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Originally posted by semperfoo
Lets not just throw the word 'superpower' out just for kicks here ppl. Russia sits on a massive arsenal of WMDs sure. But can russia maintain those WMDs? No they cant.
It takes alot of $$$ in order to mantain a nuclear arsenal such as russia has, some 20,000 nukes i believe. Thats the difference between america and russia. We can afford to mantain our WMD stash. Russia can not as Russias WMDs are detetirorating as we speak.
www.dhushara.com...
The link above link explains the tensness that still remains to this day between the two former advisarys. America seems to have the clear advantage in anycase.
Weeks earlier the Norwegians had duly informed Russian authorities of the planned launch from the offshore island of Aiidoya, but somehow word of the high-altitude experiment had not reached the right ears. That frightening incident (like some previous false alarms that activated U.S. strategic forces) aptly demonstrates the danger of maintaining nuclear arsenals in a state of hair-trigger alert. Doing so licightens the possibility that one day someone will mistakenly launch nuclear-tipped missiles, either because of a technical failure or a human error-a mistake made, perhaps, in the rush to respond to false indications of an attack.
This is what is really worisome. Well we just started WW3 by studying the Aurora! NICE!!! I wouldt be suprised if Al Quada has nukes right now.
Alls they would have to do is go to russia and get the right mob boss and if the $$$ is right im sure they could get there greasy little hands on a nuke from russia. That country is being run by mobs today. Ever heard the saying, Thirdworld power dressed in superpower clothing? Thats what russia is right now. A 3rd world power who has the toys of a superpower.
And china? Dont make me laugh. China wouldnt side with russia in a nuclear exchange because china needs the US to buy all there crappy toys for economic benefit.
If the US were to fall the EU (chinas largest customer) would lose theyre largest trading partner (the US) What do you think happens to china if china were to lose both of there largest customers?
What do you think would happen to the interdependant world economy?
As of 2003 estimates, the US made up 21.6% GWP (gross world product) The EU 21.4%. And china 12%GWP.
The world economy would collapse if america would fall.
So you shouldnt get such a hard on when talking about such serious yet unlikely scenarios.
Lets face it, The world needs america more then they dont need it.
And once the Fairtax goes through,
the world economy will become more and more dependant on the american economy.
It will put an end to the china supermacy crap talk. And will finally shut up all the american bashers who think the US economy is on its final footing.
]
stellarX
when America falters or falls.
The American economy has probably gone past the point of no return and considering the absence of economics reformers in government i don't see how reform will come before a even more severe decline or collapse.
It is not dependent on the American economy for any other reason than the ability of the American armed forces to inflict terror bombing on those third world countries that attempts to try alternative economic strategies.
stellarX
There is no evidence that it will and i wish you would actually bring me the names of the prominent American senators and economic policy makers who support this, probably good economic, policy
According to Stanislav Lunev mini nuclear weapons are already em placed all over the US and being manned by KGB and other Russian agents. To think that Muslim terrorist operate such weapons are shear delusion fantasy and the Russians are probably doing their best to encourage these unfounded rumours
They certainly have sufficient resources to build new nuclear missiles and strategic submarines as well as deploy and upgrade hundreds of air defense systems so why on Earth assume they would do that BEFORE they keep their strategic forces well maintained? The logic is simply flawed and the type of evidence that would prove your assertion is most certainly not to be found in any documents or sources i have seen or heard about.
Yes they seem to have done just that and there is no solid evidence that they did not operate sufficient nuclear forces today to ensure the destruction of the US as a modern industrial nation. This is assuming the absence of large scale deployments of direct energy weapons in the US as they certainly could have just as the USSR seemed to have
Originally posted by StellarX
You can have any opinion you like and it's pretty clear that is all your about. The Russian civilian economy may be dominated by such powerful groups but that is not the case for their armed forces and i think we should rather look at the missing Pentagon funds before we point fingers at the so called Russian mafia influence over their defense establishment.
China already sided with Russia and it's too bad you do not know about it. When last did the Chinese economy depend on toy exports to the US markets? Have you done any research or are you reading these myths from a prepared sheet?
Their growth would slow down by a few percent per year and they would have to focus more on development of their markets in the East and third world. In the resulting power vacuum ( absence of EU and US as functioning regions) they would probably be able to make the deals they require to continue trading. The US can not afford to waste nuclear warheads on China as they will need each and every one they can spare against Russia who have the buried infrastructure to keep on firing nuclear weapons at the US. China will not attack the US as there is simply no reason for them to do so.
Good things really as it will enable many nations to start acting in far more independent way to the general betterment of their various people's. A globalized economy will result in nothing but a fascist world government and i don't want that any more than you do.
No it would not and stop kidding yourself being as ignorant of economic realities as you are.
Talking about these matters hardly gets me excited but i wish it would those who would be the first to suffer the consequences of their ignorance.
Originally posted by fritz
The former Union of Soviet Socialist Republics and the Warsaw Pact were, indeed, a formidable weapon.
Militarily speaking, the Warsaw Pact [WP] was a force to be reckoned with.
Having said that, military units within the WP were categorised as being fit for war by their unit designation.
The elite of all forces were given an 'A' prefix, whilst second string units were given a 'B' designation and reservists and recruit units were given a 'C' designation.
'A' type units would invariably get the best equipment, the best officers, snco's and jnco's and would often get the coveted Guards title.
'B' type units were mostly high quality troops with good quality equipment whilst 'C' type units were there largely to make up the numbers with obselete or semi-obsolete equipment - much in the same way as our territorial army - turn up for 2 weeks and maybe fire your rifle or drive your tank, but only if there was anough rounds of fuel to go round.
Even so, sheer weight of numbers and Soviet doctrine [stated intentions of first use of chemical weapons in front line areas and biological weapons in Brigade, Divisional and Corps rear areas] would, I think, have ensured a quick WP victory.
I say this because NATO commander would have been at odds with each other in the form of what retaliation they should take. [The scenario of George Bush telling Iraq that if they used chemical weapons coalition forces would go nuclear - just did not exist, if only because the WP had the will to use nuclear wpns]
At the time - say the early and perhaps the late 70's, the Russian led WP was comparable to and in certain cases better than the NATO forces it faced - especially in artillery, fighter-bomber aircraft and most certainly in helicopter gunships where NATO had nothing much to offer.
As I said, I think the WP would have won any conflict, but perhaps it would have been a close run thing.
With regards to Russia and her military power today, she is no longer a superpower. Her military is no longer to be feared - even if that fear was misplaced in the first place.
Russian military itself, does not pose a threat. It is the mafia gangs with access to military weapons, equipment and nuclear technology that pose the threat, as recently demonstrated by the death of an ex KGB spy in London.
Originally posted by DoBravery
You disprove your own point.
All the systems you mention are those of a nation that is struggling with power projection.
The US has carriers to control foreign airspace and protect transports.
The US has expensive aircraft so that it can strike anywhere in the world.
If you can't afford an air force, then you attempt aerial denial with air defense.
If you can't afford a navy, then you attempt denial of the seaways.
I'm not being negative towards Russia.
If they are above sticking there nose everywhere then good for them. I just think compared to the 80's, their military reflects a nation withdrawn from power projection.
BTW your trying to sell us a Yugo like it's a Bentley.
Originally posted by StellarX
Originally posted by DoBravery
You disprove your own point.
All the systems you mention are those of a nation that is struggling with power projection.
How is it struggling? Does Russia not benefit by these massively higher oil prices and does it not benefit by the hugely expensive American occupations of Iraq and Afghanistan? What exactly in this world is going America's way with all the supposed power projection capabilities they have?
The US has carriers to control foreign airspace and protect transports.
With the operational cost involved in such weapons they better do all that and it's most certainly not assured against all the strategic weaponry that Russia can deploy against it. Carriers are in fact most useful for terrorizing the third world but are unlikely to last in a nuclear exchange or true strategic war.
The US has expensive aircraft so that it can strike anywhere in the world.
Not sure why their expense is a qualifier ( i would much rather have dirt cheap aircraft with the same ability) but i suppose we are still assuming that spending more is somehow a indication of general effectiveness? How many US bombers are truly strategic and how effective would they be against modern Russian air defenses when they would not have had much success in the 80's according to the specialist at the time? The B-2 force is just too damn limited in operational capability and operates from a single airbase that would not exist for very long once a 'real' war breaks out. The fact that they require so many support aircraft ( dozens for a single intercontinental strike) does not help and makes them rather unwieldy tools that can not do much but bomb the most static of targets.
If you can't afford an air force, then you attempt aerial denial with air defense.
Everyone can afford a air force and the USSR could have certainly deployed thousands more had they wanted to but airfields are vulnerable to strategic and theater ballistic missiles ( to say nothing of cruise missiles and long range artillery) and there soon comes a point when your inviting disaster by making yourself too predictable. The USSR and Russia took the dual route of protecting themselves by both means in a rather balanced way thus enhancing the efficiency of both forces and not exposing themselves to a single point failure.
If you can't afford a navy, then you attempt denial of the seaways.
The USSR would have quickly won the convoy battle's in the Atlantic and with the vastly reduced US force levels in Europe the reduction in their naval strength still enables them effective means of denying the US easy convoy access to European battlefields.
I'm not being negative towards Russia.
Probably not and this misunderstanding could simply be due to you not having really investigated this issue before simply posting what seems logical based on western media reports. It's after all not your fault their lying trough their teeth.
If they are above sticking there nose everywhere then good for them. I just think compared to the 80's, their military reflects a nation withdrawn from power projection.
Then how is it that their economy is getting so much stronger while the US economy has weakened so tremendously?
BTW your trying to sell us a Yugo like it's a Bentley.
The problem with not knowing is that you really do not.... Nothing i can't help you with!
Stellar
Originally posted by StellarX
This is assuming the absence of large scale deployments of direct energy weapons in the US as they certainly could have just as the USSR seemed to have.
They certainly have sufficient resources to build new nuclear missiles and strategic submarines as well as deploy and upgrade hundreds of air defense systems so why on Earth assume they would do that BEFORE they keep their strategic forces well maintained?
Can we keep our source material based on official documents please as i have no need to rely on the opinions of non defense industry or intelligence specialist to defend my views.
. There was never any danger of a nuclear war breaking out as the Russians quickly discovered that there were no large scale attack and thus nothing to fear.
According to Stanislav Lunev mini nuclear weapons are already em placed all over the US and being manned by KGB and other Russian agents.
You can have any opinion you like and it's pretty clear that is all your about. The Russian civilian economy may be dominated by such powerful groups but that is not the case for their armed forces and i think we should rather look at the missing Pentagon funds before we point fingers at the so called Russian mafia influence over their defense establishment.
China already sided with Russia and it's too bad you do not know about it. When last did the Chinese economy depend on toy exports to the US markets? Have you done any research or are you reading these myths from a prepared sheet?
Their growth would slow down by a few percent per year and they would have to focus more on development of their markets in the East and third world. In the resulting power vacuum ( absence of EU and US as functioning regions) they would probably be able to make the deals they require to continue trading.
can not afford to waste nuclear warheads on China as they will need each and every one they can spare against Russia who have the buried infrastructure to keep on firing nuclear weapons at the US.
Good things really as it will enable many nations to start acting in far more independent way to the general betterment of their various people's. A globalized economy will result in nothing but a fascist world government and i don't want that any more than you do.
003 estimates, the US made up 21.6% GWP (gross world product) The EU 21.4%. And china 12%GWP.
Source? Are this based on dollar value moving in that countries financial markets or related to actual goods exchanged or consumed?
The world economy would collapse if america would fall.
No it would not and stop kidding yourself being as ignorant of economic realities as you are.
ce it, The world needs america more then they dont need it.
I can't speak for the world but knowing what the American governments had done ( and still attempts) in the past, to maintain their dominance, i don't believe there will be a great public outcry when America falters or falls.
The American economy has probably gone past the point of no return and considering the absence of economics reformers in government i don't see how reform will come before a even more severe decline or collapse.
Originally posted by rogue1
What complete and utter BS, you hvae absolutely no proof of this, you write far more fiction than fact
Because they DO NOT hvae the resources to spend the necessary money everywhere.
Besides they can barely afford to build a nuclear sub, it's taken them years just to lay down the keel of the first Borei class because they couldn't afford it.
LMAO, how typically hyprocritical, take a leaf out of your own book
Except that Yeltsin was drunk and he had the direct ability to order their strategic forces to attack ( using the Russian version of the ' football ' )without having to get it confired by anyone else.
You do realise the KGB does not exist anymore Oh BTW can we please stick to reputable sources.
You don't see a security problem with the US selling nuclear weapons or having nuclear materials easily accessable.
It is well known that Russia lacks the necessary controls over it's bomb grade materials.
CHina has not already sided with Russia LOL. China uses Russia for it's military equipment, there will come a time in the not to distant future when CHina has surpassed Russian militray tech, then they won;t even have to pay ;ip service to the Russians anymore.
The new treaty is the first new friendship treaty since the Sino-Soviet pact in 1950. The new treaty will set up a new-type of interstate relations, different from those agreed to in the 1950s. It is "not directed against any third country" nor does it impose any obligations to each other.
The only goal of the treaty is to enhance the strategic relations between China and Russia and to provide a basis for world peace and stability.
The two sides also agreed not to aim their strategic nuclear weapons at each other and said they would work to solve any dispute peacefully. "If a threat of aggression arises," the treaty states, the two sides "will immediately make contact with each other and hold consultations in order to eliminate the emerging threat."
www.china.org.cn...
President Vladimir Putin and his Chinese counterpart Jiang Zemin signed the first post-Soviet friendship treaty between the two nations this week. "The treaty will bring friendship from generation to generation," Jiang said after the signing ceremony. "This is a milestone in the development of Chinese-Russian relations."
The U.S. State Department was quick to announce that the Chinese-Russian pact is no threat. But behind the scenes the new closeness between Moscow and Beijing is causing serious headaches in Washington.
Two months ago The Washington Times published a story, based on leaks from the Pentagon, that alleged that a February 2001 Russian strategic exercise was in fact a preparation to attack U.S. bases in the Far East in support of China. The exercises involved Russian Tu-22 Backfire bombers that flew close to Japanese airspace.
"The Russians were practicing nuclear intervention against U.S. troops on Taiwan," said an unidentified American intelligence official, familiar with classified reports.
High-ranking Russian generals and diplomats I interviewed on the subject said that these allegations are crazy, that if and when the U.S. and China clash over Taiwan, Moscow would do its best to keep neutral.
www.cdi.org...##4
In foreign policy it’s critical to “know thine enemy.” So American policymakers should be aware that Russia and China are inching closer to identifying a common enemy — the United States.
The two would-be superpowers held unprecedented joint military exercises Aug. 18-25. Soothingly named “Peace Mission 2005,” the drills took place on the Shandong peninsula on the Yellow Sea, and included nearly 10,000 troops. Russian long-range bombers, the army, navy, air force, marine, airborne and logistics units from both countries were also involved.
Moscow and Beijing claim the maneuvers were aimed at combating terrorism, extremism and separatism (the last a veiled reference to Taiwan), but it’s clear they were an attempt to counter-balance American military might.
Joint war games are a logical outcome of the Sino-Russian Friendship and Cooperation Treaty signed in 2001, and reflect the shared worldview and growing economic ties between the two Eastern Hemisphere giants. As the Pravda.ru Web site announced, “the reconciliation between China and Russia has been driven in part by mutual unease at U.S. power and a fear of Islamic extremism in Central Asia.”
www.heritage.org...
The most striking result of Russian Defense Minister Sergei Ivanov's four-day visit to China this week was the agreement announced Monday to hold "substantial military exercises on Chinese territory in 2005" (quote from Russia's Interfax news agency). This was Ivanov's second trip to Beijing this year, and Chinese President Hu Jintao used the occasion to assert, "Sino-Russian strategic coordination has attained an unprecedentedly high level."
The agreement to hold joint exercises is, in fact, unprecedented, and Hu went on to express satisfaction at the growth in relations between the two armies. Not that you would know any of this from our lethargic press.
The Chinese and Russian news services played up the story, and AP and Reuters correspondents promptly filed detailed reports from Beijing. But most U.S. print media-The Washington Post, for example-ignored the story. The New York Times Tuesday cut it down to two sentences tacked onto the end of a roundup titled "World Briefing" on page A6.
NATO's bombing of Yugoslavia over Kosovo in 1999 had already heightened the need felt by China and Russia to buttress mutual security ties. The experience eroded the confidence each had in its ability to advance and protect its interests by using its veto at the United Nations Security Council. That confidence suffered a far more serious blow when the United States and UK decided to attack Iraq without explicit Security Council approval. This created even stronger incentive for Russia and China to quicken their rapprochement.
www.counterpunch.org...
There is no subtlety in the Treaty on Good Neighborly Friendship and Cooperation Between the Russian Federation and the People's Republic of China. Presidents Jiang Zemin and Vladimir Putin designed their friendship treaty, signed in Moscow on July 16, to send a loud message to the Bush administration. That message in no uncertain terms tells the White House that it has a supremely mistaken notion about what kind of world it is. And if the United States continues on the dangerous hegemonic road it is now taking, the result will be global instability, thus compelling closer Sino-Russian security cooperation.
The Jiang-Putin joint statement proclaiming that the treaty is "not directed against third countries" is a fig leaf that can be quickly discarded. The naked truth is contained in their hope for a "just and rational new order" and in their opposition to numerous U.S. policies.
The U.S. drive for world domination, Jiang and Putin agree, is revealed in Washington's decision to abrogate the Anti-Ballistic Missile (ABM) Treaty in order to pursue national missile defense. The two leaders called the ABM Treaty a "cornerstone of strategic stability and the basis for reducing offensive weapons." A U.S. multi-layered (land, sea, air, and space) missile defense, Jiang and Putin have long argued, would make America boss by negating Chinese and Russian deterrent capabilities.
The spectre of a China-Russia strategic alliance is looming larger on the Eurasian continent. The signs are increasingly clear: Both China and Russia strongly opposed the NATO bombing of Yugoslavia, during which the Chinese embassy was bombed by the Americans. Both China and Russia strongly opposed the US proposal to develop a theatre missile defence (TMD) system and to amend the Intermediate-range Ballistic Missile (IBM) Treaty with Russia. In the UN, China joined Russia and Belarus in co-sponsoring the motion to keep the Anti-Ballistic Missile (ABM) Treaty. The motion was recently passed by the UN General Assembly.1 Russia recently conducted a series of missile tests amid mounting Western protests against its military actions in Chechnya. China has expressed support for the Russian military actions.
www.iir.ubc.ca...
MOSCOW \emdash Russia and China warned other nations Friday against attempts to dominate global affairs and interfere in the domestic issues of sovereign nations in what appeared to be a veiled expression of their irritation with U.S. policy.
China's president, Hu Jintao joins Vladimir Putin at the Kremlin to announce their agreement.
AP
Presidents Vladimir Putin and Hu Jintao signed a joint declaration after two days of talks calling for a stronger United Nations role in global affairs and opposing attempts "to impose models of social and political development from outside."
The two leaders also urged other states to renounce "striving for monopoly and domination in international affairs and attempts to divide nations into leaders and those being led."
While the declaration did not identify any specific country, it echoed similar veiled hints by Moscow and Beijing about U.S. policy in global affairs.
China, Russia warn of world domination
Mr. Karagonov also pointed out considerable cultural differences between the three countries, as well as intense relations between China and India, RIA Novosti reports.
It was reported on Monday, however, that India and China concluded a strategic partnership agreement. Details of the new document were not exposed, although it is known that the parties came to agreement on the issues of the long-standing border dispute, bilateral trade relations and the economic cooperation. Indian and Chinese prime ministers stated that the document would boost diplomatic and economic links between China and India and help the two states resist "global threats."
For the time being it is not known if Russia is going to have at least something to do with the "strategic partnership" of India and China. It is not ruled out, though, that Beijing and Delhi decided to do without Moscow's participation.
India, China and Russia to create new alliance to challenge USA's supremacy
The signing of the 2001 Treaty for Good Neighbourliness, Friendship and Co-operation set in legal stone the sincere hopes of the two peoples for "eternal friendship and never enmity," marking a new phase in the maturity and stability of Sino-Russian relations.
In addition, demarcation of the 4,300-kilometre border was recognized in law, making it a link for "peace, friendship, co-operation and development." This also removed uncertainties that had surrounded political ties and provided security guarantees for future generations and a foundation for deeper growth of bilateral ties.
This year's joint communique signals that relations have entered their best-ever phase. These joint military exercises are the result of the two countries reaching an important stage in relations and a manifestation of the pragmatism demonstrated by both sides.
Sino-Russian relations blossom
I can say categorically, many Chinese here feel much more affinity to Americans than they do to Russians, simple fact.
Not ot mention som of the more hardline military men see Siberia as Chinese territory.
Also Russia is a miniscule market for the Chinese economy, thnk about that.
this actually made me laugh, it became very obvious that this person has no idea about what hes talking about, needless to say he's completely wrong.
I'm curious though who would take up the slack with the EU and US gone ? Who would buy the necessary volume of Chinese goods ? Please tell me, LOL.
LOL ^^ back to your Cold War fantasy's again. What's the matter do you hate the world, the gitls don't find you atractive ?
Said like a true parrot, can you form your own opinions or just regurgitate all teh slogans and ideals you find on fronge websites.
Once again you obviously don't understand what this indicator means, you're the google king - look it up.
Ever here of the great depression ? guess not.
The special nature of the dollar as the reserve currency of the world has allowed this game to last longer than it would have otherwise. But the fact that gold has gone from $252 per ounce to over $600 means there is concern about the future of the dollar. The higher the price for gold, the greater the concern for the dollar. Instead of dwelling on the dollar price of gold, we should be talking about the depreciation of the dollar. In 1934 a dollar was worth 1/20th of an ounce of gold; $20 bought an ounce of gold. Today a dollar is worth 1/600th of an ounce of gold, meaning it takes $600 to buy one ounce of gold.
What the Price of Gold is Telling Us
You obvioulsy know very little, but hey you do live in the ass end of the world.
I know you've probably googled these postions from som Economists somewhere, however it is clearly obvious you don't understand economics. Go back to school or do a course, don;t be so naive all the time.
BY STELLAR
the US military that still retains the capability to take on most of the world's nations
Originally posted by Oplot84
actially the original version of it was unguided... new version of it is guided.
A prototype of the modernised "Shkval", which was exhibited at the 1995 international armaments show in Abu Dhabi, was discarded. An improved model was designed with a conventional (non-nuclear) warhead and a guided targeting system, which substantially enhances its combat effectiveness. The first tests of the modernised Shkval torpedo were held by the Russian Pacific Fleet in the spring of 1998.
The 'Region' Scientific Production Association has developed developed an export modification of the missile, 'Shkval-E'. Russia began marketing this conventionally armed version of the Shkval high-speed underwater rocket at the IDEX 99 exhibition in Abu Dhabi in early 1999. The concept of operations for this missile requires the crew of a submarine, ship or the coast guard define the target's parameters -- speed, distance and vector -- and feeds the data to the missile's automatic pilot. The missile is fired, achieves its optimum depth and switches on its engines. The missile does not have a homing warhead and follows a computer-generated program.
www.globalsecurity.org... source
Originally posted by semperfoo
Look I really dont have the time to play these little circle jerk games of yours.
One thing I have noticed about your 'lecturing'
(which probably isnt the right word to use givin your delusional state)
is you are so sure to tell ppl to show some sources but when you yourself say something the sources are no where to be found.
Or they are filled with propaganda that you spout as fact.
Very misleading just so you can support your outrageous claims.
Show me some 'reliable' sources to what you 'claim' to be as fact!
Otherwise I sense a bit of hypocrisy from you.
I am well aware of China 'siding' with Russia. However the Russians need be careful when dealing with the chinese as it is the chinese who are using the Russians for there own agenda. Dont think for a second once china no longer needs russia that china wouldnt hesitate to stab russia in the back.
China is very much so dependant on the US.
But I will adress this later on down in my rebuttal.
Their? Whos 'Their'? I guess im going to have to assume your talking about China.
Chinas economy would be in peices without the US/EU.
The World Economy would be destroyed.
Your lack of intelligance on the very subject has helped me to come to the profound conclusion that you have made it evident enough for me to say that you have no freakin clue as to what in the hell it is your talking about!
ou read propaganda filled filth you are bound to take it as fact just like you are. Oh how dazed and confused you really are.
In anycase of a collapse of America the world economy would follow as the demand created by the US economy evaporates.
Now couple that in with the EU and you have a huge problem. So yes. The world economy would infact collapse.
Because it wouldnt be able to sustain the current growth without the US and EU. Its to interdepedant. Now ask yourself this. What would that do to the world let alone china?
Remeber it is your opinion that the US is going to collapse. And Its like that ol’ saying goes about opinions. There like assholes, everyones got one. Forgive me If I just take your opinion like just another asshole.
The US wont collapse because the USD wont collapse. China, Japan, Russia, the Middle East oil kingdoms, Korea, Taiwan, and all the other major industrial powers of the world today are locked in a no win situation of having to take USD’s for all their goods, and having to allow the US to run ruinous fiscal and trade deficits.
They really have little choice because every industrial and commercial process from banking to making TV sets is cost based in USD and paid for predominately in USD.
What would happen if the USD system collapsed?
Wouldn’t every industrial process, banking transaction, retirement fund, manufacturing process stop dead for a time?
Wouldn’t that mean that the world economies would have to endure a major depression and financial collapse because the oil in the world financial machine (the USD) ran dry?
Wouldn’t there be massive shortages, as just in time manufacturing for everything under the sun stopped cold because the USD financial payments for everything from commodities inputs to worker paychecks, to truck drivers, to fuel payments for trucks became worthless?
Would the world have to find a new way to clear every financial transaction from a paycheck to even a box of pencils for a factory? Find out how to clear the entire mass of USD transactions that encodes every thing that is made, paid, invested every second everywhere…
if the USD collapses the entire world economy stops cold. And then consider the fact that just in time manufacturing means that the entire supply of every thing has about 3 days inventory, and if factories have trouble making payments to suppliers for example, the factories have to stop, and 3 days later, there just aren’t any more critical ‘XXX’ (you fill in the blank)!
Imagine every USD denominated bank account becoming worthless.
Imagine trillions of dollars of retirement funds becoming worthless.
Imagine China losing 2/3 of its trillion dollar foreign reserves, and Japan, and Russia, and Taiwan, and Korea.
I dont claim to know everything about economics. But what a weak attempt at some smack talk. stick to what you do best which is spout off rediculous claims filled with
See how easily you just contradicted yourself there.
Anyways be prepared for the entire world to suffer a huge setback then. Im done. Good luck and God speed.
Since we today have the Euro and Yen ( to say nothing of the Yuan) that could easily replace the USD as reserve currency there is no reason to think that things can not changed when the US starts losing the capability to employ force so far and wide.
Originally posted by rogue1
LOL, I find this totally amusing with stellarx, he can post all these sources which prove nothing of what the real economic situation in th world is all about. All it shows is his ignorance of what economics is.
Tyical tactics of borwbeating people with posts which have little or no relevance to the subject being discussed.
Whilst he thinks he is somehow enlightening people, almost everyone just rolls there eyes. I am still waiting for some information which actually shows that he knows anything about what he is talking about. But hey we've all been waiting since he joined up.
As well I also find it funny that ghe tells people to enlighten himslef by reading certain authors when it is obvious to me ( as I hvae read some f these books ) that he hasn't read these books at all.
Lol...well that is a productive comment...for someone that has never seen Russia and most likely Europe.
Originally posted by ape
lol ruble millionaires? haha I can bet most of them are corrupt and the mafia runs that country.
Ok...let me get this straight...Latins flock to the US to work...but that is NOT viewed as a sign of progression in the US...how do you work then, I'm a bit lost.
the day russia is finally showing signs of progression is when people flock to the motherland to invest and start a new life, which is something that is non existant its actually the reverse.
Well... Govs banning unhealthy food is not that bad of a "regression" compared to a govt that allows ppl to eat like pigs only to have them flock the hospitals later. Perhaps banning is too much, really telling the public what kind of crap are they eating would be enough I guess, but that is too much for any country, since most sell crap food regardless of its lack of benefits to health...
the fact 'junk' food is banned from russia only tells me regression, thats horrible, people have a right to eat whatveer they want.