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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (25845)	12/22/2009 4:29:41 PM
From: Real Man	1 Recommendation Respond to of 71445

You may be right, and you are definitely right about the Chinese having savings. I have not been to China. It's a strange mix, and I don't have much to add to my post, except that growing up in a totalitarian society, this stuff below (2009 picture) scares the guts out of me. The political system in China is definitely not a democracy, it's a totalitarian Communist regime, in which the ruling party made some market based reforms. Does it mean the economy will stumble tomorrow? No. -g- As for the US, I think the threat of losing the democratic society was remote to begin with, and it probably ended with W. Not that we can project democracy way into the future, but so far so good. Tough times can certainly lead to unrest and a regime change, and I think we have just seen the beginning last year.

To: GST who wrote (25845)	12/22/2009 4:55:23 PM
From: Real Man	Read Replies (2) \| Respond to of 71445

They are dealing with democracy quickly and much more efficiently than we dealt with terrorists in Gitmo. I have to disagree about political risk in the US being higher than in China. If there is any remote risk in the US, that would be for us to become "them". That would be a nightmare. China is politically a totalitarian society. Note the issue of "state security". Dangerous stuff. <G> en.wikipedia.org Foundation While the earliest date listed for the founding to be June 25, 1998, the group registered the party on June 28, 1998 when Bill Clinton was visiting China.[3] Wang Youcai, one of the main activists during the 1989 Tiananmen protest along with Wang Donghai and Lin Hui went to the Civil Public Affair Hall of Hangzhou in Zhejiang Province to officially register this party. The registration was declined.[3] Communist Party response The next day on June 29, 1998, Wang was arrested by the state police at his own home in front of his family members. He was charged with creating opposition against the Chinese government.[3] His trial began on December 18, he had no lawyer defense, his trial lasted only a few hours. He was quickly sentenced on December 21, 1998 to 11 years of imprisonment and three years of deprivation of political rights for subversion.[3] On the same day, Xu Wenli, a 55 year old member was also sentenced to 13 years for overthrowing the Communist party.[4] On December 22, 1998, Qing Yongmin was sentenced to 12 years to prison for harming state security.[4] Li Peng, Chairman of the Standing Committee of the National People's Congress at the time proclaimed, "If a group is designed to negate the leadership of the Communist Party, then it will not be allowed to exist."[1]