@Trickzta – in my humble opinion...
Write your own opinion (In your own words). Copy and paste only to support or stand against an argument. Your copy paste style is nothing more than shot gun argumentation. If this was what debate was about then I am afraid that a few Canons will render your argument null and void.
In other words this is a debate not a literature exposition. You are not standing on the shoulders of giants, you are standing back quoting people who may or may not be giants.
It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change. – Charles Darwin
Interest was created by the west as a means to make the people slaves to the Lords of money.The Chinese Government officially owns the money supply. It is not entirely clear where the interest goes.
Why should there be any interest on money?
If you want more money from your money, then invest it in stock to sell or in a business to create an income.
Chinese business men are not like the west who borrow money to create a business, they work on a cash based society. You got cash, you open a business, if you have no cash, you do not go to a bank and borrow money to open a business.
This simple process is the reason that China is financially strong, and do not owe any money to no one, they simply do not borrow money. The west is in trouble because of this mindset of borrowing, and postponing the repayment to a future date. At some time it is going to catch you up, and this is what we have witnessed the last few years in the financial markets melt down. Every one owes some one with a promise of repayment in the future with an interest to have made the possibility of the loan a reality.
The businesses that survive the lean times work on cash, and not credit. The moment you run on credit and allow credit, you are going to be in trouble in the future, when one client goes south, the whole chain goes with.
Using gold as a basis to guarantee your paper money s the right thing to do. Right now the west has forfeited the gold as the guarantee of the paper money, and this is the reason that they are printing money, because it now has no guarantee or value, except in peoples minds. This reason alone causes what we call inflation, they have to some how try and reduce it's value, in order to create the impression that you are able to repay the loans made including the interest. This has been happening in our very lifetime. Think back on what you could buy with R1.00 30 years ago, and what value it has today.
The Chinese do not live on credit as the west does.
Victor - Knowledge is a blessing or a curse, your current circumstances make you decide!
Solar pumping, Solar Geyser & Solar Security lighting solutions - www.microsolve.co.za
If it was not for Philip and his Son a unified influential Greek state would not exist and the Western paradigm would not exist. I just hope we don’t piss it all away now
I would much rather complain about America being the boss than them being the boss.....any day all day long
It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change. – Charles Darwin
China is in a far worse place inflation/bubble price wise than US. Far worse multiple wise.
Food, Energy, Raw Material dependency is higher.
Population size is only good if you can effectively deploy it and it does not hinder your internal survival when autarky(economic) is imposed.
China is over estimating its' ability. On paper its a thundering behemoth, in life the quality control you get in its' nails does flow through to the turbine jet blades of the copied planes it has.
[long story short their jet engine blades crack which means the engine can go dead in air and the plane becomes a flying anvil]
Has there actually been testing of its missiles? that was independently confirmed like it is usually with Russia?
China and America won't go to war against each other in a hurry.
This I am repeating I know.
source: http://beforeitsnews.com/new-world-o...&utm_campaign=
All they need are a couple of Nuclear ICBMs to get through, nothing more. Those missiles don't need to be designed by themselves, Russia makes some really nifty missiles. Never f*ck with an enemy unless you are able to cope the the capabilities of its allies. The Americans are going to get a nasty surpirse one day when they go screwing around in another country again. I think that the entire world are getting tired of their Gung Ho f*ck everybody we can do as we please attitude.Originally Posted by cyppokagain
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