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Looks Like We're All Communists Now

Movie stars are paid for their performance but bankers' pay and compensations have nothing to do with their job performance.

The real problem with bankers is that they steal too much. This legalized thievery must be stopped ASAP. The thieves must go to jail and their loot must be confiscated.

China's Economic Prowess Predicts Geopolitical Change

The author is correct: a major geopolitical realignment process is on.
This is indisputable.

China growth and US decline in military and economic areas are also the facts.

Communism is not dead as the Western propaganda told us million times. Chinese communist rulers were much more wise and flexible than their Soviets counterparts. It is very obvious that American crony-capitalism is much less viable than Chinese free-market communism.

However, somehow people forget about other major world players such as Japan and Russia.

The bottom Line:
- The present geopolitical realignment process is not a simple one and is very unpredictable. Who could imagine just 25 years ago the Soviet collapse and the China rise?

- At the same time, US political and economic elite is totally clueless about the world processes and the consequences of their actions.

- Finally, as I stated many times on "Seeking Alpha", the present American situation is very reminiscent to the Soviet one just 15-20 years ago prior to major Soviets convulsions took place.

Geithner on Yuan: Misstep or Warning Shot?

MJJP wrote:

"I am not against free trade as long as it is fair trade."

Well, well, well. The interpretation: "Free trade" is good as long as it is under my conditions.

Word "fair" is tooooooooooo flexible. So let us stop BS right now. Free-trade is a free-trade with trade-barriers removed. Period.