There is no parity or mutual anything here. China is eating our lunch. As a nation we spend more than we earn. Consumption is 70% of our GDP and investment is paltry. We have the world’s largest trade imbalance (mostly because of our vast imports from China).
America has become great because it was a democracy, and had a stable political system, with free market capitalism, endless opportunities, constant immigration influx, large middle class and science worship. Now it has become Socialistic, Feminize, and hypocritical, cold #hole.
That’s why China soon will overthrow it
China, on the other hand, only consumes about 35% of their GDP and saves a tremendous amount of what they earn. They are a net exporter and net lender to us. If we stop buying from them for a while, they have reserves to sit on. If they dump our debt, our interest rates skyrocket and currency falls.
America has become great because it was a democracy, and had a stable political system, with free market capitalism, endless opportunities, constant immigration influx, large middle class and science worship. Now it has become Socialistic, Feminize, and hypocritical, cold #hole.
That’s why China soon will overthrow it. Solution; don’t pay our debt with China?

Fkn war man
so unless 2012 does something, or some american made ufo thing happens...

we're screwed.

absolutely. they have been engineering the slow deterioration of our economy for decades. Then they can bring the jobs back, because we'll all work for what the Mexicans work for now!

you got it america built chinese success
we borrow from the and we buy their junk

everyone knows it war will come of 2012 doesnt destroy us first we are doomed.......we see it but we do nothing about it............

can you imagine if america made its own stuff and bought it? we wouldnt need the chinese...............but the powers that be cant have that.............they want this country subserviant to other people............this is what globalization is all about..............and i cant stand the thought of whats coming...........dark days ahead of chinese imperialism is coming and get ready to be robbed raped and plundered............there is only a finite amount of resources and there will be war over it....................china makes iran look like a chump.

Originally posted by neo96
you got it america built chinese success
we borrow from the and we buy their junk

everyone knows it war will come of 2012 doesnt destroy us first we are doomed.......we see it but we do nothing about it............

can you imagine if america made its own stuff and bought it? we wouldnt need the chinese...............but the powers that be cant have that.............they want this country subserviant to other people............this is what globalization is all about..............and i cant stand the thought of whats coming...........dark days ahead of chinese imperialism is coming and get ready to be robbed raped and plundered............there is only a finite amount of resources and there will be war over it....................china makes iran look like a chump.

edit on 19-10-2010 by neo96 because: (no reason given)

not to go making excuses for those 'powers that be', but last i checked, A LOT of people CHOOSE to buy the cheaper crap from overseas than paying more for something produced here at a reasonable wage.

America could bring the 'jobs' back tomorrow if people were willing to work for pennies on the dollar.

We're well on our way and imo it is because our political machine is "for sale." Corporations have no national loyalties. Truly, the world is their oyster. Our politicians have written legislation over the years that has allowed for the complete dismantling of our production and manufacturing abilities, outsourcing of jobs and unlimited immigration with no penalties for doing so... rewards in fact.

The government has been willing to borrow and borrow to maintain our lifestyles which has trickled down and allowed us to become a nation whose consumer spending is 70% of GDP. Can we continue to borrow so we can continue to be consumers? At what point do we hit the wall? When that happens and we aren't able to contribute to the global economy THEN we will be completely a 2nd class country. At that point these corporations that ARE global won't have much if any incentive to stay, they have customers elsewhere.

Right now, despite our economic malaise, we still have the better country. Our environment is not polluted and most people in the western world have a better lifestyle than in China in so many ways. Question is, how do we keep it that way?

If we continue down our current path and have to entice manufacturing back home what sacrifices will we have to or be willing to make? Let our rivers and aiir become polluted (again)? Work for... I was going to say a dollar a day but at that point it won't be a dollar... guess it will be a yuan or remnimbi?

Originally posted by justadoodActually, the USA is a Democratic Republic. We practice 'democracy' in the voting process. Or had you not read the right-wing talking point all the way through before you repeated it mindlessly?

right wing...really?
get a grip.

Saying simply America is not a democracy...we do not vote directly for laws and such...we vote for representatives to figure it out for us..and thats a good thing.

a democracy would have a disasterous outcome...imagine anything seen popular, cool, uncool, unpopular, being voted on as legal or illegal in the country with majority rule

interracial marrying would be outlawed, along with homosexuality, hell, we would probably still have slaves and women would not be allowed to vote.

people en masse are generally morons. Person to person, one can show exceptional wisdom, but the bigger the group, the less words are exchanged, until entire partys can barely think of 3 word slogans to define their mindsets...

Yes we're on our way to 2nd/3rd world status. In some ways, we're already there. The educational system and public transportation system are horrid. Both are falling way behind the majority of the rest of the industrialized world. Essentially, the U.S. is becoming the first post-industrial country. We lead the way in the second industrial revolution, and now we're leading the way in the collapse of modern civilization, imo. Just wait until the dollar is no longer the reserve currency of the world, and the petrodollar policies are dropped. That's when we get to see where we truly stand as a nation. Right now, the illusion still exists that we're a prosperous nation on our own accord. Without our military might forcing the petrodollar & reserve currency status, we'd have collapsed long ago. We're less than a decade away from the USD being toast, and the average US citizen going completely bonkers because he can't rationally explain how all of his life's work has essentially vanished, and how his future generations will be essentially slaves to a broken, and totally corrupt government.