Thank you Godfree. I rely on you and Jeff Brown, Brian Berletic, Larry Romanoff, and Cyrus Janssen for insights into how socialism works and therefore there is hope for the world. Contrary to Thatcher/Reagan doctrine, rule by plutocrats is not only not the only possible form of government but that plutocracy will consume itself. It is so frustrating that self proclaimed intellectual types are incurious. Curiosity is the mark of the heretic and forbidden of true believers.
And by the way, looks like the audience commentators were not exactly receptive to you. Overall, I detect that Americans have a profound racial dislike for Chinese people/Asians. Sinophobia is extensive in the west and very least in the Islamic-Arab world. The Prophet of Islam said "Go to China if you have to in order to acquire new knowledge." It is a moderately famous Hadith or "Saying."
Thank you Godfree. I rely on you and Jeff Brown, Brian Berletic, Larry Romanoff, and Cyrus Janssen for insights into how socialism works and therefore there is hope for the world. Contrary to Thatcher/Reagan doctrine, rule by plutocrats is not only not the only possible form of government but that plutocracy will consume itself. It is so frustrating that self proclaimed intellectual types are incurious. Curiosity is the mark of the heretic and forbidden of true believers.
Jim did not call you a troll, did he?? LOL
I see you mentioned China has 9Trillion reserves here and there in this and that corner in China. Guess That's close to 16T.
And by the way, looks like the audience commentators were not exactly receptive to you. Overall, I detect that Americans have a profound racial dislike for Chinese people/Asians. Sinophobia is extensive in the west and very least in the Islamic-Arab world. The Prophet of Islam said "Go to China if you have to in order to acquire new knowledge." It is a moderately famous Hadith or "Saying."
No. That's Brad Setser's figure, not mine.