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Getbig Main Boards => Politics and Political Issues Board => Topic started by: OzmO on March 16, 2007, 12:45:13 PM
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BEIJING (AP) - Premier Wen Jiabao promised Friday to make China's authoritarian political system more accountable to the people and sought to allay concerns about the country's rising military power.
here's the rest of the story:
http://www.breitbart.com/article.php?id=D8NTF4900&show_article=1 (http://www.breitbart.com/article.php?id=D8NTF4900&show_article=1)
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China and Russia are going to be a handful in the coming years. In 2007 alone they've aligned themselves militarily and with Iran to the tune of 20 bil.
China owns a trillion dollars worth of US collateral (land) for our debt.
All it takes is for CHI/RUS to make friends with either the saudis (unlikely til bush leaves office), or the South American alliance (Hugo Sulfur) and they could stab us 3 ways at once.
1- China collects on its debt
2- China/Rus back Iran in upcoming (mar 28?) strike and help Iran beat us
3- They all hoard oil and stop selling to us.
We can't beat one billion chinese with nukes, Rus with nukes, Iran with WMD, in a war.
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thats why i keep saying we need to get India on our side
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thats why i keep saying we need to get India on our side
We need to start learning chinese. And do you honestly want someone like the shadow on our side? :-[
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We need to start learning chinese. And do you honestly want someone like the shadow on our side? :-[
no, the point being we can use their masses against china's masses when the big battle comes ;D
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no, the point being we can use their masses against china's masses when the big battle comes ;D
Well, currenly India and China are close. India sees us knee deep in sand in Iraq and potentially in Iran in the near future, so I don't they are willing to jump on our bandwagon. If they're smart, which they are, then they'll play it cool with us and even cooler with China. In conclusion, I do not see them on our side to point where they would join us against China and Russia.
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no, the point being we can use their masses against china's masses when the big battle comes ;D
the "big battle" will be either a quick strike from space which takes out 500mil people, or an ethnic bug which kills non-whites.
we might use india's masses to manage the chinese refugees, sure.
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the "big battle" will be either a quick strike from space which takes out 500mil people, or an ethnic bug which kills non-whites.
we might use india's masses to manage the chinese refugees, sure.
;D now we're talking
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;D now we're talking
israel leaked info about it last year. something about a virus which is deadly to those with the brown pigment. could kill a billion muslims. would be used to sweep out the people disturbing our oil.
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israel leaked info about it last year. something about a virus which is deadly to those with the brown pigment. could kill a billion muslims. would be used to sweep out the people disturbing our oil.
IF that's true, it would make things alot more interesting. how long before some WP org gets ahold of the recipe and uses it?
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IF that's true, it would make things alot more interesting. how long before some WP org gets ahold of the recipe and uses it?
oh no. IF this shit is real as reported, it won't be lying around for some redneck prick to find. It'll be buried under 10 stories of steel until it's used, then we'll never know, there will just be a lot of people to die suddenly and they'll blame some avian flu or something.
This is all just speculation and crazy talk of course. No basis to believe it's real. it's something cool to think about tho, should some weird bug ever appear which eradicates one group but leaves us fine. Either way, i'm glad ot be on this side ;)
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oh no. IF this shit is real as reported, it won't be lying around for some redneck prick to find. It'll be buried under 10 stories of steel until it's used, then we'll never know, there will just be a lot of people to die suddenly and they'll blame some avian flu or something.
This is all just speculation and crazy talk of course. No basis to believe it's real. it's something cool to think about tho, should some weird bug ever appear which eradicates one group but leaves us fine. Either way, i'm glad ot be on this side ;)
seems you ways of thinking are clearing up a bit, glad to see that ;D
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seems you ways of thinking are clearing up a bit, glad to see that ;D
LOL... the way I see it, we do some awful shit, but the pricks on the other side of the pond would do the same thing if given the opportunity. The people that run the nations are evil, lying bastards. They have to be. Cause the nations run by good folks have all been attacked, conquered, and taken over by the bad guys.
IMO, space supremacy is the goal now, as the first nation who can effectively take out the other 2 super powers, will do it. They'll have to, as the others will do it when they can. That high energy phase weapon, that'll be the ticket. China's shooting down a satellite - calibrating their weapons to defend against it?
Doesn't matter. I'm betting our NY times will blame the "sudden massive blasts in moscow and beijing" on them attacking each other. CTers will sound "crazy" as they point out that the US was mobilizing men for the cleanup 8 weeks before, or putting so-and-so into orbit for the position where XYZ came from.
Whatever. It's gonna happen when it happens, none of us can stop it nor affect it. But it's a fun ride to watch!
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seems you ways of thinking are clearing up a bit, glad to see that ;D
and I still absolutely believe that 9/11 was a self-attack. Led by the neocons in the belief that 3000 dead in 2001 would prevent 300 million americans from being killed by chinese aggression after they secured mid east oil, in another 10 years when they cash in all the $ we owe them. Imagine, china - who already owns a trillion dollars worth of US lands and parks - deciding to fill it with a billion men, which they have to spare. We. be. Fucked.
So, cheney and gang decided a self attack would give us reason to invade 3 countries (and it has!), we'd tie up the oil enough to slow china's growth. The bases we're putting in afghanistan/iraq- perfect line, all in a row, facing china and ready.
so yeah. My thinking is very clear.
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and I still absolutely believe that 9/11 was a self-attack. Led by the neocons in the belief that 3000 dead in 2001 would prevent 300 million americans from being killed by chinese aggression after they secured mid east oil, in another 10 years when they cash in all the $ we owe them. Imagine, china - who already owns a trillion dollars worth of US lands and parks - deciding to fill it with a billion men, which they have to spare. We. be. Fucked.
So, cheney and gang decided a self attack would give us reason to invade 3 countries (and it has!), we'd tie up the oil enough to slow china's growth. The bases we're putting in afghanistan/iraq- perfect line, all in a row, facing china and ready.
so yeah. My thinking is very clear.
oh, nevermind....... :-\
;D
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i was not really serious about the India thing
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i was not really serious about the India thing
Good because I can't see myself marching with the shadow. :-\
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China and Russia are going to be a handful in the coming years. In 2007 alone they've aligned themselves militarily and with Iran to the tune of 20 bil.
China owns a trillion dollars worth of US collateral (land) for our debt.
All it takes is for CHI/RUS to make friends with either the saudis (unlikely til bush leaves office), or the South American alliance (Hugo Sulfur) and they could stab us 3 ways at once.
1- China collects on its debt
2- China/Rus back Iran in upcoming (mar 28?) strike and help Iran beat us
3- They all hoard oil and stop selling to us.
We can't beat one billion chinese with nukes, Rus with nukes, Iran with WMD, in a war.
Beating the Chinese doesn't mean nuking a billion people 240. It means destroying their means to wage war. Which we are very capable of doing.
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Beating the Chinese doesn't mean nuking a billion people 240. It means destroying their means to wage war. Which we are very capable of doing.
China has nukes, is growing their army at a scary pace, can shoot down the majority of US satelites should a conflict arise, and has a strategic partnership with Russia and now iran. We are dependent upon them for our own economy (they had a hiccup and the DOW dropped 400 points immediately - ouch!). Also, we owe them trillions of dollars, and they will take ownership of US roads and parks if we don't pay.
How are we capable of stopping their ability to wage war?
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China has nukes, is growing their army at a scary pace, can shoot down the majority of US satelites should a conflict arise, and has a strategic partnership with Russia and now iran. We are dependent upon them for our own economy (they had a hiccup and the DOW dropped 400 points immediately - ouch!). Also, we owe them trillions of dollars, and they will take ownership of US roads and parks if we don't pay.
How are we capable of stopping their ability to wage war?
Buy using an arsenal of weapons that is unmatched by any other country in the world by far 240.
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Buy using an arsenal of weapons that is unmatched by any other country in the world by far 240.
right now that's true, 20 years from now, if we are not careful, we will be dealing with a worthy rival.
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right now that's true, 20 years from now, if we are not careful, we will be dealing with a worthy rival.
True. This country will have its work cut out for it but we have all the ingredients to stay where we are.
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Buy using an arsenal of weapons that is unmatched by any other country in the world by far 240.
we have a great arsenal, definitely. but so do they and so does russia. If we lit up china, russia would fire on us. We know this, thanks to this new anti-US treaty they have. So now we know that in order to take out China, we have to automatically take out Russia first too. And Iran - their ally too. If you attack any one of these 3 now, you have the other 2 launching nukes/WMD on you. So you have to crush all 3 at once now, and first.
it's scary. They see that yeah, we are on a bit of a neoconservative mission to control the mid east. And they also know how valuable that oil is for the future.
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F China
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dude your search powers are superhuman lol
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China will implode at some point.
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China’s Digital Currency Threatens America’s Financial Dominance
The Federalist ^ | April 9, 2021 | Helen Raleigh
Posted on 4/9/2021, 11:57:44 AM by Kaslin
The greatest threat the digital yuan poses to the United States is that it endangers the international financial system America has led since World War II.The greatest threat the digital yuan poses to the United States is that it endangers the international financial system America has led since World War II.
Communist China became the first major economy to create a government-sanctioned digital currency — digital yuan. Such a move will significantly impact the great power competition between the United States and China and may reshape the dollar-dominated global financial structure forever.
When Xi Jinping, the Chinese Communist Party General Secretary, talked about returning China to a world superpower status, he always envisioned China’s currency (the yuan) would achieve a global reserve currency status akin to what the U.S. dollar has enjoyed since the end of World War II.
The American dollar’s dominance in international financial structure has given the U.S. government tremendous political leverage, allowing it to carry out sanctions against foreign government officials and nation-states such as Iran and North Korea by cutting them off from the global banking system. For example, the Trump administration sanctioned Hong Kong executive Carrie Lam for suppressing Hong Kong’s pro-democracy movement and for helping Beijing imposing its draconian National Security Law on the city’s more than seven million residents. As a result of the U.S. sanctions, Lam lost access to global banking services and has been forced to stockpile cash.
Beijing has long viewed the dollar’s dominance as a threat to China’s economy and the nation’s global ambition. Since the 2008 global economic crisis, Beijing has embarked on a decade-long effort to promote the Chinese yuan in international trades and finance, hoping to eliminate “the U.S. dollar’s monopolistic position,” and seeking to make the yuan achieve a status paralleled with China’s growing economic and political power. One such move was to convince other nations participated in China’s global infrastructure project — the “Belt and Road” initiative — to settle trades and investments with the Chinese yuan.
Yet, despite the Chinese government’s relentless efforts, the Chinese yuan currently accounts for only 2 percent of global foreign exchange reserve assets while the dollar’s dominance remains unchallenged. Close to 90 percent of foreign-exchange transactions entail U.S. dollars, and more than 60 percent of all global central-bank reserves are held in dollar-denominated assets. China’s digital yuan, however, presents a challenge.
The Chance to Upend America’s Financial Dominance
Cryptocurrency has been around since 2008 after a mysterious figure named Satoshi Nakamoto launched bitcoin based on “blockchain” technology. Bitcoin exists only online, can be transferred digitally, and is finite. Furthermore, it’s not subject to government regulations when traded or spent, and you don’t need a bank to use it. While all the bitcoin trades and transactions are public information and recorded on a public ledger, bitcoin users remain anonymous.
Since the Chinese government imposes strict capital control on its citizens, bitcoin quickly became popular among Chinese “netizens.” As such, Beijing initially regarded bitcoin as a threat to its authoritarian state. Soon, however, Beijing realized a cryptocurrency such as bitcoin might provide the key to unseating the U.S. dollar’s dominant position and reshaping the international financial system.
Amid the COVID-19 pandemic last year, The Chinese government rolled out a digital yuan pilot program in several of its most tech-savvy cities, including Shenzhen, Shanghai, and Beijing. About 100,000 Chinese citizens could download an app from the central bank and spend a small amount of digital yuan allocated to them on items such as a cup of Starbucks coffee. Since the pilot program was successful, China’s central bank felt confident enough to roll out the digital yuan to the entire country this year.
The Unique Threat of a Chinese Cryptocurrency
Like every western technology adopted by China, the Chinese government sinicized digital yuan with “Chinese characteristics.” First, while users of any other cryptocurrencies in the rest of the world do not need a bank’s involvement to trade or spend their digital cash, digital yuan users must rely on China’s central bank as the middle man. China’s central bank controls when and how many digital yuan will be issued.
Second, users of digital yuan won’t be anonymous. The biggest attraction of any cryptocurrency is the anonymity of its users, yet Beijing regards user anonymity as a severe threat to its authoritarian regime. Indeed, by stripping away user anonymity the digital yuan is poised to become another powerful tool within the Chinese government’s ever-expansive state surveillance system — the CCP will instantly know who is buying what and where.
China currently deploys over 600 million facial recognition cameras to monitor its citizens. Since 2020, the Chinese government rolled out a comprehensive national social credit system to assess individuals and businesses on everything from trash placement to tax payment. Individuals and companies will either be rewarded for government-sanctioned good behaviors or punished for what the government deemed destructive behaviors.
Chillingly, there are real-life consequences for those who “misbehave.” Most likely, they will be subject to a travel ban, unable to book flights or train tickets; they can’t own a pet; they are subject to public shaming and have to pay hefty fines. The digital yuan, for example, will enhance the social credit system by punishing destructive behaviors by collecting fines instantly or preventing you from spending money in your account.
According to the Wall Street Journal, the third distinctive feature of the digital yuan is that the “money itself is programmable. Beijing has tested expiration dates to encourage users to spend it quickly, for times when the economy needs a jump-start.” In other words, the government will force you to use your money in the name of stimulating the economy for the “greater good” by making your cash worthless after a certain deadline. No other cryptocurrencies nor paper money issued by any other central bank has such a feature, and the digital yuan is a powerful new tool for the Chinese government to control its people and its economy on a whole new different level.
Removing Economic Sanctions as a Foreign Policy Tool
The biggest threat the digital yuan poses to the United States is that it presents an alternative to the existing international financial system America has led for two generations. Individuals under U.S. sanctions will avoid suffering any financial pain by using digital yuan to access their assets thus rendering typical economic sanctions toothless.
America’s adversaries, such as North Korea, Iran, and Russia, will likely use digital yuan to exchange money, settle trades, and engage in weapon sales or other illicit activities. Doing so will enable them to bypass the existing financial system entirely, meaning American intelligence agencies won’t be able to monitor such activities and hurting the ability of the United States and its allies to anticipate potential threats before they metastasize.
The digital yuan will also enhance China’s geopolitical and economic influence when more countries opt to use the digital yuan and become further economically dependent on Beijing. No wonder Josh Lipsky of the Atlantic Council think tank remarks, “Anything that threatens the dollar is a national-security issue. This [China’s digital yuan] threatens the dollar over the long term.”
Digital currency is the future and probably the not-so-distant future at that. A survey by the Bank of International Settlement in 2020 shows at least more than half of 60 central banks surveyed are exploring how to issue their digital currency. According to the Federal Reserve Chairman Jay Powell, however, the United States is studying the issue but “in no hurry to do anything.” But given the threat China’s digital yuan poses, Niall Ferguson, a Senior Fellow at Hoover Institute, warns that “U.S. policymakers need to wake up to the potential of digital currency and electronic payments and the peril of allowing China to dominate them.”
America’s Options
There are at least three things the United States should be doing in responding to the digital yuan. First, the Security and Exchange Commission should approve the existing requests to launch exchange-traded funds focusing on cryptocurrencies. Such funds will bring an inflow of fresh capital, stimulate the development of digital currencies and digital assets, and make them more accessible to the general public.
Second, the Fed should consider accepting some of these well-established cryptocurrencies into the U.S. financial system. Some well-known businesses such as Tesla and the Dallas Mavericks basketball team have already announced they would accept specific cryptocurrencies such as bitcoin or dogecoin as an alternative means of payment. As more businesses embrace digital currencies every week, the Fed may ultimately not have much choice but to adopt at least some type of digital currencies. If that’s likely to be the case, it’s better to do so now rather than later.
Finally, the Fed can issue a digital dollar as long as there are sufficient privacy protections in place to prevent some ambitious politicians from using the digital currency the way the CCP does as a means to control the American people.
Competition produces better goods and services at lower prices. The more free-market choices of digital currencies we can offer, the less likely China’s digital yuan will replace the U.S. dollar and gain international dominance as the CCP intended.