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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (108921)	2/24/2010 6:21:26 PM
From: Hawkmoon	1 Recommendation Read Replies (1) \| Respond to of 116555

You need to be careful with US Imperialism Hawk.. lots of pretty recent US activity is construed by much of the world as Imperialism.. Yeah.. I understand.. The same people who perceive Hugo Chavez and Castro great democracts, and wear Che Guevara shirts and belt buckles.. All I say to defend that it's NOT imperialism is merely this: "Imperialists don't rely upon Status Of Forces Agreements (SOFA)" And unlike Tibet, we're getting out of Iraq. In fact, China and a few other countries seem to be getting first dibs on oil contracts. US used to be a lot fairer IMO... China becomes fairer.. both are flawed.. because they are run by people :O) But it's still the difference of change occurring by election, or by revolution. Elections are usually less damaging to the existing infrastructure. LOL!! And yes.. the US used to be far more fair, as TJ astutely pointed out yesterday. And we need to get back to restoring the consumer demand curve. That will either happen by finding new productive industries and training US workers, or maybe we'll all become maintenance personnel for robotic factories. And I do admit that we're seeing progress in China economically, but not much on the political front. I don't believe that economic freedom can long be divorced from political freedom. Whole lot of corruption still at the local governmental levels and that's where the "rubber meets the road". Melamine, pollution, using lead in painted toys.. etc. Taiwan will be reunited.. but I bet some special accommodation... Chinese are nothing if not pragmatic... Hmm.. if that were the case, one would think that peaceful unification would have occurred years ago. Pardon my western bias.. ;0), but sometimes I wonder if "honor-based" cultures are inherently more stubborn than Western guilt-based (judeo-christian) culture. Too busy "saving face" or seeking revenge for the merest slight to our honor, rather than accepting reality, readjusting perceptions, and moving forward. My sense of history is that we used to be pretty good at that letting bygones be bygones and uniting for a greater purpose. But we don't see much of that anymore, so maybe I'm just deluding myself. Hawk