The Most Important Thing I Have Ever Written

The Beginning Of The End - The New Novel About The Future Of America By Michael T. Snyder
Kindle Version Of The Beginning Of The End
Survive After Collapse
The Mystery Of The Shemitah
Blood Moons Mark Biltz
Soul Deceiver
Power Companies HATE This Man...
Power companies are scared that people will learn how to slash their bill and beat Obama's electricity monopoly using this 47-year-old patriot's "weird" trick. See how before they shut it down.
The End of Obama? Approaching Obama scandal could change the White House Administration and our country overnight... Click Here
Gold Buying Guide: Golden Eagle Coins

Recent Posts

Archives

40 Ways That China Is Beating America

40 Ways That China Is Beating AmericaChina is wiping the floor with the United States on the global economic stage, and most Americans are so clueless that they have absolutely no idea what is happening.  The number one global economic superpower is in an advanced state of decline, and the number two global economic superpower is becoming stronger with each passing day.  Unless something truly dramatic happens, it is only a matter of time before China overtakes America and become the dominant economic force on the planet.  In fact, China is already exercising economic superiority over the United States in a whole host of ways.  China produces more goods than we do, China does more total trade in goods with the rest of the world than we do, China produces more cars than we do, China produces more gold than we do, China consumes more energy than we do, China produces more coal than we do and China produces more steel than we do.  Every single year, we buy far more from them than they buy from us, and this has made them exceedingly wealthy.  Our politicians regularly make trips over to China to beg them to lend us back some of the money that they have taken from us.  Today, we owe China more than a trillion dollars and the Chinese are sitting on the biggest pile of foreign currency reserves that the world has ever seen.  All of this wealth has fundamentally transformed the nation of China over the past couple of decades.  Just check out the startling photographs of China from space in this article that show how China dramatically changed between 1992 and 2010.  As China continues to become stronger and as America continues to become weaker, will our children some day wake up in a world where the Chinese are telling them what to do?

China became the number one exporter of goods back in 2009, but now China has reached another milestone on the road to global economic dominance.

When you total up all exports of goods and all imports of goods, China now conducts more total trade in goods with the rest of the globe than the United States does.

China’s emerging role as the dominant player in global trade is shaking things up all over the planet.  The following is a brief excerpt from a recent Bloomberg article

China’s growing influence in global commerce threatens to disrupt regional trading blocs as it becomes the most important commercial partner for some countries. Germany may export twice as much to China by the end of the decade as it does to France, estimated Goldman Sachs Group Inc.’s Jim O’Neill.

“For so many countries around the world, China is becoming rapidly the most important bilateral trade partner,” O’Neill, chairman of Goldman Sachs’s asset management division and the economist who bound Brazil to Russia, India and China to form the BRIC investing strategy, said in a telephone interview. “At this kind of pace by the end of the decade many European countries will be doing more individual trade with China than with bilateral partners in Europe.”

If current trends continue, what will the world look like in 10 years?

Will the Chinese dominate the entire global economy?

What would that mean for America?

Sadly, Chinese dominance is already having very serious negative consequences in this country.

The following are 40 ways that China is beating America…

#1 As I mentioned above, when you total up all imports and exports of goods, China is now the number one trading nation on the entire planet.

#2 During 2012, we sold about 110 billion dollars worth of stuff to the Chinese, but they sold about 425 billion dollars worth of stuff to us.  That was the largest trade deficit that one nation has had with another nation in the history of the world.

#3 Overall, the U.S. has run a trade deficit with China over the past decade that comes to more than 2.3 trillion dollars.

#4 China now has the largest new car market in the entire world.

#5 China has more foreign currency reserves than anyone else on the planet.

#6 China is the number one gold producer in the world.

#7 China is also the number one gold importer in the world.

#8 The uniforms for the U.S. Olympic team were made in China.

#9 85 percent of all artificial Christmas trees are made in China.

#10 The new World Trade Center tower is going to include glass that has been imported from China.

#11 The new Martin Luther King memorial on the National Mall was made in China.

#12 One of the reasons it is so hard to export stuff to China is because of their tariffs.  According to the New York Times, a Jeep Grand Cherokee that costs $27,490 in the United States costs about $85,000 in China thanks to all the tariffs.

#13 The Chinese economy has grown 7 times faster than the U.S. economy has over the past decade.

#14 The United States has lost a staggering 32 percent of its manufacturing jobs since the year 2000.

#15 The United States has lost an average of 50,000 manufacturing jobs per month since China joined the World Trade Organization in 2001.

#16 Overall, the United States has lost a total of more than 56,000 manufacturing facilities since 2001.

#17 According to the Economic Policy Institute, America is losing half a million jobs to China every single year.

#18 China now produces more than twice as many automobiles as the United States does.

#19 Since the auto industry bailout, approximately 70 percent of all GM vehicles have been built outside the United States.

#20 After being bailed out by U.S. taxpayers, General Motors is currently involved in 11 joint ventures with companies owned by the Chinese government.  The price for entering into many of these “joint ventures” was a transfer of “state of the art technology” from General Motors to the communist Chinese.

#21 Back in 1998, the United States had 25 percent of the world’s high-tech export market and China had just 10 percent. Ten years later, the United States had less than 15 percent and China’s share had soared to 20 percent.

#22 The United States has lost more than a quarter of all of its high-tech manufacturing jobs over the past ten years.

#23 China’s number one export to the U.S. is computer equipment, but the number one U.S. export to China is “scrap and trash”.

#24 The U.S. trade deficit with China is now more than 30 times larger than it was back in 1990.

#25 China now consumes more energy than the United States does.

#26 China is now the leading manufacturer of goods in the entire world.

#27 China uses more cement than the rest of the world combined.

#28 China is now the number one producer of wind and solar power on the entire globe.

#29 There are more pigs in China than in the next 43 pork producing nations combined.

#30 Today, China produces nearly twice as much beer as the United States does.

#31 Right now, China is producing more than three times as much coal as the United States does.

#33 China now produces 11 times as much steel as the United States does.

#34 China produces more than 90 percent of the global supply of rare earth elements.

#35 China is now the number one supplier of components that are critical to the operation of U.S. defense systems.

#36 A recent investigation by the U.S. Senate Committee on Armed Services found more than one million counterfeit Chinese parts in the Department of Defense supply chain.

#37 15 years ago, China was 14th in the world in published scientific research articles.  But now, China is expected to pass the United States and become number one very shortly.

#38 China now awards more doctoral degrees in engineering each year than the United States does.

#39 The average household debt load in the United States is 136% of average household income.  In China, the average household debt load is 17% of average household income.

#40 The Chinese have begun to buy up huge amounts of U.S. real estate.  In fact, Chinese citizens purchased one out of every ten homes that were sold in the state of California in 2011.

Are you starting to get the picture?

And in the years ahead China is projected to become even more powerful economically.

In fact, the IMF is projecting that China will surpass the United States and become the largest economy on the planet in 2016.

That is just three years from now.

Nobel economist Robert W. Fogel of the University of Chicago is projecting that if current trends continue, the Chinese economy will be three times larger than the U.S. economy by the year 2040.

Could you imagine a world where China has vastly more economic power than the U.S. does and dictates the direction of the global economy?

That is where we are heading.

The dragon is rising and the torch is being passed.

So how do you think all of this will end?  Please feel free to post a comment with your opinion below…

China vs. America - Photo by Wangdora92

  • Prepaired Painter

    It will end in war.

    • WarriorClass3

      Sooner than you think.

    • Arclight

      America lost its balls decades ago; at this point the Chinese could do whatever they want and America would take it as long as money is involved.

      • Ahmed

        upnormal Capitalists Americans not walking, they are running as happy losers backward saying we are savaging.

  • Riddler

    Well…DUH….you needed to make a list?

    Unless they crash like Japan, the Chinese aren’t going away any time soon….

  • Johnny Tremain

    It will end in China ruling the world.

    • http://www.facebook.com/people/Tatiana-Covington/100002159242044 Tatiana Covington

      And the other planets.

    • Birger_Skruddusvingen

      “It will end in China ruling the world.”

      That’s going to upset the Muslims.

  • Syrin

    According to a DHS insider, it will end with China LITERALLY occupying oil rich chunks of US land and extracting our oil to pay off our debt to them. China is behind the gun grab, and if you paid attention, you would have noticed that they made an OFFICIAL statement about getting guns out of OUR hands after the staged Sandy Hook event. They don’t want us to be armed when they come to take our resources.

    • 2Gary2

      interesting. I had not thought of this.

      I think it would be a lot easier to tax the rich and spread the wealth so we need not worry about any debt as we will not have one. Tax the corporations and spread the wealth.

      Income inequality and wealth inequality are the root of the problems. The rich MF need to pay their fair share.

      • Robert (qslv)

        Too late, Gary. JFK wanted to end the FED and back our dollar with silver. He was dead within 6 months. Your rich are not tethered to the US, but live internationally and own the countries where they bank. Open your eyes. If you try to tax them, they will find you and kill you and your family, too. Everytime you drone on with the same post ad nauseam, you lose all your credibility.

  • THEanon

    The solution is simple, we get Obama to make us a Death Star, move the entire population of USA onto it, along with out allies, and then proceed to wipe the Chinese off the face of the universe. Also, we use Chinese resources, an Chinese labor to build it, and when china wants its money back, we blow up the planet. Problem solved.

    • jsmith

      Don’t be silly Theanon. This is not going to happen. The Chicoms are outsmarting our leaders or just plain buying them. It’s our corporate leaders that are destroying us also. Don’t blame them. We are the dumb ones!
      This is an economic war. And they are winning!
      Buy American, or bye bye America!

      • THEanon

        Well I am being silly, live with it.

  • THEanon

    Also, the Chinese are getting “better” because there are more people in china, which has a negative effect as well. For one, the Chinese are choking on their own exhaust, their cities are covered in smog, and there is increasing problems of overpopulation for them. The best the USA can do is hope to outlast them, because unlike us, the Chinese have no base, their economic success is based on fast progress. Therefore, if they stall, they fall all the way to the bottom. While the USA took years to get to its success, and therefore is much harder to topple than china.

    Solution:
    Patience, the Chinese will eventuall stall, and fail. All we have to do is outlast them.

    • jsmith

      I disagree, it reminds me of America growing and growing in the past. We only stopped growing because as the article points out, we sent our jobs to China along with our factories due to corporate greed and politicians that have sold us down the river. Why just the fact that the Chicoms have to pay $85,000.00 for a Jeep, tells me that our trade reps have sold us out, instead of telling there Chicoms to play fair. What we should do is tell the Chicoms that unless they play fair, we are going to slap a 25 to 50% import duty on them, like they do to us! And that’s is on everything they send us!

      And I’m sorry Theanon, I’m 63 and I don’t have time to outlast them. America doesn’t have time either!

      • THEanon

        So you die happy knowing that the problem is your children’s, not yours. And yes, America does. China will test our patience, but in the end, they are just as dependent on us as we are on the. The worst that could happen is we both fail, in which the whole world is screwed, nor just the USA.

  • Scott

    China is not without its problems and has had to recently roll over massive amounts of its own debt to avert a massive default. Seems like China is becoming more like us with its debt fueled economy.

  • Ol’ Grey Ghost

    Mike, you forgot to mention the Chinese want the American people disarmed. Landlords always hate to evict a destitute tenant that has a gun…

    • Swingfire

      Right, because if there’s one thing that’s gonna get in the way of the largest modern army on the planet it’s a guy with an AR15 and a self-defense course under his belt.

      • Andy Li

        Pretty sure China’s army is much larger than the US’s (~50million in reserves) and better equipped too.

  • mollysdad

    What we’re looking at is a demonstration that America’s great experiment in ordered liberty has failed. Liberty cannot sustain a civilization for any length of time. Only virtue can do this, and sometimes it has to be enforced by authoritarian methods of rule.

    What I mean is this. ‘Freedom’ means freedom for the rich to make money at the expense of everyone else, and freedom for everyone to sleep around and generally do as you please.

  • RJVB

    You forgot to point out the 1.5 billion people they have and you better look at the real economic numbers. If you do that you will discover that we are all being lied too. China is in bigger trouble than us. It doesn’t make any difference what the “experts” say or tell you. THEY ARE ALL LYING !!!!!! Every single nation (but Iceland) on the planet are going through economic collapse. They rigged it, they broke it, they lie about it and are now scared shit-less because if the average person ever figures out what they did they will all be hanging from the end of a rope.

    Might want to get some extra rope and plant some trees, I think we might need them in the near future.

    Truth points to itself.

  • PALADIN

    This has been in the works since 1999.
    Google “Unrestricted Warfare” It’s availiable in PDF format on a number of sites.
    War with China is inevitable.
    Get Ready for it.

    • drooby

      So you’re suggesting nuclear warfare is going to be the conclusion to this case? I guess, China won’t be the next superpower because the number 1 and number 2 superpower will be back to the stone age.

  • Lops

    The Chinese are buying real estate since the Homeland is so overpopulated; they’ll begin moving Chinese citizens to the US mainland and a takeover will begin. They know that diehard (real) Americans will resist this, which is why they want gun control.

    A war is coming.

  • Guido

    You know what? I don’t really mind a bit. America did it to itself. It isn’t like we’re victims of anything but our own greed and decadence. We have suffered from immoderate prosperity for so long, we’ve become soft and weak. It is only fitting that others hungrier than us supplant us on the global stage.

    But I don’t think it will really be China, either. China’s growth was only possible with lots of cheap oil and cheap dollars. That is coming to an end. Remember 30 years ago when everyone was dead certain the Japanese were about to rule the world and it didn’t happen? I think China will go the same way, sunken by our greed and theirs.

    I kind of figure China’s internal contradictions will tear them to bits. For instance, China’s inland peasants haven’t seen the same success the coastal provinces saw. They’ve got a huge problem with trying to keep a lid on demand for freedom and the trappings of middle class success. According to some economists, China must keep up 8% growth, no matter what, which could explain the strange empty cities they’ve constructed. They suppose if the growth flags, the nation will riot. The workers busy making all the crap we consume are so sick of their working conditions, they’re willing to commit suicide. They even put Help Me! messages in products for export. They also have an incredibly corrupt system, from which trillions of dollars are stolen every year and moved to the West by government bureaucrats and connected businessmen. And they also face an imminent ecological collapse, leading to the question, just how important is economic success if you can’t breath?

    Once the dollar dies, I can only imagine China will be in deep trouble.

    • Tempus Omnia Revelat

      well said, sir, well said….

    • Cronos17

      Well said,
      China’s steel is way ahead of ours because they regard it as a sign of prosperity, the Chinese government is in the process of subsidizing more steel mills, when they already produce more steel than they can sell or use.

      China’s trading is way ahead of ours because their domestic demand can’t support their economic growth. In other words they are an export dependent economy.

    • Nexusfast123

      Good comments…if China cannot export tens of millions are out of work and they have no safety net. Tens of millions of hungry people may get a bit upset.

      • THEanon

        EXACTLY, china is no better off then we are!

    • THEanon

      HAN SHOT FIRST!!

    • Andy Li

      No, China is even BETTER off than the US than you think.
      The US has %37.2 unemployment and %20+ on food stamps.

  • 2Gary2

    Tax the rich and spread the wealth–this then will no longer be such a big issue.

    • Birger_Skruddusvingen

      “Tax the rich and spread the wealth-”

      That sounds like socialism. I don’t think that’s ever going to work.

  • Piglet

    [Our politicians regularly make trips over to China to beg them to lend us back some of the money that they have taken from us.] The money wasn’t “taken from us.” They sold products and we bought them. Fair enough. We may not like it that we’ve lost so much economic strength to China, but that’s our fault, not theirs.

    [As China continues to become stronger and as America continues to become weaker, will our children some day wake up in a world where the Chinese are telling them what to do?] For many decades the US was quite content to tell the Chinese (and many others) what to do, to include having the largest number of US troops occupying a foreign country until the post-WW II occupation of Europe. We’ve forgotten how we and and many European nations exploited China for many years. They have not forgotten, and their day has arrived. We might as well get used to it and quit denying the new reality.

    Those who advocate war with China to recover US dominance forget that we’d have to borrow money from China to pay for the war and for US weapons systems we’d need the rare earth minerals that so often only exist there. Checkmate. They’ve already won before the first shot could be fired.

  • Lead, not follow

    One out of every 100 shipping containers can ever be checked at the ports of North America. Imagine how many PLA have been secreted into the continent over the years!
    You ask where they might hide out…
    Pre-positioning after a strategic beach head has been secured means that the big coastal cities of the western shores of our continent fit tidily into such a scenario.
    Our grandmasters the CEOs of big corporations and the leaders of our gov’t have sold the land from under our feet!
    We are paying the price now… so, when will the culprits have to pay their own ‘dues’.

  • Chris

    This is not by chance Michael and you know it. China has been set up to become the Global power of the 21st century and the people responsible for this reside in your own country in positions of very high power.

  • Otto Schultz

    what is the 32nd way. It is missing in your article

  • Colin

    For those who believe that only people on the right are worried about what is happening in the global marketplace, I present this article from the Daily Kos. There are people on the left who are likewise worried. The issues is this, how do we reconcile our differences so that can come together to find a solution to this emerging crisis?

    * http://www.dailykos.com/story/2013/02/15/1187315/-Austerity-Plot-to-Reduce-Working-Conditions-And-Wages-to-Those-Prevailing-in-Asia-And-Latin-America

  • amanda

    China is also the largest aluminum producer producing five times more than #2 Russia. The Chinese produce more steel by over two times than the #2 producer the EC(17 countries combined). China is the largest producers of ships by tonnage with over 40% of world production. China is the largest producer of motorcycles,bicycles,cellphones,cameras,small appliances,textiles,furniture,tires,consumer electronics,industrial cranes and the list goes on and on. China has built the fastest train network,the top two longest sea bridges,the worlds most powerful crane,the largest airport(Beijing International),50,000 new skyscrapers by 2025,largest mall,rumors of a 3000 mile tunnel that has been built by the military and so many other monolithic infrastructure feats that are without compare. Youtube is a great source to view all these structures. Its amazing. American companies are investing enormous sums in China. Caterpillar has 16 plants in China now. GM builds more cars in China than in the US. John Deere is building $100 plus million engine plant,Ford announced a new engine & transmission plant with a combined investment of $700 million. And many many more investments can be viewed by simply Googling like I do.

  • Lars

    Michael C. Rupperts daily Peak Oil Blog

    http://www.fromthewilderness.com

    LaRouche Movement against neoliberal Free Trade

    http://www.larouchepac.com

    EIR News beside Mainstream Medie of the corporations and banks…against the Monetarism of the Chikago School of Economics of Milton Friedman

    American Free Press

    http://americanfreepress.net/

  • omniblender

    China is lying about its figures left and right. I don’t believe a thing. Just look at all the ghost cities they built just to induce economic fake growth. They will have to tear those sky scrapers down since nobody is living in them. This is a bubble that will burst. It will make our real estate bubble of 2008 look like a walk in the park.

    And don’t forget that most of the chinese technology is copied from ours. They are not unique innovators. Never will. They are just copy cats.

    And to take away our arms, as I have read in some of the other posts, that is nearly an impossible task with over 350 million weapons in the hands of our citizenry.

    still, I think it is time be prepared for the worst yet hope for the best.

    good luck

  • Ramesh

    USA still become no 1 in all respect if they want. Stop money wastage to Pak, useless fight with gulf countries.Now focus on china only obstruct sea route get more money as taxes.
    Give more support to Taiwan, Philipines, Vietnam, India, Kazasktan. Make Tibet free, Inner Mongolia free.

  • bill

    Think about how smart our politicians really are. They are destroying the middle class by taking away our jobs but who do they think will keep the lights on after a storm, unload the goods in a ship yard and transport them, pick up their garbage and for the Hollywood crowd buy their movies and music. They are all idiots because I won’t give in to the maggots of society aka Nancy Pelosi, Harry Reid and so on.

  • GG

    Do not blame others. You are responsible for your own destiny.