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Old 07-29-2020, 07:33 AM
 
5,163 posts, read 3,086,041 times
Reputation: 11048

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Quote:
Originally Posted by Thatsright19 View Post
Does that mean China is America’s vassal since we extracted their real resources and labor for decades?

They’ll be independent of the USD, hmm? Pretty much everyone is independent of the CNY. No one will hold that trash.

CNY versus USD and it’s other allied powers of GBP, EUR, AUD, CAD, and JPY. Should be fun indeed.

I hope you don’t imply the fun is war, because the Indian Ocean would look pretty long to protect those great supply lines from Africa and Australia against the U.S Navy.
Yes, for twenty years American multinationals used China like a cheap prostitute, and that is not lost on the CCP leadership.

The nut they are trying to crack is the petrodollar, once they are able to get the oil they need outside of that hegemony, the days of USD dominance are numbered.

China will tolerate a multipolar world with SDRs, in fact it would be a big advantage for them versus the current system with the USD as primary exchange medium.

War? Never fun, but the Chinese Navy now has more and newer blue-water ships than the U.S. Navy. They stole the design of the W88 for their strategic arsenal, and more importantly they possess a huge surge capability to rapidly manufacture war machines when they are needed. What’s that old Teddy Roosevelt saying? Something about quietly carrying a big stick?
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Old 07-29-2020, 07:47 AM
 
5,907 posts, read 4,430,666 times
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Quote:
Originally Posted by TimAZ View Post
Yes, for twenty years American multinationals used China like a cheap prostitute, and that is not lost on the CCP leadership.

The nut they are trying to crack is the petrodollar, once they are able to get the oil they need outside of that hegemony, the days of USD dominance are numbered.

China will tolerate a multipolar world with SDRs, in fact it would be a big advantage for them versus the current system with the USD as primary exchange medium.

War? Never fun, but the Chinese Navy now has more and newer blue-water ships than the U.S. Navy. They stole the design of the W88 for their strategic arsenal, and more importantly they possess a huge surge capability to rapidly manufacture war machines when they are needed. What’s that old Teddy Roosevelt saying? Something about quietly carrying a big stick?
Ha! They’ll “tolerate” a multipolar world with the SDR. That’s rich.
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Old 07-29-2020, 07:51 AM
 
4,948 posts, read 3,053,228 times
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Quote:
Originally Posted by TimAZ View Post
Yes, for twenty years American multinationals used China like a cheap prostitute, and that is not lost on the CCP leadership.

The nut they are trying to crack is the petrodollar, once they are able to get the oil they need outside of that hegemony, the days of USD dominance are numbered.

China will tolerate a multipolar world with SDRs, in fact it would be a big advantage for them versus the current system with the USD as primary exchange medium.

War? Never fun, but the Chinese Navy now has more and newer blue-water ships than the U.S. Navy. They stole the design of the W88 for their strategic arsenal, and more importantly they possess a huge surge capability to rapidly manufacture war machines when they are needed. What’s that old Teddy Roosevelt saying? Something about quietly carrying a big stick?

Yet they are buying food, from us; as their country continues to flood.
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Old 08-01-2020, 12:27 AM
 
17,874 posts, read 15,943,866 times
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How much volume is $80 billion worth of gold? How many swimming pools can it fill?
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Old 08-01-2020, 02:36 AM
 
106,668 posts, read 108,810,853 times
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80 billion is what gld owns in gold . 1 million dollars is about 48 pounds 513.7 troy ounces . that would fit in a brief case


1 ton of gold is worth 64.3 million
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Old 08-01-2020, 05:23 AM
 
Location: Spain
12,722 posts, read 7,574,122 times
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Quote:
Originally Posted by TimAZ View Post
They stole the design of the W88 for their strategic arsenal
So China has the design of a nuclear warhead that was designed in the 70s and produced over 30 years ago by USA? Wow, crippling.

China's nuclear arsenal is estimated at 290 warheads.
A single US Ohio class submarine can deploy 192-288 warheads.
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Old 08-01-2020, 07:24 AM
 
5,163 posts, read 3,086,041 times
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Quote:
Originally Posted by lieqiang View Post
So China has the design of a nuclear warhead that was designed in the 70s and produced over 30 years ago by USA? Wow, crippling.

China's nuclear arsenal is estimated at 290 warheads.
A single US Ohio class submarine can deploy 192-288 warheads.
Keep eating gorditas, leave the technology and geopolitics to others.
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Old 08-01-2020, 09:31 AM
 
5,907 posts, read 4,430,666 times
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Quote:
Originally Posted by TimAZ View Post
Keep eating gorditas, leave the technology and geopolitics to others.
I’d say he or she probably knows far more about both than you from their post history.

And judging by your comments about China...”tolerating” the usd or the usd inclusion in a potential shift to using sdr’s....well...your dinner is here.

Their ability to mass manufacture military equipment is irrelevant. And speaking of big sticks, the referenced Ohio class sub is basically the most powerful weapon ever designed by humanity. Silent. Deadly. Impossible to find in time before retribution. 24 trident II missiles each splitting into eight separate 100 to 450 megaton nuclear detonations. And it’s also a form of protection against foes going after command and control infrastructure...because if they don’t receive the signals they need to receive....well....let’s say it’s not the best choice to wipe out America’s communication system.

Last edited by Thatsright19; 08-01-2020 at 09:57 AM..
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Old 08-01-2020, 08:34 PM
 
1,141 posts, read 1,208,344 times
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China's economy is in big trouble right now. Speak to anyone on the ground in China and you'll get a much better perspective then a bunch of American's who get their info from CNN and Fox News.
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Old 08-02-2020, 04:23 AM
 
6,384 posts, read 13,158,192 times
Reputation: 4663
Care to elaborate? Looks like you may be in the trenches in China ?

Quote:
Originally Posted by JakeinChina View Post
China's economy is in big trouble right now. Speak to anyone on the ground in China and you'll get a much better perspective then a bunch of American's who get their info from CNN and Fox News.
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