(Click to enlarge.)Amérique plus la Chine est égal à l'agitation
One of the common features between the U.S. and China is that they do not respect the Vatican as much as the E.U. or Europe does.
No matter how many other regions and tribes in Africa, South America, and Asia European nations colonized, there was a minimum restriction on their arrogance, violence, and exploitation, since Europeans were under a strong influence of the Vatican.
But, what works as such a restriction on its global operation is too fragile for the U.S. and China, respectively.
In summary, we need, in the U.S. and China, what is equivalent to the Vatican in Europe, if the American Christianity democracy and the Chinese socialist ideal are so insufficient.
Otherwise, we might see eventually another Egypt, even in China and the U.S.
(As for Japan, there is a strong restriction that prevents it from falling into a state of another Egypt, which can be seen of course in Shintoism, Japanese Buddhism, and other spirituality unique to Japan. One problem is that it cannot be easily understood even by Koreans and Chinese.)
SECTION I: Warning of America: Hidden Bubble by FRB
The current state of the American money market is of a kind of bubble supported by a huge amount of supply of dollars by FRB.
The U.S. has increased an amount of dollar bills twice more since the occurrence of the 2008 Financial Crisis, though Japan and EU has not with yen and euro.
The New York Stock Exchange and other monetary markets in America are kept at a higher level due to this doubled money supply by the U.S. Government. It is not substantiated by real economic activities in America. So, the unemployment cannot be solved in the U.S. labor market.
http://green.ap.teacup.com/pekepon/324.html
As the amount of dollar bills circulated in the market has been doubled, the value of the U.S. dollar is devaluated. But, as the Chinese yuan follows the U.S. dollar, no drastic change has happened in the trade relationship between America and China, though some increase in export to China has been confirmed recently.
On the other side, the Japanese yen has been revalued sharply, especially since last summer, adding another factor to Japan's deflation.
SECTION II: China's Largest Trade Partners: EU and Japan
Every economist has been amazed by a rapid growth of China's GDP in this decade.
The major factor of China's GDP growth is its expansion of export to the U.S., the E.U., Japan. and other regions; let's check the trend of China's export by each region:
(Click to enlarge.)Ranking of Countries/Regions Importing from China in 2010
1. EU...$311 billion (+28.3% year on year)
2. USA...$283 billion (+35.82%)
3. Hong Kong...$218 billion
4. ASEAN...$138 billion
5. JAPAN...$121 billion (+31.33%)
6. Korea...$69 billion
7. Taiwan...$30 billion
8. Others...$407 billion
Ranking of Countries/Regions Exporting to China in 2010
1. JAPAN...$176.7 billion (+23.64% year on year)
2. EU...$168.5 billion (+31.87%)
3. ASEAN...$155 billion
4. Korea...$136 billion
5. Taiwan...$116 billion
6. USA...$102 billion (+31.76%)
7. Hong Kong
8. Others...$527 billion
http://www.mizuho-ri.co.jp/research/economics/pdf/china/C1101.pdf
Now you know why the U.S. lost its credit in the world when it started to shout "the coming of G2 (USA-China) era."
The Obama Administration should have said, at least, that the world economy is led by East Asia, the E.U., and the U.S.
Anyway, the era of G1 or super-power America is now going to end.
Note that as I once commented, 30 to 40% of China's GDP is actually what has been transferred from Japan to China through various channels, including infringement of patent rights and copyrights as well as ODA and financial support which is still provided for China by Japan.
Also, it is apparent that China should revalue yuan by 30 to 40% against the U.S. dollar.
*** *** *** ***
Mencius said:
"Water is not innately characterized to flow to the east or to the west.
But, water is congenitally destined to flow from a higher place to a lower.
A man is also congenitally born good.
So, it is an influence from the outside that makes him commit a wrongful act."
By the way, a volcano in Kyusyu, a major southern island of Japan, has erupted recently. Columns of smoke from the mountain reached a level of 3,000 meters high. If Mt. Fuji should erupt, Tokyo would suffer major damage, since the sacred mountain is just 100 km west of the greatest city in the world. However, it can be a great sign even for you, if you are living in Japan.
(http://www.youtube.com/watch?v=dqgtsai2aKY&feature=related
Just for a curiosity?)
Rev 2:1 Unto the angel of the church of Ephesus write; These things saith he that holdeth the seven stars in his right hand, who walketh in the midst of the seven golden candlesticks;
Rev 2:2 I know thy works, and thy labour, and thy patience, and how thou canst not bear them which are evil: and thou hast tried them which say they are apostles, and are not, and hast found them liars: