http://blog.heritage.org/2010/02/03/why-china-is-not-an-economic-threat-to-the-u-s/#comment-300888
This is not about fundamentals it is about the Communist Chinese following Soviet style characteristics to create a single world currency like the Soviets did, writing non FTA's under the guise of FTA's in which Communist Chinese get to control via trade power like the Soviets, along with the fact that the Communist own the majority of the worlds resources. Fundamentals is far from the key points of why the Communist are the worlds new possible Soviet threat with their actions in step and exact characteristics in cold war (economic warfare)
The idea that a massive growth index is not an indicative of a strong economy shows you do not follow Marshallian economics which states you take everything into account. The fact the the Communist use Soviet characteristics of Cold War weapons of SOE's that create massive Sovereign Wealth funds that place the value and wealth in the hands of the party and not the Chinese people is a major factor in why a growth rate of such high proportions for almost 30 years with still a massive rural population yet the worlds biggest foreign expansion is a major threat to not only Chinese citizens by the US and other free markets and Democracies. This shows how the Communist wish to use the cold war weapons of SOE's to create soviergn wealth funds that starve their own economy of its social safety net and spread of wealth while slinging it into other countries to own the worlds resources to do exactly what the Soviets tried to do. This writer has no historical application of Communist goals or cold war tactics and thus shows litle if any applicable knowledge to the Communist Chinese and how they are a threat to free markets and Democracies.
The idea that the Communist taking wealth from other nations and starving them into the worlds worst debt recession and centralizing the worlds wealth around the Communist again in step with Soviet Characteristics does not make the Communist a threat just shows the improper ability of the writer to have a real perception of what a threat is.
With the Communist Chinese holding the worlds resources and being the worlds center of production and bank loaning, the idea that the Chinese are reliant on the world is second as compared to the threat that other countries can't get any of the centralized neo mercantalized wealth that the Communist hold as the worlds is completely reliant on the Communist Chinese for again debt holding and resources.
Again how the Communist using Soviet style characteristics of making the world centralized around them to boost themselves higher is not a threat is unbecoming of a writer. Especially when 20 years ago every free market and Democracy was at cold war (economic warfare) because the Soviets where doing the exact same thing.
This statistical idea that the Communist Chinese are now oversupplying shows the lack of research into Communist Chinese dumping tactics over the last 30 years. In which SOE's would go bankrupt because they produced to much then get recapitalized from SOE banks and thus produce more. Which then dropped the Communist Chinese currency and the industry so far down that it was just cheaper to export jobs to the Communist instead of have free enterprise compete domestically in free markets and Democracies.
A fallacy that China is funding our economy. Ok then the holding of the US debt and the worlds biggest currency reserve is the key the Communists. They have more US currency and other foreign currency than any other country, including the US. The idea is then that with all the interest we are paying on the debt we owe the communist we are basically working just to pay off the interest and barely paying any of the principle. I think this would then qualify the Communist as our banker. Along with that they currently wish to use the new Bloc the Bric to destroy the US currency so as to implement a single world currency called the SDR in which is primarily based on Soviet characteristics of a single world international currency. Which would then set up the Communist to use their resource literally of banking to force non dissention on countries like they did with Japan. Currency is not the only form of banking, reserves are even more important and the Communist are the worlds resource banks thanks to bad Cold War policies of the world. Just like this writer who has obviously forgotten about the Soviets as the Communist are in lock and step in the same pattern and characteristics that the Soviets where.
Along these lines where my calculations of debt owned also includes lose of US jobs. Which currently stands strong at a ceiling of around 2 million in which the US has not been able to regain, as the average fluctuation of lost jobs as per US gained jobs to trade is around 500,000. As such, this would then cause the level of risen debt to rise to around 76 trillion more US dollars. However no one ever calculates this. Also I have data showing the Communist owning 907.8 Billion in US debt. Which means by your calculation of 1.7 trillion in debt spending that they are pretty much our bank.
http://www.guardian.co.uk/news/datablog/2011/jan/18/us-federal-deficit-china-america-debt
The idea again that you know the Communist are undervaluing their currency and sitting on it instead of allowing their Citizens to be able to stabilize and spread the wealth as their rural citizens do not even get high school still after 30 years of growth at 10%. Shows that the Communist are not only a threat to US policy of Democracy and free markets but a major threat to their own people. This article should have been written in the light of the Communist Party and its lock and step characteristics of the Soviet wish to conquer the world instead of take care of their own, as free markets and Democracies primarily do.
Furthermore you prediction are way off again. The IMF has the Communist at current tilt taken over the US economy in less than five years. Not to mention if we look at the Communist without their cold war policies of keeping wealth away from their citizens to place it in the hands of the elitist leaders like the Soviets did and place them in the proper category of developed, they are already richer in resources, military and pretty much everything else than the US or any free market for that matter a couple of free markets and Democracies gathered together.
This has been a lesson from the Rider I. Please do your homework before you speak on the Communist as I am here and I am searching for people to educate. Thank you, and I am sorry. I just have watched this country follow Soviet Characteristics of starving their own to conquer others instead of allowing SOE's be disbanded they have conglomerated them. Instead of allowing the Sovereign wealth funds to be disbanded so they could spread the wealth out to their rural people to gain school and other necessary social adequacies they centralize more wealth away from the people to use it as a cold war weapon to gather more resources to use the resources to control the world via Soviet Characteristics of cold war (economic warfare).
Please excuse my rudeness. I am unemployed and living on PBJ's and I am upset to see such writers being paid over and over again writing with regards to Communist China, while I eat PBJ's. Then again, check it:
Who's Who:
http://rideriantieconomicwarfaretrisii.blogspot.com/
Rider I
The Communist Chinese pressure to Democracy and disband cold war weapons of SOE's and Sovereign Wealth funds. They say Chinese characteristics I prove they are just using Soviet Characteristics as the Chinese where a Democracy before the Soviets invaded.
That is alright the Heritage foundation wishes it had a researcher on Communist Chinese cold war activities as good as I.
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