everyone THANK the clintons who gave china
every sincle us patent application for $$$$$.
like the uranium 1 scheme, they walk free.
When are you moving to that workers paradise Fred?
The latest is in Italy.
S'pose the rest of us will finally wake up and develop coherent defenses/responses?
Yeah, maybe.
I remember back in the 1980s when we thought the USSR was going to eat our lunch (militarily and politically). Then they collapsed. Ditto Japan in the early 1990s.
I’ve been to China. Yes, lots of new construction. However, except for a few high profile projects, most of it shoddy.
The Russians, Chinese and Indians have people who are very, very smart. But the problem is that their countries are fundamentally corrupt.
On the other hand, we in the US often shoot ourselves in the foot. I don’t blame people for thinking we are “mildly retarded”. Yet, it seems to work. The Germans are also very smart, but they seem intent on national suicide even more than we are.
He is right about one thing, our system won’t work a whole
lot longer. That is not an accident, that is the goal of the left and has been since the 1920’s.
Many here would rather hide their heads in the sand and pretend that China of today is the China of say 1965. s
The change in China since say 1990 immeasurable. The primary benefactor and force to be reckoned with is the youth.
They have stuff and they like stuff. They are Chicaps....... business types they make deals and the deals end up making stuff.
Europe rather than America should be worried.
East of Suez is the future. Europe is in serious decline
The China youth have american stuff and like it
I observe and present a finding
But Communist China's place in the economic world at the moment is the result of stealing, copying, and reverse engineering inventions produced by free men in the free world.
One of the major reasons the U.S. has been an innovation leader is not just because of its free market capitalism but also because, unlike Europe, it isn't a relic of the original European caste system wherein people were (and still are to some degree) expected to know their place.
Speaking of Europe, the funny thing about the EU is that it represents a return to the old European caste system (wherein the proletariat have NO power or influence over the leadership). If the EU gains power in Europe, Europe will dry up like a prune.
I am in the process of designing and building a DIY electric bicycle, an E-Bike. (When it comes to fun on two wheels, I’m an addict.) Hands down, the best hardware available in the world is coming from China.
The US hardware is so far behind the curve it is stupid. Drive systems, batteries, controllers (even the bicycle itself) are so far ahead of the US equivalent its scary.
And the cost of the hardware? Pennies on the dollar. We in the US are in trouble . . .
What?
The electronic exports are defective junk.
A must read: Trade, the Left, and Trump
Fred is dead on. The US is an architectural slum
with a citizenry to match. And we haven’t bottomed
out yet.
“and ahe military sucking blood from the economy like some vast leech...”
Yeah, shove it where the sun don’t shine. The military is what stands between us and them.
I don’t underestimate the Chinese, but I also don’t ignore the “ghost cities”
http://www.the-ifj.com/2019/02/06/what-has-become-of-chinas-ghost-cities/
I also recognize, as others do, that their transition from Communism to Fascism has powered their economy to date. Their inevitable collapse due to Central Planning is the biggest threat we, and the world, face.
The world’s #2 economy will cause economic havoc when the wheels fall off, and Xi’s attempts to stay in control will be bloody.
The “one child” policy has given China many single, military aged men as well as many new wealthy. Neither will be happy with decreasing GDP and standards of living.
Fred Reed’s amazing list of China accomplishments.
My China list: everything China makes is low quality cr*p.
EVERYTHING !!
Before this train, the trip from downtown to the airport took forty minutes to an hours. Now, eight minutes.
So, previously the average speed to drive to the airport
was 30 mph or less sometimes as low as 15mph?
Remember, distance is 19 miles.