Good post. Who thought we would ever see the day when:
- China takes stronger capitalist pro-growth actions than the US during the mini-depression, and sees a much faster recovery
- China maintains a strong pro-manufacturing, pro-jobs economy while the US sheds jobs and continues to penalize manufacturing
- China gets it right on enviro-terrorism while the US passes the greens billions in new cash and new squeaky toys
- China aggressively runs around the globe locking-in future fossil energy positions at the lowest costs in decades (while the US sits on its hands and scuttles nearly all new coal fired electric plants because of regulatory uncertainty)
Now tell me, which nation is capitalist? Which nation has the biggest political risks when it comes to 30-40 year energy decisions?
A lot of what you say is true. But China is not a communist country.
China is a totalitarian capitalist nation.
There are thousands of private for profit companies in China including many U.S. companies.
In communism/marxism private property and private companies are not allowed
The sum of your post is that China lives in the real world of making useful tangible items as the way to prosperity. This practical thinking extends to them seeing through the global warming scam and giving it no respect
In contrast America thinks prosperity comes through shuffling financial assets, flippping houses and government takeover of the health care system and BULLSHIT green jobs. America and Europe also buy into the white liberal guilt hokum of global warming where our prosperity is a sin against planet earth and the brown peoples in the 3rd world. This is the magical thinking of silly atheists
China India and Brazil are realists and up and comers. Brazil is commie ruled but enviro-wackos are repressed there. Are shoved out of the way as Brazil explores for oil and does other un-green things to try to develope their economy
The Beijing delagation was there representing what Niall Ferguson refers to as Chimerica. Obama was there represeting Soros, Strong, Gore, Sec. Gen. Moon, Ed Begley, Jr. etc.
Who thought we would ever see the day when:
- China takes stronger capitalist pro-growth actions than the US during the mini-depression, and sees a much faster recovery
- China maintains a strong pro-manufacturing, pro-jobs economy while the US sheds jobs and continues to penalize manufacturing
- China gets it right on enviro-terrorism while the US passes the greens billions in new cash and new squeaky toys
- China aggressively runs around the globe locking-in future fossil energy positions at the lowest costs in decades (while the US sits on its hands and scuttles nearly all new coal fired electric plants because of regulatory uncertainty)
Now tell me, which nation is capitalist? Which nation has the biggest political risks when it comes to 30-40 year energy decisions?
BRILLIANT COMMENTS!