china nukes: let me say without any doubt that
(i) china has a far smaller military than the usa, absolutely and relatively (ii) china spends far less than usa on weapons and military, and exports far less of same (iii) china does not keep 700 bases around the planet (iv) china does have a 'no first use' on policy on nukes (v) china had never polled any one nation about prospective and preemptive nuke strikes on any other nation
otoh, china is a big country, and building a few nukes to keep other nations honest is a matter of course. do you object to china possessing nukes? why? what are you afraid of? or afraid of losing?
china inflation: (i) is moderating more because other's economy are tanking, and so requiring not as much production as before, and so helping to shift to domestic continental economy bias, else gm and ge and cat would not be selling as much equipment for civilization state infrastructure buildout
(ii) china cannot be over-built as yet because it is hardly built at all
(iii) you seem to have singular problem with math that should be applied to 1.3 billion people. tell me, how much does china need to spend on infrastructure to bring china infrastructure to mexico's level on per capita basis? answer, a lot more.
rmb: (i) manipulated? how? how is it manipulated? by interest rate? by reserve ratio? by printing? (ii) how is the usd not manipulated? (iii) who says what a piece of paper is worth except the one willing to issue it AND the one willing to accept it?
savings: have news to you, that you lost more than 70% of your savings, relative to the one, the true, the elemental, the eternal gold. greek shares lost 90% notional, and 97% real against gold. losing '50%' on shenzhen property based on last peak needle asking price of a very few units in a thin secondary market is called astute.
in my own case my nav is steady, and so i am doing more than astute.
you seem to have difficulty in absorbing the econo-monetary-financio-socio-historical lessons this thread had offered up.
usd is up, you seem to think. usd : euro 1.30-1.35 used to be the ceiling, and at least for now is some sort of floor, and you think usd is up. i am guessing you take trend a few months at a time. i do not. i think the euro and the yen are now surprisingly strong.
it is only in america where the credit rating agencies wish to downgrade if a nation refuses to print, where war mongers win peace prizes, economy-engulfing military budget is know as a 'defense' budget, off employment is called reduced unemployment, a decade long stock market drubbing is called a bull market, and a few tunnels to shield a few rockets is called a planet conquest schema.
am i far off base? |