Asia is our friend

We see growing fear of China in our media and government circles. Not only is China feared but all of Asia really. It is generally recognized that our economic fate is in their hands. At least the fate of the dollar is in the hands of Asian central banks, particullarly Japan, China, Taiwan, Korea, and India. If these folks sell their dollars, which they already have begun doing, say goodbye to the dollar's value. These countries are recognising or already have identified the next phase of the global economic game. This phase is commodity acquisition, real goods. Thus we see China buying up most of the world's steel, cement, copper and other limited resources. They definitely know the name of the game.

I say sell those dollars! The sooner the better.

Why?

Because this will force us, here in America to wake up. Examine what we are doing, not only to the world but to ourselves. We can then make decisions that are more human centric. A massive recession is an opportunity to reevaluate our alienating economic system and ask ourselves what is really important. I think after much hardship that this type of situation will actually bring people together and we may have the opportunity to participate in real community. Imagine that! Human interelationships with meaning. Depending on each other for things.

So towards this end I say Asia is our friend. We do not fear a dollar selloff. In fact we welcome it. Also we have no desire to antagonise or patronise Asia. We think you are interesting Asia, and would like to be your friend into the future. California is not Washington. We want to cooperate in a spirit of mutual respect and benefit.