RE: Your Thoughts on Socialism 10-04-2013, 03:43 PM
#21
Remember that China is still technically communist, so no( foreign? ) company owns land there, per say.
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(10-02-2013, 09:21 PM)Silky Wrote: Is that why China practically owns America? And the rest of the world gets free education until you graduate college, and free healthcare? Sweden is half democracy, half Socialist; I shouldn't even have to explain to you how well off they are, same with Germany, and even "Communist" Russia. It's just as easy to start a business in those countries as it is in America. No, not everyone can take a shit in a $700 toilet, but we're still all human.
(10-02-2013, 09:24 PM)Oni Wrote: Would you really want to live in China? I hope you're joking.Firstly, China does have a small elite group, if you were a part of that group, sure you would like to live in China. And yes, you're completely right in saying that the US does not owe China that much money. But by owning we do not necessarily mean owing money; check this CNN article (i know, not a great source... commercial networks) or what happened with Volvo. I will also look for sources on my personal favourite news source (YLE, www.yle.fi/uutiset/news the finnish national media; good for two reasons: one, funded by the government; not dependent on the sales.) I'll edit that info in later (if i find anything)
Source: http://www.ritholtz.com/blog/2011/03/who...-money-to/
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