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Originally Posted by AntEater
On the other hand, the current system of conning the world into investing in a dollar worth less and less can't last forever.
But the term "economic pearl harbor" is somewhat wrong, as it seems the Interest of the Chinese is more to warn the US than to actually strike economically.
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No, it is right, because at one point the Chinese will have almost no other alternative than to abandon the dollar. They suffering huge losses in value due to the dollar weakness. And america has no moral right to demand them to accept that forever, at even growing disadvantages for them. when the trend brings more disadvanatge to the Chinese than does further supporting of the "sick old man" on the other side of the Pacific - that will be the time they will turn their back on him.
America could see it coming, and should expect it coming. But still it does not react. Like US intelligence ha dpicked up hints of a Japanese attack, and officially, the American government played the unknowing. Both events, Japan and China, were and are unimaginable for a nation thinking of itself as being invincible and irresistable. So how could anyone doing these things...?
And AntEater, you made some constructive comments in a non-hostile, non-offending way. If somebody would accuse that to be anti-americanism, then the problem is with him, not with you.
The problem has serious implications for nations in europe and elsewhere, that's why our (nations, economies) comments and concerns regarding the way america handles certain issues is absolutely legitimate.