“If we are going to move out of this recession, Asia is going to be part of that equation. Asia is where we are going to grow.”–Ernest Bower, Southeast Asia Program at the Center for Strategic and International Studies

Next week the 21 members of the Asia Pacific Economic Cooperation (APEC) will meet in Hawaii.  There U.S. officials are expected to bend over to make economic deals with Asia countries, that’s how desperate the situation is for the United States.

Ron Kirk, U.S. Trade Representative, said the main concern for the U.S. is resolving issues that affect U.S. exporters.

Last week the U.S. Congress approved a free trade deal with South Korea, however, the people of South Korea are against it and have been protesting ever since.  It’s obvious governments are not going to do what their people want.

If the United States is hoping that the countries of Asia, and the Pacific Rim, are going to pull us out of the ‘recession’ then all is lost:  Japan’s economy is a house of cards that’s already collapsed. China is focused on controlling inflation which is reducing consumer spending there. Vietnam, India, China, Japan and Philippines are facing off in what could turn into a war over oil rights in the South China Sea.  Australia’s main economic partner is China, and Australia is expanding its naval power in the hopes that the U.S. Navy will be forced out of the region due to economic hardship.  Japan and Russia are nudging closer to war over islands just north of Hokkaido.  And the U.S. has already lost it’s economic advantage in South America.