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We all know Romney is a faux pas prone fool... but does he have a point? (China)

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posted on Aug, 16 2012 @ 04:27 AM
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Mitt Romney accuses China of stealing and cheating over trade.
The Republican presidential candidate, Mitt Romney, uses a rally for the November 2012 elections to accuse China of stealing US technology, intellectual property and designs, and of manipulating its currency. He also boasts about the performance of Team USA at the London Olympics, and about the country's dominance in the space race


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Should the US and its allies pressure China now, while the respective economies are so intertwined, to clean up their dubious commerce practices? Not least of which is China's patent currency manipulation, which causes an insurmountably iniquitous playing field, especially in the manufacturing / export sector(s). Is the window of opportunity to exert 'benign' economic influence on this fast-emerging superpower closing, leaving future governments impotent to coerce their Sino "friends" with anything but the much shunned, last resort, military force?

I opine that if the West continue to allow the Chinese to get away with their arguably venal and oftentimes wholly unfair mode of business practice, the horse will soon bolt and the world will largely be at the economic mercy of a communist China. Keeping in mind, countries have gone to war over a lot less than economic malaise.
edit on 16-8-2012 by Sablicious because: (no reason given)



posted on Aug, 16 2012 @ 04:31 AM
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China is gonna get what they get real soon, but not because Romney wants it that way....but because TPTB want to goad them into a war with the west.

Its all about resources and money...all this other crap you see and read about is a side act donkey show in Tijuana so you wont look away to see what they are doing to create it.

Still Romney has a point...in his own way of putting it....and rightfully so.
edit on 16-8-2012 by Kastogere because: (no reason given)



posted on Aug, 16 2012 @ 04:46 AM
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Sure he has a point, and every other single person that has been saying this for years now.

This issue is nothing new... but to put all the blame on China, isn't all that fare. Think about the manipulation of currency or inflation bubble rates by exploiting the Chinese work force, and how cheap we were given products and/or services.

There's no real solution with China... on all fronts. Except.... combine our currencies, and pump in trillions more into circulation. It's a win-win, honestly... I bet if there were some terms and conditions set, as to foreign relations, oil, and certain markets such as agriculture... something amazing could come of it. China and the US both have friends from different sides of the coin, I say we jump right in.



posted on Aug, 16 2012 @ 06:30 AM
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Originally posted by FractalChaos13242017
This issue is nothing new... but to put all the blame on China, isn't all that fare. Think about the manipulation of currency or inflation bubble rates by exploiting the Chinese work force, and how cheap we were given products and/or services.

I think you may be underestimating the nous of the Chinese politburo and giving too much credit to Western exploitation.

Sure, we (the West) are greedy rodentia who want everything for nothing. But, China's rise is not merely some happenchance by-product of base Western avarice--it's a well laid plan that goes back to the Mao era.

Communism is all about exploiting (and subjugating) the populace in order to further the dictatorial construct of the system. China were well aware of how exploited they were getting by the West; but it was all a loss leader that's only now beginning to pay off. An example of the voracity this well laid plan can be clearly seen in a famous quote from Deng Xiaoping decades ago: "While the Middle East has oil, China has rare earths.".
*For the uninitiated, rear earth elements (REE) are the single most important (and unsubstitutable) constituent for a plethora of electronics, from mobile phones to guided missiles. If oil has fermented war in the past, REE certainly have the potential to do the same.

Couple the above with the fact China now also controls the bulk of the world's manufacturing, and you can clearly see that accidents do not happen in such clusters.
edit on 16-8-2012 by Sablicious because: (no reason given)



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