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Europe Loves The Mustang



 
 
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  #11  
Old June 18th 05, 11:00 PM
Joel Jacobs
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"Sarah Czepiel" > wrote in message
...
> On Sat, 18 Jun 2005 17:00:40 GMT, the guvnor
> > wrote:
>
>>On Sat, 18 Jun 2005 12:46:29 -0400, Sarah Czepiel >
>>wrote:
>>
>>>>See China's domination of world trade.
>>>
>>>>>Since the end of the Cold War, the United States has
>>>>>been the world's only superpower.
>>>>>
>>>>>The unique position of the United States (at least in terms of
>>>>>military force)
>>>>
>>>>See America not even being able to win the Vietnam war.
>>>
>>>Let me know when you have any hard facts to support your contention
>>>that China is a hyperpower.

>>
>>"Within 20 years, the Chinese economy will probably be larger than
>>that of the United States. Already China's geopolitical influence has
>>grown along with its economic might."

>
> " Within 20 years....". I didn't ask for an opinion piece I asked
> for facts to support your contention that China is a Hyperpower.
>
>>"Moreover, the Chinese central bank is financing the massive US trade
>>deficit by $1 billion a day. Without those loans, US interest rates
>>would spike upward. Interest rates on mortgages would rise, hitting
>>housing sales, and raising costs for millions of homeowners."
>>
>>""This is a huge deal," says Clyde Prestowitz, president of the
>>Economic Strategy Institute in Washington. "We are on life-support
>>from China's central bank.""
>>
>>"The US will have to adjust to deal with another major power," says
>>Mr. Prestowitz. "So far we are in a kind of denial."
>>
>>"Last Friday, China and the European Union reached a friendly
>>agreement curtailing certain Chinese textile exports. Chinese
>>negotiator Bo Xilai indicated China's preference for such a negotiated
>>deal, rather than the US unilateral caps on China's textile exports.
>>He reportedly cited a Chinese saying: "If you respect me by an inch,
>>I'll respect you by a foot.""
>>
>>http://www.csmonitor.com/2005/0616/p16s01-cogn.html

>
>
> Lets say.....oh...tomorrow, the United States decides to blockade all
> ships arriving and leaving China and the middle east except those
> outbound caring goods or oil to the United States.
>
> What are you euro's or China going to do to stop us?



Do NOT underestimate China's military, nor their resolve.

Joel Jacobs
Chief Petty Officer
USNavy, Retired


 




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