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Gold/Mining/Energy : Gold Price Monitor
GDXJ 89.99+2.8%Nov 5 4:00 PM EST

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To: TobagoJack who wrote (67065)4/4/2001 10:45:04 PM
From: Hawkmoon  Read Replies (4) of 116752
 
Maybe you can help me out here Jay, with trying to figure out this "face saving" attitude. I have a hard time figuring it out since it strikes me as a rather immature and emotional reaction, especially when they opt to escalate a situation that is obviously the result of an overly aggressive pilot.

I can see them trying to blame the US for permitting these flights to take place. That's just a given since they want them to end.

But to deliberately attempt to "stir the Sh*t" and create an even greater stink over this by being seen as almost bordering upon hostage taking, is just incredible. After all, they have one of our most sensitive spy planes and all the antenna arrays. Why try and create more of a furor that will lead to greater calls for economic protectionism that will undermine China's $80 Billion trade surplus with the US?

And I haven't even become to discuss the increasing sympathy for Taiwan that will result.

Are these guys just completely out of control over there in Bejing? Or is there anyone in control at all?

This would be different if they had made such a screw up with a small dinky nation with no ability to retaliate (like when Clinton stupidly bombed that aspirin factory in Sudan). But against their largest customer?

It just seems these guys are getting ready to hang themselves with the rope they're trying to put around our necks. And I see O'Reilly, who has a greater audience than Larry King, is now calling for a complete boycott of Chinese goods.

It seems that Jiang and his military cronies are about to find themselves going from the frying pan and into the fire.

Regards,

Ron
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