posted on Jul, 31 2008 @ 11:23 PM
China is in no way as depicted via the West. If you think the people listen to Beijing guess again. Making the RMB is king and the Chinese are not
poor.
In some ways Beijing has to clamp down or they would be seen as being weak. Though they are afraid of their own shadow and will use force and
re-education through labor on any perceived threat real or imagined. Which shows their paranoia in leadership.
There are a couple of factors that do keep the people from going bonkers on Beijing. One is the fact that they are taught from birth to not be
independent but rely on everyone else. This leads to a lack of self preservation, they will walk out in front of oncoming traffic believing they will
not get run over because the driver is looking out for them (they have the highest death rate on the highways of all the countries in the world).
Secondly, making RMB takes first place above all else.
If you were to class people as either wolves or sheep, the Chinese are sheep to the max. They will just walk into the slaughterhouse if told to and
not ask any questions. Those that do question are quickly dealt with.
China's real problem or as one might say fear is the collapse of the housing and mortgage market. They hold around 1.2 trillion dollars in various
bad debt portfolios. Should the dollar tank, they take a hard hit and are left holding an empty sack. So don't be thinking they are just setting by
and waiting for the crash...NOT. They are dumping the dollar at 130 million a day plus pumping the worthless dollar onto 3rd world countries as fast
as they can. They have been doing that since 2005. They might not come out smelling like a rose but it will be a flower none the less.
Couple this with the fact that Europe is the #1 consumer of Chinese products you can rest assured the CPC is here to stay. Besides, China imports
European goods at a rate that should make Washington jealous. The CIAers are looking at a small fraction of the on going issues in China.