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Featured Advisor



Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management

City:Northbrook

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

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Satisfaction and Dissatisfaction Around the Globe

One expert says Chinese people are satisfied with their country's government performance because they have been told for decades that everything is going great.

| BY Kent McDill

Chinese citizens are most satisfied with the way life is going in their country and most optimistic about their economic future, according to statistics provided by Pew Research.

There is disagreement over what the statistics mean as they relate to China, however.

With almost 50,000 people interviewed from 44 countries, 87 percent of Chinese residents said they were satisfied with “the way things are going in their country.” By comparison, only 33 percent of Americans said they were satisfied with 62 percent saying they were dissatisfied.

Other “satisfied’’ populations were Vietnam (86 percent), Malaysia (77 percent), Germany (59 percent) and Russia (56 percent). Those were the only countries to have more than half its population say they were satisfied.

Of the entire population surveyed, 69 percent said they were dissatisfied with the way things were going in their country. That included 77 percent of Europeans, 74 percent of Latin Americans and 72 percent of Middle Eastern populations.

The most dissatisfied populations are in Greece (95 percent), Lebanon (93 percent), Spain (91 percent) and Italy (90 percent). In terms of difference from last year’s report on Global Satisfaction, residents of the United Kingdom saw their satisfaction rate go from 26 percent to 40 percent thanks to an improved economy.

When asked specifically about their country’s economy, 60 percent of all respondents said their economy was performing poorly. Again, southern Europeans were most likely to disapprove of their country’s economy, with 97 percent of Greeks, 96 percent of Italians and 93 percent of Spaniards saying their country’s economy was poorly performing.

China led the way with positive opinions about the economy, with 89 percent saying things are going well economically. Eighty-seven percent of Vietnamese and 85 percent of Germans were positive on economic issues.

Pew Research interviewed experts on the positive Chinese outlook, and one said an increase in property prices and the country’s anti-corruption campaign should have put a damper on the Chinese opinion. However, job creation is very high, and experts say the past 30 years of hearing that the Chinese economy is flourishing tends to create a positive outlook among citizens.

 



About the Author


Kent McDill

kmcdill@spectrem.com

Kent McDill is a staff writer for Millionaire Corner. McDill spent 30 years as a sports writer, working for United Press International and the Daily Herald of Arlington Heights, Ill. From 1988-1999, he covered the Chicago Bulls for the Daily Herald, traveling with them every day through the nine-month season. He also covered the Bulls for UPI from 1985-88, and currently covers the team for www.nba.com. He has written two books on the Bulls, including the new title “100 Things Bulls Fans Should Know And Do Before They Die’, published by Triumph Books. In August 2013, his new book “100 Things Bears Fans Should Know And Do Before They Die” gets published.

In 2008, he resigned from the Herald and became a freelance writer. The Herald hired him to write business features and speeches for the Daily Herald Business Conferences and Awards presentations.

McDill also writes a monthly parenting column for the Herald’s Suburban Parent magazine.

McDill is the father of four children, and an active fan of soccer, Jimmy  Buffett and all things Disney.