17th February 2012, 09:24 PM #21
Well I am hoping that the heir apparent to the Chinese Presidency takes a more proactive and concilliatory view of practices in trade and currency management. I was thrilled to see and hear the folks from that small Iowa town who were so looking forward to spending a few hours with the Chinese Vice President and view him as a honorable and fine statesman. There is hope for a global future.
19th May 2012, 01:22 PM #22
The giant awakens . . .
I guess we don't have to go back to the days of pissing off the Chinese, by over-flying them and anybody else with airspace.
We have awesome satellites and guiys watching those busy Chinese, counting up a couple trillion dollars. Too bad we have to pay for the butt-surfers on them AND on us, so we can never catch the Chinese, at economies of scale.
Also, they just shoot people who screw up, while we have to wait around for all kinds of attorneys in collusion to screw with detainees, and some we don't even allow to trial, timely. We end up paying for 25% of the world's prisoners, and we have 5% of the world's population.
China is a giant, it is awake, and we're never catching up, when it passes us.
19th May 2012, 09:55 PM #23
Join, or Die
I'm thinkin' something different. The political logic is inevitable and unavoidable. We're going to do the same stupid thing to the Chinese that we did to the Japanese before WW-2, which is force them to become imperialist warmongers by squeezing out their economy.
Originally Posted by bobgnote
And I'm thinking Nixon foresaw this, way back in 1971. On August 15, 1971, Nixon took us off the gold standard because of a "balance of trade deficit", remember? And Kissinger was the one who convinced Nixon to "triangulate" and open detente with China, remember?
What I'm thinking is, Nixon and Kissinger were probably thinking, "heck, we did it to the Japanese, we can do it to the Chinese too".
Borrow a heckuva lot of money from them, and then start a war so we don't have to pay it back. That is why "deficits don't matter".
I'll betcha a hundred bucks right now, that a super-secret plan like this is sitting in our foreign policy establishment someplace.
The trouble is, the Chinese are far from stupid. Did you catch Chairman Hu's comeback to Obama this morning? "We won't abide by any rules we didn't have a part in writing". Classic! Priceless! He's showing us right here and now, that the Chinese aren't going to make the same stupid mistake the Japanese did.
In other words, they're on to us.
And I'm pretty sure that must be causing a considerable amount of concern. I'm going to be watching for this in the stuff that comes out of the think tanks in the next couple of months.
20th May 2012, 12:55 PM #24
The Chinese own a couple trillion dollars, of US Government debt.
Originally Posted by nonsqtr
They are funding our foreign policy debacle, with all the hidden costs, for the simple reason, they are waiting for a collapse. Otherwise, they'd hire some smart attorneys and sue constitution-violators to a standstill. No more Zionism, then, since it is not part of the "common defense," and it is predicated on violations of our standing army and separation clauses.
So the Chinese will wait, rather than open up a front, in our own courts. They are better served by waiting, than by gambling, on US law and procedure, since our courts are a complete crock, filled with churning and fraud. But China or Russia or somebody big could make a case, in our own courts.
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