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October 19, 2010 at 2:59 PM #18095October 19, 2010 at 4:13 PM #620090sdduuuudeParticipant
I know many are bullish on China these days, but I can’t help but wonder if their long-term prognosis looks very similar to that of the former Soviet Union.
The thing about centralized planning is – if you make a mistake, you affect billions of people all at once and it doesn’t make them happy. China seems destined for some social unrest in the long term.
October 19, 2010 at 4:13 PM #620726sdduuuudeParticipantI know many are bullish on China these days, but I can’t help but wonder if their long-term prognosis looks very similar to that of the former Soviet Union.
The thing about centralized planning is – if you make a mistake, you affect billions of people all at once and it doesn’t make them happy. China seems destined for some social unrest in the long term.
October 19, 2010 at 4:13 PM #620844sdduuuudeParticipantI know many are bullish on China these days, but I can’t help but wonder if their long-term prognosis looks very similar to that of the former Soviet Union.
The thing about centralized planning is – if you make a mistake, you affect billions of people all at once and it doesn’t make them happy. China seems destined for some social unrest in the long term.
October 19, 2010 at 4:13 PM #621163sdduuuudeParticipantI know many are bullish on China these days, but I can’t help but wonder if their long-term prognosis looks very similar to that of the former Soviet Union.
The thing about centralized planning is – if you make a mistake, you affect billions of people all at once and it doesn’t make them happy. China seems destined for some social unrest in the long term.
October 19, 2010 at 4:13 PM #620172sdduuuudeParticipantI know many are bullish on China these days, but I can’t help but wonder if their long-term prognosis looks very similar to that of the former Soviet Union.
The thing about centralized planning is – if you make a mistake, you affect billions of people all at once and it doesn’t make them happy. China seems destined for some social unrest in the long term.
October 19, 2010 at 4:32 PM #620182Allan from FallbrookParticipant[quote=sdduuuude]I know many are bullish on China these days, but I can’t help but wonder if their long-term prognosis looks very similar to that of the former Soviet Union.
The thing about centralized planning is – if you make a mistake, you affect billions of people all at once and it doesn’t make them happy. China seems destined for some social unrest in the long term.[/quote]
Bingo on the USSR comparison. China is one vast Potemkin Village. It has a shiny, pretty facade on the outside, but behind and beneath its a total friggin’ mess.
When you add the “One Child” policy to the various other significant ills (pollution, growing discontent in the populace with unfair income distribution, social unrest, etc), you’re faced with a country that will grow old before it grows rich, unless another revolution takes place, which is well within the scope of possibility.
As many American and European companies have found out: You do business with China at your own peril.
October 19, 2010 at 4:32 PM #621172Allan from FallbrookParticipant[quote=sdduuuude]I know many are bullish on China these days, but I can’t help but wonder if their long-term prognosis looks very similar to that of the former Soviet Union.
The thing about centralized planning is – if you make a mistake, you affect billions of people all at once and it doesn’t make them happy. China seems destined for some social unrest in the long term.[/quote]
Bingo on the USSR comparison. China is one vast Potemkin Village. It has a shiny, pretty facade on the outside, but behind and beneath its a total friggin’ mess.
When you add the “One Child” policy to the various other significant ills (pollution, growing discontent in the populace with unfair income distribution, social unrest, etc), you’re faced with a country that will grow old before it grows rich, unless another revolution takes place, which is well within the scope of possibility.
As many American and European companies have found out: You do business with China at your own peril.
October 19, 2010 at 4:32 PM #620854Allan from FallbrookParticipant[quote=sdduuuude]I know many are bullish on China these days, but I can’t help but wonder if their long-term prognosis looks very similar to that of the former Soviet Union.
The thing about centralized planning is – if you make a mistake, you affect billions of people all at once and it doesn’t make them happy. China seems destined for some social unrest in the long term.[/quote]
Bingo on the USSR comparison. China is one vast Potemkin Village. It has a shiny, pretty facade on the outside, but behind and beneath its a total friggin’ mess.
When you add the “One Child” policy to the various other significant ills (pollution, growing discontent in the populace with unfair income distribution, social unrest, etc), you’re faced with a country that will grow old before it grows rich, unless another revolution takes place, which is well within the scope of possibility.
As many American and European companies have found out: You do business with China at your own peril.
October 19, 2010 at 4:32 PM #620100Allan from FallbrookParticipant[quote=sdduuuude]I know many are bullish on China these days, but I can’t help but wonder if their long-term prognosis looks very similar to that of the former Soviet Union.
The thing about centralized planning is – if you make a mistake, you affect billions of people all at once and it doesn’t make them happy. China seems destined for some social unrest in the long term.[/quote]
Bingo on the USSR comparison. China is one vast Potemkin Village. It has a shiny, pretty facade on the outside, but behind and beneath its a total friggin’ mess.
When you add the “One Child” policy to the various other significant ills (pollution, growing discontent in the populace with unfair income distribution, social unrest, etc), you’re faced with a country that will grow old before it grows rich, unless another revolution takes place, which is well within the scope of possibility.
As many American and European companies have found out: You do business with China at your own peril.
October 19, 2010 at 4:32 PM #620736Allan from FallbrookParticipant[quote=sdduuuude]I know many are bullish on China these days, but I can’t help but wonder if their long-term prognosis looks very similar to that of the former Soviet Union.
The thing about centralized planning is – if you make a mistake, you affect billions of people all at once and it doesn’t make them happy. China seems destined for some social unrest in the long term.[/quote]
Bingo on the USSR comparison. China is one vast Potemkin Village. It has a shiny, pretty facade on the outside, but behind and beneath its a total friggin’ mess.
When you add the “One Child” policy to the various other significant ills (pollution, growing discontent in the populace with unfair income distribution, social unrest, etc), you’re faced with a country that will grow old before it grows rich, unless another revolution takes place, which is well within the scope of possibility.
As many American and European companies have found out: You do business with China at your own peril.
October 19, 2010 at 5:02 PM #620191faterikcartmanParticipantIn 1984 Oceania is always at war with Eurasia or Eastasia as one way to keep the populace under control.
China has almost 200 million more men than women. That alone could lead to unrest.
Can you connect the dots and find a possible solution for China?
October 19, 2010 at 5:02 PM #621183faterikcartmanParticipantIn 1984 Oceania is always at war with Eurasia or Eastasia as one way to keep the populace under control.
China has almost 200 million more men than women. That alone could lead to unrest.
Can you connect the dots and find a possible solution for China?
October 19, 2010 at 5:02 PM #620110faterikcartmanParticipantIn 1984 Oceania is always at war with Eurasia or Eastasia as one way to keep the populace under control.
China has almost 200 million more men than women. That alone could lead to unrest.
Can you connect the dots and find a possible solution for China?
October 19, 2010 at 5:02 PM #620864faterikcartmanParticipantIn 1984 Oceania is always at war with Eurasia or Eastasia as one way to keep the populace under control.
China has almost 200 million more men than women. That alone could lead to unrest.
Can you connect the dots and find a possible solution for China?
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