To quote you DopeyThe Chinese are international players and the...

To quote you Dopey

The Chinese are international players and the rest of the world better get used to it! And so is Russia, India, Iran and others.

What is clear - the last bastion of the 2 global hegemonies is not agriculture, not technology, not population growth, not military capability, not political ism, but the financial system - i.e, the payment system which can be turned on and off at will.

And this MUST be the priority to all emerging powers if they don't want to be financially raided and raped.
end quote


We have all heard think global act local,that's fine but not when you have a system that has dodgy accounting and a massive black economy like China does, yes India is the same and a few others



I don't disagree that China is an international player and as you stated Russia,India etc.,

The payment system?,hmmm to me is like a virtual casino or almost bordering onto it. Take us in Australia that it is being voiced that we need to more productive in the economy,well seeing that there are only certain hours in the day,and we have a triple rating supposedly depending who tells us,and the economic wizards in the IMF and other fat cat parasites organistions come to Australia giving us a advice (Yellen and the Eu bank boss) to Hockey it makes you wonder with the goal posts moving all the time do they know what they're doing.

The priority I agree 100% AND that is why I am annoyed with all this argie bargie of moving billions of dollars that we would take years to accumulate,these countries China especially just go and do it and stuff up a good part of the economy or probably over indulge in a sector like buiLding empty cities and then can't fill them!?

This is economic immaturity just like India,and when you look at their social systems of India and China it goes to heart of the matter,the social status of the ordinary person doesn't change for the masses at the bottom of the social scale.

SO here is the question how was and is it done in Australia in the past and what has been the milestone points since we deregulated.?

imo, I don't care about bloody China,Australia is like the little corner store competing against big multi corporations from dodgy Chinese government backed companies and big american corporations that have the economic prowess to wipe us out overnight,you know the Coles-Woolworths analogy.

So in a nutshell I see our nearest neighbours Indonesia,Malaysia Singapore Vietnam Japan etc as our niche market,we do this well and THEN those big economies will see that we are more and better equipped to wear their economic onslaught WHEN that comes to challenge us, that's the way.

Play with the same rules that we have hear in Australia and you wouldn't have a Chinese economic minister it would be an Australian running the economy in China LOL.