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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (42857)	12/10/2003 5:29:23 AM
From: que seria	Read Replies (2) of 74559

Yiwu: I doubt Bush is telling off Taiwan because he thinks China will invade. I see two factors. First, his warning implicitly acknowledges the reality that China has made great strides toward a freer life for its people, and is moving ever farther away from the barbarism of the Communist era. (It doesn't care what the rulers call their party; it matters what they think and how they act). Thus, rejoinder of Taiwan wouldn't be the crushing of freedom under the jackboot of tyranny, as it would have before. The U.S. doesn't have a compelling national interest in preventing the displacement of a democratic "breakaway province" by the merely authoritarian government of the nation from which it broke away. Freedom matters more than democracy. From all I read China is only less free than Taiwan. Second, the U.S. needs China's cooperation regarding North Korea, purchases of U.S. gov't debt and trade barriers. When a nation insists (both the gov't and the people) upon living beyond its means, it must make nice with creditors. Even if NK were just farming rice, the debt would make a negotiator out of any U.S. president focused upon reelection--and does that ever describe Bush.

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