The China Challenge
Trade Deficit with China
Why Get Involved
Chinese Made Cars


FAST FORWARD 2025

After we parked our new Chinese made Ka-ching and started walking into the mega-mall we were promptly greeted with "Welcome to Wang-Mart, the largest retailer and employer in the world." The Chinese had wisely used part of their growing trade surplus with the US to purchase Wal-Mart as well as increasing amounts of US government debt.

After the decline of American Empire back in the 2010's, the China National Export Corporation or CNEC assumed the liabilities of the newly bankrupt Social Security Administration. The glut of retiring baby-boomers made this incredible scenario possible by refusing to accept a reduction in benefits from the SSA. The debt burden being placed on our young people was also not acceptable at the time. We didn't learn our lesson from the unfunded pension liability and legacy cost that helped finish off Detroit. Unable to confront the brutal facts we again ignored a pay as you go plan for another pyramid scheme - this time on the backs of future generations - our children. Mutual funds tanked next after the huge amount of baby boomer withdrawals putting more emphasis than ever on the promise of our Social Security payout. It just had to be secure - wasn't it? We lost our mutual funds, our IRA's and depleted the equity in our homes. It just had to be.

"You can now exchange your entire Social Security allowance for Chinese made goods and services right here at Wang-Mart."

Since the WTO imposed the mandatory energy usage equalization policy Americans are no longer able to consume 50% of the world's energy with only 5% of its population.

"I can help you position your new Sino Craft solar powered rice cooker to achieve maximum results without using up any of your power allotment," the salesman added.

"I was an engineer before the fall of empire so I actually do know how it works," he continued.

After we neglected our manufacturing industries for over twenty years we eventually lost our economic freedoms.

"Remember the deflation of the 2010's?" Once the Chinese had us living fat, dumb and happy - and had our manufacturing down to less than 5% of our GDP, they went for the kill. The setup for the kill was a period of unsustainable prosperity for Joe six-pack and his family. Even after he lost his manufacturing job and was absorbed into the service sector by Sino Lawn Services Company, somehow it seemed that their standard of living was still increasing. The prices of manufactured goods continued to decline as Chinese goods and also goods by Chinese controlled Asian and African countries literally poured into the USA . Most of these products included free five and ten year warranties allowing Sino Service to quickly and easily gain control of the service and repair market in the USA as well.

The Chinese continued their trend of no interest financing for Chinese made goods on their "China Charge Cards." This coupled with free installation, home delivery and set up with lifetime warranties put any remaining US manufacturers out of business in short order.

Of course you have all heard of the Chinese five year plans and some of you have suspected a ten year plan existed however at this point the secret Chinese fifty year plan for world domination entered a critical phase.

While US exports ground to a virtual halt service wages started to accelerate their decline. With no manufacturing jobs to establish a base rate for labor most service jobs declined to just above the federal minimum wage guidelines.

To prevent widespread panic and instability the now Chinese owned HSBC expanded their program of zero interest reverse mortgages to allow more unsuspecting Americans to tap into their last remaining source of equity, their homes.

Since the prices of their homes were declining when their equity was depleted HSBC started offering a 10% credit on the value of their homes in exchange for signing a ten to twenty year long term lease agreement at a very favorable rate. Interest rates were hovering around the 20% mark and prices of homes were dropping fast.

Once they controlled a sizeable portion of the residential real estate market and taking a page from the Japanese play book, they started buying more US Government debt bringing their total stake higher than any other foreign investor in our history.

The ability to flawlessly conceive and execute a fifty year plan with a time horizon beyond most politician's term limits and even life expectancies proved to be more than we could handle.

In exchange for massive buying of risky US Government securities the Chinese were able to negotiate a massive tort reform bill to limit liability of any Chinese manufacturer of defective goods to 100 times the value of the product, payable of course in credits for future purchases from Wang-Mart.

By this time in 2025 most Wang-Mart's resembled a small city. Completely vertically integrated from mills and factories in China, Asean and Africa complete with China Trans shipping lines to bring the goods in. Sell, install, set up and provide warranty service. Wang-Marts also featured car lots, medical clinics, surgery centers, entertainment complexes, child care and banking services. Cradle to the grave service, all from our benefactors in China. How did it ever get this far? There were prophets, but we ignored them. There were signs, but we didn't pay any attention. Self gratification overwhelmed our sense of self sacrifice. There were warnings - but we all just closed our eyes.

We no longer needed immigrants to realize the statement "bring us your tired, your poor, your huddled masses yearning to be free." The American dream lasted for one hundred and fifty years. Six generations. Not nearly as long as the British Empire . The rise and fall of Rome. Only about as long as the lease on Hong Kong.

If only we had not given up on manufacturing. Looking back that seems to have been where it all started to go wrong. We had the power, just not the will or unity. In the end the very diversity that once made us great helped to bring us down.

We listened to the wrong prophets. Prophets who told us that we could all prosper in a post-industrial society. A world with no difficult, dirty or dangerous jobs in smoke belching industrial plants. Once these plants all relocated to China we were well into the setup part of the long term plan. Air pollution in the US declined to unpredictably low levels. Why, we wondered, would they take all the dirt and pollution and leave us the Garden of Eden? It sounded too good to be true.

The next phase of the long term plan, colonization, was soon to follow. The new immigrants would also settle on the lower east side, this time not as tenants, but as owners.

One generation of Americans had to have the courage to step forward and say "It is not our God given right as Americans to expect an improved standard of living with each generation." This generation must sacrifice to allow future generations to keep what is rightfully ours. We have to support our fellow Americans instead of just buying what's cheap. We have to develop a sense of economic nationalism reminiscent of the anti-terror feelings in this country in the wake of the terrible events of September 11, 2001.

When the US economy started to slump again in 2015 China responded on queue with the service expansion part of their plan. Sino-Serve Corporation hired massive amounts of workers to prevent unemployment from reaching crisis levels. Training for these workers came from a new wave of young Chinese professionals and coincided with the colonization stage of the fifty year plan.

 

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