cracked butt
Member
When I saw the topic, I had a whole slew of ideas to 'put to paper' but Jungle has pretty much outlined my views perfectly.
On the whole, I agree with you. However, we're talking about the decision-makers in China, not the population as a whole. If 99% of the population are capitalists but the guys with the guns are hard-line Maoists, the decisions the nation makes with regards to economic warfare will be from the perspective of a communist.Anyone who thinks China is a communist country should do a little more study. They still have the red flags as window dressing, but in reality they are more capitalistic than we are.
LAK said:And the traitors in Washington can, a few months, or years, down the road say;
"We didn't know ..."
"We did not anticipate ...."
"No one imagined that ..."
"Who could have predicted ..."
"We did not expect ..."
... etc
We know, "it was a big mistake". "They made some bad decisions".
etc
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http://ussliberty.org
http://ssunitedstates.org
Any Chinese effort to dump the dollar will hurt them as much as us, in a practical sense most of the major currencies prop each other up. Even if the Chinese could do major damage to the US economy, then they will have only destroyed their primary market. We sell them many vital technical things, like commercial aircraft and certain other types of capital equipment. They primarily are selling dirt cheap labor to support a society that is 85% by population agrarian.
Just look at how much junk people buy without really needing it, while they have no savings to speak of. All of that will be fixed over time, either slowly and bearably, or fast and painfully. People will have to take their pick.
The suppression of the M3 data by the Fed is indeed troubling. What happened in Argentina comes to mind, along with the SHTF thread that details the what-ifs.
Actually, the "best" option is to have Israel do the dirty work. I'm sure it's being worked on.War is actually the best one available.
.Suppression of the data isn't in and of itself troubling. Numerous explanations for that...none of them very supportive of the idea of Democracy of course, but not necessarily the end of the world either.
thumper723 said:That is a real concern.
Normally honest people will do desperate things when they are up to their necks in stuff.
Now, the 1929 crash and resultant depression WAS bad, and we had people standing in line in soup kitchens and going hungry in large numbers.
That brought us a ton of psuedosocailist programs, which helped short term, but have caused long term problems. I see this as a possible way the blissninnies will get the sheeple to allow MORE socialism in America.
Lord help US if this comes to pass.
I prepare for the worst, and hope for the best. Reality will probably be somewhere in the middle.
Borachon said:Possibly true...but ask yourself this....do you work in an industry that people can do without? Are you a travel agent or a new car dealer? Or does your business sell insurance or sell houses? Do you work in a factory that makes "knick knacks" that people buy? If so..then you will feel DIRECT effects when people stop buying YOUR stuff.
OR do you sell a vital good? Like food or gasoline? You still aren't safe. When less money comes to people who DO make 'knick knacks' (your customers in other words) then they aren't going to be able to purchase what YOU sell. When your customers suffer, then you will suffer.
Bank on it.
Sir Aardvark said:Also, China has a next door neighbor, India, who is also riding the crest of an extraordinary boom and will soon be competing fiercely with them for scarce resources, such as oil, which is going to make for some interesting times ahead.
War? That is almost amusing. War with what, and whose, money? With what resources; what army?Borachon said:What IS troubling is the date "coincidence" which corresponds to a switch in Iran to Euros for oil purchases. Not many options exist now for stopping their move and protecting our economy. War is actually the best one available. All the other options would demand a reduction in our lifestyle.
I put forward this idea on another forum several months ago. It wasn't a very popular observation; but one which I still think is in the works.Malone LaVeigh said:Actually, the "best" option is to have Israel do the dirty work. I'm sure it's being worked on.