Posted on 06/09/2013 8:44:31 PM PDT by KMR
This is no longer the old Happy Meal economy of the 1980s, making toys and sneakers.
(Excerpt) Read more at forbes.com ...
The China Opinion Pendulum.
Elvis is dead and China doesn’t feel so good itself.
Would you like egg roll with that?
I most certainly would. And please bring another Suffering Bastard.
I’ve heard that question too many times to believe China has stopped growing. My answer is NO.
What exactly did they think would happen to them after they achieved their goal of crashing their largest customer’s economy?
I hope so but I’m not going to get excited just yet.
We heard these sort of things about the US real estate market leading up to the fall of 2008. Lots of financial types and realtors had been downplaying the concerns for years.
For now both parties that control the US would like to sell us out to China. Any time someone suggests “America first” they’re called an “isolationist” or “protectionist.”
Correct me if I’m wrong, but China, I believe, is populated by Chinese people. The Chinese are without a doubt, some of the most successful, aggressive, capitalist, money-driven people in the world. Why would anybody come to the conclusion that some temporary problem would permanently stall the economic march of China? The whole idea is preposterous.
I am actually in Beijing today. It is interesting. Most of the visitors at the tourist attractions are Chinese. A few Russians, Germans, Brits, and Americans.
I say “intereting” because i can see firsthand the old and the new in China...where they have copied and where they have “skipped steps” in normal development.
For example, locals can and do get cars and commute into Beijing from the suburbs...but no one drives between cities here leaving massive Flyover Country.
It’s an interesting article, some common sense, some hopeful/wishful thinking too.
I think in many ways China is on the brink and possibly past that of running out of “other peoples money”, Outside investment is down, the dangers to industry are now well known. China doesn’t “play well with others” when it comes to intellectual property. China demands at least 51% control over new factories and businesses who want to do business there.
So now they have to look inside their country for new markets. And that thought scares the CCP sh*tless. Giving the peasants better education and the hope for better lives is the road to future dissidents. China actually fears internal rebellions much more than it fears outside conflicts. Historically it always has and that attitude continues today.
Probably somewhere around the same thing we thought would happen when we decided to regulate jobs out of this country, and stop new ones from being created.
LOL
Can the gloBULList economic raping of the US economy stop now?
Its economy is a house of cards.
*ouch* I guess I should wipe my fingers clean before I point at their greasy spots...
Smart comment.
So why are the brilliant “progressives” in this country trying to get us to be a vassal state of China?
I like China. I dont like my invstments in it. I own FXI. boo hoo hoo. : (
That was my answer too. Second sentence, if I remember correctly.
Agreed. And for the record, the article said NO, China was NOT finished.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.