Quote:
Originally posted by beergood
Sorry guys but China will eventually go the way of the Soviet Union. Same old shit just another century.
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Hate to break it to you, but China is very different than the Soviet Union. China understands that they need the free market. Right now their problem is corruption and lack of human rights. Politically they may be communist right now, but every day they are moving a step away from it. It'll take some time, but eventually they'll figure out how much damage their gigantic state-funded projects damage their economy along with their stranglehold on free speech and human rights.
As for economics, its not a science. Some people want to credit Reagan for the 90s boom, some want to credit Clinton, anyone considered the internet and computers?