Counting the Cost - China: Bailing out the world

[pampooshampoo]

There is no difference between aljahzeera whatever, Cnn and BCC. It belongs to king of the Qatar, puppet, like saudia and kawaiti kings. 

[boing3887]

Umm...China is buying Euro and US debt to keep the Euro and Dollar strong and thus stimulate Chinese exports to those regions (if China buys dollars, then the dollar becomes strong relative to yuan - ditto with euros). They don't "own" us so much as they're recycling their currency in order to stimulate their exports - they're just as much dependent on us to save their asses

[TheTV1234]

The state-owned sector is the real life-saver for China’s economy!! China's centralized economy saves it from going into deep troubles like EU and US are having right now．Can’t you people see that capitalization isn’t functioning? Your “made to be god-like” political system (namely democracy) is falling, in our life-time, you will see the complete downfall of this!　

[ThatsMyLabel]

@TheTV1234 if your calling America a Democracy then you would be leaving wrong information because the United States of America is in fact a Republic so idk who you're call a Democracy but it can not be the US because its not a Democracy. *PS: this is not meant to be rude

[prjerry7]

@TheTV1234 EU & US are having debt problems....again [in 49 US national debt to gdp ratio was much higher then today]. We can get out with multiple tools, be it higher taxes or cutting on government like UK.

Chinas miracle isnt because of its state owned sectors, its because of their Yuan under-valuing and their huge labor force which = cheap labor.

In the other hand us western countries overvalue our money, we take a fart and say its worth gold, we get tons back but this has emigrated factories

[VanillaSnow23]

Trust China. Peace, not war.

[jxtsful]

THANK YOU CHINA FOR SUPPORTING NORTH KOREA!!!

Kim Jong-il Goes Sailing as N.Korea Drowns: North Korean leader Kim Jong-il has been on vacation sailing a luxury yacht on the east coast since early this month, a source familiar with the North said Thursday. Kim "has been enjoying water sports like yachting" while staying at a villa in Hamhung, South Hamgyong Province, the source said. People in Hwanghae and Gangwon provinces, meanwhile, are suffering the aftermath of disastrous floods.

[wangshui88]

china no good!

[wangshui88]

china!no good! china no good! china am dog!

[jojoinhere]

europe, wake up. the reason that you're a poor and lazy bum is because you are a poor and lazy bum. have noting to do with politics but many generation of lazy genes

[choobie12]

China has to be one of the nicest nations in this regard. If I were them I wouldn’t do it, I would use my euro cash reserves to buy mining companies then I would just let their currency collapse.

[prjerry7]

@choobie12 China isn't b uying their debt to be nice. When you buy someones debt its a form of refinance, China is going to make heavy profit in the long term if the Euro survives.

[KedViper]

@emacrisema I don't know much about the global-economy, but it would seem to me that China is in debt, but still has enough to bail out the west, if that makes sense. As for the countries owing money to each other it might work in a kind of circle to where say (random countries) Germany owes money to America, America to China, China to Great Britain, and Great Britain to Germany. Everyone owes money to others and don't have it to pay back, because of this kind of loop. I guess...

[OpenTheTrollGate]

china can inflate its way out of debt and still maintain the value of its currency LOL

[akinkhoo]

it should be noted they are comparing apple to orange. liability is different from actual debt, in fact if we count liability, US commitment to social security, healthcare, military and veteran etc would balloon to 60 trillion which is a freaking 400% to GDP ratio!

[brotherman38]

@akinkhoo excellent point!

[akinkhoo]

@emacrisema if the debt is cancel, the money that was 'on the book' will end up flooding the street and create massive inflation. this is the problem of fiat currency. they use the bank as giant recycling machine to keep the money moving so it never end up on the street. of course this doesn't remove the problem, it merely hide it and compound it, they are kicking the problem down the road and it become a chicken game to see who can't take it first and finally implode. (see Greece, it vulturism)

[jxtsful]

CHINA IS POISONING THE WORLD:

-Cheap shit toxic toys

-Melamine milk

-Air and water pollution

-Nuclear testing in East Turkistan

-Now a disaster in the Bohai Bay an oil spill killing millions of marine creatures

Disgusting polluters, land grabbing chinese!!!

[VanillaSnow23]

@jxtsful What race are you? Where are you from?

[jxtsful]

@VanillaSnow23 Taiwanese.

[114252]

China is developing fast and within a decade or two people around the globe will want to come to China for employment. Their country will offer opportunities superior to American counterparts and sustainable living will be offered with brighter prospects. Their growing economy will keep up momentum and see herself developed to a superpower status.

[DBSpy1]

China,you think its bad now, wait until you own the whole world like you want to.

[jxtsful]

China saves the world??? hahahaha... Correction! China saves its own pocket! Dirty greedy ultra capitalist mafia of a country.... China stop grabbing more land and bullying ur neighbors!

[Unclesamslair]

thx aljazeera for the quality programming

[abdullahhakan1]

Countries who possess citizens those work long hours, effectively and efficiently under full employment basis dominate the world economic scene.

[ipodtouchhelpa69]

joke in china:

1949 communism saves china

1975 china saves communism

1978 capitalism saves china

2011 china saves capitalism

[deceiver123m]

ppp = crony capitalism. NWO = owns egypt

[psykoosiii]

Sound level is way too low in this video!

[ervin920]

capitalism saved china, china saves capitalism.

[mrjpvoid]

@ervin920 lol, nice one!

[weissman2000]

What's the deal here? Divest China? I am sure that every CEO in America is waiting for that pitch to come along!

[sexking83]

dirty arabs.. women can drive so let them,

[demarcos69]

I'm going to learn Chinese that's it, and stop being a Ignorant head up my ass American.

[deceiver123m]

@demarcos69 no need, just trade with china, go into international trading.

[boohowdoy]

haters gonna hate haha

[bg24955]

China's federal level debt is very low 17% of GDP. the chinese govt. bonds outstanding at international market are even lower. local debt (non-intenational) is nevertheless very high. if you add up federal, local, and SOE's liability, that's 150% of GDP. Nobody do that kind of math.

[ZSwierczynski]

Reality is, there is no debt or loan.

[jamesappleridge]

the COMMUNIST CHINESE now control the free markets, ARE YOU PEOPLE INSANE. China is built on the backs of 300 million slave laborers, this is how they control the word, and they will now expand, way to go you greedy pukes.

[ktchong]

@jamesappleridge 300 millions. That's the number of Chinese population who have moved out of poverty and into the middle class in the past decade. They are hardly "slave labors" when they were given the opportunity to have better lives. Next time, check your facts before you spill your ignorant anti-Chinese rhetoric.

[jamesappleridge]

@ktchong there are 1.3 billion living in china, you better check your facts, and here is a big one, those who have moved away from the poverty and fields are not likely to return with out a fight.

[grecko3]

One thing Egypt should do as soon as possible is renegotiate the ripoff gas deals that has cost the country billions in lost revenues.

[SierraSpartical]

Subaru is the official tree hugger car in California and the Forester (my car) is the flagship car so PLEASE, They love us women. It will never happen.

[WinterHaven]

Whatever the Arab nation wants, they get--THEY HAVE ALL THE OIL. So get real!

[mofire9999]

U all better learn some maderin..lmao..

[WinterHaven]

Notice how beautifully smoggy china's skies are? That's why they are prosperous. I hope they all die of cancer-fuck those dog and cat meat eating chinks.

[kalamari13]

@kingmafi6699

Americans decide whether to join the Military or not. The media sways us here to its own will, and as of lately, it's been pushing an anti-war message as of late. The US military is basically designed to teach men to show no remorse, even after killing entire villages. Also, yes, WinterHaven is one of our bad examples. There's good and bad people in every country.

[psykoosiii]

@kalamari13 Bad people run the US, so the US = bad. Not good. This justifies bombing the US.

[kalamari13]

@psykoosiii

From the 1980s forward the US has been in a decline. Our terrifyingly low tax rate, the morbid brainwash by the corporate-bought media, the invasion of Iraq and Afghanistan, George Bush, the housing bubble pop, etc. Did not help.

We're gonna get out of this recession within the next few years, But our role in the world will be far less than it was a decade and a half ago, Our empires fire is running on it's last little glowing charcoal.

[metaRLinfo]

@kalamari13 I do NOT have a Low Tax Rate, get the hell out.

[kalamari13]

@metaRLinfo

In the 1950s the income tax rate for the rich was above 90% and for the poor it was 25%, today it's hovering around 23% for the rich and 10% for the poor. The 1950s were the golden years of America, where everything was booming, and people were prosperous. It was the result of the high tax rates during world war 2 and the money accumulated by the government which is what caused the USAs success at that time. Low tax rates don't give jobs, and they don't build a country.

[jamesappleridge]

@kingmafi6699 Actually it's the hateful culture of the middle east that gets it's children killed. You dress your women like ninjas, not for their sake but because your men seem to be pigs and can't keep their hands to themselfs, you're culture surpresses any free thought in the name of religion.The sad reality is we live on a planet, everything you have ever known be it good or bad, happens here on this planet not in some fairey tale world, are you your brothers keeper, that's lifes question.

[KoboraBC]

@kingmafi6699 your a jack ass the american people don't murder anyone it our goverment with there army dogs that feel like they can go around the world doing whatever they want to who ever they want and not even have enough money to finance they adventures.

[CrazyShakaZulu]

@kingmafi6699 And you murder Tibetans, Uighurs, Falon Gong etc so shut the fuck up

[HDaviator]

@kingmafi6699

Its muslim children, so who gives a fuck? LMFAO.

[ericown]

@HDaviator wow just stfu

[xjxism]

@kingmafi6699 and you murder women and children in sudan and dafur

[eight18]

@kingmafi6699 you better not be another hypocritical european

[cobhcmofo313]

@kingmafi6699 you got forces there too fuck ass. everyone has forces murdering for money somewhere at all points of time in the day. when we stop this your worse no your worse maybe we can get a grip, untill we ALL take a hit on our pride, we will continue to fight issues that pertained to simple minded people back when counties borders were upheld, and being from one place or another ment shit. it doesnt now so get over it and go outside

[AeSaar]

@WinterHaven calm down crazy person.

[kalamari13]

@WinterHaven

I think someones jealous. What's wrong? You want a fast train? You want a super long bridge? You want an economy like modern china or 1950s USA? :'(

Too bad the US government is too busy arguing amongst eachother rather than actually fixing the country they're supposed to manage.

[iluvgoldfrapp]

who will bail out china? the world consumer

[KillerWhaleSFl]

time to learn Chinese

[windberjohnstown]

Yes to china ,,,,,,,,,,