Chinese TV Host Says Regime Nearly Bankrupt | |
Resister User ID: 669410 United States 11/15/2011 11:55 AM Report Abusive Post Report Copyright Violation | Not hard to imagine China's GDP going down. The people with the most disposable money who buy most of their stuff (USA) have been in recession and buying less for the past 3 years. China has a billion people. A BILLION! Most of them are dirt poor and now the productive ones are losing buisiness. Traditionally, this does not look good for the Chinese people. Chairman Mao killed millions of Chinese people through government policies that resulted in starvation on purpose and even out right murder. The government countrols everything in that country. If they want to reduce the "surplus population" just to streamline their economy, they will. Last Edited by Resister on 11/15/2011 01:55 PM "God forbid we should ever be 20 years without such a rebellion. The people cannot be all, & always, well informed... If they remain quiet under such misconceptions it is a lethargy, the forerunner of death to the public liberty... Let them take arms... What signify a few lives lost in a century or two? The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. " - Thomas Jefferson in 1787 |
Anonymous Coward User ID: 5266819 United States 11/15/2011 11:55 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1460682 United States 11/15/2011 12:21 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 5428802 United States 11/15/2011 12:27 PM Report Abusive Post Report Copyright Violation | The source audio is also embedded on this page. --- Strange how China and America seem to be more and more similar as time goes on. Thanks OP! Why is it strange? We're both human. Our only difference is our language. Other than that, we both feel and think the same way. |
BRIEF User ID: 381742 United States 11/15/2011 12:28 PM Report Abusive Post Report Copyright Violation | I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 5432393 United States 11/15/2011 12:28 PM Report Abusive Post Report Copyright Violation | |
MARTIAL LAW User ID: 1282080 United States 11/15/2011 12:30 PM Report Abusive Post Report Copyright Violation | I believe it. In Asian cultures "saving face" is everything. You never want to look weak, unless you are actually very strong and confusing your enemy. They are doing the opposite. Appearing strong to mask their weakness. China hard-landing coming soon. :martiallaw4: “The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.” Isaiah 43:2 When you pass through the waters, I will be with you; and when you pass through the rivers, they will not sweep over you. When you walk through the fire, you will not be burned; the flames will not set you ablaze. Ecclesiastes 12:14 For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil. ~9/11 Was An Inside Job! |
Dr Doom User ID: 5399704 United States 11/15/2011 12:32 PM Report Abusive Post Report Copyright Violation | ______________ Quote: " Strange how China and America seem to be more and more similar as time goes on. " ______________ That's what happens when nations are financially joined at the hip... USA/CHINA/EU... when one falls, they all fall. Now ask yourself, whose interest does it serve for all these to fall. . __________ ____ |
Anonymous Coward User ID: 5110867 United States 11/15/2011 12:35 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 270625 United States 11/15/2011 12:36 PM Report Abusive Post Report Copyright Violation | The source audio is also embedded on this page. --- Strange how China and America seem to be more and more similar as time goes on. Thanks OP! Why is it strange? We're both human. Our only difference is our language. Other than that, we both feel and think the same way. |
Dr Doom User ID: 5399704 United States 11/15/2011 12:36 PM Report Abusive Post Report Copyright Violation | __________ Quote: " You never want to look weak, unless you are actually very strong and confusing your enemy. They are doing the opposite. Appearing strong to mask their weakness. China hard-landing coming soon. " __________ Sun Tzu = when strong feign weakness... and vice versa. Australia will be hit hard when China falls. . __________ ____ |
Kybeam User ID: 1559694 United States 11/15/2011 12:37 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 5435925 United States 11/15/2011 12:40 PM Report Abusive Post Report Copyright Violation | My reply. First of all, this will be the last time you hear about this guy. He will soon vanish under sketchy circumstances. Second, who in the world couldn't see what China has been up to all these years? Do you think they followed the Capitalist model to get rich and be like America? Of course not. They played the fiat-currency banking game to harness economic power for one purpose and one purpose only: power through military might. To (probably inaccurately) quote Mao, "All political power comes from the barrel of a gun." They've got what they came for. |
Brave Coward User ID: 5385971 United States 11/15/2011 12:41 PM Report Abusive Post Report Copyright Violation | Fifthly, that taxes are too high. Last year, the taxes on Chinese businesses (including direct and indirect taxes) were at 70 percent of earnings. The individual tax rate sits at 81.6 percent, Lang said. Quoting: (:-DeeZe Once the “economic tsunami” starts, the regime will lose credibility and China will become the poorest country in the world, Lang said. rest at link ..and we complain about taxes... |
Dr Doom User ID: 5399704 United States 11/15/2011 12:43 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1460682 United States 11/15/2011 12:50 PM Report Abusive Post Report Copyright Violation | The source audio is also embedded on this page. --- Strange how China and America seem to be more and more similar as time goes on. Thanks OP! Why is it strange? We're both human. Our only difference is our language. Other than that, we both feel and think the same way. I disagree that the only difference is language. China is communist and starting to use capitalist tactics while, America is capitalist and starting to use communist tactics. |
Epic Beard Guy User ID: 1079209 United States 11/15/2011 12:51 PM Report Abusive Post Report Copyright Violation | Some credible sources have been saying China's economy is going sour for a year or more. This could be America's saving grace. When Barry finishes destroying our economy, China will not be in a position to capitalize on our moment of weakness. I don't think Russia will be ready either. The muslim world could be the big worry. A few million angry goat herders looking to kill all the infidels could get ugly. Of course, the problem for them would be the millions of guns in civilian hands throughout the heartland. The emperor of Japan had it right when he said he would never invade America because there would be gun behind every blade of grass. Hope for the best, but prepare for the worst. "America is at that awkward stage. It's too late to work within the system, but too early to shoot the bastards." -- Claire Wolfe |
mrroy User ID: 1476070 United States 11/15/2011 12:57 PM Report Abusive Post Report Copyright Violation | The source audio is also embedded on this page. --- Strange how China and America seem to be more and more similar as time goes on. Thanks OP! Why is it strange? We're both human. Our only difference is our language. Other than that, we both feel and think the same way. +1 We are NOT the same at all. No friggin way. You go live with them. we're here to go |
Anonymous Coward User ID: 2085780 Puerto Rico 11/15/2011 01:04 PM Report Abusive Post Report Copyright Violation | [link to www.theepochtimes.com] Quoting: (:-DeeZe China’s economy has a reputation for being strong and prosperous, but according to a well-known Chinese television personality the country’s Gross Domestic Product is going in reverse. Larry Lang, chair professor of Finance at the Chinese University of Hong Kong, said in a lecture that he didn’t think was being recorded that the Chinese regime is in a serious economic crisis—on the brink of bankruptcy. In his memorable formulation: every province in China is Greece. Lang’s assessment that the regime is bankrupt was based on five conjectures. Firstly, that the regime’s debt sits at about 36 trillion yuan (US$5.68 trillion). This calculation is arrived at by adding up Chinese local government debt (between 16 trillion and 19.5 trillion yuan, or US$2.5 trillion and US$3 trillion), and the debt owed by state-owned enterprises (another 16 trillion, he said). But with interest of two trillion per year, he thinks things will unravel quickly. Secondly, that the regime’s officially published inflation rate of 6.2 percent is fabricated. The real inflation rate is 16 percent, according to Lang. Thirdly, that there is serious excess capacity in the economy, and that private consumption is only 30 percent of economic activity. Lang said that beginning this July, the Purchasing Managers Index, a measure of the manufacturing industry, plunged to a new low of 50.7. This is an indication, in his view, that China’s economy is in recession. Fourthly, that the regime’s officially published GDP of 9 percent is also fabricated. According to Lang’s data, China’s GDP has decreased 10 percent. He said that the bloated figures come from the dramatic increase in real estate development each year (accounting for up to 70 percent of GDP in 2010). Fifthly, that taxes are too high. Last year, the taxes on Chinese businesses (including direct and indirect taxes) were at 70 percent of earnings. The individual tax rate sits at 81.6 percent, Lang said. Once the “economic tsunami” starts, the regime will lose credibility and China will become the poorest country in the world, Lang said. rest at link Totaly true , If their US customers cant work they cant buy their cheap shit , one thing brings the other , they kill competence competence goes out of bussiness the workers loose their jobs and cant even buy cheap wallmart shit, the number of factorys closing in china are 500 per month average, they saturated the markers killing the economy .. next stage (WAR) .. |
Anonymous Coward User ID: 5437505 Malaysia 11/15/2011 01:06 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 3919151 United States 11/15/2011 01:09 PM Report Abusive Post Report Copyright Violation | The source audio is also embedded on this page. --- Strange how China and America seem to be more and more similar as time goes on. Thanks OP! Why is it strange? We're both human. Our only difference is our language. Other than that, we both feel and think the same way. You think language is the only difference... WRONG. Watch this in it's entirety starting at 1:00 min into it and you will never be the same. This small look from a security camera shows you the average Chinese citizen. Fast forward to 1:00min into it. Thread: China - 2 yo girl runned over by car dying when nobody gives a single duck |
Anonymous Coward User ID: 3777241 United States 11/15/2011 01:17 PM Report Abusive Post Report Copyright Violation | |
Shogu666 User ID: 1217094 Poland 11/15/2011 01:37 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 5386496 China 11/15/2011 01:38 PM Report Abusive Post Report Copyright Violation | 此消息是帶給你由塔維斯托克 像制作神是塔维斯托克洗脑和宣传研究所的前面。贾森卢卡斯或三位一体是玩弄你的头脑。 |
Anonymous Coward User ID: 4306529 Hong Kong 11/15/2011 01:51 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1291849 United States 11/15/2011 01:51 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 4306529 Hong Kong 11/15/2011 01:54 PM Report Abusive Post Report Copyright Violation | Not hard to imagine China's GDP going down. The people with the most disposable money who buy most of their stuff (USA) have been in recession and buying less for the past 3 years. China has a billion people. A BILLION! Most of them are dirt poor and now the productive ones are loosing buisiness. Quoting: Resister Traditionally, this does not look good for the Chinese people. Chairman Mao killed millions of Chinese people through government policies that resulted in starvation on purpose and even out right murder. The government countrols everything in that country. If they want to reduce the "surplus population" just to streamline their economy, they will. You don't know anything about China so why bother trying to fake it. It makes you sound like a buffoon to anyone in the know. |
Anonymous Coward User ID: 4306529 Hong Kong 11/15/2011 01:58 PM Report Abusive Post Report Copyright Violation | My reply. Quoting: Anonymous Coward 5435925 First of all, this will be the last time you hear about this guy. He will soon vanish under sketchy circumstances. Second, who in the world couldn't see what China has been up to all these years? Do you think they followed the Capitalist model to get rich and be like America? Of course not. They played the fiat-currency banking game to harness economic power for one purpose and one purpose only: power through military might. To (probably inaccurately) quote Mao, "All political power comes from the barrel of a gun." They've got what they came for. China currently employs what can only be described as Capitalism on steroids. Again, most of you have very little clue about China outside of the junk you read from headlines. China played the grow your middle class via industry game just like the U.S did many moons ago, and like the rest of the emerging world is doing. Like I said to several people already in this thread, most of you have no idea what you are talking about when it comes to China, the Chinese people, its relationship with its neighbors, and a whole host of other issues. |
Anonymous Coward User ID: 4306529 Hong Kong 11/15/2011 02:00 PM Report Abusive Post Report Copyright Violation | Some credible sources have been saying China's economy is going sour for a year or more. This could be America's saving grace. When Barry finishes destroying our economy, China will not be in a position to capitalize on our moment of weakness. I don't think Russia will be ready either. The muslim world could be the big worry. A few million angry goat herders looking to kill all the infidels could get ugly. Of course, the problem for them would be the millions of guns in civilian hands throughout the heartland. The emperor of Japan had it right when he said he would never invade America because there would be gun behind every blade of grass. Quoting: Epic Beard Guy What Islamic Fundamentalist Nation would be a risk of an invading force for the U.S in your utter and absolute fantasy world? |
WOMAN WHO RUNS W/ WOLVES User ID: 5311156 United States 11/15/2011 02:01 PM Report Abusive Post Report Copyright Violation | [link to www.theepochtimes.com] Quoting: (:-DeeZe China’s economy has a reputation for being strong and prosperous, but according to a well-known Chinese television personality the country’s Gross Domestic Product is going in reverse. Larry Lang, chair professor of Finance at the Chinese University of Hong Kong, said in a lecture that he didn’t think was being recorded that the Chinese regime is in a serious economic crisis—on the brink of bankruptcy. In his memorable formulation: every province in China is Greece. Lang’s assessment that the regime is bankrupt was based on five conjectures. Firstly, that the regime’s debt sits at about 36 trillion yuan (US$5.68 trillion). This calculation is arrived at by adding up Chinese local government debt (between 16 trillion and 19.5 trillion yuan, or US$2.5 trillion and US$3 trillion), and the debt owed by state-owned enterprises (another 16 trillion, he said). But with interest of two trillion per year, he thinks things will unravel quickly. Secondly, that the regime’s officially published inflation rate of 6.2 percent is fabricated. The real inflation rate is 16 percent, according to Lang. Thirdly, that there is serious excess capacity in the economy, and that private consumption is only 30 percent of economic activity. Lang said that beginning this July, the Purchasing Managers Index, a measure of the manufacturing industry, plunged to a new low of 50.7. This is an indication, in his view, that China’s economy is in recession. Fourthly, that the regime’s officially published GDP of 9 percent is also fabricated. According to Lang’s data, China’s GDP has decreased 10 percent. He said that the bloated figures come from the dramatic increase in real estate development each year (accounting for up to 70 percent of GDP in 2010). Fifthly, that taxes are too high. Last year, the taxes on Chinese businesses (including direct and indirect taxes) were at 70 percent of earnings. The individual tax rate sits at 81.6 percent, Lang said. Once the “economic tsunami” starts, the regime will lose credibility and China will become the poorest country in the world, Lang said. rest at link I am not surprised I always thought the China story was just that a story. They have no clean water. Pollution is extreme and too many poor uneducated people. China is part of the scam. The process has begun |