Originally posted by wtshnnfb01:[..]
And to think Obama thinks the U.S. should be more like you guys. Your just about as screwed up as we are right now.
Originally posted by Yogi:[..]
I'm not trying to piss anyone off.![]()
Speaking of the debt: http://www.brillig.com/debt_clock/ (U.S. NATIONAL DEBT CLOCK )
We're all in the same shit, everyone is in debt over their heads, and Greece is just the first victim.
I guess in next 5-10 years China will be leading country in the world.
Originally posted by wtshnnfb01:Course the best pirate moments, are when they attack the nval vessels down there. I dont care how good your group of pirates is. AKs, and RPGs, are no match for a modern naval vessel.
I think every one of there attacks against a warship to date has failed.
Originally posted by Risto:Don't be. China might grow a lot now. But there are issues that will explode when it has the chance. The way they rule the country can't continue when the gap between rich and poor increases.
Originally posted by Risto:Cant see the clip. It says its not availableBut I did hear that story on the news.
[..]
They are not targetting warships. But sometimes they attack a ship that later seems to be a fully equipped warship.
No sane or insane person shoots at a naval vessel![]()
Originally posted by Yogi:[..]
Don't be so sure. Look what happened to countries with capitalism...and it was all about the greed of the Wall Street.
As far as I know, they (China) didn't feel even a bit of this big western crisis. They have some genious minds there, so they knew that west will step into shit one day. So what did they did?
They bought metal ore that is enough to run their industry for next 50 years. 50 years man, with incredible economy growth that they have.
Before the crisis, they build a couple of so-called "ghost cities". They built few completely new cities that no-one lives in them, because they thought: if we build buildings or cities, they can't just disappear or lost value as money can.
Originally posted by Risto:China does not feel the crisis because it was not 'their' economy that was hit.
The USA and the EU have a 'shared' economy. Lots of companies that operate in both. When something happens here or in the USA we feel it all. Almost the only thing China does is exporting. Since their prices are lower they might even profit from the economic situation here.
But it also has a dangerous side. When the economy of China raises a lot more, they can't keep their prices low. Since everyone will want a share. Also don't forget China has major issues outside the cities.
Not saying that they wont get bigger than us, i dont care. But they are bound to have similar crisis' in the future.
Originally posted by Yogi:[..]
Don't be so sure. Look what happened to countries with capitalism...and it was all about the greed of the Wall Street.
Originally posted by wtshnnfb01:[..]
Well since there main industry is exporting, what it comes down to, is that at some point in the future, I'm sure both the U.S. and E.U. will have initiatives to buy local to help the economy, and when that happens, China is gonna have to find something else.