Wednesday, November 12, 2014

Duelling Free Trade Deals: China v USA

China will make a better offer to the world because their overhead is lower:
 In response, China has been pushing for the creation of its own rival pact, the Free Trade Area of the Asia-Pacific. Speaking at the APEC CEO Summit, China’s President Xi Jinping said his country will invest $1.25 trillion abroad over the next 10 years, and import more than $10 trillion in goods in the next five years. “As its overall national strength grows, China will be both capable and willing to provide more public goods for the Asia-Pacific and the world, especially new initiatives and visions for enhancing regional cooperation,” Xi said, according to a report byXinhua.
Nixon played China against Russia, and now Putin is playing China against the USA, and China says plainly they can win this game.

China once new a different USA, one that took the indemnities foisted on Imperial China by the European Imperialists, and invested those funds in Chinese Universities.  We were once respectable.  Now we are merely tradable.  No one likes what we do much, but there is money to be made off us.

We need to bring the troops home, and return to a market economy.

Feel free to forward this by email to three of your friends.


0 comments: