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To: nmh
China wants to INCREASE it's wealth

True

but not through the dollar.

Not necessarily true.

They will invest in what they see as SAFER INVESTMENTS.

True, if any existed... but there are few options, even with PsychObama in charge of our checkbooks.

The U.S. under Obama is less and less appealing to them so they are diversifying.

They were diversified before... just not as much.

It's truly hard to believe that China, a supposedly “communist” country is more capitalistic than we are.

Sad, but not surprising. They don't have to toe the PC line, and they can keep their eyes on the real goals (national strength, increasing energy output, promoting increased exports, increasing the military, etc), without having to pretend to feel guilt about (or, in Obama's case, actually feel guilt if the US dares to increase) its stature in the world/ The Chinese suffer no such delusions. They proudly want to be the best, and over the past 5-10 years, they've gone from refusing to believe that they'd catch the US to knowing, with certainty, that they'll pass us within a generation, without breaking a sweat.

29 posted on 04/24/2009 6:47:18 PM PDT by Teacher317
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To: Teacher317

It’s long been known that China will surpass the U.S..

Heck, when the EU gets its act together they will also surpass the U.S.. The U.S. is on the skids and Obama is speeding that nasty process up. Our enemies are now our lip service “friends”.


31 posted on 04/24/2009 6:52:56 PM PDT by nmh (Intelligent people recognize Intelligent Design (God).)
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