China Going for Global Dominance

China has long tried to take global dominance from the US.  It’s understandable.  Any nation would want to be the most powerful in the world.  However, we are in a time when it is of the utmost importance to keep our standing in the global economy.  If we sink, we all sink.  If China keeps on, they’ll devalue our eceonomy to the point that nations will call in our debts, essentially bankrupting us.  It’s going to hurt, folks. 
 
I believe that we are in a big car driving toward a financial cliff.  The only thing we can do now is decide on which angle we hit that cliff at.  Either way, we’re still likely to go over the edge.
 
On the money
 
The yuan and the yen — the currencies of Asia’s two biggest economies — started direct trading Friday in Tokyo and Shanghai. …Market players can now swap the yen for yuan without having to use the dollar as an intermediary currency.

China’s ambition to challenge the greenback’s dominance appears to be behind the initiative, while Japanese monetary authorities are hoping the new trading mechanism will help make the yen a more widely accepted currency in global trade and investment.

Up for a fight

There is a rumor… a rumor with evidence… that China has stolen the plans to our latest and greatest fighter jet, the F22 Raptor.

The J-20 stealth fighter is the, so called, creation of the Chengdu Aircraft Industry Group for the People’s Liberation Army in China. About a year and a half ago, the People’s Liberation Army conducted its first tests of the aircraft, which is expected to be fully operational sometime between 2017 and 2019.

So China is up to their old stunts again.  Rather, I maybe should say still up their old stunts.  If you’ll remember China was accused of hacking into government and private industry computers in the recent past.

China will stop at nothing to eventually ruin the US’s economy, defense, and our way of life, people.  When are we, as a nation, going to learn not to trust unfriendly and enemy nations.  We get our oil from countries that do not like us, we trade with countries that would like to see our downfall, we give to people that would like nothing more than to kill us all off.  Is it just me, or is there something wrong with that?

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