are way ahead, let them face the ocean.

To form a strategy you need good vision, to make use of your good vision you need first to see the big picture. :-)

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