Randy
Well-known member
The lesser of two evils still.The concept of america representing freedom and opposing totalitarianism is a fallacy.
The lesser of two evils still.The concept of america representing freedom and opposing totalitarianism is a fallacy.
I agree, if you had a vested interest in a global capitalist economy and made decisions based on personal gain, you wouldn't want to rock the boat to that extent.I'm certainly no economist but surely 'debt' on a global scale only exists with the borrower's consent? If China call in their debt and the 'west' refuse to pay then what are they going to do? Send a high court enforcement agent to no10/the Whitehouse?
Well if US are leaders of the free world and China aren't part of the free world,why do you need to make a choice? No need for these divisive actions from the western powers.It's odd because during his speech yesterday Pompeo said it wasn't as simple as choosing sides.
I do believe though it's about keeping America as the defacto leader of the free world. Which in a choice between them and a totalitarian regime ran by the CCP I'm choosing freedom.
Personally I would class being in the EU as the lessor of 3 evilsThe lesser of two evils still.
The EU jumps to America's tune.Personally I would class being in the EU as the lessor of 3 evils
EU first, EU first, EU firstThe EU jumps to America's tune.
The EU really doesn't, that's why it has different food standards, different vehicle emission standards, differing views on tax evasion etc. etc.The EU jumps to America's tune.
It does when it comes to military action....The EU really doesn't, that's why it has different food standards, different vehicle emission standards, differing views on tax evasion etc. etc.
Remember TTIP, didn't happen largely because the EU didn't need to bow down to the US. The EU is approaching the US in GDP, it is a threat to the US position as the leading economy which is why Trump is pro-Brexit
Sounds like you do too!It does when it comes to military action....
Which is where this is inevitably leading. The yanks love a bit of argy bargy.
europeans get 'urged' to join in with american campaigns. The reality is, as the EU and US economies gained parity over the last 15 years, the EU didn't need to join in under political-economic pressure.It does when it comes to military action....
Which is where this is inevitably leading. The yanks love a bit of argy bargy.
Pilger always knew how to sell a book.
I am an economist. China's considerable holdings of US government bonds give it very little leverage. They can't 'call them in'; they can hold them until redemption (in $us) and spend them, or they can sell them, thus depressing their price and the value of China's remaining $ holdings. A $ sell-off would reduce the $/Yuan exchange rate and therefore China's competitiveness. It is very much a double-edged sword.I'm certainly no economist but surely 'debt' on a global scale only exists with the borrower's consent? If China call in their debt and the 'west' refuse to pay then what are they going to do? Send a high court enforcement agent to no10/the Whitehouse?
Just shows how honourable is the good ol' USA!I am an economist. China's considerable holdings of US government bonds give it very little leverage. They can't 'call them in'; they can hold them until redemption (in $us) and spend them, or they can sell them, thus depressing their price and the value of China's remaining $ holdings. A $ sell-off would reduce the $/Yuan exchange rate and therefore China's competitiveness. It is very much a double-edged sword.
Where did he say they were not going to repay?Just shows how honourable is the good ol' USA!
Remember the invasion of Iraq + never mind Vietnam et Al.
I thought it was France who started the Vietnam war?Just shows how honourable is the good ol' USA!
Remember the invasion of Iraq + never mind Vietnam et Al.