t perspective to those who would espouse the coming of "The Chinese Miracle" -
"The collapse has already started and the Central Party Committee and aspiring members are already well aware of this fact and all its implications. I suspect even they doubt their ability to ensure a so called "Soft landing" ! Published figures from official sources are worthless. Inflation is headlined at 4-5% yet in 2011 ran at a real rate of around 16-18%. Non performing loans to provincial governments and large state industries are variously officially published at 30%. Many in China know the true figure is in excess of 60%. The High Speed Rail "Project" is bankrupt. In October circa $475 (million) equivalent was injected into the project and did little more than pay 9 months of unpaid salaries. Many large companies are under enormous financial pressure as their contracts to provincial and military customers are not being paid.
A number of Tier one cities and provinces have been allowed to sell bonds. Why do governments sell bonds? Just like the west to raise finance. Just like the west raising capital finance to pay day to day revenue expenses is not sustainable practice, as Europeans will now tell you! The main 4 banks published large increases in profit but only made 2.5% provision for bad debt. Even with a rate of 30% bad loans this seems ridiculously small.
House and more importantly land prices, have collapsed in the past 4 months.
The Lewis point has been passed and indeed the need to move to an internal and innovative high tech economy must be the way forward however there are two major problems. The move should have been started a decade ago. Instead of wasting money on so much useless construction and corruption the government may have been better off building social support so the Chinese would save less and spend more. Now salaries are high enough to render, what were already minute profits, none existent and the populace is at best a little nearer spending on mass.
The second problem is the education system and the controls propagated by the communist party. This education system beats innovation and independent dynamic thought out of the populace. Chinese television is always telling the viewers how great China is and how much they develop and innovate. In reality, in virtually every case, they have only moved to a higher level of high tech copying and glitzy marketing.
Finally, look to western and south western China. What is happening in Chongching. How is it that, after recent events involving his deputy Wang, Bo Xilai has not been removed by Beijing? How is it that the party secretaries of neighbouring provinces and cities can openly pledge allegiance to this man? How in November last year was he, a mere party secretary, sent to Chongching under a fair size cloud of disgrace, able to mount military exercises? A good half of Chinese military is stationed in western China! What is this Princling's true relationship with Jiang Zemin, the last Communist Party Chairman, who never supported Hu Jintao and is known to continue to agitate in the background while retaining substantial loyalty from the military? How many in the west understand just how popular Bo Xiali is with the masses. Were you aware that under his leadership many Maoist practices have been re-introduced? I would suggest the possibility of a rather more interesting than usual change of leadership might just be on the cards this time round! I for one watch with fascination and concern.…
United Nations to deliver over 50,000 signatures requesting that a
Global Oneness Day be established.
Ambassador Anwarul Chowdhury, who received us said, “I believe that unless we have a sense of solidarity among the peoples of the world, all our efforts of peace and security will go nowhere.”The key question is how do we create a culture of solidarity? Do we create it through state enforced socialism or communism or do we create it voluntarily through awareness/awakening to that which we already are: connected with all of life; a part of the one presence that many quantum physicists reveal is the one true reality/ultimate reality. You probably know that many quantum physicists are writing about and speaking about the connection in all of life. Related to this, many are sharing of our inherent solidarity and natural desire to collaborate, not compete. What is perplexing is that this knowledge, this awareness, is very limited in the mainstream. It is estimated that only 5-10% of the world’s population has awareness of our connection, our Oneness (and our solidarity). This is precisely why the United Nations requested that Humanity’s Team create a Global Oneness Day, to bring more focus and attention to our connection and Oneness. Shortly after our visit in May, 2010 we created the first annual Global Oneness Day on October 24th, 2010 (we created Global Oneness Day on United Nations Day). We are not wise to create state enforced socialism or communism. Forced change will never work. We must go down the path of awareness/understanding that voluntarily creates social responsibility, social reform and social justice. When there is shared connection there is always shared responsibility and it is sustainable because is voluntarily chosen.
The Oneness Statement created by our Humanity’s Team Global Council speaks about the connection between Oneness and shared responsibility, Oneness is the energy of love that lies within and connects all of life, enabling us to recognize ourselves in everything. The universe is one being and we are its cells, all essential and responsible for the well-being of the whole. Pope Francis is calling for a culture of solidarity. The United Nations is calling for a culture
of solidarity. Many scientists are calling for a culture of solidarity. Humanity’s Team and
our partner who is co-convening Global Oneness Day with us this year, the Association for
Global New Thought, are calling for a culture of solidarity ...
based on our connection and Oneness. Will you join with us? Please register for Global Oneness Day and together let’s draw attention to our Oneness and solidarity. We’ll voluntarily create social responsibility and social justice by walking down this path together and in the process we’ll co-create the world that we want for our generation and future generations. If you share our vision please register now for Global Oneness Day 2013. REGISTER NOW http://www.globaloneness2013.org/Thank you and bless you!In Oneness, Steve Steve FarrellWorldwide Coordinating DirectorHumanity’s Team…
which mitigate the establishment of that transition. No better perspective of these 'self-serving forces', has been created in his mind, than that proffered by Ralph Steadman in his Art Work; and most particularly his own very particular take on the ...
'Universal Declaration of Human Rights'. As most of you are already aware Leonardo da Vinci provided an early influence, with regard to my study of Art at Grammar School, which has subsequently been very much enforced by Steadman's... own life long appreciation of Leonardo da Vinci.
The recurring theme of humanity in his work also shows up in his passion for other socially relevant causes. In 1994, he illustrated the front and back covers of Amnesty International's Drawing Blood, and in 1998 he did a series of drawings for the Universal Declaration of Human Rights, celebrating its 50th anniversary of passing. They even had him write the introduction, wherein he stated:"'I have the right to hold an opinion, express it, celebrate it, broadcast it, live by it, and travel with it anywhere I so desire and what's more convince others, by peaceful means, that they should hold that opinion too.'"That in essence is Article 19 of the Universal Declaration of Human Rights and entombed within it is the right of any artist of any faith, impulse or inclination to express him/herself with unbridled passion and conviction sufficient to bestow upon the world a Pandora's Box of riches or curses we could probably live without."He continues, "Article 19 is obviously a dangerous one amongst twenty nine other equally important human agreements, but it is probably the one article which keeps well hidden within its carefully unbiased structure the undeniable fact that its content releases the power of the individual to be both artist and maniac. The 1948 United Nations Assembly had unwittingly created a monster, an embarrassing loophole, a well-meaning but desperate humanitarian gesture. In their earnest intention to neutralize any future tyranny in the shadow of the recent Holocaust freedom of communication was paramount."…
Added by Michael Grove at 17:44 on September 5, 2011