REAL WORLD EVENT DISCUSSIONS

capitalism, by definition, is a stupid and foolish human system

POSTED BY: 1KIKI
UPDATED: Thursday, June 30, 2016 18:17
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Monday, June 30, 2014 5:48 PM

MAGONSDAUGHTER


Quote:

Originally posted by THGRRI:
As for the rest MAGONSDAUGHTER, smarter people than I will have to suggest adopting different ways of doing things based on other countries. I am not against it, but I am also not versed enough on the intricacies of the way other countries do things. Best I do not preach to extensively and suggest we emulate them, as too many here are fond of doing. I know of many things in this country that are not as they seem when seen through the eyes of someone from elsewhere. I don’t know where you are from but I know here. I have enough background learned from life’s experiences and though our education system to make sound judgments on the goings-on in this country, and what would go a long way to fixing our ills.

Just my opinions of course. But they are sound.

si shen





I was giving examples of what other countries do to demonstrate different models exist that are not 'communist' as you claimed in one of your contradicting posts.

Sometimes simply understanding that things can be done differently without 'tyranny' being fasttracked in to your lives, means that you might consider different ways of doing things.

Over the years I've had many frustrating conversations with Americans about how x y and z can't be done without a country turning into North Korea. It's like the rest of the world doesnt exist.

Or it exists like this


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Monday, June 30, 2014 5:53 PM

CABUTLERJR


I would have to agree with you on some things. I think you miss the entire point in that there is no such thing as interest on non organic things. Have you ever seen to Benjemins banging a 50 out or taking their sick 20 to the dr no cause money is organic. Now if in accounting it is a fact that when you create the loan you do not create the interest that has to be paid back. Where does that come from? Look to your right and left in a gathering of 5 and 2 of those people must fail for you to get paid interest on savings investments or if you are the bank your cut. How does this work well you blow up the market with a bubble that puts all this cash into the system then you crash it to get that money back to pass on to savers investors and the banks. That isn't fear stupidity; but for those who believe in our monetary system, or anything else it's an immoral monetary system that every time a loan is written the banker knows you OR SOMEONE ELSE will have to fail for that loan to be paid back. Feeling righteous and a job creator yet?

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Monday, June 30, 2014 6:13 PM

THGRRI


Quote:

Originally posted by Magonsdaughter:
Quote:

Originally posted by THGRRI:
As for the rest MAGONSDAUGHTER, smarter people than I will have to suggest adopting different ways of doing things based on other countries. I am not against it, but I am also not versed enough on the intricacies of the way other countries do things. Best I do not preach to extensively and suggest we emulate them, as too many here are fond of doing. I know of many things in this country that are not as they seem when seen through the eyes of someone from elsewhere. I don’t know where you are from but I know here. I have enough background learned from life’s experiences and though our education system to make sound judgments on the goings-on in this country, and what would go a long way to fixing our ills.

Just my opinions of course. But they are sound.

si shen





I was giving examples of what other countries do to demonstrate different models exist that are not 'communist' as you claimed in one of your contradicting posts.

Sometimes simply understanding that things can be done differently without 'tyranny' being fasttracked in to your lives, means that you might consider different ways of doing things.

Over the years I've had many frustrating conversations with Americans about how x y and z can't be done without a country turning into North Korea. It's like the rest of the world doesnt exist.

Or it exists like this




I'm sorry, I thought I said I was open to adopting some of what other countries do but smarter people than I had to determine what was best. Did I not, or did you not read that part of my post. If you watched the video you would have noticed that I was promoting a British professors approach to schooling and he refers to Norway and other countries as models to emulate. Did I not post that, or did you just not watch it. It is 19 minutes long but well worth it. Perhaps you should go back and look at what I said again. I don't mind if you criticize but you seem to be criticizing me for the wrong reasons. I feel like you believe that I disliked your last few posts. Nothing could be further from the truth.

Keep in mind also that a lot of what is wrong with this country is due to corrupt practices and not because the system itself is flawed. Those running it just don't get it right because of outside forces, like business and that's what needs to be addressed not the program or policy itself.

I saw the map. It suggests disappointment with us on your part to say the least. Keep in mind when you think America you are thinking the world. We have 83 different languages spoken in our school system just in the small city I am from.

si shen



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Tuesday, July 1, 2014 6:10 PM

MAGONSDAUGHTER


I can't follow your views, probably because they get lost in your snarks. So one minute you are having a go about being communist in response to a post and the next you are agreeing.

Quote:

Keep in mind when you think America you are thinking the world.


No, that was the point of the map. You are NOT the sum of the world, no matter how many languages are spoken there, which BTW, is not a unique feature of the US.


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Tuesday, July 1, 2014 7:38 PM

THGRRI


Quote:

Originally posted by Magonsdaughter:
I can't follow your views, probably because they get lost in your snarks. So one minute you are having a go about being communist in response to a post and the next you are agreeing.

Quote:

Keep in mind when you think America you are thinking the world.


No, that was the point of the map. You are NOT the sum of the world, no matter how many languages are spoken there, which BTW, is not a unique feature of the US.




Why would you be surprised by my assuming you meant some form of communism when you suggested we look at how other countries operate? I just spent the last two days arguing with two about that very topic? Let it go.

On changing our economy by emulating what Finland does with taxing oil. I want to create the energy sources of the future. Oil will be gone in 35, 40 years. Taxing oil is a short term solution. Yes let’s do it some but let’s clean up some of the bullshit in this country for a long term solution as we look forward. By the by, if you think the Middle East is a mess now, just wait.

You suggest we look to Singapore. It has only 5 million people. It runs a parliamentary system set up by the British. They say it is not full of corruption but watch what you say because they frown upon free speech. It is an island and is a major port of call. It’s pretty hard to do poorly under those conditions.

Eric Clapton is retiring from touring and one of his complaints is the rest of the world is becoming just another version of America. His words not mine, and his has been touring the world for 40 years. The problems we Americans have with the rest of the world is the name tag arrogant that you immediately pin on us. I’m sure the rest of the world would not appreciate being labeled with an inferiority complex.

How about I just suggest we got off to a bad start?


si shen



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Wednesday, July 2, 2014 12:29 AM

MAGONSDAUGHTER


Quote:

Originally posted by THGRRI:

Why would you be surprised by my assuming you meant some form of communism when you suggested we look at how other countries operate? I just spent the last two days arguing with two about that very topic? Let it go.



Because saying this:

Quote:

No it's not. It's called communism.


in response to my rather mild post is a snark pure and simple. It's pretty much the same as if I called you a fascist because your views sounded right winged. You weren't trying to have a reasoned response, so why pretend that you were.

Quote:

On changing our economy by emulating what Finland does with taxing oil.


It was Norway actually, but carry on.

Quote:

I want to create the energy sources of the future. Oil will be gone in 35, 40 years. Taxing oil is a short term solution. Yes let’s do it some but let’s clean up some of the bullshit in this country for a long term solution as we look forward. By the by, if you think the Middle East is a mess now, just wait.


The Norway solution is to tax primary industries such as oil and natural gas and invest the profit in what is basically a soverign pension fund. That investment is a long term solution for funding public expenditure. It's a better system than inviduals who own mining companies making squillions out of a non renewable resource.

It's not the only solution and it certainly would be sensible for there to be investment renewable energy sources. What makes you think that I am not a fan of renewable energy solutions.

Quote:

You suggest we look to Singapore. It has only 5 million people. It runs a parliamentary system set up by the British. They say it is not full of corruption but watch what you say because they frown upon free speech. It is an island and is a major port of call. It’s pretty hard to do poorly under those conditions.


I suggested you looked at Singapore to find a country that had government ownership of utilities and was not communist, but a thriving bastion of capitalist wealth. So that you can see that things are not black and white. Not as an example of what you should do or become. I'm not a fan of the lack of freedom of speech in that country, but you cant deny that it's thriving. It (and China) demonstrate that the capacity to make profit does not guarantee personal freedom.

I too live under a parliamentary system of government set up by the British. What was your point regarding that? It's actually one of the most stable forms of government in the world.

Quote:

Eric Clapton is retiring from touring and one of his complaints is the rest of the world is becoming just another version of America. His words not mine, and his has been touring the world for 40 years. The problems we Americans have with the rest of the world is the name tag arrogant that you immediately pin on us. I’m sure the rest of the world would not appreciate being labeled with an inferiority complex.


I'm not labelling anything on America, I'm describing how you apparently see the world. Black and white. Good vs Bad. Communism vs Capitalism. I've been attempting to show you a few grey zones.

Quote:

How about I just suggest we got off to a bad start?


Possibly. I'm not convinced that you're not something of a troll here as you seem to like to provoke rather than discuss and your views are all over the place. I'm happy however to give you the benefit of the doubt.

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Wednesday, July 2, 2014 2:05 PM

THGRRI




I was quick with the communism statement but as I said, I had been arguing two days or more with two whose approach was little else but fantasy and socialism.

Sorry for that but I have posted much in response to you since then that if read should have shown I was being polite and responsive to your posts.


I feel now I have to point out your suggestions from the get go, are about changing our government,( to a parliamentary system ) or raising the tax rates expeditiously to levels not going to be accepted in this country. Therefor they are useless to extrapolate about. If I was a troll I would have pointed that out first off and not been polite about it. Instead I tried to find common ground. I guess I did a poor job of that. I tried because I found your responses, aside from the fact that you could not let the communism statement go, insightful and mostly void of maliciousness.

si shen



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Wednesday, July 2, 2014 4:29 PM

MAGONSDAUGHTER


Strange, I've actually never made suggestions for what your country should do, just point out some alternatives to pure capitalism. If anything, I'm thinking about these changes for my country. However, in order to implement any of the suggestions regarding education, investing tax on natural resources, government ownership of utilities, we'll possibly have to wait until Rupert Murdoch is dead and the dominant paradigm around thses issues shifts.

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Wednesday, July 2, 2014 7:02 PM

JEWELSTAITEFAN


Quote:

Originally posted by THGRRI:
Keep in mind when you think America you are thinking the world. We have 83 different languages spoken in our school system just in the small city I am from.


Wow. Delusions of grandeur?



I regret that I have not had enough time to peruse MDs comments here because she seems to have some good points.

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Wednesday, July 2, 2014 8:33 PM

THGRRI


One more time Magonsdaughter. You jumped into the middle of what became a heat debate by the fourth page and posted this:

Quote:

Originally posted by Magonsdaughter:
I've always been in favour of governments being able to own resources and utilities. There is no reason why governments shouldn't make a profit and redestribute that as infrastructure spending. That means for resource rich countries that funding for education, healthcare, care of the elderly could be pretty much funded by resource profit and that individual taxpayers would not have to bear such a burden, plus you don't have to rely on user pays systems.



Quote:

…My response
You can accomplish the same thing by ending corporate welfare and expanding the tax base once again.



I am trying to suggest to you ways of getting the same results without changing our system to where government gets involved in owing and running profit gaining businesses. Why, because that is a very big change of policy here that is improbable.
Quote:

…You

Yeah, you can accomplish it in a number of ways, but having control over natural resources and being able to reap the profit from natural resources as a people is a good idea.



Quote:

…Me
No it's not. It's called communism.



What I should have said is it resembles socialism which strikes a chord with half the country to such an extent they see it where is does not exist. So that suggestion too is highly improbable. And when you read the definition of socialism out of Merriam Webster which I site below you see I was right. If you look up communism it even lists owning resources such as oil. So, I was not wrong in what I said about it being a form of communism. Yet I still apologized for it to clear the way for you to continue.

Socialism; any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods

Quote:

…You
Strange, I've actually never made suggestions for what your country should do, just point out some alternatives to pure capitalism. If anything, I'm thinking about these changes for my country. However, in order to implement any of the suggestions regarding education, investing tax on natural resources, government ownership of utilities, we'll possibly have to wait until Rupert Murdoch is dead and the dominant paradigm around thses issues shifts.



Everything from your fist post on has been a suggested alternative so I don’t quite understand your last post here. I now know you are from England due to the Rupert Murdoch comment. Yes we are all stuck with such shall I say, colorful people.

P.S. if you watched or are familiar with Sir Ken Robinson please let me know if you enjoyed the video. I am curious to hear your opinion.


si shen



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Thursday, July 3, 2014 6:17 PM

JEWELSTAITEFAN


Quote:

Originally posted by Magonsdaughter:
Strange, I've actually never made suggestions for what your country should do, just point out some alternatives to pure capitalism. If anything, I'm thinking about these changes for my country. However, in order to implement any of the suggestions regarding education, investing tax on natural resources, government ownership of utilities, we'll possibly have to wait until Rupert Murdoch is dead and the dominant paradigm around thses issues shifts.


USA was created to throw off the yoke of overbearing rule, and allow citizens the freedom, the choice, and until recently the option of how to live their lives. Government forced and rationed healthcare is the opposite of all this.

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Monday, July 21, 2014 5:40 PM

JEWELSTAITEFAN


Back to the OP topic.
As mentioned in another thread, libtards despise any type of Freedom.
When Republicans (and the preceding Whigs) fought hard to Emancipate (free) the Slaves, libtards and other Democraps fount tooth and nail against it.
When the Republicans fought hard to give Blacks the freedoms to own lands, businesses, and vote, the libtards and other Democraps fought tooth and nail against it.
When the Republicans fought hard to give women the freedom to vote, the libtards and other Democraps fought tooth and nail against it.
When the Republicans fought hard for Civil Rights, the libtardsa nd Democraps fought tooth and nail against it.

The hallmark of the libtard is their complete opposition to FREE market and FREE enterprise, which they know must be quashed under the oppressive thumb of big-government communism and crony capitalism.
The OP tries to paint a picture of capitalism thriving in a vacuum, without FREE market or FREE enterprise. The current exception is Obamacare, of course. Other than that, the FREE market consumer may choose to purchase the product, OR NOT. The "or nots" work against the capitalist's profit calculations, and may render the FREE enterprise unprofitable. Some people may enjoy RJReynolds products. Some may not. Some may think they should be banned. Some may choose not to own stock in the company. Some of the biggest libtard hypocrites in history have made gobs of money off RJR stock while decrying anybody else doing the same.
The FREE market determines whether the FREE enterprise will be a profitable venture into capitalism, regardless of it's ethical position. If enough consumers do not believe the ethical position is distasteful, they can make the enterprise successful. If enough consumers are appalled by the ethical position, the enterprise can fail.

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Monday, July 21, 2014 6:04 PM

CHRISISALL


Your understanding of history and especially economics is most amusing. Not everything you state is wrong, but what IS wrong makes you seem very sweet & child-like. Wow, if ONLY it all really did work like that... *sigh*


Sorry, try again. This has been debunked. Once again, you are demonstrably in error, and ensconced in the endless anti-whom-you-hate bullshit. Feel free to go on, and prove yourself more the idiot than you have already (Heh, if that's even possible at this point).
You proved me right here.
Thanks.

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Monday, July 21, 2014 6:14 PM

1KIKI

Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.


"without changing our system to where government gets involved in owing and running profit gaining businesses"

That was not MY suggestion. When you can reply to what I posted (instead of the voices in your head) maybe we can have a discussion. Otherwise, I'll treat your posts on this topic as spam.




SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

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Monday, October 26, 2015 10:16 PM

THGRRI


Quote:

Originally posted by THGRRI:
Quote:

Originally posted by 1kiki:
Once again our resident troll sock puppet, when presented with the analysis of a world-class economist, posted nothing of intelligence or even mild interest in response, and posted absolutely nothing to substantiate the mental diarrhea it tries to pretend is discussion. I really do wonder what passes for a brain in it.



Quote:

Originally posted by THGRRI:
Why look at China and India 1kiki when they are both playing catch up with us. When both had to abandon what they were doing and adapt our approach to business. You should remember that both did the same thing in attracting business. They gave state assisted Education to many of its citizens while we have to incur large debts to educate ourselves, thus our need to demand higher wages. That along with state assisted medical which is a big burden to business in this country. Other than that it is us that built up their countries by moving our jobs there.



Quote:

....1kiki

The biggest point you are apparently unable to take away from the story is that “Quality of Life: India vs. China” is that what’s behind improving conditions in both countries is their enhanced practice of capitalism.




Because it is a distraction from the point and wants to suggest that we should think more like the Chinese and or India because they are becoming more successful and or have better philosophies. Ignoring the fact that they are climbing out of the gutter by riding on our backs, along with Europe. They are doing well because much of our economy (jobs)shifted to those countries. (cheep labor)

When Thomas Freedman asked some India officials what is the United States supposed to do with all it's jobs migrating to India? They responded by saying the United States should do what it always does. Create the jobs of the future.



si shen




Thanks for the link 1kiki. Another reminder of how dim witted you are.


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Monday, October 26, 2015 11:34 PM

1KIKI

Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.


....1kiki

The biggest point you are apparently unable to take away from the story is that “Quality of Life: India vs. China” is that what’s behind improving conditions in both countries is their enhanced practice of capitalism.



Amazing. This is your second post in this thread where you've attributed a post to me which you yourself posted. Why am I not surprised that the only points you can TRY to make are by lying?

http://www.fireflyfans.net/mthread.aspx?bid=18&tid=58208&p=4
Friday, June 27, 2014 1:36 PM
Originally posted by THGRRI:
The biggest point you are apparently unable to take away from the story is that “Quality of Life: India vs. China” is that what’s behind improving conditions in both countries is their enhanced practice of capitalism.



THUGGR

Humanitarian. (snicker)
http://www.fireflyfans.net/mthread.aspx?bid=18&tid=58208&p=5
Who gives a shit?


and the epitome of evidence and reason
http://www.fireflyfans.net/mthread.aspx?bid=18&tid=58499&p=29#
1003717

and here is your cite

HA HA HA HA HA HA HA HA Ha ha ha ha ha ha ha ...




SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

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Sunday, November 8, 2015 4:09 AM

JAYNEZTOWN


Hungarian Prime Minister accuses billionaire investor George Soros of trying to undermine Europe by supporting refugees travelling from the Middle East

http://www.dailymail.co.uk/news/article-3297431/Hungarian-Prime-Minist
er-accuses-billionaire-investor-George-Soros-trying-undermine-Europe-supporting-refugees-travelling-Middle-East.html



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Monday, November 9, 2015 2:45 AM

SHINYGOODGUY


It's a present-day Feudal system.


SGG


Quote:

Originally posted by chrisisall:

And Capitalism isn't foolish. It's a shrewd system for the maintenance of a class of people.


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Monday, November 9, 2015 9:28 AM

JAYNEZTOWN


Quote:

Originally posted by chrisisall:
Quote:

Originally posted by 1kiki:
So why do we trust our lives to this stupid and foolish human system?

What? Why do you think? Because RICH FOLK.



I think its because all other systems have failed, unless you count China's current growth as success....ain't that a nightmare from Joss, how the USA and China form the perfect alliance into one universal global government?

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Thursday, November 19, 2015 4:26 AM

JAYNEZTOWN


Quote:

Originally posted by AURaptor:
Best system there is, so this thread is stupid and foolish.



all systems are f*cked, Capitalism happened to be the best of a bad bunch

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Thursday, November 19, 2015 11:19 PM

1KIKI

Goodbye, kind world (George Monbiot) - In common with all those generations which have contemplated catastrophe, we appear to be incapable of understanding what confronts us.


Capitalism happened to be the best of a bad bunch if you're rich. If you're not, then your money goes to supporting the rich in the style they enjoy, and furthering their plans to get even richer.




SAGAN: We are releasing vast quantities of carbon dioxide, increasing the greenhouse effect. It may not take much to destabilize the Earth's climate, to convert this heaven, our only home in the cosmos, into a kind of hell.

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Sunday, November 29, 2015 8:26 AM

JAYNEZTOWN


Quote:

Originally posted by chrisisall:

I prefered the sidebars where possibilities were explored.



The media and politics have died off to the lower forms, its all radical left, radical right, wacko race or tribal ideas, politics are backward now





and people are starting to listen to the doomsayer economists again










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Thursday, June 30, 2016 6:17 PM

THGRRI


Quote:

Originally posted by SIGNYM:
No, you missed the point:

ELECTRICAL GENERATION IS OWNED BY THE CHINESE GOVERNMENT. Not "some", or "most", but ALL. Petroleum purchase and refining, and petrochemicals. Banking. Transportation. The state-owned enterprises (SOEs) comprise the backbone of strategic, heavy, large industry, and when you add provincial and city ownerships, it rises even more. Furthermore, China seems to be reversing course on its liberalization policies

Quote:

A new shorthand has entered common parlance: guojin mintui, meaning the state [sector] advances and the private retreats. It seems to suggest that the state sector's share of the economy is growing, which it is not; non-state businesses are in fact prospering. But the government has been muscling in on business in a variety of ways. It has been tightening its grip on some industries it considers “strategic”, from oil and coal to telecommunications and transport equipment. It has been devising market-access rules that favour state firms. And to the chagrin of private businesses, it has allowed state companies to remain active in a surprising range of palpably non-strategic sectors, from textiles and papermaking to catering. In recent years property development has become a lucrative sideline for government businesses. “The tentacles of state-owned enterprises extend into every nook where profit can be made,” writes Zheng Yongnian of the National University of Singapore.

Of 42 mainland Chinese companies in the Fortune 500 list of the world's biggest firms in 2010, all but three were owned by the government. Carl Walter, a Beijing-based investment banker, said in a recent book that getting as many companies as possible into that select group was a matter of deliberate policy. China's own list of the 500 biggest Chinese companies spans 75 industries. In 29 of these not a single private firm makes the grade and in ten others they play only a minor part.


http://www.economist.com/node/18832034

Is it capitalist economy?



China's shadow banking system will soon begin to suck money out of the country's economy at a mind-bending rate, according to analysts at HSBC.

The parasite

The WMP problem is now so huge that it's starting to suck up cash lying around in the Chinese economy like a horde of locusts. Economists use "M2" to describe the part of an economy's money supply that includes cash, checking deposits, and what is known as "near money" — extremely liquid assets like savings deposits, money market mutual funds, and other time deposits.

HSBC points out that M2 growth has settled in around 12% to 15% a year over the last few years. It was 20% while the economy was growing faster. WMPs, HSBC analysts estimate, are growing much faster than that.

"What that means, quite simply, is that money is flowing into WMPs faster than the pace at which it is being created, implying that liquidity is being sucked in from the real economy," the analysts wrote. "In our opinion, the sustainability of such a situation is questionable, and this is potentially one of the key factors that could trigger a systemic risk event down the road."

http://www.businessinsider.com/china-shadow-banking-sucking-cash-out-o
f-the-economy-2016-6


____________________________________________


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