View Single Post
Old 03-24-09, 09:54 AM   #4
Skybird
Soaring
 
Skybird's Avatar
 
Join Date: Sep 2001
Location: the mental asylum named Germany
Posts: 42,637
Downloads: 10
Uploads: 0


Default

Fact is that china directly finances the excesses of the US in spending (and military adventures), and they have all reason to be worried now that for the billions and billions in bailouts their own economy will need to pay for. Why should they want to continue with that? And why should europe do want to continue with that, too? Just 2-3 months ago the US has agreed to implement better transparency and minimum rules of supervision over financial markets - and at the present the Us already has started to rudder back from that and trying to argue that one should not do that and that all the former negotiations should not be taken so serious. America is unable since long to pay for it'S finacial excesses and it'S unsolid economc course by it'S own productivity anymore, it is hanging on all the globe'S finacial drip. But it demands to be seen as the leading economist in the world. That is absurd. If anything, it is the leadsing consumer and waster.

And this has to end. We do not wish to pay for that anymore.

All the West has lived beyond it'S means, also europe, but nowhere it has been that excessive and so much on tick as in the United States.

The cold war has seen it's own kind of stability, becasue two powers exisxted, not just one. with the fall of one of them, things became unstable and more insecure. I think in comparable ways a forming of another fincial hostspot in the world rivalling US claims and forcing the US to implement more serious and better qualified economic proceedings only can be good for all. The past 15 years have shown that the show left to one actor alone only leads to things detoriating. Monopolism never is good - except for the monopolist.
__________________
If you feel nuts, consult an expert.
Skybird is offline   Reply With Quote