[spycatcher]

Also see this thread...

Is China the Next Argentina?

[SteamshipTime]

Someone posted on this forum that the Chinese will assign 400 people to milk a single cow and report full employment.

[ShayAllen]

I am so pissed at all these bastards trying to capitalize on China. The stonger the Chinese economy is, the more ICBM's and MIRV's they have pointed at us. We should be trying to destroy them. They are already targeting us with nuclear technology that our treasonous and idiotic government provided to them.

[Life of Brian]

For a momment there I thought this was another article about the US economy.

“The official data overstate the pace of economic expansion" ..

"The mainland (USA) banking system is crisis-ridden and corrupt. In an open political system, it would in all probability have collapsed by now, considering that half to two-thirds of all bank loans are nonperforming and growing."

"High-level linkages between the perpetrators of such fraud, however, result in disinterested investigations"..

"If people knew what was going on, there would be an instant run on the banks, which would bring the (US) Chinese economy to a halt.

"Considering the mainland’s padded statistics, one must be very skeptical.

Land confiscation is a serious issue in the countryside,

“What's happening is land transfers to a few rich people. The government has had a long-standing policy of letting a few people get rich first.”

[AdamSelene235]

Every other building in China's major urban areas seems to be a bank. Weird. People can't possibly need *that* many banks.

OTOH, street level free market capitalism is simply raging out of control. Its pretty cool actually. Everyone wants to start a business, everyone wants to get rich. The average man in the street is a hard core capitalist.

[a_Turk]

Well, maybe once there's no more technology and no more money left to gift to China, you'll come to a painful realization..

Most favored nation.. What a farse.

[Arleigh]

China has a long and noble history of insanely bloody civil wars. I smell an historic slaughter coming up soon. The American economy is on the verge of collapse and when it does, it'll drag down the export-dependent Chinese economy. Once those billion+ Chinese realize they'll NEVER be rich, all hell will break loose. All the wars and genocides of 20th Century added up to less than 300 million dead. China could top that in a few years of serious fighting and starving.

The worst part is that China will turn into a Super-Mexico and flood the world with illiterate illegal aliens. It'll be The Camp of the Saints time.

[nonliberal]

China's entire economic growth is based on its trade surplus with the United States. If we revoked MFN (or PNTR) we could, and should, bring yet another communist country to its knees.

[Dec31,1999]

[Red Jones]

bump