Wednesday, November 04, 2009
Mickey Has Come, A New Theme Park Has Come
There's money in China. Aren't they funding the U.S.'s enormous debt?
The Mouse is expanding, according to reports. As soon as agreement can be reached, the Walt Disney Company will break ground on a new theme park in Shanghai.
Lots of money to found in Shanghai, and with China's one child policy, there's an army of spoiled brats to be catered to. All in all, it's the perfect combination for success.
Granted, the Hong Kong site hasn't done as well as expected, but Hong Kong was a British colony for so long that they aren't quite so starved for Western style decadence. For those who suffered through the Cultural Revolution, a day with Mickey and Minnie and Goofy and Donald Duck has a definite appeal.
Soon, Mickey Mouse will lead the daily parade down Main Street, waving Mao's little red book and singing of the glories of communist rule.
And if the Disney Company doesn't like what they're told to do by an oppressive regime, they can take their mouse elsewhere.
Not exactly the free-est of free enterprise in China. But a savvy investor will hold his nose with one hand and rake in cash with the other. It's all about making money, and even bank robbers know that you have to go where the money is.