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Old 10-25-2005, 02:14 PM
bobman0330 bobman0330 is offline
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Join Date: Aug 2004
Posts: 52
Default Re: When China Rules the World

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Backwards government? All the smart Chinese are growing the U.S.?

You, sir, need to pick up an Economist / Finanical Times / really any periodical even one as lame as Time or Newsweek to get a better sense of where China is in terms of its economy, government (this is not the communist China of yesteryear, not even close), and global initiatives as it begins positionining itself as the next (perhaps only) superpower.

It's still years off is my sense, but the incredible progress on the mainland - and as per capita income grows throughout the country - game over man.


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So, after 20 years they stopped actively trying to destroy their economy, and now they're no longer backwards from an economic point of view? Heavy state involvement in banks and financial institutions, bribery, corruption, intimidation of foreign investors, no political or human rights, no IP protection, fiddling with currency values, massive income and opportunity inequality between the coast and inland, no domestic consumption to drive growth...

Yeah, sounds great. I feel perfectly confident projecting the growth of the last few years indefinitely into the future. Just like S. Korea, Taiwan, Singapore, and Japan.
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