China hustl6/23/2023 ![]() It seems that little is done with the capital, in terms of actually increasing production, but instead the money is stolen. What if the Chinese “economic miracle” were proven to be, like so many other alleged miracles, a mass of illusions? What if savvy American investors were actually shown to be quite naïve and gullible, even after everything suffered by so many during the 2008 financial crisis? What if American politicians were revealed to be sleepy dopes who tacitly collaborate with their new economic patrons, the Chinese? What if short sellers could also be saviours? What if capitalism rewards hard work but rewards scammers even more? What if American poverty and despair is the outcome of individual greed, political stupidity, weak laws, and sly Chinese business acumen? These are some of the key questions that we are made to entertain in watching this rather entertaining documentary- The China Hustle-one which has some seeds of wisdom but little water to help them sprout, and not a small number of fatal contradictions.Īt its most basic, and as represented in the clips assembled below (which you are free to share), the documentary is about how shady Chinese industrial corporations, which are little more than a façade, get listed on US stock exchanges and inflate the size of their holdings, revenues, and output in order to attract American investors.
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