What Chinese Consumers Can Teach Americans

Reader Comments

Back to blog

Indeed. I remember articles like this one being written and published along with the hyteria of the movie" The Rising Sun" a paranoid prediction of our future under our new Japanese masters, who would own America and would use and dispose of our daughters as if they were Kleenex.

I also remember how the CIA predicted the Societ Union would ultimately win the cold war because their system of communist dictatorship allowed them to scientifically direct their economy in whatever direction was needed even as they stole from the West because we were too dumb to relaize what they were up to. This "USSR wins cold war" attitude convinced 90% of the "Sovietologists" in the agency as well as at the NSA and in the DOD. When the whole damn Russian farm came tum bling down and they were reduced to begging nickels and dimes from their East European Satellites,(if you pay us; we will go home to Russia), and eventually begging foreign aid from their former enemies, the USA. They had ,(and still do) , to sell their extra bombs and nuclear rockets to us to pay their gas bills. They have only now become barely self sustaining by stealing as much US and West European technology as they can and paying Western and American corporations to help them rape their country and it's people .

Similarly, numerous Chinese functionaries have admitted , in public, that they have cooked their books and that their growth is more like about 5%, at best and that they are beginning to suffer from inflation and the aftereffects of a totally corrupt government system which reserves all the "prizes" for children of party members and the very-very rich.

This kind of oligarchy, with no basis in the realities of competitive education is not even 1/100th as efficient at educating it's students than the heirarchical Japanese system, and China will end up with a bunch a well credentialled criminals running it's banks and corporations.

Nor can It train real engineers, or developmental scientists because these kinds of scientists are not immediately productive and need to be able to work in free atmospheres, like in the USA or in Western Europe.

China is like a very big, very creaky machine, moving ever so slowly towards a precipice which , even while all can see it, all are too busy making as much money as possible before the crash to say or do anything to stop the oncoming disaster.

America would gain nothing but further ruin if we imitated such a suicidal endeavor.

sig Kreusz of NY 12:40AM February 12, 2011

mad at being a poor loser ?

Sho 11:30PM November 15, 2010

Whoever wrote the last comment has obviously not been to China or worked with Chinese. It should remind people in the US that many of need a reality check and get back to some basics.

Daniel in MD of MD 11:54PM November 10, 2010

Add Your Thoughts
Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

Back to blog

Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

advertisement

advertisement