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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Hi Moorookamick and Kingpins and any othersinterested.

As I understand things China at least makes some very long-termplans unlike our western politicians.

I read recently that the Chinese government using amix of communism and Capitalism has moved around 800M people out of agrarian povertyand into working- and middle-class lifestyles. Personally, I see that as adecent achievement in one generation.

Over recent years many western governments have managedto take large sections of their working- and middle-class citizens back intopoverty. This is evident here in the UK with the current fiscal crisis,mortgage interest rates heating and power and fuel costs. The nightly newstalks of people having to decide if they eat or heat, charitable food banks areinundated, and Doctors here are seeing problems such as rickets and otherailments not seen since Charlie Dickens penned his last book.

I am sure no one wishes to see rioting on their streets;however, it is not hard to understand that some people are growing angry and asusual venting this anger at the wrong groups of people.

Many on these threads like me will remember paying18-19% mortgage rates younger mortgage holders are hoping to see rates normalizeunder 5% in the UK. Many of the baby boomer vintage think that interest ratesof 8-10% are closer to normal.

I guess the substantial difference from me paying 18%in the past was the fact that I was not borrowing £300,000.00 to buy a houseback in the eighties.

I am not sure if we will see the kind of workingtogether spirit or a western politician make anything other than a 3-4 year planand personally I think that’s a shame particularly as I am aware of what can beachieved when people pull together for the greater good in a single generation.

Ken Loach in my opinion does an excellent job ofexplaining what can be achieved by one generation in his documentary: TheSpirit of forty-five.

thespirit of 45 full movie - Google Search

Fortunately, I have enjoyed the benefits afforded meby the previous generation as have many baby boomers and I am not so sure thecurrent every man for himself is working so well.

Cheers all.