For advertisement

Sample

10/04/2011

When America was rich

When America was rich, or when England and the Europeans were rich, it was like a matter of fact. The world just looked on, maybe a bit envious, but wanted to be rich like them. The world even forgot how the Western empires became rich, literally over their dead bodies, through conquest and looting, but they called it colonisation. This sounded much more pleasant as if colonising other countries to get rich, stripping away their resources and human rights and rights to ownership of their land, were a natural, normal and acceptable thing.

Now China is getting rich, by sheer hardwork, working for lesser pay, stinging and savings, no killings, no looting, no colonising, just plain hardwork.

Now watch this video and observe the expression and sense the mood and the words used to describe China's economic growth. I am wondering if it is amusing or what?

http://www.youtube.com/watch?v=1cNJw9U5bqc

16 comments:

Anonymous said...

One source about Corporate profit in USA was estimated to have net global profit of around $1.9 trillions,but the government is bankrupt.

When the time comes for day of reckoning,probably corporate USA would end up with the Chinese or Indian hands.

I am looking forward to the day when IBM,GE,Shell,Glaxo,Pesi-Cola all ended with chinese and Indian ownership.

That would be the day,of course without world war 3.

Anonymous said...

Market cap as at 30 dec 2010
Economy Stock Exchange Location Market Capitalization
(USD Billions)
1 United States
Europe NYSE Euronext New York City 15,970
2 United States
Europe NASDAQ OMX New York City 4,931
3 Japan Tokyo Stock Exchange Tokyo 3,827
4 United Kingdom London Stock Exchange London 3,613
5 China Shanghai Stock Exchange Shanghai 2,717
6 Hong Kong Hong Kong Stock Exchange Hong Kong 2,711
6(a)Taiwan Taiwan Stock Exchange Corporation
7 Canada Toronto Stock Exchange Toronto 2,170
8 India Bombay Stock Exchange Mumbai 1,631
9 India National Stock Exchange of India Mumbai 1,596


12 Germany Deutsche Börse Frankfurt 1,429
13 China Shenzhen Stock Exchange Shenzen 1,311
14 Switzerland SIX Swiss Exchange Zurich 1,229
15 Spain BME Spanish Exchanges Madrid 1,171

http://en.wikipedia.org/wiki/List_of_stock_exchanges#United_States_of_America

Anonymous said...

Creating another World War WILL BE THE ONLY WAY OUT FOR THE US GOVERNMENT.
ANOTHER WAY TO AVOID THE NEXT WORLD WAR is for the AMERICAN PEOPLE TO WORK AND SAVE LIKE THE CHINESE DID. No more creative paper trade, no more paying absurdly to those in performing arts and sports.
And
no more outsourcing their dirty and hard works to Third World Countries and pay them peanuts.

patriot

Anonymous said...

The excess of capitalism that is winners take all,copied by Singapore will probably collapse,USD 1 dropped to $3 RMB,if they can work out great,great!if not,world war 3!!

Anonymous said...

Me appreciates much of the goods that were/are made in USA as much as those Made in Switzerland.
The US and its' people can, like the Swiss, continue to produce high quality goods to make money.
THE AMERICAN PEOPLE SHOULD STOP THEIR GOVERNMENT FROM INTERFERING AND FIGHTING IN OTHER COUNTRIES' AFFAIRS.
THE AMERICAN PEOPLE SHOULD ENSURE THAT THEIR ARM(Military) INDUSTRIES MUST BE SCALED DOWN. NO ONE IS GOING TO INVADE THE US AND THERE IS NOTHING POSITIVE ABOUT WEAPONS. IF THERE IS GOING TO BE ANY WAR IN THE US, IT WILL BE INFIGHTINGS WITHIN ITSELF DUE TO ITS' ECONOMIC FAILURE. THIS MEANS THE US GOVERNMENT HAS FAILED BIG TIME.
The Europeans must not follow the footstep of the AMERICAN LEADERSHIP, political or those in the Business Sector.

patriot

Anonymous said...

If without world war 3,China will be the new world model,its life span will probably shorter than UK and USA due to present shorter life cycle of everything,that would depend on the wisdom of new China leadership.

Good luck to them!

Anonymous said...

Vested interest groups such as Wall Street bankers and armed dealers are too power in this free and liberal democracy enviroment,I doube they would give up without fierce fighting.

European union probably will not make it due to the lightning speed which things are moving at this stage.

So,it will be up to China or India or both to pick up the remaining pieces.

Anonymous said...

The day when the self -appointed world policeman disappears due to bankrupty,is coming near.

I doubt China would want to assume that rule.

It is now important for nations to take defence very seriously,our way of grooming war fighters for government or civil service(paper generals)is also probably over.

Chua Chin Leng aka redbean said...

It is all China's fault for keeping its currency cheap, for paying its workers lower salary. for lower production cost, for its workers to eat lesser, cycle to work, no designers clothing.

If China is going to pay its workers more, they will become more expensive. So who is next to be cheaper? Vietnam, Thailand, Ppines, Indonesia, Malaysia, India or Brazil? Will they also be blamed?

Anonymous said...

Alternative sites to China?only India is a possibility.

Corporate USA has tried out all those places,but they do not have the eco of scales that China has,plus very productive Chinese workers.

The day when RBM approaches US$1=$3 RMB,the fight is probably over.There is no need for US to look for alternative sites.

Chua Chin Leng aka redbean said...

Think they should relocate their factories to India. Then they will run up a few hundred billions trade deficit with India. Then what? Blame India also?

They export their manufacturing function to cheaper countries then blamed these countries for paying their workers cheaply.

That is America.

Anonymous said...

That day probably will not come as corporate USA will collapse by then.

Anonymous said...

The best scenario will be a breakup similar to the Soviet Union.

The Russians will be having the last laugh.

Anonymous said...

One Russian actually prediceted it two years ago,but unfortunately did not materilise.

I do not that USA will disintegrate!

Anonymous said...

Home / Opinion / Chen Weihua US media blackout of protest is shameful
Updated: 2011-09-30 08:17By Chen Weihua (China Daily)

Comments(80) Print Mail Large Medium Small 分享按钮 0





One of the best-kept secrets in the United States over the past two weeks seems to be the protest on and near Wall Street in New York.

More than 1,000 people protested on the first day, September 17, marching and chanting slogans. Yet the demonstration, known as Occupy Wall Street, did not appear on the major networks' evening news or in major newspapers the next day.

The protest, now in its 14th day, only got limited coverage last Saturday when heavy-handed police arrested close to 100 people and pepper-sprayed several female demonstrators. But most coverage that day was not in-depth.

While there are many videos of harsh police action on the Internet, I have witnessed how the formerly helpful police patrolling the streets have suddenly resorted to force in Zuccotti Park, also known as Liberty Plaza, in Lower Manhattan.

In one scene, several policemen jumped on one skinny man who was not acting violently. They pushed him down and handcuffed him. Just five minutes later, a policeman waved his fist at a man. That day, seven people were arrested, with one suffering a serious leg injury.

Again, none of these incidents made the major networks' evening news or the major newspapers.

As a journalist, I have wondered why the so-called mainstream US media, which is either headquartered in New York or maintains a strong presence in the city, has chosen to ignore the prolonged demonstration since it started. Why have those journalists, who made their names covering various protests around the world, suddenly become silent in reporting the mass rally? That clearly does not match their enthusiasm to cover demonstrations in recent months in places such as North Africa and the Middle East.

The people who come from many parts of the US and the dozens of people who have spent rainy nights in the outdoor plaza would, no doubt, have countless stories to tell. But few journalists from the mainstream media seem interested in listening this time.

To some protesters I have talked to, the answer is simple: It is natural that corporate-controlled media outlets are not going to cover a protest that is fighting excessive corporate influence in society.

One US journalist said it was because these people are too left-leaning and do not seem to have a clear goal for their rally. I am not sure if they are all left-leaning, but a schedule I saw did include sessions on the Communist Manifesto and Spanish Revolution.

Still, that does not justify a blackout imposed by the major news media outlets on such a prolonged protest.

In fact, the message from the protesters is quite clear. They are against corporate greed and influence in American politics, economy and life. These protesters, who call themselves "The 99 Percent", are angry about the huge amount of wealth collected by the top 1 percent of the population.

Vanity Fair has reported that the top 1 percent of the nation controlled 12 percent of US wealth only 25 years ago, while today it controls close to 25 percent.

Isn't that a serious concern for journalists, whose primary responsibility is to speak for the voiceless in their society?

It is a shame that most so-called mainstream media outlets have miserably failed to inform the public over the past two weeks.

The author, based in New York, is deputy editor of China Daily USA. E-mail: chenweihua@chinadaily.com.cn


(China Daily 09/30/2011 page8)

Southernglory1

Anonymous said...

Those were the days when Britannia ruled the waves!

How arrogant they were! They sent warships to the doorsteps of China, forcing them to open their gates to the opium trade and annexing territories as they like,

Sounds familiar? Another one will bite the dust eventually. It is only a question of time. Not our lifetime, though!