Pierce is a proud Irishman who’s been in his adopted home of China for a total of 9 years. A conversation with Pierce is always educational, fun and absolutely memorable! With 5 years as a data analyst at LinkedIn and years of traveling and living in the US, Thailand and Turkey, he brings a wealth of knowledge and life experience to the table.
Among his many talents, he’s a professional-level pool player, a successful private investor, has super-human knowledge of history and geography and is one of the best and most passionate arguers you’ll ever meet.
Pierce’s most famous clubs are in depth looks at finance, investing and understanding markets. Nobody does these clubs like Pierce!
Pierce是一个自豪的爱尔兰人,他来中国生活已经足足有9年了,并极其热爱这里。与Pierce的对话总是充满教育意义,有趣且难忘!他曾在LinkedIn做了5年数据分析师,在美国、泰国和土耳其旅行和生活。
Have you heard of the middle-income trap? It's ...
Have you heard of the middle-income trap? It's a relatively new economic phenomenon that is especially significant in developing East Asian countries. It's when a country with certain advantages attains a certain income and then gets stuck with a stagnating GDP and an inability to compete with developed countries in areas like exports. Sound familiar?_x000D_
_x000D_
What factors lead developing countries into this situation? How can one avoid the middle-income trap (MIT)? Are there any successful examples? Ireland has dealt with it. South Korea has been dealing with it since the 80s. What can we learn from them? Is China on the way to a similar problem?_x000D_
_x000D_
Let's take a deep and objective look at this seemingly inevitable economic situation and talk about how to deal with it and maybe even profit from it. How can you, as an educated investor, plan your next move? Let's learn from the past, study the present and speculate about the future!_x000D_
_x000D_
你听说过中等收入陷阱吗?这是一个相对较新的经济现象,在东亚发展中国家尤为重要,指一个具有优势的国家获得一定的收入,然后陷入GDP停滞不前,无法在出口等领域与发达国家竞争。是否听起来有点耳熟?_x000D_
_x000D_
是什么因素导致发展中国家陷入这种境地?如何避免中等收入陷阱(MIT)?有成功的例子吗?爱尔兰已经解决了这个问题,韩国自 80 年代以来一直在努力解决它。我们能从他们身上学到什么?中国是否正在面临类似问题?_x000D_
_x000D_
让我们深入客观地看待这种看似不可避免的经济形势,并谈谈应对之法,甚至尝试从中获利。专业的投资者该如何计划下一步行动?让我们学习过去,研究现在,推测未来!