Thursday, April 2, 2009

If the Eagle and the Dragon fight, will they both die?


If the Eagle and the Dragon fight, will they both die?

I discovered recently that “China” means “The center of all nations”. I found that interesting in view of the type of relationship we now have with China. No two nations could be any more different than China and the U.S. Yet we find ourselves in an awkward marriage with a nation so unlike us. Our citizens take their rights for granted while the Chinese feel fortunate to experience any rights at all. Our citizens spend all the money they have and some they don’t have while the Chinese are notorious savers. Most of us live like kings in comparative luxury while most Chinese live on the brink of poverty.

It is certainly a marriage of convenience, of necessity. They depend on our consumers to fuel their massive productive factories. We’ve outsourced all of our production and are now defined not as a producer nation but as the world’s greatest consumer and debtor nation. In the city where I live there used to be a dozen textile factories. I don’t think there is a single one left.

So, what happens if the two of us divorce? Which of us has the greater chance of surviving without the other? They have been saving and investing while we have been spending. I’m looking desperately for someone to explain the insanity of how we’re going to work our way out of debt and regain the respect of our neighbor nations by spending trillions of dollars! Don’t underestimate the dragon! They hate capitalism and they would love to crush us. We must submit to the dragon because we are flat broke and we need the money they can lend us. How humiliating to be puppets on a string to the Chinese government! It’s very hard to build or sustain the world’s greatest military when your broke. In the meantime, China is experiencing a massive military buildup. If China gets impatient waiting for us to pay back our debt.....? I hate to think about what might happen! Perhaps Obama should send China’s president Hu Jinto an I-pod or a set of American movies on DVD!Perhaps we should start taking heed to the words of the world’s wisest man: “The rich rule over the poor and the borrower becomes the lender’s slave.” Proverbs 22:7

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