A WEEK OF OBSERVING CHINA AND OTHER EMERGING ECONOMIES
I still cringe when I hear Wall Street, American politicians, journalists and economists telling us if it weren’t for those wonderful people who run China and buy our treasuries, we’d be bankrupt! Having a look at why many companies are moving into Chapter 11 reorganization and how quickly they emerge with a clean balance sheet and even a war chest to immediately take predatory action against their competitors, I think it would be a great thing for President Obama to announce to the world he is placing America into Chapter 11. Wow, wouldn’t it be great to see that Mr Magoo looking character who runs China be greeted with the news his U.S. bonds were suddenly worthless, but to help them out, we would buy them back at pennies in the dollar! Of course these comments are meant to be facetious, but we need to be awoken and told the truth about the China’s, Russia’s and India’s of this world. There is no other way to say it, but these disgusting countries are in fact and should be treated as our enemies.
Firstly, let’s take a look at their Psychic. This is how I describe these and a few other ragbag countries that are hell bent on destroying America; Selfish, narcissistic, bullying, divisive, vindictive, revengeful, despisers of individual rights and freedoms, sociopaths, the list could go on and on. Since last Monday, here is some evidence to back up my claims that the sooner we stand up to the scourge created by globalization and the way certain countries practice the art, the sooner we isolate ourselves, the better. The funny thing is India hates China who hates Russia who hates India!
- Gazprom, the largest natural gas supplier in Russia puts the China pipeline on hold because they failed to agree on price. China wanted pay nothing and Gazprome, just like they did with the Ukraine and Europe last winter, they want to screw China!
- Anglo-Australian mining giant Rio Tinto decided at the eleventh hour that government-owned Chinalco could take a hike with their $20 billion offer to take a near 20% stake in their company and instead cut a joint-venture deal iron ore deal with BHP Billiton. China is crying foul because part ownership of Rio Tinto (and that company’s largest iron ore customer) would have given China the chance fleece Rio Tinto with what the price they would be prepared to pay, now Chinalco was the cornerstone stakeholder. Poor sportsmen which they are, China is claiming the joint venture is monopolistic and have embarked upon making all sorts of threats to the world community if the joint-venture is not unwound.
- India is complaining is complaining about cheap imports from China and is claiming China is dumping products and using predatory pricing to secure market penetration. Chinese imports are between 10-70% cheaper than comparable Indian-made products. Talk about the pot calling the kettle black!
- Remember when China bleated “unfair” when President Obama announced with the stimulus package a “Buy America clause? Well the Beijing government has introduced an explicit “Buy Chinese” policy, even though local governments have found (oh really) that many domestic suppliers simply have inferior products and they must be given the opportunity of buying at the best price and quality even though it is overseas made. China has never deviated from doing what’s best for China and I say that’s great, because that is exactly the approach America should also be taking.
- There are so many international alliances for all sort of regional and global “needs” it is now becoming laughable. The latest “power base is the Bric Group. Brazil, Russia, India and China have formed a think tank designed principally to take over America’s global economic dominance and the greenback as the international currency. They want to create a new currency and they claim because they represent 40% of the world’s population (but only 15% of the global economy) they rightly should have a greater in fact, complete say in global affairs. The sooner America scraps and or pulls out of NAFTA, G 7, G 20, NATO, U.N., ASEAN, and every other useless organization and just concentrates on setting its own course, not only will America be better off, but the world might also be a better place to live in!
- In supplementing rice, the staple diet, dog meat has always been a culinary delight to the Chinese. It can be said the Chinese don’t not even view human life as sacred and certainly so when it comes to animals, if they can’t be eaten, then they are of no use whatsoever. Animal welfare advocates around the world are aghast at what is presently happening in a large Chinese city called Hanzhong. Orders have been issued to kill every dog found outside homes in areas where rabies outbreaks have occurred. Method of execution; beating the dogs to death, by city organized “dog beating teams”! Why in the hell are we kissing up to a country which behaves in this manner? Perish the thought, but 50% of all pharmaceutical ingredients are now Chinese-made. Rabies can be controlled not by killing, but by vaccination. When we are constantly told how modern and cultured China has become, barbaric practices such as beating innocent animals to death, just proves what makes up the true soul of China; depravity and evil.
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