It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by LucidDreamer85
Originally posted by Mainer
reply to post by ProtoplasmicTraveler
The report also said that the U.S. ship was unarmed. Somehow I disbelieve this.
Why would we risk such an expensive ship and have it be unarmed. That has to be total B.S.
the largest spy system in the world exists in the USA, its named Echalon. It records every text message, telephone call, skype, email, fax, cell phone, even breaks into secured smart phones. It does not differentiate between who you are, it records everything. If you were a foreign country, you would want access to this system, why build your own when you can hijack US system like Echalon. So its what the French, Israeli, German, Russian, Cuban, British, and pretty much G20 Nations do....they hijack US Spy systems for their own Use. Your own government built the spy system that other countries use to gather information on american citizens and american corporations, while US agencies use it to spy on foreign companies and citizens. This is why its called the great game.
The Chinese navy has deployed a Jin-class (Type 094) ballistic missile submarine to a new base near Yulin on Hainan Island on the South China Sea, according to a satellite image obtained by FAS. The image shows the submarine moored at a pier close to a large sea-entrance to an underground facility.
Also visible is a unique newly constructed pier that appears to be a demagnetization facility for submarines.
A dozen tunnels to underground facilities are visible throughout the base compound.
The satellite image, which has also been described in Jane’s Defense Weekly, was taken by the QuickBird satellite on February 27, 2008, and purchased by FAS from DigitalGlobe.
The Arrival of the Jin-Class Submarine
The dimensions of the submarine in the satellite image are similar to the Jin-class SSBN I spotted at Xiaopingdao Submarine Base in July 2007 and the two Jin-class SSBNs I detected at the Bohai shipyard in October 2007.
China is believed to have launched two Jin-class SSBNs with a third possibly under construction. The U.S. Intelligence community estimates that China might possibly build five SSBNs if it wants to have a near-continuous deterrent at sea. Of course, it is not known whether China plans to operate its SSBNs that way.
Originally posted by ravenshadow13
Yeah, the Chinese mooned the ship.
That's not really cool. They claimed that the ship was in an area that it wasn't supposed to be and threatened them, and then mooned them.
Originally posted by ProtoplasmicTraveler
It's all fun and games when you are selling the barbarians cheap junk to go with the meat scraps and duck sauce, but "you fery fery bad when you no pay" Get out! Get Out!
Originally posted by SLAYER69
reply to post by sadchild01
Simply because you don't like the truth doesn't mean you can just ignore the facts. Some of us are a lot more aware of what China is doing more so than others
I'll trust those sources rather than believing you my friend.
The fact of the matter is that the whole planet is tied together and the more people try to deny that little fact the more ignorant they sound. China may try to do all those things but it will never become a reserve currency at least not while they are communists anyway.
Here is a pretty good eye opener for you pay attention and get the facts.
[edit on 10-3-2009 by SLAYER69]
China may try to do all those things but it will never become a reserve currency at least not while they are communists anyway.
Originally posted by SMEAT
Originally posted by ProtoplasmicTraveler
It's all fun and games when you are selling the barbarians cheap junk to go with the meat scraps and duck sauce, but "you fery fery bad when you no pay" Get out! Get Out!
neither side is probably happy about this...but wow. no need to be racist
Originally posted by Mainer
The report also said that the U.S. ship was unarmed. Somehow I disbelieve this.
Originally posted by 727eng
I would guess that if the Chinese had a spy ship off the coast of California, The US navy would be interested in them as well. Of course, we could send out Pelosi to moon the Chinese ship. That would get rid of them quick.
Originally posted by ProtoplasmicTraveler
It's all fun and games when you are selling the barbarians cheap junk to go with the meat scraps and duck sauce, but "you fery fery bad when you no pay" Get out! Get Out!
neither side is probably happy about this...but wow. no need to be racist
I fery sowy!
Originally posted by sadchild01
reply to post by Snisha
your source is a blog , and IMF is far more reputed than a blog.
en.wikipedia.org...
Nouriel Roubini (born on March 29, 1959) is a professor of economics at the Stern School of Business, New York University and chairman of RGE MONITER, an economic consultancy firm. After receiving his doctorate in international economics from Harvard University, he began academic research and policy-making by teaching at Yale while also spending time at the International Monetary Fund, the Federal Reserve, World Bank and Bank of Israel. Much of his early studies were focused on emerging-market countries.
en.wikipedia.org...
Noted as an economic forecaster, as early as 2005, Roubini wrote, "'home prices were riding a speculative wave that would soon sink the economy.' Back then the professor was called a Cassandra. Now he's a sage."
In September, 2006, he announced to a skeptical International Monetary Fund (IMF) that an economic crisis was brewing. "In the coming months and years, he warned, the United States was likely to face a once-in-a-lifetime housing bust, an oil shock, sharply declining consumer confidence and, ultimately, a deep recession," according to the New York Times. He accurately foresaw "homeowners defaulting on mortgages, trillions of dollars of mortgage-backed securities unraveling worldwide and the global financial system shuddering to a halt," the NY Times even labeling him "Dr. Doom." In hindsight, IMF economist Prakash Loungani has called him "a prophet," and the vice chairman of AIG said "Roubini was intellectually courageous, and he called the shots correctly."
Because his descriptions of the current economic crisis have proven to be accurate, he is today a major figure in the U.S. and international debate about the economy. Prospect Magazine in January, 2009, voted him #2 on its "list of the world’s 100 greatest living public intellectuals." He has recently appeared before Congress, the Council on Foreign Relations and the World Economic Forum at Davos. Having become a sought-after adviser, he spends much of his time shuttling between meetings with central bank governors and finance ministers in Europe and Asia."
China is about to experience a massive boom.
How can this be, you ask? China has too much capacity relative to domestic demand; as foreign (export) demand falters, China's overcapacity will cause massive layoffs, workers will lose their jobs in factories and will have to return to their homes in the countryside in vast numbers causing a collapse in the real estate bubble dependent cities that were built on the back of the export boom.
--
So where is the boom you ask? Right on the surface. On the land, that is. Because China just created a new set of regulations allowing farmers to, get this, sell their land! Now in China, all land for almost the entire period that the Communist party has been in power has been owned by the party. All land belongs to the state, city dwelling apartment owners can rent land for seventy years. Rural people are allocated land by local party and government (sort of the same thing in what is effectively a one party state) officials in their villages for fixed periods of time. There is no private ownership of land. Period. Especially rural land.
seekingalpha.com...
Poll: Most Economists Say China to See Recovery in 2009 2009-02-06 13:32:46 Xinhua Web Editor: Hu Weiwei 92 percent of the economists polled believed China's economy will recover from the global financial crisis in 2009, backed by the government's four-trillion-yuan stimulus plan.
english.cri.cn...
Originally posted by deltaboy
This will teach Obama not to have imperialist ambitions in the South China Sea that belongs to China. Good job China!!! Obama is a warmonger!
Originally posted by sadchild01
also IMF is confident that China is in no recession
Originally posted by sadchild01
Secondly, Startfor[sic] is no good source
Originally posted by sadchild01
Mr. Roubini's credentials seem to indicate that he could be right
seekingalpha.com...
the world's premier economic analyst, Nouriel Roubini of the RGE Monitor doesn't just say that China won't grow in 2009. He claims that China is already in a recession, despite statistics to the contrary.
seekingalpha.com...
A small article in Friday’s China Daily reported a startling number that revealed the true depths of China recession - giving investors pause for any near-term recovery in the country’s blistering economic growth of years past. An estimated 600,000 migrant workers have left China’s southern Guangdong Province due to unemployment in 2008, the China Daily said. Most of these people are migrant workers who left their farms for higher paying jobs in factories. Now, Guangdong Province Vice Governor Huang Yunlong says that the financial crisis has brought Guangdong “the most difficult year after the 1998 Asian financial crisis,” as he was quoted in China Daily.
Reuters reported that China could face “surging protests and riots in 2009 as rising unemployment stokes discontent” after an article appeared in the state-run Outlook Magazine, issued by the official Xinhua news agency.
This could be the tacit message from Beijing that it is bracing for major unemployment riots as tensions rise over diminishing jobs and pay checks.
The riots could result from a culture clash as seven million freshly graduated college students vie for factory jobs with an estimated 10 million rural migrant workers.
As we have seen in the past, China’s irons fist and systematic bribery have contributed to a sense of stability that has attracted one of the high rates of foreign direct investment in the world.This valuable façade could easily crumble in the wake of a widespread insurrection by the millions of unemployed.
So while investors who like China survey the landscape through the lens of the global recession, they should also be ready for a whack to their portfolio from the angry masses.
Originally posted by sadchild01
Most Economists Say China to See Recovery in 2009
Poll: Most Economists Say China to See Recovery in 2009 2009-02-06 13:32:46 Xinhua Web Editor: Hu Weiwei 92 percent of the economists polled believed China's economy will recover from the global financial crisis in 2009, backed by the government's four-trillion-yuan stimulus plan.
english.cri.cn...