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BEIJING – Former Goldman Sachs partner turned author, Peter D. Kiernan, has a new book out that he hopes will “grab the American people by the lapel and ask them if they are focused on what is happening.”
With a title like, “Becoming China’s Bitch: And Nine More Catastrophes We Must Avoid Right Now,” it’s hard not to accomplish that.
Kiernan was on the Dylan Ratigan Show earlier this month, where he talked about how American complacency has allowed China’s rise to occur, the “finance-export co-dependency” that has formed between China and the U.S. and where America needs to go to reassert itself economically.
The interview starts around the 3:10 mark of the video above. An excerpt from the book is also available over at the Morning Joe blog.


I think he's oversimplifying the issue a little but he only had a few minutes so it's expected. This is something that's not going away. Let's just hope America's economy and civil willpower is flexible and robust enough to deal with the ever complicated relationship it's incurred on itself with China.
"History's trash bin is full of countries that underestimated America's resilience." - Barack Obama
"History's trash bin is full of countries that underestimated America's resilience." - Barack Obama
Barack is talking TRASH.
Becoming?????? "We"have incurred a complex relationship with China???? So much has occurred behind closed doors without our knowledge, without public debate-so much for transparency in government.....You do know that Obama and Hillary are about to sede Alaskan territory to the Russians without anyone knowing about it and not even the state of Alaska being able to protect its own territory....We need to wake up America
Don't even dare try to lay this at the feet of the current President. He had nothing to do with something that occured years before his watch.
This has been developing for many years. It's just that "chickens are now coming home to roost."
Um, what do they mean 'becoming'? Haven't we already been that for years?!?!?!? =P
Chinese leaders have a long term plan, US don't.
You are so right the Chinese leaders have a long-term plan and it is for us. The problems in China are real enough. They do not have enough real estate to handle both their population and ever growing need for food. We have a lot of real estate that be converted either way. Nuclear attack never was a realistic alternative for the Big 3 even though it was tabled many times and came down to seconds more than once. Nuclear attack would render too much unusable area for too long of a period.
There is real meaning in the old adage keep your friends close and you enemies closerbut it does not mean sleep with them. There is another old adage that rings just as true and that is never do business with family or friends. One would think America would finally have sense enough to read between the lines and add old and current enemies to the mix.
Don't blame China for the US becoming the land of greedy sellouts, China is just looking out for it's own country while the US has become a divided nation of treasonous greedy sellouts, willing to sell out the country for it's greed.
Mark,
I usually don't agree with people but this time, I agreed with you. I don't do that often.
I think you are a Chinese.
No born and raised in the USA but at a time when the US was the land of opportunity, still had great strides to make like with civil rights, but after World War II we did have the goal of being the greatest nation in the world and for a short time we were.
I was born when Eisenhower was President Mark. If I blame anyone it is our treasonous government. That said, China does not have to attack us. All they have to do is wait until the sell-out, greedy corporations and the sell-out greedy politicians sell them enough that they only have to walk in. I emailed Obama while the Chinese leader was over here a few weeks ago. I told him to just go ahead and sign over the deeds and get it over with then get out of our way.
Of course we could boycott all stores selling Chinese crap but would there be any stores left to buy what we need?
What a sad, sad article. Thanks for the news MSN. I feel really informed.
But anyway, if this guy thinks its so important that we "reassert ourselves economically" I'm hoping he's got some kind of big plan to give us jobs or affordable American made goods for the average citizen to buy instead of the Chinese ones that I personally am forced into buying due to no affordable alternative....
ya now this is reporting at its best, throw out a sensational headline, and have the article as essentially an advertisment. wanna know the answer? its in a book someone wrote, hint hint, buy buy buy