To: dr_who
I’d say it’s very much in our interest not to let China take the mantle as the world’s top economy, wouldn’t you? If we were to say... default on our t-bonds (or monetize them into oblivion) and put up some barriers in the next 5 years or so, it could keep China at bay and keep us off the rocks for quite awhile.
As for the rest of Asia, it’s not so much that I have anything ‘against them’. It’s just a simple fact of life that the higher percentage of the world’s GDP we produce, the better able we are to defend our interests and our way of life.
Have you something against us staying #1 indefinitely?
12 posted on
05/16/2009 9:09:42 PM PDT by
CowboyJay
(/rant)
To: CowboyJay
Id say its very much in our interest not to let China take the mantle as the worlds top economy, wouldnt you?
The assumption you're making is extremely naive. We can't stop China from growing their economy. What we can do is stop our economy from growing, and one way to do that is by engaging in trade wars.
If we were to say... default on our t-bonds (or monetize them into oblivion) and put up some barriers in the next 5 years or so, it could keep China at bay and keep us off the rocks for quite awhile.
Are you George Soros? You sound like a nut.
As for the rest of Asia, its not so much that I have anything against them. Its just a simple fact of life that the higher percentage of the worlds GDP we produce, the better able we are to defend our interests and our way of life.
Capitalism isn't a zero sum game. Somehow keeping other people poor is not going to make us rich.
Have you something against us staying #1 indefinitely?
Certainly not. I just take exception to the people who really think that we can be #1 by shooting ourselves in the foot.
13 posted on
05/16/2009 9:31:39 PM PDT by
dr_who
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