Why the global economy is not good for America

Well with this current economic situation I dont think there is much we can do about it. I jus tthink that we have issues here that we have to face and until we can do something about our own economy there is not much we can do to help with the Chinese situation. I dont know what we will be able to do about it.

Come now. I certainly did not allow any nasty world affair to occur. As George Washington said in his Farewell Address: (I'll paraphrase.) People! If you value your freedom do not trust a 2-party system. It is susceptible to corruption by clever minds, domestically and internationally. Your freedoms will be compromised or destroyed... China's experiment with a 2-party system, ironically, is the best example. The parties were Nationalist controlled by White capitalists and the Communists controlled by the USSR. It tore them apart. The Nationalist have their Island, Taiwan. Taiwan used to represent Chinese people at the U.N. and in countries through diplomats. The Communist China did not "exist." Nixon reversed that. We Americans and the poor all over the world are being ruffed up with the object being obedience and acceptance of our "betters," as seen from the eyes of many rich Caucasian men who ARE having a hard time holding onto their power. Our Pentagon is Their Army before it is ours. As President Dwight Eisenhower warned, Beware of the Military Industrial Complex. Well, duh! We are still in the Age of Reagan who spent Trillions building up the Pentagon, his buddy's Army before it is ours. From this point of view, Obama is continuing to pay these Good Ole Boys tribute. What can he do? Bullies thrive on being hated, on killing, on throwing self-glory parties and looking in the mirror at their "perfect" smiles. Rome did it on chattel slaves. The American and British Empire known by Orwell's name as the Oceania Empire has wage slaves via China. I hear recruitment in the USA is up. I guess the Good Ole Boy scheme is going as planned. To solve this problem the Good Ole Boys need to be taken down here at home. The best and fastest way for that is a populist movement pushing to end the many abuses of power through a Constitutional Convention. Only one more State needs to call for a Con-con. We had best move fast because the Good Ole Boys can get nasty once they realize they are being threatened. You think the recession is bad? With biological, chemical, and nuclear weapons, all legal because bullying is legal, we are running out of time. Life's best chance of Earth rests with USA citizens, the votes behind the current sole super power. We had best move fast, outlaw bullying in all its forms, and remove all occasions for war. The bullies will resist. Are you ready for the challenge? I am.

It goes deeper than simply the ability to buy cheap cr@p. They used the money that we pay for that cheap cr@p to make loans to the U.S. and we owe them over $7 Billion last time I read something related to China. So, there's another reason why the U.S. can't go out of it's way to tick them off.

the global economy has done nothing to the american economy, it is the american economy itself that went upside down with the lavish spending made by the Bush administration on senseless wars. the global economic recession has hit the world economies so we can't blame that for the recession in america, i blame the bush administration on the american economy

Can't believe I'm agreeing with you on something LOL, Anyway as of now with our continuous rising debt from both parties they thru the years set up a consumer spend only system and china backs our debt,and china can't do it by not expanding their economy. Your really looking for what should we do, I don't know at this time I'm sure it may not hurt to go back on the gold standard again it's a good hedge against inflation and would keep our dollar in check. We'll have to figure it out cause this bad recession we're in now is basically our capitalist system (or whats left) trying to reset it's self by ridding of all the toxic crap. We need to start getting serious about our own energy, drill now and work on alternatives, China is locking up oil left and right, we need incentives to bring manufacturing back getting the american creative again.

Unfortunately, I think the mindset you're speaking of (cost is everything, cheaper is always better) dates back to the disposable hyperconsumerism of the 70's and 80's. That's when people learned that more is better, lots of cheap crap is better than one or two quality things, and why bother with something that you'd have to actually fix instead of just throw away and buy again? I personally find this sort of mentality deplorable. It translates into "use up and throw away" policies that permeate society. The environment, social welfare, even the government. As if that weren't bad enough, China is as close as it gets to evil; they don't even have ideology or faith to give them reasons for their insane behavior. Their government is cold, methodical, cruel, heartless, and dangerous. Their current economy is almost entirely based on selling cheap junk through walmart. We helped build and support their current infrastructure of tyranny. Way to go, USA. Way to go. I hope that cheap TV set keeps you warm at night.

For starters we need to make it easier again for business to do business in the U.S. Minimal nessesary SENSABLE regulation, regulations that both protect the consumer and the producer. Tax codes that make sense and don't require a masters degree to understand and that don't require a small fortune of one's profits to be turned over to a bloated, corrupted and iresponsable government. Environmental laws that don't cripple business and still do the job they are intended. Labor laws that don't also do this. Regulater and reign in unions. And most important, REMOVE the federal reserve and involvment with the IMF....return to a sound and sensable monetary policy that doesn't rely on the international community.

I think that economic globalization has brought many problems. There can be no competition between nations with different work laws, human rights implementation, safety regulations, etc.. The only option is to have huge taxation on imports from those countries so that the cost that they avoid in work exploitment and lack of work safety stops being a competitive advantage for them. Anyway now china owns the u.s. so i think that there is no more that option. Us treasury bonds are owned by china, and if the china central bank decides to sell all its dollars, it will become worth nothing.