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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (549)	1/12/2011 7:00:04 PM
From: DebtBomb	1 Recommendation Read Replies (1) \| Respond to of 119362

U.S. Would Lose War vs. China, Celente Says Posted Jan 12, 2011 09:45am EST by Aaron Task .U.S. Defense Secretary Robert Gates dubbed his visit to China this week "productive." Hopefully Sec. Gates knows something we don't because the meetings looked anything but "productive" judging by reports of actual events. China tested its new stealth fighter jet during Gates' visit, which reportedly came as a surprise to Chinese President Hu Jintao. Less dramatically but perhaps more importantly, China rebuffed Gates' attempts to set a timeline for strategic defense talks. In January, China suspended military ties with the U.S. after America sold arms to Taiwan, which China considers sovereign territory. Hopefully, Gates is right and America and China aren't on a "collision course," as many pundits contend. Gerald Celente, publisher of The Trends Journal, does not believe conflict with China is inevitable, mainly because there's too much money at stake. "The game is money. That's really the name of the game," Celente says. "China wants business to continue - that's why they're buying up bonds in Europe to keep the Ponzi game afloat. They don't want war it's the last thing they want." Let's hope he's right. War with China would almost certainly lead to wider conflagration in the region, with devastating consequences and millions of deaths. Furthermore, Celente does not believe America can win. "The U.S. can't beat a bunch of Afghans with sandals on and light arms; they're not going to beat the Chinese," he says. "The U.S. would lose a war" with China. Ultimately, Celente believes Taiwan will become part of China, which pretty much will get to call the shots in the Asia-Pacific region. "Nobody is going to be able to touch China," he predicts. "China wins whatever they want to do in that area." Aaron Task is the host of Tech Ticker. You can follow him on Twitter at @atask or email him at altask@yahoo.com finance.yahoo.com