Is It Ironic That The Country With The Strongest Economy In The World Is Communist China?
Posted by China Sourcing CommentatorSep 25
The US owes billions to China and their products fill the shelves of stores around the world. Sounds almost capitalistic.
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we are the ones that built up chinas economy. What can we buy at walmart that was not made in china?
China isn’t truely Communist.
sure
No, America has the strongest economy. And the U.S. doesnt want China to buy our debt. China only buys the debt to perform economic terrorism against the U.S..
China devalues its currency while “pegging” the U.S. dollar. That is economic terrorism and it has been doing it for over 10 years.
China is basically transferring the wealth of America into Chinese banks. What it is doing will eventually bankrupt America.
Buying products from China just helps expand China’s military. China spends countless billions on making its military grow instead of China helping its estimated 900 million extremely poor people (65% of China’s population).
Just a couple of years ago, a report was released the showed a large percentage of Chinese don’t have enough food to eat. At the same time China is spending countless billions expanding its military. (China’s leaders have said war with the U.S. is unavoidable and it is preparing for war)
Some facts:
1) Chinese leaders pray to the mass murder that killed 70 million people.(newest calculation is 70 million dead)
2) Each year that goes by, China points more missiles at the U.S. and at U.S. soldiers stationed in Asia.
3) China is trying to bankrupt the U.S. by devaluing its currency while pegging the dollar.
4) A communist general in China threatened to nuke the U.S.. (2005)
5) A leader of China talked of nuclear bombing Japan. (2006)
6) China still arrests priests for praying. Most of the priests have permanently disappeared.
Strongest growth you mean. Growing from very little to a bit more than very little is not hard. The hard part is still to come. Once Han and Lee realize they’ve been working 60 hours a week for 25cents an hour while their boss Cheng is raking it in they will create a little unrest. Inflation, already very high, will skyrocket and this will accelerate once oil supplies run really tight… I don’t think it looks all that good for China in the short to mid term
Well, it isnt’ the strongest in the world. Just check out the U.S. stock market. If it goes down, Chinese stocks tumble. Their economy is still desperately tied to ours. That will change though, sooner than we wish.
And, yes, they are indeed as capitalistic as anyone, with a twist. The government can make laws or change the monetary rules anytime they wish. And that’s not really capitalistic.
And much of what the first answerer wrote is true, and needs to be heeded. However, if China is buying our debt, then I doubt that they would bomb us. If they did that, I’ll bet we wouldn’t pay our debts to them!
The strongest economy in the world is the one with the most purchasing power, and that would be the US.
(If you’re going to go by how much we owe, then you need to figure in American state and local governments first, since they own about half of America’s treasuries. Next would be Japan, which owns about half again the total value owned by China.)
Their government may be communist.. but their economy is becoming more capitalistic every year and they have a lot of raw production power.
Not surprising! when thieves and war criminals (neocons) running the country!!!
it is more B.S. then it is ironic. how many chinese have big screen t.v.’s?
In order for that statement to be ironic, it would have to be true. As it is it is merely a false statement.
chas