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  • What About June 5th?

    On the 20th anniversary of the Tiananmen Square crackdown, everyone is talking about human rights in China. The question is, why isn’t there more talk at other times? The answer is the same for human rights as it is for many other issues involving China: because we overemphasize economic matters unnecessarily.

    The PRC’s economic rise is of course important, even breath-taking. But we have gotten ahead of ourselves. It is the American economy which drives the world, with Beijing crafting a development model in light of that dominance. And, as with Japan, China may never reach economic parity with the U.S.

    For right now, China depends far more on America than the other way around. For example, the PRC doesn’t choose to buy our debt – it has to.

    Conversations about democracy in China, China’s role in North Korea, and the like won’t always be simple and will rarely be easy. But they shouldn’t be pushed to the back burner because the economic dimension is of overriding importance. Are the Chinese economy and our economic relations with them worth discussing? Definitely. Are they the only things worth discussing? Not even close.

    Posted in International [slideshow_deploy]

    3 Responses to What About June 5th?

    1. Whicket Williams Kin says:

      I think somebody has said China needs us more than we need them, and everybody is ready to disengage their brain and swallow this Whole because they want to. This is not true, and it is easy to understand how wrong this is. China is working with Brazil to by-pass the dollar, as they understand how the dollar has been destroyed by printing trillions. You cannot change reality by deluding yourself. China can get along without us much easier than we can get along without them. China has forced Nancy to promise Pay-as- you-go. I want to see the government practice that. I want them to stop everything that they do not have funds for. I want them to operate the same way the individual operates. If I do not have the cash, I cannot spend it, as I do not have the power to make money up out of nothing.The government needs to halt all spending Which they Have to borrow to do.

    2. Spiritof76, New Hamp says:

      I agree with Mr.Whicket Williams Kingsbury of Texas completely. It is delusional to think that China needs us more than we need us. The relationship between China and the US is about the same as with the US and Europe in the early 1920s. US was emerging as the major creditor nation and Britain, for example was sinking into a deep debtor nation.

      You can not side step the trillions in debt that our country is being mired into. It is a form of financial child abuse. Is that a human rights' violation?

      As far as totalitarian regime of China is concerned, the US is getting there. Let us not pretend ourselves as a law abiding nation when we set aside private contracts (against the Constitution) as in the cases of Chrysler and GM bond holders and nationalizing the major segments of our economy and then point righteous fingers at China.

    3. Barb -mn says:

      I agree. It seems odd China would purchase(?) anything from America let alone the Hummer franchise. And to top that, a most costly production according to American government fraud of man-made global warming.

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