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To: Robert A. Cook, PE

Wealth and power, not opposite ends of a spectrum; if the Chicoms can reduce our wealth by forfeiting some of their wealth based upon our wealth, they gain leverage power with what they have remaining in holding our debt. Thier power goes up markedly while we struggle to remain solvent as they hold the blade over our collective necks.


91 posted on 02/16/2009 7:55:51 PM PST by MHGinTN (Believing they cannot be deceived, they cannot be convinced when they are deceived.)
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To: MHGinTN; neverdem
Regrettably, American/Western businesses can't see past the next quarter's profit-at-cost numbers, while the Chinese culture anticipates the next 100 year's rate-of-return.

American politicians - of course - can only see to the next poll and the next election.

(Then again, the Chinese were the ones that sent a fleet to India, returned to China with trade goods and information and maps, got turned down by the conservative bureaucrats in China, and never went back.)

94 posted on 02/16/2009 8:19:08 PM PST by Robert A Cook PE (I can only donate monthly, but socialists' ABBCNNBCBS continue to lie every day!)
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