"They have little choice but to forge a new world order together"
In-yo-face, huh, Amurka?!!!!
"Powers that need each other
.... After the Wall Street bailout, wags in Beijing joked that the United States is evolving toward socialism with American characteristics.
It's no joke; the AMERICAN TYRANNY being foisted on us is NO JOKE!!!
FASCISM is NOT FUNNY!
If there is a saving grace in the economic crisis currently battering both economies, it may come from the same economic interdependence that worries people in both countries.
These lying globalists are sick, folks. Of course, the editorial is from an agenda-pushing globalist scitte sheet that said a depression would be a good idea; being poor is your fault; the financial crisis is the fault of American consumer; Boston business benefits from financial failings; financial failures are a good thing; that endless work and insecurity are a good thing; that these are the best of times; that this bear market is just like any other; that hunger is good business; has already told us what the Grand Depression of 2009 will look like; and thinks nuclear war is a good idea.
See you at the shit pit in the labor camp, Amurka!
Having for too long lived beyond their means, Americans have become heavily reliant on China to finance the US national debt.
All with the encouragement of the agenda-pushing globalists like the Globe here. That's what the OUTSOURCING of MANUFACTURING was all about!
China's dollar holdings are close to $2 trillion. As China seeks to stimulate its own economy, it will inevitably need to spend more at home, save less, and park less of its foreign reserves in US Treasuries. Such a change of direction could harm the US economy badly, forcing an increase in interest rates at the worst possible time.
But China would be hurting itself financially if it withdrew too much of its money too fast from US holdings. The value of its remaining dollar investments would plunge, and so would US demand for Chinese products. So the need for cooperation is mutual.
Americans need to emulate the Chinese by saving more and producing useful goods instead of phantasmagorical financial derivatives.
Now is that a MSM INSULT or what?
Of course, they did admit the U.S. economic system is now a piece of shit!
For their part, the Chinese need to save less and sell more into their domestic market. The two powers will continue to have differences. But they depend so much on each other that they have little choice but to forge a new world order together.
Which means ABSOLUTELY, 100%, NO WAR with CHINA, right, Zionist war-promoters and agenda-pushers!?
--more--"
