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Obama Tells China How It Is Going To Be

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rsmith6621 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-02-09 10:13 AM
Original message
Obama Tells China How It Is Going To Be



Heard on MSNBC this morning that President Obama has told China that they better start developing a manufacturing base for their own country and developing a middle class society.....because he said they will soon not be depending on ours to support theirs


Go Get Mr President....
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BeFree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-02-09 10:33 AM
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1. Obama recognizes that America
... has reached its peak?

No longer will continue to grow and demand from other countries the way we have been. That if the world wants balance, and the world does, then not only will America come down a notch or three, but the rest of the world must come up?
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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-02-09 10:40 AM
Response to Reply #1
3. He's saying that wanton consumption here, which is the only real thing fueling most of these
export economies is a thing of the past. They should not structure their economies around it. China needs us desperately to keep consuming because that's where the bulk of their growth has come from.
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BeFree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-02-09 11:11 AM
Response to Reply #3
4. Yep
It's all downhill from here! Hey, it was fun while it lasted.

Question is: when do we reach the bottom, or, when do we reach a balance with the rest of the world?
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AtomicKitten Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-02-09 10:37 AM
Response to Original message
2. I guess when he said, "Let's go change the world," he meant business.
:thumbsup:
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