Leave it to Beijing to raise the bar on Dominique Strauss-Kahn conspiracy theories. When a publication run by the Chinese government publishes an article like this, it’s a sure sign that U.S.-China economic and political relations are in the midst of a very rough patch.
Did the United States ‘frame’ Dominique Strauss-Kahn because of IMF forecasts of U.S. economic frailty and Chinese strength? According to this analysis from China’s state-controlled Huanqiu, it’s reasonable to infer that statistics released while DSK ran the IMF, showing U.S. dollar weakness and forecasting how China’s economy would surpass America’s by 2016, drove Washington to ‘throw’ DSK into a U.S. prison.
For Huanqiu, here’s a sampling of the analysis by Gao Chong and Yu Miao:
At 62, Strauss-Kahn is a world-class economic bigwig who also may have become a political star by winning the French presidency. We believe that the sudden need to bring him to “account” in the United States can be regarded as a well-planned conspiracy – instigated by the U.S. government and president. The reason is simple: Who told Dominique Strauss-Kahn to persistently hurt the fundamental interests of the United States? Let’s take a look behind the scenes of the DSK incident.
According to recent IMF forecasts, China’s GDP in 2016 will be $18.2 trillion, while the GDP of the U.S. in 2016 will be only $18.06 trillion. In other words, the two countries will face a reversal of rank by then and China will stand at the top of the world economic ladder, making China “number one in the world by 2040,” a full 24 years ahead of schedule.
At the time [May, 2010], the IMF’s sudden forecast was equivalent to sounding the global alarm on the U.S. dollar, or to put it another way, using data to reveal the trend of influence between the U.S. and China. In order to maintain the status of the U.S. dollar, Washington moved to take revenge on Strauss-Kahn. It is fairly safe to infer that by throwing DSK – a man who dared speak the truth – into the prisons of their country, there has been an attempt to keep his mouth shut. Meanwhile, this also dealt a heavy blow to French Socialist Party prospects in the 2012 presidential election, making it far easier for the U.S. to cultivate a “loyal” French government. With this smear in place and DSK’s image fatally ruined, IMF forecasts made under his management will also be looked on with suspicion.
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