Posts

Showing posts with the label The rise of China

Christine O'Donnell... A Distraction Carrying a Price Part 2

Image
by Les Carpenter Rational Nation USA Senate Candidate Christine O'Donnell is, in my independent conservative judgement, somewhat of a wingnut that is very likely undeserving of a seat in the United States Senate. Having said this I freely admit she was right in 20026 when she declared China was a threat to the US economy. For supporting evidence of her assertion I direct you to "Three Billion New Capitalists" as a reference point. Her assertion that China is plotting to take over the American economy sounds like something out of a George Orwell novel. However, the reality is China, India, Brazil, and other growing economies will eventually overtake the USA in the global marketplace unless as a nation we come to understand the threat, as well as the reasons we are faced with the current reality. While I may not agree with all the potential solutions offered in "Three Billion New Capitalists" the truth is we are a shrinking economic power and will eventua...