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China’s Bid to Buy the West

Posted by Matt in December 28th, 2007

Rio Tinto, if it ends up in the hands of the Chinese government, would only be the tip of the iceberg. After years of a profitable trade imbalance with Western nations, principally the United States, Beijing has the financial wherewithal to put itself into a position from which it can command the economy of America and, to a large extent, the world. As part of the process, it has the ability, and likely the desire, to purchase controlling stakes in many of the most important private companies in America and the West, effectively putting them under the control of Beijing.

Communist mastermind V.I. Lenin once said that Western businessmen, in an effort to do business with the millions living under communist control, “will close their eyes … and will thus transform themselves into men who are deaf, dumb and blind…. They will toil to prepare their own suicide.”

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