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China's nationalism mutating into aggression
#16
RE: China's nationalism mutating into aggression
(June 29, 2013 at 6:00 pm)Creed of Heresy Wrote: Gordon Chang, author of "The Coming Collapse of China," said...

Blah, Blah, Blah......


Is this enough for you, Chuck? Is this "valid and coherent" enough for you?

Gordon chang is a lawyer by training, and is without discernible standing as a economist, policy analyst, nor, for that matter, as a pundit with any track record of having been proven right on any significant original prediction he has made in his career of punditry, ever.

His claim to fame is one strident book called, as you were so impressed by, "the coming collapse of china", whose thesis was that the 4 largest state owned banks in china are in fact so insolvent that they would cause all of china to implode through their collapse by 2006. His correctness is such that 7 years after china's "collapse by" date has passed, he is still selling himself as the oracle of how china will collapse. Those same 4 banks in the meantime, far from having collasped, have all climbed into the top 10 spots in the list of world's most profitable and well capitalized banks. One of them, the Industrial and Commercial Bank of China, is actually number 1.

Gordon chang sings a single note to the one audience that would forgive any falseness in the note because they like the note so much, sort of like dooms day preachers who keeps talking after the world has alledgedly already ended because his audience thinks anyone who invokes god and bible so many times can't be far wrong even if he is, well, totally wrong.

Whenever a piece of news or statistic seemly favorable to china is published, Gordon chang would predictably sing his one note and go on the punditry circuit to claim it is either false or would be reversed tomorrow. In this spirit gordon chang made this - amongst many other - spectacularly idiotic prediction the week after Forbes reported that China has overtaken the US in total automobile sales. He prognosticated that the US would surpass china again the very next year because China would collapse, and as a result the US would never again be overtaken by China. In reality China has registered more auto sales than the US EVERY YEAR since, and by ever larger margins.

His track record has not cause him to cut his losses by making fewer and less extreme predictions. When one makes predictions to the effect that this or that nation will collapse, one will inevitably, if one waited long enough, be proven right because all nations, China included, will eventually collapse some time before or at the end of the universe. Maybe this is the brilliant insight behind chang's strategy always doubling down AFTER event has proven his predictions about China to have been false.

In fact, if you keep doubling down on the prediction that the world will end tomorrow, eventually, after a few thousands of trillions of years, you too will be proven right.

So, You would not have been any less credible, valid or coherent if your had supported your views on cosmology with quotes Harold Camping, than you are by supporting your views on china with quotes from gordon chang.

Is that level of credibility, validity and cohenece enough for you?
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Messages In This Thread
RE: China's nationalism mutating into aggression - by Anomalocaris - July 2, 2013 at 7:09 pm

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