Shanghaiist: The great financial fallout Chinese bailout?

nanheyangrouchuan

Sat, 18 Oct 2008 00:11:17 +0800

Edgar Snow's "journalism" and USSR support sanctioned by the Yalta Treaty. The CCP doesn't accomplish anything on its own.

dms

Fri, 17 Oct 2008 17:59:35 +0800

It's somewhat simplistic to state '[Chinese] threw out Chiang Kai-shek in 1949'. There was a civil war remember? This involved US intervention, which didn't overall favor either side at that point thanks to Edgar Snow's 'journalism'. General Douglas MacArthur had a major hand in holding Chiang Kai-shek back. Throw Ru$$ia into the mix....

Orpheus

Fri, 17 Oct 2008 13:48:15 +0800

For the source of this "inspired view" of China, go seek out Dwight Perkins, among others.

Orpheus

Fri, 17 Oct 2008 12:19:13 +0800

Paul Denlinger. Another expat genius who sees grand visions.

nanheyangrouchuan

Wed, 15 Oct 2008 16:14:09 +0800

Boy Ken, you really tell a yarn. Currency reserves are the side effect of currency fixing, especially on China's, Russia's and SK's part. And guess what? It has come to light that about 20% of China's forex reserves were actually in AIG bonds. Not much of a return on those, eh? And China is still heavily reliant on foreign exports to sustain employment. Domestic consumption is pretty tiny once you get past people buying domestic things like TVs and refrigerators. Lots of factories are closing down in Guangdong, Fujian, etc. And as far as Pakistan feeling snubbed by the US's new love of India, Pakistan has been a shit ally, they sell any new stuff we give them to China and let China disrupt Indian Ocean peace with that sub and destroyer base in Gwadahar. There have also long been PLA troops on the glaciers in northern Pakistan. And AQ Khan gave nuke technology to Lybia, NK and Iran? China lets long trains of HF6 gas into NK for processing by centrifuge, Chinese scientists have been photographed in Iranian nuke labs and when Lybia came clean about their nuke program to the world, they turned over bomb parts and blue prints written in Chinese. Burn China to the ground!

EL JEFE

Wed, 15 Oct 2008 16:05:34 +0800

Typical zero-sum thinking on the last point. That's actually not the choice, but thanks for oversimplifying.