Hillary Clinton: after Afghanistan and Iraq, Asia-Pacific is next | World news | guardian.co.uk
Do they really think they can take China on ?
Do they really think they can take China on ?
Hillary Clinton: after Afghanistan and Iraq, Asia-Pacific is next | World news | guardian.co.uk
Do they really think they can take China on ?
The USA can do nothing to China. China holds such an enormous amount of the US debt that it can cripple us if it wants too. Without good credit, you cannot run your country much less run a war.
How would hour theory work? If China intentionally weaken the economy in the US, then their own economy collapses. It's more accurate to say they are locked in a "death embrace". They both need to survive and thrive, or they both die.
You people are believing the bravado you hear from politicians in both countries. They have to say those thinks to "feed the mob". The business communities are really controlling the show.
China is now pushing its own people to increase internal consumption. It will help protect China from falling world markets. China has over 1 trillion in cash. It can wage any war it wants too. BTW I don't follow what morons in DC say. They are the ones who helped screw us into oblivion. If you want to target a corporation that is pushing us down, try Walmart. It is the leader in pushing imports in the USA.
Sure its wallmart... Its the biggest of its kind
And china support the consume in china, yes. But they do it with debts they use their dollar and euro savings to guarantee for the debts... With this they create a gigantic bubble. The build like nutz... At the beginnig it worked but now 30% of a new building isnt soled. Their debts are by 80% and rising about 6% a year. The inflation is by 8% and they grow with 9%... Can you imagen what happens when chinas bubble burst?
Sure its wallmart... Its the biggest of its kind
And china support the consume in china, yes. But they do it with debts they use their dollar and euro savings to guarantee for the debts... With this they create a gigantic bubble. The build like nutz... At the beginnig it worked but now 30% of a new building isnt soled. Their debts are by 80% and rising about 6% a year. The inflation is by 8% and they grow with 9%... Can you imagen what happens when chinas bubble burst?
It is about to happen. The western world is about to plunge into a horrible economic earthquake. China will be sucked down with it. Right now, they are all keeping their fingers crossed that China will have a soft landing. No such luck. Most of the people in China benefitting live in the city. The millions in the rural area are not benefitting that much. They will still come out stronger than the west. China bought enormous amounts of gold to hold in reserve.
Perados, why is this written so much better than your other posts?I wount bet on it...
Yes they have a lot of reserves in poor people who could prosper after a crisis. But as soon as the growth stops the poor people count pay the inflation any more. Remember 1989 the demonstrations also started cause of inflation... In a crisis china had to face even bigger problems and if the gov fails the ethnic problems would come up. And in a instable country no growth
The future is india
India sought technological advances. The massive undersea cable, and cheap labor market has given them a boom in tech service related jobs. It is estimated that in the next 35 years, India will become the most populous nation on earth. Under communism, China promised to take care of the elderly. India doesn't have the same obligations to society. It allows massive numbers of its people to starve to death. Without the giant welfare promise, it should be able to go ahead.The future is india