DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post

**Flatlytaize** · 09-14-2009, 08:49 PM

One thing to keep in mind here it is EXTREMELY difficult to get real information out of China.

I used to read a Chinese Econ. Professor's blog but they shut him down recently too. They literally shut him down when he started being critical of the stimulus producing goods when they don't have any customers.

OUr information is being heavily filtered and/or it is largely anecdotal.

China is like a humongous ship,they are run by think tank and as such are very, very slow to change course. Their stimulus has been trillions to keep machines running producing goods nobody wants or needs. Eventually their population is going to want to be westernized just like German in the 70's, Japan in the 80's an output of our looting and pillaging is enriching the locals with hard currency who then want to go spend it.

So the idea that they are some nimble, efficient compeitor smoothly gliding amongst world commerce all the while they currency, people et al is totalitarian liked controlled is an inaccurate portrayal.

They told me in the 70's to learn German, in the 80's to learn Japanese,
same people saying learn Chinese now. MEanwhile what happened before? WHen the Japanese, Germans et al spent their dollars, the US capitalists raped them. Japanese bought Pebble BEach and Rockafeller Center at the absolute peak of the market. Will be no different here, CHinese will spend these dollars and will get crushed in the commerce. They can't win here, they need us to buy their crap and they going to need us to spend their dollars. Can say the US can't win either, but like I posted we already spent their money so that is a tough one to support.

09-14-2009, 08:49 PM	#22
Flatlytaize Join Date Oct 2005 Posts 471 Senior Member	One thing to keep in mind here it is EXTREMELY difficult to get real information out of China. I used to read a Chinese Econ. Professor's blog but they shut him down recently too. They literally shut him down when he started being critical of the stimulus producing goods when they don't have any customers. OUr information is being heavily filtered and/or it is largely anecdotal. China is like a humongous ship,they are run by think tank and as such are very, very slow to change course. Their stimulus has been trillions to keep machines running producing goods nobody wants or needs. Eventually their population is going to want to be westernized just like German in the 70's, Japan in the 80's an output of our looting and pillaging is enriching the locals with hard currency who then want to go spend it. So the idea that they are some nimble, efficient compeitor smoothly gliding amongst world commerce all the while they currency, people et al is totalitarian liked controlled is an inaccurate portrayal. They told me in the 70's to learn German, in the 80's to learn Japanese, same people saying learn Chinese now. MEanwhile what happened before? WHen the Japanese, Germans et al spent their dollars, the US capitalists raped them. Japanese bought Pebble BEach and Rockafeller Center at the absolute peak of the market. Will be no different here, CHinese will spend these dollars and will get crushed in the commerce. They can't win here, they need us to buy their crap and they going to need us to spend their dollars. Can say the US can't win either, but like I posted we already spent their money so that is a tough one to support.
	Quote