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Chinese government mouthpiece says 'Pax Americana' has failed on all fronts
China's official news agency has called for the creation of a "de-Americanised world", saying the destinies of people should not be left in the hands of a hypocritical nation with a dysfunctional government.
Heaping criticism and caustic ridicule on Washington, the Xinhua news agency called the US a civilian slayer, prisoner torturer and meddler in others' affairs, and said the 'Pax Americana' was a failure on all fronts.
The official news agency of China, which is seen as the pretender to the world's superpower crown, then rubbed in more salt, calling American economic pre-eminence just a seeming dominance.
"As US politicians of both political parties are still shuffling back and forth between the White House and the Capitol Hill without striking a viable deal to bring normality to the body politic they brag about, it is perhaps a good time for the befuddled world to start considering building a de-Americanised world," the editorial said.
Crakeur
reply to post by xuenchen
If I lent you money, more than anyone else did, I'd be pretty damned vocal about your business with the hopes that I'd be protecting that loan.
Remember, if the US defaults, china doesn't get paid. If the US economy takes a deep downturn, China suffers further. If our dollar devalues more, China suffers.
If we go down the tubes, we drag everyone with us. With us, goes the planet, if you will. So, our economic woes will be a global hurt and China, in an effort to keep themselves protected, is doing what they think is best. Can't fault them for that.
When corporations suffer economically, the largest creditors often swoop in to protect their investment. This is no different.
Merlynn
No problem. Stop producing US products over there. Bring the jobs back to the US and then we'll see how good the Chinese people do without jobs.
Merlynn
No problem. Stop producing US products over there. Bring the jobs back to the US and then we'll see how good the Chinese people do without jobs.
dominicus
reply to post by xuenchen
BRIC (Brazil, Russia, India, China) have been talking about De-Americanised world for the last 5 years or so.
....once oil is traded via a differing currency globally, that's when we will be in for quite a ride.
It also called for an end to the use of the US dollar as the international reserve currency, a step that would ensure the international community could maintain a safe distance from the side-effects of domestic political turmoil in the United States.
Crakeur
reply to post by Merlynn
easier said than done. overseas labor costs, and rules, are far more lucrative for corporations.
olaru12
Merlynn
No problem. Stop producing US products over there. Bring the jobs back to the US and then we'll see how good the Chinese people do without jobs.
America doesn't have a manufacturing infrastructure anymore; go to any large rust belt city and tell me what you see. We used to make steel in this country; now we make happy meals.
olaru12
Merlynn
No problem. Stop producing US products over there. Bring the jobs back to the US and then we'll see how good the Chinese people do without jobs.
America doesn't have a manufacturing infrastructure anymore; go to any large rust belt city and tell me what you see. We used to make steel in this country; now we make happy meals.
Merlynn
Crakeur
reply to post by Merlynn
easier said than done. overseas labor costs, and rules, are far more lucrative for corporations.
They shipped them over there, it may take some time but they can bring them back. Take away the government incentives of having the jobs overseas (take away the corporations lucrative part).
xuenchen
olaru12
Merlynn
No problem. Stop producing US products over there. Bring the jobs back to the US and then we'll see how good the Chinese people do without jobs.
America doesn't have a manufacturing infrastructure anymore; go to any large rust belt city and tell me what you see. We used to make steel in this country; now we make happy meals.
They can solve that problem in 6 months.
Unemployment would be cut in half.
Welfare would be cut in half.
Are Americans understanding this ?