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re: Memo to the globalist/corporatists who are freaked out over potential trade war with China
Posted on 4/7/18 at 7:41 am to mmmmmbeeer
Posted on 4/7/18 at 7:41 am to mmmmmbeeer
quote:
long term, China becomes a westernized nation. A communist government cannot and will not survive a wealthier and gentrified populace. I think they're still a good way off from this revolution (which will be peaceful as the old guard starts dying off), but it's going to happen. They've built a whole lot of their wealth off of cheap labor which, as quality of life and expectations increase, will slowly begin to move to other countries. Hell, we've seen it happen here.
Does that mean China and US will be besties? Probably not. But I can certainly see us as allies in the future. Neither China, nor the US, benefits from the other being economically weaker. We rely upon one another and will continue to do so for the foreseeable future.
I agree with you here but don't follow your conclusion that we shouldn't rectify the issue of China restricting their markets and theft of IP. If we don't threaten something painful, they simply won't address these issues.
0
Posted on 4/7/18 at 7:49 am to Bass Tiger
The same people crying about Trump doing something to create a trade war with China are the same people who’s been crying about China not reciprocating fair trade for the last 3 decades. We’ve been having a trade war with China except we weren’t fighting and China was fighting with the help of establishment globalist.
Posted on 4/7/18 at 7:51 am to buckeye_vol
quote:
quote: What the hell are you sky screaming about? Look at your chicken little BS in the OP if you want to see sky screaming. quote: I always thought if the US was going to have a relationship with a communist country Cuba was the logical choice not China! O I didn't realize there was a one country limit. quote: My statement about not being able to buy a Cuban cigar was to illustrate the irony of the US taking Red China to world economic superpower while at the same time still keeping Cuba at arm's length Well I think the Cuba policy was stupid. It's also stupid to think that China became a superpower solely because of the US or that we didn't/don't benefit from the relationship.
That's a lot of BS you took the time to formulate. The gist of the OP is the idea that the US government and corporate America thought we were really doing ourselves a huge favor long term by assisting China's rise to a world superpower........, it did not take a person with a PHD in economics to understand the eventual outcome. Fact is the powers that be didn't care what the economic horizon would bring because most of these Globalists/corporatist were only concerned with the short term financial gain.
It's always dollar signs people.
Posted on 4/7/18 at 7:53 am to Antonio Moss
quote:
Antonio Moss
Looks like you are going to be here for a while.
Posted on 4/7/18 at 7:54 am to GREENHEAD22
quote:
Memo to the globalist/corporatists who are freaked out over potential trade war with China Actually China was very isolated and behind the times until Nixon visited and opened the country up. We have allowed this to happen.
Yes, and it went into overdrive under Slick!
Posted on 4/7/18 at 8:03 am to mmmmmbeeer
quote:
A communist government cannot and will not survive a wealthier and gentrified populace
Don't want to sound like a dick, but do you know what happened during the cultural revolution?
Posted on 4/7/18 at 8:14 am to buckeye_vol
quote:
quote: The Chinese hold more US debt than any other country It's a small portion of our debt, and they've actually decreased their amount quite a bit over the last couple years too.
Foreign owned US debt last I checked was over 6 trillion, foriegn governments held approximately 4 trillion, China held over 1 trillion of that 4 trillion so it's not a small percentage of the total foreign owned US debt. I guess a trillion is quickly become chump change in a world run by a quasi Global Banking fiat currency system.
Currently the US/China trade imbalance is approximately 500 billion annually.
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