It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
The success of the China Model marks the end of the “end of history
Originally posted by Blaine91555
reply to post by Surfeit
Nonsense.
China has no interest in seeing us do badly. As it is half their population lives on $2 a day and they are literally starving and it's getting worse because of their water issues.
This hype about China is just hype. They are sitting on a balloon that will burst and it will be way worse than anything we are seeing.
We stop buying, they go down. They said no to Europe though, so Europe is depending on the US to bail them out. They did a swap today I think to keep the EU alive for ten more days. If in 10 days they don't stop the handouts to their lazy, unproductive citizens, it all comes down I think.
China is very fragile and the hype is just political nonsense to scare the kiddies to control us.
We saw this with Japan and Reagan simply stopped the imports for one week and the Japanese leaders where on the White House steps begging.
For China to do well, we must do well. That is why they buy the debt. Not to make us fail, but keep us spending on their goods.edit on 11/30/2011 by Blaine91555 because: (no reason given)edit on 11/30/2011 by Blaine91555 because: (no reason given)
Originally posted by Blaine91555
reply to post by Surfeit
Nonsense.
China has no interest in seeing us do badly. As it is half their population lives on $2 a day and they are literally starving and it's getting worse because of their water issues.
This hype about China is just hype. They are sitting on a balloon that will burst and it will be way worse than anything we are seeing.
We stop buying, they go down. They said no to Europe though, so Europe is depending on the US to bail them out. They did a swap today I think to keep the EU alive for ten more days. If in 10 days they don't stop the handouts to their lazy, unproductive citizens, it all comes down I think.
China is very fragile and the hype is just political nonsense to scare the kiddies to control us.
We saw this with Japan and Reagan simply stopped the imports for one week and the Japanese leaders where on the White House steps begging.
For China to do well, we must do well. That is why they buy the debt. Not to make us fail, but keep us spending on their goods.edit on 11/30/2011 by Blaine91555 because: (no reason given)edit on 11/30/2011 by Blaine91555 because: (no reason given)
CHINA
Population: 1,336,718,015 (July 2011 est.)
GDP - per capita (PPP): $7,600 (2010 est.)
Population below poverty line: 2.8%
note: 21.5 million rural population live below the official "absolute poverty" line (approximately $90 per year); an additional 35.5 million rural population live above that level but below the official "low income" line (approximately $125 per year) (2007)
Population: 313,232,044 (July 2011 est.)
GDP - per capita (PPP): $47,200 (2010 est.)
Population below poverty line: 15.1% (2010 est.)
The Yangtze – Asia's biggest river – is experiencing its worst drought in 50 years, forcing an unprecedented release of water from the Three Gorges reservoir. The drought is damaging crops, threatening wildlife and raising doubts about the viability of China's massive water diversion ambitions...
...The drastic measure comes amid warnings of power shortages and highlights the severity of the dry spell in the Yangtze delta, which supports 400 million people and 40% of China's economic activity.
...up to 300 million people are drinking contaminated water every day, and 190 million are suffering from water related illnesses each year. If air pollution is not controlled, it says, there will be 600,000 premature deaths in urban areas and 20m cases of respiratory illness a year within 15 years.
China's water quality gives the researchers greatest concern. One third of the length of all China's rivers are now "highly polluted" as are 75% of its major lakes and 25% of all its coastal waters. Nearly 30,000 children die from diarrhea due to polluted water each year