Talk to Al Jazeera - Guan Jianzhong: Downgrading the US

[Rushour717]

go to 15:29

[MegaContented]

aljazeera is BBC extension. At the service of sultans, Sheiks and queens and their bed fellows.A spin mill.

[OboAtiba]

Really nothing insightful.

[groupenerji]

Very very good and accurate description of the present situation.

No wonder they do well . Well done

[edwardwills]

Way to go Aljazerra, I got to watch foreign news agencies to hear more of the truth.

[NORDSTRAND83]

I wonder which European country Guan Jianzhong´s suit, dress shirt and tie were made in? Italy or France? :D

[HardHouseMusic4Me]

@NORDSTRAND83 Probably made in China. Those child workers little hands are pretty good at stitching and sewing.

[leeo268]

@HardHouseMusic4Me

Child labor is illegal but the worker conditions do need significant improvement

[NORDSTRAND83]

@HardHouseMusic4Me Don´t think so. As long as China is on the rise, wealthy chinese businessmen want European luxury products.

[leeo268]

@NORDSTRAND83

nop, Made in China.

[weissman2000]

Ok, summary of the points: 1) Moody's, Fitch, S&P lied to the market; 2) we (DaGong) are objective (btw "DaGong" in Chinese means "Supreme Objective", funny, no?); 3) democracy sucks.

Well, it sounds like a marketing campaign to me!

[MultiAlpha111]

@weissman2000 that is your own summary points, the Chinese guy didn't say that

[weissman2000]

My god, so many ex-BBC faces. What, BBC needs a new wrapper?

[MrROTD]

stop buying everything at walmart and support whatever industry is left in America or whatever nation you're in. . accept that you can't own everything and live in mansions, the greed is catching up to western countries and we can't compete with china without industry and honest currency

[Checkingokop]

I like how he says that instead of buying government bonds, China needs to invest into actual industries. - of course, so once their markets collapse, China can claim ownership of those US andEuropean industries.

[Bander1]

Well yes, the Chinese will still buy US treasury bonds since the USA is still the largest economy in the world....

[Checkingokop]

@Bander1 lol, how long are you going to be saying that? another year 2 or 3? right now US economy is VIRTUAL, it has been for a long time, except now it's OBVIOUSLY VIRTUAL, theres really no value behind it anymore, in a couple of years this VIRTUALITY will collapse

[isarathai]

i speak chinese, and the translation sucks!!!

[Tsnore]

Give us more faux Chinese schadenfreude. Like Uncle Ho's Hanoi sewage waft; it stinks worse than the French variety. This reminds me of the "Japan as No. 1" period 1980-1994. The Chinese aren't human apparently according to this guy - they're Chinese! Their human day will come - you'll see. BTW, how many Americans are going to the PRC to give birth, hence, hedging their bets politically and economically? None because ethnicity/race still matter mucho in Asia. Welcome to the new bright world.

[aburashdan]

@Tsnore the indians were taught a great lesson in history by the japs when the brits fled tail between their legs from east asia after the fall of singapore in 1945. the super race theory fell flat on its nose. the chinese today have shown that they can not only beat the west in its game it can do better by reforming capitalism. the twin-blade of capitalism and socialism only translated into racism and deprivation for the rest of us. its time the west should be buried in its own feces of greed.

[Mryouknowme2well]

Finally! An intelligent conversation of the truth. Thank you!

[egcroan]

@Mryouknowme2well What truth this is f$%king China, and they depend so heavily on the US economy as we are their largest customer. This is just bullsh!t of the higher caliber.

[SiNgHayStyle]

Go China!

[egcroan]

@SiNgHayStyle WOW !! F. U. like China care anything about anyone but their ruling class. Just look at their master plan to dominate the world by manipulating their currency to put everyone else at a disadvantage. China where they paint everything in lead paint,a dn ship it tot he world killing everyone's children. China has no labor laws against killing the world force with poor workplace safety, and environmental laws.

[SiNgHayStyle]

@egcroan why you so mad?

[egcroan]

@SiNgHayStyle China has been stealing our patents for years. The recent private space program companies are not filing patents so we don't have to worry about China stealing them, and using them in their space program. Oh Yeah thanks for voting against us all the time on N. Korea and Iran your loyal servants or puppets.

[SiNgHayStyle]

@egcroan stop blaming china for everything look at our government com on man stop it

[SiNgHayStyle]

@egcroan oh yeah i forgot america is so perfect

[egcroan]

@SiNgHayStyle I never said America was perfect, but China is far from a fair trading partner. They need to honor our patents which they don't. The term R7D in China stands for Receive & Duplicate. Do you not remember the recent fake Apple Store in China ??

[ararnz]

thanks

[TruthInjector]

The AAA rating was for the US govt itself. The fact that this man couldn't realize this among other problems with his views indicates the worth of their reports to be limited. The US should work to repatriate lost manufacturing and diversify sources. We need to realize that our own people need good jobs to maintain a strong middle class and our national security requires domestic production.