Keep thinking that about China. But make sure your grandkids learn Mandarin.
In about two generations we will be the exhausted Britain paying tribute to a triumphant China. China does not have to do a thing against us; we are surrendering voluntarily.
With the exception of the United States in the 20th century and England in the nineteenth, it has been the despots and tyrannies that have ruled the world, not the democracies.
And even Britain was not a very good democracy.
You sound like Thomas Friedman.
China will never rise to our level, half their economy is state run. The fundamentals of their economy are horrendous, as on would expect from a centrally directed economy. You can only fake this stuff for so long, as Citi, AIG, and all those folks learned not too long ago. China is headed for a bust of epic proportions. The brilliant technocrats have to balance state enterprises which rely on low (read negative) interest rates, and the real estase market, which is overheating to the tune of Las Vegas in 2006-— times 4. US real estate peaked at an average home price of 6.4 times annual earnings. In China today, it’s 22 times. Bubble anyone?
The fact of the matter is, if you accept that a bunch of officials can run a country better, you should probably vote Obama in 2012. If you hate Obamacare and all that jazz, then you should realize that China is not a true threat. The only threat to our way of life, well, I can point you to a guy that lives is a big white colored house who’s trying to turn our country into Britain. And China has less than zero to do with that.
With all that gobbledygook said, I have no love lost for the red chinese, I’m just willing to give them pieces of paper for tangible goods until their economy collapses.I just wish they sold good quality rope, like the Soviets did.