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McFarland on China’s Leadership Change
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National Security Expert KT McFarland on the upcoming power shift and how China influences America’s economy.
- Duration 8:18
- Date Feb 15, 2012
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National Security Expert KT McFarland on the upcoming power shift and how China influences America’s economy.
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We're thinking so well I think I told you all fear that I.
I don't know much about this whole China thing Russian agent and -- -- our decision paying answering -- of all but here's what I thought.
Just -- casually observer in.
Those dollar component -- Washington.
Vice president.
All he would do and at that luncheon for this tough talk about China and and thank you met a word over -- -- Because because I know that -- ever have about a 300 billion dollar trade deficit right.
And so I don't see any.
Posture and fifteen trillion dollar trade debt market like trade deficit -- we have a deficit of fifteen trillion.
And I targets a lot great -- -- get trade imbalance with traction there are banker put it that way every dollar that we -- Forty cents of that dollar is borrowed -- half -- that is -- from China so it just sounds to me like what the vice president of same.
Was salute to consumption of voters rank who are central -- -- -- -- -- appeal to.
Who with the Donald Trump faction or don't think we're -- about China of this was to demonstrate the oil we're going to be -- China.
But I think it's an impression and don't get to impression what should tell me differently.
That this country has any any any in notion -- all but changing our policy -- All went from China and -- to we're gonna go forward and the trade imbalances gonna -- -- billion dollar or or oral old 400 billion dollars what do.
We don't pick a fight with your banker.
Bottom line and as far as China if this administration is -- -- it wants to event.
From the Middle East to China and hatteras focus -- military national security attention to China -- the but to do that you -- to have build up -- -- -- need more ships because the problem with China will be 1 in the Pacific united -- is much -- -- And the administration has cut those budget so.
You know not what I say what I do is what they ought to follow now the thing with China.
Is and the reason is this it was important is this a good look see it's a good service size and everybody -- Because China is going through leadership changed.
When I had dinner of Henry Kissinger last week we talked about it he -- think about it this way.
The Chinese have -- term limits and -- government and it says if we were placed.
These Supreme Court.
Both houses of congress the White House in the military all in the same year that's for China's going through right now they're having any major turnover.
Of -- this guy who's in Washington now is then going to be the new leader and the Chinese are by no means.
All in agreement about how they wanna go forward and already -- gonna biological what got a couple time.
George suitable fly thousands of Chinese don't mean whatever the real estate overlooking older wholesalers and memorable for their movements before the -- the brunt of their.
You know I don't think there's something to what you say because they're Chinese are really split and into two camps one camp says peaceful rise we don't wanna pick a fight with anybody.
We want to just get all of our people to a certain standard of living and we don't want any problems on our borders is in order to do that the other groups says we're China.
We're the world's greatest and longest around civilization.
-- -- -- couple of years Chenault on that allows a 150 years.
But it's our turn now America's on the decline.
We want to build up our military we want to have that the advantages great powers have and that group.
Is the one -- this -- that is building up the military it may have put a map of Asia.
Where -- said that the South China Sea was an internal Chinese -- can basically said Taiwan.
The Philippines Malaysia Indonesia were all sort of China's so here's our real dichotomy in those restrictions Chinese are gonna count next many years whichever -- we can doses Sarah's question.
A couple of gender or trumps those just Joseph -- a -- -- -- to straighten -- or or else to the -- announced where you what do they say when we say by the way can we borrow some money.
While the camera troops and -- tells -- of it all our stuff from us well -- -- and here's a thing just stop by herself now one week it's well but the Chinese have a decision to make can they do they want to bail us out to what they want Orlando's hundreds of billions of dollars.
So that we can do whatever we're doing with our economy or -- they want to take that money and invest it internally.
Because if China invests the money internally and create some market for its own goods inside China.
Hindering the rest of the world.
Routes prevention -- and argue about so.
-- they've had a debate internally that they feel that the United States who they trusted.
To keep the world international economic situation going afloat in the United States has screwed up.
And has cost them ten years of their savings because remember they a lot of their savings has held in dollars.
And has held and you establish they have that kind of doubt whether it's good for.
And then we haven't talked to -- following announcement organs cordial -- our.
And that we have China and Russia -- All of rather have not not gonna back -- -- sanctions against.
Or trade embargo against sir what over senator one.
And -- Egypt are saying no we're gonna attempt is -- within Israel and your best hello so.
Are -- massive us if you don't give us money would help him again and we want a sort of a lack talent so.
We have no other -- nose up to UN mortgage interest you know is a universal courses isn't -- -- -- Governor mar no person well it may here here's the problem the first or don't rely and they want to do much of anything and answered over -- field for issues of but -- usually be at least a posture.
There -- some -- sought to there was.
That was that was that was proselytize -- -- -- because we're going to other are now we -- absolutely down the -- secretary of state.
Whenever she feels like -- -- pretty good news is pretty etc.
Clinton -- -- was get slop around -- We are getting slapped around -- and particularly when you look at what's happened in the Middle East.
And Syria why the UN -- why the administration -- that Russia and China we're gonna go along with it for another of -- neither of those countries want to be on record.
As saying if a country kills its own people and suppresses its own people we have the right to -- -- and maybe even use military force.
China may have a T Hammond square.
Coming up at some point Russia's got.
You know people demonstrating on the streets they don't wanna have anybody censored drama for that and then if you look at -- China's interest in the -- middle of the -- Upon Lou Dobbs on our good pointer robot whose Middle Eastern countries not -- in the infidels and instructor and their countries and -- -- reform.
They -- -- -- -- -- is certainly is something of -- on the grounds here in their right to adjust well to some people are -- about it that it would be very foolish it would not and successfully and would be returned and here's what's dangerous it is and I.
I don't know I think about it and I know this.
But I don't want to what consciousness night and on some and other supposed couldn't.
Observer as -- -- or many other people.
But I had so regular people know that this is nonsense doesn't think that the experts often get it wrong mean we think other -- expert and they -- all this information they speak a language we -- -- you know about sort acronyms and from the Pentagon -- a lot of them very don't don't have a whole lot of common sense.
It counts as but it told you.
We -- and have.
Our nation building in Afghanistan this is like the fifth century and part of it was asked him director ago well -- -- -- -- he was absolutely right so don't sell common sense short I think people have a lot of common sense and often our political leaders do not there's another.
A spectrum of sleazy behavior in a part of the -- news.
But they're trying to claim Jeremy -- now just sit up front -- it.
Oh.
Yeah the new York times of where -- ancestor from China -- -- -- hello that China wanted Taiwan.
To keep been brutalized another -- now now -- -- gonna designate is ancestors -- jump in China.
And -- and they're trying to claim credit for -- Well the Chinese should do a lot of mileage of some certain ends up she she agent take ordered a little -- don't preserved all.
He's -- -- dinner they asked him somebody used and the somebody.
Somalia one has -- and watches NBA games of Minnesota's other still on everything including daughters at Harvard German -- Barney yeah.
We have bid to pick actors here's -- paying us daughters that are unsure -- course Iraq's star so -- -- Harvard of the don't already know.
Violence -- -- -- -- -- on you're Greta here to go to them.
But doctors say Feller Thomas -- -- -- -- and you're.