It was just reported (this evening) that 60,000 Chinese businesses have been forced to close. For perspective, there are fewer restaurants in New York City than this (the estimate is 40,000), and they surely employ fewer workers.
What the hell do you think is going to happen now? I don't know but I would love to hear about it.
John@arrowpointventures.com
Thursday, January 22, 2009
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