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originally posted by: EternalShadow
Here's a clue: fiat vs. intrinsic.
originally posted by: EternalShadow
Eventually, enough countries are going to ban together and cover the majority of the more than 8.96 trillion dollars of gold in existence so far.
originally posted by: Zanti Misfit
a reply to: FingerMan
Communism Destroys " Middle Classes " , they do not Tolerate them .Good Luck with that Chinese SHEEP .........
originally posted by: Zanti Misfit
a reply to: FingerMan
Really ? And you cannot Comprehend the Difference between a Totalitarian form of Governance compared to a Free Democratic Republic . Saying China has a " Middle Class " is just an Admittance of your Ignorance . My Condolences.......
originally posted by: Graysen
I think China has a larger, long range problem that hasn't been spoken of in this thread yet.
Americans tend to view china as a Monolith. Which it never was, even when Mao was alive.
There is an autonomous region in Northwest China, the 8th-largest country division in the world, called Xinjiang. (pronounced shing-shang by the inhabitants.
It borders Russia and Mongolia, but also many of the most turbulent/failed states in Asia
Kazakhstan, Tajikistan, Kyrgyzstan, Afghanistan, Pakistan, autonomous (china controlled) Tibet, and the Kashmir province of India.
Xingjian has most of China's oil; but it is so remote that the coastal cities find it cheaper to import oil from abroad than build the pipeline network required by the coast.
Part of the reason is the minorities that inhabit Xingjiang are either a) Mongolian and causcasoid Buddhist, or b) Turkic-speaking Islamists in the southwest.
There are large number of ethnic minorities (non-Han) who make up the whole population of Xinjiang. And while the Eastern part of China is seeing declining birthrates (the one-child policy is relaxed in the east), there is a population explosion of "foreign" minorities who are fervently devout in "foreign-religions."
The Chinese leadership has recurring nightmares that any kind of pan-Islamist movement in the Middle East will try to detach Xinjiang from China. It doesn't help that the region is surrounded by rivals who are Islamist, Indian, or European. The area has no natural boundaries to the west, and the lack of infrastructure would favor invaders or a peasant uprising.
There have been terror bombings of government installations in Xinjiang, and it where human rights abuses are reported of Concentration camps containing tens of thousands of detainees. There are unconfirmed reports of Han-Chinese genocide of non-Chinese ethnic and religious communities.
And now the neighboring Indian state of (Islamist majority) Kashmir is on total lockdown....
China is extremely vulnerable right now, from the west. And the situation will only get worse over the next 20 years, as the minority population becomes old enough to join a military...
originally posted by: Masisoar
a reply to: Irishhaf
China owns its own debt, they can write it off whenever they need to. Don't let that mislead you, especially if they break away to form their own reserve currency.
originally posted by: FingerMan
a reply to: Zanti Misfit
Bro. You are speaking hateful nonsense. Just go away. This is not reddit.
originally posted by: Zanti Misfit
originally posted by: FingerMan
a reply to: Zanti Misfit
Bro. You are speaking hateful nonsense. Just go away. This is not reddit.
I Deny Ignorance , do You > ? You and Mr. Graysen are talking Nonsense on this Thread . Check your Facts before you put them in Writing SONNY . COMMUNIST Countries do Not have " Middle Classes " , they have Slaves .......