[Texas Eagle]

Hey, I got an idea. Let’s send our Snowflakes to Beijing so they can conduct an Occupy Tianenman Square protest.

[JimSEA]

He doesn’t expect Chinese families to “share the wealth”. I’m sure he understands the Chinese businessman.

[Lockbox]

1% hold a third of the country’s wealth and that is a major problem when you are a Communist Government.

[Ken522]

Just like in the USA - the top 1% control 34% of the wealth .... only here, the botton 60% of the population controls 4.2% of the wealth and gets PAID to stay comfortable at the bottom ....

[Steely Tom]

Now back to our continuing coverage about the terrible uneven distribution of wealth in the United States.

Anyone want to see uneven distribution of wealth up close and personal, look into Brazil. Specifically, type the word favelas into YouTube and watch the first few things that come up.

BTW, Chinese cities have child beggers. They're almost everywhere. Walk around for more than five minutes and you'll encounter them.

[Steely Tom]

Also BTW, did you know that Brazil imported 11 times as many slaves as America did? (4.9 million vs 0.305 million, source Wikipedia).

[Gay State Conservative]

Having seen a good part of China...the southeastern part (near Hong Kong) I'd bet my bottom dollar that 3% of the population control 99% of the wealth.

For example...taking the train from Guangzhou (the metro region has 44 million people) to Hong Kong when you're about 10 minutes south of that glass and steel city you're back in the 15th Century.China's economy is a mile wide and an inch deep.

[marktwain]

But Xi knows that Beijing has not repealed the basic economic theory: There are too many people chasing too few opportunities, with 1 percent of China’s population holding a third of the country’s wealth, by the government’s own estimates. And with an aging population, whose problems are exacerbated by decades of the one-child policy, the country has too few entrants into the labor market to keep wages low.

---

Anyone else see the enherent contradiction in the above paragraph?

Too many people chasing too few opportunities (claimed)

and

Too few entrants into the economy because of the one child policy.

Seems mutually exclusive to me.

“..basic economic theory: There are too many people chasing too few opportunities...”

That is basic Marxist theory, isn’t it?

[Mr. Jeeves]

In today’s highly integrated global economy, as China’s growth continues to wind down, we could be forced to confront human suffering on a catastrophic scale: an unparalleled test for Beijing and the international community.

I suspect the guy walking behind a water buffalo with a plow every day will be walking behind the same water buffalo and eating the same rice and vegetables a week after the international market crash finally arrives.

Things could get dicey for the fu er dai trying to drive their Lamborghinis safely out of Chinese cities though middle class neighborhoods, though. :)

[JimRed]

Wouldn’t a REAL commie take all that wealth and divide it evenly among the population? Darned fake commies!

[butlerweave]

Xi made himself equal to Mao and we know what a disaster Mao was