icj1
pre 11 godina
China has over 1 billion people and they don’t need to sell to the world as they now hold most of the world’s money.
(sj, 4 September 2012 15:18)
Indeed, they hold them in US treasuries and China prays day and night that everything goes OK with the US economy. Unfortunately China is ruined because according to the CE of the B92 forums sj US has collapsed :)
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They have an ever increasing middle class so a production slowdown is not a problem for them, but on the other hand the continued “Great Recession” in the US and just a recession in Europe is something to be worried about.
(sj, 4 September 2012 15:18)
There is contradiction here because the US and Europe have already a middle class that is much larger than China’s… anyway… who am I to contradict your words who are the CE of B92 forums. Apologies :)
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China and Russia are in a much better position than the west.
(sj, 4 September 2012 15:18)
Fully agree that we should ignore the fact that the average China and Russia citizen has a standard of living at a fraction of the US and European citizens, since nobody should care about such materialistic considerations. They should be happy for the prestigious distinction of being citizens of the largest country by population and territory, respectively. Even my Malaysian friend told me that millions of people from all over the world are emigrating to China and Russia – is there a better proof than that of what a paradise China and Russia are :)
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