AssassinsMace
Lieutenant General
THen you either have a difficulty with retention or you are selective with what you choose to read , because my post 66 has talks about a person who is the complete opposite to chang
To me that was just you trying to backtrack after all your Chanos and Chang promotion. That's like the same Republican friend I mentioned earlier expected everyone to worship at the feet of FOX News Bill O'Reilly because he finally admitted that the Iraq War was wrong. Yeah he was one of the last people. Should people reward him for being one of the last to admit it?
No/ Chanos was saying they both relied on confidence
China is scrutinized all the time. It does not have the luxury of confidence. Are you bringing up the stock market again when I've already pointed out how the Chinese stock market has really nothing to do with the real economy. The Chinese stock market already was cut in half last year. That isn't a failure in confidence by your book? Again no collapse of the greater economy. We already know how many people in the West don't have confidence. And when people outside of China are given advice on how to ride the China bull, they are told to invest in non-Chinese companies that do business in China. Doesn't sound like a lot of confidence in China to me. And China keeps on humming.
You are approching the whole debate with a blinkered vision and merely drawing your attention to what Chanos said.
All your approaches in here have been to believe in the negatives about China. You're the one that brought up Chanos. I only mentioned that he was relying on Gordan Chang, who has gotten nothing right, for his conclusions. To which thereafter you kept pushing their arguments. I'm not the one changing and backtracking my arguments.
Because this downturns worldwide/ people are more concerned with matters closer to home
Then why are you and the naysayers spending so much time talking about China?
Goss and Chanos control close to a trillion dollars between them, you dont get that sorta money through wishful thinking
And that's the same logic that surprised so many with this financial meltdown. The West is so advanced that it was self-regulating that no such thing could ever happen.
Didnt George Bush Junior say that as well?
There goes that flimsy logic in the same regards to your comment about gay writers and Switzerland that you deleted.
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