earthizen:

China is going down the drain. The USD 3 trillion foreign reserve mark is the danger mark. By December 2016 China has fallen to that level. Factory orders are dwindling. Capitals are running like hell out of China. 

You pay for what you get. China is reaping what it sowed. 

http://www.tradingeconomics.com/china/foreign-exchange-reserves

Foreign exchange reserves in China declined by 41 billion to USD 3.011 trillion in December of 2016, central bank data showed. It was the sixth straight month of decline bringing the reserves to the lowest level since February 2011 as the central bank continued to sell foreign currency to slow the renminbi’s depreciation, the State Administration of Foreign Exchange said in a separate statement. In the December quarter of 2016, the local currency decreased by 4 percent, due to a surging US dollar and accelerated capital outflows. For the whole year of 2016, the yuan depreciated 6.6 percent against the dollar, the biggest one-year lost since 1994. This year, the currency is expected to weaken further despite efforts to slow its slide. Foreign Exchange Reserves in China averaged 890750.12 USD Million from 1980 until 2016, reaching an all time high of 3993212.72 USD Million in June of 2014 and a record low of 2262 USD Million in December of 1980.

icnif77:

It looks, like everybody is going down .... China at present, export oriented economy can't show the riches , but must (it might be 'instigate') 'down' just to be equal, i.e. compatible.

IMO, you look wrong way (with above c&p) as 'we' & 'them'.

What happened to 'American-ism'?

10-15 years ago 'newcomer' in USA was considerate 'American'... Not really right after the arrival, but few years later. 

'Nation of Immigrants'

earthizen:

Not everybody is goind down. Developed countries by definition have attained, as a whole, a relatively satisfactory level of material support by a relatively civilized population. It doesn't mean being abused by your "own kind" because you had inherent physical issues, clouding your judgement, that you are rightfully against them and go for vengence through supporting unscrupulous low lives, encouraging violence. Doing that means you are just as twisted as those from the "West" falling for ISIS, becoming terrorists.

The leaving of foreign capitals started a few years ago. With its hubris, China has becomingly increasingly unattractive to foreign businesses. China's manipulation of currency has always been there, depreciating the rmb to boost exports doesn't really work when the environment is so hostile to foreigners. You don't have to be super rich to be disgusted at pollution or dalurens' disgusting mentality and behaviors.

America adopts a melting pot society concept. But this doesn't mean letting in virus with destroying everything in the pot as hidden agenda. This is the same as any healthy living organism welcomes healthy food, not virus, like "patriotic" commies who strapped themselves with pollutants, in terms of both mentality and actual, physical pollutants.

icnif77:

To "Prevent Public Panic", Beijing Orders Banks To Keep Capital Controls Secret

"You must control your forex deficit, but you can't say that SAFE is controlling capital outflows," a high-ranking government official told Chinese bankers. The banks were told to "manage sentiment" to prevent public panic, the banker said, and the banks' research analysts should not broadcast any negative views on the yuan.

Gold bullion quantities will have the last saying of 'who's-going-down'... or WW

earthizen:

All the gold in the world would not buy a shred of respect from those who have a soul or morals if you are a low life, nor wipe out whatever abuse you were subjected to.

With amoral thugs, gold doesn't have any say at the end of the day, regardless of how much gold they cheated and robbed they are merely thieves and robbers. The ultimate say lies in the bullets you use putting them down.