China will need to take the world by the economic reins, claims Soros

World-famous philanthropist Soros is tied to more conspiracy theories before breakfast than most people are in an entire day. His recent statement regarding China’s govt being "better functioning" than the United States government ought to give conservative commentators like Glenn Beck a fantastic deal to talk about, writes Foreign Policy.

China responsible for the world, as outlined by Soros

Soros suggests that China focuses on its own economic interest too much instead of spreading the wealth. The shift of economic power from the United States to China has occurred along the way. The financial decline after World War II within the United Kingdom is what Sores compares the U.S. financial decline to.

Now the balance of economic power has swayed toward China, Soros says that China needs to now look outward. The world economic order is its responsibility. This is what Soros says. The troubles with currency are a great place to start. This is what China should consider.

Seeing Congressional issues with Gridlock

It is really hard for Congress to make decisions and move forward trying to get the U.S. economy back on its feet. This is why Soros says China has a "more vigorous economy" and a "better functioning government" within the Globe and Mail. Such time-tested distractions as the filibuster, as Kay King of the Council on Foreign Relations argues in a most recently released report, have hamstrung the U.S. government when it comes to such issues as national security. King’s argument mirrors many of Soros’ statements:

When Congress fails to perform, national security suffers thanks to ill-considered policies, delayed or inadequate resources, and insufficient personnel. Without congressional guidance, allies and adversaries alike devalue U.S. policies because they lack the support of the American people that is provided through their representatives in Congress.

Citations

CFR

cfr.org/content/publications/attachments/Congress_CSR58.pdf

Foreign Policy

blog.foreignpolicy.com/posts/2010/11/16/soros_china_has_better_functioning_government_than_us

The Globe and Mail

theglobeandmail.com/report-on-business/economic-power-shifting-from-us-to-china-soros-says/article1800333/

Soros on a lack of confidence in currency

youtube.com/watch?v=3iNkJ2HQbvs