Are China's stats on GDP growth fudged? a.k.a. RAK rationalizes he loves China
RichAsianKid
"More and more people are concluding that those unbelievable China GDP
statistics are, well, unbelievable."
What do people think? Let's hope NOT! Let's hope China keeps on
growing!
Still, reading all that stuff will get me more whiplash injury than my
bimmer 330 coupe. Who knows what will happen in the future. (Who knows
what's ahead after your next turn?) China's so chaotic and so
orderless. (There ain't no rhyme or reason on slalom.) I guess that's
why the Chinese believe in luck. (Drifting bends the laws of physics.)
And they have good reason to.
Think positive though. I think it's not a bad idea to invest in real
estate or stocks in China, or its international financial center, Hong
Kong - which btw Shanghai will not be able to achieve, only a national
financial center - ain't the HSI at an all time high these days? Thank
you God.
Even if China's not where your heart lies....it's practicality. The
first derivative (ie slope) counts so we benefit from something in
China precisely because it's third world i.e. high potential for
growth.
That's just about all I can say that's good about mainland China these
days. Investment opportunity. Richer than 4th world India and Africa.
Decent (not killer-) looking chicks. A polite and subservient
population through decades of communist Pavlovian conditioning.
Bottom line: China can be worse.
Wakalukong
On Oct 18, 10:58 am, "RichAsianKid" <richasian...@hotmail.com> wrote:
> http://www.econbrowser.com/archives/2005/10/china_gdp_stati.html
>
> "More and more people are concluding that those unbelievable China GDP
> statistics are, well, unbelievable."
(snip)
----------
Good, then don't believe. Everybody should now stop issuing
self-defeating threats of economic "reprisals".
Wakalukong
abia...@my-deja.com
with China. Ah, let's see what RAK is going to say. :^))
Beauty Town Hudson
<abia...@my-deja.com> wrote in message
news:1161141363....@f16g2000cwb.googlegroups.com...
abia...@my-deja.com
RichAsianKid
RAK loves China. For instance I believe in giving credit when it's due
- just as India is even more of a shit hole than China - another
demonstration that I'm objective and not a "China basher". India
deserves even more criticism. Along these lines I think you may find it
interesting to read Buchanan's book The Death of the West - perhaps
"the meek shall inherit the earth" - his words, not mine. I.e. China
has the quantity, not necessarily the quality, but they will win
anyway, because of the # of people.) China is very adept in copying and
even stealing ideas from others and lack originality - and can produce
things cheaper, so it's like reaping the fruits of others without doing
the research and work, so that may be China's 'sneaky strategy' - and
it's win-win for China, regardless of method. I'm practical, see?
Having said let's not have misconceptions: there are many in the US of
what you would consider as low human quality also -- you can make a
very strong case that it's better to live in a third world China city
than an inner city ghetto in the US -- compared to say Western Europe,
but on average the average American is way more educated and lead a way
better life than mainland Chinese as reflected by education indices.
abia...@my-deja.com
joyo
criticism" This is objectiveness? What's the evidence for your
assertion?
RichAsianKid
Zanzibar
figure is cooked to please the election ploy. Sometimes it is doen to please
other countries who depend on them to fudge the figures.
To fudge the number requires one knows how to add and subtract the numbers
properly and making sure it is well ironed up properly well.
It is tiring game, so to speak.
"RichAsianKid" <richas...@hotmail.com> wrote in message
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