Chinese economic model replacing Washington consensus
Published: 22 October, 2010, 01:17
Edited: 22 October, 2010, 04:36
China’s rate of development on a global scale is moving faster and more consistently the other nations. Should the world take note of the Chinese economic system?
in the RTL there was an interview of some high shot of economic qadvisor to the american president who said that usa is not worried about gold standard because if quantiative easing -that is printing money doe snot help usa to reduce its debt burden vis a vis china and others who worked hard to accumulate foreinf=g reserve on the advice of americans through IMF then america has another plan B up its sleeve. he said that then america can avail itself not only of what it has in fox knot as 6 thousand tons of gold_not verified-but also 6 thousand tons of gold of foreng countries like of german7y which america can confiscate and will confisface if needed. so here you are. the country which d=forced gloabalisation ontohers ,when faced with bankruptcy because of its uncompetetive economy, is resorting to greand theft or robbery of others gold. first it does nto want to pay up what it ows to chinse or toehrs, failing which it wants to confiscate gold of even nato allies like germany(ofocurse it will never do that to england ebcause itis basically anglsaxon loot scheme).
China will become the New U.S... all by design. China will be the center of the New World Order, and Russia will also play a semi-prominent role in the new multination Cabal.
The only trouble with all the economic models in place around the world is that ALL the currencies are Fiat currencies. Are you going to buy bad debt with bad money?? That's what happened to the "global economy" in this worldwide depression. It's a depression, not a recession. You can't "stimulate" an economy by loaning "bad money" to a business which is a bad debt to begin with! You need Physical product produced by Physical wage earners to rebuild economies. There's No Such Thing as a "Trickle Down" effect! It's all "trickle up" because Anything that comes from the top finds its way there from the bottom! (just like a food web or trophic levels in an ecosystem) Without a solid base there's nothing for anything to stand on. The workers rule...and who has all the workers right now??
What is the Chinese economic model?
Steal technolgy and patents from Western Nations ?
Play with the currency when there is no tranparency?
Have a soft diplomacy language, but bully neighbors into
believing you own their land? Just how did China get their wealth?
from what nations? China will be a world calls player in maybe
50 years Soes anyone know what is really going on there?
You got to push itthis essetnial info that is!










The problem is that China´s income per head is similar to the one the U.S. had....40 years ago!