This is the street sign we drive by every day on the way to the office. Don’t know why, but it reminds me of the Eddy Grant song ‘Electric Avenue’
Down in the street there is violence/ And a lot of work to be done/ No place to hang out our washing/ And I can’t blame all on the sun, oh no
Chorus – We gonna rock down to Electric Avenue/ And then we’ll take it higher/ Oh we gonna rock down to Electric Avenue/ And then we’ll take it higher
I forgot to mention two interesting statistics reported in the South Korea news paper yesterday. 1. The individual savings rate has dropped to an alarmingly low level to just above 30% the last year (in the USA it briefly reached 5% in 2009). 2. A large majority of Seoul residents – 75% ! prefer to live in high-rise apartments to living in a house. City officials want to reverse the trend to make the city more livable with open spaces, and will provide more community resources typically found in high-rise aptments, such as day-care centers, health clubs, and the like.
