USA economy is based on thin air!

Paul Craig Roberts : China is more capitalist than US .China doesn't have communism. It is a mixed economy. China's is more capitalistic than the west.China has better property rights and higher savings rates among the populace than Americans do... they are not communist they made free-market reforms some years ago (mostly thanks to Deng Xiopang) and have been growing economically ever since. Chinese citizens save and much of it is invested in capital equipment. That's the starting point for capitalism and wealth creation. The U.S. doesn't have a free market economy. It has a mixed economy. In many ways China is more hospitable to business and capital than the U.S. Don't confuse the Communist Party being in power with communism being practiced in China. It's not.The reason Americans are poor is the United States of America is really a Fascist Totalitarian State. Obama should be more respectful to America's new owners,? the Chinese.