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The pattern is now clear. As China's challenges by neighbors and foes on her sovereign territories, at sea and on land, are increasing, a parallel collapse of its economy due to internally created policies is taking place. The timing is unmistakable. China's biggest security threat is actually from within.|
Due to a self-imposed overvaluation of the Yuan, China's manufacturing sector is now sick, China's source of income, exports that account for 30% of its GDP, is dereasing, and China's social stability, rooted in its ability to provide jobs and adequate pay, is undergoing liquefaction. The looming so-called "room for action" touted by its captain of the economy is nothing more than using inflation to combat a self-infliicted exchang-rate-produced recession. But, there is no real nutritive value in inflation. It merely flushes out the purchasing power from the savings of the public to be used for current purchases, accelerating the decline in their savings, their only hope of survival in a sea of trouble, which in the end, will even be taken away from them.
It is time for those who are responsible for the overvaluation of the Yuan exchange rate to reverse their mistaken course, or step down from their jobs. They are China's biggest security threat, over and above the rising challenges of foreign powers to China's right to exist as a sovereign country, with its sacred inviolate sovereign territory. Before China can fight, it must be able to feed its stomach. And the problem is in the cook, who is serving China an indigestible menu of overpriced goods abroad and at home. Before the general can move on, he needs to change the cooks.