Quote: The majority of the people on this earth were living in a third world status for many years.
The bottom line is that they are not going to put up with it anymore.
We are going to have to share the wealth and the resources with them or we are going to have to kill them all.
I don't have a problem with buying from African countries or other 3rd world ones. I hope they do prosper because it makes the world more stabile.
The problem I have is china has increased their military budget by 1000% in 12 years. That comes to 13% per year. We in contrast have spent on average 4.8% and that includes the war on terror.
China's war games are all planned about fighting the US in various scenarios (Taiwan, Oil embargo or shortage, Natutal resource shortages etc.)
If they are are so called friend why is this happening??
So is China gonna bomb and try and destroy their best customer?
BTW, if they tried, there would be no more China as we know it today.
A generation ago it was Japan selling cheap goods into our country, they also stepped up their navy, though not as much.
China is a large country and it will have a say in world affairs. However, they will soon get undercut by the Koreans and others, and let's not forget about India.
I share your feelings about China arming to the teeth. My only consolation is that much of the technology they are buying is probably obsolete against us. That and the fact that they are spending the money they are getting from us and therefore helping the world economy lift itself up.
Actually, a 1000% increase over 12 years is a 22% annual increase.