When the dollar crashes, setting off a spireling out of control chain of events, what

Re: When the dollar crashes, setting off a spireling out of control chain of events,

samsmart said:

5) Even the emerging middle class want reforms in China. Too many children of party and government leaders have been getting special treatment, especially when they break the law. There was one incident of the son of a local party leader killing someone while driving drunk. He said that nothing could be done because his father was so important. Word of this spread throughout China's blogosphere. So the middle class are just as agitated about corruption as those in rural areas are agitated that they are not prospering.

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More anecdotes. There is no "emerging middle class in china".

Re: When the dollar crashes, setting off a spireling out of control chain of events,

Matt Foley said:

There is no "emerging middle class in china".

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You for real?

Re: When the dollar crashes, setting off a spireling out of control chain of events,

samsmart said:

Ummmm, no.

It is, indeed, a one-party system, as the CCP ensures that only members of the CCP has any sway.

But because of that the CCP is, unofficially at least, much more diverse.

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yeaaaaha, it's a 1 party system, but NOT REALLY a 1 party system.

Imagine that the Republican Party is the only party allowed in the U.S. That doesn't mean that those who hold the values of the Democratic Party - environmental regulations, labor rights, public services, etc. - don't have a say in government. Rather, it means that they have to hold those values while members of the Republican Party, and they are their own faction within it.

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Comparisons with the Republican/Democrat Party, truly you are a globalist if you cannot see the difference between a Communist Authoritarian state and a Democratic-Representative one.

The fewer parties there are in a government system, the more diverse they must inherently be.

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Yeah the, "It's a 1-party that's NOT REALLY a 1-party," because it's China and I have my entire family invested in China so it must be good.

Re: When the dollar crashes, setting off a spireling out of control chain of events,

Jetboogieman said:

You for real?

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Another brainwashed by the globalist-media victim speaks.

Re: When the dollar crashes, setting off a spireling out of control chain of events,

Matt Foley said:

Doubt the "line of credit" will be much of a business practice once the dollar gets hairy, and it's not very long term.

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You chose the just one of the many. It's all factors together. Like when that business that sells the bulk of it's goods to Wal-Mart now has cash problems. They of course go to short term financing to cover their payroll etc. Of course at the same time the financial firms who have considerable assets that are valued in dollars have seen their balance sheets deteriorate. THEIR creditors aren't refinancing their short term debt because their creditors are now having balance sheet problems.

Just remember...it was President Bush's administration that stepped in and backed short term loans during the last financial crises. This was to faciliate that short term financing that trade depends on. Not only do you have a financial mess but the country that generally deals with problems on a global scale is now out of commission.

Re: When the dollar crashes, setting off a spireling out of control chain of events,

We'll just have to wait and see.

Re: When the dollar crashes, setting off a spireling out of control chain of events,

You know why people were taken completely by surprise by when the housing bubble collapsed?





Cause everyone thought it was simply higher than normal inflation, inflating like everything else inflated. You cannot measure inflation-adjusted for inflation.

Inflation adjusted for inflation sounds silly don't it.

Re: When the dollar crashes, setting off a spireling out of control chain of events,

Matt Foley said:

yeaaaaha, it's a 1 party system, but NOT REALLY a 1 party system.



Comparisons with the Republican/Democrat Party, truly you are a globalist if you cannot see the difference between a Communist Authoritarian state and a Democratic-Representative one.



Yeah the, "It's a 1-party that's NOT REALLY a 1-party," because it's China and I have my entire family invested in China so it must be good.

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So you're either purposefully being a troll or you're accidentally being a troll if that's what you're really getting out of my post.

Either way, you're a troll, and therefore I just won this debate.