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Sunday, October 13, 2013

As America Approach Debt Ceiling Cliff, China Calls for World To De-Americanised From All Things USA

Photo Credit - Dave
Maybe because America lives in a cyberhole. Only worried about the ill-gotten-gains achieved long-term from 2/3rd of US Governmental functions shutdown and our U.S. Currency plus Bonds Faith Debt Limit Default bell sounding off in less than 96 hours and counting. 

Meanwhile, China's paying close attention. As the holder of over $1.28 trillion Treasury Bond debt which can be called for full payment due at anytime, when China talks, Americans should listen.

Photo Credit-Washington Post
On October 12th China's state own news agency Xinhua issued a commentary piece encouraging the superpower nation to De-Americanised itself from all things U.S. of A. proper, along with the rest the world. 
"As US politicians of both political parties (fail to find a) viable deal to bring normality to the body politic they brag about, it is perhaps a good time for the befuddled world to start considering building a de-Americanised world," the commentary on state news agency Xinhua said.
So what does this mean for the common everyday American?

Plenty as China is close friends with another large Superpower nation sharing tempered relations with the U.S., Russia and its' leader Vladimir Putin. Remember the cyberhole just resolved so to speak, less than two months ago of a potential war with Syria? Yes, that Vladimir Putin.

Today, U.S. Dollar Currency and Treasury Bonds are used as the World's accounting standard. Sounding an alarm in advance, China news agency Xinhua is stating in the simplest terms its' high time to break up the marriage and formally start divorce proceedings. As America's Government inability to not act like spoiled children threatens to take the World down with it. 

"The cyclical stagnation in Washington for a viable bipartisan solution over a federal budget and an approval for raising debt ceiling has again left many nations' tremendous dollar assets in jeopardy and the international community highly agonised," said the commentary. 
Instead of honouring its duties as a responsible leading power, a self-serving Washington has abused its superpower status and introduced even more chaos into the world by shifting financial risks overseas," but equally stoked "regional tensions amid territorial disputes, and fighting unwarranted wars under the cover of outright lies" the commentary said, referring to Iraq.
To say the World and especially China is tired of our mess is an understatement. Two roads can be taken, neither of pathways less curved than the other. One, ignore China and hold up our flag to denote strength in a Superpower while our U.S. Congress cannot manage to pass a Continuing Resolution for funding Government services and threaten to default on its' debt. 

Or two, hope that Putin and Chinese Prime Minister Wen Jiabao are not engaged in secret meetings to overthrow whatever tenets of Democracy is left in America by demanding full payment on a $1.28 trillion dollars in debts owed to China, we cannot pay.

Thanks U.S. Tea Party Patriots, far-right Congressional leaders in the House and Senate, along with Canadian born U.S. Senator Ted Cruz. Instead of making a lame-attempt to destroy the Presidency of Barack Obama, if China calls for full payment of our debt tomorrow or Wednesday, October 16th one day before America defaults on our debt ceiling, the juvenile antics could result in ending America as we knew it.

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