the question will any economy be intact when it does?
Synchronized monetization . . . the new Olympic sport for 2010.
@Lingerfoot – thoroughly familiar with Fresco and the Venus Project – love his concepts but know it will never happen.
@iaf000 market always overshoot and undershoot! that means market is always wrong! XD XD XD XD XD XD XD XD XD XD XD XD XD XD XD XD
alll government will have stimulus package! when china cant speculate in property, they wil do it in gold! XD wow!!!! XD!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
LOL, i hope it happeneds
@Lingerfoot it is lucifer project. XD
@Lingerfoot I don’t trust it…
Sir, do you watch videos by Jacque Fresco here on youtube? Peace!
Please check out – The Venus Project.
@ulomonsti Ahh.. One more thing, u were saying that CHina & the west has a Buy & Sale relations! Yes, u r partially correct! But u r forgot the fact that China by itself is already 1/5 of the world’s market! China has enough natural resources, domestic trade – production, and the population to close its doors and still survive. How many countries in the world can do that?
@ulomonsti Again China is a DEVELOPING country today! I never said China is leading the world today. But it is inevitable that China will eventually lead the world again very soon! It is just part of the circle of life “China Cycles/Curse”! But may be 3-4 hundreds from now the Dragon will FALL ASLEEP again and awaits for its next awakening! But as of now NO ONE CAN STOP 1.3 billion people from entering onto the world stage!
@ulomonsti How can a country of 1.3 billion people not be chaotic? I glad that u pointed out how the central gov’t of China is losing its grip on the economy & also in other issues! Many westerns still think of CHina as the days of Mao! Yes, I agree with you that CHina needs more gov’t intervention in its economy & or in many other issues as well. But this is the cost for China in the road to becoming a socialistic harmonized free nation with unique Chinese characteristics!
@popoTb lastly what? that major event of “coming back” is happening, everyone knows that. But before that, let us calm down and do some homework, can’t we? The Chinese central government is literally losing control on economic and industrial policies.
@popoTb I hope you enjoy your fantasies. 1. China IS NOT leading the world right now. THE USA is. 2. CHinese economy is one of the most ridiculously structured in the world, with 70% investment and petty 30% consumption. This is pure bubble! 3. China and the West are simply buyers and sellers, if buyers stop buying and go bankrupt, sellers will either change the product or go bankrupt as well.
@ulomonsti U Said, “NO ONE IS EXCEPTIONAL TO ECONOMIC RULES”
OK I won’t waste time answering u! I will let the professor and expert do so! watch these following videos then u will c u can’t impose western theories to CHina:
1. China: Leading the World Again. Dr. Eddie O’Connor:
2. Doing Business With China
3. China and The West
@ulomonsti IF U R CHINESE THEN U SHOULD BE PROUD OF THE RISE OF CHINA! IT IS NOT THE TIME TO WORRY ABOUT SUSTAINABILITY of GROWTH! Psychology & morale of the Chinese people is much more important than GDP & other statistics! Its the Pride of CHinese that is driving its economy!
Don’t WORRY! There may be glitches but the outcome will still be the same, CHina will prevail! The next century or so is OURS FOR THE TAKING! 1
@ulomonsti Its NAIVE TO think that anything would LAST FOREVER! let alone the growth of CHina! China will eventually be DEVELOPED and become a FIRST WORLD NATION! it is just a matter of TIME!
Well, basically…
the China 4000-year history blah blah blah line gets old…
@popoTb I am CHinese as you. YOu don’t need to talk about these history lesson to me. The problem is that you are making long term trends to replace short-mid term risks. Yes, everyone knows we will be back to Mt Everest, but by HOW?
@popoTb BINGO! that further proved that Chinese economic growth is NOT sustainable in a healthy manner. Where are these fantasy imgainery domestic demands when you need them for structural adjustment?
@popoTb Yes, you say China is shifting. IS it that easy to type it in? It takes a LONG process to adjust that crap! Look at LOCAL governments, who cares if central gov gives orders? They simply come around another way to get over it! DIDn’t you see that??? DIDN”t you? The local governments simply REFUSED to take steps on industrial capacity adjustment, not to mention the difficulty of real estate sector. I am actually deeply worried about these provincial and municipal leaders.
@popoTb do you think Chinese government has a better idea than USA on how to deal with this economic bust? I DON”T THINK SO! They are as the same as the western “economists” who grew up reading “keynesian” debt-floating craps and Friedman money printers. AGAIN, you still don’t get what i said: NO ONE is exceptional from economic rules. Yes, China IS NOT communism. DID i say china IS communism NOW? I am saying CHINA MAY GO BACK to Commies simply to solve that regime turbulence!!! OH MY
Yes there will be one economy intact – the new global one, with no physical currency.
test case again…
“NO!! to carbon taxes” Who produces the most ‘carbon’? We collectively do. Tax the people!! Poor New Zealanders