How Did China Destroy USA?

China destroyed USA by unfair competitive advantage:

1) pollution

2) child labor, human rights abuse, crackdown on religion, democracy, on and on and on

3) pegging their currency to the Dollar

4) massive subsidies

5) counterfeiting and piracy of intellectual property

God considers China a very evil country, and the democratic countries of the planet have been fools opening our markets to such evil. Since China does not reform and an evil dynasty remains in power, definitive action is needed. But sinners of the world want their goods for a cheap price so they are willing to receive cheap products at the sacrifice of their own manufacturing independency. The world democracies, and people who vote those democratically run governments into power, are equally to blame. It is the human condition to want it the easy way.

USA's downfall was helped by unions forcing companies to overpay for its workers in conjunction with uncompetitive laziness of aging baby boomers who feel entitled.

The damage has been done, and further implosions will occur as the falling Roman Empire turns into a ghost town. All that's left now is the outright collapse of the US Dollar of its own accord which will begin anew in earnest in 2014 according to Paul Volker who said "the US Fed is the most insidious organization on the planet." In other words, they will find new and ingenuous ways to print money and instead of dropping it from helicopters, they will drop it from jumbo cargo planes.

Just as the S&P 500 collapsed in 2007-08 due to collapsing house prices which collapsed due to unsustainable interest rates under massive debt, the S&P 500 again will collapse with a collapse in earnings due to collapsing farm prices, bond prices, unprofitable fracking, and high interest costs. All segments of USA lose as commodity prices reassert themselves on a population headed to 9 billion. More dollars chase fewer commodities even as the money multiplier and money velocity keep going down. Wall Street tried to send the message 666 on the S&P 500 was the final bottom. They are sorely mistaken. When S&P 500 earnings drop down below $50 again, the PE this time goes below 10x so you can see the next target for the S&P 500 is below 600 somewhere, following the trajectory Japan has drawn for us. It is the easiest trade in the world. It may not be as easy to hold things up as it was in 2000-03 and 2007-09 so even more dramatic action will be needed to prevent the S&P 500 going below 500.

The US Dollar drops 30% more then 60% more. The Renminbi is becoming less pegged to the US Dollar. Europe will emerge as the revived Roman Empire. China pays its workers more and its exports become less competitive as its population ages rapidly. The US Dollar will be allowed to fall on its own without the Renminbi following suit.

What is the solution? USA should:

Put an immediate tax on all imports from China only at 50-90% depending on the product if you don't want the China military to be 5 times the size of the US military. (This tax import is essential because it is the only tool USA has against all these unfair trade practices, for we don't want to debase ourselves and fall into the morally bankrupt nature China is in.)