[Marxism] Interesting Developments

[S. Artesian]

I really don't think China has the desire, ability, or will to "weaken" the 
US.  The US may weaken, as the entire network of capitalism weakens, but it 
won't be China's doing.

Profitability has declined in China while fixed asset investment has 
increased-- if there ever was an indication of and recipe for declining 
rates of profit and overproduction, that is it.

Call me cynical and jaded, but I think China's asset buying spree around the 
world is a bit like the US bourgeoisie selling Japan  Rockefeller Center and 
Columbia pictures during the 80s.

China is going to be stuck with some big ticket asset items in an economy, 
domestic and international that cannot achieve the necessary return on 
investment.

But we'll see soon enough.......

----- Original Message ----- 
From: "nada" <dwaltersMIA at gmail.com>
To: <sartesian at earthlink.net>
Sent: Wednesday, May 20, 2009 10:16 PM
Subject: Re: [Marxism] Interesting Developments