chinese currency on its way!, page-39

yes all the Chinese central planners are infallible geniuses. Who needs a free market when you have party central planning. The central planning geniuses will print money and take over the economic world . They will expand credit year on year faster than any country, they will build massive infrastructure all based who gives them the largest brown envelope. They will challenge the US militarily with only 10% of the budget. The will replace the worlds reserve currency despite not having the support of a single G20 nation.

People get so hooked up in their anti American ravings they forget to ease up on the Kool Aid. I am not a great fan of American forgin policy or their system of government but those seeing China as somehow having a better system are smoking weed.

In about 10 years the entire Chinese population starts to hit some pretty serious age demographic issues, no country in the world has prospered under a 1 child per family system. its the worst demographic time bomb in the history 0f civilization

You lose your tax base very quickly when the old people outnumber the young people so signficantly , add to this the weight of males to females and eventually you destroy the demographic base thats required to maintain a healthy economy..

Chairman Hu is much much much dumber than Bernanke will ever be. What China is doing is beyond stupid in the long term. They are building an economy that will implode quicker than any before in history, much is written about the number of people in the market, with these policies and the massive population size you create massive imbalances that are very hard to ever be able to address.