Apparently the author doesn't get out much. Note the U.S. Dollar Erosion against Euros despite central bank interventions to staunch the dollar decline...
So just what do you suppose this Quisling thinks is the "next phase of economic evolution"?
Ultimately, it looks pretty bad since China will be able to simply cut out the U.S. "middlemen" and won't even bother to say..."Thanks, Suckers!"
Inevitably under defense-heedless laissez-faire trade...and China's not-so-benign stewardship... they will then hold all of the means of production. Already half-nationalized. Still communist. Still hostile to the U.S. and freedom, not just political, religious, but economic...with their vassals highly policed and kept poor.
And a military which will dwarf ours, not just materially...but eventually technologically.
In WWI and WW-II and throughout the Cold War...the U.S. was the Arsenal of Democracy. Now, with all our production being shifted to China, it will become the The Arsenal of Tyranny.
It is a pretty simple, brazen plan they have come up with. Assuming they can keep their populace in line...which they are doing quite well so far...without a peep out of their Western "Trade" accomplices.
Let me point to one such Quisling in an typical MSM liberal-slant pimping for China:
China is our No. 1 rival as well as our No. 1 opportunityNote how the author seems not to recall that the major promises of "free trade" with China was that they would buy our cars, planes, ships, steel, etc. Instead, they want ALL of the marbles of production. And this cretin doesn't seem to recognize that the promises of trade...are being jerked away one by one...just like in Peanuts, rascally Lucy van Pelt jerking away the Football...
St. Louis Post-Dispatch 03/25/2007
Author: David NicklausIf the last 100 years were the American Century, we now may be living in the Chinese sequel. At the very least, this will be a century when Americans pay a disproportionate amount of attention to the emerging Asian giant.
Geoffrey Garrett, the president of the Pacific Council on International Policy, is working on a book tentatively titled "What China Means for America." It means a lot, he made clear Friday in a speech at Washington University.
Americans view China, he said, as a mix of economic threat, potential military rival and economic opportunity. Politicians tend to emphasize the threat and are beginning to worry about the rivalry, while businesspeople focus on the opportunity.
Because of those divergent views, Garrett says, we should expect the amount of China-bashing in the U.S. to increase. He also expects foreign-investment controversies, like the ruckus in 2005 over a Chinese oil company's bid for Unocal, to become increasingly common on both sides of the Pacific.
Garrett, also a professor of international relations at the University of Southern California, makes the rise in the U.S. trade deficit with China seem inexorable. Even if China keeps marking up its currency against the dollar -- something that critics want it to do more rapidly -- its manufacturers will remain competitive because they're becoming more efficient.
The rise of a consumer culture in China won't solve the problem either. "Chinese domestic demand is growing, but it's increasingly clear that to sell in China, you've got to be in China," Garrett says.
General Motors, for example, is the most successful foreign automaker in China. But sales of Chinese-made Buicks aren't solving the overcapacity problem at the company's U.S. factories.
Boeing, the classic American export success story, eventually may have to build planes in China, too. Its chief rival, Airbus, already plans to do so, and China announced last week that it wants to design and build its own large passenger plane.
"For Boeing in the future, if they want to stay competitive in the marketplace, they're going to have to play ball with the Chinese government, which means facilities on the Chinese mainland and moving some of the value-added out of the United States," Garrett said.
Not that China will necessarily make it easy for anyone to invest. "The issue of foreign direct investment is complicated by the fact that both the U.S. government and the Chinese government are engaging in a retaliatory regulatory spiral," Garrett said. We prevented the Chinese oil company Cnooc from buying Unocal, so the Chinese made it difficult for Citigroup to buy a stake in a failing Chinese bank, a transaction that took 18 months to conclude.
Meanwhile, American business leaders seem powerless to stem the growing protectionist sentiment in this country, perhaps because they aren't very eloquent about the benefits of globalization. "Where are the jobs of the 21st century?"
Garrett asked rhetorically. "Economists answer smugly that we don't know, but we know they'll be there. That doesn't work in politics."
What does work in politics is an us-against-them mentality. But that's not as simple as it once was. During the Cold War, the Soviet Union was our clear enemy, and our No. 1 economic strategy was closer integration with Western Europe.
Now, Garrett notes, China is both our biggest potential rival and our biggest economic opportunity. That is a combination that doesn't lend itself to simple answers.
But unlike Charlie Brown, who at least screams "Aaaaaaaghhhh!" ... the Importers never protest...Showing us that they aren't really champions of Western manufacturing... they have sold out, to the Communist Party...and for cheap.
Notice how it is never really a question to this author that perhaps the trade is not free, and is not long-term beneficial, as the public now has overwhelmingly grasped. Instead, the Public is berated herein. Somehow, these Quislings "know better" what's "Best" for the public.
How long before the nominally "Western" U.S. headquarters are relocated to Beijing, just as Halliburton is moving to Dubai? Even Dick Morris, a longtime money-grubbing sycophant of the special interest cabals, thought the latter stunt reeked to high heavan. [Being primarily a pollster-driven pundit, it likely popped up as such an order of magnitude political revulsion...he must have felt no choice but to side with the populace.]
So how much longer will it be? CEOs Worshiping at the foot of their God Mammon...they obviously would all save a pile of loot paying the HQ-help only 27 cents an hour... What's keeping them?