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Originally posted by Sean48
The only country that sees War as a Stimulus package is the US.
Originally posted by Jakes51
China's hawks demand cold war on the US
www.timesonline.co.uk
Since when do we listen to this kind of propaganda BS?
MSM has an AGENDA - don't you anyone ever forget that!
Originally posted by Mdv2
Who do you think would replace China as the number one foreign lender? The few powers capable have their own economic problems or are unwilling to do so. China has already made the decision to keep the limit at around $800 billion and does not further increase this, whereas the US continues to spend more and more.
What do you think will happen to the global perception of America? It will strengthen the tendency that the US is incapable of ever paying off its debts, which will put downwards pressure on the US Dollar. Eventually, the credit rating of the US will be
downgraded with the result that borrowing becomes more expensive.
Once all the trust is gone, the US will effectively be bankrupt. Although China's investment is huge, it would in such a situation remain a huge loss, nothing more. For the US, on the other hand, it would be catastrophic and lead to great chaos on stock markets.
China is definitely unhappy with its loss on its US investment and finds itself in between a rock and a hard place, but the US certainly does either. If I would have to choose which of them is worse off, I'd undoubtedly choose the US.
Originally posted by Iamonlyhuman
Originally posted by Mdv2
Who do you think would replace China as the number one foreign lender? The few powers capable have their own economic problems or are unwilling to do so. China has already made the decision to keep the limit at around $800 billion and does not further increase this, whereas the US continues to spend more and more.
What do you think will happen to the global perception of America? It will strengthen the tendency that the US is incapable of ever paying off its debts, which will put downwards pressure on the US Dollar. Eventually, the credit rating of the US will be
downgraded with the result that borrowing becomes more expensive.
Once all the trust is gone, the US will effectively be bankrupt. Although China's investment is huge, it would in such a situation remain a huge loss, nothing more. For the US, on the other hand, it would be catastrophic and lead to great chaos on stock markets.
China is definitely unhappy with its loss on its US investment and finds itself in between a rock and a hard place, but the US certainly does either. If I would have to choose which of them is worse off, I'd undoubtedly choose the US.
What you are forgetting is that military power and economic power go hand in hand. It is all intermingled. The U.S. is strong militarily where China is strong (kind of) economically - but only IF debtors pay their debts. You cannot separate military might from economic might in analyzing world politics. Why do you think that the U.S. has not reduced military spending in these economic times? Because it is the big "stick" they have. China's "stick" is the fact that the U.S. and most of the world is indebted to them. Yes, they have a military but I don't see anyone arguing that they could go up against the U.S. military and win. On the other hand, the U.S. does still have an economy - one that would benefit from war with China.
As far as the global perception of the U.S. goes, as long as the U.S. has the big stick, our allies, although they may not like it privately, will go along with it. What choice do they have? The Middle East may have a different reaction but they already do.
I know I hate thinking this way, I really do just want us all to get along, but you asked and the reality in the current world is that TPTB DO like war and money.
[edit on 7/2/2010 by Iamonlyhuman]
Originally posted by DOADOA
son, i know exactly what you're trying to say. you are saying china is no match for us in a war. i would agree 10 years ago, but after vietnam and iraq, i just don't know. our military looks good in movies but if you can't beat men in straw hat and black pajamas, your fate is obvious.
Originally posted by InfaRedMan
China would loose a cold war against America IMHO. The way I see it is China needs natural resources (coal gas etc) from the free world to feed their rapidly expanding middle class. They also rely heavily on trade. Cold war trade sanctions would put an end to all of that real quick and China would fall in a heap.
IRM
[edit on 7/2/10 by InfaRedMan]
SYDNEY (AFP) – Australian miner Resourcehouse said Saturday it had signed a 60-billion-US-dollar coal deal with energy-hungry China, calling it the country's "biggest-ever export contract."
Originally posted by truthseeker1984
In the words of Dennis Leary: "We've got the bombs, ok? Nuclear f**king weapons!"
I don't know if a Cold War would be feasible for either party simply because of the fact that the US and China have developed almost a symbiotic relationship. If we stopped buying Chinese goods (crap), the Chinese economy would sink, whereas if they stopped exporting to the US, once again, we'd both be sunk, so I think it's a lose-lose situation.
Originally posted by December_Rain
Originally posted by truthseeker1984
In the words of Dennis Leary: "We've got the bombs, ok? Nuclear f**king weapons!"
US is not alone, many countries have them.
I don't know if a Cold War would be feasible for either party simply because of the fact that the US and China have developed almost a symbiotic relationship. If we stopped buying Chinese goods (crap), the Chinese economy would sink, whereas if they stopped exporting to the US, once again, we'd both be sunk, so I think it's a lose-lose situation.
US is already broke and it's citizen morale is low due to war except few neo conservatives who still drool over Bush. American army is engaged in different places around the world. China is not in any war, it has all the required military power at home.