Asia Pacific Stocks

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Funny way of assigning blame.
No marching order to force Chinese to get a tertiary education.
Is free will.
Early success of those who earned tertiary education have spurred over-optimism in the later generation.

Btw, I didn’t do any DD but casually noted globally, more and more people try to get tertiary education thinking they will have better life with a degree*. I recall when I was in Singapore, Singaporeans often said there are too many jobless graduates. I believe in current society, there are too many people going for a degree*.

Note*, there is even a college thread in this forum, All about College!

If I have to assign blame to current societal behavior, I would blame the social media. Social media over-dramatizes successes, failures and opinions… very toxic… hope we learn how to manage…