Well, folks, here's one for the ages ... tell it like it is ... CASH MCCALL ... tell it like it is ...
CashMcCall Krink26 Wed, 05/02/2018 - 02:09 Permalink
Dumb post. China is self-funded. They are not selling your gov bonds to finance their deficits. Their debts are simply as lender to business expansion in China. They have tightened credit. But as long as China keeps growing, they enter no crisis at all. In fact after the Apple Earnings report tonight, it is clear that the US and Wall Street has vastly underestimated the Chinese Domestic market growth. China is the real deal. Though having a Communist government they are real Capitalist. They have had to stage this carefully over the building years but continue to emerge making one smart move after the other.
The US economy, on the other hand, is Corporate Welfare and Socialism falsely called Crony Capitalism. There is nothing Capitalistic about bailouts, too big to fail or cozying to the gov for green tax credits for electric cars which are first class junk. That is socialism, survival of the weakest. Capitalism you compete or you go extinct. If you can't compete with China then roll up into the fetal position and beg for Welfare.
This is not just about China. This is about ASIA and the rise of all Asia. In the early days of the Transcontinental Railroad, a scout and Buffalo hunter wrote that the Chinese would have to leave America after the railroad was built. He stated essentially the following "The Chinese work from the crack of dawn all day long, eating next to nothing, drinking little water and slinging the heaviest hammers. They work like machines. No Americans can keep up with this. No Americans would ever have a work ethic like this. That is why they will have to be sent back to China. They simply won't fit in with the slow pace of American life."
So as you send your lazy slovenly undisciplined unmotived kids off to American public school LGTBQ indoctrination centers Chinese children are doing calculus by 8th grade. They are not encumbered by the discomfort of your psychosexual social disease or the need to embrace a society hooked on drugs and TV. Intellectually they will mow you down.
The one thing stupid Americans like you do is to underestimate Asia. You got beat in war by a barefoot army out of North Vietnam and you learned nothing. You have never been to China. Less than a fraction of 1% of Americans have ever visited China. I travel to China every two years. Let me assure you, you are clueless about the Chinese. They are building an industrial colossus.
By comparison, I have been to the United States and traveled it extensively and I am shocked at how poor the Rustbelt and Southern states appear. Americans need to get off their lazy rumps and work instead of bowing to their insane gov regulations, that bar your citizens from doing anything with commerce. Kids in America get shut down if they start a Lemonade stand. Your gov shoots ranchers over grazing lands. A highly skilled welder can't work at a Union shop or for a construction company with a union. You have replaced ability and merit with nepotism, unionism, and affirmative action. You are a sick sick nation.
And you now have a mentally ill bully that seems intent on tabloid headlines and impeding trade with his moronic tweet storms. He attacks everyone. He's such a lowlife and you idiots think he is leading you to the promised land. He is taking you in the opposite direction, to the cleaners. He has spread bad will across the globe and America now has more enemies than it could ever hope to fight. Who is going to fight your battles against the giant Asian Armies... your millennials living in the basement? You better compose yourself before you contemplate taking on the world. America is in much worse shape than you can possibly imagine.
https://www.zerohedge.com/news/2018-05-01/biggest-player-history-world