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
To: dr_who
You don’t read the papers. Our economy HAS stopped growing and it’s due to “free trade” and institutionalized “trade favoritism” under global trading rules to communist countries like China and their slave labor.
To: dr_who
Are you George Soros? You sound like a nut.
Soros is a nut. Globaloney is his baby. You're carrying water for him. Bravo.
In capitalism, as anything else, you're either the lead dog, or the view sucks. If you think US nationalists are a buzzkill, I sincerely doubt you'll be happy when the ChiComs are holding the cards. Platitudes and academic arguments don't mean jack to the Chinese. They play to win.
17 posted on
05/16/2009 10:06:13 PM PDT by
CowboyJay
(/rant)
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