Comments by "Andre Falksmen" (@andrefalksmen1264) on "China's enormous subsidies come from trading profits. US and European subsidies come from taxpayers." video.

  1. That's democracy and cronyism for you.😂
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  2. @gelinrefira  it's democracy. India suffers the same deficit as all nations that adopt democracy before undergoing Economic Development suffers. By placing the legislative and executive powers in the hands of a negative multitude, even more so one which is legislative and executive powers in the hands of a negative multitude, even more so one which exist on a subsistence level, you naturally create a system which is one of cronyism and patronage. As those who barely are surviving for today cannot consider the consequences of tomorrow. All of this is intentional, the error of Western liberalism, including democracy, is one of the greatest tools the West has created for the regression and stagnation of non-western societies.
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  3.  @sinic1978  I think you underestimate the relative state of the Gulf countries, they are fully developed and they even have a competitive heavy industrial production, it's just not significant given their oil wealth in solving wealth funds. For any other country Saudi basic Industries would be a Triumph coma for Saudi Arabia it's just a side project. That said, the end of Western dominance means the end of the religion of Western liberalism. While the Singapore model is largely ignored, are downplayed by the west, more and more Nations will look at the few successful models. While many of the Asian tigers gave into multi-party liberal democracy, and are suffering stagnation as a result, Singapore has maintained its one-party state against the tide Western pressure. Furthermore, both coming soon and Azerbaijan offer fairly good examples of resource rich countries which have used the revenues to diversify their economies and rocket up the development index. The Chinese model may seem somewhat elusive to emulate, but I think the finest example of rapid industrialization is South Korea under Park chung-hee. If there are only two models to study, it is Singapore under Lee Kuan Yew and South Korea under Park chung-hee. Take the finance and governance model of Singapore and apply it to the industrialization and compulsion of Park chung-hee of South korea. However, if you want to turn peasants, not their sons and daughters but actual peasants, into industrial workers, engineers, and physicists, there is no greater model than Stalin's Soviet union.
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