Posted on 08/10/2010 3:13:33 PM PDT by arthurus
In the latest issue of The Casey Report, Bud Conrad does a fantastic job analyzing the truth about Asia. Japan is a ticking demographic time bomb. The Chinese government has created the mother of all bubbles and when it pops, it will be felt around the world. The China miracle is not really a miracle. It is a debt financed bubble. Sound familiar?
(Excerpt) Read more at seekingalpha.com ...
It does feel like we’re rushing toward a conclusion, doesn’t it? History tells us that all it will take is something to set it off.
I was sort of hoping that China would finance our deficit and all.
I was sort of hoping that China would finance our deficit and all.
So, we have to curtail freedom so we won't be communist? Yeah. That makes sense.
So, we have to curtail freedom so we won’t be communist? Yeah. That makes sense.
If you think WTO, NAFTA, CAFTA, MFN with Communist China promotes freedom....I bet you have space in a Gulag for me somewhere
I believe that nudge or push will come when Greece finally goes into sovereign default....it will start a domino effect that will be global in dimension, ending at the China’s doorstep.
Higher tariffs and more government restrictions on trade......for freedom!!
It’s even worse. Most new construction poorly made. Will fall apart before resold. True values of much of this new construction is zero.
You seem to have no problem with the tariffs and non trade barriers placed on US goods by Communist China
Economic freedom is not achieved by surrendering your manufacturing base to a Communist one party state. I recommend you and rudeboy do some reading on Communist China and similar communist nations....you would be less likely to support them on threads like these
I believe that nudge or push will come when Greece finally goes into sovereign default....it will start a domino effect that will be global in dimension, ending at the China’s doorstep.
Probably....and Communist China’s only recourse would be to stop producing for the international market...because the US would not be able to repay the loans if Com China called them in....which makes all this Free Trade nonsense a total tragedy....borrowing money from the people you shipped your wealth to
What gives you that idea?
you would be less likely to support them on threads like these
What orifice did you pull that idea from?
I think that it means that absolute power is no solution to any problem. Certainly, the Khmer Rouge sent their people into oblivion. And Siberia is pretty well uninhabited, but that was not exactly my point.
Absolute power can solve lots of problems better than a democracy. but I wouldn’t want to live in it.
Interesting. I had thought that the China phenomenon was largely based on exported manufactured goods, ala WalMart, which is reasonably sustainable given the World’s still extant want.
The us is only about 20% of china’s export market according to the book POORLY MADE IN CHINA.
Because the Chinese government is closed and it’s central planning and rule corruption and abuse problems unknown, many Americans have the wrong impression that holy communism is superior to corrupt bankster capitalism (which is really fascism). To go a step further, globalist Americans who dream of a global government of “fairness” and “peace” beleive the Chi-coms offer the best model for global government.
So...let China’s face finally be seen for what it is.
I guess you've never heard the term "all thrust and no vector". And you are right in implying that competing interests in a democracy tend to dilute solutions to problems, but history demonstrates that democratic methods win out in the long term. The long and the short of it, is that if China imposes a solution to whatever problem it faces it will lose. As assuredly as we will lose by spending money we don't have in an attempt to pull ourselves out of the pit that spending go us into.
but history demonstrates that democratic methods win out in the long term.
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Uh, no I don’t think so. OUR history demonstrates this but we are just a little tiny blip on the radar so far...only a couple centuries. I guess it depends on what you consider long term and what you consider a democracy.
YOu are correct. Freedom is a “blip” on the radar screen of human political history. The only reason freedom has managed to survive is our military agression in the protection of our allies from the wolves.
But I do believe we have reached a new phase now where the American elite are no longer beholden to freedom and a place where the American people have been so culturally cleansed by the Left in our schools, they don’t even know what American freedom is anymore.
Okay, I kinda "figgered" that out on my own.
I think it takes a bit more than a military. Cesar had a military like none other on the planet yet romans were not very free.
Freedom occurs when the majority of a nation’s citizens are above a minimum threshold level of intelligence, ambition, unselfishness, and moral character. It helps when economic conditions are such that opportunities abound. Shortages have a way of inspiring the lesser moral characters to confiscate from others in attempt to allay their own discomforts.
I don’t like to see the entire blame put on the left. Kids nowdays truly believe freedom means a life lacking: physical discomforts, physical danger, and uncertainty. Actually, adults think this way a lot as well. There’s more to this decline than just lefty thinking. I think.
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