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It's all explained in Confessions of An Economic Hitman

What the Chinese are doing now pales in comparison to what will happen not even a decade from now. The truth is, the US governmentand it's systems of checks and balances just don't work anymore. You know why? Because it's become the one and only superpower in the world. There is local saying here in Indonesia: the higher the pole, the stronger the wind. So just imagine that everyone else in the world thinks it wants to take over world hegemony or at least be running against the Americans for it.

On the other hand, the US government who I think has a moral responsibility to the WORLD to govern in the general interest - not only of its citizens, but for their own sake think of how its actions on the global stage impact others - does not work as it was envisioned.

Democratic principles should prevail elsewhere too. But you cannot transplant Washington DC to Beijing, or Baghdad, neither have you done so in Berlin or Budapest. So if you want to see the US government change its policies for the better, next election time vote for the right person of this time - Senator Barack Obama (an American who actually has seen the world).

I don't endorse Obama because he's (part) African American, or because he's a fresh injection to global politics. I would endorse him, because were he the most powerful head of state and government, he would be one of the few who can empathize with the other 6 billion people by virtue of him being who he is.

posted by MrBOY on September 30, 2007 at 9:30 AM | link to this | reply

Libra
It is the Corporations which outsource the manufacture of things they sell, to Chinese companies. Chinese labor and raw materials are cheaper. So, Corporations like Walmart can sell cheaper, yet make a killing. The Corporations know ,in advance what materials will be used, and what it is going to cost. The Chinese only follow the orders they are given. These products are not really exports of China, but US Goods, designed and engineered in the Us but built in China.

posted by Soul_Builder101 on September 27, 2007 at 1:40 PM | link to this | reply