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To: PoorMuttly
20 years ago, over 90% of China's population was peasants. Now, it's about 67%. Economic development doesn't occur overnight, but it's a process. China's already got 100 mil. people with a standard of living on par with S. Korea or Taiwan. 100 mil. is almost as big as Japan's entire population or the entire US workforce. In the next 20 years, another 100-200 mil. Chinese will achieve First World status.

Representative democracy is great in theory, but most of today's Third World republics are dysfunctional jokes. China's achieved more in 20 years than democratic India has in 50. Just today, democratic Brazil needed a $30 bil. IMF bailout. Third World republics have majority-poor populations and, consequently, majority-socialist populations who oppose capitalist reforms and maintain their beloved welfare states in perpetuity. It's like if the US had a majority-poor population, Gephardt and Daschle would have a lock on Congress almost forever.

40 posted on 08/08/2002 10:17:15 PM PDT by AIG
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To: AIG
Wow, that's a heck of a growth rate. Amazing. So is this good...or just more dangerous?
44 posted on 08/08/2002 10:28:22 PM PDT by PoorMuttly
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To: AIG
As China modernizes, the rural worker is being displaced by the millions. Estimates are around 150 million of these workers in the next three to five years. Combine that with bad loans within their central banking structure where the state owned enterprises can borrow money without ever paying it back, and you have a set of "cooked books" that makes our corporate scandals seem pretty insignificant. In reality, not propaganda, their economy is far less stable than they want you China cheerleaders to know.

It's almost like taking a nation of extras from the cast of Deliverance and having them all win the lottery. They've got money for the first time ever, they've got no manners, they're racist as hell, and they figure that since they're Chinese whatever they do is OK. Not here. Even though their civilization has been around a long time, when it comes to the industrialized first world they are the new kids on the block. Rich, trailer trash new kids. To hear an American speak highly of them is nearly seditious - they are the greatest threat that this nation has ever faced, and it will come down to either them or us eventually. If you choose them, you know where to go.

47 posted on 08/08/2002 10:41:07 PM PDT by 11B3
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