Asia and their Culture (11/3/07)
Here's a new reason to be wary of investing in Asia...
The preference of Asian families to have male children will eventually lead to the downfall of the economy. That's what the United Nations is arguing. Many Asians see male offspring as a type of insurance policy that will help support them in old age. In China, 120 boys were born for every 100 girls in 2005. Men are on pace to outnumber women by 23 million in India and 26 million in China by 2030.
The UN fears better technology will only increase sex selection, and leave millions of sexually repressed men with no outlet. The UN believes the societal imbalance will lead to human trafficking and prostitution, which is already on the rise. This will lead to the Mafia infiltrating the Chineese and Indian power structure. When that becomes too corrupt yoou will end up in anarchy. This is a very long time frame but inevitable.
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