Videos about real estate, China

The US / UK / West’s economic war on China

If only the West would learn from China the way that China learns from the West.

The difference between the American Dream and the Chinese Dream ? The Chinese Dream is being built while the American Dream is pure Hollywood (just a dream / fiction). One can only ever be for a few while the other is for all. Is it money or people that is the fundamental value ?

Western 'freedom' is a system where the majority will be poor, to pay for spreading that 'freedom' (control / global hegemony) worldwide. The neo-colonial nations aim to keep the rest of the world down - and this supremacist agenda has caused endless wars and famines worldwide.

The difference between the West and China is that China thinks long-term and innovates, while the West just tries to cling onto its 'supremacy' and is hence declining.

The West's economic detachment is the first step to a hot war.

With Radhika Desai and Michael Hudson ...

[video v=4l3EbRUOGsI]

China’s economic prospects

The similarities between China today and Japan in the 1980s may look ominous. But China’s boom is unlikely to give way to prolonged slump.


CHINA rebounded more swiftly from the global downturn than any other big economy, thanks largely to its enormous monetary and fiscal stimulus. In the year to the fourth quarter of 2009, its real GDP is estimated to have grown by more than 10%. But many sceptics claim that its recovery is built on wobbly foundations. Indeed, they say, China now looks ominously like Japan in the late 1980s before its bubble burst and two lost decades of sluggish growth began. Worse, were China to falter now, while the recovery in rich countries is still fragile, it would be a severe blow not just at home but to the whole of the world economy.


[...] Scary stuff. However, a close inspection of pessimists’ three main concerns—overvalued asset prices, overinvestment and excessive bank lending—suggests that China’s economy is more robust than they think.


http://www.economist.com/world/asia/displaystory.cfm?story_id=15270708


It is worth reading the comments too.

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