Competition is good......
 

http://rt.com/business/198928-china-world-bank-rival/

Looks like the Communist Chinese have created a rival for the U.S. backed World Bank. Not very Communistic of them........ Or is it?

Dave

Nah, they're what communist systems seem to turn into after the mass murder stage, 'state capitalism'.

But of course they have boatloads of hard cash. The Chinese are on the move, it's truly a new world order! Thanks for the link.

Pete

Boatloads of hard cash they got from gullible Americans who never saw the danger inherent in exporting our own manufacturing base...........

In the name of "saving money".

How's that working out? Has it energized and revived our economy, creating millions of high paying American jobs yet?

It sure hasn't and I don't believe it ever will.

Dave

It's a strange thing though, we actually manufacture more by dollar amount than ever.

I think we agree though that people are idiots :)

Pete

This ape agrees. :D

Also when you do business with them they want all your trade info. Or they will reverse engineer your product and undersell you afterward.