You seem to be sold to American ideology and supremacy without even thinking if their supremacy deserve to be idolized by likes of you. If, as you say, they are so smart and not dumb at all, and have a think-tank full of intelligence, how can you explain the current housing problems and credit issues related to over-the-top lending by credit institutes? Where as the think tank when all this was started off two years ago? Noe one could see foresee what was coming as a result of the credit policy put into practice then? The fact is that even a high-school drop out layman had the sense of knowing what was brewing behind the relaxed credit policies.
The scenario painted by the author is not a "theory": it is a reality. USA's strategic silence on everything Chinese speaks volumes about it. The US policy makers are wrongly focusing on war on terrorism - completely ignoring what is coming to them in the financial market in near future. Time is not far when every American would be cursing nixon for opening up relations with China - because that's where the roots of all the financial war lie.
