China's Weaponized Economy-paying back the national debt with fiat dollars

http://www.huffingtonpost.com/2014/01/22/us-debt-ceiling_n_4646696.html

As has been written before, the US dollar will lose its trading status.  It will pass to the manufacturing center, established by the US government in China.  Our government will transfer our ability to control commerce and the value of our economy to the country we probably consider our biggest enemy.

Why are they doing this?  First, they are too corrupt to govern effectively. Their entire focus is on maintaining power and to do so they are increasingly focused on emotional issues and not on the logic of government.

Second, they refuse to admit that the Chinese are so much ahead of us that they realized they could weaponize their economy.  Our government is so narrow minded that they are unwilling to consider that they are at war unless weapons are being discharged in their direction.  The Chinese have figured out that the discharge of weapons is not only completely unnecessary, but a waste of resources.  They know to take jobs by offering artificially low labor costs and subsidizing and keeping their currency devalued leaving their enemy, in this case the west, defenseless.

Third, we let them.  We are addicted to cheap goods.  We are using our built up equity, going into debt, in order to fund a binge of largesse.  We develop, make money and then export everything we've created for a quick fix dollars.

What is the outcome?  First, the huge debt at every level of government and down to the population will eventually come due.  The dollar is already quickly losing its value and there will be neither jobs (which are all going to china) for the desperate poor nor money from the government to help them.  The rest of the world will turn to China for leadership and the US will become a raw material supplier so that the corrupt in government can continue to doll out whatever it is.  They will become increasingly authoritarian to hold onto their power and pander increasingly to those who are dependent upon them increasing the death spiral we are already in.

This is not just doom and gloom because there are solutions.  One I am beginning to thing may make sense is to have part of the government, perhaps one of the senators from each state, its a greek thing, although we'd have to select them with some sort of criteria.  The absurd idea that anyone can govern is almost as absurd as that only some can govern which is our current system, an artificially constructed oligarchy around those who can lie the best.

And there are other solutions.