Tarpley: US exports depression to China

If you look at the global economy and take a look at growth, China is in the lead and in some cases is leaving the world in the dust. Is China to blame for the recession in the United States and has the US declared economic warfare? Maybe it is time for America to take a page out of China's playbook for economic success. Asia Times correspondent Pepe Escobar and Investigative journalist Webster Tarpley join RT's Kristine Frazao to discuss the world's economy and Chinas place in it.

Category:

News & Politics

Tags:

• Kristine Frazao
• Webster Tarpley
• Investigative Journalist
• Pepe Escobar
• Asia Times
• Yuan
• China
• global economy
• economics
• money
• finance
• free trade
• US
• British
• mercantilism
• competitive devaluation
• depression
• economic warfare
• politics
• currency
• dirigisme
• RTAmerica
• RT America

[theavatarstudy]

In fact what really is going on is that US is trying to DEVALUATE its currency as most as possible creating the biggest INFLATION EVER so that when selling to other countries the world community has to pay with hugh amounts of dollars. In other words US is TRansferring all the burden plus hurting into the world community. Us wants the world to transffer its good into the US and that the world remains broken with all that burden.

It is a CRIMINAL ACT BTW !!!

[M3diaCultur3]

@Rocketeer1001 well, it's not like china promotes democracy lol! even theyd be the first to admit that theyre not a democracy.

and pepe escobar isnt a communist, nor is russiatoday a communist media outlet, if that's what you were implying as well.

but that's not really the point here. the point is america is on the blame game. instead of admitting their own faults and blaming themselves, they blame others. no person, no country can learn from that with that kind of attitude.

[1XMarksSpot]

@Bigbird5553 It might be common sense that local goods keeps money within the local economy, but you have no right to tell others (in your own country or others) what is best for them at the moment or any other moment. What you can do is provide recommendations on what YOU would do and your reasoning behind your actions. If you don't understand that, then I don't know what to tell you.

[Bigbird5553]

@1XMarksSpot It's common sense that buying only local goods keeps your money within your LOCAL economy. Meaning you have more a chance for it to benefit you. ,and your country. It's telling your OWN country not other countries how to behave. If you don't get it... then I don't know what to tell you. Read a book.

[1XMarksSpot]

@Bigbird5553 Yes...because the US telling other countries how they should and shouldn't live has done such a great deal of good for the US so far...Get your head out of your ass. People buy Chinese goods because it's primarily cheaper. The 2nd reason is that China manufactures most of the goods consumed by the US. Besides, you deciding what's best for the US at the moment is no different from those politicians on Capital Hill deciding what's best for all Americans at the moment.

[Bigbird5553]

@1XMarksSpot Yes I am going to tell the entire USA that because it's OBVIOUS. It's simple to know why it's beneficial and it's a simple message that leads towards success. It's not about ego, but what's the easiest path to success. Putting your money into an economy that has no chance to come back to you is a bad strategy. My question to you is... what do you stand to lose if this happens? (the reason for your reply)

[1XMarksSpot]

@Bigbird5553 And who are you again? You're going to tell people what's best for the USA at the moment? Big ego you have there.

[Bigbird5553]

It's the duty of every American to buy American goods and only American goods no matter the cost, the long term gain will be worth it. That's what's best for the USA at the moment.

[MrTGolden]

Webster Tarpley is spot on! A man in touch with American history, particularly the American System of Political Economy -- the model of Alexander Hamilton, Henry Clay, J.Q. Adams, Abe Lincoln and FDR. Anyone wishing to right the nation need understand the American System, such as these men promoted it. There is no other credible solution to our current financial insolvency existing amidst a physical economy operating way below breakeven.

[quadcatfly]

DUCATI !!!!!

[SnazzyService]

WHITE LAST NAMES 2 VOWEL AND 1 VOWEL PINK IS NORTH IS CHINA FALS JUDGE UNIFORM NEO FASCISM AFRICAN WOODS HAIR , AFR / SAUDIA / BRA / NORTH-AMERICA ... STUDY KARPERVIS.TRIPOD.COM