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To: DUMBGRUNT

Coming from complete opposites of the economic sprectrum, the US and China are actually moving towards similar fascist-style economic systems, - heavy on central planning and uniparty politics, with a large amount of wealth inequality from insider dealing and corrupt crony-capitalism.

Of course, China has been following versions of the same model for 3000 years, so they’ll come out of better than the US will.


8 posted on 02/24/2021 12:29:09 PM PST by PGR88
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To: PGR88

“Of course, China has been following versions of the same model for 3000 years, so they’ll come out of better than the US will.”

I’m not that concerned about the Gini coefficient but there will come a point...And Piketty was way off the mark...

That said, we as a nation will be crushed by Megacorps before they manage to sell us to the Chinese.

Something about selling the rope to hang us?

IIRC Xi is currently attempting to rein in his Megacorps.

While Bidet Joe is attempting to force-feed the Megacorps with tax dollars to be his friend.


26 posted on 02/24/2021 12:54:40 PM PST by DUMBGRUNT ("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message.)
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To: PGR88
heavy on central planning P>Which means Lichenstein will eventually rule the world. Central planning is what sunk the Soviet Union. It is sinking the US, but many of us know that central planning is just another facet of deep state control.
27 posted on 02/24/2021 12:57:14 PM PST by AndyJackson
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To: PGR88
Of course, China has been following versions of the same model for 3000 years, so they’ll come out of better than the US will.

Sure - their experimentation with capitalism since 1978 has changed China far more than their experimentation with Communism in the previous three decades. The Mandarins are still in control, but they have learned how to use Communism as a tactic to manage the peasants and corporatism (fascism) to grow the economy and deal with international relations. Because they have maintained social order through the threat of violence (we lost our social order permanently in the 60’s) they manage to do a lot of things better than us. Eventually, this will include military operations - not quite yet, but it is coming.

54 posted on 02/24/2021 2:39:46 PM PST by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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