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Old 12-13-2012, 10:05 AM
 
Location: Portland, OR
8,802 posts, read 8,864,925 times
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Quote:
Originally Posted by Winter_Sucks View Post
Has China grew its economy by using conservative or liberal economic policies?
Nice bait.
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Old 12-13-2012, 10:10 AM
 
2,043 posts, read 2,891,356 times
Reputation: 1546
Quote:
Originally Posted by BigJon3475 View Post
It's moved slightly from complete authoritarian to slightly free market. They're completely obliterating you in the market place because of that. that's what 1.3 billion people's idea unleashed will do.

And here you are poised to go directly to authoritarian while not passing Go.

I simply have to laugh at you and your ilk from your gross negligence.

If China went full on capitalist property theory and total free market -- free trade they would simply wipe you off the map.

Thankfully they're as rigid in their ideologies as you are in yours.
China is "completely obliterating" the US due to artificially keeping the RMB exchange rate down; loads of extremely cheap labor; and lack of evironmental and jurisprudence controls on businesses. All of which are more than likely unsustainable.

China is more Hayekian than Austrian.

The US is nowhere near authoritarian, no matter how loudly anonymous internet provocateurs like to spew hyperbole. In fact, the US is less authoritarian than it was, say, 50 or 60 years ago.
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Old 12-13-2012, 11:14 AM
 
8,263 posts, read 12,157,334 times
Reputation: 4799
Obliterate = smaller GDP, less productive, less efficient?
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Old 12-13-2012, 11:16 AM
 
Location: Great State of Texas
86,052 posts, read 84,155,108 times
Reputation: 27718
Quote:
Originally Posted by Winter_Sucks View Post
Has China grew its economy by using conservative or liberal economic policies?
Neither. They use capitalistic policies. They go in with trade deals.
China is communistic with capitalism slowly seeping it's way in.
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Old 12-13-2012, 11:17 AM
 
Location: Great State of Texas
86,052 posts, read 84,155,108 times
Reputation: 27718
Quote:
Originally Posted by jeffpv View Post
China is "completely obliterating" the US due to artificially keeping the RMB exchange rate down; loads of extremely cheap labor; and lack of evironmental and jurisprudence controls on businesses. All of which are more than likely unsustainable.

.
That is how the US got to be where it is today. History repeats itself; it just takes on a different melody.
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Old 12-13-2012, 01:36 PM
 
2,043 posts, read 2,891,356 times
Reputation: 1546
Quote:
Originally Posted by HappyTexan View Post
That is how the US got to be where it is today. History repeats itself; it just takes on a different melody.
You write that as if it's a good thing. Pining for the days of slavery and wanton destruction of the land on which we live?
This type of 'growth' is unsustainable, and I guess will see this in China within a few generations.
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