Eugene David ...The One-Minute Pundit |
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Saturday, June 24, 2006
China's Economy Forecast to Grow 10.3% in First Half
Can anyone doubt that capitalist dictatorship is the future and that it now has the economic might to play tricks with the rest of the world for decades to come? ``China is still a developing country,'' Chinese central bank Governor Zhou Xiaochuan told reporters in Basel, Switzerland, where he is attending the Bank for International Settlements annual meeting. `` We need growth. We need it to solve a lot of economic problems. We need it to have a poverty reduction.'' Knock it off, Zhou, you need growth so you can bully mean Uncle Sam, and so you can be numero uno in manufacturing EVERYTHING. A question we may ask of con-SER-va-tives: what's the diff between China and their long-time-favorite nation Singapore? Land mass, population and a Little Red Book nobody reads.
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