China did not compel our banks to loan money to people who could not repay it, nor did China compel the conversion of subprime paper into investments that were then sold around the world.
You originally asked what China has to do with the problems the writer identified. I simply pointed out that the writer's logic was false for blaming his failure on the Democrats. I'm not singularly blaming China for our problems nor am I absolving them nor am I turning a blind eye to those "Americans" who have profitted by selling out their country whether it be by driving up the cost of gas to $4.00/gal or by pulling up their stakes in America and setting up shop in China where they can take advantage of communist slave labor policies. there's plenty of blame to go around. The bottom line is, the author of this article is very very wrong.
For the record, the business did not fail. The owner removed himself from the business before as a strategic move to ride out the Obama administration. As for fuel being the first domino, this theory comes from the understanding of the economy the buisness owner has due to the nature of his business and his clients.
I know. I am he.
What you seem not to understand, comrade, is that "capitalist speculation in the energy markets" would not have mattered a whit if American energy producers were able to produce energy at their real capacity.