Why are you so afraid of China?
Fareed Zakaria vs Joe Klein?
Warning: a very unimportant post I dedicate to myself.
I AM NOT a foreign-policy expert, I think you all know that. But I have been reading China for, uhmm, some months now [lol], it makes me believe that they are that powerful. Well, at least to mesmerize me.
That — as a friend put — most capitalistic commie country has been giving me the wow and ah! and ouch, every time I read the reports in the media.
And Time magazine October 18 issue gave me those wow, ah!, and ouch, again. My favorite columnist, former Newsweek’s, Fareed Zakaria wrote his first cover story [for Asia edition] on Time. And what was it about? China.
He wrote that America doesn’t need to take Chinese currency manipulation as the main issue. And a deliberated bill to punish China is not the instrument to save their economy, “structural reforms and major new investments to make the U.S. economy dynamic and its workers competitive,” Fareed wrote.
The recent bill passed by the American House of Representatives to punish China for keeping their currency undervalued [apart from the fact that that's true] “is at best pointless posturing and at worst dangerous demagoguery. It won’t solve the problem it seeks to fix,” Fareed cited.
I finished reading that, and directly turned the page, and found this: Joe Klein’s America from the Road. It told Klein’s 24-day, 6,782 mile journey by car from coast to coast. This is where the FUN began.
