tag:blogger.com,1999:blog-19184418.post1311626754831914051..comments2024-03-09T22:15:04.984-08:00Comments on Global Paradigms: On China-U.S. relationshipLeon Hadarhttp://www.blogger.com/profile/07074306142674999554noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-19184418.post-58920407253170332702007-05-30T00:43:00.000-07:002007-05-30T00:43:00.000-07:00And once one of the WSJ/neocon's sacred cows is go...And once one of the WSJ/neocon's sacred cows is gored (like China does a deal with Iran) it will be "katie bar the door," "we need more cannon fodder," "no government expense is too big" and "no amount of American deaths too high." in the effort to stop the next "Hitler" <BR/><BR/>And this time we really mean it is "Hitler(tm)"!!!<BR/><BR/>And those people saying for the last 25 years that our free trade with China has just been enabling a future enemy will be waiting for the apology that will never ever come.Brianhttps://www.blogger.com/profile/17387233246665688430noreply@blogger.comtag:blogger.com,1999:blog-19184418.post-72243783013654999242007-05-29T14:57:00.000-07:002007-05-29T14:57:00.000-07:00'Flexible' Exchange RatesMaybe it's all a game, a ...<I>'Flexible' Exchange Rates</I><BR/><BR/>Maybe it's all a game, a pose. American politicians pretend to pressure the Chinese to float their currency, and Chinese politicians pretend to be resisting this, but really, both sides are perfectly happy with the present arrangement. <BR/><BR/>WalMart has several hundred factories in China, where labor is cheap and unregulated, but none in the United States. Other U.S. corporations are surely there for the same reason. The U.S. is one of the most protectionist nations in the world (outside of rhetoric) when corporate interests are threatened, so we can dispense I think with the pretense that the continuation of free and open trade with China springs from any sort of principle. <BR/><BR/>If political and economic elites on either side of the Pacific prefer that this unpopular situation continue, then they need some pretext, plausible in a superficial way, on which they can pin the blame for the benefit of public opinion in the States. <BR/><BR/>Resolving the make-believe issue would make it impossible to go on doing nothing about the actual 'problem'.Anonymousnoreply@blogger.com