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2011-06-10 China-Japan-Koreas

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Posted by Steve White 2011-06-10 00:00|| || Front Page|| [11130 views ] Top

#1 "Is China Trying to Bankrupt US?"

Why would they need to try...our politicos are doing that well enough on their own...

Posted by Broadhead6 2011-06-10 03:10|| 2011-06-10 03:10|| Front Page Top

#2 Broadhead6
Exactly! China has the most to lose if the U.S. does decide to default...

Posted by Bright Pebbles 2011-06-10 04:56|| 2011-06-10 04:56|| Front Page Top

#3 Nah, they just doing that comes natural: exporting a lot and importing a little.

Posted by gr(o)mgoru 2011-06-10 06:21|| 2011-06-10 06:21|| Front Page Top

#4 I keep hearing that China has the most to loose from US faltering. Please could someone explain to me why this would be the case.

Posted by Kojack 2011-06-10 07:00|| 2011-06-10 07:00|| Front Page Top

#5 I keep hearing that China has the most to loose from US faltering. Please could someone explain to me why this would be the case.

In a static analysis, they would lose their $$$ in debt and their market. But they could see this a sunk cost. Look what they would then stand to gain. Clinton and the WSJ gave them the keys to hegemony on a silver platter when they allowed China in the WTO without it having become a democracy. China was behind 9/15/08 and will give us a reprise for the 2012 election if we are not electing the preferred candidate. Though this time it might backfire.

The writer imagines the Chinese to be four feet tall and the Americans shrinking to two feet. And we are living down to those expectations. The Chinese would have to be greater fools not to take advantage of our foolishness. But it is we who have decided to be the fool, they have not forced us. Whether we can change our minds in time is the question.

Posted by Nimble Spemble 2011-06-10 07:16|| 2011-06-10 07:16|| Front Page Top

#6 Nimble Spemble wrote:
"China was behind 9/15/08 and will give us a reprise for the 2012 election if we are not electing the preferred candidate. Though this time it might backfire."

NS, this is a theory I haven't seen before, and it is intriguing. Most of the stuff I've seen relating to 9/15 relates to Soros and other wealthy socialist aristocrats in conjunction with union retirement fund managers.

Not being a smartass here, Im truly interested - what evidence do you have of the Chicoms engineering that, either alone or in combo with the groups I mentioned?

Posted by no mo uro 2011-06-10 07:32|| 2011-06-10 07:32|| Front Page Top

#7 Yalu Peril IV, more dangerous than Japan, Russia, England. new song, same dance.

Posted by Black Bart Shick7973 2011-06-10 08:56|| 2011-06-10 08:56|| Front Page Top

#8 of course China is out to phuque us, hello wake up people!! these people are lying cheating pigs who will stoop to ANY low to achieve their aims, study chinese history and get a grip, we need to phuque them before they phuque us.

Posted by 746 2011-06-10 09:17|| 2011-06-10 09:17|| Front Page Top

#9 I had a friend growing up who had been captured by the Chinese during the Korean war. He escaped, the rest of his crew (who were being held separately) didn't and were never released after the end of the war.

The average leftist's freedom to spew mindless snark about the communist/fascist threat was temporarily bought with a lot of sacrifice by by other people, whose names we don't even deign to acknowledge.

Posted by Thing From Snowy Mountain 2011-06-10 09:20|| 2011-06-10 09:20|| Front Page Top

#10 no mo,

Absolutely no proof. But it is peculiar that the inter-bank markets seized up just 2 months before the election as McCain was gaining ground on the Won. While the markets had become too fragile, it takes a lot to make them seize up. Markets seize up because of fear. Why the fear then? Coincidence? I'm still skeptical.

It would take something more than Soros to generate that level of fear and I don't think he could keep his activities quiet this long. There has never been any real investigation of what happened. Why not? The government has not been forthcoming about who's behind all the cyber attacks, though it's pretty clear. It all puts one in a conspiratorial mind.

And like the cyber attacks, it might not be the Chinese government directly. But China is a big place, not a monolith, and there a plenty of folks there who could be doing it for their own enrichment or other reason. That is why it was such a mistake to let them in the WTO.

Posted by Nimble Spemble 2011-06-10 09:30|| 2011-06-10 09:30|| Front Page Top

#11 Of course they are. They are handing us all the rope we need as we make a noose for ourselves.

Posted by DarthVader 2011-06-10 10:00|| 2011-06-10 10:00|| Front Page Top

#12 I think if I was China, holding all that US debt, I would be trading that debt for ownership of lots of teetering small banks that hold farm mortgages in the weather-ravaged breadbasket - then they can foreclose when the farms can't make their payments. (Assuming any banks still actually hold mortgages.)

Posted by Glenmore 2011-06-10 11:16|| 2011-06-10 11:16|| Front Page Top

#13 The normalistic thinking is that the PRC are incrementalists.

Their holdings of US debt and US security are far too important for them to want the US to implode.

What they want are such things as:

- an end to discussion of human rights in the PRC

- decrease in sales of weapons to Taiwan

- suppressing any thoughts of Japan getting nuclear weapons

- an end to some tariff problems

- no investigations of various Chinese biz practices, including the indirect bribery of Chinese by US firms doing biz in the PRC

- a decrease in efforts to foil intellectual property theft in the PRC

Posted by Lord Garth 2011-06-10 11:28|| 2011-06-10 11:28|| Front Page Top

#14 But it is peculiar that the inter-bank markets seized up just 2 months before the election as McCain was gaining ground on the Won.

Most peculiar indeed. One theory I heard is that it was Chuck Schumer running his mouth about Indymac bank. The timing doesn't seem to be exactly right there but I still wouldn't put it past the likes of Schumer.

Our relationship with China certainly doesn't seem to be very healthy. They sell us computers and then they devote an entire division of the PLA to hacking those computers. Will they get me for having the nerve to say so? I gotta say it anyway.

The most disturbing part of the whole deal is the way our political and business leaders kowtow to the commie bastards. Sickening and scary.

Posted by Ebbang Uluque6305 2011-06-10 11:40|| 2011-06-10 11:40|| Front Page Top

#15 We're not going to implode. We have something the Soviets never had -- freedom. That means we're free to recognize our mistakes, and fix them.

Current evidence suggests that we are... and that we can't anymore.

Posted by Secret Master 2011-06-10 14:16|| 2011-06-10 14:16|| Front Page Top

#16 Problem is, if every government-dependent out there is going to claim that you must make good every lie that's ever been told to them from FDR through LBJ and RMN on forward to WJC and BHO, well, YOU'RE NOT FREE.

Posted by Thing From Snowy Mountain 2011-06-10 14:53|| 2011-06-10 14:53|| Front Page Top

#17 May not be free anymore, Snowy, but thanks to the 2nd Amendment, we do still have the means to reclaim freedom (if not the will - yet.)

Posted by Lampedusa Sforza4564 2011-06-10 16:58|| 2011-06-10 16:58|| Front Page Top

#18 This State Department scribbler has been plagiarizing Paul Kennedy - he hits us with a blizzard of words when a few simple facts would suffice - the relative sizes of the US and Soviet economies during the Cold War, and defense expenditures as a % of GDP. Do the same for China vis-a-vis the US, and you have some basis for comparison. Instead, the guy puts up a whole bunch of irrelevant facts and speeds to his pre-determined conclusion, a la Paul Kennedy, that the US is about to be buried by a Communist behemoth. His motto appears to be "Who are you going to believe, me or your lyin' eyes?"

Posted by Zhang Fei 2011-06-10 20:37|| 2011-06-10 20:37|| Front Page Top

#19 Morale is to material as is the ratio of three to one.

Posted by N. Buonaparte 2011-06-10 21:00|| 2011-06-10 21:00|| Front Page Top

#20 yes we can screw it up without the help of the Chinese, but they can come in and clean up after were through; i.e., marginalize us to the point where we are as relevant as the fellow arguing with the Titanics bartender over the bill.

Posted by Jack Salami 2011-06-10 21:50|| 2011-06-10 21:50|| Front Page Top

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