GentleGiant

A single smile costs one thousand pieces of gold

8.17.2009

Prosperity Has Reached China

Prosperity Has Reached China

There are many way to see the prosperity or poverty of a nation. One can look at the country’s unemployment to see if there in a recession, another way is to look at the GNP of that nation. You can also check out the ratio of goods imported to goods exported, to see if there’s a tread deficit but the best way to see if a nation is being prosperous or not is to observe the life style of it people.

The life style of people will tell you a lot about the situation of the country they are living in. people that are in need of a job stop buying goods and services. People that are working buy goods and services, which keep the economy moving, which keeps the country’s tax revenue flowing to the government. The more disposable income a person has the more goods and services he/she will buy, which will increase employment.

By observing the life style of the Chinese people I would have to say that prosperity has reached China. Yes China has been hurt by the recklessness of the United States federal government but for China to maintain their prosperity all they would have to do, is to allow their people to buy some of the goods slated for export. The one thing, the Chinese government would have to watch is the import to export ratio. They would have to make sure that stayed in balance.

In my six visits to China over a ten year period of time, I have seen China’s middle class reemerge. I have seen the Chinese people’s buying power increase. So by this observation I can say, the prosperity of China is in full swing?

One observation I have made, is to see the purchases of high dollar SUV motor vehicles, such as Porsche, BMW, Lexis, Volvo and Mercedes Benz. Every car manufacture has at least one of their models sold in China. There are car manufactures in China that I forgot existed, such as Opel and Daewoo.

The observation of prosperity in China, is seen by their middle class being able to buy mid size cars, such as the Ford Focus and the Ford Taurus. This prosperity hit home, when I saw my cousin in-laws buying and driving mid size cars that I could not afford to buy.

The plush car markets that use to be in the United States are moving over to China. Business people will always find out where the money is or is going. The car manufactures of the world have realized that China is the place to be when it comes to emerging markets. So GM, which has the Buick line sold in China, made the correct decision by keeping the Buick line in production. This alone might turn GM around despite our federal government intrusions into our car manufacturing industries. GM also has the Chevrolet and Cadillac sold there.

Probably the most obvious sign of prosperity in China is when the trio of deception went to China to ask for aid to try and stimulate the world’s economy. The United States alone use to be able to simulate the world’s economy. Now we need help. I hope that The Chinese Government had someone like Zhuge Liang in these negotiations so they could see through the lies and deception generated by them.

I wonder if Barack Obama, Hilary Clinton and Timothy Geithner, the trio of deceivers, thought that they could work out a deal like Great Britain work out with China after the opium wars were over. One thing that is for sure is that the Chinese Government should think twice before entering into any agreement with this trio of deceivers.

The one thing that the United States should be worried about with China’s prosperity is the Middle East countries that hate America because as the Chinese people buy more and more cars their need for oil will increase. This will give the oil producing nations the opportunity to divert oil exports slated for the United States to China, causing an oil crisis in the United States, which will intensify our economic slowdown.

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