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tv   [untitled]    February 4, 2012 8:48am-9:18am EST

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so to speak without too much problem south south assumes like america is doing its best to accommodate their new overlarge the chinese now many common commentators in america of course dismissed china as the low wage low value manufacturer of global predominance these what are your thoughts because there's a lot of. chinese sewers goes a recent articles last few weeks in forbes by gordon john who's a big. chinese here wrote a book called the coming collapse of china the only problem was he wrote a book in one thousand nine hundred eight so we look at the structure of the chinese economy what is china exports united states what does the united states export to china look at the real numbers the major exports from united states to china last year was corn so we beings scrap steel and scrap plastic. looks more like a eighteenth century economy what we see in united states the other hand what you
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see is china export their number one export united states is now electronic equipment. manufacturer manufactured look tronics so china story twenty years ago on the low wage low value added in oh did serry new order go up in many american companies are going to get global competitors coming out of china in future yeah you mentioned scrap metal scrap paper yet if you look at the list of exports from top twenty states that export to china from the united states number two or number three on the list is always garbage america's excellent export its garbage to china like scrap paper for example which of course china recycles into cardboard cardboard boxes and resells back to united states and has made many many billions of dollars for people over there who are not afraid of doing a day's work of course in america that's not in the cards anymore it's more about
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getting that electronic payment down there at the wal-mart to pick up some baby formula now stephen roach and jim rogers are almost alone amongst western commentators in praising the medium to long term for chinese economy and claiming that any short term housing market or economic slowdown will be a soft landing so those guys are in the pro china camp. you're there in shanghai. so it's not it will be there whether it's a soft landing or a hard landing you're saying whatever the landing is doesn't make much difference the one clear trend is that they're going to take their cash pile of money and start buying into countries like the u.s. correct yes a little you think when we talk about the chinese economy a lot of the empty china stuff that relates to housing you know the americans have for twenty years lived in a printed money transfer agreement military industrial complex economy. they just went through a housing bubble so they believe everybody should have
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a housing bubble what they don't realize here is half of the homes in china have been paid with cash the other half have at least thirty percent downpayment so there is no credit bubble so to speak in housing. china has experienced some what you could slow down if you could call it a slowdown you know eight or nine percent g.d.p. growth but really what the people forget is that this is an engineered slowdown chatto wanted to slow down the economy growing at twelve percent a year it was too fast with the high inflation environment with with all these central banks continually printing money last year a corporate loan now in china is nine percent. there's direct korean laws to stop people from purchasing homes so you can only literally purchased one home right now you can't purchase another one if you already own one so i don't see a troubled economy in county where you people are buying cars and homes for cash
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and where you have to try to slow down the growth i see the big trouble in united states where last year we went into a five trillion dollar debt gap adjusted debt which is on balance sheet and off balance sheet liabilities to create one percent g.d.p. growth that's more what i'm worried about let's move on to our golf for a second because forbes that mouthpiece of the entranced kleptocracy is recently talking about why china is buying all because it's capital flight and it's not certificate anyway but it seems we hear a lot of people talking about strategically china want to buy gold insulate itself against a collapsing dollar your thoughts yeah buying gold you know forbes i basically work in their own agenda here why not gold in china is capital flight are is actually there's actually no correlation there last week beijing daily reported there was over one hundred million dollars in. gold sales in beijing alone they go upstairs
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stores headlines out the door and gold is really become a big chinese new year's gift here in china its sales in the first week after new years were up fifty percent from last year this gold is not. been going over seas with people leaving planes it's getting put into family has to be handed down generation after generation the capital flight issues entirely separate issue if you look at the very you know a lot of the wealthy people in china there is a lot of the corruption here no doubt there's a lot of ill gotten gains and a lot of capital flight is due to some people in china diversifying their assets if they're ever. caught or where if you know somebody discovers what what how they've made their money they need to get away plan and there's some people that have prepared that that's where most of the capital flight issues are coming from her we've got a couple of minutes left i want to cover some topics here you recently compare the
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chinese and u.s. economies but you didn't give is the manipulated g.d.p. numbers but on raw data simply wanted to find and collins yeah find g.d.p. is a you know really have some problems with it it's almost an obsession with a with the american academics. but in reality does anybody really look out the window as they fly over the cities in the united states look at detroit cleveland buffalo and now the empty suburbs near vegas where is the economic growth you know i just don't see it i take a look at the numbers you know the u.s. of the fifteen trillion dollar g.d.p. and china has a seven trillion dollar g.d.p. which means united states roughly you know more than twice as large as china but china makes ten times the amount of steel three times as many vehicles they purchase they consume twice as much beer they export three times as much as many
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high tech exports as the united states does. three times as much cotton five times as much coal other lists go on and on the so the cell phone markets three times as large so i'm just wondering how you know if we get duct print. money in government transfer payments what would the g.d.p. of the united states really be you know i think that's really a bubble that nobody sees is there the american g.d.p. is a complete fabrication and i'd also highlight the manufacturing numbers you know many people including academics high level policymakers united states will tell you well we don't need to worry united states is still the largest manufacturing economy you know the federal reserve has admitted they don't break up the value add in those numbers so you know you know this is nine million people working in manufacturing i can drive within an hour of where i'm sitting right now if i nine million people working in manufacturing there is no way the united states has a larger manufacturing economy than china yet we still live by these allusions on
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our numbers but no nobody pretends that america as a manufacturing economy or g.d.p. tied to manufacturing is tied not to making stuff but the blowing stuff up the military industrial complex is a huge part of the g.d.p. and debt which fuels the military industrial complex is huge part of the g.d.p. every to shock and awe was a huge g.d.p. booster in america right now we only got a minute left intellectual property you know china makes all the stuff but you know apple computer gets all the ip glory when it's time to going to do their own ip yeah this is the thing china struggles with they know that there. will have to see if they really can turn around i think you know japan got a rare ten fifteen years ago for not having any innovation i think that was largely overblown japanese companies learn to create their own ip korean companies learn to create their own ip i think china is on its way i mean at first when you're
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developing an economy you're focused on import substitution and being able to make your own products just based off what's already out there i think now you see a lot of vehicle market you see the major car makers the general motors and. or are doing a lot of there are indeed electrical vehicle manufacturing or d.s.p. going to be done in china or other tailor making the cars for china that will then go all over the world so i think chinese companies are behind the ip they know there and we'll have to see that develop over you know that's really a soft skill and i think we'll continue to see it built over the next decade yeah they're going to be forever behind the curve unless they relax censorship because you've got to be able to say some crazy stuff to come up with some crazy ideas that get patented that drive ip that's all the time we have daniel collins thanks so much for being on the kaiser report thanks very much max and that's going to do it for this edition of the kaiser report with me max kaiser and stacy herbert i'm with my guest daniel collins over there in shanghai and going to send an email please do
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so at kaiser reported r t t v dot ru until next time x. guys are saying bye off. and running again.
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russia's foreign minister warns of chaos in international relations as he criticizes the new resolution on syria promising a security council veto i don't vote later on saturday. tens of thousands of brave moscow's bitter subzero cold to ensure their views on russia's politics are heard. we see people out on the streets demanding free elections in support of the code russian government join me for more than a few moments. europeans demanding a free internet as people flood the streets in protest against an anti-piracy act
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being signed across the continent. six pm in moscow i met a good to have you with us here on r t our top story moscow says it will veto the latest u.n. resolution on syria if the text is submitted in its current form russia says the document still needs to be revised let's get the latest on this remark he's a marine important joining us live from new york. so marina moscow has made its position clear but the u.n. security council is still set to vote on the resolution today tell us more that's right moscow has made its position crystal clear the security council of the united nations is expected to be gathering together shortly in new york this is not common
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for the security council to be working on a saturday but this is because the draft resolution on syria has been called to a vote for a vote now as you mentioned that moscow has said that it will veto the u.n. resolution on syria if the text is brought to a vote as it is being brought today in its current form. moscow says that while the drop has been softened at the request of russia drops explicit demands for regime change and an arms embargo the giraffe's still contains attacks according to moscow that could be interpreted as an open door for intervention for example it doesn't specifically call on syrian president bashar al assad to step down but it does have specific wording that endorses the arab league's plan that calls for him to eye to relinquish his power now another example is that the draft says security council quote decides to review implementation of this resolution within twenty one days
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and in the event of noncompliance can consider further measures nobody knows what those further measures would be now russian russia's foreign minister sergei lavrov has said that meddling in inferior conflicts of sovereign countries can create chaos in a global relations mr lavrov also said that the resolution the draft resolution that has been brought to a vote today makes too few to mans of armed groups and be judged as the outcome of our national dialogue a mine among political forces in syria we did get to hear from mr lavrov and here's a little bit more of what he had to say regarding the draft text of. the truce. going to the issue of the government is completely. the mission of the groups for the institution of. the state institutions. and the government to see the police to do months what it is to do no demur and so that is through the lobby groups
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except the one of us about the humans the government the much more specific. now russia's prime minister will visit can ask for talks with president assad on tuesday now it comes amid reports from staring out of a new crackdown in the city of homs with hundreds allegedly killed damascus claims that the killings were carried out by terrorist groups seeking to influence the u.n. decision a decision that we will be following monitoring and reporting on in the hours to calm absolutely our teams were important ally for us with that update from new york thank you. well the security council meeting comes amid reports from syria of a new crackdown in the city of homs with hundreds reportedly killed the mask is claims the killings were carried out by terrorists seeking to influence the u.n. vote as marina mentioned r.t. sarah furthur who just returned from the country as the latest. with regards to the situation in homes at the moment it's very hard to get
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a gauge on the accuracy of the figure is certainly a really high priority to try and get some kind of accurate information coming out from that because you know that does play a big part in how the international community going to respond to the situation certainly in the country the situation is that these people you've got an increasingly polarized country you've got a situation that just seems to be escalating all the time and these armed conflicts breaking out in areas with civilian populations and speaking to people and saying i can't believe that we were watching this play out on the international stage right now they're watching that u.n. security council resolution going through being discussed and then there are people on the ground having to live. so i mean it's absolutely pivotal that i think some sort of decision is made of fairly soon of course they want to get this draft resolution right but time isn't on the side for these people in the country you know they're in a desperate situation right now you know they don't have any real towards
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resolution of any kind on the ground so you know whilst this resolution is being discussed in the security council action is needed there in the country. tens of thousands of gathered in moscow saturday for a day of protests the largest seen in the capital so far one group is demanding fair or lections others ready to support the current leadership our correspondent peter over was at but. well saturday was a day of demonstrations here in the russian capital we saw a march and a rally by opposition supporters a large group of them meeting in the center of the city and marching here to block my a square which bloodline has really become the central focus point for opposition protesters here in moscow this is the second time that opposition protesters have taken to pull off my a square far fewer that this time than last but of course the the weather a big deciding factor cripplingly mo temperatures here in the russian capital in fact the organizers of the protest here shortened the events that were going to be
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happening just to make it more comfortable for people who would come out in the cold minus twenty times on saturday here in moscow. so they came out to to voice their opinions here but if you work there still i can hear because i'm tired of the government which doesn't do it promises nice and wants this to carry on for you if they have to. change their elections and i want to hear it was because you might go on to japan here and. now talk about some of those groups that we've seen come here they really come from all across the russian solicit straw answer we've seen far right groups far left groups and everybody in between. all coming out coming here to the last night square to demonstrate we didn't hear what we put on the the presidential candidate the independent
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presidential candidate he's drawing a lot of support from some of the groups that have come here to protest he said he would attend but he wouldn't give a speech this wasn't the only demonstration there was taking place on saturday there's also being gatherings of people who are in favor of the government pro-government supporters. who will be in come paining saying that they want a revolution in russia using the example of the orange revolution in ukraine in the chaos which which it is that country found itself in after the us saying that they don't need not in russia they want the stability and not the revolution saying that russia had had its times of instability and they didn't go into to the dog days old the ninety's now the good news for everybody concerned is just how peacefully everything is being carried off on saturday but the opposition and the pro-government protests going on relative you with. one of the putin
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rallies we did see the leader of that rally taken into custody by police now this is because it was a sanctioned dryly and it was sanctioned to have a certain amount of people the amount of people it to the floor exceeded the lot of police and sees they did say it's a protest is must remain within the law and they did do that today everything going on very peacefully is suffer day becomes the day of demonstrations so artie's peter all over reporting on a day of political rallies in the russian capital well stay with us here on r.t. still to come in the program religion as a testing ground we take a look at how a new forms of islam could change the face of a nation and lead to serious consequences plus. plastic partners dolls and even robots compete with real women to unlock the hearts of some lonely men searching for a law. but before we get to that protests are raging across egypt have left at
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least eleven people dead as police fired volleys of tear gas and birdshot into crowds who threw rocks and reply more than a thousand people reported injured clashes continue our around the interior ministry with several government buildings reportedly set on fire people are venting their anger at police for failing to prevent wednesday's football violence in port saïd which killed seventy four people demonstrators are demanding the millet. council stepped out using they're also hijacking the revolution middle east analyst says egyptians are furious that many of the ousted president mubarak's generals are still running the country. the main recipient of criticism now in egypt is the military council because it really have on powers and they are demanding that those bounds we will be transferred quickly either to a government or two and that the president and the military council is still very hesitant and i link this to something that happened couple weeks ago when the military council ordered the security forces to go and shut down democracy agencies
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both and gyptian n.g.o.s and international n.g.o.s u.s. based n.g.o.s all of that indicates that the military council is very has been and transferring power to democracy of course if they want to cut the deal with a force which most likely will be in the muslim brotherhood there is something very odd about the fact that egypt broke down and we're going to carry on a meter and yet some of its agencies are acting as if you are again if you missed in iraq what is happening right now is that large segments of civil society specifically the youth of egypt who began to rule fall and that revolt was taken away by other political parties including the muslim brotherhood in the south as those youth are angry at the government because they want the military council to transfer power to them or actually to their representatives and they fear that egypt is moving towards another other there and regime. dot com is the place to go to find other opinions and updates on latest development in egypt and around the world here's what's a click away right now april may or june that's when israel could launch an attack
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on iran's nuclear sites at least that's what they seem to think in washington but. rush over the moon as it unveils its space ambitions this and other stories all of elbel online at r.t. dot com. is. the official. from the top story. on the. video on demand.
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and. now in the palm of your. home campaigners for online freedom are taking to the streets of europe protesting against a new copyright treaty signed by governments across the continent but anti-counterfeiting trade agreement or act oh won't come into force until it's been a ratified by the european parliament that's what activists are trying to prevent saying the new law could endanger free speech and net privacy protest in stockholm now underway artie's tom barton is there. this is the frontline in the most modern of political battles that you know but internet freedom has these crowds can. you imagine all of the private parties that have sprung up all over europe and beyond what they can to protest today against the anti counterfeiting trade
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agreement all revolves around them tomorrow symbols that are trying to be pushed through in many countries these we say it's not. it's not simply the internet and you heard earlier from you on good sides of the argument about how digital t.v.'s are handled this issue for you if you say well everything should be free well perhaps no one will write any books or produce music or films etc or in a way that's not. us because it's not often. the next generation has grown up with the ability to say anything to anybody else on the planet to that idea that lit out for themselves to have a freedom of speech never before imagined we don't need to ask anybody's commission to present new ideas and come up all of a sudden corporations want to take that away because it inconveniences them and
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millions of young people are rising up in anger to lissac sex and the growth of the fire of policy here in sweden and then elsewhere around the world is evidence of how you find the status of incentives for you to become famous your past you should have even though you're signing i have only actually agreement a few days ago shooting more intense protests now taking home today we'll show you how many times some language the protesters in poland but the government there has . to bring that out it may be completely the feel good thing on the phone they can legislation that something they want the same thing. absolutely the kind of a don't want to. think you don't find something sneaky incident freedom coming to. you close. it's been a clash of cultures in kyrgyzstan where the moderate indigenous practice of islam is being threatened by more radical alternatives there are fears that the effect on
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everyday life in the central asian republic a land prone to instability after two revolutions the last few years archy's oxana boyko hasn't. kneeling down but standing tall tens of thousands of cougars men praying at the country's central square just underneath the lenin monument even in this bastard years the communist ideology couldn't bring to the street as many people as islam does nowadays. the fist of sacrifice is one of the most important rights for all muslims you need to pray or chant mosque in almost theological and lifestyle differences that exist among the various branches of this one here in kurdistan the perhaps they could country has become a testing ground for islamic missionaries of all minds who have been lost in common with each other than they do a great chance for jews british people converted to islam in the seventeenth
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century but they were never designed us about it mixed with germany's and the magic customs the good news version of islam has long been more of the moral code then the religious doctrine is how cheap a society will women are just as active and ambitious as men and when religiosity went hand in hand with good education but that is starting to change as well as some of the collapse of the soviet union kurdistan has seen a very fast growth of islamic some of it is the message driven poverty poor education corruption mistrust of authorities all of that is putting people towards religion but much of it is also driven from abroad countries like pakistan your saudi arabia kuwait a very generous when it comes to building mosques here. islam is on the rise across all of central asia but only in kurdistan have there the rich is adopted an open door policy hardly.

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