China says it has too much $ as foreign reserves surges past $3 Trillion.

Discussion in 'Economics' started by Grandluxe, Apr 18, 2011.

  1. right, so it's not a real free market either. pot meet kettle.
     
    #31     Apr 20, 2011
  2. MKTrader

    MKTrader

    Exactly. So this isn't pure "capitalism." Corporistism, crony capitalism, soft fascism/socialism, etc. can all describe aspects of it. But the "pot meet kettle" is a non sequitur if I ever saw one.
     
    #32     Apr 21, 2011
  3. It was directed at the guy above who was saying how china's economy/market are all fake and government controlled and will collapse, us is not much different, hence the pot meet kettle comment. The only difference is china has the storage to weather the crisis.
     
    #33     Apr 21, 2011