Americans are deadly to capitalists!

[sookster]

Yes, there are about 10,000 companies [and about 100,000 accompanying personal tragedies] that go bankrupt every month in the holocaust of capitalism merely because they can't satisfy the often trivial whims of fickle and deadly consumers. Indeed, Americans are brutal and deadly to capitalists. If you doubt it try investing your life savings, try going into business to face the long odds against survival that every capitalist faces.

That's the way it is and should be. If a customer doesn't want to pay for a product or service, too bad. If anything, capitalists are deadly to Americans.

 

[Glen Contrarian]

If you have eyes when you go to China you see 12 new gleaming ultra modern cities each bigger than NYC filled with folks getting rich at a 6.7% growth rate per year!!. 1+1=2. Indeed the IMF and World bank have verified that when China switched to Republican capitalism they instantly eliminated 40% of all the poverty on earth in the greatest economic miracle of all time.

Ah. James972 now officially admires and supports a communist regime. Got it.

And he has no clue that maybe, just maybe the IMF and World Bank are basing their judgments on precisely what China told them...even when it was China's OWN government organ that said that the threshold for poverty is $360 USD per YEAR. Per freaking YEAR. But I guess as long as ol' James is hearing what he wants to hear, that's all that really matters....

 

[James972]

Ah. James972 now officially admires and supports a communist regime. Got it.

.

actually a communist regime buys up its industries while a capitalist one sells them off. Can you guess which one China is doing????

 

[James972]

And he has no clue that maybe, just maybe the IMF and World Bank are basing their judgments on precisely what China told them...

actually they do their own studies and independently verify the data from sources like Hollywood which is heavily involved in the movie industry and our auto industry which is heavily involved in their auto industry!! And of course we know exactly how much of our money and the world's money flows into China from exports. Sorry to rock your world!!

 

[Glen Contrarian]

actually they do their own studies and independently verify the data from sources like Hollywood which is heavily involved in the movie industry and our auto industry which is heavily involved in their auto industry!! And of course we know exactly how much of our money and the world's money flows into China from exports. Sorry to rock your world!!

One wishes you'd apply even half as much cynicism to the claims of communist China as you do to American liberals. Dude, the IMF and World Bank go on data that CHINA gives them.

$360 USD per YEAR is their threshold. I'd love to see you try to live on that over there!

But I guess that the blind trust that you are giving China (and by extension, the World Bank and IMF) are precisely why you trust Trump just as blindly.

 

[Glen Contrarian]

actually a communist regime buys up its industries while a capitalist one sells them off. Can you guess which one China is doing????

Really? Before I make a wild claim, I usually try to FIRST look to see if my claim is true. You should try that sometime.

Here's a list of government-owned companies and industries in China:

Central Government[edit]
Air China
Air China Cargo
Aluminum Corporation of China Limited
Angang Steel Company
Anhui Conch Cement Company
Anshan Iron & Steel Group Corporation
Aviation Industry Corporation of China
Bank of Beijing
Bank of China
Bank of Communications
Bank of Ningbo
Baosteel
Baotou Steel
BBMG
Beijing Capital International Airport Company Limited
Beijing Enterprises
Beijing Hualian Group
Beijing North Star
Beijing Urban Construction Investment Development
Beijing Yanjing Brewery
Chang'an Automobile Group
Changchun Film Group Corporation
Changchun Railway Vehicles
Changjiang Securities
Chengzhi Co., Ltd
Chery
Chihong Zinc and Germanium
China Agri-Industries Holdings
China Aviation Supplies Import and Export Group Corporation
China BlueChemical
China Central Television
China Coal Energy Company
China Communications Construction
China Communications Services Corporation
China Construction Bank
China Construction Design International
China COSCO
China Datang Corporation
China Eastern Airlines
China Energy Conservation Investment Corporation
China Foods Limited
China Guangfa Bank
China Guodian Corporation
China Huadian Corporation
China Huaneng Group
China International Marine Containers
China International Water & Electric Corporation
China Investment Corporation
China Life Insurance Company
China Machinery Engineering Corporation
China Merchants Bank
China Merchants Energy Shipping
China Merchants Group
China Merchants Holdings (International)
China Merchants Property
China Metallurgical Group Corporation
China Minmetals
China Mobile
China Molybdenum
China National Aero-Technology Import & Export Corporation
China National Aviation Corporation
China National Building Material Company
China National Chemical Engineering
China National Heavy Duty Truck Group
China National Materials Group Corporation
China National Offshore Oil Corporation
China National Petroleum Corporation
China National Refinery Corporation
China National Salt Industry Corporation
China Netcom
China Non-Ferrous Metal Mining
China Oilfield Services
China Overseas Land and Investment Limited
China Petrochemical Corporation
China Poly Group Corporation
China Power International Development
China Power Investment Corporation
China Precision Machinery Import-Export Corporation
China Railway
China Railway Construction Corporation
China Railway Engineering Corporation
China Railway Materials
China Resources
China Resources Cement
China Resources Enterprise
China Resources Gas
China Resources Land
China Resources Power
China Resources Shenzhen International Trust
China Resources Vanguard Shop
China Shenhua Energy Company
China Shipbuilding Industry Corporation
China Shipping Container Lines
China Shipping Development
China Shipping Group
China Southern Airlines
China Southern Power Grid Company
China State Construction Engineering
China State Shipbuilding Corporation
China Taiping
China Telecom
China Tietong
China Tobacco
China Travel International Investment Hong Kong
China Unicom
China United Coalbed Methane Corporation
ChinaCoal
Chongqing Iron and Steel Company
Chunlan Group
CITIC Group
CITIC Guoan
CITIC International Financial Holdings Limited
CITIC Pacific
CITIC Resources
CITIC Securities
COFCO Group
Complant
COSCO
COSCO (Hong Kong) Group
COSCO International Holdings
COSCO Pacific
CSG Holding
Dalian Port (PDA) Company
Daqin Railway Company Limited
Datang International Power Generation Company
Datang Telecom
Datong Coal Industry Company Limited
Datong Coal Mining Group
Denway Motors
Dongfang Electric
Dongfeng Motor
Everbright
Everbright Securities
FAW Car Company
FAW Group
Financial Street Holding
Flying Pigeon
Founder Group
Founder Technology
Franshion Properties
Fushun Mining Group
Fushun Petrochemical Company
GAC Group
GD Power Development Company
Great Wall Wine
Gree Electric
Guangdong Investment
Guangdong Rising Asset Management
Guangshen Railway Company
Guangzhou Automobile Industry Group
Guangzhou Shipyard International
Guangzhou Zhujiang Brewery Group
Guosen Securities
GZI Transport

 

[Glen Contrarian]

actually a communist regime buys up its industries while a capitalist one sells them off. Can you guess which one China is doing????

Really? Before I make a wild claim, I usually try to FIRST look to see if my claim is true. You should try that sometime.

Here's a list of government-owned companies and industries in China:

(continued from previous post)

Haier
Hainan Airlines
Haitong Securities
Hansteel
Harbin Aircraft Industry Group
Harbin Power Equipment
Hebei Iron and Steel
Hisense
Hu Qing Yu Tang
Hua Xia Bank
Huadian Power International
Huaibei Coal Mining Group
Huainan Coal Mining Group
Huaneng Power International
Hunan Nonferrous Metals
Hunan Valin Steel
Industrial and Commercial Bank of China
Industrial Bank Co.
Inspur
IRICO
Jiangsu Expressway Company
Jiangxi Copper
Jilin Aodong Medicine
Jinchuan Group
Jinjiang International
Jizhong Energy
Kingway Brewery
Kunlun Energy
Kweichow Moutai Company
Legend Holdings
Liaoning Chengda
Long March Launch Vehicle Technology
Longyuan Power
Luoyang Glass
Luzhou Laojiao
Maanshan Iron and Steel Company
Magang (Group) Holding Company
Minerals and Metals Group
Ming An Holdings
Minmetals Development
Ng Fung Hong
Norinco
Panzhihua Iron and Steel
Panzhihua New Steel and Vanadium
People's Insurance Company of China
PetroChina
Phoenix (bicycles)
Poly Property
Poly Real Estate
Qinghai Salt Lake Potash
Road and Bridge Construction
SAIC Motor
Sanyuan Group
State Development & Investment Corporation
Shandong Energy
Shandong Gaosu Group
Shandong Steel
Shanghai Construction Group
Shanghai Electric
Shanghai Film Group Corporation
Shanghai Industrial Holdings
Shanghai International Group
Shanghai International Port (Group)
Shanghai Oriental Pearl (Group)
Shanghai Petrochemical
Shanghai Pudong Development Bank
Shanghai Pudong International Airport
Shanxi Coking Co.
Shenergy Group
Shenhua Group
Shenzhen Development Bank
Shenzhen Energy
Shenzhen International Holdings
Shenzhen Investment
Shenzhen Overseas Chinese Town Holding Company
Shenzhen Zhongjin Lingnan Nonfemet Company
Shougang Concord International
Shougang Corporation
Sichuan Airlines
Sichuan Lantian Helicopter Company Limited
Sino-Ocean Land
Sinochem Group
Sinofert Holdings
Sinohydro
Sinoma
Sinomach
Sinopec
Sinopharm
Sinosteel
Sinotrans
Sinotrans Shipping
Sinotruk (Hong Kong)
State Grid Corporation of China
State-owned Assets Supervision and Administration Commission
SVA Group
Tangsteel
Tianjin Development
Tianjin Port Development
Tianjin Port Holdings
Tianjin Teda Company
Tongling Nonferrous Metals
Tongrentang
Tsinghua Tongfang Company
Weichai Power
WIETC
Wuhan Iron and Steel
Wuliangye
XD Group
Xi'an Aircraft Industrial Corporation
Xi'an Aircraft International Corporation
Xinhua Bookstore
Xinjiang Chalkis Co.Ltd
Xinjiang Production and Construction Corps
Xinjiang Xinxin Mining Industry Company
Xishan Coal and Electricity Power
Yankuang Group
Yanzhou Coal Mining Company
Yili Group
Yizheng Chemical Fibre
Yuexiu Property
Yunnan Baiyao
Yunnan Copper
Yunnan Tin
Zhaojin Mining
Zhejiang Expressway Company
Zhenhua
Zhuzhou CSR Times Electric Co., Ltd.
Zhuzhou Electric Locomotive Co., Ltd.

 

[James972]

Really? Before I make a wild claim, I usually try to FIRST look to see if my claim is true. You should try that sometime.

Here's a list of government-owned companies and industries in China:

(continued from previous post)

Haier
Hainan Airlines
Haitong Securities
Hansteel
Harbin Aircraft Industry Group
Harbin Power Equipment
Hebei Iron and Steel
Hisense
Hu Qing Yu Tang
Hua Xia Bank
Huadian Power International
Huaibei Coal Mining Group
Huainan Coal Mining Group
Huaneng Power International
Hunan Nonferrous Metals
Hunan Valin Steel
Industrial and Commercial Bank of China
Industrial Bank Co.
Inspur
IRICO
Jiangsu Expressway Company
Jiangxi Copper
Jilin Aodong Medicine
Jinchuan Group
Jinjiang International
Jizhong Energy
Kingway Brewery
Kunlun Energy
Kweichow Moutai Company
Legend Holdings
Liaoning Chengda
Long March Launch Vehicle Technology
Longyuan Power
Luoyang Glass
Luzhou Laojiao
Maanshan Iron and Steel Company
Magang (Group) Holding Company
Minerals and Metals Group
Ming An Holdings
Minmetals Development
Ng Fung Hong
Norinco
Panzhihua Iron and Steel
Panzhihua New Steel and Vanadium
People's Insurance Company of China
PetroChina
Phoenix (bicycles)
Poly Property
Poly Real Estate
Qinghai Salt Lake Potash
Road and Bridge Construction
SAIC Motor
Sanyuan Group
State Development & Investment Corporation
Shandong Energy
Shandong Gaosu Group
Shandong Steel
Shanghai Construction Group
Shanghai Electric
Shanghai Film Group Corporation
Shanghai Industrial Holdings
Shanghai International Group
Shanghai International Port (Group)
Shanghai Oriental Pearl (Group)
Shanghai Petrochemical
Shanghai Pudong Development Bank
Shanghai Pudong International Airport
Shanxi Coking Co.
Shenergy Group
Shenhua Group
Shenzhen Development Bank
Shenzhen Energy
Shenzhen International Holdings
Shenzhen Investment
Shenzhen Overseas Chinese Town Holding Company
Shenzhen Zhongjin Lingnan Nonfemet Company
Shougang Concord International
Shougang Corporation
Sichuan Airlines
Sichuan Lantian Helicopter Company Limited
Sino-Ocean Land
Sinochem Group
Sinofert Holdings
Sinohydro
Sinoma
Sinomach
Sinopec
Sinopharm
Sinosteel
Sinotrans
Sinotrans Shipping
Sinotruk (Hong Kong)
State Grid Corporation of China
State-owned Assets Supervision and Administration Commission
SVA Group
Tangsteel
Tianjin Development
Tianjin Port Development
Tianjin Port Holdings
Tianjin Teda Company
Tongling Nonferrous Metals
Tongrentang
Tsinghua Tongfang Company
Weichai Power
WIETC
Wuhan Iron and Steel
Wuliangye
XD Group
Xi'an Aircraft Industrial Corporation
Xi'an Aircraft International Corporation
Xinhua Bookstore
Xinjiang Chalkis Co.Ltd
Xinjiang Production and Construction Corps
Xinjiang Xinxin Mining Industry Company
Xishan Coal and Electricity Power
Yankuang Group
Yanzhou Coal Mining Company
Yili Group
Yizheng Chemical Fibre
Yuexiu Property
Yunnan Baiyao
Yunnan Copper
Yunnan Tin
Zhaojin Mining
Zhejiang Expressway Company
Zhenhua
Zhuzhou CSR Times Electric Co., Ltd.
Zhuzhou Electric Locomotive Co., Ltd.

hasn't it occured to you by now that you're always wrong???? The only thing you are contrary to is the obvious truth!!


Here are 3 of the latest books with which to begin your education on China:

"Capitalism With Chinese Characteristics"

"How China Became Capitalist"

In his new book titled Markets over Mao: The rise of private businesses in China, Lardy argues that even though SOEs still enjoy monopoly positions in some key sectors in China, such as energy and telecommunications, their role in the overall economy has diminished significantly over the years. Here are some of the facts he presents to back his thesis: in 2011, China’s state-controlled firms only accounted for about a quarter of the country’s industrial output; and their share in exports has dropped to about 11% today; in 2012, state firms were only responsible for about one-tenth of fixed investment in manufacturing. And in terms of employment, SOEs employed about 13% of China’s labor force in 2011, a dramatic decline compared with the 60% figure recorded in 1999.