Chinese Economics Thread
- Thread starter Norfolk
- Start date
antiterror13
Brigadier
I have been to Uruguay when I visited Buenos Aires a few years ago, the city I visited was Colonia del Sacramento, nice town.
I can say that the beef there is superb, I have to say slightly better than NZ beef .... and as many people know that NZ beef is the best in the world, free range and grass fed
Socialism gone wrong - you have 2 cows, state takes both, and gives you some milk. You have no incentive to raise more cows.
Capitalism gone wrong - you have 2 cows, and force 4 other people to produce the milk. And later, you hire a consultant to figure out why the first cow has died.
@KenC bro I think Xi takes inspiration to Mao rural strategy (having experience it himself) when he sent those cadres to the countryside to work on the poverty alleviation program is akin to Mao "down to the countryside movement "with a twist. It is also a great training program for those cadres as they climb up the party leadership at the same time rejuvenating it. China experience both extremity of Mao communism and Deng laissez faire capitalism (dramatic usage of grammar to make a point
) so balancing it will be his legacy.Transitory. Inflation is a good sign. Don't think it is short term issue anymore as China factory prices inflation continue to persist.
It is really sick to read about these justifications of inflation. Most people will not bother this but this is felt to people with average to below average wages as the money buying power decreases even more and the wages still stagnant. This kind of articles are obviously created for to target people with money to make them feel assured.
Wow! This joke is still around!
The one I liked the most was the ideological one, because it was so true about the two cows.
Fascism, socialism, communism, totalitarianism, Hinduism, capitalism, and there was the extra one of American capitalism.
Okay, I do not remember, of course it has been a while, but the consultant was always the American capitalism part, lol.
The other version of this joke, is the two cows applied to countries, such as America, Italy, Greece, Ireland, and then the ethnic jokes would start.
Don't think they make jokes like that anymore, lol ...
CAPITALISM - HONG KONG: You have two
cows. You sell three of them to your publicly
listed company, using letters of credit opened by
your brother-in-law at the bank, then execute a
debt / equity swap with associated general offer so
that you get all four cows back, with a tax
deduction for keeping five cows. The milk rights
of six cows are transferred via a Panamanian
intermediary to a Cayman Islands company
secretly owned by the majority shareholder, who
sells the rights to all seven cows' milk back to the
listed company. The annual report says that the
company owns eight cows, with an option on one
more. Meanwhile, you kill the two cows because
the feng shui is bad.
Hendrik_2000
Lieutenant General
If you have milk why do you need to have a cow Think of the labor cleaning up the pen and bringing up the hay. It is arduous work . If you get the milk let somebody else owned the cow. That what overseas Chinese said in SEA. So Chinese in mainland couldn't care less who owned the cow as long as they can get the milk