China has been under one form of totalitarian government or another for 5000 years so the people are used to it and know how to make money under any system. Communism is not that different a political system than the dynasties of the past. My Chinese friends told me 30 years ago: Capitalism is in their blood and communism will not change that.
The National Debt Clock in 2011 calculated the total national debt to be approximately $14.3 trillion. As of Oct. 11, 2013, the U.S. Treasury places the debt at $14.7 trillion. Photo by Wikimedia user Benoît Prieur
AFAIK, without computer modelling and simulation, the old schools of conventional economists could encounter a serious problem hidden here : Already Beyond? Early stage researchers from China and Indonesia with Dennis Meadows
1. See this thread: https://www.elitetrader.com/et/threads/one-fifth-of-chinas-land-is-polluted.311746/ 2. Study this: 3. Connect the dots
Scalia grappling with these ideas, trying to get a handle on definitions. He makes some good points, but not surprisingly shows an incomplete education since he is not a professional economist. What is interesting is he knows that it is the axioms that lead people astray, but doesn't know [some of] his own axioms are flawed, or missing altogether [see post above]. Even the title is flawed. Is Capitalism or Socialism More Conducive to Christian Virtue? | Justice Antonin Scalia
AFAIK, Chinese invest in overseas in farmlands would be probably because they can get better returns due to water supply and cheat labour/land, relatively. All the water/labour/land in China nowadays are no longer cheap for farming anymore. Yes, they do have water quality and land pollution problems that are pending for solutions. I hope they can resolve that kind of problematic issues soonest better. Historically, many developed countries could have similar problems during their economic development process. Perhaps much smaller scale. BTW, perhaps it would be much better for you to provide us at lease a summary that you would like to get our comments for individual videos after you watched them yourself. Especially, the full title of the video that can be searchable in order for us to get other people's comments by Googling. Just 2 cents.
I don't post things for others, but for myself as reference. However, deep down inside I am hopeful that I reach people that are as curious as I am, and to extend and wrestle with the issues facing humanity. Furthermore, I prefer not to add commentary [at least initially], since I would be adding to the "bias" of the video, twice. Take the time to view them. The worst that will happen is that you will disagree with them, and then post your contrary views. The goal of the videos isn't gospel, but a starting point for reasoned debate.
Keeping your videos at less than 5 minutes might work for most people. If they are longer, you might want to write up a synopsis (if you are really interested in starting a discussion on the subject). Just a friendly thought.
I agree to a certain extent. I wish the person making the video would go through the trouble of doing the "preview version" that highlights the main points. Then I would post both one on top of the other. On the other hand, many of us have become part of the "Cliff Notes" country.