posted on Dec, 31 2010 @ 12:01 PM
I’ve been talking about this since the day I found out that China had a billion residences. I used to think that China would just get up one morning
and walk across the UK annihilating everyone thru the force of Kung Fu. I also thought that since the US has been at war, just about my entire life,
with one country or another, that we are spreading our selves thin with all this fighting. What happens when other countries jump in the war wile we
are so spread out with our own military; we may not be able to do anything about it. This was many years ago. Today I have a different opinion about
There is one thing that I have learned about Asian cultures, they have taken the motto of “If we can’t beat them, join them, and if we are going
to join them, join them to beat them.” China is on the way to replacing the US as the dominant power of the world. But it’s not going to do it
through military strength, but through capitalism. The US has pushed China to advocating capitalism in their country and they have been apart of this
for some time now and because of this, they have become apart of the global monetary system that is controlled by the US dollar at this moment. The
one thing that leads me to believe that China will soon take over as the monetary backer of the world is because China is getting out of the dollar as
fast as they can with out going bankrupt in the process and moving to the Japanese Yen or Euro as there backing monetary savor. As of today, the Euro
is worth .753012 of the US dollar. As the US devalues its money, this price will go up. Singapore’s dollar is worth 1.29006 of ours. The Chinese
Yuan is 6.60083 of ours right now. If you go to China with $100 and trade it in you would have 600 Yuan. 1 Chinese Yuan is worth 12.3478 Japanese Yen.
1 Us dollar is worth 81.506 Japanese Yen or 6.60083 Chinese Yuan. As China gathers US dollars wile the US is devaluing its money, China can make money
off of trading the US dollar for other money and make better profit margins than just holding onto the US dollars until its worthless. Our money will
never be worth as much in the future as it is today, so why not get rid of it wile you can and make some money off of the trades.
As the US continues to devalue its money, this will increase prices around the US and make it harder for the bottom 50% to attain basic needs. We’re
already focused down to the point of almost not being about to make it. This is the main reason the bottom 50% don’t have savings. Its really hard
to save when all you can do is spend the money on the basics such as electricity, food, fuel for you car, insurance, gas for heat and cooking, and
phone for emergencies. A person making $20,000 a year, gross, takes home $16,000 after taxes. Total expenses to live in a 2 bedroom house are around
$15,000 per year. This price rally depends on where you live. That leaves $1000 to do what you want with. What happens when you need tires for your
car? The last time I bought tires for my car it was $276 for 4 tires, and those were the cheaper ones too. Take $1000 and divide that by 12 months and
that leaves $83.33 per month to spend on what you want. The people at the top just don’t understand that the people at the bottom don’t have
enough money to buy there products out side of the necessities, with out credit, in which is why we are in the crisis now. At this time you can’t
change jobs for a better one because no one is hiring. Going to college will surely put you into debt in a flash. Once you graduate you have to start
paying back those loans, with out work this is really hard to do. If you don’t start paying on the loans after graduating and get them deferred, the
interest goes sky high pushing you further into debt that you are probably not going to ever be able to pay back.
This whole monetary system is the root to all these problems. If there was no money there would not be as much greed and therefore people may get the
help they need. If there wasn’t a fee on everything we did in life, then we would have more money in our pockets to spend on frivolous items.
We are all connected in this and with out the bottom 50% the top 50% wouldn’t exist. Because we are on the bottom, we hold everything up. If
everyone at the bottom stopped working today, the top 50% would become the bottom 50% to make 100% of us absolutely broke! The biggest difference is
that the top 50% would have a much harder time surviving than the bottom 50% because we at the bottom are used to going with out, and they at the top
are not used to going with out. The only problem with this is that most of the top 50% don’t actually live in the US. This means that when the US
collapses they won’t be in as bad a shape as we will be.
China is on the way up wile the US is on the way out! According to the stock market crash of the 30’s and 40’s, we are on the same track right
now. If history repeats itself, then we should start see prices rise in the next few months to come. By the end of 2011, we will have tanked the stock
market again, and with in the next year, 2012, the US will be broke and a third world nation. All this is with out any natural deserters or invasion
from another country. If we have one more Katrina, we can for get about it altogether. We have seen that the government did nothing to help anyone
during, or after, the Katrina hurricane. People are still living in huts and tend today! I sure can’t see them helping anyone out during the crash
of 2011/ 12! It’s everyone for them selves once this happens.
So to answer your question; Yes! I think China will end up on top of the world, for the second or third time in world history, but with North Korea at
its side, I’m not so sure about that. Although North Korea and China have been buddies for years it is very possible for this to happen. China may
end up funding N.K.’s nuclear bomb ambitions, but I think China’s goal here is not to get directly into a fight with the US, at this time, and let
N.K. do all the work to beat us down, from a monetary stand point. This would enable China to over take the US because we use money as our way of life
not morals. The whole goal here is to make the US broke beyond the point of return so that we will monetarily collapse and not be able to pay our
solders to do battle. Right now we are heading down this road because of war. We are just about broke, no one is going to lend us money anymore
because we have never paid anyone back the money that we have owed for decades now. Where do we go? Up and away is what I say! There is only one
solution, get rid of the money.
We didn’t need money before money was invented, why do we need it now? Everyone can learn how to plant seeds and grow food. We only need food,
water, and shelter to survive. We don’t need TV’s, cars, internet, cable, DVD’s, CD’s, computers, etc. to survive, we just like this stuff
because it keeps our time occupied. This occupation was the reason to invent money, so that we would have money in our pocket instead of plant in the
ground. It was invented to get us to stop planting and start buying the stuff from and entrepreneurs. This is a whole other subject that I’ll cover
some other time.
But I think I have given enough of my thoughts on this subject and I’m glad that you have brought it up.