China Reading
Posted by TFG on June 17th, 2005
Quick note for you, if you’re following the China discussion: The Myth of China Rising
I’m still interested in getting my arms around the China question, but you know…work, life, sleep. Why doesn’t someone give me a $1,000,000 Hayseed Grant to sit around and read all this important globo-politico stuff and report back what it means to the regular dude & dudette? I’ve got PayPal if you want to drop it in there…
From my long-lost, recently-resurfaced, cricket-loving pal Garth down in Oz…
June 17th, 2005 at 4:56 pm
Interesting link. He makes a good case that China’s problems are so severe, a run at Taiwan is out of the question. China is still paying for their folly of the 1525 (see link) and is obviously trying to make amends at the expense of their population. Maybe we should watch out for Sino-Russian cooperation. Both countries don’t mind cracking down on “dissidents” and both have long memories of glories past.
http://www.huaren.org/diaspora/background/doc/kristof.htmlSino-Russian
June 17th, 2005 at 4:57 pm
Sorry. THIS link
http://www.huaren.org/diaspora/background/doc/kristof.html
June 17th, 2005 at 9:40 pm
The Chinese are- and have been financing our outstanding debt for years but especially in times of huge budget deficits, buying our treasury bonds like there’s no tomorrow which in turn drives up interest rates over the long term,the fact that the dollar was dropping in value against the Euro as little as 6 months was very troublesome to me ,but lately the dollar is rising and there is no stopping it while at the same time the European union can’t decide on a constitution and seems to be breaking apart, The Euro is falling the dollar is rising and obviously China as well as Japan And South Korea and other Asian countries Believe in America strongly enough that that is where they’re betting their hard earned Yen-Yang or whatever they call that paper over there. Is this a great country or what ? Hush whiners ,I know there’s work to be done ,we’re gettin’ to it.