8 May, 2006

-image-CCTV Predicts the Fall of America

China’s state-run broadcaster, CCTV is now producing a documentary on the Coming Collapse of America.:

A China Central Television (CCTV) unit is developing an epic, fall-of-Rome-flavored documentary TV series around the theme of America in decline.
DeclineUnlike the crude state-sponsored videos that glorified the September 11 terrorist attacks as a humiliating strike against an arrogant superpower, the planned multipart production promises to be a slick dissection of American economic and military might.
Production notes for the CCTV series, which is tentatively scheduled to air in 2007, are said to provide a revealing glimpse of how certain government officials see the US–namely, as a dying hegemon. The Chinese view is that a number of factors, including “structural” economic problems and imperial overstretch, are combining to end US global supremacy.
In an effort to support and promote this point of view, the CCTV documentary plans to cover all the bases, to use an old American expression borrowed from baseball.
For example, the producers plan to devote at least one episode to the US immigration crisis and attempt to draw historical parallels between a commonly perceived cause of the fall of ancient Rome–unchecked immigration and invasions–and the flood of illegal immigrants pouring into the United States from Mexico and Latin America.
In an ironic twist, the segments on the US economy will supposedly highlight the gloom-and-doom opinions of some smart, successful citizens–fund managers, investment bankers, and analysts–who argue that the country has entered a long period of decline, an economic twilight of sorts, from which no escape is realistically possible. The talking heads of finance are expected to make the case for aggressively investing in emerging markets, especially the so-called BRIC countries (Brazil, Russia, India, China) that are destined to dominate the global economy by 2050, according to an increasingly fashionable Wall Street concept.

It’s unfortunate that this production will not likely air on the English-language CCTV station. It could have been interesting.
AsiaPundit doesn’t see a major decline of the US in the near future. But he is concerned about the States’ debt position and asset bubbles. A major correction would not be a surprise
That said, AP also enjoys talk of China’s Coming Collapse.

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by @ 11:37 pm. Filed under Asia, China, Coming collapse, East Asia, Economy, Northeast Asia

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