China's New Missile: A Game Changer?

That IS the nuts and bolts of it. +^d

Catch up to what exactly? They are a nation of thieves. They don't create anything they just steal the technology and reproduce it.

That's way to logical!

India...they are also a rapidly industrializing nation with a much larger potential consumer base than the United States.

Though, this is another reason why China would never go to War with America. Why would they?

India still doesn't have the wealth. I guess if we go to war and stop buying their crap, they'd have to lower prices, but they'd stop making stuff too, 'cause they'd be selling from (in that particular scenario) overproduction.

Lets hope so!

This is not a game changer. Don't forget that a Carrier ALWAYS travels with a "Carrier Battle Group." The Battle Group outside of the Carrier itself has a single primary job, to protect the Carrier. Also, every ship in the Navy has a CIWS (Close In Weapons System) and every Carrier has two, positioned Fore and Aft. (I was in the Navy) These weapons can fire nearly 5,000 rounds per minute and their entire function is to completely destroy anything flying on an inbound trajectory. They are devestatingly effective. I have personally seen them in action. I am not afraid these new Missiles pose that much of a greater risk. Perhaps a slight increase, but definitely not a game changer.

I am just worried the Korean peninsula is heating up again and the South Koreans want revenge for the North's recent action!

It is worrisome, however this notion that China is North Korea's patron is somewhat inaccurate. China only helps North Korea in so much as they don't want refugees flooding into China and will take every opportunity to have more influence in the Asian theater. China would not get too overtly involved in any military conflict on the Korean Peninsula.

I thought they had some kind of pact like coming to the defense of them like a NATO country type pact.

They may now. i could be wrong. China and Korea have long been antagonists though.

I thought back in the Korean war China came to their rescue and have had that pact since!

China only got involved in the Korean War because the United States under McArthur had pushed the North not only passed the 32nd Parallel, but actually passed the Chinese border. We were pursuing the North Koreans into China. If McArthur had had it his way we would have gone to war with China at the same time. He actually pushed for the President to use tactical Nuclear strikes on China and just let him continue the war straight to Beijing.

Ya I had a good friend who is deceased now but he was part of a defensive position that took wave after wave of Chinese attack. He said they all seemed to be on the same page and just kept coming. The DMZ current separates the two Korea's and I personally think the out look, looks like a reunification eventually. Somehow the North needs a new system and honor is of highest order with the Asian's. Kind of an embarrassment to admit your way of life the totalitarian way for over 60 years was a mistake.

Good question! We sure could have saved a lot of money on other useful things instead of making more and competing to be the big kid on the block!

I agree the US spends more money than any country on defense. our military probably saw this photo and said "thats it"? I dont believe china is our enemy in fact i think they need us just as much as we need them.

How did you get that cool type at the beginning of your comment?

There alt codes...varied by different computers ♣, ♦, ♠, ♥, lol. Try your keyboard configurations. ☺

Thanks I'll give it a shot! Man I'm getting old, just when I think I've learned something new on the computer and this cool thing pops up!

Nicely said!

fuck yea

Maybe we should not have borrowed money at all. . . ya think?

Every single "dollar" used in the United States IS borrowed money. Every dollar bill you see is a loan, it is not money at all in truth.

You are saying, in effect, that our trade deficit with China (where we borrow dollars) is equal to our gross domestic product. That is the stupidest, horseshit statement I've ever heard.

Yes, I know that a "dollar" is only fiat - represented only by the good faith & credit of the U.S. Treasury. . . kind'a fails to give ya warm and fuzzy feelings, doesn't it?

Yup...warm and fuzzy every day...lol..;)

No...the US trade deficit with china is equal to 25% of our GDP. What I am saying is that every "dollar" in circulation today is BORROWED. That is how our entire monetary system works.

If I were them... I'd be PISSED!

As a former Reg. Rep. in the equities markets (nigh over 20 yrs ago) . . one simple rule that should always be understood . . Buyer "be-aware."
To purchase debt is to gamble, and to gamble there is but two outcomes . . wins or losses.
You play the game, you pay the price . . win, lose or draw.

we have lost the game and not only are we in huge debt but Red China also owns more property in the United States then any other country! They have nukes that can now reach any point in our country! Talk about blackmail!

I believe that we also have "nukes" that can reach out and slap the sass off of any foolish enough to employ such foolish tactics . . imho.

Absolutely. The funny thing is when I see all the people who post here about such things they always link to pages that seem quite biased. When in fact one can prove that this is true by simply linking to the Federal Reserve's very own publication "Modern Money Mechanics." It explains in, literally, graphed out detail how money expansion works. It is simply debt. It is also inflationary by nature. It's amazing how so many people fail to grasp that "inflation" is not a rise in prices. Rises in the costs of goods and services are a RESULT of inflation. Inflation is caused by INFLATING THE MONEY SUPPLY!

More "dollars" competing for the same goods means prices rise. It is simple math really, nothing they do is really all that complicated. It is actually quite sinister in it's simplicity. No one would suspect something so dire could be accomplished so simply. It causes a large amount of Cognitive Dissonance.

Good point!
We constantly need to be reminded that our comments about national behavior is directed mainly at politicians and big business, not citizens.
I personally admire the Chinese people very much and sincerely wish them better luck with their experiment in capitalism than we westerners have endured.
I hope the beautiful Chinese people are able to quickly solve the enormous environmental disasters that forced us to move our industry to their great country in order to curb our pollution and exploit cheap labor.
I'll never forget watching a recent documentary about laborers in China perplexed at the demand for cheap crap primarily from Americans. They are amazed that anyone would want to buy this cheap crap!
I am rooting for the Chinese to develop clean energy technology.
Because obviously America will wait till it's too late, again.
Just look at the hybrid car, first proposed in the U.S. to GM by none other than Al Gore. GM turned it down in their quest for ever-bigger SUVs while Japan took the ball and ran with it.
The main thing that people should get from this thread is that we should be afraid of American stupidity, and not Asian ingenuity.

"The main thing that people should get from this thread is that we should be afraid of American stupidity, and not Asian ingenuity."

Bingo!

actually that isnt correct. it isnt borrowed, it is backed. allegedly.. although one can no longer walk into say fort knox and trade dollars for gold.. but like gold, diamonds or anything else the dollar itself is just a symbol for the value someone is willing to put on it. i mean its just papper but ffs gold is just metal someone dug up like a rock

well actually the US owns the most, and we have nukes that can reach anywhere as well what does that matter?

Every single Dollar is Loaned to the United States by the Federal Reserve. Gold has an intrinsic value (Granted it is still somewhat a perceived value) because it requires labor to obtain. It also has industrial value which also give it a certain intrinsic value as well.

The big thing though is the misconception that Dollars are not borrowed. EVERY dollar in circulation today was BORROWED into existence. Every one.

Its not unions that hurt America...it was the greed of corporate shareholders and CEO's.

Unions may have started to benefit the "common" laborer, but now is a huge millstone around the necks of those that must sustain it. . . in the end, that becomes the very ones that is was supposed "help," i.e. - the common working class.
. . . How's that for Irony?

Union workers compromise about 10% of the work force, blaming the Unions is a Republican talking point that is basically dead!

Man o' man kennymoto, when are you going to get a grip that it is the funding of not only the private, but mostly the public sector pensions that are quite literally breaking the backs of city, county, state and national government budgets to pay for dead weight that is totally out of control?
Go ahead my friend, take more than a few moments to look inside of the effects of unionism and its crippling costs today. . . If. You. Dare.

True enough! Unions today are simply lobbying groups and political action committees for the Democratic Party. They have very little to do with helping the workers.

Ironically enough the period in which the United States enjoyed it's highest standard of living, and was the most productive conicided with the period in which the private workforce had it's highest percentage of Union membership.

Pensions may indeed be a burden on the economy, NOW. but when productivity was increasing and the tax base was expanding it was not an issue. That is not happening today, and that is also not the fault of Unions.

Let's say that I am a worker trying to plan for retirement. I use the rule of 72 and I can see that every 7 years the cost of living doubles. Now I know that I not only have to continually bargain for higher pay, but I have to factor that inflationary growth into my retirement picture as well. So naturally, I will make sure my pension is stacked so that my income is enough to sustain me through inflationary periods in my retirement. Anyone would do this, to not do this would be an even larger burden upon the economy at large as I would most likely have to obtain social safety net benefits.

The Pension thing is a red herring. Let's take all the money we gave to AIG and the banks, and drop it into the pension plans instead.

Some of it is a bit ridiculous, but as Forrest Gump once told Lt. Dan "A promise made is a promise kept"

Oh yeah, take that to the bank for our future generations. . . that is the logic of the promise, poorly made and foolishly kept.

We have a big problem with the Pers system here in oregon, they are negotiating what to do next!

Never the less, why is there the refusal to acknowledge that unionism is heavily a contributing factor to the host of onerous costs that has caused the exodus of thousands of businesses outside of the U.S.?
Has it not occurred to the union worker that when the demands of labor and govt regulatory costs cross a threshold cost/reward factor that in the end it comes to bite them in the ass?

Exactly how is Unionism a heavily contributing factor to onerous costs?

CEO's need to be paid more. They would then pull us all out of this economic misery.

HAHAHAHA...that was a GOOD one! I haven't laughed that hard in a long time...;-P..thanks for that!

Ah-yeah, that'll really put everything back on the path to prosperity . . for sure, Bwahahahaa

hammy, I could go into it at length, and I also can find (without much effort) a host of information that can do a much better job of graphically detailing the cons of unionisms effect on corporate cost analysis & its effective cost/return ratios as significant overall operational expenditures, etc, etc, etc.
Do your homework, and don't be afraid to look into and study sources that are contrary to what you believe to see that what I claim is true . .

I have done the research. I'd like to see what you can come up with. Perhaps it will be something, or a perspective I have not yet read or heard.

Another great comment!

So why not just jack up the pricetag of Everything China by 15-20% to pay China off in 2-3 years hmm? 10 years? It wouldn't be raising a tariff against imported Chinese Goods rather it would be a self-imposed payback schedule.

#2 it would encourage American companies to get back in the game.

Okay, it has been over a period of time that I've read or heard material that supports my conclusion from various sources, so I'll reflect upon it a while, marshal my thoughts on articulating my understanding and perspective and see if it has substance.

Perfect! I appreciate it truly..:-)

This is would work only if you are operating under the premise that the US Dollar can rise in value. However, that is not possible. The US Dollar can only do one thing, lose value. There is no other outcome possible. The truth of the matter is that it is not that China owns so much US Debt, it is that ALL US MONEY IS DEBT! Every single dollar...not one in existence today is not debt. This means inflation ad infinitum until collapse. No other outcome is possible working under our current structure.

If you began chopping away at the debt ~by every purchase made~ the dollar would immediately begin being more solid and the debt designation would reverse direction.

Only a very precious few like YOU would know it was a TRICK.

Beauty, hammywill, is in the eye of the beholder taxpayers.

Wait, I am not sure you understand what money is in the United States. Every single dollar printed by the Federal Reserve IS DEBT. I am not talking about the National Debt, I am talking about the very money you use and have in your wallet. It is CREATED as debt. The United States no longer uses actual money.

The Federal Reserve printed a document called "Modern Money Mechanics." Go take a look, it is easy to find. If you would like I can link a copy. Most digital copies you find will have the information on pages 6-10 on how money works in the United States and throughout the world. The fact is, the debt can not be paid off at all. It is mathematically impossible.

and the greed of union bosses, and union members thinking they could get something for nothing.. basically just human greed

I am not sure I follow. How do Union members think they could get something for nothing?

not all, but there was a feeling amoung many union members that wow we can get these bosses over the barrel and ask for the moon, more time off, vacations, less, to the point of absurd, hours per day for more pay etc.. its basic human nature sadly to get the most one can while the gettings good, and that is just greed, and sadly the entire system and world i fear is rife with it

It is true that the world is rife with greed, and is the MAJOR underlying contributor to all of our economic problems we are facing today.

That being said, what is the level that more pay and benefits becomes absurd? Or is it relative to the industry?

hey i am all for get paid what you can get paid for your work, but when unions started negotiating to get paid to not work it gets a little crazy.. or things like this: http://www.abc24.com/news/local/story/Memphis-Sanitation-Workers-Get-Paid-for-No... just drive me nuts..

i dont complain about, say, ball players, because if someone is willing to pay you that much then they must be making more than that lol and unions had their place when they protected workers from getting basically killed at work from unsafe practices or fired for not agreeing to do the most insane tasks

Yeah, those workers are idiots. I have worked for a Union and I ripped the asses of the workers who did that. The contract is not for ME to get perks and tons of money, it is for me to get perks and pay IN EXCHANGE for my labor. It's a mutual contract, I do A and in exchange I receive B. I will say this is not necessarily indicative of why Unions are bad, but that the American workforce in general are greedy and feel a sense of entitlement simply by being Americans.

Unions will always have a place so long as there are companies like Walmart around. But I have to be honest, having worked in a Local Electrician's Union (IBEW Local 332) I can tell you that the Union management did NOTHING for the workers, it was almost as if they actually worked for the Contractors. The only thing they did was lobby and fund the Democratic Party.

Please enlighten us, ayipis.
Exactly what do YOU do to earn a living?

http://investors.com

The article is from investors.com, more than one mans opinion!

I agree with the stupid part

You always do.

if we DID that[ cut commercial ties] ,....we wouldn't [ pay up China debt]
---- to be CLEAR,....THAT would sure as hell be the package deal.
. - We WOULD default.-

THEN there would most probably be war. DEBTOR V.S. LANDLORD

( but, SERIOUSLY,.....F China. They are on the road to making this a GLOBE of industrial filth on the way to "progress" and "riches".)

lol

Did you know most of the minerals, hardware and even manufacture of USA's weaponry are made in China?

Its sad to say this, but face it man. USA is just China's Backyard Sale. USA lost it all on money-making rich bastards for forsaken their own country to get money somewhere else.

Economic Conquest is far more damaging and controlling than a Military one.

Oh and one more thing.

Before China being on "the road to making this a GLOBE of industrial filth on the way to "progress" and "riches", there was a country called USA which did the same thing for a hundred years and they are still at it.

So, really, you dont get to judge when you are and do the same.

Man we sure have been doing that a lot lately, I see we have a bunch of Fascist trolls voting your and mine's comment down! Freedom!

Noticed that myself Kenny lol don't care let them vote me down it just makes me stronger!

Well I just voted you up on this one, your right about it makes us stronger! Ah energy is so wasted on the yutes!

thank you so much Kenny and you are right but you can't give up lol some will listen!

Never give an inch! My motto....