主题：茗谈147：智慧的七根柱石 -- 本嘉明

is nowhere close to 6.5%. It is no longer 2003-2008.

European firms have cut back their investments in recent years. American firms did the same thing in China too.

Further fight against foreign reserve exit will make it even more difficult to transfer investment return back home. 中国的投资环境 已经恶化了许多， 如果去除掉FIRE 行业的泡沫性增长，我都怀疑早已是负增长。

转型成内需型经济-- 这需要解决财富分配-切蛋糕的问题， 本质是政治问题。经济高增长时，条件好时都没解决，现在解决 possibility = zero。