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Economic Indicators & Forecasting Topics
The Cost of Losing the American Dream: A view from China
  • Publication Date:
    October 2013

Writing from China, E.J. Heresniak suggests that recent U.S. scandals concerning spying and privacy will have a detrimental effect on would-be entrepreneurs in other countries who have long looked to the United States as a haven of freedom. Americans' "assumption of safety and privacy and freedom is key to why the United States has for so long been a prime destination for ambitious citizens of China and other countries," Heresniak writes. "But that perception is in real jeopardy, and no one knows the potential consequences."

 

 

I don't know whether America will stay an accepting and assimilating country, in either perception or reality. If we lose that, we'll lose a lot. - See more at: http://tcbreview.com/fall-2013/the-cost-of-losing-the-american-dream.html#sthash.SqgRaImO.dpuf
This assumption of safety and privacy and freedom is key to why the United States has for so long been a prime destination for ambitious citizens of China and other countries. But that perception is in real jeopardy, and no one knows the potential consequences. - See more at: http://tcbreview.com/fall-2013/the-cost-of-losing-the-american-dream.html#sthash.SqgRaImO.dpuf

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