Quote:
Originally Posted by Ronin4hire
But tell me... how will China become a consumer nation without a middle class?
|
It has a growing middle class. The one country with no middle class and a fragmented market is ironically democratic India. Why? Because they have bad economic policies. You still need a expensive business license in India to set up shop and peddle your wares on side of the street. That's anti-capitalism.
China is helping the poorer farmers to consume by giving farmers, AND ONLY farmers/rural population rebates on white goods.
You are totally blind to your ideals, that you don't even have your facts straight anymore. I'm glad you are not running any country's economy, that country will go bankrupt tomorrow.
I'm not saying sound economic management leads to democracy necessarily, I'm saying sound economic management leads to prosperity, democracy doesn't lead to prosperity. You can't argue with that unless you are a hippy.