The United States of China

America is a debt junkie nation whose fatal addiction is being reluctantly fed by the Chinese capital syndicate…

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2009/07/how_long_will_china_finance_am.html

http://www.bbc.co.uk/blogs/thereporters/robertpeston/

Here is how the international “drug flow” works…USA debt addicts can’t get any more drug on their own, so their drug pusher Uncle Sam procures the drug for them…in turn, Uncle Sam replenishes drug stocks from his source in Beijing, Uncle Wu…Uncle Wu heads the international drug syndicate that collects capital from global sources and repackages it for national markets. Drug trade observers predict a fatal debt overdose for Uncle Sam and his addict clients, as their usage skyrockets.

China’s reserves have topped 2-trillion dollars because China is a nation that is now doing most of the manufacturing. They are also very careful about when and from whom they buy their raw materials. They are not hampered by either decent labour laws or any of the social constructs under which we operate and neither are they constrained by the ideas put forth by the advocates of the “green revolution.” There is no level playing field here folks and there is never going to be one. China behaves like the mercantalists of old and it is in their interests to take and not give. We, as the most debt-ridden of all of its trading partners are especially vulnerable and if we don’t take the appropriate steps we are in for a far worse financial crisis than the one which we are currently experiencing.

Griffith

Related Posts:

• Don’t Steal. The Government hates Competition.
• One wrong move, and the entire thing could come crashing down.
• Morning News - Feb. 26
• Don’t count on the market going down even though our economy is not in recovery, but the crash will be worse when it comes.
• Late-Night News - Feb. 16

Leave a comment