Originally posted by DerepentLEstranger
lol another delusional who will be thanked by the polite chinese for inserting the shaft himself up his...
1 -...making American manufactured goods...
WTH are you talking about? isnt everything made in china already
Delusional is as delusional does...
Here are some facts for you, according to the source below...
"The U.S. remained the world’s biggest manufacturing nation by output last year (2010), but is poised to relinquish this slot in 2011 to
China – thus ending a 110-year run as the number one country in factory production."
"Manufacturing Outlook 2011 - The top manufacturing countries:
1. United States
5. Russian Federation
7. United Kingdom
9. South Korea
So, although China is most certainly now a manufacturing force to be reckoned with...the United States is most probably still number two in the world
- and with a lot of underutilized manufacturing capacity that can be ramped up again in a heartbeat.
2-more fantasizing, who told you china was a capitalist country, bloomberg, the WSJ? HELLOOOOO!!!! CCP!!!?
I have lived, worked and do business in China. I can confirm for you first hand that China is one of the most entrepreneurial and capitalistic
countries on the planet. Sure they have a one-Party political system...but that one-Party system is geared to maximize international business success
(because that's how the political elite get rich), by manipulating their currencies, by having very low environmental standards, low wages, low
workplace safety standards, low benefits, no intellectual property protections...should I go on?
4- the winners write the rules, see reply #2, and paper money is ultimately worthless , land resources and a subject population weakened by
self-immolation post economic-collapse will more than make up for a piddly monetary loss, i'm sure chinese millionaires and billionars losing most if
not all their recently made money will be quite content to become the mandarins of new york, california, florida, and the remaining 47 states [plus
but hey, with thinking like that it's inevitable now
Paper money (or electronic money if you prefer) is merely a convenient standard of exchange for goods between parties who do not have something of
direct barter value to offer. To say that it is worthless...is to say that you don't understand money, or the basic concepts of notes of exchange,
"weakened by self immolation post economic-collapse"...not even sure I want to guess at what you are mumbling about there. And any Chinese
millionaires and billionaires who have lost their fortunes through some process that you have in your head (ie. one I can't quite decipher from your
writing)...will not become the mandarins of anything, let alone major economic centers in America...let alone being content about anything.
The greatest thing that the Communist Party in China fears is the population revolting against it. The Chinese people are not afraid, if really
provoked, to attack Employers, Government Officials, Police Offices etc. In the recent downturn there have scores of uprisings due to factory
closings or downsizings.
The Central Government is always careful to be sure that there is some distance between themselves and local and provincial officials - so that they
can always give the appearance of coming down from above to solve problems "for the people."
But, as noted, their greatest fear is that some day something will happen that the masses will blame on the Central Government - something like, say,
a major domestic economic crash. The people there have had a taste of the money...are avid consumers of brand name products...have seen a lot of
people get filthy rich in a short time...have their own star system of actors, singers and businessmen...have made money buying and selling real
estate...spend huge amounts of money to pay for their children's education (so they too can benefit from China's economic rise).
A severe recession or depression in China would rapidly lead to chaos...the people there have never been through the down part of a cycle, and will
not likely handle it very well.