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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (84262)12/7/2011 10:57:19 PM
From: pogohere1 Recommendation  Read Replies (1) | Respond to of 217739
 
Party on, dude! (:>) In a sense, China is thoroughly transparent in a way that is hard for many of us to grok. Unless we give the Anglo-American military-industrial-congressional complex and those it serves their due, we demonstrate that "It AIN'T so much the things we don't know that get us into trouble. It's the things we know that just ain't so."

In another context there's also:

The Unknown

As we know,
There are known knowns.
There are things we know we know.
We also know
There are known unknowns.
That is to say
We know there are some things
We do not know.
But there are also unknown unknowns,
The ones we don't know
We don't know.

By Donald Rumsfeld

Feb. 12, 2002, Department of Defense news briefing



To: TobagoJack who wrote (84262)12/7/2011 11:25:49 PM
From: Hawkmoon5 Recommendations  Read Replies (1) | Respond to of 217739
 
If you understood the nature of Marxist/Maoist politics, you'd understand that it is a 3 legged stool, with the political wing, the military, and intelligence, making up each leg of the Communist Party.

Right now the political (business/capitalist) leg has primary control for the purpose of developing the country. Should they lose their power because they no longer can "bring home the bacon", the intelligence and military folks will grow in power and their agenda will be implemented.

The military sees an eventual conflict with the US for them to assert national power as inevitable. This isn't much different than what Imperial Japan's military rulers saw as well. China, like Japan, is resource starved and the only way to control them is to use military force/intimidation to subdue surrounding nations.

But I still stand by my belief that Chinese society may rebel against sending their only children off to war, destroying entire family lines in the process. I won't say that I'm 100% sure of this, but I'm holding on to that hope and prayer.

i take it now you are of the opinion that the rmb should rightly drop against the usd?

The Chinese gov't is going to peg it wherever they so desire. The damn thing has been floated on the global markets so it lacks the "stress" that market forces should apply to it.

But you apparently believe that it will decline due to inflation, right?.. That's why your buying Gold and not Yuan, right?

then why would you believe china would hard land?

Overcapacity... Recession in Europe, and possibly followed by the US. On-going stagnation in Japan... China makes a lot of stuff for other nations. So when we stop buying so much of it, it stands to reason the rug will be pulled out from under China's economic "miracle". At least until they convince their own people to stop saving so much instead of spending it.

Hawk