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PHOENIX TRADING
 

Registered: Mar 2012
Posts: 6748

 

09-17-12 02:56 AM

Wow, checkout the pics from this territory dispute.

I know next to nothing about (this particular dispute) it but does seem that worldwide the economic collapse is having an effect upon people.


Over the past 48 hours we have written much, describing the perfectly expected surge in nationalist fervor and anti-Japanese sentiment, as the Senkaku Islands Snafu hits its boiling point - a Japan whose GDP is now declining in real terms, whose economy has been crippled by years of deflation, whose infrastructure is impaired due to anti-nuclear power sentiment, and one which generally can not afford an all out diplomatic, political and economic conflict with China, and may thus ask itself: why escalate and just who prompted it do so now?
http://www.zerohedge.com/news/postcards-furious-china

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Grandluxe
 

Registered: Aug 2006
Posts: 2453

 

09-17-12 03:05 AM

How come rioting is allowed in China? I thought it is a brutal dictatorship?

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peilthetraveler
 

Registered: Jun 2005
Posts: 7060

 

09-17-12 03:11 AM

From what I understand is they are fighting over uninhabited islands.


But I guess there is some oil or something under those islands. Rioters are idiots though. Doesnt matter who controls the islands, everyone rioting, their life will not be affected 1 bit by whether or not china controls the islands.

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PHOENIX TRADING
 

Registered: Mar 2012
Posts: 6748

 

09-17-12 03:12 AM


Quote from peilthetraveler:

From what I understand is they are fighting over uninhabited islands.


But I guess there is some oil or something under those islands. Rioters are idiots though. Doesnt matter who controls the islands, everyone rioting, their life will not be affected 1 bit by whether or not china controls the islands.



Oil, but how much I have no idea.

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Grandluxe
 

Registered: Aug 2006
Posts: 2453

 

09-17-12 03:14 AM

Looks like the taiwanese also joined in. Maybe they will join forces with the Chinese navy to evict the Japs?!

Taiwan vessels head to Diaoyu Islands to conduct fishing patrol drills
2012-9-13 14:39:23

Taiwan's Coast Guard Administration on Thursday sent two ships "Lienchiang" and "Hualien" to waters around the Diaoyu Islands to conduct fishing patrol drills and carry out duty transfer skills.

Taiwan's president has warned Japan over territorial claims made by his Japanese counterpart on a set of Islands in the East China Sea.

The ownership of the Senkaku islands, known as Diaoyu in Chinese, is also subject to claims from Beijing.

Taiwan’s president Ma Ying-jeou responding to recent reports by warning Japan not to “nationalise” the islands and "to resolve the issue in a peaceful way".

Last month, ten Japanese nationalists, who planted flags on the remote island, caused a wave of furious protest across China.

http://www.huffingtonpost.co.uk/201..._n_1864412.html

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PHOENIX TRADING
 

Registered: Mar 2012
Posts: 6748

 

09-17-12 03:29 AM

Gentlemen I think we've just discovered where to establish the state of
Palestine.

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