Transcript

Guardians of the Republic: China's Multu Generational Thinking · Palafox Media Network

Greg Fink: All of our corporations are reporting. We gotta have good reports every quarter, good earnings, good balance sheet, good this, good that. It's a 90 day cycle that we're always on. And God help you, if you got a bad quarter, your stock's gonna drop, you're probably gonna lose, if you're the CEO, you're gonna lose your job. But that's just how we think. China is thinking multi-generational. They're thinking 100 years. We're thinking 90 days. China's thinking 100 years. This is just their culture. And is one aspect and it's probably the one aspect in China that I do admire of them because they are able to look past short-term pain because they're not thinking about what's going to happen for them today. They're thinking about what's going to happen for their grandchildren's grandchildren. Just think if America was like that. Just think if our politicians and our business leaders were more concerned about our grandchildren's grandchildren than they were this next 90-day earnings release, how different our country would be.