Gordon Chang: China is Going Backwards Right Now

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At the Casey Research/Sprott Summit When Money Dies, Gordon Chang, a columnist for Forbes, spoke with Stefan Molyneux about the past, present and future of China.

The sold-out When Money Dies summit was a huge success, with attendees and participants alike receiving much to think about. If you missed it, you can still "be there," via a full set of audio recordings. These are available now, in CD or MP3 format for your convenience. http://bit.ly/whenmoneydies

Category:

News & Politics

Tags:

• gordon chang
• forbes
• china
• stefan molyneux
• export
• chinese revolution
• revolution
• tocqueville
• chinese
• chinese society
• communism
• beijing
• Hong Kong
• Mainland China
• Taiwan
• Asia

[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

[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?

[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

[TheDualEconomist]

@BeethovenWannabe You forgot point 3.

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