A Quote by Zhang Xin
Investors don't like uncertainty. The market is telling us that they need certainty, they need to see where the economy is heading. If the government is committed to continue the Open Door policy, they will need to come up with concrete policies and execution steps to increase confidence.
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We're baseball players. We don't need guys telling us, 'Hey, you need to hurry. Hey, you need to do this. Hey, you need to step up.' We are professionals, we can do that without anybody telling us. I'm OK with it, but we need to do it on our own.
If we get total certainty, we get … bored out of our minds. So, God, in Her infinite wisdom, gave us a second human need, which is uncertainty. We need variety. We need surprise.
By 1938, Eleanor Roosevelt was so angry at FDR's policies, she writes a book called This Troubled World. And it is actually a point-by-point rebuttal of her husband's foreign policy. We need collective security. We need a World Court. We need something like the League of Nations. We need to work together to fight fascism. We need embargoes against aggressor nations, and we need to name aggressor nations. All of which is a direct contradiction of FDR's policies.
We do need the federal government to share information with us. We need local governments to increase supply. We need affordable places for people to live.
The mere telling of how a need was met is often like telling of a need, which is asking crookedly instead of straight out. But this much I will say--with every fresh need has come a fresh supply.
As a businessman, you need economic certainty. On the tax policies. You need it on your regulatory policies.
I cite a good example, say, of agriculture, .. In agriculture we need to move with speed to bring to full utilization the land that is now in our possession. We need to curb aspects of corruption that are endemic in the economy. We need to be transparent in everything that we do. We need to be consistent in implementing the policies we would have agreed. And not implement policies one day and reverse them the other day.
You do not need the government to protect open internet; the marketplace was doing it and will continue to do it. All you are doing is adding a burden that does not need to be there.
Globalization can be very unjust and unfair and unequal, but these are matters under our control. It?s not that we don?t need the market economy. We need it. But the market economy should not have priority or dominance over other institutions.
...I came to realize that God never shows us something we aren't ready to understand. Instead, He lets us see what we need to see, when we need to see it. He'll wait until our eyes and hearts are open to Him, and then when we're ready. He will plant our feet on the path that's best for us. . . but it's up to us to do the walking.
I strongly believe that at this point in America's history, we need a president that will not just continue, even with a new face and with some changes and with some maverick aspects, who will not just continue, basically, the policies we have been following in recent years. I think we need a transformational figure. I think we need a president who is a generational change.
I look forward to the day when China has a truly market-determined solution... To get there, you need to have a currency that is market-determined, an open capital market, and you are going to need a competitive, open financial system.
I think that the world that was behind us has gone ahead. We need to run a lot to match that level. So we do not need to calculate. We just need to give it all in. And I have given myself in completely. I've been successful is pulling my entire government in. I believe that India is also committed to moving forward.
People have a need for certainty - and that need for certainty is in every human being, certainty that you can avoid pain, certainty that you can at least be comfortable. It's a survival instinct.
I'm not against government involvement in times of need. I am for recognizing that big public companies will continue to cut jobs in an effort to prop up stock prices, which in turn stimulates the need for more government involvement.
To a certain extent I don't see any real need for socialism in the United States immediately, but things change and it may be that there will come a need for partial changes in our economy.
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