a democratic country is filled with passive people because for some unknown stupid reason they constantly assume that things are gonna get better after the next presidential election, only to find the new president a greater clown than the previous one, yet they don't stop dreaming, in some ways it's similar to playing the lottery, the moron thinks his pick of numbers matters, and that this time he's going to get lucky, actually playing the lottery is much better
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Rupee, yuan may be global currencies soon
- Thread starter Yuvrajjj
- Start date
The saddest part is they haven't even got their heads round the fact that they're being tricked into a two party system. There should be no such thing as a 'main' party but the stupid masses have unfortunately gone and made themselves think that and rather than correct them the politicians have gone and encouraged it.
Quote from misterno:
The only problem is China is not ruled with communism. Whoever calls the system in China "communism" should get his brain checked.
there are capitalistic elements it is true, but China is still governed by a single regime, the Communist Party, which requires members to be atheists. It imprisons dissidents without due process, oppresses Tibet, and enforces a policy, backed by compulsory abortion, restricting most families to one child. (Since Chinese traditionally prefer male offspring, this has led to disproportionate abortion â even infanticide â of female babies, creating an artificial majority of males in China.) The government directly controls most media, blocking criticisms of itself on the Internet.
Perhaps worst is suppression of religious freedom. Christian churches, though permitted, must submit to government control and censorship â either as part of the Three-Self Patriotic Movement or Chinese Patriotic Catholic Association. Independent house churches, comprising some 90 percent of Chinaâs Christians, face persecution. The Voice of the Martyrs reports:
The human rights record in China is one of the worst in the world. Its system of âre-education through laborâ detains hundreds of thousands each year in work camps without even a court hearing.... The house church movement (unregistered churches) endures unimaginable persecution, yet stands on its commitment to preach the gospel, no matter the cost. China continued its crackdown against Christians and missionaries in 2008, as they sought to purge the country of religion before hosting the Olympic games.... Church property and Bibles were confiscated. Christians were harassed, questioned, arrested and imprisoned. Christians in prisons are routinely beaten and abused.
lol that's a government dictatorship you moron not communism.
Communism has everything owned by the state and the state controls everything. If the Chinese were really communist they would have taken control of the economy and dictated prices and controlled what people can and can't buy. In fact I would even go so far as to say that most western countries actually act more like communist states than the people they claim are communist particularly in our current climate with how they've been taking over financial institutions and banks.
They may be assholes and clearly proud of it but they're definitely not communists.
Communism has everything owned by the state and the state controls everything. If the Chinese were really communist they would have taken control of the economy and dictated prices and controlled what people can and can't buy. In fact I would even go so far as to say that most western countries actually act more like communist states than the people they claim are communist particularly in our current climate with how they've been taking over financial institutions and banks.
They may be assholes and clearly proud of it but they're definitely not communists.
Quote from T_Geithner:
democracy like everything else has it's own pros
hey I'm not fan of US 'democracy' either, its just i don't see the US dollar being replaced by Indian Rupees or a currency you can't get even purchase...we all know the USD is dogshit but that doesn't mean its going to lose its status as reserve currency, especially when every other country is following the same policies - QE, near zero rates and large fiscal deficits...
Quote from Lethn:
If the Chinese were really communist they would have taken control of the economy and dictated prices and controlled what people can and can't buy.
are you including the four state banks in your definition of 'the economy'? or does that not count?
and do you suppose the RMB policy does not fall under your description of 'dictated prices' and controlling what people can and can't buy?
Quote from Lethn:
It's not communism, period.
"It's not communism, it's not communism!"
When the governing party removes the word 'communism' from its title I will agree with you. This matters.
Until (1) that happens and (2) outside investors are allowed access to Chinese securities and funds denominated in RMB, you're not going to see RMB as a reserve currency. Period, moron.
A government dictatorship can define whatever rules it likes, however a communist state owns everything. This party is defining whatever it wants within their country therefore they are not communist. Just because they call themselves communist doesn't necessarily make it so, it's like the united states or the united kingdom calling themselves a democracy when it's blatantly obvious that they barely are now.
Quote from Lethn:
A government dictatorship can define whatever rules it likes, however a communist state owns everything. This party is defining whatever it wants within their country therefore they are not communist. Just because they call themselves communist doesn't necessarily make it so, it's like the united states or the united kingdom calling themselves a democracy when it's blatantly obvious that they barely are now.
my bone is not with the fact that it is communist, quasi-communist or not even communist, it is clearly not the purest form of communism, it is the fact that the word 'communism' is still there in the party title...it matters because, as you say, "a communist state owns everything", so until that word is taken away, you NEVER own RMB, even when they allow outside investors in - and when the shit hits the fan, that word allows them to justify any action against private property...IMHO it has to be a prerequisite for RMB to be a reserve currency for that word to be taken away.