The Americans, the World Bank, WTO, the Europeans, and some silly Third World charlatans are all banging their gongs and balls, telling China how to manage its economy, alleging that the Chinese economy is faltering and must do as they said to save it. There is one common thread among these countries, organisations and people, all are failures, bankrupt economies and people that came from failed countries and economies.
China and its economy have been churning along for well over 40 years. chalking envious growth numbers and the envy of the whole world. Every country wants to be China and its economic miracle. China did all these economic miracles on its own steam, no need any fake experts and advice from outside China. And China is doing very well, extremely well. The advices from the pretentious do gooders are not needed, not welcomed and mostly meant to do harm to China. These advisors should look into their own countries and organisations and ask how badly they are doing and what credentials they have to think of teaching China how to suck eggs.
China is slowing down, China is collapsing, China needs help. China needs to slow down its growth, China needs to cut down its productive capacity, China must sell more to its own people, ignite its domestic market, sell less to the world....Really? Who are they trying to bluff?
As the saying goes, when the devils come calling and volunteering to help, with devilish advices, stay far far away. When help is offered without being asked, it smells like a rat. China should simply say thank you very much, we will continue in our own ways, what we think is best for China. Please go and help those bankrupt European countries and America, and organisations that are doing nothing good except trying to destroy and bring down countries like in the last financial crisis.
China will go on producing all the goods and services needed by the rest of the world, to raise the quality of life by offering what they need at affordable prices, to enjoy the good things in life without paying an arm or a leg. China is bringing the good stuff, the good life, to the economically lesser countries, to raise their standard of living within their means. This is China's contribution to people of the Global South that the West chose not to do anything for them.
What is happening in Europe now is the manifestation of an angry people knowing that their leaders had lied to them, had impoverished them and the future is grim. They want to enjoy the quality of lives many Global South countries are having, low cost of living, everything is affordable and life is not so stressful. Why pay $3000 for a iphone when you can have one for $100? Why pay $100k for a car when you can have one, a better EV for $20k? The people of Europe are fed up with their bankrupt leaders, bankrupt of ideas, of how to make their lives better. All the companies are no longer competitive and not producing the goods that the world wants. All facing bankruptcies!
1 comment:
Why don't those Americans and Europeans go and advise failing economies like America and Europe to be as successful as China? Europe is bad but not as bad as the fake American economy depending on the Wall Street casino and wars to churn up GDP numbers. The balloon will burst very soon.
China's economy is based on solid manufacturing of goods and services that the world needs. Period.
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