China to invest $280 billion in Iranian sectors targeted by sanctions (enemy, ethics)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
China and Iran have updated a 2016 strategic agreement whereby China offers massive long-term investment in the Iranian economy in return for far-reaching rights over how the money is spent and the products that eventually flow from it. The plan also allows for the stationing of up to 5,000 Chinese security personnel to protect energy and petrochemical assets, according to a report in monthly journal Petroleum Economist.
MSM is kinda silent about it, even cnn and nyt. But if it is true the implication is that saber rattling of Trump over Iran will have to be tuned down big time, unless trumplings are ready to enlist for a war with China over Iran.
Well, it just goes to show that China has always been an enemy to the USA, and we should have had a trade block with them a long, long time ago. Like, back in the 80's. Instead, our government creates loopholes that outsources our jobs to China, and even relinquished control of the Panama canal, which China wasted no time in gobbling up, and we have no one to blame but US government and the greedy companies that helped China rise to their current power.
Good for China and Iran. As much as I detest the Iranian regime, I am not a fan of sanctions and ideological/political diplomacy a la Cuba and Iran. It still boggles my mind that we cut ties with Cuba and continue to sanction them because they dare to have a different form of government from us And Iran isn't much different. As much of a disgrace as the Iranian Hostage situation was, no one was killed. Sanctions aren't doing much to change government in these countries (Cuba and Iran have been under sanctions for DECADES). They only go to hurt the rank and file in those countries and US business interests.
China,Iran,and Russia (among other countries) are trying to decouple the dollar all the while breaking our web of "poor" allies. Time to downsize our military complex and take care of our own.
Countries that have no ethics always have a bigger playing field plane and simple.
THIS!!! And I think because we live in a better country , many forget that other countries don't play the rules.
As for sanctions, inevitably it is the citizens of these countries that suffer -- not the govt.
Cuba is a good example. The USA sanctions have done little to prod the Cuban govt. to treat its citizens better. And the USA sanctions make life for Cuban citizens less tolerable.....so who wins?
At this point if we are hanging out with Kim Jung Un begging to make a deal, why can't we do the same with Cuba. WHy are we still punishing Cuba for the Bay of Pigs, but wanting to invite Russia to the G7, be besties with North Korea? It is all too confusing at times.
The only way to win a trade war would be to have international cooperation. That would take diplomacy. Fat chance of that.
Meanwhile my stocks investments are 27% below what they should be per President Trump.
I suspect we get one more blow off top to push and fill shorts and then you can short your pick of the litter!
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
And Iran isn't much different. As much of a disgrace as the Iranian Hostage situation was, no one was killed. Sanctions aren't doing much to change government in these countries (Cuba and Iran have been under sanctions for DECADES). They only go to hurt the rank and file in those countries and US business interests.
