Military History | How To Make War | Wars Around the World Rules of Use How to Behave on an Internet Forum
China Discussion Board
   Return to Topic Page
Subject: China sustains breakneck growth rate with real money
Le Zookeeper    7/23/2009 3:15:32 AM
The Dragon still has feet!!
 
Quote    Reply

Show Only Poster Name and Title     Newest to Oldest
YelliChink       7/23/2009 4:12:15 AM
What Peter Schiff doesn't know is that, commies spent most of the US dollars Chinese people earned in the form of:
 
1. As the deposit for printing RMB,
2. USG bonds,
3. equity for foreign investment.
 
Yes, commies have their own spending problem, too, on a even more ridiculous scale then Obama admin due to total lack of opposition and monitoring mechanism. Most of savings of Chinese workers have been squandered by commies already. It's only a matter of time before they will reach the end of the rope. Statistics from China is generally untrustworthy.
 
I put my bet on India.
 
Quote    Reply

Le Zookeeper    Yelli   7/23/2009 5:03:22 AM
The Indian government is left wing spend spend too, in fact one of the currencies that hasn't appreciated a lot against USD is the Indian rupee, but Taiwan, Australia, Japan, and New Zealand are tops in asia-pac.
 
Quote    Reply

YelliChink       7/23/2009 10:53:26 AM

The Indian government is left wing spend spend too, in fact one of the currencies that hasn't appreciated a lot against USD is the Indian rupee, but Taiwan, Australia, Japan, and New Zealand are tops in asia-pac.

Indian government has some serious deficit, but they aren't systematically robbing people's saving like commies do. If you look at those spending, you see that a lot was spent on infrastructure, which India needs urgently. You'll see the return from investment of infrastructure in five to ten years.
 
 
 
Quote    Reply

Le Zookeeper    YelliIf anything India is slower to finish projects.   7/23/2009 3:09:54 PM
But keep wishing things are changing.
 
Quote    Reply

YelliChink       7/23/2009 7:51:41 PM
You can praise the "commie efficiency." When the unintended consequences hit, you'll know that commie efficiency isn't cheap, and isn't efficient after all.
 
Quote    Reply



 Latest
 News
 
 Most
 Read
 
 Most
 Commented
 Hot
 Topics