The entire Chinese economic miracle is a debt financed farce. Their GDP growth is a fraud. Their burgeoning middle class are nothing but delusional lemmings. The whole tettering facade is going to collapse in an epic implosion. How can anyone not watch this piece and conclude that China and the rest of the globe are in store for a world of hurt? Even the smart Chinese billionaires know they are in the midst of a bubble. There is one absolute about bubbles. They ALWAYS pop. They don’t deflate slowly. I believe China’s bubble is popping as we speak and they are covering it up with fraudulent economic reports.
He’s showing us around the new eastern district of Zhengzhou, in one of the most populated provinces in China – not that you’d know it. We found what they call a “ghost city” of new towers with no residents, desolate condos and vacant subdivisions uninhabited for miles, and miles, and miles, and miles of empty apartments.
Lesley Stahl: Why are they empty? I’ve heard that they have actually been sold.
Gillem Tulloch: They’ve all been sold. They’ve all been sold.
Lesley Stahl: They’ve all been sold? They’re owned.
Gillem Tulloch: Absolutely.
Owned by people in China’s emerging middle class, who now have enough money to invest but few ways to do it. They’re not allowed to invest abroad, banks offer paltry returns, and the stock market is a rollercoaster. But 15 years ago, the government changed its policy and allowed people to buy their own homes and the flood gates opened.
Gillem Tulloch: So what they do is they invest in property because property prices have always gone up by more than inflation.
Lesley Stahl: And they believe it will always go up?
Gillem Tulloch: Yeah, just like they believed in the U.S.
…
Lesley Stahl: Giant cities being built with people not coming to live here.
…
Gillem Tulloch: Yes. I think they’re building somewhere between 12 and 24 new cities every single year.
Unlike our market driven economy, in China it’s the government that has spent some $2 trillion to get these cities built – as a way of keeping the economy growing. The assumption is “if you build it, they’ll come.” But no one’s coming.
…
Lesley Stahl: And it’s all Potemkin.
…
Lesley Stahl: So if the bubble bursts, who’s left holding the bag?
Gillem Tulloch: There are multiple classes of people that are going to get wiped out by this. People who have invested three generations worth of savings — so grandparents, parents and children – into properties will see their savings evaporate. And then, of course, 50 million construction workers who are working on all these projects around China.
Admin said “Centrally planned economy that only benefits the .01%.
Gotta love that Chinese capitalism. Ghost cities, ghost malls, ghost ports.”
What’s worse? A centrally planned economy that only benefits the .01% and the citizens know it or a supposed capitalist and democratically-planned economy(centrally controlled through the FEDERAL RESERVE) that only benefits the .01% and citizens who believe they have a choice?
C’MON!
As for those empty cities…TIME WILL TELL if those centrally planned cities actually have a plan behind them other than a focus on high GDP growth numbers!
like a scene from inception, the dollar keeps going deeper and deeper into the dream world in order to buy more time before it crashes. in the real world we see the usa printing billions of dollars while china has its currency pegged to the dollar. unfortunately, because the dollar is the world reserve currency, the usa is chasing its tail thinking it can drop lower than any currency that is pegged to the dollar.
As always, dear Leader and I are not really so far apart. The best battles are always over the details.
China is going to take some big hits. I think their fall will be relatively smaller than the US. They will fall from a lesser height, and the fall will be less as a percent. The US will, probably, hit a ledge that is still far higher than that on which the Chinese will come to rest. But it is relative.
And I believe the US is much more likely to have serious civil unrest than China. But I may be wrong about that. China will crush unrest like a bug on a windsceen. Unrest in the US could get really nasty, and would not be easily crushed if it were to go ballistic.
In the long-term, the enrgy thing is going to be a real problem for the Chinese. I am sure they have plans to address it. War? Buying resources? Coalitions? I do not know. It will be an ugly picture, though.
llpoh
I agree. We’re all fucked at different levels of fuckitude.
1. fucktitude
The degree to which one is fucked.
“Our plans were in a state of serious fucktitude when Dave’s car ran out of gas.”
On a relative scale based on the start point, I believe the US is fucked between 7 and 10, both short and long-term.. I think China is fucked short-term around 4 -7. Long-term, the energy issue combined with civil unrest will probably move China up the fucktitude scale to around 8 or 9.
Oh joy.
Have y’all seen the movie ‘Dumb and Dumber’ … starring llpoh and AWD, with SAH in a minor role as Linda Lovelace, baby batter gobbler?
Time for a Ruling. Not MY ruling this time … the PEOPLE have spoken.
Admin gets lots of thumbs up. Dumb and Dumber get lots of thumbs down. Don’t even need to count ’em.
Admin single-handedly defeats the Dumb Duo and earns an OVERWHELMING victory.
This Ruling is Final, Irrevocable, Infallible, and Just.
Stuck’s wisdom and judgment are beyond reproach. The judge has spoken. Let it be so.
The Administrator is always right?
Except when he cites ‘official’ numbers.
FWIW
http://www.chinadaily.com.cn/cndy/2013-06/08/content_16588577.htm
[snip]
“The country’s economy is heading in the right direction. This is more important than achieving short-term growth,” said Paulson, who is also a former CEO of Goldman-Sachs.
Joining in the panel discussion, Dominic Barton, global managing director of McKinsey & Co, backed Paulson’s assessments, adding that the population shift from rural areas to cities is a positive factor for China’s continued economic growth.
“The good news is that there is an underlying force of growth and that’s urbanization. What we’re basically seeing is more than 250,000 people moving from rural areas to cities every week,” Barton said.
~~~
Alternative news sources assert it is 250,000 being moved …
This is what you do with ghost cities?
The problem with China is it’s endemic corruption. Everything is for sale. The old joke about from Asia Times sums it up pretty well.
In the U.S. everything above the table is for sale.
In Asia everything above and below the table is for sale
In China even the table is for sale.
Look when you have Lipoh’s beloved Chinamen selling all sorts of food products laced with toxic chemicals that send people to the hospital or morgue and complaining about it gets you a visit from the police for a beat down. You’re in a shit hole, not a utopia.
Or when you can buy a medical degree from B.U. for $3000 complete with transcripts. Go to outlying areas and you have these clowns practicing medicine on peasants. The wealthier people see real doctors. Not quacks who can’t read a X-ray or a blood panel. Then again I know some American doctors who are total fuckups and I wouldn’t trust them to babysit my pet rock.
We’ve caught them sending us poisoned Heparin that killed over a 100 people. It was deliberately tainted and sent out even though the Chinese knew it would kill people. Remember the tainted pet food?
In Asia Chinese food and medical products are viewed with hostile suspicion and for good reason. There is no quality control or FDA in China whatsoever. You want to grow garlic next to a river of toxic waste? Fine. Adulterate skin cream with a array of nasty chemicals? No problem.
IP protection? It doesn’t exist. Ask Fellows about that sometime or the European train makers who watched the Chinese copy their high speed trains badly and kill a lot of people. Integrated circuits – i can find knock-offs of most of them. Space program a complete rip off of NASA.
Is this capitalism? Yes. A ugly and dysfunctional sort that needs a rich patsy to make work. That means the U.S. as a dumping ground for their crap and someone to steal from.
Does it make them a world class power house? No. You need a intact and industrious honest culture like Germany’s not a gang of people acting like assholes who will lie, cheat and steal for a dollar.
They will fall, just like Japan but harder. I remember the Lipohs and AWD’s of the 1980’s who ran their mouths about how Japan was the model to emulate and look where are they today.
I was in a classroom at GE’s training center in Connecticut back in 1994 when Jack Welsh got up and told everyone that Japan was a juggernaut and couldn’t be stopped. There was the same storyline being peddled about Japan that you hear about China today.
The revisionist historians will all proclaim that everyone knew Japan was nothing but a debt created bubble back in 1994. Untrue. The vast majority of “smart” people were gushing about the Japanese brilliance and foresight.
Even Jack Welsh was a dumbass. China is a debt created fraud. Potemkin village of ghost cities. You people who blather on about them building these cities in advance as long range planning have no fucking clue what happens to vacant, non-maintained structures after just two or three years. Mold, critters, decay, water damage. These buildings will have to be knocked down. They will never be occupied.
It’s amazing how even smart people buy into a storyline they want to believe.
Your contention is that The US is overstating their gold reserves. Maybe so. Then why the fuck would China want to understate their gold reserves? Your arguments are non-sensical because you want to believe a storyline.
I understand the Chinese want to buy Rockefeller Center. They are surely going to conquer the world. Just ask the Japs.
BWAAHHHAAAAA
It appears there are suckers born every minute. Good for those in power.
Housing for the average Chinaman
I suppose all we need to do is sit in on one of those G8 meetings to know what the plan is then eh?
AWD overlooks the most important factor that will keep the US top dog while China remains #2 or worse. We have the military, the firepower, the navy and air force, and the overseas alliances and bases to keep China corralled and subordinate. As long as America has military spending as its number one budget priority, as long as the Neocons, the McCains, the Grahams, and their ilk are in the saddle, the United States will reign triumphant.
If we give in to the Ron Pauls, the Administrators, and the hand wringers, like my disalter-ego, Jackson, America will sink fast.
Our future is with military power and coercing other nations . If we deal from strength, our economy will remain strong and you, I, our children, our friends, and our countrymen will live well.
AWD overlooks the most important factor that will keep the US top dog while China remains #2 or worse. We have the military, the firepower, the navy and air force, and the overseas alliances and bases to keep China corralled and subordinate. As long as America has military spending as its number one budget priority, as long as the Neocons, the McCains, the Grahams, and their ilk are in the saddle, the United States will reign triumphant.
If we give in to the Ron Pauls, the Administrators, and the hand wringers, like my disalter-ego, Jackson, America will sink fast.
Our future is with military power and coercing other nations . If we deal from strength, our economy will remain strong and you, I, our children, our friends, and our countrymen will live well.
I don´t believe that world gold council chart one minute. What I heard China has been the biggest extractor and bullion exporter of the world before 2007 and since 2007 it has been exporting zilch and even began importing. Those numbers can´t be right if the above is true.
… and IraK needs urgent brain surgery…
The Chinese scare me more than Admin thinks they ought to. Regardless of gold holdings (which I believe the Chinks are under-reported, US et. al. grossly over-reported), the Chinese have been purchasing infrastructure and influence world-wide. Sure, some of those investments might go sour, but oil from ME, coal & base metals from Australia, California real estate (yeah, they can have it, but it will still retain some value) and a buy in to the Arctic nations through investment in Iceland-this is capitalist imperialism at its finest. Bastards have their fingers in everything worldwide. And some, if not most, of those “investments” will pay off. On the relative scale of fuckitude, the Chinese are better hedged/diversified than any other.
Turned my back for a while, and Admin takes a massive beating from the monkeys.
Western politicians have one job — to get re-elected. It has nothing to do with what is right for the country.
The Chinese are planners — they aren’t thinking about how they can keep the boat afloat now. They have a game plan over the very long term. They have seen Admin’s charts and have a plan. Sure if the world goes into a depression they will be affected but they know their fuctitude is lower than Western countries and in the end they will come out far ahead.
In 10 years they will be bringing in Americans to do the shit jobs.
I love the fights. We need lots more. Admin may not win them all but he never gives up, and I taught him to claim victory no matter what the score is.
And fact is, all us monkeys are all on the same side. Just think of what we can do to those we really disagree with.
I can hardly wait.
Llpoh
The newbies never got to experience a REAL TBP fight. Usually one or more people would exit the site for months. This China tussle would have been epic if Smokey was still around. The foul language would have been taken to new heights. My blood pressure would have gone up 50 points.
You have got to be out of yur dumbass minds…
AWD, Llpoh and Sum SHA alike.
Really. Fuckingoutb of your minds.
EVEN IF THE GOLD HOLDING WERE UNDER REPORTED BY 75% the United. States would DWARF China, fittingly, by an army mile.
Fuckingoutb your puny minds, no escape for your dumb assses.
Especially the insect brainiac Porter:
You fucking plebe. Don’t quote fox with numbers and turn around and cast doubt. Even If gold holdings were under reported by 85% your story would not be factual.
Admin:
Do not ditch the “I hate America Club” because they are window licking mongoloids:
Ditch them because they are WRONG
AWD,
Read at least the first half of this post … pls:
http://www.fofoa.blogspot.com/2013/08/my-candid-view-part-1.html , dc sunsets may like to read it all. Mainly it covers the subject of hyperinflation in the US due to the USGovt. spending and why deflation can`t happen.
Peace.
Seriously:
Anyone who thnks the USA is any more of a basket case than fucking China needs a shrink and an analysis of their mushu andd hand-jobs alike.
That’s going to be the only Chinese an investor need know:
“Where is my hand job and accounting profit”?
-American Boomer
GTFOOH
“He who has the gold makes the rules”
Funny thing….
We aint doing baliwood dances now. are we…..
DUMB DUMB and
D
U
M
B
Seriusly:
You can be a dumbass.
You can be right.
Rarely is a dumbass right.
– Some asshole who is rarely wrong
My Chinese victory dance
Colma – you need a good asswhoopin. Where you been, you need to hang out more so I can relearn you some manners.
Admin – I am trying, but most of the newbies are soft, I tell you. Hell, I am even considering picking a fight with SAH because she can tussle real good for a gal. But fact is, I mostly agree with her.
Tried to prod you drex grads, but Dupe is a part-timer.
If Smokey was around the newbies would think someone lit their hair on fire and was pouring gas on top.
Those were the days. They can be again.
You wish. Stuck sucks at being a judge.
The bottom line is it all ends in War and my gut tells me it’s not far off.
My recent section 8 neighbors have been model citizens compared to the white trash drug dealers that were there previously.
It seems they make friends with my renters. Every renter has nothing but good things to say about Mike and Joyce.
SAH – you clearly have no idea what happens to vacant, non-heated, non-air conditioned buildings in a very short time. Those ghost cities will NEVER be occupied. Your fantasy bullshit about peasants moving from the countryside into these cities is beyond laughable.
You seem to want to compare China to the US. You’re barking up the wrong tree. I already know the US is fucked. You, AWD and a bunch of other delusionists think China is somehow better off. You are wrong. So Solly.
@Admin – you realize China is making Chinese youth – right? The only reason we will not age as much as them is because we have imported MILLIONS and MILLIONS of young Mexicans. You are saying the aging population is a statistic in America’s favor? Because, personally I think the relative unity of race/culture/language/history is socially preferable to importing a new population of foreigners to take over your country. At least China will still be China (elderly version) while we will be Mexico Norte.
SAH
They have had the one baby policy for decades. It will be fatal for their society, just as it is proving fatal for Japan. I believe Japan has AWESOME race/culture/language/history UNITY. How’s that working out for them.
Japan is in a demographic death spiral. China’s policy will produce the same result.
So Solly. Another one of your arguments obliterated.
@Admin — then obviously welfare is working! Creating model citizens, even! (Who would want rogue capitalist drug dealers next door when you can have model citizen socialists). You crack me up, Admin. I guess as long as the vouchers and SNAP etc keep flowing its all good.
SAH
I judge people by their actions. Mike and Joyce both have jobs now. My initial impressions of them have changed.
When the facts change, I change my opinion. What do you do?
You crack me up with your narrow minded ideologue view of the world. It must be great to look down on everyone from on top of your mountain.
SAH
Do you ever tire of getting your ass kicked by me? 🙂
For me the big unknown is the longevity of the Chinese culture.
Our constant focus on the short-term – the decades of decisions made with little or no regard for how it all looks for the nation as a whole in generations to come – has been pitiful. Somewhere along the line TPTB decided we should be an Empire and our nation took a back seat to the people who could profit from front running the empire building.
The Chinese have attempted “empire” on more than one occasion and have more “lessons learned” then any American so I am keeping an open mind.
But the scale of the “ghost cities” amazes me – I work in facilities and the upkeep during a “mothball” situation is not inconsequential. To have built all that only to see it sit empty and unused is mystifying – all that energy and resources spent for what?
To keep the peasants occupied and paid?
To build necessary housing for the future?
And I asked earlier in the thread – did they build out the “jobs”, the manufacturing and the industry as well?
Well, maybe Japan can just load up boats with 70 million Nigerians and Liberians and pay them to live in Japan – and of course Nigerians and Liberians breed at much higher rates than Japs, so once the japs get their Black baby breeding colonies going, the demographic problem should be pretty much fixed. Then they can release a new demographic statistic showing how their youth population is growing, fuck yeah dry statistics rule — who cares about cultural consequences! Chinese could do the same thing, and import maybe 200 Million Indian youth, nice dark skinned South Indian Dravidians and then pay the Hindus to breed. Then they can beat you at your own statistic “proving” how we are flourishing because of our youth population v their dying old populations. Our European majority population of the past gave up and barely managed to reporduce at all. We have youth ONLY because of legal and illegal (mostly illegal) immigration. Duh.
Admin once again proves he’s utterly clueless, brainwashed by what he reads, seeing other countries through the filter of the MSM and financial media.
How the fuck can a country with 1.3 billion people have a demographic problem? Admin doesn’t think about what he posts, he just repeats what he reads elsewhere without thinking. He really has no idea what’s going on in China.
China is not an open society; Western media tries to read China with a microscope but it doesn’t work. Admin ignores the fact they got 55,000 of our manufacturing facilities, at least 8 million of our jobs, and 8 trillion of our dollars over the last two decades, or the fact that we’re $56 trillion in debt, or our currency is being debased daily, our politicians are bought off corrupt criminals. Our government lies to us every day, makes up data, tries to cover up the fact that we are bankrupt and insolvent as a nation. Just keep printing more money. Japan copied us, and look what’s happened to them.
Ghost cities cost money to build, but their government is paying section 8 subsidies for people to live in them. We’re paying for people to live in prime real estate for free. Maybe we should ship a few thousand section 8 recipients over to the ghost cities (at taxpayer expense).
BTW, this hasn’t even come close to a shitstorm (yet). I haven’t called admin any names yet.
AWD
Do you know any good mental institutions where SAH can get some help?
It’s clear that you and SAH would make a great couple. Aren’t you available?
There hasn’t been a shitstorm because I have so thoroughly crushed my delusional opposition that I’m surprised they have the guts to ever make a comment on TBP again.
The mangled wreckage of my clueless foes is scattered everywhere.
Robin: “Holy Slant-Eyed Rat Penis, Batman! This thread is STILL alive??”
Batman: “Yes, Robin, the Unholy Alliance of Dumb, Dumber, and SAH enjoy Epic Asswipe Beatdowns more than a hungry Chinaman likes his one bowl of rice.”
Robin: “But, but, didn’t The Man Wif Moobs pronounce V-I-C-T-O-R-Y for Admin, PBUH?”
Batman: “Yes, but Admin is gracious, merciful and just. He is now only playing with the cur Holy Alliance … letting them live, so he can defeat them in every other thread. We NEED our enemies to LIVE, not die, Grasshopper. The meek shall inherit the Earth, which includes China.”
Robin: “WTF? Shouldn’t that last comment be saved for the Big Religion thread?”
Batman: “Probably. But I have the feeling Jeebus will be there, and he always tries to hog the whole show.”
Robin: “Amen, and Amen.”
@Admin – where has my assessment of your section 8 neighbors 100% come from? Hmmm… Yes, you certainly do judge people, and then write all about them on your blog and then fail to “correct” the shitbag FSA analysis unless/until exceptionally convenient for your own arguments? Mike and Joyce are actually fainfully employed, model citizens off the government dole and acting as a defacto welcoming committee / volunteer property management for your condo? Let me guess, they aren’t morbidly obese either. That is real cool, Admin. A real success story. Probably 30 more years of the war on poverty should fix everything! The “neighbors” are just a literary trope for you, and it’s pathetic. If they are real, working, tax paying people then maybe you owe them an apology.
SAH
Wipe the spittle off your keyboard and take your medication. They aren’t fainfully employed. I don’t even know if they are gainfully employed, but they do have jobs. Joyce is still fat. Mike has always been skinny.
You crack me up with your holier than thou bullshit about judging people. You are the most judgmental bitch I’ve ever come across. Why don’t you tell us how you feel about Boomers? Your ideology is so ingrained that changing your mind about people is impossible for you. How sad and pathetic your life must be.
Your hatred of most people is there for all to see. Your pathetic vitriol is amusing to me most of the time. But every once in awhile I need to give you a backhand to your face and put you in your place.
Don’t make me have to kick you in the balls again.
AWD says :How the fuck can a country with 1.3 billion people have a demographic problem?
The one child policy really tore up the demographic balance in china. Yes AWD it can be turned around will take bout 20 years.
China to ditch its one-child policy as ageing crisis looms
China’s new leaders are close to abandoning the country’s one-child policy, belatedly moving to avert an ageing crunch as the work force goes into sharp decline.
[img
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http://www.telegraph.co.uk/finance/china-business/10221730/China-to-ditch-its-one-child-policy-as-ageing-crisis-looms.html
The Retarded Softie,
Your intelligent word weaving is difficult to respond to, but I’ll give it a shot.
“Especially the insect brainiac Porter:
You fucking plebe. Don’t quote fox with numbers and turn around and cast doubt. Even If gold holdings were under reported by 85% your story would not be factual.”
Um, Um, I wernt trying to be factual!
What good poker player lays all his cards out on the table for all to see? The Chinese invented poker, they know that advertising their moves will turn the worldwide resource collection game against them. No mystery as to why they under report their gold. No mystery either why the fed/gov over report their reserves. When the lack of gold reserves becomes public knowledge then the dollar manipulations end as people scramble to get out of ‘fly money’ & convert to real wealth.
The Chinese are a nation of workers and savers. Why they would put gobs of their savings into empty cities is beyond my little insect brain, but I would not be surprised if the China central bank were buying condos in order to prop up the illusion of prosperity. What the fuck is Murika saving? This is a nation of debt consumption and obesity investment. What future in that?
I’m not pro china, I just see the writings on the walls of my crystal ball. All thru history empires rise and fall. We’ve had our run and all the might of the US army ain’t gonna keep it going. China is up and coming, time for a stint at the top. World wide fiat money obesity is going to have heart failure and the ones with the most gold in savings will be the strongest when all the fog clears.
When Fukushima turns Japan into a glowing island the Japanese can move into all those vacant buildings and work for the Chinese as reparations for the Rape of Nanking and other autrocities.
Finally my wise sage – Stuck – has arrived to bring some sanity to this thread.
SAH needs some good advice from Stuck
@Admin – it has nothing to do with hating any race or group more than any other, I am not a big fan of humanity in general (misanthrope, not a racist). That being said – each race and culture is different and unique. Multiculturalism destroys diversity. At what point is America not America anymore? You cannot switch majority race/culture/language in a country and have a foreign population of youth take over land from an elderly native population and call it a demographic victory. Ask Llpoh how that worked out for his people. Yeah, we have a new majority Mexican youth population in America. Whoopidty-freaking-do. How is that not suicide in every way for the now traditional Protestant Anglo-Teutonic foundation culture that made America… America?
China and Japan are aging and they will have some bad problems of supporting the aged population with a smaller pool of youth workers… BUT they will remain China and Japan in every sense (race, language, culture, traditions, history, etc). If solving a demographic suicide is as simple as importing millions of young people from a foreign land and culture to take over your country – then China and Japan could do that too. But they won’t, because they aren’t as stupid as we are.
SAH
Ask the Tibetans about China’s unity of culture. Ask the Mongols. China has plenty of cultural and race issues. They just don’t allow the outside world to see it.
I describe what I see. You seem to think because I poke holes in the China miracle story that I somehow think the U.S. story is better. Not true. I think our borders should be shut down and I’m against the immigration bill in Congress.
I think the Chinese and Japanese are just as stupid as we are. So are the Europeans. We’re all stupid. We’re all human.
You also cannot compare Japan and China. That is nearsighted assumption that Orientals are all the same. Japan gentrified quickly and no one wanted to be laborers and manufacturers anymore, and everyone wanted a clean, modern, easy life. Japan was doing great when they were a producer economy. They gave up on producing anything except cars (they still do well with cars, simply because they still bother to manufacture them). China’s population is still living very “sustainably”. They are still in the infancy of their industrial revolutions. Peasants are still the majority, living in the countryside and they can continue that lifestyle without a great disappointment of expectations. Putting former middle-class suburbanites into rural, peasant poverty is a big upset.
Everyone is also failing to understand the 1-child policy. It isn’t across the board – farmers all can have 2 children (if the 1st is female). 2 only-children can have 2 kids. Anyone else who can afford it pays the fines and has as many kids as they can afford. The 1-child policy is more of a multi-child tax. We stupidly pay for the least-capable to reproduce as much as possible. China discourages it through fines. The poor and destitute don’t have more than 1 child. The well-off have more. It’s very logical, and has been very successful. Now China is going to further relax the 1-child policy. Pointing to their “demographic problem” is like pointing out the sliver in their eye while ignoring the log in our own.
Capitalist China
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You guys are splitting cunt hairs over this shit. We’re all so confident the US is FUBAR’d that we have moved on to splitting hairs over how FUBAR’d other countries are. How depressing is that?
This whole thread is a gas (pain or smell?).
Everyone forgets one vital point. We owe the Chinese/Japanese/whoever tons of “money”? No manufacturing left in this country? We have over 200 trillion of unfunded debt?
No problemo! The U.S. Government will morph into whatever form it needs in order to survive. Owe money? Default on it and screw’em. Need manufacturing? We’ve got a whole underclass of welfare and fast food servers who will man the looms and dig the ditches (by hand) when the need comes (whether they want to or not!). Just adopt a “no workee, no eatie” policy.
The USA will turn into a fascist country and eventual dictatorship IN ORDER TO SURVIVE.. They will do whatever is required, from killing off old people to enslaving the young to retain power and control over the masses. Little at a time. Drip by drip. Bloody drop by drop.
Don’t fret China, they are flopping around like a fish out of water and have no clue what’s coming down the pike. We’ll simply leave them holding a bag full of worthless debt. Along with everyone else.
MA
The “in progress” 4th Turning will plow us all up like a field being tilled.
I’d love to live long enough to watch but I don’t want to go through the pain of it.
MA
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Ah, so, me see you Americans and I laugh. You drive car too big, your body too big you eat too much, you credit card too big you buy to much, you government too big waste money, you women they the size of house. We make you stuff, and you buy, and buy, and buy. We make crap, but you buy anyway. Ha, the joke on you. We make ghost city because we can who care? Your city dying, like Panda with cancer, slow painful death. Your country dying, slow painful death. We be here 20,000 years, and we be here 20,000 more years. You flash in the pan, have black man president, he idiot, you lose everything. We still be here after you finished and gone. Haha.
I concede that I am AWD’s fangirl. When AWD talks I see something like a cross between this:
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[img
And this:
[img
And I get all like this about it:
[img
Us Oriental girls are prone to becoming fangirls. I can’t help that I happen to like smart, funny Angry White Dudes instead of pretty, effeminate K-pop stars.
Sensetti
+100
You forgot SAH’s favorite China dish; Kum of Sum Yung Boi
BTW – 2nd pic that wouldn’t load was Dr. Ron Paul. Lol
Dear Chinaman,
You makey stuff no worth shit. We givey you money no worth shit. You lose. Me laugh all the way to Walmart.
We make buffet for you, you eat too much, you get too big. China make no war with you, you explode first.
[img]https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcToDqVkvyjSkARS2_2gKzJ_KD5JIKuWZ9fi0TUKHPqxTF0A1Opvyg[/img]