China: A capitalist/socialist experiment

[monkeytassle]

seeing as though wealth gaps are widely debated on here i read this earlier today and it is shocking:

http://www.bloomberg.com/news/2012-0...e-paupers.html

some highlights

-the net worth of the 70 richest delegates in China's National Peoples Congress is $89.8bn.
-annual income per capita in the US is $37,527, in China this stands at $2,425


fck me that is staggering. i continue to say china is an accident waiting to happen.

[Harry Angstrom]

Originally Posted by monkeytassle

seeing as though wealth gaps are widely debated on here i read this earlier today and it is shocking:

http://www.bloomberg.com/news/2012-0...e-paupers.html

some highlights

-the net worth of the 70 richest delegates in China's National Peoples Congress is $89.8bn.
-annual income per capita in the US is $37,527, in China this stands at $2,425


fck me that is staggering. i continue to say china is an accident waiting to happen.

China has been an accident for the last 2000 years.

The people will do what they are told. Always have and cannot see it changing ant time soon.

[monkeytassle]

Originally Posted by Harry Angstrom

China has been an accident for the last 2000 years.

The people will do what they are told. Always have and cannot see it changing ant time soon.

they didn't have t'internet 2000 years ago Harry lad. information dissemination will be the downfall of china. that and loads of debt.

[Harry Angstrom]

Originally Posted by monkeytassle

they didn't have t'internet 2000 years ago Harry lad. information dissemination will be the downfall of china. that and loads of debt.

Different psyche burned into them over many many years.

it wasn't that long ago that they had The Cultural Revolution. it could flick back very quickly. they have had many centuries of grinding poverty. A few iphones will take a while to erase that.

[Fats]

Originally Posted by monkeytassle

they didn't have t'internet 2000 years ago Harry lad. information dissemination will be the downfall of china. that and loads of debt.

Surely you mean they don't have FULL internet access

[karl_FTM]

im sure china is lovely, fair and free. this will just be the nasty west spreading nasty lies like they do with other utopias like poor iran

[shepherd88]

I thought the west was fucked and we were going to be all speaking chinese in a few years, cause they didn't drink or smoke

[JonnotheMackem]

Originally Posted by shepherd88

I thought the west was fucked and we were going to be all speaking chinese in a few years, cause they didn't drink or smoke

HBT, was it?

[Harry Angstrom]

Originally Posted by JonnotheMackem

HBT, was it?

Got some Tsingtao from Asda recently. Nice drop of lager. 4 for £3.

[JonnotheMackem]

Originally Posted by Harry Angstrom

Got some Tsingtao from Asda recently. Nice drop of lager. 4 for £3.

I've got to say, the lager here is far better than the stuff back over there.

Tsingtao is canny, the local stuff here (Ginsber) is lush, and Harbin Snow beer is a nice light.