[zeestephen]

Re: China is crashing!

Waiting for this really has become kind of ridiculous.

However, in terms of productivity, China still is a Third World country.

American manufacturing employees produce six times more value than their Chinese counterparts.

And in agriculture, Americans are about ten times more productive.

And, in sharp contrast, the 20 year stagnation of Japan’s economy was predicted by exactly nobody.

[familyop]

American "based" manufacturing on foreign soil (including high tech.) is doing great as reflected in a small percentage of the Dow "industrials" (most of the industrials not being really industrial).

China's Superpower Economy
http://www.heritage.org/research/reports/2007/12/chinas-superpower-economy
The Heritage Foundation
December 28, 2007
By John J. Tkacik, Jr.
"Despite breathless media reports about the World Bank revising downward its estimate for the size of China's economy,[1] what the figures really show is that China has indeed overtaken the United States in manufacturing output."

China Passes The US As Largest Manufacturer
March 14, 2011 5:41 am EDT
http://247wallst.com/investing/2011/03/14/china-passes-the-us-as-largest-manufacturer/

U.S. Falling Behind China in High-Tech Manufacturing October 30, 2011
http://economyincrisis.org/content/us-falling-behind-china-high-tech-manufacturing

China became world’s top manufacturing nation, ending 110 year US leadership
http://en.mercopress.com/2011/03/15/china-became-world-s-top-manufacturing-nation-ending-110-year-us-leadership

[familyop]

Here's where the jobs with adequate incomes are--almost all of them. Such employment allows plenty of time and money for the contemporary political class to regulate and legislate against productive activities in the formerly employed private sector.

Leviathan (Uncle Sam employs more people than you think)
National Review ^ | 02/03/2011 | Iain Murray
"...nearly 40 million Americans employed in some way by government."

Heavy Hitters: Top All-Time Donors, 1989-2014
http://www.opensecrets.org/orgs/list.php
American Fedn of State, County & Municipal Employees $60,949,129 [Democrat] 81% [Republican] 1%”