Advo i guess you must love in the US just like Basra here.
that silly article from standard and poor is pathetic and is completely discussing a different subject.
yes its not about GDP its not even about the quality of exports like in Japan.
China is undergoing a change in direction from export oriented development towards internal development.
To do that they need to do 2 things
1. Escape the dollar trap
2. Secure resources
If they pull it off and it looks like they are , they will change the entire story.
Standard and poor and their ilk cannot see clearly through those neoliberal glasses,
they think the economy works only the way they were taught .
The chinese system is stable and it seems more accountable than the american system of today,
and we expect a worsening situation in the future,
politically you are headed into dark times, the patriot act was a trail and things will get really interesting from a civil liberties point of view.
say goodbuy to allot of your freedoms.
The constitutional democracy is on its death throws, by the time there is serious opposition and the US public wakeup it would be too late
and the streets will be patrolled by drones.
They have already approved drones for the FBI and soon your local Police department.
I am surprised that the future of the US seems to be heading the direction of allot of the plots from cyberpunk B -movies in the 80's.
