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Where's your China, the "new world power", now? watch

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    (Original post by loki276)
    tbf Japan's economy is completely ****** right now
    Not as much as you think...they can still afford to buy up US Treasury debt. High govt borrowing isn't such a big problem due to the high savings rate in Japan.

    UK and US managed why not Japan? $5m is measly for the 2nd biggest economy and one of the most developed countries in the world and double the population of the UK.
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    (Original post by Joy Division)
    Not as much as you think...they can still afford to buy up US Treasury debt. High govt borrowing isn't such a big problem due to the high savings rate in Japan.

    UK and US managed why not Japan? $5m is measly for the 2nd biggest economy and one of the most developed countries in the world and double the population of the UK.
    I will admit i dont know too much economics but its debt is more than 100% of its gdp, it has deflation, one of its biggest companies needed a bailout again

    I would have though it was in a much worse place than US and UK.

    Also I was reading an article in which the writer was saying that Japanese debts are reaching to the hyperinflation red flag zone

    link to article: http://blogs.telegraph.co.uk/finance...wing-in-japan/
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    And that's why China is rich, because it ain't giving its money away.
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    (Original post by Mr Sparkles)
    Maybe spending the money on the tens of millions of people dying from poverty in China perhaps?? China has its own problems, it's still developing, you can hardly expect it to compete with some of the richest in the world eg. Norway.
    China can eat Norway if they want, I've never seen people as naive as you
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    chiese will rule the world..just a few more years to wait.

    plus they hardlly EVER donate..

    Chinese people are like 1/4 of the world.they're clever,have common sense are very determined&hardworking,active&do n't spend money.

    hence making them next superpower.
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    China won't be a world power.
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    like a g6?
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    Chinese are quite insensitive when it comes to stuff like this. They're even insensitive to their very own people. Can't expect them to be all over disaster/poverty stricken countries offering aid and resque. Except sending workers all of Africa for development, where they're basically in it for themselves and not in the interest of the Africans. Chinese are quite insensitive, they have 1.3 billion people, and are unable to take care of half that with what they have, so they're not going to fuss about and help out others.
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    (Original post by mazda12)
    i thougth china was a developing country and norway/britain/usa are developed countries ?
    when us, uk, and ****ed up ****hole eu begging china to support their economies, you silly naive teenagers should stop ****ing jugding china here ok??? Your governments ****ed up you people's lives and you are still here feeling lucky , en....?
 
 
 
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