Indeed and how -
How The Chinese Communist Party secretly operates it’s economy pretending it is improving standards making fake reports of token arrests when someone escapes!!!
Oh, oh, yes, cheap goods
and services -
Chinese Sex slaves in Australia
If any one saw ABCs story on the Chinese sex slave syndicates it gives you an idea of what is
normal for powerful Chinese. We see this as unthinkable, horrific and extreme. For them it's business!! They have not sense of human rights.
http://www.smh.com.au/national/lega...nal-sex-trafficking-rings-20111009-1lfxs.html
Merry Christmas -
Macro View
Taking a Macro View. What people don't seem to be noticing about this whole ongoing GFC is China. The roll it played to bring this all about. They kept their currency and labour costs so artificially low by using slave labour and currency manipulation to monopolized global manufacturing and cause much of the stress on countries who continued to try to play fair.
The real danger from this was that companies in countries playing by the rules would go bust or China would try to take them all over and rule the world! But most have managed to stay afloat and recapitalize. The world has been saved even though the crisis still appears to be in play.
The US has taken the first sensible step by printing money to counter what China has done for around 40 years by levelling the currency playing field, somewhat, as soon as Chinas labour costs became a little more realistic. This will counter some of the currency cheating China has been doing ( that no one will talk about openly) and allow liquidity for corporate activity when banks become confident to lend again.
The Chinese Communist Party is dropping the equivalent of 12 Hiroshima atomic bombs on it's own citizens every year and rising but in a way that doesn't get reported in the media nearly enough. - What kind of name would you give to that? That's how many die from pollution related illnesses due to the Chinese Communist Party Profiteering as the expense of the environment of it's Poeple. The Communist Party members have filtered air conditioning and property theyh can escape to all over the world. I'd say that's worse than collapse?! (And that's just one issue)
I will ask you this?
Is the computer you are using made in China?
Are the parts of your car made in china?
Is the food that you buy from takeaways/restaurants made in china?
Are the metals and ores of the resource stocks you own sold to china?
Oh no, does that mean you have blood of your hands?????
Therefore you are complicit in china's crimes because your purchase is what drives the alleged actions outlined.
China is what pulled Australia through the GFC.
Not the US, not Europe, not democracy or politicians borrowing more debt or printing money.
Almost everybody is corrupt, almost everybody is self interested.
That is the first rule of fiance and human nature.
People get abused in Syria, Zimbabwe, Congo....
All around the world.
That is the reality.
The Communist Party members have filtered air conditioning and property theyh can escape to all over the world. I'd say that's worse than collapse?! (And that's just one issue)
[/QUOTE]
A collapse is a fall in assets prices caused by a macro economic event.
That is something I can profit from .
That is is something that I predicted/semi predicted.
It is a thesis, an idea that leads to decisions which are profitable
That is something that I invested/ traded assets in strategically.
Complain and beating china doesn't help me or the chinese people.
It is just complaining eternally and saying I told you so when something bad happens.
It's just plain depressing and fruitless.
Now if you said well xyz therefore I think chinese equities will go down or global equities will go down or chinese currency will go down then sure that would be an international market debate.
Not china is bad, they abuse people rhetoric everyday which is not directly related to any tangible outcome or investment decision.
my two cents