http://www.telegraph.co.uk/news/wor...anise-says-China-following-default-fears.html Indeed, but I would add that this decision should not be considered the sole consequence of the current US problem. But that of what we know from the last 10-12 years. Domestic homicide problems - the glorification of gun culture and violence A lack of financial market legislation and oversight Quick buck mentality, over long term investment A domestic me me me mentality, leaving the working and middle classes to waste Wars, wars wars Extraordinary rendition Gitmo Torture Political corruption A political moral absence And more and more Off the scale political partisanship Is this a country that the rest of the world wants to be "world leader"? Is this a country trustworthy to have global hegemony? Is this a country politically and financially stable enough to own the world reserve currency? It starts to look more and more that the USA has lost its way to such a degree that the rest of the world would be stupid to follow, either financially, legally, politically or socially. Which is odd, as there was a very recent time, in which the rerst of the world stood in awe of the USA. Where did it all go so terribly wrong? When did it become so horribly morally bankrupt?
Aha it looks like the Chinese fascists will do whatever they can to secure their money , no word about class or inequality just that the US isn't going to pay them . Same feces different anus .
I'd say that it started after ww2 with the rise of the military/industrial complex and then grew worse with Nixon and finally Reagan and his cultural polarization and voodoo economics and the rise of the right-wing movement sealed America's fate. We are definitely on the way down, regardless of the fortunes of other countries, it is largely by our own doing. Just too many intolerant, bigoted, lazy, selfish people who refuse to see themselves as one country.
The notion that money is king; that anything can bought, everything has its price... even a persons morals, has greatly influenced the fall.
Regarding neo/paleo conservatism: I hear a lot of moral entrepreneurs say, "If you don't like my ways, leave the USA." This always comes from a small group of people who think that they represent real American values. Ironically, they are the ones who are destroying America by making it so polarized.
No doubt. The irony of China accusing the US of hypocricy, did not escape me. However, the Chinese did suggest the idea of an independent global monetary reserve a while back.
They own a huge amount of your debt. They are the worlds manufacturing centre. They are 1+Bn people. They will overtake the USA in terms of hegemony at some stage. Your arrogance is part and parcel as to why the USA is falling.
Example: Bachmann and her "I'm a christian, I'm a christian, I'm a christian" speech, where she said that Obama had brought the world to the biblical "end of days". She doesn't believe this, she just knows that there's a massive section of society who are stupid enough to believe her, and she'll gain some kind of support for it. It's the year 2013 and the US still has far too much religious stupid in the country. These people are easy to manipulate for political and personal gain.
It's a bit OT but I heard that speech and the whole time I kept wondering if she even knew the books that contained those references, let alone anything about the Great Tribulation or the Olivet discourse. She's a complete charlatan who never really knows anything about what she's talking about -- whether it's the Bible, the Constitution or anything else. It's her and her followers who are aggressively pushing their agenda and catering to a niche of Bible thumpers with inflammatory, hateful rhetoric. It gets her votes from that angry group, but never quite enough. Thankfully, Americans are waking up and realizing how destructive this group is.
simply, screw China, It is one of the worst offenders of human rights than any other industrialized country. Their Human Rights violations are horrific. Where else could Nike get their shoes made for pennies on the dollar, made by people in prison, put there for the sole purpose of "manufacturing" exported goods?
I hope so. It's crazy to think that such a small number of self-interested individuals can have such a negative impact to a country. But the religion isn't going to leave the US, which means that this easy to pursuade sector of the US will be sat there, waiting for the next convincing person to come along and sell them some more snake oil. The world cannot be so reliant upon a country like this. Politically unstable, vested interests, curruption etc...
A policy supported by the US Right for a very very long time. And BTW, I as a European could make a similar statement about the USA: The USA: It is one of the worst offenders of human rights than any other industrialized country. Their Human Rights violations are horrific. Where else could private business profit for the incarceration of 0.1% of the population? Where else in the Western world is the death penalty still in use, so frequently applied and by methods so painful to the recipient?
Ah yes another I hate America thread/post from you... Frankly i dont give a damn what Chinese leaders think i am i willing to wager most Americans dont. They treat their people like (*)(*)(*)(*) and he wants to comment about America? Please. Oh i know we should have the great Brits have the reserve currency... Oh wait they had it before.....
Why don't to discuss the OP? The Chinese have a very valid point. The USA's ability to borrow vast amounts of money (much from China), comes from the Fiat monetary system ("truth me I'm good for it"). The USA is to China, what Greece is to Germany, only the current political games being played out in the USA will impact the world. We all get an opinion in that, we all get our say so, as this is not a US domestic matter.
I did discuss the OP thanks you didnt like the reply. Pointing out the agenda of a poster is taking a post in context and discussing it in that manner. We are 17 trillion in debt. China owns a little over 1 trillion of that that is hardly "most". The whole bloody world is in a "Fiat" currency led by the central banks.
And I'm saying that hegemony is the global inifluence of: Finances Culture Military Media And these are pretty bad in the USA. You have no oversight on your banking and ruined the worlds economy because of it. Your culture of guns and violence is affecting the rest of the world, via your media. Your military is not complying with either UN resolutions or the treaties on human rights. Your political system is morally bankrupt and in the pocket of big business. These are not the characteristics of a global leader. To be in that position, you should be respected and admired, a beacon of light and example. The America of the past fit that bill, but today, not so. And you have the US Right to thank for that.
And naturally you have nothing made in China in your home...I mean, how could you possibly have, in the knowledge that by buy buying that T-shirt you're financing human rights abuses?
Ah since he isnt saying "screw China" then their history of Abuse doesnt exist? Interesting.... You would be hard pressed to find a place that most of the items in a household were not made in China... Perhaps you could become Amish...
Well Europe wouldn't deal with a country which imprisons 0.1% of their population and frequently uses the death penalty, if this was the case.
