Chinese Economic demise..Wishful US Thinking?

Originally posted by kingpins: ↑

Hi Mick

I have never been to China so can only comment on what I observe from here
1/ No system is ever perfect and I read from your posts that you believe that the China system is perfect so that brings in a question of reality on your part
2/ From my perspective I see the results of the continual world domination plans of China and the apparent lack of care for their people by putting war mongering and domination above providing for their people.
You can only spend money once either the people or war !

The attitude of China to HongKong and it's gradual destruction to get it firmly under total CCP control. Impending war with Taiwan instead of mutual cooperation, these are signs that do not show a good caring country or government

So everything I observe is that all political systems fail when dictators forget what their job is and they have no "sheriff" in the system to drag them back to reality and to their core reason for existence

We have unfortunately in the Western World a plethora of basically fascist run governments, and I know that fascism is supposed to be far right organizations but in reality far left and far right governments are the same thing

We no longer have free capitalist societies in the USA, UK or Australia

The only way IMHO to fix any of the systems is to introduce systems that curb the unmitigated greed of politicians and make it impossible for them to put the country and it's people at risk just to satisfy what is their own personal power play with OPs money

Direct Democratic Government (as per the Swiss system ) and the recall election

https://consoc.org.uk/the-constitution-explained/direct-democracy/

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IMO 'pins you are not seeing both sides impartially but
instead via your pro-western perspective.

There is no ideal society so long as human nature remains
as is, so the best that cam be done re societal structures is
to have a system that is what is considered the best possible.

Since 1917 there has been conflict between socialism
and capitalism with the current compromise being the Welfare State.

I guess the best entry point into this is to agree on whether freedom or
equality ought to be the primary guiding value.. Both the USA and China
struggle with that at present with the US favouring freedom while China
favours equality.....or so they say.

Yet when one looks at both regimes , neither know whether they are Arthur or Martha.

The US has a preamble to its constitution "

IMO this is a loaded/comflicted statement because having lived and worked
in the USA albeit for 2 years, there was very little sign that God was creating
Americans and even less that they were being 'created" (I prefer born) equal.
And any US junkie will tell you that he/she does not have an unalienable right
to pursue happiness by shooting up! And of course the US Legal/Judicial
system is in direct conflict with the purported US citizen's right to Liberty.

Of course one could do a similar critique of China's "Socialism with Chinese Characteristics"

But of course this thread is all about economics ie: will we have a Chinese economic demise
or is that just wishful US thinking.

One does not have to be Einstein to notice that China has more $Billionaires in (USD)
that that of the USA while it professes "equality" as its primary guiding value. IMO
this is why the Xi regime has clamped down on corruption/tax evasion in order
to demonstrate to the vast majority that the CCP is taking its ideology seriously.

So I guess the big question is: "Can the US adapt to a rapidly changing /hi-tech
disruptive world better than China"? IMO China sue to its command economy
can react more quickly to disruptive change than the USA and that was
demonstrated during the GFC.

And of course China behaved differently to Covid vs that of the USA.
Ironically China put peoples health (save lives) before economics
by comprehensively "locking down" for over 2 years while the US
prioritised economics as evidenced by its massive Covid death toll.

One would have expected that it would have been the other way around...eh?