Playing “Chicken” with the World Economy

 

Nobody wins when you vie for superiority.  Why?  You have disclosed your intent and can never be trusted again.  You have based your relationship on fear and the other party will figure out a way to depart from the relationship, one way or another.  You have changed the course of history.  The President and Congress have placed America at risk.  The rest of the world looks on as both sides accelerate to the point of no return.  Who will flinch first?

Meanwhile, China looks on with great disgust.  How can the world be put in subjection to risky American politics?  What measures will they take to protect themselves from the fallout of the unrighteous actions of a few hundred in Washington?  We must all conclude that other nations will not forget this.  They will move their economies and currencies away from the impact of a U.S. centric world.  American politicians are arrogant enough to think that we are too big to be removed from global leadership.  Who are we kidding?

See: http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11136351

See: http://www.reuters.com/article/2013/10/07/china-usa-shutdown-idUSL4N0HX1HJ20131007

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