posted on Dec, 7 2005 @ 05:59 PM
Originally posted by benevolent tyrant
Wow. I already knew that China could economically destroy the US through it's balance of payments.
Apparently, in your astonishment and revelation, you somehow forgot that the American economy is the LARGEST consumer of Chinese goods, and that, if
the US economy gets destroyed, the Chinese economy will likewise be severely crippled or destroyed.
Be sure that some of you remember this, because the US economy dictates the world economy: ECON 101. If the US economy becomes severely crippled or
destroyed, not only will the Chinese economy implode, the world's economy will do likewise. What happened to Germany after WWI should be a lesson to
all of you on this matter, when applied to the severe dis-stabilization of economies [ try reading some on John Maynard Keynes on this]. There is a
repercussion and it is based on simple cause and effect