Chinese Economic demise..Wishful US Thinking?, page-89

  1. 23,169 Posts.
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    That's peanuts mate given the size of China

    Dominoes are closing down 20 stores in Aus
    which if scaled up to that of China would mean
    1000 Dominoes stores......but we dont realistically think
    that this evidence of Aus going down the tube as your post
    re China seems to imply

    In the western capitalist system the business cycle is 12 years which
    means within that period there will be mini highs and mini lows
    with many business closures and start-ups,
    but we dont say that our capitalist system is going down the gurgler
    because of that is silly at best.......even when we had the Great Depression ,
    various recessions in the interim including the US induced GFC,
    we didn't say that Capitalism/Free Market Economy was buggered
    and it needed fundamental change...ie: to socialism.

    "Domino's Pizza to closealmost 100 stores,including Australianstores,"(7 News)
 
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