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Posted

Why and how is the greatest capitalistic soceity AMERICA in such great debt to CHINA - the worlds greatest communist society? How did this happen and why? Is it possible that both sytems are the same system? Is it also possible that China beat America at it's own game, and how is AMERICA going to escape the clutches of CHINA? AND MOST IMPORTANTLY - who are the people who faciltated this massive sell off of property, and human beings to some foreign nation that does not even like or respect the west - who betrayed us - that still lurks in our own ranks?

Posted

China is far from a pure communist system these days. The reason they are finally have substantial economic growth is because they have adopted many aspects of a free market system. China is going to have plenty of its own economic problems coming up, however, due to the demographic effects of their one child law.

How is America going to escape the "clutches of China"?

Well, one option is that the American economy will eventually return to prosperity at a time coincident with a leadership who sees the benefits of paying off debts.

Secondly, from the Chinese perspective seeing America's economy fail and all those hundreds of billions of debt become worthless is the last thing they want. So if the US ever gets in really deep economic trouble, you'll see its international lenders more than willing to renegotiate the terms of the loans so that they actually get them back, even if it takes longer or at less interest or whatever. They'd rather get some of their investment back than none at all.

Thirdly, if the US economy totally tanks and foreign lenders aren't willing to renegotiate loans to something that the US can pay, the US can simply default on their debt. That would make future borrowing much more difficult and expensive, but could be a viable measure of last resort, especially if the leadership becomes isolationist or confrontational.

Keeping all that in mind, the majority of the US government's debt is owed to American individuals and corporations that purchase government debt, not to foreign countries.

Posted

China is far from a pure communist system these days. The reason they are finally have substantial economic growth is because they have adopted many aspects of a free market system. China is going to have plenty of its own economic problems coming up, however, due to the demographic effects of their one child law.

How is America going to escape the "clutches of China"?

How about by investing in China ? There's a bit of a shell game going on here where people are talking about "China" being a country with citizens that own factories that produce goods to export to the US. In fact, countries are not what they used to be.

Foreign international investment in China accounts for about 60% of imports and exports. Which means, in terms of exports, "China" could really mean "Sweden" "Hong Kong" or "America".

Keeping all that in mind, the majority of the US government's debt is owed to American individuals and corporations that purchase government debt, not to foreign countries.

Good to know.

Posted

How about by investing in China ? There's a bit of a shell game going on here where people are talking about "China" being a country with citizens that own factories that produce goods to export to the US. In fact, countries are not what they used to be.

Foreign international investment in China accounts for about 60% of imports and exports. Which means, in terms of exports, "China" could really mean "Sweden" "Hong Kong" or "America".

Yup, another good point.

Posted

ANY nation invested in slavery will fall

If you understand the history of US and your own country, though lawbook-correctly and rhetorically "no colonial history" they might be, but you will find that not every nation invested in salvery will fall...... :P

Posted

If you understand the history of US and your own country, though lawbook-correctly and rhetorically "no colonial history" they might be, but you will find that not every nation invested in salvery will fall...... :P

Yeah, the Sudan is doing real good ...

Posted

Communism merged with Capitalism Have they always been the same thing?

The structure of a capitalist organization is not dissimilar to the structure of a communist government or any organization. The greatest difference lies in their function. A communist government has the function of controlling society outside it's structure as well as maintaining the structure in order to oversee society and the economy. A socialist government is a progressive government and it's level of progressivism or socialism determines the degree of state intervention and regulation in the society.

A capitalist organization has no authority to regulate or intervene outside it's structure or contractual agreements with other organizations or individuals cooperatively arrived at. If all individuals in a society were included within the organization then the terms capitalism and total socialism could be considered synonymous. Communism as part of it's definition is the attainment of the total state through revolution and so could never be considered the same thing as capitalism. Capitalist organizations may long for monopoly and attempt to eliminate competition but it has no "legally" recognized power of force. Government may provide force through privilege or contract that grants an organization a favourable position over competition but that would be a socialist arrangement of the right wing variety of socialism.

I want to be in the class that ensures the classless society remains classless.

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