Sunday, October 03, 2010

So, with the reality of China's posturing in regard to currency and economy, there needs to be a resolve within the WTO.

China's response to the USA's tariff was to try to undercut the tarrif.  That is a very aggressive move that dictates only one motive and that is China is using it's fiscal policy to dominate global stability. 

Now, given the collapse of 2008 I can understand it's movtives, but, the USA has a new administration that isn't interested in 'sinking' it's economy, but, trying to work in harmony even if that is a unilateral effort.

I believe China presents an interesting challenge to the global community and also brings about a very healthy discussion about 'How do we prevent the Plutocrats of the USA when 'occupying' power within the USA government from destroying a stable global economy for their own purposes?" 

It is a conversation that is not only as necessary at tackling the Climate Crisis, but, paramount to nuclear disarmament and securing a PEACE that will last generations while propagating a real strategy to defeat poverty.