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25910 Posts in 9966 Topics by 982 Members Latest Member: - Ferguson Most online today: 60 (July 03, 2005, 06:25:30 PM)
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| | |-+  Beware Mad Max world of US
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Author Topic: Beware Mad Max world of US  (Read 7854 times)
Ayinde
Ayinde
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Posts: 1531


WWW
« on: October 16, 2003, 11:50:47 AM »

October 16, 2003

United States foreign policy would lead Australia into a "Mad Max world" where the US would shield itself behind missiles, the former prime minister, Paul Keating, said yesterday.

He criticised the US policy of pre-emptive strikes in Iraq and Afghanistan, which he said was giving other countries the signal to walk away from multilateral agreements and treaties.

He said small nations like Australia had a vested interest in a rule-based system around multilateral agreements.

"There is every chance that the American policy will lead us into a Mad Max world, while the US seeks to cocoon itself behind a screen of national missile defence," Mr Keating told the 2003 CPA Australia congress in Melbourne.

He also warned against sole reliance on the US for security and trade. It was not a "smart policy" because China would soon eclipse the US as a superpower.

"China is a phenomenon and it's in our backyard and it is one of the reasons why we should look long and hard at free trade agreements with the United States. Back-lane, backdoor agreements never work in trade. They are always for the stronger party," he said.

The world economy was entering the third and final phase of an economic wave, which would be much weaker than the second phase between 1992 and 2000.

China would be the centre of the next wave of growth, driven by domestic demand and built on small to medium enterprises.

"What is happening in China is without precedence in world history. Never before have we seen a billion-and-a-quarter people lifting themselves out at such a pace.

"While the 20th century was the century of the Americans, the chances are the 21st century will be the century of Asia and we will see for the first time an eclipse of American economic power."

While the American alliance remained important to Australia, "looking wistfully for US protection" was leaving us vulnerable in our own region, he said.

The former prime minister said he always believed Australia should embrace its own identity and find security within Asia.

"We [should] maintain our alliance structure with the US, but essentially make our own luck. We should go to these places not as some kind of vicar of empire, or deputy of the United States, or borrowing the monarchy of another country, rather as a nation confident in ourselves . . .

"And that's not falling in love with every American administration. It's about fundamentally having a number of relationships at once.

"It's a bit promiscuous, I know."

http://www.smh.com.au/articles/2003/10/15/1065917483266.html
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iyah360
Junior Member
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Posts: 592

Higher Reasoning


« Reply #1 on: October 16, 2003, 01:18:42 PM »

Peace.

Countries are merely redefining their roles in the New World Order.

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iyah360
Junior Member
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Posts: 592

Higher Reasoning


« Reply #2 on: October 17, 2003, 08:36:10 AM »

The global plantation(New World Order) is in full swing. Private entities are beyond the nation-state.


Ford Announces $1 Billion
China Expansion
10-17-3

BEIJING (Reuters) - U.S. auto giant Ford Motor Co F.N said on Friday it would boost investment by more than $1 billion over the next few years as part of ambitious expansion plans in the world's fastest-expanding major car market.
 
"The automotive future of China is very bright and we are participating fully in its growth. I am pleased to reaffirm our long-term plans for China," chief executive officer Bill Ford told reporters on his first trip to China.
 
Production at its joint venture Chongqing Changan Automobile Co Ltd 200625.SZ 000625.SZ would rise to 150,000 units from a current 20,000, as part of an expansion that would include a second car plant and engine plant. He did not give a time frame.
 
Ford, a relative latecomer to the Chinese market, launched its first Fiesta car to much fanfare in January this year.
 
But it entered a segment already dominated by Volkswagen AG VOWG.DE , which already controls more than a third of the market, and arch-rival General Motors Corp GM.N , which commands about eight percent.
 
Ford and GM have been slugging it out at home but are now taking their battle to the mainland. Ford is now fleshing out its offerings in China with luxury sedans and sport-utility vehicles.
 
Car sales in China smashed the one million-unit barrier last year. But analysts warn that unfettered capacity expansions could foment a serious glut that will erode margins.

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