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To: truthandlife
This list of economic body blows explains why, for the first time in years, hot capital is escaping over the borders out of the United States and flowing into China, India, Europe, and even Japan....[S]tarting in late 2007, foreigners started pulling their money out of the United States, and Americans started investing more abroad. Global investors are losing confidence in the U.S. The result is a falling stock market and a collapse of the dollar.

China is a more capitalistic country than the USA...

15 posted on 10/08/2008 8:52:30 AM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
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To: 2banana
China is a more capitalistic country than the USA...

I'll bet ya they move on Taiwan if Obama wins.

58 posted on 10/08/2008 10:08:27 AM PDT by gundog (I'm a bitter gun owner, and I vote.)
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To: 2banana
China is a more capitalistic country than the USA...

With little accoutability to shareholders, as these companies are run by the People's Liberation Army and their cronies.

That's why there are continuing problems with Chinese products, from dog food to children's toys, to milk.

The Chinese use capital, but have not developed the accountablity that long-term success requires.

82 posted on 10/08/2008 1:19:12 PM PDT by happygrl
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