Is China's Growth for Real?

http://www.moneyshow.com/main.asp?scode=013357
Economist Donald Straszheim shares a timely evaluation of the Chinese economy and reviews the prospects for investors.

Category:

News & Politics

Tags:

• china
• economy
• investing
• donald
• straszheim
• chinese
• investors

[Elbottoo]

This video is an eye opener that many people in the West needs to see.

Donald has nailed it. Very few people complain in China about lack of democracy or votes. But the West has this obsession with China not being "democratic". I say democratic because the other term "free market" mentioned in this video, is very much there in China.

Forget 6%. I think China will grow 9% this year.

[GameRemix]

China is keeping their Yuan 40% lower than what it should be, once they bring it at its rightful rate, thats it...GAME OVER FOR FREEDOM, say hello to communism..

[Elbottoo]

@Chris8282 I will repeat this one more time so your tiny little brain can try to comprehend this one more time. Read what you quoted one more time, little boy. if you arent such an idiot, you would know that China fits that description of free market and does not fit the description of state controlled market.

[Chris8282]

@Elbottoo Evidence? Argument? Justification? Can you at least give one of these?

This will be my last response to you I give without you giving me something worthy in return. China's own descriptions of its government, the CIA's World Fact Book, Britain Intelligence Agency, and Japan's PSIA all label China's economy as being a 'Command Economy' as of April 2011. Yes, it is in transition to a market economy but it is still 40-50 years before its anything close. Government still owns everything.

[Elbottoo]

@Chris8282 You are clearly too stupid to understand your own quotation that you got from wikipidia. Instead, if you actually had a brain, you would have realized by now that the very thing you quoted said that China is not a state controlled market. So either 1) youre too stupid for this world, or 2) you live in your own little delusional fantasy world. Either case, youre too moronic for this planet.

[Chris8282]

@Elbottoo First I'm an old man, now I'm a kid. I have a low IQ because I quote the standard definition of a free market and you have yet to argue how China could even be remotely considered anything close to a free market? All you've done is deny the basic meaning of words, 1=/=2 no matter how much a temper tantrum you throw.

And, I'm the emotional one? Even though I have yet to get upset while you've been upset since before I responded, and you've done nothing but be illogical and insulting?

[Elbottoo]

@Chris8282 Yea, youre too emotional to be talking. This thread and video is for grown ups and people with high IQ. You dont belong. Hit the road, kid. Come back in 20 years when you finally mature.

[Chris8282]

@Elbottoo Like I said, pure emotion. No logic. Not worth my time. Good day.

[Elbottoo]

@Chris8282 Do you understand your own retardism, son. You are too stupid for this planet and for this world. You are a waste of resources. If you werent that stupid, you wouldnt be such a loser. But unfortunately, you are.

[Elbottoo]

@Chris8282 Simple logic that you obviously do not understand cos youre IQ is too low. Like I said before, nothing you quoted has got anything to do with China being a free market. Like I said before, up your IQ son.

[Chris8282]

@Elbottoo The Chinese government regulates more than tax collection, it doesn't even enforce private ownership (the government owns it) Therefore, it is not a free market.

Now, the OPPOSITE of a free market is where the state controls the goods, services, and LABOR. China does all of these things. I mean, for fuck sake, they have hundreds of millions of slave labor.

Simple logic, Get some. You are simply being emotional and there's no reasoning with you. I see I have wasted my time.

[Elbottoo]

@Chris8282 Thereforem, by its very definition, China IS a free market. Get your fking facts straight or up your IQ.