Thursday, February 26, 2009

China and the change to come

China is coming around to deal with the bigger picture, at first they did not, because they could only see, even though their economy appears to boom, it was only supporting progress in its major provinces, it was and is still aware that a vast part of its population are still operating in early 20th century process. so it would not adjust its currency nor change its course.. it tried to capture oil, by raising the bid per bbl. and the nations took it to an extreme value, to break their hold on purchase accessibility. We might not see it but the global realism is its own self correcting machine. Now, China has seen the light, and they are now making major investments in modifying their approach to new sources of energy creation. it was not going to change its currency because as a whole of nation, it saw that its wealth was far too small based on the volume and needs of its massive population, and span over years, it was not even 1/20 of what they actually need.. so they held their ground trying to make and get as much money as possible to ride the tide until it could face the change that it needs to face on currency equation. But with the advent of pursuit of new energy processes, in a few years it will make the adjustments as it learn to fuel itself different with energy creation. But it also knows now, it has to be a bigger player in political policy.. and I think the first major test they will be saddled with, is reeling in N. Korea.. and when they accept that task they will be very hard stance in their dealing with N. Korea. they can't afford not to. So far N. Korea has been a good diversion as if to be a smoke screen of distraction.. but they can no longer afford to pay that game. China can force N. Korea to nearly shut down.. with the stoke of a pen.. and they know it, and N. Korea knows it.. so they will find their ways to do it effectively, so they don't have to keep doing it- they are not interested in fixing and re fixing it.. they will do it in a way, that it will have a resounding impact. Forcing sustainable change. China now has global responsibility, and it is making changes to accept that role..but it has to be done with great care in process and manner.

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