I couldn't disagree more, both the US and Chinese economy are centrally planned and deeply manipulated. Both administrations are corrupt and self-interested, secretive, and undemocratic. They both manipulate and control the media and are quite willing to kill their own citizens for their ends. The differences between the US and China are so slim they aren't even worth mentioning.
If the Fed is ever audited (which it won't be) then much of the above would become apparent even to the most financially illiterate.
I agree there are corrupt and undemocratic processes attached to both governments, but when was the last time you heard the Chinese blab on TV that "This is the first missile fired in Iraq, folks, and you saw it first here on NBC yada yada."
Unlikely - you are far more likely to hear that China has acted decisively to pre-empt a "situation" days after the event actually occurred, if ever.
I stand by my view, that the USA is all mouth when it comes to telling the world how good they are, and where they are going to attack next.
I never doubted for a minute that the Chinese commies and the USA "democracy" had many other qualities in common, not all of them virtuous. As for the USA being secretive - well that depends on how you define "secret".
Under the 30-year embargo on documents labelled "CLASSIFIED" we have rarely been treated to anything startling upon their release. ie H. Humphries, JFK etc.
Don't underestimate the USA - they have very deep pockets - China is a new kid on the block, and very much at the mercy of their customers. The Chinese "story" is built mainly on froth, but also on big bubbles, and you know what happens to bubbles. China is very vulnerable right now, and needs to maintain production at home, or the house of cards will collapse. Their economy is very immature, and they still have not built the degree of trust with their customer base that old world trading partners enjoy.
In fact - the opposite is the case - there is a deep mistrust of the Chinese business model, given their propensity for disregarding patents and copyright conventions.
Australia is a staunch ally of the USA, and if Uncle Sam said "STOP!" then you can be assured that China would find it difficult to get a single ship-load of coal out of an Aussie port.
Same goes for Aussie LPG gas, Iron Ore, Zinc, etc etc.
I wouldn't like to see that develop though - quite unnecessary and rather naive to be thinking this will get legs. Both sides have too much to lose, and zilch to gain.
Anyway - best of luck with the idea and the thread.
