Is the current state of China different from what you expected?
John Smith
11/03/11 3:41pm
The difference is THEY ARE ALL CHINESE. Why don’t we get that?
Kayo
11/02/11 8:49pm
Good job making it apepar easy.
Anonymous
10/26/11 7:24pm
China is single most dangerous entity to global peace & tranquility.Islam is escape goat and being used by communist nation to keep West occupied.Designs of China are gruesome and evil.If China has to gain trust ,it has to declare itself as democratic and decontrol its currency.
Lea
10/25/11 5:23pm
nstein which has stopped development in the US. Getting rid of Obama, Nancy Palosi and Harry Reid will be the first step back to free enterprise.
paul costello
10/22/11 10:59pm
want to commend the film producers behind the show-a complex issue made clear in a 5 minute video is a real feat. well done guys, whoever you are.
Queen of Hearts
10/22/11 4:01am
America can be number one again. With or without Wall St.
johnny
10/21/11 12:05pm
i personnaly believe that in the future capiatlism can`t survive because for most of the people in the world nothing changed.
chinapologist
10/21/11 7:56am
“You are just apologists for tyranny.”
And you in the US is just a bunch of racist high-tech murderers who thoughtlessly kill tens of thousands in poor countries to impose your values on them.
–See how stupid one-liners are, both yours and mine? Both offend, neither takes the debate anywhere.
khepera
10/21/11 3:16am
People forget that China is an ancient country, which speaks to its proven longevity, the USA is only 235 years old, so in the grand scheme of things China has already gone through cycles of rising and falling and rising again, the US has not had that experience of collapse/decline and rising again. So while the US came into being and accelerated faster than any other previous nation, its decline could also be as rapid if it remains short sighted an only profited driven..It has to remember that its greatest resource are its people, from whom will come the innovation and ideas that will keep it competitive for a long time…It’s folly to look at China as just another undemocratic entity, while our political structure continues to slowly be irrelevant to the day to day aspirations of the average american, we too have major challenges in the USA, that unless we address, we will not be able to claim superpower status for very long…after all a paper tiger is just that…
Deneice Foster
10/21/11 1:40am
The population growth, economy, job market, education, unemployment, and etc. also has to be taken into concern. Just because the numbers look good on paper does not reflect its value in reality. Do not for the radiation mishap that took place. Before I end I would like to remind everyone that if China was worth its weight in gold then why are there thousand of those people beating on America’s door for a green-card. This country’s leaders are to spoil and status hunger to stand in second place to anyone or anything.
czoch
10/20/11 7:51pm
Who cares about GDP numbers? China has 4 times as many people as the US. They should have a higher GDP. The figure to look at is GDP/worker, which will take china, at current growth rates, over 50 years to even come close, assuming the US does not grow at all. GDP per worker in china is 5X lower in china than the US.
Shawn E. Ballwin MO
10/20/11 5:54pm
To me it’s very simple and those in power know what they are doing. It’s never about the workers, it’s always the leadership. All in Washington know what they are doing. It’s the bleeding of American Wealth at the expense of the middle class worker as these funds are moved out of the U.S.
I’ve asking more than 800+ people the same question: “How do you create true economic wealth without taking something from the ground?” I’ve only obtained one answer and it’s the oldest profession in the world.
My thoughts, all economic wealth comes from the ground. I’ve spent the past 10 years being force to help train Engineers and manufacturing reps in China & India related to manufacturing goods. We better get focused on making and buying U.S. made products.
Eight years to go for me….good luck to the rest remaining.
makenzy
10/20/11 4:58pm
yes
Karl Leger
10/20/11 4:44pm
It is folly to assume that China’s growth rates will remain constant or high. Demographic pressures alone will greatly reduce the current growth rate. Japan had double digit growth rates for decades before their house of cards collapsed in the 1980s. The same will happen in China.
We must all stop assuming that China’s GDP will overtake US GDP. It is not pre ordained. Even if China’s GDP does surpass US GDP this alone will not change the US status of sole superpower.
In addition the authoratative government of China is inherently unstable and illegitimate. It could collapse at any time with catastrophic economic consequences.
Those who speak of the inevitable rise and dominance of China are very likely to end up in the dust pan of history along with those foretold of economic and political dominance of USSR in the 1960′s and Japan in the 1970′s.
To give perspective, China’s GDP p
Hinda
10/20/11 4:34pm
No. It is just taking a bit longer than I expected. America has too much hatred to be aware of what is happening. If they stop hating each other, perhaps they could stay on top. As it stands, while they harbor hundreds of hate groups, China is controlling its people in a quiet manner, giving many some of the pie while they move the whole country upwards. This is not to say that there is no hatred in China. It is just not as prevalent as it is in America. You have an “against” group for everything.
Douglas-Paul:nelsen
10/20/11 4:29pm
The Twelve fishermen is the name of the non- profit vocational school awaitng it’s launch by co-founders 2012 .Truely one of America’s hopes to restore its people,s dreams! respond to douglaspaul@safe-mail.net
Douglas-Paul:Nelsen
10/20/11 4:16pm
Use An Affidavitt/Declaration to co-found a non-profit vocatinal school in the form of a request for proposal to ask someone : “Of all of yourl life’s experiances, what would you feel would be your most valuable and something that you could menter another to further thier education & yours? Then ask them to value their time hourly considering health , dental , and retirement beneifits. Sign a notorized promisary note for 12 hours of time at an equivilent amount of the hourly rate , send to the non-profit vocational charter registerred mail insured for the total amount of the note. The CFO of the non- profit then takes the12 hour promisary note which comprises of 12 coupons ,one for each hour redeemable for finding one other party to agree to co-found , then sends it with a 1099 OID & a 1040 Voucher to the fedral reserve bank of Chicago asking for a letter of credit be established at the non-profit bank to be drawn down upon each coupon that be submited. A tremendous cash flow of tax deffered dollars to employ Americans by yours truely Executive Counsel Douglas-Paul:nelsen
Douglas-Paul:Nelsen
10/20/11 3:37pm
we need to network market volunteer time in a vocational / employment opportunity to train service type vocations in recycling & green energy related savings for commercial & residential real estate.
samuel carter
10/20/11 3:18pm
well of course it is invention that will change the course of america and i have one that will change the world i really mean light up our planet as we now it for a price of course contact me at genesis carter@gmail.com
The American
10/20/11 2:30pm
ECONOMICS 101 – The governments role is to help facilitate a viable atmosphere for Americans to work, prosper, fail, try again, in a level playing field. Over 20 years of bad economic policies and over regulation from the Federal govt, all the way down the food chain to State, local municipalities has left us in a DISASTER and MESS. We have been asleep at the wheel to the point there is so much political unrest which turns to social unrest with the status quo of low tax rates, corporate loopholes, high unemployment and a country torn apart and divided which is EXACTLY the way they like it and the largest deficit in U.S. History. I worked in the industry and am an expert and would debate ANYONE on CNBC for America. It’s quite simple, just follow the money. There is NO growth here and if anyone considers the jobs numbers good it’s DISGRACEFUL and has seemed to become the new status quo. Can’t can’t can’t can’t seems to be the new norm in America. When you become a nation of consumption-The key word is CONSUME the money flows out of the country into other nations which in the last 30 years or so have become RICH while Americans are suffering. Iran is part of OPEC which the last time they met they all walked out with no agreements so as T. Boone Pickens said that this could be the beginning of the end to OPEC. So we send our money flows out for our energy needs and our money flows out to China every time we buy something. If all we do in consume with no manufacturing base you loose jobs, business along with the innovations that come from it. The CEO from DOW Chemical said it best that when you lose manufacturing the person who is working at that business building a product is most likely to build the next generation of products. Well said and absolute TRUTH. With trillions on the side line it is sad that nobody is willing to take the risk to invest in America. We need an ENERGY POLICY. My biggest fear is when economists start figuring out how many TRILLIONS of dollars it was worth in future loss of revenue with the lack of innovation you see the valuations coming down in American Corporations because we not only handed our technology to China we were dumb enough to pay them to do it with only 49% interest as the Chinese own the other 51% and they help you set up shop! Not a bad deal BUT for a quick buck on your next quarterly earnings report as short sighted as politicians. I ask any economist with half a brain how MUCH is and was it worth as valuations come down across the board despite growth you also have more and more competition that are coming online to the market place with Chinese Corporations stealing intellectual property rights and have more hi tech than we can possibly know as they are making all hi tech components and computers between the U.S. And EU it would be just STUPID to underestimate them. THEN the DJIA will be valued for what it will be worth and how much future loss of revenue will be lost and more important how many American jobs it was worth. As far as I’m concerned American Corporations at this point in time could not be anymore un-American with their back door deals and lobbyist who own our Government and this will come back to haunt us in a galaxy not to far away. By the time we wake up it will already be to late. The TRILLION dollar question is what will happen when China will no longer need to depend on our economy. Will they still hold our debt? We should have been downgraded further and the CEO of S & P had to resign. We need a SERIOUS reality check and China is setting their own stage in 2012 they will open their own Precious Metals Exchange so they can buy Gold in their own currency and it will only be a matter of time as ant major economist said they will be the largest superpower within 10 years. Their actions already speak in volume and have openly accused the US and EU for surpressing the prices of precious metals and with all the money printing gold should be 5000 an ounce and silver should be between6-900 per ounce. Can you see the plan yet? They are encouraging their citizens to buy gold and silver. I was in the financial industry and last time I looked a gold coin does not pay a dividend and is a means as a preservation of wealth and I would choose that as a safer longer term investment than most companies that trade on the exchanges. These high paid CEOs have no major stakes in the companies that they are in, they pinch pennies and nickels for their quarterly earnings reports but do WE THE PEOPLE truly know how competitive we will be when China is selling a Boeing jet under their own name for half the price? What will the stock be worth other than government contracts? We need some real leadership and RADICAL American thinking. China has the fastest super computer in the world and are making more investments in renewable energy and resources that is 1/10 of what we are putting into our own innovation. I have yet to see any MAJOR or noteworthy investment in America since the twin towers and it makes me SICK to see our skyline, rotting infrastructure to the point that bridges are falling in America and killed our fellow American citizens that could have been anyone of us! Government at Fed, State levels along with the Unions and Corporations need to get together and do the impossible and get OUR house in order. Rising food and energy costs as well as taxes and just “The Cost of Living” will continue to Rise and rise and rise with growth population, demand, and globalization for our children, and our children’s children who will for the first time will be competing for jobs globally as the unemployment rate that is here to stay unless we do something otherwise the BABY Boomers who were the wealthiest generation in America will have destroyed everything my Grandparents built!
Jay
10/20/11 2:06pm
No it is not. Unlike the United States. China and various other countries that are more evolved understand, cultivate and invest in talent and experience. Unlike the united States, China may see long term value in investing in so called third world economies. In the United States, black males, one of the most disenfranchised groups, hosts a multitude of talent, motivation and raw skill. However, as a result of racism. The United States and it’s private enterprises, especially those in technology, the arts and science continue to discriminate and reject black males. For lands like China, such a large disenfranchised group represent raw resources to be used in some capacity in the development of a nation’s growth. America has always placed its racism in front of economics. Some other nations are more civilized in their approach and place economics ahead of bias and racism. Thus allowing them access to mold and engage raw untapped centers of talent. The ‘american black male’ who has so been charged with being a menace to American society. Is a creation of the very fact that the usa will not invest in it’s own people. Thus stripping any living being of hope, opportunities and a chance to contribute produces the very results americans claim to resent. China takes a different approach and as a result they shall once again rule the world. The usa has everything it needs right in America to dominate the world market. However there is no investment here in innovation or experience. Talent in this worthless land is defined by certificates and degrees and not by original thinking and knowhow. There is no creativity and no art in anything. Thus there is no edge. I personally have ideas worth millions of dollars but no one is willing to invest in them. That is unfortunate. These days I am more focused on my exit from the United States forever. It doesnt care about me so why should I care about it. maybe I will go to China. They have shown me in business a greater respect than all of my days here in this land. America is a great place for white women to get rich and become powerful. It is a matriarchal society that places no value and lacks investment in innovation, talent, art, original thinking, Men, boys, families and community. America is DEAD. Perhaps that is not such a bad thing.
john
10/20/11 12:35pm
they will compete to survive, americans have to follow a system that will compliment areas of density , and integrate all our rescources, to balance the challenges of the future..
Aminka Ozmun
10/20/11 12:14pm
My boyfriend’s Chinese and though he doesn’t actually keep up all that much with news about China, he’s almost never surprised at the developments that are reported. I don’t want to sound like Confucius or something here, but he often likes to tell me a very wise short story traditional to China. It goes like this:
An old man had a farm with a horse for plowing the fields. One day, the horse broke loose and ran away, and the old man’s neighbors tried to commiserate with him at his misfortune, only to find that the old man wasn’t at all affected. The next day, the horse returned and brought with him a handful of other horses, and the old man’s neighbors came round to help the old man celebrate — except the old man wasn’t at all affected by the turn of events.
The day after that, the old man’s son broke his leg riding one of the new horses, and the neighbors marveled at the old man’s wild swings of fortune — but the old man himself was not affected. Then, the day after that, the army came through the village and mustered all the young able-bodied males…but had to spare the old man’s son on account of his broken leg.
As his neighbors shook their head in disbelief, the old man carried on as always. Detached.
Sorry if that was corny, but it’s always captured for me the Chinese mentality!
Larry Woods
10/20/11 8:15am
Not only is the shear size of China’s population daunting, but their strong sense of “Culture” and “family” is enabling [it] to pose a tremendous challenge to America’s position not only as the world’s number#1 economic power, but also from a militaristic perspective as well. As Napolean Bonaparte was alleged to have said, “Woe beyond to the world when that sleeping Giant(China) awakens!” China is just beginning to stretch froma long sleep!
BIJAN ATAIAN
10/20/11 7:23am
CHINA WILL NEVER BE THE NO. 1 ECONOMIC POWER IN THE WORLD, IT IS HARD ENOUGH TO FEED 1.3 BILLION PEOPLE THREE TIMES A DAY LET ALONE TO BE NUMBER 1. THEY MAY CONSUME MOST OF THE FOOD IN THE WORLD, BUT BECOMING THE NO. 1 ECONOMIC POWER, NO WAY. DO YOU REALIZE HOW CORRUPT THEIR SYSTEM IS, WITHOUT BRIBE TO OFFICIALS YOU CANNOT GET ANYTHING DONE YOU DON’T BELIEVE ME GO INVESTIGATE AND FIND OUT IF ANY GOODS CAN PASS CHINA CUSTOM WITHOUT BRIBE .
John Jones
10/20/11 6:58am
Very nice videos, but China is leaching off American, and America needs to put a stop to it.
Darin Walker
10/20/11 2:07am
This is very fascinating and exciting. I’ve always felt that China has a special contribution to the world that is yet largely unknown, and the unfolding of their social/economy appears to be showing the signs of that contribution. I can hardly wait to see more of China in the world’s affairs.
Richard Cornell
10/19/11 7:44pm
Please excuse a few typos in my reply to you.
Richard Cornell
10/19/11 7:43pm
I agree totally with your observations! For ytje past five summers I have traveled around various parts of China and have seen, firsthand, what6 you are describing. I teach an e-Learning graduate class for the University of Texas at Brownsville. The course is titled: E-Learning International Issues.
Because of the great student disparity of what they know about China (and Taiwan), I have developed a case-study approach. While my students remain in Texas, I wander around various parts of China and twice-weekly we go live on Blackboard software. As I go I shoot various video clips and still photographs that the students can then access to see where I was or where I will be going.
The challenge you describe now (and in your book, Megatrends China) convinces me I have to really get working much harder while I can (I am now 78) to ensure as many of my students as possible understand what is at stake…the issues you both so eloquently mention!
Para os EUA saírem da crise, evem conversar com o Brasil, e toa América latina, pois aqui tem a teologia e filosofia a libertação. Um novo jeito de criar a economia solidária, poe afetar o mundo com coisas positivas e boas para o mundo corporativo e diminuir as mentiras e fofocas economicas.
Phillips
10/19/11 5:09pm
The reason China is growing economically is because most of the U.S jobs are in China. Just about every item you buy is made in China.Greed has caused this nation to be in an economic crisis and you cannot blame one man for the debt of the nation.
Ron reid
10/19/11 4:32pm
No it is not different then what i expected on their end but we sure are missing the boat for the United States. China makes decisions that will further the counrty as a whole we on the other let a select few make a king’s ransom that does nothing to make us a stronger country.
Beijing Player
10/19/11 3:23pm
No
Ignace
10/19/11 2:54pm
No.It has always been the goal of the dhinese political leadereship since the early days of the communist revolution to catch up and to surpass the western countries.
The chinese have consistently pursued a transformation program aimed at modernizing both their agriculture and industries.
It is not a surprise that they have obtained this kind of result,
Socialised capitalism
10/19/11 12:55pm
Many will think of China as socialist with a capitalist overlay; the last decade has demonstrated that US capitalism is underlaid by socialism with a guaranteed redistribution of wealth from the poor to the wealthy; bound to self destruct!
Carl Berendsohn
10/19/11 12:19pm
Having worked for Fortune 500 firms opening plants around the world, including India and China, I am always surprised how little Americans know about the false concept of “free enterprise” or “Free trade”. The only thing free is the access that the rest of the world has to our markets. Try to open a busines in China and see how much freedom you have to chose the industry, chose a location and to chose ownership and partners. Try the same in Japan, India and even many EU countries…. but come to the US and it is almost a 100% free for all. As the China influence grows exponentially each year maybe Americans will wake up and force the issue of trade equality and tradde partity. I for one am tired of people in the US saying that it is protectionist or bad for the economy to talk about trade restrictions. It is only those people in denial of the reality that “free trade” as a global value does not exist and the more American consummers endorse this by buying cheap Chinese goods the more painful the day of reconing will be. IP in CHina- does not exist, workers rights- do not exist, concern over the environment- does not exists, workplace health and safety,social safety nets…. these all make up the costs of producing in the developed world. I for one am looking for some group to step up and address this.
Leonie
10/19/11 9:53am
As far as social issues are concerned, I see China as a dangerous culture with no morales or respect for humanity.
Gerald
10/19/11 8:18am
You are just apologists for tyranny.
Ronald W Miller
10/19/11 5:57am
let me say this video is a perspective. Not a fact. China is its own economy. It is transparent. Ours is not. To say it is a perspective, then ask if the state of China is different from what you expected is a double non-truth. You are drawing a factual question from a perspective. I also have seen China, and feel that the economy is misunderstood due to its own multinational operation. Looking at China is like looking at a ghost. There is China. Then there is also its close allies and friends. None of which are speaking other than with concealed transactions. Duping Americans into believing in any governments future should not be listened to. Your retirement dollars are not for speculation. They are for solid investments. I have seen first hand what China can do. It is a communist country , and is controlled in the same manner. Speculative moves can only enrich the transaction fees, and put you at more risk. Save your mo0ney and wait. Let these jolly Rogers alone. Be patient. To much war talk now.
John Smith
11/03/11 3:41pm
The difference is THEY ARE ALL CHINESE. Why don’t we get that?
Kayo
11/02/11 8:49pm
Good job making it apepar easy.
Anonymous
10/26/11 7:24pm
China is single most dangerous entity to global peace & tranquility.Islam is escape goat and being used by communist nation to keep West occupied.Designs of China are gruesome and evil.If China has to gain trust ,it has to declare itself as democratic and decontrol its currency.
Lea
10/25/11 5:23pm
nstein which has stopped development in the US. Getting rid of Obama, Nancy Palosi and Harry Reid will be the first step back to free enterprise.
paul costello
10/22/11 10:59pm
want to commend the film producers behind the show-a complex issue made clear in a 5 minute video is a real feat. well done guys, whoever you are.
Queen of Hearts
10/22/11 4:01am
America can be number one again. With or without Wall St.
johnny
10/21/11 12:05pm
i personnaly believe that in the future capiatlism can`t survive because for most of the people in the world nothing changed.
chinapologist
10/21/11 7:56am
“You are just apologists for tyranny.”
And you in the US is just a bunch of racist high-tech murderers who thoughtlessly kill tens of thousands in poor countries to impose your values on them.
–See how stupid one-liners are, both yours and mine? Both offend, neither takes the debate anywhere.
khepera
10/21/11 3:16am
People forget that China is an ancient country, which speaks to its proven longevity, the USA is only 235 years old, so in the grand scheme of things China has already gone through cycles of rising and falling and rising again, the US has not had that experience of collapse/decline and rising again. So while the US came into being and accelerated faster than any other previous nation, its decline could also be as rapid if it remains short sighted an only profited driven..It has to remember that its greatest resource are its people, from whom will come the innovation and ideas that will keep it competitive for a long time…It’s folly to look at China as just another undemocratic entity, while our political structure continues to slowly be irrelevant to the day to day aspirations of the average american, we too have major challenges in the USA, that unless we address, we will not be able to claim superpower status for very long…after all a paper tiger is just that…
Deneice Foster
10/21/11 1:40am
The population growth, economy, job market, education, unemployment, and etc. also has to be taken into concern. Just because the numbers look good on paper does not reflect its value in reality. Do not for the radiation mishap that took place. Before I end I would like to remind everyone that if China was worth its weight in gold then why are there thousand of those people beating on America’s door for a green-card. This country’s leaders are to spoil and status hunger to stand in second place to anyone or anything.
czoch
10/20/11 7:51pm
Who cares about GDP numbers? China has 4 times as many people as the US. They should have a higher GDP. The figure to look at is GDP/worker, which will take china, at current growth rates, over 50 years to even come close, assuming the US does not grow at all. GDP per worker in china is 5X lower in china than the US.
Shawn E. Ballwin MO
10/20/11 5:54pm
To me it’s very simple and those in power know what they are doing. It’s never about the workers, it’s always the leadership. All in Washington know what they are doing. It’s the bleeding of American Wealth at the expense of the middle class worker as these funds are moved out of the U.S.
I’ve asking more than 800+ people the same question: “How do you create true economic wealth without taking something from the ground?” I’ve only obtained one answer and it’s the oldest profession in the world.
My thoughts, all economic wealth comes from the ground. I’ve spent the past 10 years being force to help train Engineers and manufacturing reps in China & India related to manufacturing goods. We better get focused on making and buying U.S. made products.
Eight years to go for me….good luck to the rest remaining.
makenzy
10/20/11 4:58pm
yes
Karl Leger
10/20/11 4:44pm
It is folly to assume that China’s growth rates will remain constant or high. Demographic pressures alone will greatly reduce the current growth rate. Japan had double digit growth rates for decades before their house of cards collapsed in the 1980s. The same will happen in China.
We must all stop assuming that China’s GDP will overtake US GDP. It is not pre ordained. Even if China’s GDP does surpass US GDP this alone will not change the US status of sole superpower.
In addition the authoratative government of China is inherently unstable and illegitimate. It could collapse at any time with catastrophic economic consequences.
Those who speak of the inevitable rise and dominance of China are very likely to end up in the dust pan of history along with those foretold of economic and political dominance of USSR in the 1960′s and Japan in the 1970′s.
To give perspective, China’s GDP p
Hinda
10/20/11 4:34pm
No. It is just taking a bit longer than I expected. America has too much hatred to be aware of what is happening. If they stop hating each other, perhaps they could stay on top. As it stands, while they harbor hundreds of hate groups, China is controlling its people in a quiet manner, giving many some of the pie while they move the whole country upwards. This is not to say that there is no hatred in China. It is just not as prevalent as it is in America. You have an “against” group for everything.
Douglas-Paul:nelsen
10/20/11 4:29pm
The Twelve fishermen is the name of the non- profit vocational school awaitng it’s launch by co-founders 2012 .Truely one of America’s hopes to restore its people,s dreams! respond to douglaspaul@safe-mail.net
Douglas-Paul:Nelsen
10/20/11 4:16pm
Use An Affidavitt/Declaration to co-found a non-profit vocatinal school in the form of a request for proposal to ask someone : “Of all of yourl life’s experiances, what would you feel would be your most valuable and something that you could menter another to further thier education & yours? Then ask them to value their time hourly considering health , dental , and retirement beneifits. Sign a notorized promisary note for 12 hours of time at an equivilent amount of the hourly rate , send to the non-profit vocational charter registerred mail insured for the total amount of the note. The CFO of the non- profit then takes the12 hour promisary note which comprises of 12 coupons ,one for each hour redeemable for finding one other party to agree to co-found , then sends it with a 1099 OID & a 1040 Voucher to the fedral reserve bank of Chicago asking for a letter of credit be established at the non-profit bank to be drawn down upon each coupon that be submited. A tremendous cash flow of tax deffered dollars to employ Americans by yours truely Executive Counsel Douglas-Paul:nelsen
Douglas-Paul:Nelsen
10/20/11 3:37pm
we need to network market volunteer time in a vocational / employment opportunity to train service type vocations in recycling & green energy related savings for commercial & residential real estate.
samuel carter
10/20/11 3:18pm
well of course it is invention that will change the course of america and i have one that will change the world i really mean light up our planet as we now it for a price of course contact me at genesis carter@gmail.com
The American
10/20/11 2:30pm
ECONOMICS 101 – The governments role is to help facilitate a viable atmosphere for Americans to work, prosper, fail, try again, in a level playing field. Over 20 years of bad economic policies and over regulation from the Federal govt, all the way down the food chain to State, local municipalities has left us in a DISASTER and MESS. We have been asleep at the wheel to the point there is so much political unrest which turns to social unrest with the status quo of low tax rates, corporate loopholes, high unemployment and a country torn apart and divided which is EXACTLY the way they like it and the largest deficit in U.S. History. I worked in the industry and am an expert and would debate ANYONE on CNBC for America. It’s quite simple, just follow the money. There is NO growth here and if anyone considers the jobs numbers good it’s DISGRACEFUL and has seemed to become the new status quo. Can’t can’t can’t can’t seems to be the new norm in America. When you become a nation of consumption-The key word is CONSUME the money flows out of the country into other nations which in the last 30 years or so have become RICH while Americans are suffering. Iran is part of OPEC which the last time they met they all walked out with no agreements so as T. Boone Pickens said that this could be the beginning of the end to OPEC. So we send our money flows out for our energy needs and our money flows out to China every time we buy something. If all we do in consume with no manufacturing base you loose jobs, business along with the innovations that come from it. The CEO from DOW Chemical said it best that when you lose manufacturing the person who is working at that business building a product is most likely to build the next generation of products. Well said and absolute TRUTH. With trillions on the side line it is sad that nobody is willing to take the risk to invest in America. We need an ENERGY POLICY. My biggest fear is when economists start figuring out how many TRILLIONS of dollars it was worth in future loss of revenue with the lack of innovation you see the valuations coming down in American Corporations because we not only handed our technology to China we were dumb enough to pay them to do it with only 49% interest as the Chinese own the other 51% and they help you set up shop! Not a bad deal BUT for a quick buck on your next quarterly earnings report as short sighted as politicians. I ask any economist with half a brain how MUCH is and was it worth as valuations come down across the board despite growth you also have more and more competition that are coming online to the market place with Chinese Corporations stealing intellectual property rights and have more hi tech than we can possibly know as they are making all hi tech components and computers between the U.S. And EU it would be just STUPID to underestimate them. THEN the DJIA will be valued for what it will be worth and how much future loss of revenue will be lost and more important how many American jobs it was worth. As far as I’m concerned American Corporations at this point in time could not be anymore un-American with their back door deals and lobbyist who own our Government and this will come back to haunt us in a galaxy not to far away. By the time we wake up it will already be to late. The TRILLION dollar question is what will happen when China will no longer need to depend on our economy. Will they still hold our debt? We should have been downgraded further and the CEO of S & P had to resign. We need a SERIOUS reality check and China is setting their own stage in 2012 they will open their own Precious Metals Exchange so they can buy Gold in their own currency and it will only be a matter of time as ant major economist said they will be the largest superpower within 10 years. Their actions already speak in volume and have openly accused the US and EU for surpressing the prices of precious metals and with all the money printing gold should be 5000 an ounce and silver should be between6-900 per ounce. Can you see the plan yet? They are encouraging their citizens to buy gold and silver. I was in the financial industry and last time I looked a gold coin does not pay a dividend and is a means as a preservation of wealth and I would choose that as a safer longer term investment than most companies that trade on the exchanges. These high paid CEOs have no major stakes in the companies that they are in, they pinch pennies and nickels for their quarterly earnings reports but do WE THE PEOPLE truly know how competitive we will be when China is selling a Boeing jet under their own name for half the price? What will the stock be worth other than government contracts? We need some real leadership and RADICAL American thinking. China has the fastest super computer in the world and are making more investments in renewable energy and resources that is 1/10 of what we are putting into our own innovation. I have yet to see any MAJOR or noteworthy investment in America since the twin towers and it makes me SICK to see our skyline, rotting infrastructure to the point that bridges are falling in America and killed our fellow American citizens that could have been anyone of us! Government at Fed, State levels along with the Unions and Corporations need to get together and do the impossible and get OUR house in order. Rising food and energy costs as well as taxes and just “The Cost of Living” will continue to Rise and rise and rise with growth population, demand, and globalization for our children, and our children’s children who will for the first time will be competing for jobs globally as the unemployment rate that is here to stay unless we do something otherwise the BABY Boomers who were the wealthiest generation in America will have destroyed everything my Grandparents built!
Jay
10/20/11 2:06pm
No it is not. Unlike the United States. China and various other countries that are more evolved understand, cultivate and invest in talent and experience. Unlike the united States, China may see long term value in investing in so called third world economies. In the United States, black males, one of the most disenfranchised groups, hosts a multitude of talent, motivation and raw skill. However, as a result of racism. The United States and it’s private enterprises, especially those in technology, the arts and science continue to discriminate and reject black males. For lands like China, such a large disenfranchised group represent raw resources to be used in some capacity in the development of a nation’s growth. America has always placed its racism in front of economics. Some other nations are more civilized in their approach and place economics ahead of bias and racism. Thus allowing them access to mold and engage raw untapped centers of talent. The ‘american black male’ who has so been charged with being a menace to American society. Is a creation of the very fact that the usa will not invest in it’s own people. Thus stripping any living being of hope, opportunities and a chance to contribute produces the very results americans claim to resent. China takes a different approach and as a result they shall once again rule the world. The usa has everything it needs right in America to dominate the world market. However there is no investment here in innovation or experience. Talent in this worthless land is defined by certificates and degrees and not by original thinking and knowhow. There is no creativity and no art in anything. Thus there is no edge. I personally have ideas worth millions of dollars but no one is willing to invest in them. That is unfortunate. These days I am more focused on my exit from the United States forever. It doesnt care about me so why should I care about it. maybe I will go to China. They have shown me in business a greater respect than all of my days here in this land. America is a great place for white women to get rich and become powerful. It is a matriarchal society that places no value and lacks investment in innovation, talent, art, original thinking, Men, boys, families and community. America is DEAD. Perhaps that is not such a bad thing.
john
10/20/11 12:35pm
they will compete to survive, americans have to follow a system that will compliment areas of density , and integrate all our rescources, to balance the challenges of the future..
Aminka Ozmun
10/20/11 12:14pm
My boyfriend’s Chinese and though he doesn’t actually keep up all that much with news about China, he’s almost never surprised at the developments that are reported. I don’t want to sound like Confucius or something here, but he often likes to tell me a very wise short story traditional to China. It goes like this:
An old man had a farm with a horse for plowing the fields. One day, the horse broke loose and ran away, and the old man’s neighbors tried to commiserate with him at his misfortune, only to find that the old man wasn’t at all affected. The next day, the horse returned and brought with him a handful of other horses, and the old man’s neighbors came round to help the old man celebrate — except the old man wasn’t at all affected by the turn of events.
The day after that, the old man’s son broke his leg riding one of the new horses, and the neighbors marveled at the old man’s wild swings of fortune — but the old man himself was not affected. Then, the day after that, the army came through the village and mustered all the young able-bodied males…but had to spare the old man’s son on account of his broken leg.
As his neighbors shook their head in disbelief, the old man carried on as always. Detached.
Sorry if that was corny, but it’s always captured for me the Chinese mentality!
Larry Woods
10/20/11 8:15am
Not only is the shear size of China’s population daunting, but their strong sense of “Culture” and “family” is enabling [it] to pose a tremendous challenge to America’s position not only as the world’s number#1 economic power, but also from a militaristic perspective as well. As Napolean Bonaparte was alleged to have said, “Woe beyond to the world when that sleeping Giant(China) awakens!” China is just beginning to stretch froma long sleep!
BIJAN ATAIAN
10/20/11 7:23am
CHINA WILL NEVER BE THE NO. 1 ECONOMIC POWER IN THE WORLD, IT IS HARD ENOUGH TO FEED 1.3 BILLION PEOPLE THREE TIMES A DAY LET ALONE TO BE NUMBER 1. THEY MAY CONSUME MOST OF THE FOOD IN THE WORLD, BUT BECOMING THE NO. 1 ECONOMIC POWER, NO WAY. DO YOU REALIZE HOW CORRUPT THEIR SYSTEM IS, WITHOUT BRIBE TO OFFICIALS YOU CANNOT GET ANYTHING DONE YOU DON’T BELIEVE ME GO INVESTIGATE AND FIND OUT IF ANY GOODS CAN PASS CHINA CUSTOM WITHOUT BRIBE .
John Jones
10/20/11 6:58am
Very nice videos, but China is leaching off American, and America needs to put a stop to it.
Darin Walker
10/20/11 2:07am
This is very fascinating and exciting. I’ve always felt that China has a special contribution to the world that is yet largely unknown, and the unfolding of their social/economy appears to be showing the signs of that contribution. I can hardly wait to see more of China in the world’s affairs.
Richard Cornell
10/19/11 7:44pm
Please excuse a few typos in my reply to you.
Richard Cornell
10/19/11 7:43pm
I agree totally with your observations! For ytje past five summers I have traveled around various parts of China and have seen, firsthand, what6 you are describing. I teach an e-Learning graduate class for the University of Texas at Brownsville. The course is titled: E-Learning International Issues.
Because of the great student disparity of what they know about China (and Taiwan), I have developed a case-study approach. While my students remain in Texas, I wander around various parts of China and twice-weekly we go live on Blackboard software. As I go I shoot various video clips and still photographs that the students can then access to see where I was or where I will be going.
The challenge you describe now (and in your book, Megatrends China) convinces me I have to really get working much harder while I can (I am now 78) to ensure as many of my students as possible understand what is at stake…the issues you both so eloquently mention!
Keep up your noble work!
richard.cornell@ucf.edu
frei fernancio
10/19/11 6:25pm
Para os EUA saírem da crise, evem conversar com o Brasil, e toa América latina, pois aqui tem a teologia e filosofia a libertação. Um novo jeito de criar a economia solidária, poe afetar o mundo com coisas positivas e boas para o mundo corporativo e diminuir as mentiras e fofocas economicas.
Phillips
10/19/11 5:09pm
The reason China is growing economically is because most of the U.S jobs are in China. Just about every item you buy is made in China.Greed has caused this nation to be in an economic crisis and you cannot blame one man for the debt of the nation.
Ron reid
10/19/11 4:32pm
No it is not different then what i expected on their end but we sure are missing the boat for the United States. China makes decisions that will further the counrty as a whole we on the other let a select few make a king’s ransom that does nothing to make us a stronger country.
Beijing Player
10/19/11 3:23pm
No
Ignace
10/19/11 2:54pm
No.It has always been the goal of the dhinese political leadereship since the early days of the communist revolution to catch up and to surpass the western countries.
The chinese have consistently pursued a transformation program aimed at modernizing both their agriculture and industries.
It is not a surprise that they have obtained this kind of result,
Socialised capitalism
10/19/11 12:55pm
Many will think of China as socialist with a capitalist overlay; the last decade has demonstrated that US capitalism is underlaid by socialism with a guaranteed redistribution of wealth from the poor to the wealthy; bound to self destruct!
Carl Berendsohn
10/19/11 12:19pm
Having worked for Fortune 500 firms opening plants around the world, including India and China, I am always surprised how little Americans know about the false concept of “free enterprise” or “Free trade”. The only thing free is the access that the rest of the world has to our markets. Try to open a busines in China and see how much freedom you have to chose the industry, chose a location and to chose ownership and partners. Try the same in Japan, India and even many EU countries…. but come to the US and it is almost a 100% free for all. As the China influence grows exponentially each year maybe Americans will wake up and force the issue of trade equality and tradde partity. I for one am tired of people in the US saying that it is protectionist or bad for the economy to talk about trade restrictions. It is only those people in denial of the reality that “free trade” as a global value does not exist and the more American consummers endorse this by buying cheap Chinese goods the more painful the day of reconing will be. IP in CHina- does not exist, workers rights- do not exist, concern over the environment- does not exists, workplace health and safety,social safety nets…. these all make up the costs of producing in the developed world. I for one am looking for some group to step up and address this.
Leonie
10/19/11 9:53am
As far as social issues are concerned, I see China as a dangerous culture with no morales or respect for humanity.
Gerald
10/19/11 8:18am
You are just apologists for tyranny.
Ronald W Miller
10/19/11 5:57am
let me say this video is a perspective. Not a fact. China is its own economy. It is transparent. Ours is not. To say it is a perspective, then ask if the state of China is different from what you expected is a double non-truth. You are drawing a factual question from a perspective. I also have seen China, and feel that the economy is misunderstood due to its own multinational operation. Looking at China is like looking at a ghost. There is China. Then there is also its close allies and friends. None of which are speaking other than with concealed transactions. Duping Americans into believing in any governments future should not be listened to. Your retirement dollars are not for speculation. They are for solid investments. I have seen first hand what China can do. It is a communist country , and is controlled in the same manner. Speculative moves can only enrich the transaction fees, and put you at more risk. Save your mo0ney and wait. Let these jolly Rogers alone. Be patient. To much war talk now.