re <<You need a dose of Austrian School.>>
... funny, very funny, telling me about the austrian school ;0) a hoot.
Re <<Communist regimes fails because they don't have price mechanisms.>>
funnier still, telling me about communism ... communist regimes ... where? you must be seriously confused. the pricing mechanism in my neighborhood is working just fine, accounting for zirp / nirp at the core of the kernel so far away, to the north west and west and north east directions.
Re <<It is the market that decides what is and what is not constructed.>>
... you must like preaching to the choir, to hear your own voice resonate off of the walls. And, oh, btw, the market is temporarily broken, in case you are unaware, and for awhile longer.
china, in the mean time, is building what china needs, per imperatives. all good, close enough for the big picture.
Re <<In communist regimes is a couple of guys doing backroom deals building by the sake of size. It never works>>
... am unsure what this has to do w/ anything, but for giggles, ... and the protocol differs from some other existing systems exactly how? you just made my day filled w/ joyous laughter.
... by the way, china is in normal monetary space. i know it is hard to you to tell at such distance, but that does not make it untrue.
... you must talk to the ming dynasty folks.
in the mean time, ponder the young bull market
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