ChrisCam BroadSheet

Articles Tagged As “Communism”:

2498.\\ The Coming Collapse of China

I've long held the belief, based on my studies at college, that China would one day collapse of its own weight. The forces at work in that part of the world for the past 3000 years aren't likely to change overnight, nor have they changed since the Communists took power 60 years ago. Even more unchanging is human nature. This collapse, brought on by loosening central power, is no different in its dynamics than any other time in China's history when similarly authoritarian control was loosened just enough for the entire thing to come unwound. Add to this loosening of CCP power an immense uptick in the materialism and driven self-interest of the various regions of China and you have the ingredients for a massive splintering of the nation into a modern version of Warring States.

A recent article by Gordon Chang in Forbes detailed how the Chinese Miracle may in fact be totally fraudulent (you should read Gordon if you are remotely interested in the future of Asia). An article in the Politico today backs that up. As does the movements of various hedge fund managers and investors including the one who correctly identified the phoniness of Enron. Now granted, figuring out a company is cooking the books is different than figuring out a secretive nation is cooking the books. But the point is that not all is as it appears to be in the Middle Kingdom.

Which brings me back to my own, long held, prediction. If China collapses or begins to, the leaders will try anything to remain in power. This includes whipping up nationalism by manufacturing a war with America over Taiwan or the South China Sea or imported chicken.

In any event, if China collapses they will stop financing our debt. This will hurt us. If China collapses and tries to take it out on America, this will hurt us. Either way we should prepare for a rough go of it where China is concerned.

Of course, our only concern as a nation at the moment is whether someone is going to give us health care for free, not the imminent collapse of the international order.

Reported by Christo the Elder on November 10, 2009 @ 13:04

TAGGED AS: America, Asia, Capitalism, CCP, China, Communism, Economy, Finance, Forbes, Gordon Chang, Politico, Totalitarianism, War

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2472.\\ The Smartest Man in America

Every time I read Thomas Sowell I have an increasing admiration and appreciation for his intellect. He's a philosopher in an era of sophists. He's an excellent writer and his knowledge of how the economy really works makes Friedman look like Herbert Hoover.

His latest column, entitled Magic Numbers in Politics, is a devastating critique of the current vogue of political theory that markets are evil and the root cause of the financial crisis was insufficient Statism.

Aside from being a Capitalism 101 lesson that every politician should read, it is a repudiation of the notion that the market caused the financial crisis and that the solution is Barny Frank running your life.

The best bit:

If everything is connected to everything else in a market economy, then it makes no sense to have laws and policies that declare some given goal to be a "good thing," without regard to the repercussions, which spread out in all directions, like waves that spread across a pond when you drop a rock in the water.

Amen. Now, how do we fix it?

Reported by Christo the Elder on October 13, 2009 @ 13:40

TAGGED AS: Capitalism, Communism, Economy, Philosophy, Thomas Friedman, Thomas Sowell

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2459.\\ China Warning

I've harped on this for years. Ever since studying China in college, I've harbored the notion that there will be war with them. Read this article and think deep about it. It isn't the rambling of an idiot or a warmonger or a neocon. This is hard evidence and solid analysis that we are indeed revisiting history. I would argue it is 1932 all over again.

My children will have to fight the Chinese because of 20 years of weakness and inept leadership when it comes to the China question.

Reported by Christo the Elder on October 2, 2009 @ 09:10

TAGGED AS: America, China, Communism, Economy, Military, War

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2396.\\ Make Me World of Warcraft Czar

Oh great. We have a new, extra-constitutional government appointee this morning. Apparently Barry saw fit to put a union man in as manufacturing czar. Well. No one better than a union guy to oversee State control of the means of production in this dictatorship of the proletariat.

Marx would be proud.

Reported by Christo the Elder on September 8, 2009 @ 09:50

TAGGED AS: Barack Obama, Communism, Dictatorship, Marxism, Unions

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2355.\\ Calling Leni Riefenstahl

Are you freaking kidding me? I feel like the lone Wiemar Democrat in January 1933 screaming "WHAT ARE YOU PEOPLE THINKING!?!" Where is the media criticism? Where are the intellectuals on this blatant group-think mindlessness?