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Politics : Formerly About Advanced Micro Devices

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To: James Seagrove who wrote (1093447)	10/16/2018 3:44:46 PM
From: RetiredNow	Read Replies (2) of 1578655

Wrong. China is a Communist country. To the extent that their economic growth has succeeded in the past 30 years was due to them opening up their economy a little bit to Capitalism. But like all true Communists, they are in the process of ruining that prosperity. They are now engaging in typical Communist actions like demanding board seats go to Communist Party members. Controlling the key industries through politburo members. Extending their growth through massive debt and liquidity injections guaranteed to lead to a collapse as in the Soviet Union, implementing a massive government surveillance program through the internet and cameras and other means, and "disappearing" people who don't follow their ideology. Nope. China is not Capitalist. They are Communist and becoming more so every day. They had a brief flirtation with Capitalism, but those days may be over, as long as President for Life Xi is in power.

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