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I drink your milkshake! a metaphor for capitalism
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<blockquote data-quote="rickyb" data-source="post: 4796155" data-attributes="member: 56035"><p>china has srong govt interventions but also decentralized for entrepreneurs. they have 4 of the top 10 high tech companies in the world, this transformation was done starting in 2010. he attributes china to getting hte world out of the 2008 crisis. china did not practice austerity they borrowed more. he says they retain many of their socialist ideals like for example wanting to eliminate poverty by 2022 or wanting to have a fully socialist sustainable economy by 2050 i believe was the year he said which is of course way too late.</p><p></p><p>[MEDIA=youtube]lzZ2N6stTE4[/MEDIA]</p></blockquote><p></p>
[QUOTE="rickyb, post: 4796155, member: 56035"] china has srong govt interventions but also decentralized for entrepreneurs. they have 4 of the top 10 high tech companies in the world, this transformation was done starting in 2010. he attributes china to getting hte world out of the 2008 crisis. china did not practice austerity they borrowed more. he says they retain many of their socialist ideals like for example wanting to eliminate poverty by 2022 or wanting to have a fully socialist sustainable economy by 2050 i believe was the year he said which is of course way too late. [MEDIA=youtube]lzZ2N6stTE4[/MEDIA] [/QUOTE]
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I drink your milkshake! a metaphor for capitalism
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