User talk:Ttbbtt

Hello Ttbbtt,

It would be greatly appreciated if you ceased vandalizing the articles on Wikipedia. It has come to my attention that you are particularly interested in editing the articles about the US Economy and about the Chinese Economy. It is quite reasonable to conclude that you are just another unfortunate uninformed victim of a popular propaganda that is swirling around in the left-wing media and this conclusion is based considering your obvious obsession with the false idea of China "owning" the US. Believe me, I do know what you are thinking and understand why you are obsessed with the false belief of China "overcoming" or "owning" the United States. This can be a common behavior in many people as it is often common nature for humans to have this sort of desire to see the underdog win. This false belief of China having very large control over the United States is all just the result of a few individuals on television looking to sell books, increase investment values, improve ratings, or exercise large egos by exploiting the desire of some common people to see an underdog country become the victor. I will add that back in the 60s-80s these same "experts" that are trying to make you think China is more powerful than it is were also saying that Japan would overtake the USA by the end of the 20th century. Keep in mind that they said Japan would overcome the US by the end of the 20th century and just think of the current date. It is already the year 2010 and the Japanese economy never came closer than half the value of the US economy. Thus, that pathetic attempt to install fear and improve ratings failed and now they found another country to use in their dirty little scheme of tricks: China. Simple thought and research into statistics and facts will reveal that the exact opposite of what they claim are true and that the US is by far more economically and financially stable than China. Allow me to clue you in. I think the most important fact to first take into consideration is that the US Dollar is the World Reserve Currency and that it is the most used currency in the world. In fact, the US Dollar holds about 66% of world reserves, which basically means that 66% of investments around the world are made into the US Dollar. The Chinese yuan, on the other hand, has absolutely no value in the world market. The Chinese currency has been for very long following the tail of the US Dollar as a pegged currency and only recently cut the umbilical cord and become a independent currency. It is a less preferred currency than the currencies of significantly smaller countries like Japan, Canada, and Switzerland. If you would know anything about world reserve currency, you would know that it is the currency people chose based on several factors, such as the stability of the economy, the size of the economy, the growth of the economy, the financial situation of the population, exchange rates, economic influence of the country (that is, how many international companies the country has produced), and several other key factors. If China is really so strong or even going to become strong as you claim, then why nobody wants to invest into its currency? This means that there are smarter people out there who know better and know that China is nothing more than just another temporary manufacturing base, like Japan was in the 1960s. China's wages will have to grow eventually and that means that the corporations will no longer be able to manufacture in China and will have to move their factories to other countries. In fact, they are already discussing other alternatives for where to move factories for when China's wages will increase, such as the cheap-labor countries of Malaysia, Vietnam, and Mexico. Believe me, a country like China, which is a country that produces nothing new and has no sense of innovation or entrepreneurship, will never succeed. Can you name even one economic or political idea/philosophy that has come from China? Just look around, an overwhelmingly majority, and I can safely say well over 50%, of all the great products and ideas in the world were created by the USA. Some examples are the internet, airplane, cell phone, supermarket, modern skyscraper. You probably use Microsoft OS or a Mac, probably a Dell or HP or Compaq laptop, email, internet, a computer mouse, your computer has microchip, you probably have a LCD screen, you probably use Facebook and Youtube and Wikipedia and guess what, all those came from the USA. Ask yourself, do countries want to follow the Chinese model or the US model. Of course, the overwhelming majority prefer the US model. Just look at the fact that over 40 countries use the US Dollar as their currency or have their own currency pegged (attached) to the US Dollar. That my friend shows the true confidence that people have in the strength and bright future of the US economy and the US Dollar. The median annual income in the United States of America is $55,000. In China, the median annual income is only $1,300. The US has allowed Americans to become by far the wealthiest nationality in the world with Americans owning 40% of all the personal wealth in the world. If 40% sounds really too high for you, then please consider that the US has a very strong upper class with about half of all the millionaires in the world and 2/5 of all the billionaires in the world being Americans. Even the American lower class is very well-off compared to the lower class of most if not all other developed countries and even the middle and upper class of most countries. The typical American lower class so you know earns $26,000 per year and has a $200,000 house with a garage, two cars, a refrigerator, microwave, television, two phones, dishwasher, laundry washer and dryer, and many other possessions. These are all just dreamed about by the lower class of the other countries. Actually, having these sort of things that even the lower class of the USA enjoys are considered unreachable desires by the middle class of so many other developed countries. The typical American earns about $50,000 per year. If you too work hard and have the right attitude and come to appreciate the great things in life, such as the United States of America, you too can succeed with a very happy and prosperous life. In the United States, there are 30 million small businesses alone while in China there are, depending on the source, only 3-10 million small businesses. Keep in mind that China's population is 4x more than the US. The USA, despite being a country in existence for only 300 years, has managed to create just over half of all the world's inventions. China, on the other hand, well, hasn't created really any new product, idea, etc. Can you think of any? Doesn't seem Chinese are being very effective or efficient now are they? I'm sure you would like to claim in their defense that it is hard for Chinese to start businesses or invent things when they are poor, but remember my friend that Americans had nothing at the beginning too. But, the Americans worked hard and kept a great attitude and built world-leading schools, hospitals, businesses, and built great economic, political, and legal systems that allowed their country and people to prosper. Remember that all the offices, factories, houses, parks, schools and so on that make the US great today were not their when the European settlers first arrived. But, (like their European ancestors) they set out on creating and building great things. They had the right stuff, the right attitude, the will and desire, and the highly evolved intelligence to work hard at creating complex systems and ideas to make a very prosperous country. And now they enjoy the greatest country that has ever existed in the world. I see no reason why countries like China, countries in Africa, India, or countries in the Middle East (with exception of Israel) (all of which are very rich in natural resources) should not be able to do the same. They, Americans, did not play the victim mentality and expect for others to look out for them. So it is clearly obvious that the US possess the greatest leadership qualities in the world while China is very lacking. Today Americans have about 4x more retail space per capita than any other country in the world. Our shopping center retail space per capita is more than 7x larger than any other country in the world. We have an incredible amount of stores and entertainment that is far ahead of any other country. We have an unbeatable infrastructure with world-class roads and over 1/3 of all the airports in the world. In fact, there are more airports in the US than in China, the UK, Canada, Australia, France, Germany, Brazil, Russia, Italy, and Japan combined! While in China people commute by old broken bikes, Americans are evolving into a new and more developed stage of travel where air travel has become very common for business and visiting friends and family. While 75% of Americans have internet, less than half of Chinese half internet. The average home in the US is 240 sq. meters and is the largest in the world. Europe, also very developed like the US, has although an average home size of only 75 sq. meters. As for China, well, if Europe's average home is only 75 sq meters than we can make an educated guess that China's average home is no more than 30 sq. meters. The US has produced so many of the greatest ideas we have in the world and its Constitution is the most followed example in the world. If China is so wealthy like you would like to believe, then why don't the Chinese show humane behavior and care about others and help others get better? Sadly, the opposite is true and China is merely more concerned with keeping the wages of their own people at really low levels so they can exploit people. The Chinese are more concerned about using children as labor than helping people around the world. Do you really want a country like China, a country that doesn't produce any ideas or prosperity and engages in such inhumane behavior, to rule the world instead of the United States? Wishing for that is the same as wishing for the world to suffer in pain. For China to rule the world would mean plunging the world into a Dark Age. It would become a world of oppression, poverty, and misery. I early concluded that you are just another unfortunate uninformed victim of left-wing propaganda and I would like to point out to you, in support of my conclusion, that balance sheet (more commonly referred to as account balance), as you referred to is a very misleading title that is used in economics to describe the difference between exports and imports. Balance sheet, as you referred to, is merely the difference between exports and imports though its name would suggest otherwise. So I suggest to you that next time you actually look up the definitions of words you use before you jump to conclusions. If you are interested in finding the "balance" of a country, I suggest you then look up the term "net value." Net value is the number derived from subtracting liabilities (debt, expenses) from assets (possessions, cash and other forms of stored money). Good day to you