Brevity is the soul of wit.

Submitted by Ianus (Poland), Aug 16, 2012 at 15:30

Doug wrote:

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

I will be even shorter now.

>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 You cannot rely on historical references to defend the reality of the system.<

I see. I must consult your opinion first.

>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.<

Does it apply to you too?

> 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.<

Russia embraced capitalism and it ruined her.Forced Capitalism in a country with no primitive accumulation of capital becomes inevitably robbers' and thieves' capitalism. China crushed its potential robbers and thieves and their third-world style capitalism on Tian Anmen Square.

> 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.<

Really ? If you are denied most means to feed, rear, educate and cure your children, will you be prone to have them ? It is how capitalism has virtually decimated and depopulated all Eastern Europe and Russia. Capitalism is a form of genocide perpetrated in velvet gloves!

>On the contrary, those countries lacking in these have the highest birth rate.<

And life expectancy of 40 years or less.

>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.<

Under communism your children get free education and health care and can have free vacations. Under capitalism they are doomed for eternal poverty and serfdom and lies of "freedom","democracy" and "human rights" ... for the 1% .

>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.<

Interesting where outside the "democratic" US 400 people have more wealth than 155 000 000 combined? Zimbabwe and Saudi Arabia?

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

And who says that , Mr. CIA?

>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.<

And how many of them are spies and secret agents ? Are you suggesting the Chinese take no precautions while sending people abroad? What happens to their families when their members refuse to return? Do they become dissidents too and flee to the US embassy in Peking ?

> 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.<

Which is what compared to the US plutocracy ?

> 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.<

Well, the short answer to your lengthy argument is that you have not the slightest idea how fraudulent and ruinous the Federal Reserve System is under which the US economy is being "legally" sucked dry by the greedy private banking cartel (the FRS) that creates money out of nothing and charges the public with a high interest on its fiat money at that ! The private owners of the Fed organized both the 1929 and 2008 crises to redistribute wealth upwards which they masterfully managed to do. The 1% has become much richer after the crisis than before it !

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