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.... is the same as the dude who claims that he has an 8" dick.
In point of fact its 2" long fully erect, the diameter of a pencil, and incapable of doing anything other than pissing.
He's not even a competent saber-rattler, when you get down to it and their entire "economic miracle" is driven by slavery, environmental destruction and theft of intellectual property.
And by the way, this starts with, beginning now, forbidding any Chinese national, corporation or other entity with ties, directly or indirectly, to the Chinese government from holding, acquiring, controlling or operating any real estate or other fixed asset inside the United States or its possessions. Period.
"I would characterize my professional disdain as more of a professional contempt for their [Central Banker, Banker and politician] economic and financial policies, priorities, presumptions and prescriptions." - Lauren Lyster on Capital Account for Friday June 16, 2012
"All the stimulus, the bailouts, the quantitative easing, all the accounting gimmicks that came about as the result of the suspension of FAS 157; it was all about kicking the can down the road. Well, the road's run out and we're heading for a cliff..."
"F**k CNBS, CONgress, Obama, the Democrats, the Republicans, the ratings agencies, the Banksters, the Fed, the FASB, all the government regulatory agencies, the Trilateral Commission, the Council of Foreign Relations, the G whatever, the UN, and any other bastard or big corporate interest that has a fingerprint on this Alice in Wonderland like 1984 fascistic Orwellian existence the people of the US are subjected to on a daily basis. " - Post on Zero Hedge on 10/29/2009
"Never attribute to malice that which can be adequately explained by stupidity." Torgo
This is what happens when two arrogant, loud-mouth nations are adversaries in spite of being dependent on one another.
US & China: bluff, counter-bluff, counter-counter-bluff, counter-counter-counter-bluff, etc., etc., etc., until one side decides it has had enough of the bluffing and it becomes real.
How long until that happens is anybody's guess. My gut feel is that the bluffing still has some time to run, probably a couple of years or more.
". . . the Constitution has died, the economy welters in irreversible decline, we have perpetual war, all power lies in the hands of the executive, the police are supreme, and a surveillance beyond Orwells imaginings falls into place." - Fred Reed
"But what I do have are a very particular set of skills, skills I have acquired over a very long career...that make me a nightmare for people like you... I will find you, and I will kill you." Liam Nesson- "Taken"
Patience, grasshoppers! Revenge is a dish best enjoyed cold.
I'm sure China plans to annex Taiwan no later than 2049, the year of the CCP's centennial of coming to power. Anyone think that the USA will be in any shape to stop it by then, let alone in just ten years?
Systemic corruption. Endless lockdowns. Tanks in front of closed banks. An incalculable amount of debt. A demographic nightmare. An apathetic population. The USA may have problems but they pale in comparison to China's.
Their economy was built on manufacturing cheap junk to export on top of a real estate development Ponzi. Additionally, they are trying to build a military industrial complex modelled after that of the USA.
Their military buildup and saber rattling is merely a distraction from their many mistakes. (Sound familiar?)
I still contend that we'll wake up to the news that a financial crisis of historic proportions has taken down the CCP. The only question is; will they go before us?
"Economists are no different than the prophets of ancient Pompeii who reassured that Mt Vesuvius would never blow. After all, it never had before." Baxter Black, DVM and Cowboy Poet
"You can avoid reality, but you cannot avoid the consequences of avoiding reality." Ayn Rand
"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."- Frdric Bastiat
With the Politburo meeting next month and the real estate and banking issues going on in the PRC, Xi has got to be looking over his shoulder at every turn. He has a ton of enemies still. I am looking for something to happen internally as opposed to externally with regards to China.
Agree totally, Happyapricot. They cooked it up on that phone call they had, I think about a week ago. Now after the drunken slag leaves, the CCP will blast the living **** out of the top of the ocean in select areas near Taiwan to look tough back. I have to say I'm really disappointed she didn't get a Sidewinder up her wrinkled ass, though. I was really looking forward to the ****show that would have ensued, and of course she'd be gone, and I wouldn't have to see that ****ing pig face anymore (live anyway).