

Sorry no sub for this footage.
What happens is World Bank President Robert Zoellick is visiting China and releases a report "China 2030", which preaches the China government that China must abandon its current economy system or a devastating crisis will be unavoidable.
Zoellick proposes some solutions such as complete transition to market economy, accelerating the pace of open innovation, green economy, more accessible services and jobs for all people,
, and mutually beneficial relations with the world, etc.
Zoellick report made headline news in state-run media of China.
Du Jianguo, an independent Chinese economist, denounced World Bank policy prescriptions as poison and briefly disrupted Zoellick's Tuesday conference. The message Du was trying to deliver was:
1. China's state-owned enterprises (SOE) are doing very well right now, therefore they should not be privatized as suggested by president Zoellick. Du said the proper SOE reform should focus on better supervision to avoid monopoly positions currently possessed by SOEs. In Russia, privatization and shock therapy created a looting spree for foreign investment banks like Goldman Sachs and completely destroyed Russia back in 1990s (Zoellick was vice chairman of Goldman Sachs). The proposed privatization program is just a deliberate robbery plan of American investment banks.
2. Latin American countries' state-owned bank privatization designed by World Bank was an epic fail. Wall street parasites have kidnapped USA. They have fucked up USA. Now Goldman Sachs wants to team up with evil bureaucrats of Chinese Communist Party to rob Chinese people through the proposed privatization of Chinese banks. If Chinese people failed to stop American and Chinese fat cats, they would have to repeat occupy Wall Street movement in future.
The funny thing is Du himself is a pro-America scholar. He has been advocating that China should learn from what makes America a great nation, such as democracy, faith, spirit of innovation, diverse cultures, and rule of law etc.
By: karazhanchess
In: Regional News, Politics
Tags: Chinese, china, Protester, World Bank, Zoellick, Du Jianguo, wall street, 99%
Location: Beijing, Beijing, China (load item map)
Marked as: approved
Views: 1711 | Comments: 13 | Votes: 0 | Favorites: 0 | Shared: 0 | Updates: 0 | Times used in channels: 2
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should have broken out some snake fist on zoellick's smug ass
Posted Feb-28-2012 ByMeLowPing (309.78) MeLowPing View Channel Send Message
(1)
Hey... Why not give 'em a taste?
Posted Feb-28-2012 Bydjkrunch (97.08) 
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Zoellick is a fucken american, so thats why his shit is protested against, just like any other shit american produce
Posted Feb-28-2012 Bytraingalaxy (-4.70) traingalaxy View Channel Send Message
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State run enterprises worked well for greece, same for china they will bleed china dry. SOE's are designed to give communist party members a secure job for life but they do not make a cent and have huge unpaid loans.
Posted Feb-28-2012 ByPenguinister (481.00) 
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Here Here Du my man!
Posted Feb-28-2012 Bytymoss (179.34) tymoss View Channel Send Message
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I think its about time we let someone else take the lead, most of us are sick of the American double standards and Jewish over representation.
Posted Oct-7-2012 Bynarret (47.60) 
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I cant wait until china implodes, that's going to be fucking awesome.
Posted Feb-28-2012 ByVikingRapeSquad (1330.90)

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@VikingRapeSquad They got stacks on stacks on stacks. Call it rack city bitch.
Posted Feb-28-2012 Bytymoss (179.34) tymoss View Channel Send Message
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@PimeTaradox Hopefully we've hedged enough against them that we land on top
Posted Feb-28-2012 ByRoach1983 (1253.76) Roach1983 View Channel Send Message
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@hedgehog How? They own a bunch of US bonds for the US dollar, but the dollar isn't backed by the gold standard anymore.
I'm sure you can guess which country holds the most gold and I'm sure you can also guess why China did a very abrupt about face to make it legal and now encourage their citizens to buy precious metals while banning their export. ;)
Posted Feb-28-2012 ByRoach1983 (1253.76) Roach1983 View Channel Send Message
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