The waning of an evil Empire
Three failures marked the Asian tour of Obama and Hilary. They had some success in India with offers of more biz and an UN Security Council seat dangling at the end of the stick. And India was salivating. The Security Council seat is nothing but a red herring as the US knows that China or Russia will definitely veto it. In Indonesia, it was just testing water as the fear of a muslim state is apparent. Other than promises, nothing tangible came out of it. The Indonesians too are conscious of the US intent and are wary of being dragged into the bigger evil scheme precipitating in conflict and disorder. Asean too gave a slap to Hilary by sanctioning the election in Myanmar. And with China taking the same stand as Asean, it became a left and a right slap. It must be very disappointing after painting Myanmar in thick black to see Asean and China saying otherwise. The third defeat was in the APEC Summit when nothing came out in favour of the Americans. Increase protectionism and the attack on Chinese Yuan no longer receive support from other nations. Both were not seen as worthy causes for support. A strong Chinese Yuan would mean higher cost and higher price for Chinese products which the rest of the world, including American citizens will have to pay. And it will do nothing to help unemployment and trade imbalances. The real problem is cheaper labour cost and infrastructure cost in China. When the Chinese workers are prepared to eat less and live simply, and produce more, no amount of currency manipulation can turn that around to favour the US. The US must reexamine itself and its belligerent policies towards other nations. They cannot impose leadership on the rest of the world when it can’t even solve its own domestic problems. And no country will want to be embroiled in warfare at the beck and call of the evil Empire.