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Old 07-09-2020, 08:30 PM
 
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An interesting article from an experienced diplomat who lived through the fat years of China’s growth spree and also saw the collapse of the Soviet Union from his post in Moscow:

https://asia.nikkei.com/Editor-s-Pic...-divided-world

This editorial piece is sanctioned by the Leadership of the CCP, so it begs the question why now? Can China leverage its worldwide manufacturing ties to weaken the status of the USD?
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Old 07-09-2020, 09:14 PM
 
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What does one need to not need someone else's currency? Perhaps being self sufficient. China has large, loyal, hardworking population, lots of RE, and natural resources. Relatively good science and tech. Saudi only sells oil for USD, but China is allies with Iran, Pakistan, Venezuela, Mexico, Russia (even if things are a bit strained at the moment), and get energy from them if need be. China is making inroads to the rest of central Asia, and Africa.
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Old 07-10-2020, 09:13 AM
 
Location: The Triad (NC)
30,358 posts, read 67,008,413 times
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Quote:
Originally Posted by TimAZ View Post
Can China leverage its worldwide manufacturing ties to weaken the status of the USD?
Last time a country attempted to we invaded them (Iraq) to stop their efforts.
Now we couldn't invade Iraq again let alone take on the mass of China.
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Old 07-10-2020, 09:28 AM
 
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Originally Posted by MrRational View Post
Last time a country attempted to we invaded them (Iraq) to stop their efforts.
Now we couldn't invade Iraq again let alone take on the mass of China.
That was decades ago and cyber warfare was in its infancy. The next big war will be quite different and we may get our first lesson as China “reunites” with its renegade province.
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Old 07-10-2020, 10:02 AM
 
Location: The Triad (NC)
30,358 posts, read 67,008,413 times
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Quote:
Originally Posted by TimAZ View Post
That was decades ago and cyber warfare was in its infancy.
The next big war will be quite different and we may get our first lesson as China “reunites” with its renegade province.
I concur.

But now your answering the question you raised.

Last edited by MrRational; 07-10-2020 at 10:15 AM..
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Old 07-10-2020, 04:42 PM
 
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I think some people are severely over estimating the effects of cyber warfare. I doubt you can win a war by photoshopping people's faces or hacking their smartphones for fappening pics and posting everywhere.

Is not like we develop some cyber kinesis where we can literally take control over a foreign machine. This is not Marvel Comics.
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Old 07-10-2020, 06:44 PM
 
3,635 posts, read 2,292,678 times
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Quote:
Originally Posted by NJ Brazen_3133 View Post
I think some people are severely over estimating the effects of cyber warfare. I doubt you can win a war by photoshopping people's faces or hacking their smartphones for fappening pics and posting everywhere.

Is not like we develop some cyber kinesis where we can literally take control over a foreign machine. This is not Marvel Comics.
I think you severely underestimate it. Everything from banking, to satellites, to transportation, dams, power grids, internet communication would be disrupted. It’s crippling to the society. Everything is driven off computers. From the logistics of the country to the car you drive. Granted, that scale of attack would warrant a nuclear response most likely, but it could grind functioning society to a halt.
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Old 07-10-2020, 11:15 PM
 
Location: Heart of flyover America
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They have no desire to do that. They want to prop up the USD so they can keep selling us their junk.
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Old Yesterday, 07:57 AM
 
10,655 posts, read 4,628,253 times
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Quote:
Originally Posted by NJ Brazen_3133 View Post
What does one need to not need someone else's currency? Perhaps being self sufficient. China has large, loyal, hardworking population, lots of RE, and natural resources. Relatively good science and tech. Saudi only sells oil for USD, but China is allies with Iran, Pakistan, Venezuela, Mexico, Russia (even if things are a bit strained at the moment), and get energy from them if need be. China is making inroads to the rest of central Asia, and Africa.
China's largest and most serious national weakness/defect is in feeding its people. Soybeans and pork, we gladly support China!

China still needs the USD to buy all sorts of stuff all over the world where they do not accept Yuan as payment.
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Old Yesterday, 07:59 AM
 
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Originally Posted by Taggerung View Post
They have no desire to do that. They want to prop up the USD so they can keep selling us their junk.
Of course they do, Bidness is bidness. And good business partners are less likely to go to war against one another.
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