While the Chinese value money above all else, and could care less what other people think, they also don't take being disrespected very well. Now Chinese investors may not care about racial issues when it comes to making money, but it does come into play when they have alternatives. Where they have the option of trading with one country over another, and whether or not they are treated respectfully or not. China is much more of a collectivist culture than it is individualistic, and the overall country values communism rather than democracy. The culture has evolved into a hyper-capitalistic market. The government is positioning itself to be the world's economic superpower, while individual investors are pulling back from Western nations. Now if you think Chinese investors don't buy on hearsay, you are mistaken. Some of Toronto's top investors, both Chinese and White have told me this, and I'm not talking about some kid with a $50000 RRSP. But whatever, don't believe me. that's fine.
Now as for Britain losing to the US, that's a different story than what is playing out today. Britain and the US have historical and political ties that date back to the development of the country. Both countries are democratic and capitalist. Both are dominated by white people with similar value systems. Both are political and economic allies. It was merely the replacement of one Western power for the other.
What is happening now is that Western markets are weak, Asian markets are strong. There are opposing viewpoints both in culture and politically, and in this case, you have an Eastern, non-white, collectivist, communist/capitalist hybrid emerging, with the assumption that they are better than their Western counterpart. Not only do you have completely different cultures, but philosophies and political systems, so no, when China takes over, it won't be the same. China makes all the goods that Americans consume. The US cannot offer something else comparable in return. Commodities such as oil are going to Middle Eastern and African nations. And China is expanding their technological and agricultural industries independently of the West. In short, the West has nothing of value to offer them, but the reverse is not true. This arrangement will make North America progressively weaker and Asian markets stronger. As it is right now, India has the largest middle class population in the world. How they are treated and viewed matter. And if you think that the way they are treated in this country has no bearing on the economics of things you are sorrily mistaken. All it means is that instead of taking a submissive position, Asia will move forward in a dominant position, because they know North American sentiments about them all too well. And there is a difference between owning a commodity as opposed to being a consumer of it. China may decide to be a majority shareholder in a Canadian commodity such as oil, and they'll sell it back to Canadians at a higher price than if this country consumed it themselves. China's ownership of Western commodities does not give back to Canada. Canada is basically outsourcing it's commodity to China, and China will sell it back to Canadians at a higher price. Who's sucking whose cock now?
If you think America's standard of living will continue to be good, you have no connection with what is happening all throughout America right now. People are broke. China is positioning itself to be the big boss and already has done so, only most of North America is largely unaware of this, because the US media isn't reporting it.
Immigrants are discriminated against not because of their racial backgrounds, but because of their accents? Hmmm....I'm not even going to touch that one. Rather than discuss that, I'll leave this one as it is, and let others weigh in on that.
