On his sixteenth birthday the boy gets a horse as a present. All of the people in the village say, “Oh, how wonderful!”

The Zen master says, “We’ll see.”

One day, the boy is riding and gets thrown off the horse and hurts his leg. He’s no longer able to walk, so all of the villagers say, “How terrible!”

The Zen master says, “We’ll see.”

Some time passes and the village goes to war. All of the other young men get sent off to fight, but this boy can’t fight because his leg is messed up. All of the villagers say, “How wonderful!”

The Zen master says, “We’ll see.”


2/9/2017: Fortune Magazine–China Will Overtake the U.S. as World’s Largest Economy Before 2030

Chinese banks are deleveraging and Chinese equities underperformed in 2018, posting losses of more than 24% in both Shanghai and Shenzhen, due to the trade war between Beijing and the White House and a general  slowdown in China’s economy following decades of strong growth.

“We’ll see.”