China won't save the world from the financial crisis

[Swanny]

In yet another crushing blow to investors around the world, economists have dashed what some saw as the last remaining hope for a “miracle cure” to the global financial meltdown: China is not going to save the world.

As the financial crisis has spiralled, some have treated the relative silence of Beijing as a tantalising sign: China has vast foreign reserves, a huge sovereign wealth fund and has previously demonstrated its willingness to invest heavily in Wall Street. Many have been holding their breath for a dramatic move by Beijing to step in and calm nerves where Washington has failed.

Why would they want to?? They are now the number 1 superpower.

http://business.timesonline.co.uk/to...cle4912632.ece

[pineal-pilot-in merkabah]

Originally Posted by Swanny

Why would they want to?? They are now the number 1 superpower.

http://business.timesonline.co.uk/to...cle4912632.ece

it wont save it.. it will own it. the un is moving headquarteres to china buy 2011 i heard. maybe fullford is right it will be an orderly transfer of power to china by the rockafellas ect and keep billions alive. the only issue we face is if they start the depopualtion and if they do when does it start.

[Brinty]

If China becomes the world's new "owner", I would suggest that we all start to accustom ourselves to eating rice in all its different guises. I recall stories of prisoners of the Japanese during WWII being fed rice day after day. As their internal plumbing wasn't used to endless consumption of rice, their bodies started to deteriorate while the Japanese appeared to thrive.

That the Chinese 'powers that be' are contemplating this scenario is borne out by the reported shortage of rice on supermarket shelves

[pineal-pilot-in merkabah]

Originally Posted by Brinty

If China becomes the world's new "owner", I would suggest that we all start to accustom ourselves to eating rice in all its different guises. I recall stories of prisoners of the Japanese during WWII being fed rice day after day. As their internal plumbing wasn't used to endless consumption of rice, their bodies started to deteriorate while the Japanese appeared to thrive.

That the Chinese 'powers that be' are contemplating this scenario is borne out by the reported shortage of rice on supermarket shelves

i believe you will be assimilated by china/asian nations coallition during ww3.. that was one of the things that oddly made me stay in the uk and chance the bio weapons/poss nuke holocaust..figured there wont be anywhere to escape fully to or from once it gets going.. either pole perhaps??
as for diet thats a myth, its just malnutrition as a whole for POWs. brown rice is very good for you and high protein. im veggie so im used to that kind of food anyway

Dont worry about china. I live in Shanghai...Im writing this from Shanghai now. Dont beleive all you hear. The Chinese are not very well managed. In fact those of us living here managing factories and such must always watch them as they have a hard time "thinking". I know this sounds terrible but I am only speaking from my personal experince living and working here for the past 10 years. They are programed to "do" but not to "think" if that makes any sense. If all the forigners left china today there would be a serious problem here. Its most of us here that manage the masses...Without a leader they do not know how to move forward..just a few thoughts from the front line.

[Chinderland]

Hi, Mukk,

Interesting point there ... I am from China and I have a few questions here for you:

You said

I am only speaking from my personal experince living and working here for the past 10 years.

but you reached a generalized conclusion as:

The Chinese are not very well managed.

Don't you think it is a bit too quick and overbearing to make such a statement?

In fact those of us living here managing factories and such must always watch them as they have a hard time "thinking".

They are programed to "do" but not to "think" if that makes any sense.

You mean you can telepathically see if and what your subordinates are thinking? Is it possible that you are just part of the very program/system designed to suppress the individual thinking of the workers?

Or maybe you are not satisfied because sometimes you do want the workers to be able to "think" the way you want them to, so that it makes your "managerial" job a little easier? Quite paradoxical to me, though ...

Which country did you come from, and what kinda factories have you been "managing" in China? Do you speak Chinese? How much do you communicate with your "workers" outside of the time in which you "must always watch them" while "they have a hard time thinking" to match what you are thinking? How much do you truly understand them?

I admit that we, Chinese, need to learn more from Western cultures, but your statement such as

If all the forigners left china today there would be a serious problem here. Its most of us here that manage the masses...

is quite an overstatement to me, to say the least. Do you imply that we Chinese deserve your foreign "management" because we as a people are less capable than you?

You ended your claim with

Without a leader they do not know how to move forward..

Don't you think this applies to all cultures on this planet, more or less? And more specifically, do you consider yourself a good leader?

Please, I don't even want to ask how much you have familiarized yourself with Chinese culture and history, or else you will say I am just another Chinese ranting again about our long past.

Cheers.

I reject the entire premise of the thread title.

Some may choose to look at the global decline of market economics as a crisis - I don't think China sees it that way. And neither should we.

Remember, the Chinese symbol for "crisis" also means "opportunity." I believe they understand the duality, and will act on it accordingly.