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... On Sat, 5 Sep 2009 21:26:24 -0700, "nom=de=plume" wrote: The only real "fix" is to rebuild American industry and start making things here again instead of just creating "prosperity" on paper. That may bump into the carbon tax problem. China is building new coal plants at a rate of 2 a week to fuel their factories. If we can't find a way of coming up with the energy to compete with that in some acceptable and economically feasible way we will never dig our way out of this hole. I agree. We certainly have the brains. We absolutely need to address the global implications of China's plants. Doing something by ourselves (talking greenhouse gases) isn't the ultimate solution. It needs to be a global effort. We have (and will have more) influence around the world. We need to use our influence and power for good. Unfortunately our power and influence is slipping away very quickly. In a decade we may be about as important as France, Spain and the UK. Old empires desperately trying to cling to past glories. China may just call the debt and do what the Soviets couldn't do with 10,000 nuclear weapons ... bury us. Well, I'm not that worried about China. They need us in some ways more than we need them. I read somewhere about the consequences of them pulling the plug on credit, and the conclusion was that they would suffer more. In some ways, I'm more concerned about the "new" Russia. While they certainly have their own economic problems, they also have a very strong nationalistic bent and the money to push. I'm also concerned about Pakistan/India. Talk about mutual paranoia... with nukes to boot. -- Nom=de=Plume |
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