Did Copenhagen change the US in a way we never thought of ?

So the chief US climate negotiator Todd Stern thought it would be a good idea to snub China in the world spotlight while in Copenhagen. What is this guy thinking????

Category:

News & Politics

Tags:

• Copenhagen
• summit
• climategate
• Todd Stern
• China
• Global warming summit

[marypoppins2009]

So sorry to burst the bubble here..but America STILL has agricultural land, minerals, precious metals, on and on....plus, man/woman power. If the dollar

drops you can bet Americans will work hard AGAIN...stop shopping, save their money, build communities, work together (yes, even if we are mexican, indian, asian, black, white, alien, etc.)...We will still 'pull together' as we have always done.....enough said...

[RESET1776]

@marypoppins2009 the only way any of the things you listed here can go forward is if the gooberment get out of the way. We have all kinds of things that we can go after with mines and wells. But thanks to the green movement nobody can go after these things in the way other countries can. I agree with you & dont want to see this happen. But, if we dont all work together NOW in order to make changes. Well, thats where this vid comes in.

[bweazel]

Hahaha. This video belongs in a first grade class; a first grade class out of A Brave New World. This is in no way how the international currency markets work, it is in no way how the bond markets work.

China won't pull the plug, they're at the peak of a bubble, that has been funded by the rest of the world. You guys are so gullable. You think one of the poorest countries in the world per capita, which has its currency pegged to the dollar, is now somehow the richest in the world? Please

[RESET1776]

Think of it how you may. But they have used our dollar to buy into or off most major counties. They have their own markets in place and it's becoming clear that they are shifting away from the dollar. At this point we consume far more then we produce. That cant last. No matter how you look at it. We are getting close to being more of a debt to China. Once that line is crossed it will be their call if they please. After all they now own big parts of the rest of the worlds markets.

[bweazel]

There is no evidence that China or the US has become a liability or an asset of the other. I agree with you. Consumption cannot continue, but it is a world problem, not just an america problem. They are currently facing all the same problems we are, it's just their turn for the bubble and needless building to support the debt culture. Our turn will be rolling back around here in about a couple years. Just be patient. We'll end up sucking this planet dry.

[RESET1776]

Man I am so sorry I went for reply and hit remove. I dont remove post's very sorry. I think you have struck on my point here. They the government of China has been spending the American dollar like its going out of style. What are they buying? Things that will hold value. So now if the dollar fall's off who will lose? The people holding worthless paper or the owners of the mineral rights?

I need to get back to work for now. Please feel free to repost what I accidentally pulled.

[Anekantavad]

They were saying exactly the same thing 20 years ago about Japan. We were all supposed to be in bondage to Japan, and the Japanese were going to own the western world.

Didn't happen, did it? :-)

[drumlord420]

Very interesting! Keep it up! Look forward to more!

[bweazel]

Who is this "they" you keep speaking of? Your elected officials, that you continue to allow to do this? The fed? The oligarchs? Who exactly?

This whole "Americans consume more than we produce" is just stupid. The entire world is doing the same thing we are, the entire world is using credit to buy things they can't afford now. China, Brazil, US, Russia, Japan. Doesn't matter where you go. They're all guilty. Please don't be taken in by the propaganda created to make you feel guilty.

[bweazel]

Wrong. It would be very hard to profit from war if your money was worthless. America is still 100% able to produce all the goods and services it needs, it's just "cheaper" to use other peoples resources. We could still make the bombs, still fuel the planes, still makes the bullets, still train the men, still feed the men, still make the uniforms. China knows if they unpegged their currency, they would fail, China knows if they lost the interest income from the bonds they hold, they would fail.

[bweazel]

I'm sure, if the central banks of the world would actually open their books, all these countries are still very much in debt to the west. So all this bullshit about China owning America is crap. If you show us the net figure I'm sure it would be a very different scenario over who really owns who.