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blankseplocked China is going to laugh at us if we don't fix the national debt.
 
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Nimrod Nemesis
Amarr
Royal Amarr Institute
Posted - 2011.08.02 19:53:00 - [121]
 

Edited by: Nimrod Nemesis on 02/08/2011 19:54:15
Originally by: Zagam
Originally by: Estephania
Originally by: Zagam
China's already laughing at us, since they have the largest share of foreign-owned US debt, AND are a linchpin to our economy. If any single entity wanted to completely destroy the US economy, China is in the best position to do so.


And they will completely destroy themselves by doing it as the US are the biggest consumer of the Chinese goods.

Actually, the EU is.


Actually, they're about the same.

Roosterton
Eternal Frontier
Posted - 2011.08.03 16:57:00 - [122]
 

Edited by: Roosterton on 03/08/2011 16:59:12
Originally by: Alex Sinai
Roosterton, wishful thinking not much helped the world so far but you made partially correct observations. I'd suggest you read all the posts again to understand what comes from where and why. Including the post that i said Nimrod have relation to Jewish nation. In post above Nimrod acknowledged it. May be I'm right about the rest of it.


After re-reading the thread, my mind hasn't really been changed at all. Nimrod presented a POLITICAL OPINION, unrelated to the Jewish religion in any way. That is all. Nowhere did he attack the actual citizens of Israel, and hell, he didn't even attack its government, he just said what he thinks is going to happen. Whether that opinion is right or wrong, it's still by no means anti-semitic. Yet you came out of nowhere and started calling him "sick" and racist, yet all you seem to be going on is his name and some statistics that show that there are a lot of anti-semites from Israel. Rolling Eyes

In fact, I'll just leave this here:

Quote:
All that "Palestinian state" thing never was about state or people. It was all about money. They don't give a **** about having their state.


Tell that to the thousands of refugees who are stuck behind a wall. Neutral

So there's nothing wrong when you pretend to know the wants and needs of the Palestinians, yet when Nimrod makes a prediction about an event in the future, he's an anti-semite?

Your logic is riddled with too many inconsistencies to count.

Herzog Wolfhammer
Gallente
Sigma Special Tactics Group
Posted - 2011.08.03 23:44:00 - [123]
 

Edited by: Herzog Wolfhammer on 03/08/2011 23:49:04

Heh - it was the thread





clonkrieger
Imperium Forces
Nulli Tertius
Posted - 2011.08.04 17:06:00 - [124]
 

Edited by: clonkrieger on 04/08/2011 17:41:49

Originally by: Selinate

I'm separating the Chinese government from the Chinese people while saying this, just as a disclaimer...

I have problems with a country who supports regimes like that of North Korea, Iran, and even the Khmer Rouge in Cambodia. I am not interested in the least in having a government like that being number 1. Their government is incredibly selfish and self serving (much more so than the U.S. government no matter how any Europeans in this thread want to spin it), and I would much rather have the U.S., who at least tries to do some good for others, in that position.


We have supported regimes no different, and still do! Our countries are full of hypocrites.

Originally by: Selinate
I don't think China would try to invade Taiwan and throw us into a war like that. They know that we would oblige our agreement with them, given that we have many times in the past, and though I have very little faith in the Chinese government in any situation, I think they understand the implications of 2 nuclear powers going to war very well.

Not only that, but a war of that magnitude would not just draw in the U.S. I believe you folks in the EU would be drawn into it also fairly quickly. No one wants a war like this, again. Maybe it is misplaced, but I have enough faith in the citizens of our world today to hope that they would be able to remember how these types of wars have played out in the past, and how terrible it would be...


If China had decided to invade any of its neighbours; the US, UK and EU will simply moan and do nothing.

Originally by: Culmen

All I really need to say is LOLLaughing.

First, what does china gain by going to war with the US?
NOTHING!
There is nothing of value in the US that is worth going up against a nuclear armed country.

Second, China has never in it's history expressed interest in taking over a country outside of Asia. Heck the last time they wanted to invade Japan they were under mongol rule.

Third, soooo... the military industrial complex is ruling.... so the military industrial complex cannot act militarily?

Typical hysteria, with a world view that was obsolete before the cold war was even over.


You're right, but you're also blind.

As someone pointed out, China is a rapidly growing economy. I doubt very much a war will break out over resources anytime yet. However, one day a war will be about resources and who deserves what! The US/UK/EU consumes vast amounts of resources, far far much more than it really requires. In truth, we're greedy. Anyway... think positive :)

--------------------

....and my response to this thread. What goes up, will eventually come down. I'm not getting into a debate about what may or may not happen, because in the end, the problems we face now will eventually, come to pass.

Thank yourselves, or do something about it! Anyone out there got the guts to make a stand?


Nimrod Nemesis, I like you're posts, in reply to Bane Necran. However, no body knows what will happen. China's rapid military expansion is also alarming. I know, I know... someone is bound to small talk China's military ventures, but lets be realistic - They're secret. In my opinion, China are doing exactly as Adolf H had done with the Treaty of Versailles, spare toilet paper.

Hugo Smith
Posted - 2011.08.05 13:40:00 - [125]
 

Originally by: clonkrieger


If China had decided to invade any of its neighbours; the US, UK and EU will simply moan and do nothing.

The US/UK/EU consumes vast amounts of resources, far far much more than it really requires. In truth, we're greedy. Anyway... think positive :)




Good post but FYI the UK is a part of Europe (or the European Union, both are abreviated as EU)

Amar Azaph
Posted - 2011.08.05 18:26:00 - [126]
 

Originally by: Hugo Smith
Originally by: clonkrieger


If China had decided to invade any of its neighbours; the US, UK and EU will simply moan and do nothing.

The US/UK/EU consumes vast amounts of resources, far far much more than it really requires. In truth, we're greedy. Anyway... think positive :)




Good post but FYI the UK is a part of Europe (or the European Union, both are abreviated as EU)


I can't for one minute think (unless they are part of the PC/ Tree hugging, lets all live in harmony/no need for a military type) that the British think of themselves as European.

Akita T
Caldari Navy Volunteer Task Force
Posted - 2011.08.06 07:51:00 - [127]
 

http://www.bbc.co.uk/news/business-14410184
Whee, (yet another) RL market panic !

Quote:
4 August 2011

Wall Street had its worst day for almost three years as shares tumbled on fears about the eurozone debt crisis and the US economic recovery.
The Dow Jones index closed down more than 500 points, or 4.3%, and came after the leading European bourses fell more than 3%.
It was the biggest one-day fall for the Dow since December 2008.
[...]
In a letter to European governments, Mr Barroso warned that the eurozone debt crisis was spreading beyond the so-called periphery nations of Greece, Portugal and the Republic of Ireland. [...] fears grew that Spain and Italy may be dragged into the debt crisis.[...]



baltec1
Posted - 2011.08.06 08:53:00 - [128]
 

Originally by: Amar Azaph


I can't for one minute think (unless they are part of the PC/ Tree hugging, lets all live in harmony/no need for a military type) that the British think of themselves as European.


We don't, but our lords and masters seem to like giving over billions to a corrupt mess and letting them make up daft laws.

Malcanis
Caldari
Vanishing Point.
The Initiative.
Posted - 2011.08.06 10:14:00 - [129]
 

http://www.bbc.co.uk/news/world-us-canada-14428930

'China, the world's largest holder of US debt, had "every right now to demand the United States address its structural debt problems and ensure the safety of China's dollar assets," said a commentary in the official Xinhua news agency.

"International supervision over the issue of US dollars should be introduced and a new, stable and secured global reserve currency may also be an option to avert a catastrophe caused by any single country," the commentary said.'

Interesting times indeed...

Khors
El Barco Pirata
Posted - 2011.08.06 13:01:00 - [130]
 

I was wondering why this thread had so many replies, how interesting can the US debt be on an internet spaceship forum?
Then I saw Alex posting, haha. No wonder everybody hates Israel with loudmouths like that "standing up" for them.

Viktor Fyretracker
Caldari
Emminent Terraforming
O.G.-Alliance
Posted - 2011.08.06 13:55:00 - [131]
 

China would not go to war with the US because we have Nukes. sure that general made the comment about this country being one of the few with enough land to serve their needs but considering this land already has a large civilian population its already taken... now of course nukes can solve that but if they even hit a small city we would handle their overpopulation problem with one submarine.

and then MAD would kick in and then we would have that whole pesky nuclear winter thing.

the simple truth is full scale wars tend not to start between nuclear powers, of course once you have a high quality anti-missile system then you can nuke someone.

baltec1
Posted - 2011.08.06 15:07:00 - [132]
 

Originally by: Viktor Fyretracker
China would not go to war with the US because we have Nukes. sure that general made the comment about this country being one of the few with enough land to serve their needs but considering this land already has a large civilian population its already taken... now of course nukes can solve that but if they even hit a small city we would handle their overpopulation problem with one submarine.

and then MAD would kick in and then we would have that whole pesky nuclear winter thing.

the simple truth is full scale wars tend not to start between nuclear powers, of course once you have a high quality anti-missile system then you can nuke someone.



China has lasers that can melt spy satalitesLaughing

Shadowsword
The Rough Riders
Ares Protectiva
Posted - 2011.08.06 19:08:00 - [133]
 

Originally by: Viktor Fyretracker
China would not go to war with the US because we have Nukes. sure that general made the comment about this country being one of the few with enough land to serve their needs but considering this land already has a large civilian population its already taken... now of course nukes can solve that but if they even hit a small city we would handle their overpopulation problem with one submarine.

and then MAD would kick in and then we would have that whole pesky nuclear winter thing.

the simple truth is full scale wars tend not to start between nuclear powers, of course once you have a high quality anti-missile system then you can nuke someone.


Of course China isn't going to attack the US. Force projection on that scale is just too impractical across an ocean, and who'd try to force control over a country full of trigger-happy nuts? But there's a lot of ways they could be a political nuisance or cost the US tons of money if they get ****ed enough.

Vogue
Short Bus Pole Dancers
Posted - 2011.08.07 02:01:00 - [134]
 

Edited by: Vogue on 07/08/2011 02:16:23
Edited by: Vogue on 07/08/2011 02:16:05
The refrigerator is mightier than the sword: Globalization has created symbiotic economics relationships. This has created a curious environment where American CEO's are more interested in driving productivity and profits in both USA, China and elsewhere. So it is not like the old days where captains of industry met in gentleman's clubs and talked about what is good for the nation interest.

~

I like Americans. A lot of American politicians annoy me in how they are consciously screwing their voters. US has helped to keep a relative peace in Europe since WW2. USA has screwed other countries in the world. I don't like the UK being a political satellite to the USA and its proxy interests. American culture has so many awesome things. Americans are generally more upfront than us shifty British..... The USA is such an amazing bundle of so many diverse things. It is a great country. As for the future perhaps as John Wayne once said in a film 'America is like a bear that sometimes is alone and must defend itself'. I meant this in a sense of overall American perspective.






Estephania
Independent Political Analysts
Posted - 2011.08.07 05:21:00 - [135]
 

Edited by: Estephania on 07/08/2011 05:24:33
So much of liberal drivel in this thread, with so common for them self hatred, rolling in the dust in front of every corrupt 3-rd world entity, tearing hair out and crying "forgive us, it's all our fault, we are hypocrats, it all because of the colonialism". Just get e life ppl and start loving your country more than you love some unknown ****hole somewhere in Africa or Central Asia.

P.S. @Khors - no "everyone hates Israel" is a bit of an overstatement I guess. Only ppl that blindly believe Muslim propaganda that tries to persuade us that if Israel disappears the world will become a paradise where we all will hug and and kiss each other in eternal harmony and love hate Israel

Mag's
the united
Negative Ten.
Posted - 2011.08.07 11:15:00 - [136]
 

http://brillig.com/debt_clock/ Quite staggering really.

clitheroica
Posted - 2011.08.07 16:43:00 - [137]
 

I for one, welcome our new Chinese overcoats

Abrazzar
Posted - 2011.08.07 16:58:00 - [138]
 

So. The US defaults, China is denied any money back, what would happen?

Bane Necran
Minmatar
Posted - 2011.08.07 17:11:00 - [139]
 

Edited by: Bane Necran on 07/08/2011 17:19:46
Originally by: Abrazzar
So. The US defaults, China is denied any money back, what would happen?


China has collateral in the form of treasury bonds which gives them considerable power over the US dollar.

Also, if people just stop buying treasury bonds because the US is seen as a bad investment it won't be able to 'borrow' any more money, no matter how many times the Pres raises the debt ceiling.

Shadowsword
The Rough Riders
Ares Protectiva
Posted - 2011.08.07 19:05:00 - [140]
 

If you were to translate the US debt into 100 dollar bills, you would have a stack the size of a football field, and 60 meters high.

Alain Kinsella
Minmatar
Posted - 2011.08.07 23:37:00 - [141]
 

I'm surprised this thread is still going. Anyway...

*still patiently waiting for the IQD (Iraqi Dinar) to revalue*

Vogue
Short Bus Pole Dancers
Posted - 2011.08.09 03:03:00 - [142]
 

Edited by: Vogue on 09/08/2011 03:03:03
American politicians who deal with the Chinese should start martial arts classes. Then they will have a better insight into the Chinese ways of bopping dem white folk on the head with their ying yang yoyos.

Please visit your user settings to re-enable images.

Laughing

Ophelia Payne
Posted - 2011.08.09 03:50:00 - [143]
 

This is what happens when you spend $1.40 for every $1 you have

Estephania
Independent Political Analysts
Posted - 2011.08.09 05:38:00 - [144]
 

That's what happens when you steadily move your industries out of the country for 5 bucks a day workforce. IT, banking and high-tech are nice, but lets face it - they can't provide enough vacancies to keep a large amount of ppl from sliding into unemployment and minimum wage jobs. The same is true for Europe, Spain has nearly 50% unemployment for the age group of 25-35 if I remember it right. Now there are two possible choices - support all those ppl through a vast welfare system or to lower standards of living (move closer to those $5 per day countries), now, the amount of ppl you need to support is growing all the time and the only way of dealing with the situation is lowering standards of living, and this will be accompanied by riots and public unrest. In the end, globalization will lead to a significant drop in the standards of living for the developed world. The effort to ignore it and keep artificially high living standards along with financial speculations of the epic proportions is what fueling the current crisis.

Tai Meijer
Caldari
Malkutha
Posted - 2011.08.09 07:53:00 - [145]
 

Originally by: Estephania
That's what happens when you steadily move your industries out of the country for 5 bucks a day workforce. IT, banking and high-tech are nice, but lets face it - they can't provide enough vacancies to keep a large amount of ppl from sliding into unemployment and minimum wage jobs. The same is true for Europe, Spain has nearly 50% unemployment for the age group of 25-35 if I remember it right. Now there are two possible choices - support all those ppl through a vast welfare system or to lower standards of living (move closer to those $5 per day countries), now, the amount of ppl you need to support is growing all the time and the only way of dealing with the situation is lowering standards of living, and this will be accompanied by riots and public unrest. In the end, globalization will lead to a significant drop in the standards of living for the developed world. The effort to ignore it and keep artificially high living standards along with financial speculations of the epic proportions is what fueling the current crisis.


This. This is what it's all about, and it makes me laugh so much when people who grew up years ago say to 'get a job' like there are some out there that arn't telesale or some such dross. Back in their day, you could just ask for a job and you would get one, no application form, no jumping through hoops, no asking about what the strengths or weaknesses are etc..

Marwood Ford
Posted - 2011.08.09 10:57:00 - [146]
 

Originally by: Shadowsword
If you were to translate the US debt into 100 dollar bills, you would have a stack the size of a football field, and 60 meters high.


What's that in double decker buses?

Vogue
Short Bus Pole Dancers
Posted - 2011.08.11 22:42:00 - [147]
 

Edited by: Vogue on 11/08/2011 22:54:52
Apple is now the no 1 company in the USA for market capitalization: $346.45 billion. Over the past 5 years the Dow Jones stock market had a dip but has recovered to about 90% of 2007 peaks. Wall street is doing fine but main street for a lot of people is not so upbeat. The British FTSE 100 has also followed a very similar pattern to the Dow Jones.

So USA PLCLimited is doing fine. Although share dividends are not extended to all of its 300 million citizens.

The UK is different from the USA as it has London as like a super state within the UK where wealth and power are concentrated.

Thing is though at the height of the British empire the average citizen had no healthcare and a grubby quality of life with almost no money to spend on leisure activities. And now most people in the UK have a quite decent quality of life with most our economy revolving around the service sector and passing pieces of paper to each other ugh Strange world.





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