4 ms·

Well the "CCP are evil tyrants destroying the freedom of chinese" gets frustrating when you are sitting in china watching the destruction of poverty and rise of

• mahranch 13y ago
  > CCP are evil tyrants destroying the freedom of chinese" <snip> destruction of poverty and rise of the middle class wealth and power. The two aren't mutually exclusive. In fact, most people believe both are happening. I don't think anyone doubts the middle class in China is on the rise, the question is, "at what cost?" If they're rising because of China's economic bubble, when it crashes, they're going to be worse off than before. Potentially much worse off. Some economists believe that when China crashes, it will be the worst economic disaster in recorded history. Now whether that's true or not is another matter, but the fact that people are even making those claims can't be good. There's some substance there.
  • 1stop 13y ago
    There is rarely any substance in people predicting the future. I don't really understand the prediction that china is a bubble, you have a huge population getting education and experience, and you are doubting there is a huge amount of value to be derived from them? People think predict it's a bubble because it's ridiculously huge, but that's just as likely to be because China is ridiculously huge... no?