Posted on 12/13/2013 2:57:59 AM PST by markomalley
Agreed. The Philippines wants to defend their territory, and I believe they can be effective, IF they have the means.
We don’t farm anymore either and that’s a sign of prosperity. At the turn of the last century 40% of employment was on farms now it’s down to 3% and no one is starving. That’s an improvement. Do you see it now?
I can partially agree with that, but, there is a big problem in that likely as not, the Chinese are going to steal your invention and sell it all over the world -- if you depend on exports or licensing to export markets to any degree, you are in trouble. (Been there, done that.) Attend the 2014 Consumer Electronics Show if you have any doubt, although these days, there's no shortage of Asians stealing from other Asians. :-)
A huge problem in the U.S., today, is the difficulty of a company with a good idea getting "over the hump", so to speak. That is, if one is really small, you can more or less fly under the radar, and if big, can participate in crony capitalism, but unless you have a truly "hot" idea, like FaceBook or YouTube, and especially for new manufacturers, that middle ground is tough, tough territory to succeed in.
Also, as has been pointed out, we farm like crazy today. We just don't need a lot of people to do it -- which is true in many other areas as well. Even if a lot of manufacturing of "widgets" came back to the U.S., it'd be highly automated and relatively few jobs would be created. So, a different solution is needed.
Sorry you had a bad experience. I've gotten my money's worth. And let me know when you find an automobile (or bicycle, for that matter) that doesn't depreciate.
That ChiCom sub probably had a USN attack sub right on its tail the whole time and nobody knew it. As it should be...
So, war (which--to reiterate--I am not advocating) would necessarily cause the American economy to "shrink dramatically"--so much so, in fact, that its currency would become essentially worthless?
I do not believe this happened as a result of WWII. Or as a result of WWI, prior to that. Or as a result of any other war in which the US has participated...
The revolutionary war was highly inflationary as the “continental” became nearly worthless. Confederate currency became worthless during the civil war. WWII was highly inflationary. Vietnam war was also highly inflationary.
Money is a piece of paper that entitles the bearer to some piece of the economy. During war, the non military economy shrinks. So unless you want to buy a tank or a fighter jet, there is more money around and less to buy.
Seems they’re looking for a fight, or to humiliate limp-wrist. Dangerous to count on a wimp backing down in public. Sometimes, the wimp does something stupid to save face, like blow up the world.
The small suipde chinese vessel was more maneuverable. Why were no warnong shot sent out? Why did we risk ourselves?
i see your logic. We have to let China demoralize us and lay down.
Free trade? Nice. Tell that to the guys working hard labor in Laogai camps. If it is so great, why dont you join them?
No, you don’t understand a single word I said…..and your conclusion was just blitheringly foolish and meaningless.
BTW, a newsflash for you…we do not RUN china. We cannot change their internal politics. The world will react to it, and they are merely reacting to us. We can however change oursleves to the point that what China does won’t matter a bit.
But again, you would be considererd an abject fool by every great conservative economist in history…….
This is speculation. A war would assure Chinese unity... much more important than US bonds.
Also if a car corner lot dealer cares not economically in screwing over a customer, why would a military style dictatorship worry about economic consequences the way we do? They do not have balance of powers n political issues to bar them from that... in fact it is their prime motivation to rule and bypass UN like politics altogether.
Last but not least, the current relationship framework of trade with Xhinanis just that, relationships, very fleeting. These people switch sides with the strong. These relationships hinge on control of such by their dictat and aim to destroy the current capitalist free trade constructs and deals we have with other healthy competitors like Taiwan.
What free trade indeed.
We cannot we cannot is all we hear from you. Happy and demoralized you seem. Suits you not me. If you think for one second they are out to carry their fair share of burden on the cross, you are deluded.
These people believe they are an advanced race much akin the Nazis believing they were purer than us.
you are making zero sense, and can’t read either.
We CAN change our own liberal policies, and if we do, our economy will rock and roll regardless of what China does. THATS NOT DEFEATIST you dope. That’s American optimism.
But dude, we DO NOT RUN CHINA….WE DO NOT VOTE IN CHINA…WE DO NOT HAVE THE ABILITY TO CHANGE THEM INTERNALLY. THAT IS NOT DEFEATIST…THATS REALISTIC.
But we don’t have to. You guys are the defeatest sino phobes just obsessed with China. My whole point is that America’s problems are American made, and the solutions are too….
And I also know that economics are not a zero sum game. You have the liberal disease of thinking it is. That, and 3rd grade reading comp.
I read about this incident last week, and I figured then that the Cowpens was maneuvering aggressively to get inside the Chinese screen so they could get some pics of the Laoning. Now, we didn’t like that very much when the Russians did it during my Navy time, I doubt the Chinese would like it very much either.
These are certainly not the most recent examples available, as regarding what happens when America goes to war.
In any case, whereas Confederate currency became "worthless," indeed--what else might be expected, considering the outcome of the Civil War?--US currency certainly recovered.
So the question remains: If WWI and WWII did not "destroy [the] western monetary system" and/or destroy "capitalism in general," why should one suppose that some future war would do so?
Retired USAF here. I echo every one of your observations. Unfortunately. it also looks like the rot is making its way down the chain of command.
Thumbs up on your tagline too!
The western monetary system during ww1 and ww2 was based on gold and the USA had the most and also produced the most.
Not true now.
Plus, in ww1 and ww2, the usa suffered very little damage on their home turf.
that won’t be the case in ww3.
Not true now.
Well, we were on the gold standard during WWI.
Since FDR took us off the gold standard, however, this was not the case with WWII.
Plus, in ww1 and ww2, the usa suffered very little damage on their home turf.
that won’t be the case in ww3.
How can you be so certain that any war between the US and China would be a world war?
China is running us and bullying the world.
It is like with Islam. You cannot let these people in unless they give equivalent access to us. It is like fighting for freedom of speech by importing repressionist islam. It makes no sense. It is not free trade.
Helping them raise funds for their militaries by giving them access to US market is suicide. We certainly can stop that. And if we are doing good business with Japan, it cetaiy behooves on us to pay attention to China interfering with that.
Chinese colonization is a fact.
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