Comments on: China: The Hope of the World Economy? http://dailyreckoning.com/china-the-hope-of-the-world-economy/ Covering the economy, global markets and world politics. Sun, 22 Nov 2009 03:43:10 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Helvetica http://dailyreckoning.com/china-the-hope-of-the-world-economy/#comment-1903 Helvetica Fri, 06 Mar 2009 18:56:27 +0000 http://dailyreckoning.com/?p=12154#comment-1903 The Chinese stimulus plan is ambitious, and certainly their governing style allows for less debate than in the US, but will China's plan be enough to keep their growth at 8%? It seems like they will be affected by depressed US markets no matter what, given their reliance on exports. This news clip has some perspectives from Chinese citizens, and they sound a lot like American citizens being interviewed about the economy. http://www.newsy.com/videos/china_pushes_for_growth/ The Chinese stimulus plan is ambitious, and certainly their governing style allows for less debate than in the US, but will China’s plan be enough to keep their growth at 8%? It seems like they will be affected by depressed US markets no matter what, given their reliance on exports. This news clip has some perspectives from Chinese citizens, and they sound a lot like American citizens being interviewed about the economy.

http://www.newsy.com/videos/china_pushes_for_growth/

]]> By: dean roberts http://dailyreckoning.com/china-the-hope-of-the-world-economy/#comment-1884 dean roberts Fri, 06 Mar 2009 12:56:57 +0000 http://dailyreckoning.com/?p=12154#comment-1884 Hi Bill As usual this article is insightful and well written.If I can get our local daily newspaper (the Oneonta Star 16,000)to run it every day would that be alright with you? thanks Dean Hi Bill
As usual this article is insightful and well written.If I can get our local daily newspaper (the Oneonta Star 16,000)to run it every day would that be alright with you?
thanks
Dean

]]> By: Tax Man http://dailyreckoning.com/china-the-hope-of-the-world-economy/#comment-1875 Tax Man Fri, 06 Mar 2009 12:16:03 +0000 http://dailyreckoning.com/?p=12154#comment-1875 Dude, didn't warren buffet complain about that a few years ago. No tax on dividends or capital gains = extremely rich people not paying any taxes at all. Is that fair? Clearly tax system need to change to favor those that are productive, not those that are NOT productive. But I don't think that that is the answer. Dude, didn’t warren buffet complain about that a few years ago. No tax on dividends or capital gains = extremely rich people not paying any taxes at all. Is that fair? Clearly tax system need to change to favor those that are productive, not those that are NOT productive. But I don’t think that that is the answer.

]]> By: A.D. Pereboom http://dailyreckoning.com/china-the-hope-of-the-world-economy/#comment-1864 A.D. Pereboom Fri, 06 Mar 2009 09:41:16 +0000 http://dailyreckoning.com/?p=12154#comment-1864 I agree with Paul: in the endgame, possibly after countless civil wars and WorldwarIII (reducing human population on earth by half), there will be one global currency...My hope and dream...but still so far, so far away! So, for the next ten years: protect yourself and your beloved ones, in a period that mankind, our planet, will form the fundamentals for a better and greener future, in which not money will be the key, but simply all life on our beautiful earth will be key in all we do! I agree with Paul: in the endgame, possibly after countless civil wars and WorldwarIII (reducing human population on earth by half), there will be one global currency…My hope and dream…but still so far, so far away!
So, for the next ten years: protect yourself and your beloved ones, in a period that mankind, our planet, will form the fundamentals for a better and greener future, in which not money will be the key, but simply all life on our beautiful earth will be key in all we do!

]]> By: Paul http://dailyreckoning.com/china-the-hope-of-the-world-economy/#comment-1852 Paul Fri, 06 Mar 2009 03:13:57 +0000 http://dailyreckoning.com/?p=12154#comment-1852 It seems logical to me that if and when the Dollar reaches zero value because of the forces of hyperinflation, the Feds will declare bankrupcy and zero the debt, thus creating a new coinage and monetary system. Possibly a new world currency will be the outcome. Could this be why the monetizing of our debt is "no big deal"? It seems logical to me that if and when the Dollar reaches zero value because of the forces of hyperinflation, the Feds will declare bankrupcy and zero the debt, thus creating a new coinage and monetary system. Possibly a new world currency will be the outcome. Could this be why the monetizing of our debt is “no big deal”?

]]> By: Ken Stremsky http://dailyreckoning.com/china-the-hope-of-the-world-economy/#comment-1830 Ken Stremsky Thu, 05 Mar 2009 21:17:52 +0000 http://dailyreckoning.com/?p=12154#comment-1830 I discuss dealing with the financial crisis and other topics on http://www.newgeography.com/users/kenstremsky The federal government and state governments should stop taxing interest from savings accounts, dividends, capital gains, and estates. It is NOT about government revenues. It is about jobs in the private sector. The highest federal income tax rate on individuals should not be greater than 15 percent. The highest federal corporate tax rate should not be greater than 15 percent. My website is http://www.myspace.com/kennethstremsky I discuss dealing with the financial crisis and other topics on http://www.newgeography.com/users/kenstremsky

The federal government and state governments should stop taxing interest from savings accounts, dividends, capital gains, and estates.

It is NOT about government revenues.

It is about jobs in the private sector.

The highest federal income tax rate on individuals should not be greater than 15 percent.

The highest federal corporate tax rate should not be greater than 15 percent.

My website is http://www.myspace.com/kennethstremsky

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