Originally posted by kingpins
Hi Infose
To put it simply China is a dictatorship and as such they will do anything to achieve their aims, civil rights, normal law and order, western accepted economic management are all of no consequence, even the figures and results that we see are often fabricated
Hey Kingpins, I dont see Western cultures and finance as being much different at all.
We have politicians that are beholden to companies who donate money, big banks and some who protect these organisations from scrutiny.
Western economic management has seen massive government debt, highest ever household debt, stagnant to falling real wages, 30% loss of buying power to our currency. An economy that is based solely on quarrying our environment and supplying China.
Financial management is in the crapper and as corrupt as it gets as we see from the Banking enquiry and that is just the small potatoes of the corruption that we are allowed to look at, what of the derivatives trading and of the massive amounts of money being shifted around the world by banks?
In the US we have an unspoken civil war starting up and California is the epicenter of it. Markets around the world are propped up with taxpayers money for those companies that will hold the indexes up. Trillions of dollars of tax payer money has been funneled into banks and where has all that money gone, I mean some one has it. Off shore accounts for the rich in no tax haven countries.
Governments using terrorism as a means to legislate laws to watch, listen and see everything you do. To top it all off we have politicians who lie often. Political parties whos senior people say everyting is ok and we love our dear leader and the next day stab him in the back and kick his a out.
We are living in an Orwellian culture.
I could go on but that is enough for now.