Covid-19: Indians and Chinese are pragmatic

Choosing between livelihoods and lives, they choose livelihoods.

“Give me money before life”. Chinese and Indians seem to say. So do the Germans, Italians and Russians.

Many other Europeans, the British, Americans, Australians, Japanese, and South Americans prefer life .

Why the difference in trade-off choices?

Because Chinese, Indians, Germans, Italians and Russians know the importance of the economy and business in ensuring that they can live?

The Americans, Australians, Japanese and many Europeans because of their welfare nets don’t make the connection between the economy and business and their lives.

But why do the Germans and Italians think the way they do? Their countries have good welfare systems.

Don’t know how South Americans think. There are no good social nets for the poor. Maybe the survey was conducted among the well-off?

 

Cynical Investor

Cynical Investor blogs at Thoughts of a Cynical Investor
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2 Responses to “Covid-19: Indians and Chinese are pragmatic”

  • Hard choice:

    Hard choice.
    Need to survive…
    Easier if the social support is there…or many will suffer economically.
    Look like many Singaporean will suffer if the lock down continue,especially the bottom 30%…

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  • Dr Goh KS:

    The TIME-TESTED WISDOM OF ASIAN PHILOSOPHY SHOWS IT IS FAR SUPERIOR THAN PRIDEFUL WESTERN THINKING N CONDUCT IS BEING DISPLAYED CLEARLY TO ALL across civilisations.

    70 pct sgs,still think ang moh tua kee?
    If you,YOU ARE TUA GONG(DAFT)!

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