Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I know that there are a number of unique things in China that make it hard to compare with true first world economies, but it seems like the Chinese have proven that commies can produce very productive and competitive economies with the right people. Most importantly, the infrastructural investments that China is making are world class, and leave us in the dust. They demonstrate that public / private partnerships, which visionary strategic planning are the path to the future.
Our ideological perspective that if we cut taxes on the rich, they will do all our investing for the future, and all public sector investment is somehow not real, seems rather foolish and naive in comparison.
It is a humbling time, to be getting azzes handed to us by some good old commies...hopefully it will be a time of reflection and recalibration of our stale old ways of thinking.
You have been proven dead wrong by history.
China was a third world nation until it embraced principles of trade and capitalism.
I know that there are a number of unique things in China that make it hard to compare with true first world economies, but it seems like the Chinese have proven that commies can produce very productive and competitive economies with the right people. Most importantly, the infrastructural investments that China is making are world class, and leave us in the dust. They demonstrate that public / private partnerships, which visionary strategic planning are the path to the future.
Our ideological perspective that if we cut taxes on the rich, they will do all our investing for the future, and all public sector investment is somehow not real, seems rather foolish and naive in comparison.
It is a humbling time, to be getting azzes handed to us by some good old commies...hopefully it will be a time of reflection and recalibration of our stale old ways of thinking.
It's amazing what you can accomplish when you pay people .32 cents an hour.
Well let's see. Forcing workers to do 18 hrs a day work, putting up nets so they can't commit suicide, and artificially inflating the money of the country sound good to you? Oh, and entire cities with vacant housing that no one can afford, yet the government keeps them building them to keep the economic outside view look good, really just producing a massive housing bubble sounds good to you?
Maybe you should investigate what they are really doing before making statements like, we should emulate china
Well let's see. Forcing workers to do 18 hrs a day work, putting up nets so they can't commit suicide, and artificially inflating the money of the country sound good to you? Oh, and entire cities with vacant housing that no one can afford, yet the government keeps them building them to keep the economic outside view look good, really just producing a massive housing bubble sounds good to you?
Maybe you should investigate what they are really doing before making statements like, we should emulate china
Do not trust the media too much.
Few workers in China are forced to work 18 hours and only one company used suicide nets, and this company is suffering short of workers now.
However many Chinese work after hours, the same as Koreans and Japanese. It is their culture.
They do not think 8 hours a day is the best choice and they do not have so many vacations either.
Oh, and entire cities with vacant housing that no one can afford, yet the government keeps them building them to keep the economic outside view look good, really just producing a massive housing bubble sounds good to you?
Could you give me one example of such a city? Only one?
I'm 100% sure you have never been to China.
China has 1.3 billion people and is as big as the US, so there are bad markets in SOME places. However as a whole, the "ghost" cities are very rare.
Many westerners fail to see this: In east Asia, a student typically studies 16 hours a day. I did the same.
On weekends, they are often forced to learn English, piano, or extra math not required by school. Japanese and Koreans are the same as Chinese, if not worse.
If you grow up that way, you just consider working 12 hours a day normal and voluntarily do that.
I work in the US now and I often feel there is too much free time for me. (I know it will change after I get married...)
Could you give me one example of such a city? Only one?
I'm 100% sure you have never been to China.
China has 1.3 billion people and is as big as the US, so there are bad markets in SOME places. However as a whole, the "ghost" cities are very rare.
Watch 60 minutes from last week. They were walking around entire cities with no one living in brand new housing. There is a replica English village built that no one lives in because they can't afford it, the only business there is weddings.
The 60 minutes piece was about a female real estate executive who started as a walstreet investor. She married a architect husband and they've made a mint building office buildings in bejing. But there are huge cities admins Beijing with residential housing that no one lives in. The housing bubble is worse then Miami was.
Could you give me one example of such a city? Only one?
I'm 100% sure you have never been to China.
China has 1.3 billion people and is as big as the US, so there are bad markets in SOME places. However as a whole, the "ghost" cities are very rare.
China has empty cities the size of Houston. They even try to fake it by turning on lights at night but they don't fool our spy satellites. We know when we see big cities but no cars or people on the street. If we had the money, we could build a big city in the middle of the desert but that doesn't mean anybody will move there. There is a reason vast areas of the USA are empty. Nobody wants to live there.
Few workers in China are forced to work 18 hours and only one company used suicide nets, and this company is suffering short of workers now.
However many Chinese work after hours, the same as Koreans and Japanese. It is their culture.
They do not think 8 hours a day is the best choice and they do not have so many vacations either.
They are just slaves. And too foolish to know it.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
