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I saw a piece on this on the BBC (I think it was the beeb).
In my opinion, they've done better than the rest of us.
While there is NO DOUBT a lot of corruption involved here, it's the same all over the world. If you have any knowledge of economics you'd know the $ is fucked. There is a real risk that when it goes (and it definitely will) it could take several other fiat currencies with it.
This will likely lead to MASSIVE social unrest and migration out of the cities and back into smaller farming communities.
China is also on the biggest military build-up since the second world war. As has been reported and is making various other nations nervous.
When you consider what America, Britain and most of Europe has done, China has made a better sacrifice in the long run.
We haven't invested in creating jobs and building infrastructure to manage our populations when the inevitable collapse is eventually admitted. China has.
All we did was throw money at the people who created the problem and continued the way we were. Bankers haven't changed. The global casino hasn't changed.
None of our governments have invested money in preparing for the most likely scenario, while China is.
I don't agree with a lot China does, but on this one, in comparison to the rest of the world and considering the likely events of the future, I absolutely agree that setting up new communities ready to be inhabited while providing employment directly to the people was the better way to go.
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