The trend continues

Submitted by Doug (United States), Aug 13, 2012 at 12:00

I can see how concise your response was, thanks for the introduction.

I have quantified my responses a lot more than what I've seen from you. You cannot rely on historical references to defend the reality of the system.

NO! Anyone can make a true statement, but use it for a wrong conclusion. One truth does not mean everything else is true, or could be recourse for a justification.

Russia collapsed due to the failure of the communist model, which China had recognized before the collapse of the USSR, thus the reason to move to capitalism. At which point they became at best a right wing dictatorship, but they behave more like a fascist state.

Again, you still haven't been able to explain to me why my theory in judging a country is wrong? Population growth has nothing to do with economic, social, or political stability. On the contrary, those countries lacking in these have the highest birth rate. With the only aberration being the communist states which have lower birth rate than most of the west... I guess it's not worth having kids, when there is no future.

Nice study, nothing new to me. no different than any communist country. Where the few bourgeois deal amongst themselves, and are only allowed enjoy the the fruits. Not the population that they embargo.

SO TYPICAL from the communists, since you cannot defend the position you attack it. I bow my head to no man, Mr. KGB.

Now I'm a big mouth, look at the number of Chinese students in the US who finish their school and don't go back. Since they were in the country using a student a visa, once the grace period expires you are an illegal. I guess you also don't read the news about the number of illegal Chinese trying to enter the US via containers that are either captured, or found dead. That speaks volumes in itself; they are willing to die rather live under the oppressive slave masters. Another interesting statistic I read over the weekend is that the "newly made" rich class over the last ten or so years is leaving China, both monetarily and as individuals.

The cause for the worldwide crisis was the social policies instituted by the US and Europe, and the greed of the Chinese. If you would've read my response correctly you would've noticed that I said the financial institutions exploited the situation. This practice has not been addressed since hedging is still the biggest exposure worldwide. Right now it is estimated that there is 1.2 quadrillion hedged on different futures. They all got greedy and over exposed themselves; some got saved others completely failed. This trend will continue specially in Europe and you will begin seeing it in China due to all the bad loans to local governments. Europe is cooked, China can only cook the books for so long, and the US cannot correct its economic condition via monetary policy alone, it will need structural change as well as all of the pre-mentioned areas/countries.

I guess you haven't kept up with recent trends; China has curtailed buying US debt. Most of the buyers are now other investors. In reality the US should've been in inflation by now due to the monetary policies, but instead people are buying up the dollar in high amounts. The reason is the uncertainty in other countries economic stability. This trend will continue until the dollar is the last standing currency of the present safe ones. This is the reason why you have had historical low yields in US bonds.

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