Muscatine

Like I said...You aint seen nothin' yet, folks

Posted in: Muscatine
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  • hiroad
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The Chinese economy since the late 70's has been based not on profit, but upon keeping their people employed.  To do this they determined to sell products cheaper than anyone else. Their economic model was motivated not by capitalism, but by politics.  Their prime concern was keeping the people molified (no or low unemployment) and keeping their high level government jobs and the power that goes with it.

 

They now are realizing that keeping people employed at a loss cannot be sustained.   They also realilze that their own non profitable companies will not be able to pay back the loans they have received from their government over the years.  They also know that the U.S., for instance, will never be able to pay back the loans we have received from the Chinese government banks.   They have recently switched their strategy to one of cornering the gold and precious metals market and expect to drive up the price of gold and precious metals to unheard of levels and save their butts.

 

Within the next 5 years you will see a either a collapse of their economy or a huge transfer of wealth from other countries to China based on the value of gold and precious metals.    But you will not see communists successfully running any business.

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  • mallory
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The Chinese economy since the late 70's has been based not on profit, but upon keeping their people employed.  To do this they determined to sell products cheaper than anyone else. Their economic model was motivated not by capitalism, but by politics.  Their prime concern was keeping the people molified (no or low unemployment) and keeping their high level government jobs and the power that goes with it.

 

They now are realizing that keeping people employed at a loss cannot be sustained.   They also realilze that their own non profitable companies will not be able to pay back the loans they have received from their government over the years.  They also know that the U.S., for instance, will never be able to pay back the loans we have received from the Chinese government banks.   They have recently switched their strategy to one of cornering the gold and precious metals market and expect to drive up the price of gold and precious metals to unheard of levels and save their butts.

 

Within the next 5 years you will see a either a collapse of their economy or a huge transfer of wealth from other countries to China based on the value of gold and precious metals.    But you will not see communists successfully running any business.


Is this all just speculation on your part or is it copying somone else's speculation?

The Chinese economy since the late 70's has been based not on profit, but upon keeping their people employed.  To do this they determined to sell products cheaper than anyone else. Their economic model was motivated not by capitalism, but by politics.  Their prime concern was keeping the people molified (no or low unemployment) and keeping their high level government jobs and the power that goes with it.

 

They now are realizing that keeping people employed at a loss cannot be sustained.   They also realilze that their own non profitable companies will not be able to pay back the loans they have received from their government over the years.  They also know that the U.S., for instance, will never be able to pay back the loans we have received from the Chinese government banks.   They have recently switched their strategy to one of cornering the gold and precious metals market and expect to drive up the price of gold and precious metals to unheard of levels and save their butts.

 

Within the next 5 years you will see a either a collapse of their economy or a huge transfer of wealth from other countries to China based on the value of gold and precious metals.    But you will not see communists successfully running any business.


Is this all just speculation on your part or is it copying somone else's speculation?

The Chinese economy since the late 70's has been based not on profit, but upon keeping their people employed.  To do this they determined to sell products cheaper than anyone else. Their economic model was motivated not by capitalism, but by politics.  Their prime concern was keeping the people molified (no or low unemployment) and keeping their high level government jobs and the power that goes with it.

 

They now are realizing that keeping people employed at a loss cannot be sustained.   They also realilze that their own non profitable companies will not be able to pay back the loans they have received from their government over the years.  They also know that the U.S., for instance, will never be able to pay back the loans we have received from the Chinese government banks.   They have recently switched their strategy to one of cornering the gold and precious metals market and expect to drive up the price of gold and precious metals to unheard of levels and save their butts.

 

Within the next 5 years you will see a either a collapse of their economy or a huge transfer of wealth from other countries to China based on the value of gold and precious metals.    But you will not see communists successfully running any business.


Is this all just speculation on your part or is it copying somone else's speculation?


Msmal, you ask if this is all hiroad's speculation on his part or copying someone else's speculation. My response if I were hiroad is - what's it to you? None of us on this forum owe you an explanation of our words just as you cannot even have the decency to answer when we ask you a question. If it appears that I am sick of you and your petty ways - you are correct - I am.

 

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  • mallory
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Is this all just speculation on your part or is it copying somone else's speculation?


Msmal, you ask if this is all hiroad's speculation on his part or copying someone else's speculation. My response if I were hiroad is - what's it to you? None of us on this forum owe you an explanation of our words just as you cannot even have the decency to answer when we ask you a question. If it appears that I am sick of you and your petty ways - you are correct - I am.

 

Let's let hiroad respond himself.   I think he is an adult with a mind of his own.   Your thoughts are not required.

 

I have answered many a question.   But I refuse to answer those on the order of "when did you stopped beating your wife?"   Or the other petty and nonsensical ones.

 

I also find that some don't want answers that disagree with their preconceived ideas.   They just keep rearranging the question.   So why bother.

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