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IS China actually more economically fucked than us?
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Topic: IS China actually more economically fucked than us? (Read 593 times)
whork25
Getbig IV
Posts: 1653
Getbig!
IS China actually more economically fucked than us?
«
on:
December 28, 2010, 05:47:22 AM »
http://www.businessinsider.com/smart-money-getting-out-of-china-2010-12?sailthru_m=h2nr
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Al Doggity
Getbig V
Posts: 7286
Old School Gemini
Re: IS China actually more economically fucked than us?
«
Reply #1 on:
December 28, 2010, 07:02:08 AM »
Yes.
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Al Doggity
Getbig V
Posts: 7286
Old School Gemini
Re: IS China actually more economically fucked than us?
«
Reply #2 on:
December 29, 2010, 06:36:58 AM »
I'm not sure how the myth came about that China was on it's way to being an economic rival to America. The country is overwhelmingly poor. The economy itself is bouyed by its mere size and surplus of what is essentially slave labor.Their export sector is comprised of down-market goods and still is nowhere near as large as ours.
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loco
Getbig V
Posts: 20457
loco like a fox
Re: IS China actually more economically fucked than us?
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Reply #3 on:
December 29, 2010, 07:55:18 AM »
Can you imagine 1,341,450,000 Chinese buying new cars and trying to drive them through their cities? They'd have week long traffic jams.
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Getbig.com: American Bodybuilding, Fitness and Figure
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IS China actually more economically fucked than us?