Friday, October 14, 2005

Our Future Speaks Chinese

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.

62 comments:

Sara said...

Judging from my comments on the A-blog today in which I told about my language conversation with friends last week and mixed up Spanish and French, should our future really speak Chinese I think I'm screwed.

Read/Think/Live said...

That was funny, Sara. And you did spell the Spanish correctly. That's quite the rambling blog today, and very educational!!

I have a lot of work to do today because we've upgraded our computer software and I'm going to be training my co-workers (or is that cow-orkers) on the changes so I have to brush up on my documentation as well as making adjustments to our procedures and some associated software and so on. I'd rather be Achenblogging. Hey, there's a bumpersticker for us.

CagedRabbit said...

Interesting blog today, Karen. You're right - the Chinese (or Japanese or Koreans, or any number of other folks) are going to clean our clocks. I can't believe how stupid a country we have become.

On the newsgroup where I work, they refer to co-workers as cow-orkers - always makes me chuckle.

CagedRabbit said...

Thomas Friedman wrote a column about how the US is falling behind in education to practically every other country. I couldn't find it online (duh). Here's a link to a report he referred to - Rising Above the Gathering Storm -
http://books.nap.edu/catalog/11463.html

emini future trading said...
This comment has been removed by a blog administrator.
day trading stock pick said...

Hey Read/Think/Live. Nice blog. Check out my site trading. It's got lots of info on trading.

stock options said...
This comment has been removed by a blog administrator.
elliott wave said...

Nice blog, Read/Think/Live. Check out my site about trader at trader.

forex day trading said...

Hey Read/Think/Live. Nice blog. You may want to check out stock day trading. It's got lots of info on stock day trading.

day trading future said...

Hey Read/Think/Live. Nice blog. You may want to check out stock options. It's got lots of info on stock options.

electronic day trading said...

Hey Read/Think/Live. Nice blog. You may want to check out stock market day trading. It's got lots of info on stock market day trading.

daytrade course said...

Hey Read/Think/Live. Nice blog. You may want to check out daytradingcourse. It's got lots of info on daytradingcourse.

emini education said...

Nice blog, Read/Think/Live. There's an interesting site about day trading coaching at day trading coaching.

Rick J said...

I have been following a site now for almost 2 years and I have found it to be both reliable and profitable. They post daily and their stock trades have been beating
the indexes easily.

Take a look at Wallstreetwinnersonline.com

RickJ

Emini S&P Futures Day Trader said...

An interesting read...

Regards,
day trade future
day trade future

Emini Day Trader said...

Nice blog. Keep up the good work.

Regards,
Emini Daytrader
daytrade

Emini S&P Futures Day Trader said...

Great blog.

Regards,

Forex Daytrader
day trading information
http://www.daytradingcourse.com

Anonymous said...

Informative blog. Thanks.

Regards,

Emini Futures Daytrader
day trading system

Emini Stock Index Futures Daytrader said...

Very interesting blog.

Regards,
Emini Futures Day Trader
daytrading system

Emini Day Trader said...

A good read. Thaks for all the good info.

Regards,
Mini-DOW Futures Day Trader
emini education

Emini Stock Index Futures Daytrader said...

An interesting read...

Regards,
simplified elliott wave
simplified elliott wave

Anonymous said...

Interesting reading... Keep up the good work...

Regards,
Emini Futures Day Trader
learn daytrading

Emini S&P Futures Daytrader said...

An interesting read...

Regards,
trading knowledge
trading knowledge

TradingCourses said...

Interesting blog. I can see that you've done a lot of work on it.

Regards,
Emini Futures Day Trader
currency day trading

Anonymous said...

Good info. Thanks.

Regards,

Emini Futures Daytrader
forex

TradingCourses said...

Interesting blog. I can see that you've done a lot of work on it.

Regards,
Emini Futures Day Trader
currency trading

Emini Day Trader said...

A good read. Thaks for all the good info.

Regards,
Mini-DOW Futures Day Trader
online day trading

Anonymous said...

Informative blog. Thanks.

Regards,

Emini Futures Daytrader
simplified elliott wave

Emini Futures Day Trader said...

Very interesting blog.

Regards,
Emini Futures Day Trader
stock options

TradingCourses said...

Nice blog. Keep up the good work.

Regards,
Emini Daytrader
elliott wave

Anonymous said...

Good info. Thanks.

Regards,

Emini Russell 2000 Futures Daytrader
trading

Anonymous said...

Informative blog. Thanks.

Regards,

Emini Futures Daytrader
sp day trading

TradingCourses said...

Good info. Thanks.

Regards,
Mini-DOW Futures Day Trader
trading knowledge

Anonymous said...

Good info. Thanks.

Regards,

Emini S&P 500 Futures Daytrader
day trading education

Mini-Dow Futures Daytrader said...

Great blog.

Regards,

Forex Daytrader
stock market day trading
http://www.daytradingcourse.com

Emini Day Trader said...

Nice blog. Keep up the good work.

Regards,
Emini Daytrader
emini future

Anonymous said...

Interesting reading... Keep up the good work...

Regards,
Emini Futures Day Trader
day trading system

learn2stocktrade.com said...

Congratulations on producing a great blog! I will book mark and return!

I have a great forex day trading site. We offer some great products\services related to forex day trading including some freebies!

Come and check it out if you get time :-)

Emini Day Trader said...

Great blog. Nice job you've done here.

Sincerely,
Daytrader
trading

Emini Stock Index Futures Daytrader said...

Great blog.

Regards,

Forex Daytrader
sp day trading
http://www.daytradingcourse.com

TradingCourses said...

A good read. Thaks for all the good info.

Regards,
Mini-DOW Futures Day Trader
day trade future

Emini Russell 2000 Futures Daytrader said...

Enjoyed reading your blog.

Regards,

Active Daytrader
elliot wave
http://www.daytradingcourse.com

Emini Day Trader said...

Interesting blog. I can see that you've done a lot of work on it.

Regards,
Emini Futures Day Trader
elliott wave

Emini Stock Index Futures Daytrader said...

Great blog.

Regards,

Forex Daytrader
simplified elliott wave
http://www.daytradingcourse.com

Anonymous said...

Good info. Thanks.

Regards,

Emini Futures Daytrader
emini day trading

Anonymous said...

Good info. Thanks.

Regards,

Emini S&P 500 Futures Daytrader
day trading coaching

Anonymous said...

Good info. Thanks.

Regards,

Emini Russell 2000 Futures Daytrader
electronic day trading

Emini Russell 2000 Futures Daytrader said...

An interesting read...

Regards,
day trading coaching
day trading coaching

TradingCourses said...

Great blog. Nice job you've done here.

Sincerely,
Daytrader
emini education

Anonymous said...

Good info. Thanks.

Regards,

Emini Futures Daytrader
stock market day trading

Emini Russell 2000 Futures Daytrader said...

An interesting read...

Regards,
learn emini trading
learn emini trading

Emini Futures Day Trader said...

Very interesting blog.

Regards,
Emini Futures Day Trader
esignal

Emini Day Trader said...

A good read. Thaks for all the good info.

Regards,
Mini-DOW Futures Day Trader
day trading coaching

Emini Russell 2000 Futures Daytrader said...

An interesting read...

Regards,
future options
future options

TradingCourses said...

Nice blog. Keep up the good work.

Regards,
Emini Daytrader
emini day trading

Emini Day Trader said...

Great blog. Nice job you've done here.

Sincerely,
Daytrader
day trading training

learn2stocktrade.com said...

Congratulations on producing a great blog! I will book mark and return!

I have a great day trading stocks site. We offer some great products\services related to day trading stocks including some freebies!

Come and check it out if you get time :-)

Anonymous said...

Good info. Thanks.

Regards,

Emini Russell 2000 Futures Daytrader
emini day trading

Anonymous said...

Interesting reading... Keep up the good work...

Regards,
Emini Futures Day Trader
day trading computer

Anonymous said...

Good info. Thanks.

Regards,

Emini S&P 500 Futures Daytrader
emini day trading

learn2stocktrade.com said...

Congratulations on producing a great blog! I will book mark and return!

I have a great stock market trading site. We offer some great products\services related to stock market trading including some freebies!

Come and check it out if you get time :-)

Day Online Trading said...
This comment has been removed by a blog administrator.