Hi CB, Something controversial. To finance a response, the Russians will have to sell more of their goodies faster at lower margin, so as to put more and smaller independently maneuverable warheads on their bigger missiles. The Chinese will have to work harder on "asymmetric combat" and “mass-inundation” approaches that circumnavigate "direct-hit-to-kill" anti-ballistic missile weapon systems. All must work toward security for their own population. Meantime, the folks who want to put a dent in the Empire State Building will do as they were going to do, without any change in script.
All in all, the world should be able to enjoy increased trade volume, and spin-off technologies for other endeavors; all very helpful to end the world, oops, I meant the world recession sooner.
Now, all bets are off should the Japanese come up with the anti-matter bomb, as such a bomb does not require delivery at the time of combat, but only pre-positioning in geo-stationary orbital positions above the intended target long before any intention for combat, awaiting instructions. Arrival of such instruction to detonate time should take a few nano-seconds.
You see, if ABM is scuttled, then, logically, the prohibition of space based weapons will be no more, and the world is then totally … because if Ford cannot make a SUV that is fail-safe, then …
Where the ordinary folks in US and China may see things differently, judging by scan of the threads on SI, CNN and of the threads on Chinese portals:
China’s winning of Olympic host city is same as Germany 1936. Bush’s winning of the Florida election and his subsequent gift to the world is simply a Texan who does not care what the world wants, but knows what is good for the world.
Vs.
China’s winning of the Olympic host city is indicative that China cares what the world wants, and Bush’s tenure brings us back to the 1930s where another person did not care but knew what was best.
This dichotomy of views would never come across in any CNN news report, and so the CNN media types are able to present, on the one hand, folks in the US believe that most Chinese want to overthrow their own government who has enslaved them, forcing them to work, save, not for their kids, but for the greater glory of conquest and expansion; and on the other, the US is working unselfishly for the greater good of all, even if they do not drive SUVs.
On this basis, if we do not believe that good will triumph over evil and right will overcome might, then no investment is safe except gold, because war and preparation for war is inflationary, and once prepared for, the resultant economic weakness can only be overcome by the initiation of war.
I will be travelling to Beijing today after three weeks of laziness in HK, and I doubt I will find folks feverishly preparing for war. I will find folks feverishly working, saving, investing, educating and hoping, in face of continued optimism that has lasted 23 continuous years, after a hiatus of 12 years.
I am an optimist, after all, even if I do cower in the dark corner, scoped rifle at ready, guarding my platinum and gold:0)
Chugs, Jay |
