I think this is the greatest question of our times, and palyers on the highest levels of political, military, and corporate power are STILL
mulling over the answer.
Here is my answer. We are treating Red China as a de facto
friend. How could it be otherwise, as we outsource a great bulk
of our manufacturing sector, with all the technology transfer that
goes with it, and have been building up a trading deficit with the country that is exponentially growing, and is the largest of any country in the world. On the other end, we entrust the Red
Chinese to expeditiously send back dollars earned in the proper
pockets of US government debt, such as t-bills and other Fed
notes, that keep the circular process churning.
So, we must be considering China, by consensus, a friend,
for, if it is, or will be, our enemy, I would imagine the leverage
Red China would have on our economic system would be quite crushing, to say the least.
SO, is Red China a friend, enemy, or a little of both?
2006-09-28
01:42:47
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7 answers
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asked by
Anonymous