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Originally posted by SweetT
I've read about their massive housing bubble, and their huge ghost cities that noone can afford to live in. Interesting. My friend is Chinese and went there just last yr, had been gone for 14 yrs but went to see relatives. He was in shock at the amount of money and wealth that his friends and family had acquired since he was last there. And the amount of privately owned vehicles, which they do the registering of so that you can drive them on an auction type basis, the highest payer wins the right to be able to drive their car..registar it. But like I said he was in shock at their new wealth.. When he left he said everyone was so poor. 14 yrs is not that long of a time for such huge changes if you think about it. I told him then when he left to get his relatives to let him buy some Yuan as it will make him rich, he is thinking about doing it.
Originally posted by Thrax
Waiting for earthquake in China....caused by HAARP of course.
Originally posted by sonnny1
1,331,460,000 Chinese people.Nearly 60% of soybean production goes to China.These people can talk economic sanctions all they want. They can keep their money,and eat it also,because if it really gets ugly,embargoes of necessities will happen,along with huge tariffs on what China needs.
Can the United States feed China?
Americans know economic collapse is inevitable.What the Chinese dont know is how its going to feed its people once we go down.
Originally posted by Pervius
Ahhh....Mainland China figured out France's hustle.
France sold Taiwan some military frigates. Later on there was a Taiwan Court that said France illegally "bribed" people and fined France almost $1 Billion. It was merely a technicality so France can keep trading with Taiwan "to pay off its debt"....express ship almost $1 Billion in military hardware.
"To pay its debt".
Germany just a few years ago supported the "One China" policy.....not anymore. They're on the band wagon now as well to rip Taiwan from China.
US/Europe/Russia all will gang on China and repeat the Boxer Rebellion. All will force China to pay "reparations".
If you study history, it repeats itself.
Originally posted by SweetT
reply to post by Hanslune
Well this is true, but since Hillary Clinton went to China in 09, she made them promises that we will have to keep, and that includes imminent domain if we are not able to pay them back, this is the stipulation that keeps them buying US treasuries..It is not talked about in MSM. But she had to do this to keep them buying. This is what they dont want you to know.
One other thing, they know if the US money is no good or is only worth 10 cents on the dollar, they will lose money, this is why they had to have a guarantee from the US that they would pay back at the rate they want. This will cause us many heartaches if the debt is not paid back to them on their terms. We will lose vast expanses of land, cities, businesses etc.edit on 20-9-2011 by SweetT because: (no reason given)
Originally posted by sonnny1
reply to post by vedatruth
China's ability to feed a fifth of the world's population will become tougher because of land degradation, urbanisation and over-reliance on fossil-fuels and fertiliser, a United Nations envoy warned today as grain and meat prices climbed on global markets................
China's ability to feed its people questioned by UN expert Shrinking arable land making it harder to maintain agricultural output, says Olivier De Schutter, as food prices rise in China
China needs to reduce food production on its dry northern plains or aquifers will diminish to a "dire" level in 30 years, one the country's leading groundwater experts has warned.
"The water situation in the North China plain does not allow much longer for irrigation," Zheng said. "We need to reduce food production even though it is politically difficult. It would be much more economical to import."
The government will be reluctant to accept such a radical step, which could weaken the country's ability to feed itself. But it may not have a choice.
China told to reduce food production or face 'dire' water levels Food must be imported and water use tightly regulated to protect dwindling supply, a leading groundwater expert has warned
China may not be able to meet sharply rising food demand from its domestic resources, a senior Chinese agriculture official said, indicating room for further growth in imports.
China Sees Food Need Rising
Good luck eating T-Bills.................
Originally posted by sonnny1
reply to post by vedatruth
I am saying due to the cheap labor,and the way they have destroyed their land,for economic bliss,in the end they stand to lose more then the US. Have you seen pollution in China? Have you seen the haves and the have nots? The US can produce enough food for itself.China is importing its food,and will have to because of it .I gave links to support it. They cannot support their populace,Period,without help. It will get worse in China.They have had MASS starvation in the past.Yes,they have survived,but I could see embargo's,and tariffs put in place,as the US is already going to do,on smaller levels.
Originally posted by vedatruth
I think you should study WTO more.
Originally posted by sonnny1
Originally posted by vedatruth
I think you should study WTO more.
We can produce EVERYTHING we need in the USA,what do we actually need from China?
Trinkets ?
Even more to end NAFTA,CAFTA,and most favored nation status to China. America needs to stop worrying about new gadgets,creditcards,and live within its means.We need a Wake-up call. .End ALL wars.That would save the US,a bunch of money.