China Offers To Buy Greek Debt

reply to post by SpartanKingLeonidas


Actually Greece was a little economic with the truth when it came to what sovereign debt it had when it joined the Euro in 2001. Their past experiences with inflation and devaluation have not been good. Currency is only part of the problem.

As for Communism marching through the streets of Europe. Well, considering the fine mess Capitalism has got us in, I am open minded!

reply to post by LarryLove


Capitalism is not to be blamed over Communism.

Capitalism is nothing but greedy men making decisions.

Communism is forcing people to concede to your decisions or be shot.

As for Greece, the country has always been rife with politicians manipulating, money or otherwise.

Just like most other countries.

Greece has always been weak to betrayal from within.

And America was formed after both Ancient Greece and Ancient Rome.

Senate from Rome and many states from Greece, except Greece called them nation-states.

Is it any wonder Greece is going through the same exact issues we are here in America?

I think not.

Symmetry through collapsing economies.

While America ushers in the North American Union, Greece is burning to the ground.

Symbolically this means Greece is finished and so are states rights here in America.

Once Obama gets done with our country and China buys Greece's debts.

Bush started our mess and Obama is the mop-up man.

reply to post by SpartanKingLeonidas


We can agree to differ on the definitions of communism and capitalism, but capitalism and our desire for more has crippled our national identities and made us slaves to consumerism. I believe we are seeing the final stages of a shift in global dominance from the West to the East and who knows, it might just work.

Originally posted by bowlbyville
Wouldn't it be interesting if multiple countries get China to buy their debt and then, once a whole bunch of countries realize that there's only one country that holds their debt, they all default simultaneously. That might be precursor to WWIII.

Nice thought, but doubtful this would ever happen, Chinese are too smart to put themselves in this position.

However, if China, Saudi Arabia, and the EU were to each dump the $1 TRILLION of hard currency US dollars that they are EACH suspected of holding onto the currency market at the same time, the US economy would collapse overnight.

If they did this at the same time that OPEC decided to reposition oil prices in Euros instead of US dollars, the USA is done for, very, very quickly.

reply to post by LarryLove


You realize what your definition and a shift from Capitalism towards Communism means?

Remember what Stalin, Hitler, and Hirohito did with Concentration Camps?

Those the current Administrations in "democratic" societies see as useless eaters will be eliminated.

That is how Communism will deal with problems.

Personally, I would rather see China collapse, and no one else be better than anyone else.

Since the "Russian Bear" fell, America has not had any real competition, and China is about the only country which can do this and while I certainlty do not see America as the best country in the world, I sure as Hell do not want to see China become the best.

The Art of War teaches us to beware of those who try to lull us through gracefulness and appreciation.

Because this is often an enemy hiding in the guise of friendship.

reply to post by SpartanKingLeonidas

The highest axiom of The Art of War is to win without firing a shot,the Chinese wrote the book and
may just pull that off economically.

reply to post by SpartanKingLeonidas


But you are talking about ideologies from the past which aren't relevant today. It could very well be argued that the West's idea of bringing democracy to the world, which has seen countless millions of innocent lives lost, is just as abhorrent as Stalin, Hitler etc. In fact, in very simple terms, the West has got it wrong. If China starts invading other countries under the guise of regime change, then call me out but at the moment the West is stuck in a religious war against Islam which is fueling our economies.

reply to post by anglodemonicmatrix


Very well said and if you don't mind, then I will be using that in conversations I have with people about China.

Originally posted by LarryLove
reply to post by SpartanKingLeonidas

 

But you are talking about ideologies from the past which aren't relevant today.

Are you trying to pull everyone's leg with that one?

Or are you serious?

reply to post by Fractured.Facade

Originally posted by Fractured.Facade
If that is the case with the US debt that China already owns, they can take TEXAS!

Can you imagine the loan star flag flying below a Chinese flag at the state capital?

The Lone Star State would be the last state in the union to fall under the wrath of Beijing.

reply to post by Fractured.Facade


I doubt the citizens of Texas would stand for such a thing!

Remember the Alamo!

Originally posted by tothetenthpower


So China is continuing it's buying up of foreign debt eh?

I see a very devious plan coming to light with China, if they continue this way, and end up owning most of the debt from other countries, it could become a world Super Power overnight.

Imagine if they started calling in those loans?

Another interesting fact:

China has a lot to gain from getting a foothold into Europe, Vagelis Agapitos, an economist in Athens specialising in investment, said.

"They [China] get a bargain in terms of buying into strategic industries, such as the port authorities, the railways and the logistic centre, which is important for the export of Chinese goods," Agapitos told Al Jazeera.

This effectively means that China can start slowly buying trade routes and continually expanding their influence in the global trade market.

Thoughts?

~Keeper


english.aljazeera.net
(visit the link for the full news article)

This is capitaslism, baby...

The student exceeds the master

Quite interesting. Certainly a different approach to the United States in empire building and conquering nations. Where as the Americans are stuck in violent conflicts, China quietly buys up the rest of the world.

reply to post by The Sword


You underestimate apathy, where have all of the cowboys, rebels and patriots gone?

If given a choice, each American can pay their share of the debt, or give up Texas, what do you believe the majority would do, especially after members of congress, the white house the media, CBS, CNN, ABC, MSNBC, NBC etc all explain how this is the right thing to do, the right thing for America? China can be our partner in remaking America and the advancement of the progressive agenda. Its a good thing, really!

Originally posted by anglodemonicmatrix
reply to post by SpartanKingLeonidas

 

The highest axiom of The Art of War is to win without firing a shot,the Chinese wrote the book and
may just pull that off economically.

I do know the Art of War intimately.

The premise you are speaking of is quite a bit deeper than that.

It is use your enemies weapon against them, make them get themselves killed, through their actions.

If they are huge and you are small, use your mobility to outflank their lack of maneuverability, the Vietcong did that well against America during Vietnam.

If they are small and you are huge, use your overwhelming firepower and troop movements to overpower your enemy.

If your opponent over-extends themselves with a thrust of the sword, use their momentum, to throw them off balance, take their weapon and have no mercy unless they would be useful elsewhere.

Yes, China and Sun Tzu perfected the Art of War, and I have used each of those tactics in my lifetime.

My latest one was to "kill" my enemy without lifting a finger and let them "kill" themselves through ignorance.

No one died but they did lose through fighting against myself and wasted many years of their time.

I realize China knows the Art of War a bit more intimately than Greece but I still say they should not bow.

Originally posted by LarryLove
reply to post by SpartanKingLeonidas

 

But you are talking about ideologies from the past which aren't relevant today. It could very well be argued that the West's idea of bringing democracy to the world, which has seen countless millions of innocent lives lost, is just as abhorrent as Stalin, Hitler etc. In fact, in very simple terms, the West has got it wrong. If China starts invading other countries under the guise of regime change, then call me out but at the moment the West is stuck in a religious war against Islam which is fueling our economies.

Every ideology is relevant today unless you do not know history repeats itself.

Ideologies never die, ever, they only change over decades and centuries due to societies changes.

And the change is more a fluctuation through societal interpretations with different leaders present.

One side goes to one extreme in the definition of the ideology and the other in extreme to the polar opposite.

If you do not know this then you do not know anything about this topic at all.

No offense meant but you sound naive and uninformed.

And yes, I agree, the West "brings democracy" is a bogus claim, they bring the Hegelian Dialectic.

Through Hegemony to conquer using false diplomacy.

We did not go to Iraq to overthrow Saddam Hussein but to go directly after the oil there.

Again though, Communism is equal to the Police State, without lying to the populace as much as Democracy.

You just see the Secret Police before they come and everyone shuts up quicker with Communism.

Communist China is doing nothing except buying countires debts in order to spread their ignorant policies.

Because their products are crap and no one will buy them unless they owe China.

Originally posted by Exuberant1

Originally posted by LarryLove
reply to post by SpartanKingLeonidas

 

But you are talking about ideologies from the past which aren't relevant today.

Are you trying to pull everyone's leg with that one?

Or are you serious?

I seriously wondered that myself.

It's nice to see you around as we haven't posted on the same thread in a while.

Thoughts on anything I've said up until now?