China calls on other Nations to "De-Americanize" the world as the US is unstable

Stan.Dupp's Avatar
Interesting...

China media blasts US shutdown, as China stands to lose Billions if not Trillions in investments

BEIJING –With days to go before the United States debt default deadline, Beijing aired its frustrations with the shutdown Sunday, saying it was time to consider a “de-Americanized” world order.

With $1.28 trillion in U.S. Treasuries, China is easily the biggest foreign holder of American debt.

China has also funneled billions of dollars into private American investments – to the tune of an estimated $54 billion in 2012 alone.

“As U.S. politicians of both political parties are still shuffling back and forth between the White House and the Capitol Hill without striking a viable deal to bring normality to the body politic they brag about, it is perhaps a good time for the befuddled world to start considering building a de-Americanized world,” according to a stinging op-ed article by state news agency, Xinhua.

The article, published Sunday, conveyed Beijing’s frustration with the spending and debt impasse that has paralyzed Washington for more than two weeks.
"Days when the destinies of others are in the hands of a hypocritical nation have to be terminated, and a new world order should be put in place, according to which all nations, big or small, poor or rich, can have their key interests respected and protected on an equal footing,” the piece added.
Should Congress not come to an agreement by Thursday’s deadline on a new raised debt ceiling – the upper limit set by Congress on the amount of money the Federal government may borrow – China’s potential losses stand to be devastating.
Prior to Sunday’s commentary article, Chinese officials had been more measured in their analysis of the U.S. budget impasse. Last week, Vice-Finance Minister Zhu Guangyao noted only that “we have to see that the clock is ticking.”

To many in China, the restraint on the part of China’s ruling Communist Party over its second-largest trade partner’s government problems was perhaps based in the belief that neither party, Democrat or Republican, would allow the U.S. to not honor its financial obligations.
“If we are really rational, I cannot imagine why someone would dare to bear this kind of responsibility because any real default will have a huge impact not only on the U.S. and China, but on the global economy,” said Professor Zhao Longkai, a dean at the Guanghua School of Management at Beijing University. “It’s hard for us to imagine anyone can be that crazy to push the limit to that level.”

Zhao said the patience China had shown until recently was rooted not only in Beijing’s confidence in America’s ability to deal with the budgetary crisis, but also its own burgeoning self-confidence.

“For average Chinese people [the budget crisis] is a show there and we’ve seen it before… we also know that it's not only the United States that we are relying on, we have a lot of other investments,” Zhao said.
The Xinhua commentary may raise eyebrows in Washington, but Beijing’s frustration underscores a key point: Despite a desire to diversify its holdings, the Chinese government continues to buy U.S. Treasury bonds out of political and economic necessity.

As long as China’s domestic growth and stability are boosted by American debt, the deep ties between the two countries will likely endure.
Only our government is unstable.
CJ7's Avatar
  • CJ7
  • 10-14-2013, 06:22 PM
gee, I wonder why?

gee, I wonder why?

Originally Posted by CJ7
The most powerful man in America. Not saying I would do it, but I'd sure like to single-handedly wield the power to bring a country like America to it's knees. I could think of a lot of fun things to do with that kind of power.
China is just following Obama's lead in de-Americanizing this once great country.

They are late to party, see them in the congo line behind WTF, BigKotex, CBJ7, etc...
Guest123018-4's Avatar
Obama's goal has always been to destabilize America.
The libtards just don't have a clue.
Denial isn't just a river in Egypt.
The most powerful man in America. Not saying I would do it, but I'd sure like to single-handedly wield the power to bring a country like America to it's knees. I could think of a lot of fun things to do with that kind of power. Originally Posted by nwarounder
You are fuckin' delusional.
You are fuckin' delusional. Originally Posted by timpage
Ted has y'all squirming like a worm on a hot rock...LOL
CJ7's Avatar
  • CJ7
  • 10-14-2013, 08:53 PM
Ted has y'all squirming like a worm on a hot rock...LOL Originally Posted by IIFFOFRDB
and China flipping us the bird because we are unstable ... be nice or you will be washing dishes for Hop Sing
Ted has y'all squirming like a worm on a hot cock...LOL Originally Posted by IIFFOFRDB
Ha Ha....FIFY
Ted has y'all squirming like a worm on a hot rock...LOL Originally Posted by IIFFOFRDB
Delusional....and an idiot.

Daniel Larison at The American Conservative just about covers it:

Ted Cruz’s Debacle


By Daniel LarisonOctober 11, 2013, 1:19 PM
Jonathan Bernstein considers what the pointless shutdown fight has done to Ted Cruz’s political prospects:
It’s one thing to have a reputation as a loudmouth; it’s quite another to have a reputation as a loser. That’s what the shutdown fight has done to Cruz. Among true believers he’ll be the one who was a leader in a fight that surely would have won if the squishes hadn’t sold them out. But for most party actors, including many sympathetic to Tea Partyism, he’s going to be the guy who ran up the wrong hill.
It would have been different if Cruz’s gamble had been over a minor issue that drew little attention, but the purpose of the gamble all along seems to have been to turn Cruz into a national figure and link his name to some of the most important issues available. It succeeded in making him better known, but in every other respect it has backfired badly. More important, Cruz didn’t just misread the political landscape and support a strategy that had zero chance of success, but he did so in a way that maximized intra-party divisions, burned bridges with most of his colleagues, and distinguished himself as a self-seeking bomb-thrower who ended up helping to blow up his party’s own standing. Granted, Cruz didn’t do this all by himself, and there are many others that contributed to the mess the GOP finds itself in today, but he very much wanted to be identified as the leader of the effort, and now he will pay for it.

Cruz’s error was almost the exact reverse of the one that Rubio made on immigration. Rubio was paying too much attention to what people outside the GOP thought and wanted from an immigration bill, and for that reason he failed to see how much resistance there was in the House to any bill that Democrats would support. Cruz was so determined to ignore the views of anyone outside the party and even the views of many of those inside it that he led fellow Republicans into a disaster while remaining oblivious to the danger. Cruz’s debacle has been much more significant for the GOP because the party’s leaders ended up going along with his losing strategy.

What may hurt Cruz’s prospects as a presidential candidate most is the fact that he will not or cannot acknowledge that he was wrong in promoting his failed strategy. As if to prove how oblivious to political reality he is, he was at it again today in his speech this morning. He kept insisting that his obviously failed strategy was working:
“The House of Representatives needs to keep doing what it’s doing, which is standing strong,” Cruz told attendees at the Value Voters Summit.
Cruz may not yet realize how badly he and his party have lost the fight he wanted to have, but more and more of his colleagues are and they will presumably know better the next time that Cruz wants to take them off on a wild good chase.
Obama's goal has always been to destabilize America.
The libtards just don't have a clue.
Denial isn't just a river in Egypt. Originally Posted by The2Dogs
And, why would that be genius? How stupid do you have to be to post up something like this yet stand in support of a political movement whose goal is to shut down our government and have the United States of America go into default on its debt with God knows what effect on the global economy?

Obama wants to destabilize America? Sorry, but even a cursory examination of recent events and facts makes it looks like you and yours are the ones looking to destabilize not only our country, but every other country as well.

Why should it be a surprise that China is pointing out that it is economically risky for the global community to rely on the United States when Tea Party buffoons like Ted Cruz are willing to engage in antics that risk the financial security of the entire world? You can bet that lots of countries are thinking that way these days. China is the only one willing to say it out loud.

You're a fucking idiot with your stupid slogans and unthinking support for political policies that put the economic security of the nation, and the world, at immediate risk.
I B Hankering's Avatar
gee, I wonder why?
Originally Posted by CJ7
  • Laz
  • 10-15-2013, 08:25 AM
Continuing on our current fiscal path will lead to a much larger fiscal disaster than anything that might occur over the current government shutdown or debt ceiling debate. I have to hope that even Obama is not stupid enough to not pay the interest on the debt.
Gotyour6's Avatar
China would collapse without us.