[Skybird]

There is a decisive difference between India and China.

India, formally being a democracy, has failed (miserably, I would say) to increase the living standard and increasing the wealth for the general population. The rural place stay haunted by supressive caste system, violent supression of women, poverty, and poor medical conditions.

China, a party dictatorship (or oligarchy, if you want), has ensured a breathtaking rise in generla wealth for the country and most of the people. A general, materially well-being social middle class has formed up. The times when progress just was to be seen in the coastal areas, but not oin the rural heartlands, for the most are over, too.

China is the economically most successful nation of the past 30 years or so.

And it has America and Europe by its balls. What Westerners often ignore is that having debts makes you vulnerable to blackmailing. That'S one of the several reasons why I just shake my head over the american fiscal policy and the Fed. It's sometimes said then that the Chinese will not act against Ameria saince that would be against their own economical interest. To me that sounds more like a desperate mantra one repeats to not be afraid when being alone in the forest of debts one has panted. China is working with high speed at disconnecting from the - exaggerated - ties it has to the American fiscal misery.

And jujst weeks ago, the ministry of economy and trade openly threatened the Japanese to use the enormous stockpile of Japanese bonds the Chinese hold to bring Japan to its knees if it pushes too far in that conflict over those islands. Chinese is the biggest creditor of Japanese bonds outside Japan.

The Chiense are also in a buying frenzy in Europe. Instead of buying worthless Euro crap bonds as Eurocrats wanted to tell them, they buy the filet parts of top rated European, especially German, hightech and key industries.

China must not be a military superheavyweight like the US has been. It has as sharp a weapon, which to used with mastery it knows since three thousand years at least: trade and economics. America sooner or later will learn this the hard way. Coming from a different position, the gerontocracy of Europistan will learn the same lesson, too.