[tet68]

You have to admit if our economy was growing at the
rate the chinese is there would be people screaming
that it would have to be slowed down before it over
heated. The chinese I don’t think are ready for that
it’s not something they have had to deal with before.

[upcountryhorseman]

China has extreme environmental factors that prevent growth
beyond certain limits. Such as desertification encroaching
on fertile fields. limited oil supply, limited mineral
supply, etc. China will be like Japan, importing raw materials and exporting manufactured goods.

[mountn man]

It doesn't take a rocket scientist to figure that China SELLS a HUGE part of their economic production to the US. China also owns a HUGE part of US debt.

That means if/when the US fails we take China down with us.

There will be no one to buy off Chinas bad loans, and no one to buy their products.

Their population is too poor to buy their own products, and their will be no one else to buy their products.

China is just part of the worldwide house of cards.

[BobL]

“He makes a lot of good points to substantiate this.”

It sure would be nice if China winds up being a paper tiger...because if they’re not, we’re toast. We’ve completely ignored the steps needed to keep ahead of them and instead engage in wealth-killing indulgences, like building 92 mile ‘high-speed’ rail lines.

[Bridge_toofar]

Bolton needs to travel more to places like China, India, Brazil. Industrial progress in last 25 years is nothing short of phenomenal. When Mao was in charge, China was dirt poor and severely lacking in industrial knowhow. Today they can manufacture anything anybody any where can. They basically bought the technology cheaply from ever willing western industry. I have personal experience on this because the corporation I worked for sold them engineering knowhow at a ridiculously low price.

[The Magical Mischief Tour]

China’s economy is a house of cards just like ours... what’s worse regarding the Chinese economy is the simple fact all information flows from a single source the .gov.

At least here in America organizations like Gallup, Rasmussen and the Wall Street Journal can independently verify or as in the case lately disprove the BS the .gov is putting out.

[johnthebaptistmoore]

I wouldn’t mind, if John Bolton does decide to run for ‘12 POTUS. Also, he would be a decent addition to any future GOP Presidential administration, if he’s willing to serve on one, again.

[combat_boots]

4 X the people of the US.
But,....
1/3 of the strength of the economy of the US.

[bert]

I think Trump is down on China because they got the best of him. The Donald, the deal maker can’t stand it and as a result downs China every time he has a chance.

Out of the Provence of Manhattan, the donald is out of his league

[KC_Lion]

There are two sides of every coin, you should never underestimate your enemy, BUT to overstate their strength will end up hurting you as well.

China is a Fascist, State Capitalism, whatever the hell you want to call it, state, and that NEVER works, not in the UK, not Japan, not Russia, and sure as hell not here.

The problem isn't China's strength but our weakness, (AKA Ubama and the Looters) if we can kick Ubama's ass to the curb and pry some of the Leech's off (The Federal Government workers,Social Security, Medicaid Et Al) than America will kick ass once again.

The Problem is that the Looters won't willing give up their free ride, as in Wisconsin, and that WILL lead the US to some very scary scenarios (hence my tag-line)

The Oone true adtvange China (and Japan) does have over the US, is the fact that they are a Homogeneous society, while America can be so easily divided along sectarian lines.

(Although I do wonder how China expects to keep their "Social Security" funded, because, as we see in places like the UK, that won't last forever.)

[shield]

WOW...what a smart man...great SOS for Sarah Palin’s Administration....

[Vendome]

Dang! He combed his hair nicely and trimmed his mustache.

[Vendome]

Now if he could start wearing blue suits.

[Pelham]

“To sum it up, Bolton really doesn’t agree with Trump that we are getting ripped by China. Of course they are cheating and stealing from us in several ways, but he doesn’t agree that China’s economy will out grow the US economy in 10 to 15 years. “

I guess that’s why all those millions of products that we buy everyday are marked “Made in USA”.

Oh. Wait. Nevermind.

[nwrep]

I just returned from another trip to China. It was refreshing to visit a country in which people make a strenuous effort to learn and speak English, to the extent that some short-sighted local politicians (quoted by the SCMP) were bemoaning the lack of attention to Classical Chinese language amidst the mad dash to learn English in urban Chinese schools in cities like Beijing and Shanghai.

It was sobering to alight from my plane at JFK, only to hear Ebonics and Spanish-speaking, bad-mannered, ill-kempt, TSA personnel. It was a jarring reminder to me that I have returned from a clean, polished, scrubbed country, full of polite citizens eager to learn English and pursue their capitalist dreams to acquire wealth and western material possessions, to a country tottering on the precipice of Socialism, ready to abandon all the capitalist principles that had made her great, and overrun by inferior genetic specimens, who have neither the desire nor the ability to compete in the global economy of the 21st Century.

Set against this backdrop of my first-hand experience, repeated verbatim after almost every trip to China in recent times, I wonder if this trend will be reversed.

[ponder life]

Bolton may have a point when he talks about China's opaque accounting system and their internal debts.

However, I do believe, that despite a lack of transparency in China's economic data, we can look at China's impact on the rest of the world to forsee the coming impact. And that is, what commodities are they buying, what products are they selling (i.e., are they ever increasing in technology), and how much foreign companies are affected by China.

And in all those categories, China does loom large. So, not sure how Bolton can question China's growth when, for example, General Motors now manufacture more automobiles in China than in the US. Or that China has single handedly affect global commodities prices, etc. Those aren't opaque data, but well known and well published data.

In the year 2000, the Chinese auto market was 2 million vs Japan's 6 million. By 2010, Chinese 18+ million and Japan under 5 million. These numbers cannot be made up when the largest number of automobiles sold in China come from foreign auto manufacturers in China.

So, again and in conclusion, all we need to do is look at China's impact on the world to see what road she is on.

My bet is that by 2020, China's nominal GDP will be larger than the US. And I'm not even talking about purchasing power parity (PPP), but market value GDP. In PPP, it'll occur even sooner. But I'll stick with nominal since PPP is controversial.

[Rockitz]

I’ve been to Shanghai 3 times over the last 4 years. There are certainly a lot of near empty 40 story buildings in Shanghai and the western style developments in the burbs are ghost towns as well. The growth dictated by the ruling oligarchy and not based on any economic demand.

[PhilDragoo]

Bolton's perception is better grounded, while less sexy than Trump's.

Bolton says our spending and debt per se are destabilizing--no matter who owns the debt.

That the Chinese have their own instabilities:

Government banks lend to government companies--need we add the corruption is rampant--

--and the citizens are continually protesting, land protests, labor protests--

He mentions the tens of millions of men who can never marry due to the one-child policy eliminating female babies--

Trump got burned--did he miss that Loral-Hughes, C. Michael Armstrong and Bernard L. Schwartz and William Jefferson Clinton conspired to sell China our missile secrets--treasonous behavior warranting the most summary punishment--

--and now we have Obamao bowing to China, giving Putin our nuclear advantage--as well as UK's nuclear secrets--

Bolton is a dangerous man for the globalists--

He is an American.

[Titus Quinctius Cincinnatus]

People back in the 1950s used to hyperventilate about how fast the Soviet economy was growing, too.

[668 - Neighbor of the Beast]

I certainly like Bolton but will continue to reach quite different conclusions about China.