Gordon Chang: China is Going Backwards Right Now

[Strugglle]

no one needs to copy western domacracy or western capitalist becouse is failure system which even need, re'examine the system they use.whats wrong their system why they fail there's in question western world soceity, they are more serious than chinese stability.

[Strugglle]

they didn't even stop interview this idiot man who know nothing chinese society just talking every single year china collapse china revolution etc.

[Nyro888]

@fypong 1) "Peaceful superpower" is an oxymoron. Is America the current superpower peaceful? The wars in Afganistan, Iraq, and possibly very soon Iran would contradict with this image.

2) This guy does make some valid points, but he fails to paint the whole picture. I'm no economist, but I do know the ecomomy is always flactuating, and how you respond to certain crisis affects the direction your economy takes. That's why making blatant predictions is inaccurate. But some will buy his BS

[blueice990]

Gordon Chang's original prediction was 2006, that came and went then he revised it to 2011, now 2012...

[Meatwaggon]

This lunatic is the Harold Camping of China. He already revised his China collapse prediction to 2012. I predict that he will predict the coming collapse of China in 2013, then 2014, then 2015, etc. If he's smart he will give himself 10 years so he will only be wrong once every 10 years instead of once every year. hahahahahahahahaha

[funboyab]

Thanks Gordon, your book in 2001 already bought China 10 year peaceful environment for development.

keep working hard, at least try to persuade Obama take the army back from Asia, since China will collapse itself.

[yusushi]

they predicted china failed every single yrs for the past 30 yrs, yet china has on average 10% gdp growth ea yr,this retard just try to make some money in western media by talking down on china.NEWER UNDERESTIMATE THE DRAGON!

[slfanta]

He fundamentally mistook Hu Jintao's policy

[DragonOfQin]

Didnt dis ching chong chang predicted China's collapse in 2008?! ...the fuck?!

[TheDualEconomist]

@DragonOfQin No, he predicted it in 2011, then revised it recently to 2012.

[gobipill]

@TheDualEconomist Yep just keep on revising it. I bet those "world will end in 2012" people will be revising their predictions too when it doesn't happen. This must be the new trend, that fortune tellers can extend their prediction dates. If I predicted the fall of Britain's empire in like 1490, would that have been considered prophetic? If China falls apart in 2112, instead of 2012, will we point at Gordon Chang and call him a fortune teller?

[ironicdialogue]

@fypong Molyneux predicts revolution before the end of 2011. We will see how well he understands the Chinese temperament. Molyneux is right about social unrest in China, what he seems to ignore is the fact that the Chinese government is proactively responding to these conditions, especially by increasing wages and workplace regulation. There will be no revolution. Molyneux is wrong.

[TheDualEconomist]

@ironicdialogue The increase in wages is less than inflation (i.e. they are getting poorer) and the regulations make profit smaller, therefore, contributing more to bankruptcy.

Either way, social unrest ensues.

[BeethovenWannabe]

Proof that Chang's thesis is BS:

1. Singapore is the most economically free country in the world.

2. Singapore has a single party political system.

[builderberginc]

@BeethovenWannabe Singapore is a city-state not a country just like Hong-Kong. If it were to compete with Nations then the outcome would be different.

[TheDualEconomist]

@BeethovenWannabe You forgot point 3.

3) Sngapore has 5 million people and therefore is not comparable.

[shanesekiller]

I think his parents is from Taiwan.

[TheXXiao]

I reckon Gordon Chang maybe Taiwanese.

[mrzack888]

money is not gonna die. US dollar is going to go up in the next coming crisis.

u libertarian tards don't even understand your own theories. you act like u know how the money system and feds work, but you don't. you are going to get people hurt by brainwashing them into buying gold. u need to watch this: watch?v=UKXGsKNCVVc

[vonGleichenT]

We will find out as to whether he is correct or not.

[ironicdialogue]

This guy does not understand the temperament of the Chinese people. His thesis is absurd.

[VoxJoxx]

@ironicdialogue So you have a better idea of philosophy and politics than Stefan Molyneux? Why don't you enlighten, edify and illuminate us all with your ideologies?

[ironicdialogue]

@VoxJoxx I never claimed to "have a better idea of philosophy and politics than Stefan Molyneux". I said his thesis that a revolution will erupt in China in 2011. We are seeing a couple interesting trends in China. One is increased activism on the part of the citizenry, especially with regard to working conditions and wages. The other is increasing government regulation of the workplace, especially the rapid increase in wages for laborers. Unlike the US, China is responding to its crisis.

[jpzhouutube]

what he wrote and had said.... he did not live in China and certianly his view is not true at all. I have many who have same view as he has, but learn CCP's view you have to watch this video first:

/watch?v=t8zbOCcKct0

[apothekede]

Very interesting - thanks!

[wwood14]

I'd like to here more from this guy.. thanks

[Esoparagon]

The one party state is actually better. Democratization would be bad and probably send them back towards socialization.

[overlogg]

thank you

[littlechineseshrimp]

hey gordon keep dreaming....also can you please change your last name to Smith instead of Chang..you are anti china,,,,,

[artdeco101010]

Too much liquidity? LOL - try rampant corruption, deregulation, and lack of enforcement !

[ulirieger]

excellent interview !

[sw911iz112]

My money died :(