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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (25234)8/12/2003 10:57:06 AM
From: RealMuLan  Read Replies (1) | Respond to of 89467
 
Jim, I think it is a little farfetched<g>

Chinese are building its navy at the moment, with a lot of help from Russia. By the time the US gets around, it would be too late. And China would never forgive the debt from the US. After all, the US gov. has so much land to sell<g>. I would go farfetched to predict that the US would have to sell plenty of its hard assets (exclude arms sale) to make ends meet in future<g>

And 30 years from now, perhaps most people who can afford to buy houses here in the US would be foreigners, believe it or not.

Islamic is not stupid either. And if they can get better deal for weapons from other countries, why they have to pay so much to get from the US?

And I am not sure about Japan, I think China will definitely stop buying so much US bond, and switch to Euro and Yen assets. The US gov. monetary policy is way too irresponsible, and only the idiots would continue to finance its spending.



To: Jim Willie CB who wrote (25234)8/12/2003 5:33:40 PM
From: RealMuLan  Read Replies (1) | Respond to of 89467
 
Jim, have you read this paragraph from dailyreckoning.com?

===========================
Quote:
"*** "It reminds me more and more of Algeria," said a friend
who spent two years in the Algerian war, in the early '60s.

"Those years were hell. And a total waste. Of course, the
political situation was very different from your position
in Iraq. Algeria was a part of France. We didn't attack the
country, we were just trying to hold onto it. And we
couldn't believe that we wouldn't win. So the war went on
for 9 years... with 20,000 people killed on our side. God
knows how many were killed on the other side - more than
100,000, I think.

"But from a military point of view, it seems so similar. We
would walk down the street and someone would take a shot at
us... or throw a bomb.

"And you couldn't trust them. In the daylight, they would
pretend to be your friends, but come around at night and
slit your throat.

"You don't know what happened if they took you prisoner. I
saw one of my best friends laid out in the middle of the
street. His throat had been cut... and his body had been
mutilated.

"When you see something like that, you just want to kill
somebody. So, we'd go on the rampage... the officers
couldn't stop us... I don't think they wanted to stop us.
Nobody talks much about it. And even the history books
don't tell the real story. It was horrible.

"And eventually, we just couldn't stand it anymore. If the
population turns against you, and if they're determined to
kick you out... even if they aren't in the majority... you
have to leave. Otherwise, you become as bad as they
are... and you end up having to leave anyway."
"
Quote.