Now China is going to own the world
It seems that not one day goes by that we are not reminded of our gargantuan debt to China. We know for a fact that millions of manufacturing jobs in the United States have gone to China because of Deng’s initiative to provide world-wide corporations with cheap labor; thus the cost of labor no longer is a factor for the wealthy corporations…it was a concerted effort by Deng; a backhanded sabotage, if you will, that Deng carried out by forming an alliance with the very capitalists that suppress and exploit workers…it had its effects and it has worked…to the point that the FREE ENTERPRISE SYSTEM is in peril because China has so many I.O.Us from Western nations.
“Deng and the leaders who followed him rightly judged that we would overlook any abuses for money. That we would not severe relationships no matter how radical their actions. That we would mouth platitudes about the connection between capitalism and democracy, long after we were fully aware that no such relationship existed.
And in punching a hole in the bottom of the western moneybag, he showed how China could scoop up the falling dollar and use it to purchase the world.”*
If you ask me, I think the Chinese are very clever; they not only can retain their central government, with the repressive and tyrannical characteristics but have chosen to do away with ideology in favor of pragmatism and common sense…It is working.
By exploiting the inherent trademark of capitalism – GREED – The Chinese have successfully coerced the free enterprise system to commit mass suicide. It is sad however, that there are among the supporters of the corporations and the wealthy those who are ignoring this trend and are working towards a decimation of the middle class and the devaluation of labor. Their lot is doomed because they may enjoy this temporary prosperity while and only as long as the Chinese don’t call in the debt. Then you are going to see all these super wealthy individuals and powerful corporations crumbling and being confiscated by surrogates of the Chinese.
I say: ENJOY IT WHILE IT LASTS ASSHOLES, BECAUSE JUST AS WE ARE BECOMING POORER SO WILL YOU , EVEN IF REPUBLICANS KEEP GIVING YOU TAX BREAKS AT THE EXPENSE OF THE MAJORITY.
By Mark Sumner
