I don’t usually write about such touchy political issues as this for fear of people being offended, however I feel compelled to talk about the current visit of President Hu Jintao of China to the US. What a picture of US weakness and economic war mongering. Canada is no different as the government here is also hypocritical as it sells debt to China, buys its goods and does business with it enticed by greed, while on the other hand criticizes its political ways and human rights atrocities that wouldn’t be allowed in other circumstances. In my opinion, doing business with China is no different from doing business with Iran or North Korea. The only difference is that China has big money to bring into our economies and makes it OK in the eyes of our governing officials. Give China a slap on the hand for its terrible regime, but smile when it takes out its wallet. It’s just a shame.
The US/Canadian dealings with China is in effect similar to making deals with a criminal group simply for the benefit of monetary gains. However in this situation, the US has no choice but to bow to China because of the 2 trillion dollars in US debt they hold. If China were to force the sale of that debt back to the US, the US would not be able to deliver and the US dollar would surely collapse. That being said, China’s strategic play to buy US debt, keep its currency undervalued for its exports to the US and around the world that want the useless plastic junk they make, and the Chinese hoarding of large reserves of gold and silver bullion is a rather brilliant tactic. It’s a quiet and peaceful war tactic that is working to bring the US to its knees and giving the US no choice but to bow to China regardless of China’s gangster regime. It’s like government bending over and having to do business with the mafia or risk the mafia buying them out and taking over power. China is using capitalism and the monetary system to their advantage in this war for power and control over the global economy. Once the Chinese military is large enough to compete with the US military, which they are working on quite rapidly, there is nothing to stop China from taking over control of the global economy as the US did some decades ago. A shift in power that would be a terrible set back for global peace and stability. Imagine having a regime such as China controlling the world reserve currency and having the military super power? Say goodbye to our way of living in the West and say goodbye to progress in environmental issues.
The US control over the fiat monetary system and the world reserve currency has backfired on them. Complacency, greed and profiteering has brought their guard down and allowed a country like China to slip in under the radar and basically take the over US monetary system through the exact trick they have used on their own citizens in the US, “DEBT”. The US is now officially a debt slave of China.
China’s terrible human rights, no freedom of the press, no rights to assembly, no rights to freedom of speech, forced abortion to enforce the one child law, etc, etc, and their communist rule that is a facade of modern freedom covered up by capitalism and the business world coming out of Beijing. It’s a terrible disgrace that a so-called free society in the US must bow down to a gangster regime that suppresses its people and uses the guise of capitalism to do business with the world, while quietly buying up the US and holding them hostage by their purse strings. I can’t believe that the US has let this happen.
Some may say that the US also suppresses their own people through the monetary system and debt based economics. I agree and it needs to be changed. However, China taking over the world superpower economically and militarily is a huge step back ward in the forming of a free world. It takes many centuries for humans to work their way to prosperity by realizing that this planet has finite resources and we are all a part of its ecosystem. That we must protect this planet for our future if we want to assure a continued spot here. China’s views on human rights and environmental protection would set us back a hundred of years. We don’t have the luxury of time on our side for such a global regime change.
Let’s hope that if China does succeed with their plan of global takeover, that it doesn’t lead to world war. I’ve always said that we have to keep an eye on China or risk world war. Forget Iran or North Korea as the main threats to global peace and security. In my opinion, China is much more of a threat.