RIP Philo

Donald Trump is only a messenger. Why do people think he is

so important? The idea of the world economic system and globalization after the Vietnam war (Remember Nixon went to China) meant to open up China and create a new world economic model. It did work to modernize China at the expense of American middle class. So now can we pivot after we see how it works?

You guys keep thinking about the world in term of liberal and conservative and that is wrong.
Permalink DrNo 
March 13th, 2018 4:10pm
Which arrangement minimizes human suffering in the medium term?
Permalink Jones 
March 13th, 2018 4:14pm
I don't know but we can only go by what we had in human history.

Industrial revolution

How many economic systems did we have so far?
Permalink DrNo 
March 13th, 2018 4:17pm
Most of the wealth is not in China, it's in a handful of Americans.  While you're looking at the other, the owners are picking your pockets.

Another way of looking at it: All iPhones are made in China but where is the wealth that those iPhone's generated?  Not in China.
Permalink Send private email Almost Anonymous 
March 13th, 2018 5:05pm
China's leaders are playing a long game.  They make stuff cheaply, but we're giving them all our manufacturing technology.
Permalink FSK 
March 13th, 2018 5:59pm
Sure, he's a messenger, for Putin's agenda.

So apparently are you at this point.  Funny how that happens.
Permalink SaveTheHubble 
March 13th, 2018 7:46pm
> China's leaders are playing a long game.

Moving the goal posts now: from they *have* killed the middle class to the *will* kill the middle class...

The one thing I do know about China where I live is that a lot of wealthy Chinese are desperately trying to get their money of out of China any way possible.
Permalink Send private email Almost Anonymous 
March 14th, 2018 2:20pm
That was one of the factors that drove up our house prices. They were putting (or laundering) their money into our property. When rules relating to foreign buyers were tightened last year, they pretty much stopped buying.
Permalink ,ndo 
March 14th, 2018 2:31pm

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