LLLefty, <... China's economy is one disfunctional mess, the elites are looting the country, urban idle are growing, workers are protesting almost daily, energy use is falling and the economy very well may be shrinking.
In all, it's a charade and, once again, "we look look like gullible fools to the Chinese."...>
The Chinese economy is not shrinking. Look at all the products for sale with Made in China written on them. The quantity of stuff with that label is now overwhelming.
I think it might be true that "we look like gullible fools to the Chinese". Certainly the fools part of it. I have some sympathy with that point of view, but I'd add "hypocritical" and some other labels too.
Workers are protesting not only almost-daily but every-daily in the USA, Kiwiland and elsewhere. I'm protesting too! Maybe you mean in some special Chinese way?
<Urban idle are growing>. Fatter? More of them? Being urban idle myself, I think that's a desirable state of affairs. If the total population could be urban idle, that would be ideal. We could have machines and computers doing the hard work.
Some people consider the USA, Kiwiland and other economies to be dysfunctional too - some consider Japanese and USA economic collapse imminent. I happen to disagree, but China's economy seems to me to be one which is anything but dysfunctional. Growth rates for decades of 10% is not a bad performance.
If energy use is falling, some consider that a good thing. If it's due to improved efficiency, then it's definitely a good thing. I try to save energy [and everything else]. Entropy and waste are inherently bad.
Where do you think all the Made in China items come from?
Major Paradigm Shift has Happened in China. You should review your half-century-old ideas. Mqurice |