San Francisco can be cleaned up, if they really want to do it...

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I'm guessing no one's ever accused you o' being a History Major, Skippy.
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Global Factory Activity Stays Weak; Uncertainty On China Clouds Outlook
December 1, 2023
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Lol whats really funny is that you and lug nut do not see the humor and how Ironic it is democrats decided to clean up one of the dirties nasty shat holes in the nation because commies and others were coming to town. It was all fine the until they decided to visit,

Its a classic democrat run city lol

 
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Back in the 50s people were worried that the Commies would overtake us and destroy us, too. That was their stated goal. China is bigger and stronger than USSR ever was and has been smart enough to engage us as part of their 100 Year Plan. Western oligarchs have played into their hands and poured money into China's economy which now is becoming dominant in many sectors. This has allowed them to grow their military into a force to be reckoned with. Their Navy is bigger and newer than ours. Their Army is the biggest in the world, too. They are working on satellite systems and everything everybody else is working on, too. They have significant influence in South America, Asia the Middle East and Africa. They are still gobbling up western investments into China in spite of not adhering to GAAP finance rules. All companies listed on American stock exchanges must obey GAAP accounting practices, except Chinese. Sooner or later China will cut off westerners from ownership of their investments. Many large firms will disappear into thin air, à la Lehman Brothers. That will exceed the FDIC guarantees by a mile and leave everyone poorer, except of course, China.

If you're not worried about their 100 Year Plan, The Belt & Road Initiative, 21st Century Maritime Silk Road, their Army, Navy, & Space Force efforts, their industrial dominance in key areas, heavy-handed interference in shipping on the South China Sea, Collusion with our sworn enemies North Korea, Iran, Russia, et al, and how they appropriated Hong Kong and intend to absorb Taiwan, if you find this "OK", then we can safely put you into the category of, "No sense, no feeling".

Their stated goal is dominance of the west and destroying any adversaries. That's me, and that's you, too.
Being worried about a superpower is different than posting about "commies" like one is trapped in 1950

China has a capitalistic stock market they aren't the "commies" of back then
It's not about "the threat of communism" as if they were going to conquer us and march down our streets with tanks like some idiots seem to fear, or the tiny us communist party winning elections, it's about dealing with another large country and their allies
It's interesting how many righties have no clue what communism actually is and see commies everywhere they look lol
 
As an addendum to my comments on China's wishes and efforts to beat everyone on the planet in all manner of endeavors, they have managed their economy into a very big, very deep hole. A worldwide economic slowdown is deadly there. It's pretty understandable because those who practice socialism do not understand where wealth comes from: wealth of all kinds is the surplus product of industry & commerce. The steak you eat today was paid for by your efforts to produce it, or the products you produce and sell to buy it, and it was wealth until you consumed it. The payments you made to your banker on your mortgage increase your wealth by the amount that is not applied to interest owed, just by the amount that increases your ownership in a capital asset like real estate or business equipment. Those assets that wear out at about the same rate as the costs of ownership are paid are called non-durable, those that last longer than payments are called durables. Neither are considered wealth, they are consumed. Money is wealth until you spend it.

Anyway, Commies hold down wages at the point of a gun and thru outright ownership of key (read: profitable) production units and get all the cream off the top of the economies they run, so too little is left over in the hands of actual producers/creators to create future wealth building entities and eventually the big shot Commies use up "Other People's Money" and need to kill objectors and steal other people's stuff. Nearby countries are neatly packaged, like Ukraine is just around the corner from Russia; Mongolia rolled over rather than getting rolled over; one may or may not be better than the other; Tibet & Hong Kong were unguarded, parts of India and Myanmar are desirable and close by, but Taiwan is next. Any piece of land or sea contiguous to China is in danger. Russia may not be the biggest country in the world any time China chooses to own the eastern 60%.

The point is they don't build wealth in Commie territories. Please feel free to correct me with examples of Commie empires that increased wealth internally. I'll counter with 10 to your every 1 that have already gone down the economic drain. Argentina, Venezuela, Cuba, the 15 Republics of the USSR and the several eastern European countries swallowed up behind the Iron Curtain have almost all done better since Russia threw in the towel after only 70 years in total control. China will cave in, too, but will cause a lot of trouble and bloodshed on the way. America can either stand in the way, united with other freedom-loving peoples, or we all are doomed.

As George Santayana once said, "Those who do not learn from history are doomed to repeat it."
 
Do those companies abide by GAAP?
Do they? No idea
But the fact that China has 3 capitalistic stock markets makes calling them "commies" like it is 1950 seem kinda stupid

According to the Hurun Global Rich List 2023, China housed the highest number of billionaires worldwide in 2023. In detail, there were 969 billionaires living in China.

Communist billionaires? Lol

Communism, you recall, is an economic and political ideological system in which everyone is considered equal. Its ultimate goal is to create a classless and stateless society. A simple explanation of how communism works is as follows: There are no individual property rights and all citizens collectively own the land. The resources derived from the land are centralized. The government then makes sure that the profits from the resources are equally distributed amongst all its citizens, as everyone is considered equal. Thus there is an equal distribution of wealth by the state no matter how hard or little you work because the "means of production" are publicly owned. The primary goal of communism is to prevent the dark negative side effects of capitalism – income inequality.

Politically, China is a one-party system that represents all the people, but economically it is rapidly moving away from Karl Marx's ideal – capitalism is in fact alive and thriving.
 
How's that capitalistic stock market doing in China?
Actually they have 3 of those bastions of free enterprise lol
Not as good as the Chinese commies want you to think,.
Do they? No idea
But the fact that China has 3 capitalistic stock markets makes calling them "commies" like it is 1950 seem kinda stupid

According to the Hurun Global Rich List 2023, China housed the highest number of billionaires worldwide in 2023. In detail, there were 969 billionaires living in China.

Communist billionaires? Lol

Communism, you recall, is an economic and political ideological system in which everyone is considered equal. Its ultimate goal is to create a classless and stateless society. A simple explanation of how communism works is as follows: There are no individual property rights and all citizens collectively own the land. The resources derived from the land are centralized. The government then makes sure that the profits from the resources are equally distributed amongst all its citizens, as everyone is considered equal. Thus there is an equal distribution of wealth by the state no matter how hard or little you work because the "means of production" are publicly owned. The primary goal of communism is to prevent the dark negative side effects of capitalism – income inequality.

Politically, China is a one-party system that represents all the people, but economically it is rapidly moving away from Karl Marx's ideal – capitalism is in fact alive and thriving.
What's stupid is you thinking it's not a commie nation when the Chinese government calls itself communist I tend to believe them.
And frankly any one who thinks china is not go there and talk about how bad the government is protest and point fingers as guards for crimes .
 
You two sound like idiots out of the 50s lol
Democrats promoted leftist lies to fool people into thinking opposition to communism was an evil thing in the 1950s just like they lie to fool people into wrongly thinking American capitalism and patriotism are evils today.
 
Not as good as the Chinese commies want you to think,.

What's stupid is you thinking it's not a commie nation when the Chinese government calls itself communist I tend to believe them.
And frankly any one who thinks china is not go there and talk about how bad the government is protest and point fingers as guards for crimes .

the name is "communist". but of course names by themselves are meaningless. its actions that count. anyone can call themselves anything they like, duh. is what they DO that counts.

the country isn't run like a communist country. REAL communist countries don't have stock markets and billionaires. duh.

god its such a simple concept. lol
 
Democrats promoted leftist lies to fool people into thinking opposition to communism was an evil thing in the 1950s just like they lie to fool people into wrongly thinking American capitalism and patriotism are evils today.

who opposed communism in the 1950s. name some names proving "democrats" opposed it.
bit you won't. because you are a lying moron.
 
the name is "communist".

the country isn't run like a communist country. REAL communist countries don't have stock markets and billionaires. duh.

god its such a simple concept. lol
Defending major human rights abusers as China is pretty stupid and is similar to former Democrat support for slavery in the US.
 
Defending major human rights abusers as China is pretty stupid and is similar to former Democrat support for slavery in the US.
my post doesn't defend china, unless you are saying I am defending capitalism? lol.
do you hate capitalism?

you post the dumbest things. lol
 
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