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Originally posted by Hallberg Rassy
lets talk about REAL threats;
the largest spy system in the world exists in the USA, its named Echalon
Before anyone goes on a rant,
Originally posted by ProtoplasmicTraveler
reply to post by airteck
They probably just noticed the "For SALE - Going out of Business" sign on the ship. They were just the repo crew checking in on their property.
I never liked that ship anyway!
Seriously you are right. We would do the same to any vessel straying too close to our waters. The question is, is why is the MSM reporting it so quickly.
I read Military.com's newsletter everyday to stay relatively informed on the Military and there was no mention of it in today's newsletter.
It was 33 minutes old on CNN when I tagged it, but it had to have happened hours ago because of the time difference and it occuring during daylight.
The MSM wants us to know about this, badly, and quickly, why?
Originally posted by yellowcard
Originally posted by sadchild01
reply to post by Curio
[edit on 9-3-2009 by sadchild01]
You have never even been near a ship have you? I agree with the previous poster, I'd like to see them do that to a carrier group, probably the safest place in the entire world is on a U.S. super carrier. The U.S. is the largest manufacturer in the entire world...call me when China's economy no longer consists of making plastic toys, and is mostly dependent on exports to the West. I'm contempt with America, I don't agree with the money they are currently spending, and a lot of other things they are doing; but if China won't buy out debt, someone else will. If The U.S. put up a trade embargo against China, China would be on it's knees begging for the lift. Them holding our debt does not at all make them more powerful than the U.S., Japan, the EU, and tons of nations own our debts. If they stop buying the debt then they will suffer massive losses on it, then all their currency reserves would be worthless. Read up sadchild.
[edit on 9-3-2009 by yellowcard]
If they stop buying the debt then they will suffer massive losses on it, then all their currency reserves would be worthless.
But Asia now understands that the increase of money supply decreases the intrinsic value of a currency. That is why China is seeking a possible and rational attempt to decouple Asian currencies from the dollar, as recent news stories report [1]. In practice, China is trying to make its currency convertible and give it a role as a reserve currency. The first experiment is limited to transactions between Hong Kong and the neighboring provinces. It is also proposed that the yuan renminbi be used in 8 neighboring countries, including Russia. With these countries, agreements have already been signed for the settlement of contracts in the Chinese currency. Perhaps it is no coincidence that the news was released on Christmas Day, when Western markets are closed, reducing the impact on the dollar. In addition, the first weeks of January are usually fairly quiet. This means that although for now the trial is limited, China is preparing to establish full convertibility of its currency to all other currencies. Many in China have spoken out directly or indirectly in this regard: for example, Wu Xiaoling, former vice governor of the central bank, and Zhao Xijun, a professor of finance at Renmin University of China. The current governor of China's central bank, Zhou Xiaochuan, in early December in Hong Kong had indicated that if the value of the dollar fluctuated drastically, its use as a settlement currency (for commercial transactions) would cause problems. It is clear that Chinese exporters, behind the scenes, are asking the government for permission to charge in yuan instead of dollars, which are losing value. Other warnings came in the middle of last December: the increase in purchases of U.S. Treasury bonds should not lead to the supposition that the U.S. can borrow its way out of the financial crisis [2]. Finally, on January 1, a well-known Chinese economist, Wu Jinglian, wrote that China must change its development model [3], with reference to the paradigm of economic growth driven by exports. We note, incidentally, that even the pope, who obviously has mainly pastoral responsibilities, has said the world must change its model of development [4] ("Are we are prepared to conduct together an in-depth review of the dominant development model, to correct it in a comprehensive and forward-looking way?" Benedict XVI asked).
www.asianews.it...
he U.S. is the largest manufacturer in the entire world...call me when China's economy no longer consists of making plastic toys, and is mostly dependent on exports to the West.
I agree with the previous poster, I'd like to see them do that to a carrier group, probably the safest place in the entire world is on a U.S. super carrier.
Originally posted by sadchild01
lol, China could easily ruin USA by nationalising all american industrial and commercial assets in China , costing USA in magntude of trillions
no problemo , china will simply nationalize all the american industrial assets in China and its allied nations ,this will be worth trillions and will assure that USA ceases to be a developed nation
Originally posted by SLAYER69
Originally posted by sadchild01
lol, China could easily ruin USA by nationalising all american industrial and commercial assets in China , costing USA in magntude of trillions
no problemo , china will simply nationalize all the american industrial assets in China and its allied nations ,this will be worth trillions and will assure that USA ceases to be a developed nation
That goes both ways
They may never get their money back
If nobody buys anything Chinese made their people don't eat
I like your post
Get real!
If China and the US don't work "Together" Nobody is going to recover economically and those billions of Chinese will be stuck eating all the garbage they make for Walmart instead of food
That goes both ways They may never get their money back If nobody buys anything Chinese made their people don't eat I like your post
If China and the US don't work "Together" Nobody is going to recover economically and those billions of Chinese will be stuck eating all the garbage they make for Walmart instead of food
Originally posted by sadchild01
[edit on 9-3-2009 by sadchild01]
China knows it and is taking steps and diversifying , you should have read some of my former post you ignorant sheeple
firstly exports are 8-10% of chinese gdp...
of what ? weapons,war,porn
its industries of manufacturing have been largely outsourced to China , nowadays advanced systems for your nation defence components are made in China , Check WND , theres a good article on that
a lot of consumer electronics is china made,
[edit on 10-3-2009 by sadchild01]
[edit on 10-3-2009 by sadchild01]
[edit on 10-3-2009 by sadchild01]
America remains the world's leading manufacturer of goods
February 16, 2009 @ 10:10 PM
STEPHEN MANNING
The Associated Press
WASHINGTON -- It may seem like the country that used to make everything is on the brink of making nothing.
In January, 207,000 U.S. manufacturing jobs vanished in the largest one-month drop since October 1982. Factory activity is hovering at a 28-year low. Even before the recession, plants were hemorrhaging work to foreign competitors with cheap labor. And some companies were moving production overseas.
But manufacturing in the United States isn't dead or even dying. It's moving upscale, following the biggest profits, and becoming more efficient, just like Henry Ford did when he created the assembly line to make the Model T.
The U.S. by far remains the world's leading manufacturer by value of goods produced. It hit a record $1.6 trillion in 2007 -- nearly double the $811 billion in 1987. For every $1 of value produced in China's factories, America generates $2.50.
So what's made in the USA these days?
The U.S. sold more than $200 billion worth of aircraft, missiles and space-related equipment in 2007. And $80 billion worth of autos and auto parts. Deere & Co., best known for its bright green and yellow tractors, sold $16.5 billion worth of farming equipment last year, much of it to the rest of the world. Then there's energy products like gas turbines for power plants made by General Electric, computer chips from Intel and fighter jets from Lockheed Martin. Household names like GE, General Motors, IBM, Boeing, Hewlett-Packard are among the largest manufacturers by revenue.
Several trends have emerged over the decades:
America makes things that other countries can't. Today, "Made in USA" is more likely to be stamped on heavy equipment or the circuits that go inside other products than the TVs, toys, clothes and other items found on store shelves.
U.S. companies have shifted toward high-end manufacturing as the production of low-value goods moves overseas. This has resulted in lower prices for shoppers and higher profits for companies.
When demand slumps, all types of manufacturing jobs are lost. Some higher-end jobs -- but not all -- return with good times. Workers who make goods more cheaply produced overseas suffer.
The U.S. sold more than $200 billion worth of aircraft, missiles
computer chips from Intel and fighter jets from Lockheed Martin
U.S. companies have shifted toward high-end manufacturing as the production of low-value goods moves overseas. This has resulted in lower prices for shoppers and higher profits for companies.
At the same time, workers are streamlining the wing assembly for the 737, the company's best-selling commercial plane, said Richard McCabe, a wing line mechanic for 10 years and former Machinists union shop steward.
McCabe said there was a lot of initial resistance on the shop floor, but Boeing's increased outsourcing -- including wing production for the new 787 to Japan -- helped change workers' minds.
Originally posted by sadchild01
China can pull itself out of it ,
China can give fiscal stimulus to save itself and increase consumption ,
The American economist Nouriel Roubini said growth figures of 6.8% in the fourth quarter of 2008 masked the reality that China was already in recession – a view privately shared by many Chinese financial analysts who dare not say so in public....
*All along the coast, angry workers besieged labour offices and government buildings after dozens of factories closed their doors without paying wages and their owners went back to Hong Kong, Taiwan or South Korea.
*In southern China, hundreds of workers blocked a highway to protest against pay cuts imposed by managers. At several factories, there were scenes of chaos as police were called to stop creditors breaking in to seize equipment in lieu of debts.
*In northern China, television journalists were punished after they prepared a story on the occupation of a textile mill by 6,000 workers. Furious local leaders in the city of Linfen said the news item would “destroy social stability” and banned it....
The odd thing about China’s massive four trillion yuan ($586 billion) economic stimulus package is that it is not using purely taxpayer money. Instead the vast majority of the funds are to come from taxpayer bank deposits. The Chinese central government announced last November that the central government will directly fund only about a quarter of the four trillion yuan ($586 billion) economic-stimulus package. The rest of the funds are expected to come from bonds issued by the local governments, bank loans and the private sector. In 2005 Ernst & Young issued a report stating that the bad debts in the Chinese financial sector exceeded $900 billion. The report was hotly disputed by the Chinese government and withdrawn by Ernst & Young. Despite that it was most likely true. Over the past few years Chinese companies especially state owned companies with little or no corporate governance oversight have been acting in ways that would make a Wall Street banker blush.
The hard economic times compounding China’s already-delicate social balance have prompted Beijing to resort to centralizing tactics because it does not know what else to do to ensure that economically distressed masses remain under Party control.
Last week the International Monetary Fund predicted that the Chinese economy would grow by 6.7% in 2009. They had earlier predicted that Chinese growth would be 8.5% in 2009. Back in November, the World Bank predicted that China would grow by 7.5% in 2009.
Meanwhile, 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.
Originally posted by SLAYER69
I guess that's the Chinese version of Shock and awe!
BEIJING, China (CNN) -- A U.S. surveillance ship violated Chinese and international laws during patrols more than 100 miles (160 kilometers) off the Chinese coast over the weekend, China's state-run media reported Tuesday.
"China has lodged serious representations with the United States, as the USNS Impeccable conducted activities in China's special economic zone in the South China Sea," said Ma Zhaoxu, a Chinese Foreign Ministry spokesman. "We demand that the United States put an immediate stop to related activities and take effective measures to prevent similar acts from happening."
Originally posted by Mainer
reply to post by ProtoplasmicTraveler
The report also said that the U.S. ship was unarmed. Somehow I disbelieve this.
Originally posted by SLAYER69
The USNS Impeccable sprayed one ship with water from fire hoses to force it away. Despite the force of the water, Chinese crew members stripped to their underwear and continued closing within 25 feet, the Defense Department said.
Stripping down to their underwear
I guess that's the Chinese version of Shock and awe!