I am just back from China. The United States -- the world -- does indeed have a problem there. Power is going to the heads of many in the Communist Party, and they are thinking most expansively -- like nothing we have seen for a long time.
Does China's leadership really propose to replace a Western imperial order with its own "celestial" one?
Could be. I sense that part of China's leadership is coming down with "greatpoweritis."
I lay a lot of the blame for them asserting themselves as they are doing, on the feet of our Administration running this country, doing what they want to do, irregardless of the will of the people of this country and those leaders of the other countries that are being affected by the choices made.
China has warned Obama previously. China has a lot at stake holding all the debt they do and they don't have to agree to let Obama devaluate their interest by arbitrarily printng money
so it makes me wonder how much u.s. land, mineral and water rights they already own. and when our paper isn't worth anything, like now, if they will call it all due and payable in the form of more land, mineral, water rights and gold.
bumper sticker - honk if you will pay my mortgage
"The problem with Socialism is that eventually you run out of other people's money." attributed to Margaret Thatcher
"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." Thomas Jefferson