From Instapundit.

JOEL KOTKIN: Will Australia Become A Vassal State of China? “China presents the most profound challenge to liberal values since the end of the Cold War, a development that has caught our consistently lame political establishment by surprise. The leaders of both parties, and much of the corporate America, never saw it coming.”

40Posted at 5:00 pm by Glenn Reynolds

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Well, what’s the answer? Might just add that that the article says nothing specifically about Australia.

Here was the best comment at Instapundit.

So long as the American people keep voting for four dollars of government for every three dollars they are willing to be taxed, and China has the economic strength to fund large proportions of that debt, the United States, fundamentally, cannot oppose her.

Or to put it this way:

Selling coal
along with our soul,
Is the government’s role
on the whole.