China’s hawks demand cold war on the US
source: http://www.timesonline.co.uk/tol/news/world/asia/article7017951.ece
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- SleepDirt
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The finding came after battles over Taiwan, Tibet, trade, climate change, internet freedom and human rights which have poisoned relations in the three months since President Barack Obama made a fruitless visit to Beijing.
According to diplomatic sources, a rancorous postmortem examination is under way inside the US government, led by officials who think the president was badly advised and was made to appear weak.
In China’s eyes, the American response — which includes a pledge by Obama to get tougher on trade — is a reaction against its rising power.
Now almost 55% of those questioned for Global Times, a state-run newspaper, agree that “a cold war will break out between the US and China”.
An independent survey of Chinese-language media for The Sunday Times has found army and navy officers predicting a military showdown and political leaders calling for China to sell more arms to America’s foes. The trigger for their fury was Obama’s decision to sell $6.4 billion (£4 billion) worth of weapons to Taiwan, the thriving democratic island that has ruled itself since 1949.
“We should retaliate with an eye for an eye and sell arms to Iran, North Korea, Syria, Cuba and Venezuela,” declared Liu Menxiong, a member of the Chinese people’s political consultative conference.
He added: “We have nothing to be afraid of. The North Koreans have stood up to America and has anything happened to them? No. Iran stands up to America and does disaster befall it? No.”
Officially, China has reacted by threatening sanctions against American companies selling arms to Taiwan and cancelling military visits.
But Chinese analysts think the leadership, riding a wave of patriotism as the year of the tiger dawns, may go further.
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JStation
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Coming from a business student, any talk of "cold war" is foolishness on China's part. These "major corporations" have a large group of people called "stockholders" who will "sell off" if they feel their investment is at risk. Every major sell off starts with news of one form or another. If they like their bustling economy, they will reconsider publishing unfounded polls like the one described. And on a personal note, India is right next door and the prices aren't much higher.
China, like many other rising nations, has become confused with how to achieve power; making political demands of another nation is not how you earn respect. But the clear issue right now is not necessarily China's actions, but the fact that President Obama has done nothing but shake hands, accept awards, and make more promises he hasn't kept. I would rather have the warmongering of Bush in the face of behavior like this than see this and watch Obama wake up and play basketball or pose for a few thousand more photographs with his wife at the White House.
For a nation so wrapped up in Palin's lack of "foreign policy experience", Obama sure seems to be giving her a run for her money.
- 2 years ago
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JStation
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SleepDirt
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JStation:
But Obama can't see Russia from his house
- 2 years ago
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SleepDirt
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DRudeBoy
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JStation:
What promises, exactly?
- 2 years ago
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DRudeBoy
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outtheinside
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JStation:
i agreed completely with your first paragraph.. then you went off the deep end buddy. the economy and well-being of your people is your power. China has never been confused about how to achieve that. china's actions to protect their economy is partly game theory and partly what they believe is policies designed for improving economic growth. for you to believe obama, as one man, is going to strong-arm china into changing the track they've pursued over the last 30 years isn't smart. take into consideration china is still a developing country and then you might realize that concessions we grant to them are concessions that lead to progress and growth for all developing countries. you can take back your warlord. i'll take the superiorly intelligent peacekeeper.
- 1 year ago
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outtheinside
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Monkey_Films
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Damn, looks like they get the next earthquake. Don't piss off Uncle Sam now that he's got a date with Mother Nature.
- 2 years ago
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Monkey_Films
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cztheday
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Alexandrek, you stated that China owns the U.S., and I provided evidence to the contrary. I also suggested that while the U.S. has plenty of problems, China has many problems as well. From the foregoing you conclude the existence of some kind of "superiority complex."
I guess I just don't see how the fact that I don't concur with your analysis means that I suffer from a mental impairment. I may be mentally impaired for other reasons (if brain power were dynamite, I couldn't blow out a match, for example), but that is a different matter entirely...
I have never visited China and certainly don't claim to be an expert on the country...but like most people I suppose, I have read a handful of books on Chinese history and many newspaper and magazine articles about events there.
My recollection is that here in the U.S. the general public's interest in China surged upward with the advent of Nixon's 1972 visit. Interest here and around the world then kind of exploded with the 1989 Tiananmen Square massacre in which some 2,500 to 3,000 protesters were murdered by the Chinese government.
Over the past decade, the thought has occurred to me that there is a certain irony in the fact that the number of dead from Tiananmen is not much lower than the number from the attacks on the World Trade Centers. The Chinese economy has performed extraordinarily well since Tianenmen. Much (most?) of that performance is based on trade with countries outside China that could have chosen not to trade with China following Tiananmen.
I think that the fact that China has recorded its history for 8,000 years in interesting. I also suspect that we in the U.S. could learn a great deal from the Chinese (and are doing so...one of my best friends in college was an absolutely brilliant young man from mainland China back in 1980, when they allowed just a tiny handful of their young people to study abroad. We used to talk for hours, and I am sure that process of mutual learning is hundreds if not thousands of times greater today...and that is a very good thing).
BUT I cannot forget that the horrific suffering endured by the Chinese people under Mao was really quite recent (he ruled with an iron fist until the mid-1970s) and that his reign of terror killed as many as 70 million Chinese, many of whom had committed only the crime of being intellectuals. He was no better than Stalin, Hitler or Pol Pot...and while his successors have been an improvement, they are unlikely ever to be remembered for their deep compassion.
8,000 years of recorded history didn't save those 70 million Chinese murdered by Mao or the thousands murdered at Tiananmen. That's the thing about history...it is not enough to write it down...you must then actually LEARN from it for that recorded history to be of any value...
- 2 years ago
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cztheday
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Katmai512
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So what if China doesn't have all those "Freedoms"? Those are American values. Their priority is to FEED, CLOTHE AND SHELTER their people. Don't expect China to simply adapt them just because -- remember, they have a long history on what worked and what didn't and I'm sure they'd rather read those accounts.
That's why I think they'd rather let Hong Kong be Democratic for now -- I suppose it's the smart thing to do, see how the social experiment works.
Have you seen what happened to countries forced to adapt Democracy as a political system when they aren't politically united to begin with? The very best case scenario you'd get is a government controlled by foreign interests; the worst is a government perpetually paralyzed by inaction.
- 2 years ago
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Katmai512
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SleepDirt
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Katmai512:
I wouldn't suggest that China adopt democracy but it's not a lot to ask that a government should not kill, torture and imprison it's own citizens for criticizing government policy.
- 2 years ago
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SleepDirt
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DRudeBoy
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Katmai512:
Katmai, if the Chinese government's priority is to feed, clothe, and shelter the people, how do you explain the rural and urban poverty, people being kicked off their land?
You should read about how the government handles AIDs, it's very sad.
China deserves a lot of credit for the advancements it's made in the past 60 years, the past 30 years, but that doesn't mean the Chinese government is some great force for the welfare of the people; they're just trying to keep order.
- 2 years ago
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DRudeBoy
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Katmai512
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DRudeBoy:
DrudeBoy, because you don't understand Chinese mentality -- they are willing to sacrifice PARTS to save the WHOLE. Read some of their ancient literature or strategy texts and it's all there. Good place to start would be Romance of the Three Kingdoms.
Even though China's made a lot of progress, she's still got a long way to go. What did you expect -- everyone suddenly owned a car after only 20 years of growth?
And as you said, the government's there to keep order -- a very Confucian philosophy of Harmony. The government's just doing their best to keep the MAJORITY from having adverse reaction to the government. All governments do this, albeit with different levers of control.
- 2 years ago
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Katmai512
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DRudeBoy
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Katmai512:
We shouldn't lump a country of more than a billion people into one collective mentality, I'm well aware Confucian culture places a great value on harmony, but that doesn't excuse government officials from lining their pockets on the backs of those (especially the rural poor) who fought and died for the PRC in the first place. There's a big difference between not everybody having an automobile and people losing their livelihoods due to local officials' greed.
The right to speak one's mind and criticize the government for committing gross injustices isn't a Western value, it's a universal right.
- 2 years ago
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DRudeBoy
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Katmai512
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DRudeBoy:
Much like some politicians in the US lining their pockets through pork too. Or war. As you said, we ought not to lump everything into one collective mentality and we can get examples on both sides of the argument on this. Yes, I understand some CCP bureaucrats lined their pockets through some shady deals, but the CCP dammed the 3 gorges and displaced people -- all for the sake of the greater good.
Yes, I do admit that some may feel wronged but it all depends on the priority of the leadership. As in the case of the 3 gorges development, angry peasants will just have to be looked over for the greater good; as in the case of the wronged rural poor whose lands were stolen, they can report the bureaucrat and hope for justice.
China has always had an ancient protest system wherein the aggrieved can march to the imperial palace to file a protest. Nowadays, I believe it's the same (but more high tech) although the party is beginning to be more strict compared to the imperial system. Some heads already DID roll (literally), as this former State Food and Drug Admin did (1).
The beauty of democracy is that it's supposed to render violent revolutions obsolete by simply voting away the old party and putting in new leadership. In China where leadership was an entitlement during the imperial days, that wasn't an option so revolution was the only choice. If injustices were severe, violence almost certainly erupted. The Republican system is a new system for China and I'm interested how this would come out.
I still stand by my conviction that Freedom of Speech is a Western value -- in Asian cultures, to speak your mind freely would be politically disadvantageous.
- 2 years ago
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Katmai512
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DRudeBoy
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Katmai512:
I agree with almost everything you said; especially the necessity of the Revolution, but I don't think the Chinese government gets a free pass on human rights issues on culture...
As for freedom of speech, think the Democracy Wall or Tienanmen Square
- 2 years ago
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DRudeBoy
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alexandrek [removed]
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alexandrek [removed]
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DRudeBoy
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alexandrek:
Compared to whom?
If the US government is a teenager, the Chinese government is an infant.
- 2 years ago
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DRudeBoy
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alexandrek [removed]
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DRudeBoy: This comment was removed by its owner.
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alexandrek [removed]
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DRudeBoy
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alexandrek:
Okay, does this make it superior? How about the rampant and unrelenting sexism associated with Confucian values? Pre-revolution Chinese culture, particularly agrarian Confucian culture, was one of the reasons the country was technologically surpassed and eventually divided by the West.
Americans have their own cultures, not necessarily American cultures, but cultures brought from the lands from where their ancestors immigrated.
- 2 years ago
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DRudeBoy
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alexandrek [removed]
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DRudeBoy: This comment was removed by its owner.
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alexandrek [removed]
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SleepDirt
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DRudeBoy:
China has a written history of more than 8,000 years, numb-nuts
- 2 years ago
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SleepDirt
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telcod
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alexandrek:
Like the tone of your response. Let's see; China, my daughter studied China for 4 months preparing for an academic decathlon. She hated every minute of the study, and did comment frequently on the Chinese were losers and she was especially verbal (ranting I believe) on their apparent occasional habit of eating unwanted babies..(waste not, want not). Now that's culture. But then she is the child who looked for a rock when a car drove by her and her mentally ill (and s/w disheveled) mother one day and the Afro-American young ladies inside where hurling invectives at her mother. Ah, just good old harmless fun American ghetto etiquette. More children of God. One more nail in our collective coffin.
- 2 years ago
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telcod
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DRudeBoy
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alexandrek:
I've never said any of those things or even eluded to them, I'm quite critical of the United States and its government.
You can still put words in my mouth in place of a coherent argument, it is, after all,a free country.
- 2 years ago
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DRudeBoy
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DRudeBoy
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SleepDirt:
Did I deny this?
Read my post, see where I say "Chinese government"
- 2 years ago
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DRudeBoy
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Katmai512
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DRudeBoy:
Systems exist either as an experiment or because it's survived the test of time. China -- with 2 golden ages (Han dynasty and the Tang/Song dynasty) has proven a record of more than a millennia. Until the Golden age of the West, China was the most advanced country in the world; and up until the mid-1800, China's share of world GDP was about 25% (1).
And remember, the Western end to Sexism happened within the last 100 years (correct me if I'm wrong), the world may take a while to adopt it. Even in the Philippines where people are exposed to American culture, the traditional Spanish Catholic upbringing still persists and ancient cultural submission by women are still the norm.
After reading history for a while now, I think Asia was leapfrogged by the West due to:
1. Constant European wars forced technological advancement in arms. This helped eventually. Mostly pacified Asian regions didn't get to have major wars.
2. Colonies. Weaker countries colonized by the West did get the gold flowing -- and Spain did get a lot of gold from South America, which got circulated in the economies of Western Europe.
3. The Empires of Asia were rather old and institutional sclerosis have already formed by the time of Western Imperialism. It took a while to defeat the crumbling old superstates but they did collapse eventually.
1 http://www.visualizingeconomics.com/2008/01/20/share-of-world-gdp/
- 2 years ago
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Katmai512
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outtheinside
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Katmai512:
i know i'm late to the party, but your analysis and graph have something to do with published works regarding "the reversal of fortune". look up Rodrik's "reversal of fortune".
- 1 year ago
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outtheinside
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telcod
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Old Chinese saying, "Do not trust the Chinese." Got that in a fortune cookie once. Say nice Asian person and carry a really big stick. I am not from that tribe in this life, the next or a former.
- 2 years ago
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telcod
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DRudeBoy
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telcod:
This is probably one of the must foolish things I've read all day
- 2 years ago
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DRudeBoy
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Almibry
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telcod:
Fortune cookies are an American invention. FYI.
- 2 years ago
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Almibry
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Mark701
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So China is squawking, let them squawk. Second if China is becoming an issue you can, in large part, thank corporate America who has sent them millions of US jobs. China now has an enormous manufacturing base that can be converted to producing military hardware just as the US did in WW II. Still, if they REALLY wanted to hurt us, they could start selling off some of the 1.5 TRILLION in US securities that W sold them to finance his tax break for the rich and his tirade in Iraq.
China is a self inflicted wound brought to by US politicians on behalf of the corporations that support them.
- 2 years ago
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Mark701
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DRudeBoy
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Mark701:
I think we and the Chinese could have a lot to gain working together. Since the U.S. has encouraged the opening up of China, living standards and human rights have improved. It wasn't really corporate America sending them jobs, it's just the way business works. China has this huge workforce and a lower cost of living, why wouldn't corporations look oversees to produce their goods?
Either way, our economies are far too interdependent for either party to want to seriously damage the other.
- 2 years ago
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DRudeBoy
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cztheday
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I fully concur with much of concern expressed on this thread regarding the loss of American manufacturing base (though I DO get the impression that few people understand the enormous manufacturing capacity that still DOES continue to exist in this country -- in 2007 alone, the U.S. sold $1.7 TRILLION worth of goods manufactured in the U.S.).
But I have to take issue with the notion that the U.S. does not continue to lead the world in innovation. Compared with any other country in the world, we have a staggering number of outstanding universities. Our research facilities, and our best and brightest minds are the envy of the world.
Over the course of the past century U.S. candidates have won nearly 300 Nobel prizes in categories that include physics, chemistry, medicine, economics, etc. That is almost three times the next closest country (the United Kingdom, which passed 100 somewhere around 2004).
Yes, many of our public school systems are in disarray, and we would benefit greatly if people would read more and watch television less. But there are millions and millions of exceptionally bright and talented individuals in this country.
I have a close friend who is fond of torn and faded blue jeans and Grateful Dead t-shirts and who wears his salt-and-pepper hair in a long ponytail. When you walk into his little office, you see walls COVERED in mathematics prizes that he has been awarded from all over the world. You just never know...
- 2 years ago
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cztheday
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SleepDirt
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cztheday:
I don't disagree, though an education is now all but unattainable unless you are born rich. And as you said, the public school system is in disarray....by design, I'd add.
- 2 years ago
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SleepDirt
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current89
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Lets start off by examining the article, but more so, the substance of the poll. The article states that "almost 55% of those questioned for Global Times, a state-run newspaper, agree that 'a cold war will break out between the US and China.'"
Any poll conducted by the Chinese government should automatically be placed into question. Its too easy for them to fiddle with the numbers, demographics etc. That does not mean the poll is incorrect, but its validity is questionable.
Now, onto the topic at hand. The likelihood of the Chinese halting all trade with US is virtually nill. We owe the Chinese a large amount of capital and we buy a substantial amount of their products. If they implemented cold war type policies, there would be little reason for the Government of the United States to pay back the debt.
Lastly, though President Obama has made missteps, his criticism of China's currency handling is completely valid. The Chinese have purposely reduced the value of their currency, which in turn creates massive trade gaps between nations, and those gaps unfairly benefit China. This must be addressed, and hopefully President Obama is doing so, correctly.
- 2 years ago
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current89
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outtheinside
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current89:
The flip side to China's managed exchange rate regime is that we too have technically been managing ours. Only the U.S. has the privilege to print as much currency as we'd like (of course to an extent) to stimulate our economy without fears of huge inflation. Any other country to print like we have would be down in the dumps. China's argument is that until we cease our semi-controlled depreciation by printing for domestic stimulus, then they have no reason to stop their over-valued currency. Of course, they only took that stance recently and don't discuss the past decades of managed exchange rate. I'm hoping that they'll have to heed to their latest argument - when our economy is back up and growing, they'll stop their management.
- 2 years ago
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outtheinside
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current89
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outtheinside:
Agreed, we have been manipulating our currency, but as you said only now that our economy is (or was) flattering have they brought up the issue. All in all both nations need to change their practices of currency manipulation.
- 2 years ago
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current89
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tommytripper
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well seeing as the first cold war was a lie i think this is sort of funny...
and with the state of American, manufacturing and the current level of dept and devalued dollar, the fact that a handful of corporations run everything and unless they see benefit (profit) they will not act. and an slowly increasing decent both manufactured by political interests and legitimate grievances.
vs china
a massively displaced population due to its rapid expansion, an economic system which has more smoke and mirrors then David blain and Chris angel combined. a centralized power base that can rapidly change the course of manufacturing, a quickly easily refined source of oil on its door set (iran) and a quick to develop source of natural gas (russa),
and holding the majority of the US dept with their smoke and mirrors economic system leaves both sides in a very odd situation of codependency
neither side on the surface at least really has a strong base to stand on. and it sort of reminds me of two peacocks flapping away at each other both of them with out feathers...
as cheaply amusing as it is, there is a WHOLE lot of BS in the air.
- 2 years ago
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tommytripper
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wally60
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our polictians and our corperations sold us out over the last 20 years.
china would still be in the stone age if we hadnt helped them.and
all this for money.when this all goes down the tubes remember who
was the cause.we had better start building manufacturing capabilitys in the
us or we are going to be screwed. - 2 years ago
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wally60
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Incredulous
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wally60:
not to mention our universities. take a look at the online dissertations for any university and count the number of Chinese students over here getting a free education on the American taxpayer's dollar, and don't kid yourself, we are completely financing their graduate degrees. Take a look at how outnumbered the average American's child is in the science fields, in their own univeristies. Our tax dollars are paying for Chinese educations, and the Chinese are not stupid. Chinese students are coached on how to get into American universities with fellowships and assistantships that are paid for with American tax dollars.
Talk about being sold out. How about we retaliate by sending all their students home and letting China educate their own, then maybe we could afford to pay a little more attention to our children's needs, but hell no, we are too busy paying homage to the god of multiculturalism to notice that we have pulled the Trojan horse within the gates.
- 2 years ago
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Incredulous
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outtheinside
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was this featured in the comics section?
this is like saying "ignorant americans want to cease all trade with china after lead found in baby's toys"
- 2 years ago
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outtheinside
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bileypwel
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I remember that show, and I am unsure if it was the Chinese responsible for the nuclear attack. If I remember correctly, the characters really had know idea who was responsible and all they had was the usual geopolitical saber rattles until the attack. It was a good show, shame it got canceled. Now, with the current situation, it could go in any direction. There is a critical situation taking shape, and there is no doubt about it. War is in the air. Who will fire the first shot? That is the million dollar question.
http://ezinearticles.com/?Muscle-Might-Review---Does-Muscle-Might-Work?&id=3080236 - 2 years ago
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bileypwel
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tommic
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The Chinese will do no such thing, we would default on our debt to them throwing them and the world into a worldwide depression that no bailout would fix
800 billion is a whole lot of money, a default would severly hurt the Chinese economy. - 2 years ago
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tommic
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Monkey_Films
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Sure, let's blame all of this on China's 'Communism' and forget about America's Imperialism.
- 2 years ago
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Monkey_Films
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navider
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Who did not see this coming? China is a communist country without basic human rights, 1.3 billion people, encourages slave like labor, does not believe in copyrighting both products and intellectual property (ie. the Explorer hack attack on the west that happened last month), is not a free country, and makes it impossible for western countries to compete with their labor rates and product prices.
The sooner a ban on chines goods and labor and trade the better for the united states and our economy.
- 2 years ago
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navider
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DRudeBoy
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navider:
Banning trade with China would tank the US economy; we're completely interdependent, well, maybe not completely; but no sensible leader in either country would break our strong economic ties.
- 2 years ago
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DRudeBoy
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Katmai512
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navider:
A country's priority is in feeding, clothing and sheltering her population first. Please don't confuse Human Rights with Freedom of Speech and Democracy -- these are purely Western values. And Slave labor? Have you ever BEEN to China?
Let me tell you this: my grandfather's from a little town just about 3 hours away from Xiamen in Fujian. He left when the Chinese revolution started and had live in the Philippines since. He hates Mao Zedong.
I visited with him (the first time he went back to China after the war) around the early 90s and I can remember our original hometown looking bleak and smelly. There was only 1 (yes, ONE) Western style toilet seat in the entire village which I got to use just once. It was a very agrarian society and electricity wasn't even guaranteed at night. There was barely any buildings
Fast forward to just 3 years and my dad went back with my grandfather and he couldn't even relate to what I was telling him -- buildings were being built all around, etc. And when I got married last 2008, I saw one of my uncles from China visit the Philippines -- and the guy was LOADED with cash. I can remember him more than a decade back and he was wearing a simple shirt and his family house was this ancient house. He was then telling us how their family's got a new home; how his kids are now working for a big company and all that good stuff.
The U.S has been teaching the world to adapt Capitalism and to learn how to compete and it's been devastating to some industries while the U.S. enjoyed her preeminence on those industries. Now that the world's finally learning how to compete and play competitive advantages, the U.S. is now crying foul play?
On high U.S. wages, how come Germany and Japan can still compete amidst some of the world's highest wages? On currency manipulation, isn't the U.S. equally guilty of it too?
- 2 years ago
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Katmai512
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Almibry
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Does anyone else get the distinct impression that we're screwed? As questionable as the Chinese products are, if we can't buy them, we don't have the factories to pick up their slack. We are a country of consumers.
America:
con⋅sum⋅er
/kənˈsumər/ Spelled Pronunciation [kuhn-soo-mer]
–noun
1. a person or thing that consumes.
2. Economics. a person or organization that uses a commodity or service.
3. Ecology. an organism, usually an animal, that feeds on plants or other animals.China
sup⋅ply
1 /səˈplaɪ/ Spelled Pronunciation [suh-plahy] verb, -plied, -ply⋅ing, noun, plural -plies.
–verb (used with object )
1. to furnish or provide (a person, establishment, place, etc.) with what is lacking or requisite
2. to furnish or provide (something wanting or requisite)
3. to make up, compensate for, or satisfy (a deficiency, loss, need, etc.)
4. to fill or occupy as a substitute, as a vacancy, a pulpit, etc.If we are going to spend our time pissing off China, we should start spending our money on entrepreneurs, and invest in little upstart businesses locally. I'm sure that this topic will become more popular when shirts and shoes are harder to come by.
My thanks to dictionary.com
- 2 years ago
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Almibry
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remanns
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Almibry:
Self reliance baby. F the entrepreneurs, get your own shit together; we need to get back in touch with the "Hey,....I can make that myself" element of life.If someone else is "feeding you, clothing you, making everything that makes "You" work----THAT is the fundamental substrate of your problems and weakness, and your dignity and self worth has been mortgaged to the devil to begin with.
Better to live free briefly, than hang on to dregs and count on bought men to sustain you. - 2 years ago
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remanns
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Almibry
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remanns:
Agreed, but the rest of the country can't be bothered with do it yourself projects. My family loves me, and they still think I'm a total nutcase/annoying know it all when I try to tell them about all of the things they can do for themselves. As for me? I want a nice cave in which I can self sufficiently live out my days, but I can't have everything and that is probably what causes people to think I'm unstable. *sigh*
- 2 years ago
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Almibry
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CarlosIsDown
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They don't say our fates are intertwined for nothin'.
- 2 years ago
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CarlosIsDown
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CalgarC
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what will happen to all the goods and services created by Chinese labor...
- 2 years ago
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CalgarC
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cztheday
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alexandrek:
While I understand the tendency to credit China with awsome power and competence given their strong growth, it is also easy to go way overboard in that regard. Two thirds of their people continue to live in conditions that would equate to abject poverty in the U.S.
While we in the U.S. unquestionably continue to do great harm to our environment, we are rank amateurs compared to the destruction being wrought by the Chinese government. Their shoddy construction standards (or lack thereof) exponentially compounded the deaths in their recent earthquake.
And while we have a great deal of corruption in our federal, state and local governments, again, it pales in comparison to the corruption and open bribery of officials at all levels of the Chinese government.
All of this ignores the fact, of course, that they operate a totalitarian police state where people who say the kinds of things I am typing right now tend to disappear and are never seen again.
Finally, China does not "own" the U.S. It holds less than $800 billion of our national debt, while our ANNUAL gross domestic product is $15 TRILLION.
Even if their current growth rate continues (unlikely, given that many of their industries are operating at unsustainable rates of excess, unsold and unsellable output), it will be decades before their economy would be as large as ours...and their national wealth would still be spread over at least three times as many people.
- 2 years ago
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cztheday
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CarlosIsDown
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cztheday:
Agreed. If you owe $10,000 to the bank, the bank owns you. If you owe $100,000 to the bank, you own the bank.
- 2 years ago
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CarlosIsDown
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Almibry
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alexandrek:
Are you trying to prove their superiority with your bad grammar alexandrek?
- 2 years ago
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Almibry
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alexandrek [removed]
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alexandrek: This comment was removed by its owner.
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alexandrek [removed]
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alexandrek [removed]
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Almibry: This comment was removed by its owner.
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alexandrek [removed]
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Almibry
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alexandrek:
Well whose to say when a decision should be made? Is it when we've collected enough information on the subject? If so, then how do we know that the info is enough? Does the information itself tell us we know enough or do we just have to make a choice because we've become bored with researching? Do we decide because we're out of time and we've reached some deadline? Because we have a strong feeling in our gut? Because we read the answer on a turtle shell, or some tea leaves? I personally know that I use a combination of these options (minus fortune telling), I can't answer for the rest of America, I'm not a mind reader, but if I had to guess then I would say yes, Americans think before they choose, because what other choice is there? I for one cannot live without thinking.
I can understand how you may believe that their thought processes may be different. I don't know much about Chinese history, or language, but I do know some things about the possible causes for these differences because of my studies in Eastern religions and our inability to translate them properly. When there are words that are both nouns and verbs (like fist, correct?) among other things, I'm sure it makes it harder for us to understand each other.
But I'm afraid I don't understand you. You say it's not about superiority after saying "They smarter than us, they think before acting, they buy instead of invading, they never start anything without a long term strategy, we have a lot to learn from them!"
Like Americans haven't got a concern beyond today. Maybe you've been in China so long you've forgotten what condescension sounds like to us primitive non-thinkers over here in the western hemisphere! - 2 years ago
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Almibry
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Almibry
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alexandrek:
I'd like to see them try to move in. Can anyone say "tiger pit"?
- 2 years ago
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Almibry
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cztheday
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alexandrek:
No, China does not "own" the USA...nor do you provide any evidence whatsoever to support that assertion. China does not even own a majority of our debt. They hold 23% of the value our outstanding treasury notes -- i.e., less than a fourth. In just one year, the U.S. produces 20 times as much value in goods and services as the value of our debt to the Chinese.
Had we chosen to do so, we could have paid off our entire debt to China with the amount spend on the stimulus package. That would have been a really stupid thing to do because it would have done almost nothing to stimulate economic activity, and we still would have been left with the 77% of our debt that we owe to OTHER countries, but that gives you a sense of the kind of money we are talking about -- not chickent feed by any means, but not exactly looming disaster, either.
I don't know how old you are, but 25 years or so ago, people were running around saying that the JAPANESE owned the U.S. Despite its economic woes Japan STILL has the third largest economy in the world, close behind China's. But nobody is asserting that Japan owns us anymore.
- 2 years ago
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cztheday
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DRudeBoy
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cztheday:
I agree with you for the most part, but I'm somewhat hopeful about a new globalized generation and conflicts within the Party. People can air their grievances with the government, they can protest if their factory is closed down, for example, it's only when a protest takes a political turn that a Party official will make an appointment with you and tell you to cool it.
One of my professors wrote a book on China's current State which was originally printed by the Communist Party Press; after three to six months it was banned, but the fact that is was printed by the Party and then banned illustrates conflicts within the Party over speech rights and criticism of the government.
My word is only worth so much, though. I'm sure you know more on the subject that I do.
- 2 years ago
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DRudeBoy
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remanns
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CarlosIsDown:
Make that, owe 100,000 , (no hope),............. and 1,000,000 ( If your really really close to making it, they will cut you some slack,...for a bit). and you come close to some truth.
---closer to the bar----
1,000,000 (still owned, some slack given),....and 10,000,000 ( not owner,....but enough in the game that they will work with you),... and I don't disagree.Banks are Big. Even small banks.
- 2 years ago
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remanns
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cztheday
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The U.S. and China have a very strange relationship, but I don't see the rise of a cold war such as the one between the U.S. and the Soviet Union anytime soon.
For one thing, a huge portion of the massive manufacturing capacity that forms the basis of China's economic surge is dependent on being able to sell those manufactured goods in the U.S., by far and away China's largest foreign market.
For another, while we cannot afford to lose China as a purchaser of our debt, neither can China afford to piss us off so badly that we default on nearly $800 billion in treasury notes.
But conflict between the two countries is already widespread. For example, the Chinese government pays individuals and groups across China to conduct hundreds -- if not thousands -- of cyberattacks every day on our public and private network infrastructure.
- 2 years ago
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cztheday
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SleepDirt
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cztheday:
China has other options to expand it's empire such as proxy wars.
It's been profitable for America for the past fifty years. Ask anyone in South America.
I suspect making crap for American consumers is viewed by China as just a stepping stone and, since America is permanently unemployed, a temporary one at that. - 2 years ago
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SleepDirt
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SleepDirt
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cztheday:
And, yeah, the US and China have a *very* strange relationship. Last I checked, it's a Communist totalitarian police state that offers capitalism for high-level party apparatchiks and other party elites. Its military is incredibly wealthy, holding vast properties throughout the world much like the Republican Guard in Iran and the ISI.
Interesting how the right is never heard demonizing China as though they are swell guys all around. Same can be said of Saudi Arabia, the extremist Wahhabi theocracy.
In the case of America, I suppose state-sponsored corporate terrorists Blackwater would be the closest comparable model in terms of military readiness combined with vast wealth.
- 2 years ago
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SleepDirt
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alexandrek [removed]
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SleepDirt: This comment was removed by its owner.
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alexandrek [removed]
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cztheday
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SleepDirt:
With all due respect, Sleep, China makes a great deal more than just "crap" for American consumers. Further, while we are unquestionably struggling with an unacceptably high rate of unemployment at 10%, the flip side of that number is that 90% ARE still employed...so "America" is far from being unemployed. Several of the European Union's largest and "healthiest" economies would consider 10% unemployment to be a significant IMPROVEMENT to their normal rates.
We continue to purchase staggering amounts of Chinese goods, and the closing of our markets to Chinese industry would not just end their strong growth; it would plunge their country into a Great Depression that would make the U.S. during the 1930s look like a walk in the park.
- 2 years ago
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cztheday
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OrbViper
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cztheday:
Well in the UK the unemployment rate is 7.8% (though that is thought to have decreased), Germany has 7.7%, Italy it is 8.5% and France is 10%. They are definitely the largest economies in the EU, so can you tell me how 10% would be an improvement for most of them?
- 2 years ago
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OrbViper
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OrbViper
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OrbViper:
And then the next largest is the Netherlands...with 5%. Even overall the EU has an unemployment rate of 8.9%, and a larger GDP than the US. A more even Lorenz curve also. No offence, but I like our economy a bit better than the United States' one.
- 2 years ago
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OrbViper
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Incredulous
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cztheday:
sadly true...and I remember taking my first economics class and coming away wondering why the success of our systems is predicated upon consumption, the more you consume, the healthier the system remains...it just doesn't seem to pan out well in the long run.
- 2 years ago
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Incredulous
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agreeablestatistic
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Incredulous:
you must not have been paying attention in econ.
economic growth is driven by innovation.
- 2 years ago
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agreeablestatistic
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cztheday
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OrbViper:
OrbViper,
I understand your point -- though I am not sure what you mean by saying that you like "our" economy better than that of the U.S. I would disagree rather strongly that the E.U. has, in and of itself, an economy. Germany has an economy, as do France, the UK, Spain, Italy, etc...but I just don't think the EU is sufficiently closely knit just yet to be speaking of it as having an economy. Many (most? all?) of those countries would knife each other in the back in a heartbeat to protect a critical company or industry in their country (and have already done so, as you know).
As to unemployment, I didn't say (or mean to imply) that the current U.S. unemployment rate is better than the current unemployment rate in every major economy in the EU. I said that 10% would be considered an improvement to their NORMAL rates. I don't believe the current rates in many of those countries would be considered "normal" if you looked at historical data.
For example, in Germany, Europe's largest economy, unemployment was at or above 10% from 2000 to 2006, when it stood at nearly 12%.
In Spain, unemployment was 16% in 2000, remained above 11% through 2004 and now stands at 14%.
In France, unemployment from 1984 to 2000 was rarely below 10% (and often above 12%) and never dropped below 9%.
In Italy, unemployment was at or above 10% from 1993 to 2000.
In Greece, unemployment was at or above 10% from 2000 through 2006.
As to the future, an enormous demographic problem currently faces the western European economies as a result of two factors: 1) that more people will die each year than will be born in most western European countries beginning this year (it began in 2005 in Germany), and 2) the proportion of people over 65 is already skyrocketing, meaning that the proportion of working-age western Europeans compared to the population as a whole is plummeting.
While I don't buy into the predictions of "Demographic Armageddon" being tossed around by some analysts, there is little question that these trends are going to put enormous pressure on those economies. The U.S. is by no means immune to these same trends, of course. But the predictions on this side of the pond are certainly much less dire than those on your side.
On the whole, I would still rather be in the U.S. Historically, I think that our economy has proven to be more resilient...but I would agree that the EU is performing well at this moment in time, and I hope it continues to do so. A rising tide lifts all boats.
- 2 years ago
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cztheday
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OrbViper
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cztheday:
Well hopefully any problem in demographics could be seen to with immigration...though I'm sure that some people would be very adverse to it. I think that the ageing problem isn't really a problem as such, just wish more countries would reach that point, or at least some level off point. The world's pretty full, don't think the resources can cope with any more. I'm still more supportive of the European economies however, though I guess that's just down to what you want to work like within an economy. While the US does look like it has a GDP per capita, the system is a lot less distributive, and the mean GDP per capita is no where near the median GDP per capita. And US workers work an extra 30%, and while that is counted in the GDP the cost of the free time is not accounted for. Things just seem more relaxed, and I would say that the US economy is more stable than all of the economies in Europe, especially Germany and France are looking quite well from the credit crunch. Greece on the other hand...well, not so well...
You're right, it is pretty hard to characterise the EU as one big market, when it obviously isn't. Has quite a few layers to it, and fundamentally they are separate states. I guess what you prefer also comes down to your political opinion. Saying that, the UK is more similar to the US in many respects than some of its European friends...I guess we'll all just see what comes out well in a years time.
- 2 years ago
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OrbViper
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OrbViper
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OrbViper:
Sorry, just realised my post is a bit all over the place, I left and came back to it...so if it doesn't make much sense, don't worry.
- 2 years ago
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OrbViper
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Katmai512
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cztheday:
Here's some stats from another China discussion at http://current.com/items/92051413_2010-already-a-bad-year-for-china-and-the-us.h...
MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES AS OF NOV 2009:
(in billions of dollars)1. China, Mainland 789.6
2. Japan 757.3
3. United Kingdom (a) 277.5
4. Oil Exporters (b) 187.7
5. Carib Bnkng Ctrs (c) 179.8
6. Brazil 157.1
7. Hong Kong 146.2
8. Russia 128.1
9. Luxembourg 91.7
10. Taiwan 78.4**** China with HK collectively holds 935.8 Billion dollars in treasuries as of Nov 2009.
From: http://www.ustreas.gov/tic/mfh.txt
From CIA Factbook (https://www.cia.gov/library/publications/the-world-factbook/index.html):
China unemployment: 4.3% (September 2009 est.)
Export partners:
US 17.7%, Hong Kong 13.3%, Japan 8.1%, South Korea 5.2%, Germany 4.1%
Imports - partners: Japan 13.3%, South Korea 9.9%, US 7.2%, Germany 4.9% (2008)China and ASEAN (Association of Southeast Asian Nations) have just put into effect a FTZ (Free Trade Zone) covering nearly 1.9 BILLION people. Although the reception was lukewarm, the fact that it's already in place means that should China-US/EU relationship somehow sour, China immediately has an open market to play with. And even better -- ASEAN's a mostly developing bloc and is still growing.
http://www.economist.com/world/asia/displayStory.cfm?story_id=15211682
http://www.asiaone.com/Business/News/SME+Central/Story/A1Story20100107-190265.ht... - 2 years ago
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Katmai512
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SleepDirt
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alexandrek:
So you are saying you have freedom of speech rights and freedom of religion, freedom to assemble for a peaceful protest against the gov't.?
Correct me if I am wrong.
- 2 years ago
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SleepDirt
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Saladin
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The Global Times is state-run, it's completely unreliable. Its poll is likely falsified, although it might be representative of current policy attitudes.
But even if China really was that pissed off, they're as reliant on us as we are on them. They're not about to fuck with us just because of some political tension, we've had similar problems for decades.
In a few months, they'll likely have totally forgotten or at least have cooled off about it.
Remember Georgia-Ossetia and the Polish Missile Shield? We're not at war with Russia and those were a fair bit more serious.
- 2 years ago
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Saladin
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SleepDirt
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Saladin:
Hard to say but could be. I know US neocons are war-gaming China and have been for some time.
As for the Times, they are not state-run; I wish they were. Its a Rupert Murdoch property.The Times is a daily national newspaper published in the United Kingdom since 1785 when it was known as The Daily Universal Register.
**The Times and its sister paper The Sunday Times are published by Times Newspapers Limited, a subsidiary of News International. News International is entirely owned by the News Corporation group, headed by Rupert Murdoch. Though traditionally a moderately centre-right newspaper and a supporter of the Conservatives, it supported the Labour Party in the 2001 and 2005 general elections.[2] In 2005, according to MORI, the voting intentions of its readership were 40% for the Conservative Party, 29% for the Liberal Democrats, 26% for Labour.
- 2 years ago
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SleepDirt
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opit
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The Great Depression occurred to a people much more rural and less reliant on 'infrastructure' to survive. Between water pollution, Monsanto seeds, a debased currency, and men maddened by war lust...'interesting times' is a gross understatement. If you don't have fuel for the furnace...will you freeze ?
- 2 years ago
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opit
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SleepDirt
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opit:
Some will.
- 2 years ago
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SleepDirt
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YakovFox
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i find it amazing how PROGRESSHIV manages to SHIT on every article i have ever read on current. fuck off
- 2 years ago
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YakovFox
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SleepDirt
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YakovFox:
How so? Please explain with respect to this one in particular.
I see no such thing. - 2 years ago
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SleepDirt
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kilo88 [removed]
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way to fucking go Obama, some nobel price deserving politician you turned out to be
- 2 years ago
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kilo88 [removed]
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Progresshiv
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kilo88:
Similar to your skill as a writer and grammarian, perhaps.
- 2 years ago
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Progresshiv
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SleepDirt
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kilo88:
WTF are you talking about?
- 2 years ago
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SleepDirt
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SleepDirt
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kilo88:
Perhaps you need a little educatin'. I assume you missed out on that luxury not always afforded to unfortunate children of red states from families that are of less than baronial stature.
2005-China in America's cross-hairs: Robert D. Kaplan and neocon hawks clamor for new Cold War
This did not crop up since January 20, 2009, much like the economic crisis. Sure, it's convenient and gratifying to blame it on the incumbent but, foreign policy crises don't crop up overnight and this one is no different. Under the smokescreen of the debacle in the middle east there have been a few other activities by the neocons who desire and actively seek a permanent war-footing for America. This is just one of them.
Allow me to offer an opportunity to get current.
China in America's cross-hairs:
2005- Robert D. Kaplan and neocon hawks clamor for new Cold Warhttp://www.fromthewilderness.com/free/ww3/062005_kaplan_clamor.shtml
Read it and learn something or shut the fuck up.
- 2 years ago
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SleepDirt
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Progresshiv
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The tradition of the Yankee Trader has, almost since the inception of the Republic, been intertwined with China, starting with the opium trade. Americans and British entrepreneurs attempted to take China’s vast market by force in the 1800s and 1900s, but the Chinese beat them back. A really fun novel about this process is Taipan by James Clavell.
My ex mother-in-law, Ms. Chen, grew up in Shanghai, where her father was the chief trade liaison between China, Britain, and the U.S. Her father owned an entire city block in Shanghai where the family lived in a multistory building. Grandpa lived on the top floor, and every night after dinner she and her siblings would vie to see who had the privilege of lighting his opium pipe.
In the mid 1930s, Ms. Chen was working as a telephone operator in Shanghai when she looked out the window to see Japanese tanks rolling by. Her father was able to get her a passport and a ticket out of the country, and she came to New York, where she met and married my ex father-in-law. Her parents and elder brother were imprisoned by Maoists and spent several years in labor camps. Her mom and dad perished, but her brother became a Communist Party member and rose to become the head translator of Western films for the government. He lived until the mid-1980s, and Ms. Chen died in the 1990s.
Her family is a typical example of what happened to middle-class Chinese families during the Chinese revolution, and for their descendants in China, memories of war and upheaval are still fresh. Those cultural experiences have shaped Chinese thinking, and lately, the young people in China, flush with cash and better living conditions, are demanding a bigger share of the world’s goods and services. Their manufacturing sector has been kicking our lazy and ignorant asses for 20 years, and we are just now awakening to the fact that they have us at a big disadvantage.
Americans are so focussed on the present and so ignorant of world history that they will not be able to adequately respond to the economic reality that China’s power represents. This will inevitably lead, in my opinion, to military confrontation, and the Chinese have never been known to worry about niceties when it comes to war.
I feel bad for the generation which is now reaching its teen years in America, because they will face the gravest threats to the existence of the United States. Our generation cannot stop this freight train. The loss of manufacturing jobs is no more or less than a prelude to the Main Event, which will begin some time around 2020, if not sooner.
- 2 years ago
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Progresshiv
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SleepDirt
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Progresshiv:
Very interesting story.
I agree that war with China looms in the near future in some form. It will probably be a cold war with many proxy wars around the globe. I expect a lot of competition for South America which means more close-proximity war for America to add the fearsome, bloody and growing 'drug war'.Of course, underlying all that is the increased threat of nuclear exchange, though more likely to play a role as deterrent.
So much for ever seeing civil liberties return to a barely acceptable normal level in my lifetime.
- 2 years ago
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SleepDirt
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Progresshiv
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SleepDirt:
We were extremely lucky to live in America's age of riches, and now, perhaps, we will get to see what the rest of the world has been living through while we were lounging around, planning our vacations and deciding where to shop.
- 2 years ago
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Progresshiv
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SleepDirt
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Progresshiv:
Yes. Shit>Fan The worst is yet to come, I'm afraid.
For one thing, the unique US 'consumer based economy', a log-standing illusion, is collapsing like a house of cards. More to the point, it's about over. Of course, it must be Obama's fault because he has been in office for over a year and it was all peachy before that.
The job's are not coming back. The recession looks as though it is about to enter phase II of double dip and America has no manufacturing base sufficient to serve it's needs.
As the Chinese curse says, "May you live in interesting times".
- 2 years ago
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SleepDirt
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remanns
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SleepDirt:
The problem is that there isn't REALLY any such thing as a consumer based economy, just consumer based economic decline. MAKING things is the source of ,...er,...actually having things you can hold on to. Information based economy is all very well and good,....but information is more like currency, and it almost always devalues with the passing of time. Its all about "the stuff",....and the energy to make stuff. I think our culture has become psychologically/philosophically detached from this hard reality. (Though we still seem to have a certain enthusiasm for the "just take stuff" notion.)
- 2 years ago
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remanns
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SleepDirt
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remanns:
Yeah, the 'just take stuff' notion. China might have decided that'll work for them as well. Of course, they did a long time ago but kept it minimal for a few decades. This could be about to change.
The problem for the US in the future when it wants to go out and take stuff by force is that China may no longer be prepared to loan it money for gas. - 2 years ago
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SleepDirt
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Incredulous
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Progresshiv:
holy crap PC...you have got more interesting stories than you ever let on...thank you for sharing that.
- 2 years ago
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Incredulous
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Incredulous
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Progresshiv:
I would like to add that even though we have been extremely lucky to live in America's stage of riches, it is not a completely bad thing for humans to become less dependent on the 'things' we have allowed ourselves to become dependent upon, and a lot of us have already come to that conclusion as we attempt to be more conscious of our consumption habits.
There is a difference, I would suggest, between what is good for the human, and what is good for the systems the human constructs.
- 2 years ago
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Incredulous
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Progresshiv
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Incredulous:
Well said.
- 2 years ago
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Progresshiv
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Varex_Sythe
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Fuckberries.
- 2 years ago
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Varex_Sythe
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SleepDirt
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Varex_Sythe:
Fuckberries! Those are great on Count Chocula.
- 2 years ago
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SleepDirt
