The Herald reported today that U.S. imports from China are up to a record level, and the trade deficit is soaring. The same article says that our Treasury Secretary is in China, urging them to "undertake faster changes in their currency system"--like it is their responsibility that we are spending money we do not have to buy goods that we do not need. The main driving force in the increase in trade with China is "textiles." If you go to any clothing store today, from WalMart to Saks Fifth Avenue, the product lines are dominated by Chinese imports. And think about it. Americans probably own more clothing per capita than anyone in the world.
Meanwhile, the Chinese are educating their children, working hard, staying organized and focused. The only thing we have in our favor right now is that China, Japan, and Korea cannot get along with each other. If they get organized, we won't have a chance, and we better start learning to write our letters with a brush.
The principle behind Chinese martial arts is that you use the aggressor's own energy to defeat him. The typical judo demonstration starts with the demonstrator telling the volunteer, "Now, come at me like you're going to attack me," and ends, a split second later, with the volunteer lying on the floor. China is doing precisely this with the international economy. The U.S. is rushing all over the world, wasting its resources on destructive military actions and expensive military establishments. Meanwhile, at home, our citizens are running up personal debt at a rate exceeded only by the national debt. China is just going along, taking advantage of our weakness for nice clothes and other consumer goods, making money on every transaction and even lending us the money (at interest) to indulge ourselves. We're getting weaker while they are getting stronger.
America's days of undisputed world domination are numbered.