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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: combjelly who wrote (558272)4/2/2010 6:28:52 AM
From: Taro  Respond to of 1576875
 
Congrats, CJ!!

Still able to create a reasonable post, I thought the force was no longer with you to do that.
Or was this your kind of April joke ? :)

All of that said, I believe you made a good point here.
The only difference I see between Japan then and China now, however:

When the doodoo hit the fan for Japan, a military option wasn't theirs (unlike when they were hit by the US oil embargo up to Pearl Harbor).

The Chinese, however, if their economy faces a disaster, which they may blame on the US dollar or other destructive events forced down their throat from the outside, making use of or at least making serious threats of a military solution of some kind wouldn't be all out of question.

In that situation China, unlike Japan, would have military forces to back that up.

/Taro



To: combjelly who wrote (558272)4/2/2010 1:18:23 PM
From: RetiredNow  Respond to of 1576875
 
That was an excellent post. Good analysis. That is a risk I hadn't thought of, but I do think that China is increasing the wealth of their own population steadily through their export driven push. As those populations get more wealthy and the average income rise spreads to the ex-urban populations and those ex-burn folks move to cities, the internally driven consumer economy will blossom. In fact, the leading indicators are that this is already happening. I say some article just yesterday that talked about the urbanization of China and how rapidly that is happening.

One last thing...they have also made themselves very tightly intertwined with the US. So our economies either rise or fall together to some extent. That gives them a darn good safety switch to prop up their economy in bad times.

So it's a crack, or a risk, but with no imminent signs of exploding.