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TheBalor posted:Has there ever been a government as undemocratic as China, and even a 20th of its size, that wasn't also wildly corrupt? It seems like an inherent feature of regimes controlled by an autocratic in-group, whether it's El Presidente's family or the Communist Party. India and it's not close, unless a sizable number of Party members in china are being investigated for murder and kidnapping on top of graft. And in India you don't even have the benefit of competency!
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Jun 10, 2014 15:17
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Dux Supremus posted:This is from 2012, but yeah, it's a problem. quote:The distinction between "average" and "mediocre" is one that has been ticking on the Chinese national psyche, as indicated by one of the questions on last year’s gaokao, China’s notorious college entrance exam: lol
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Jul 28, 2015 15:48
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Accretionist posted:What's the worst case scenario and how likely is it? A stock implosion could topple the housing market and the shadow banking system, too, right? Your likely worst case scenarios are going to occur in Canada and Australia. American companies that bank on Chinese consumption are going to eat some pretty bad poo poo. Many Americans in emerging energy markets are going to lose their jobs as commodities lose value, though that might can be ameliorated if the powers that be decide propping up prices is more important than screwing russia. Also Russia is hosed again but at this point they're basically the final scene from Requiem for a Dream.
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Aug 24, 2015 16:08
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Daduzi posted:Weirdly enough one of the biggest losers so far has been Facebook so looks like there's more than just exposure to the Chinese market in play. Investors aren't being as generous with anonymous payments to their side pieces 
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Aug 24, 2015 16:21
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OhFunny posted:http://mobile.reuters.com/article/idUSKCN0W205X ahhh yes, just too much overcapacity. we'll scale down how overcapacity we are!
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Mar 2, 2016 01:49
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Fojar38 posted:China is probably past the point where liberalization can completely prevent stagnation but it would still help I think. At this point institutionalized corruption and cronyism would make full scale jeffrey sachs style liberalization russia with "chinese characteristics"
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May 27, 2016 02:55
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