China building bridge 30 miles long. While we have unpayable debt. Thank you FED, IMF

Discussion in 'Economics' started by kana, Jan 28, 2010.

  1. mikasa

    mikasa

    you are cloyingly stating the obvious, China has low human rights etc

    but what your thick head doesn't understand is that We Really Ought To Copy The Way China Does Banking

    our financial system is based on FED printing currency and loaning it to US government

    We need to change that and copy China in that regard.
    As you can see Makloda some ETers are little more informed. :cool:
     
    #11     Jan 28, 2010
  2. mikasa

    mikasa

    wow this is even more ambitious, any links ?
     
    #12     Jan 28, 2010
  3. Bob111

    Bob111

    you don't have to go that far with such examples to realize,how quickly USA losing it's edge. got to speedtest.net and see world results. they are speaking for itself. Al Gore(inventor of the internet) :p should be proud.

    http://www.speedtest.net/global.php

    download speed-USA # 29
    behind Romania,Slovakia and Republic of Moldova
     
    #13     Jan 28, 2010
  4. Could have said the same thing 3 years ago about Dubai.

    Or 20 years ago about Japan.

    Or etc.
     
    #14     Jan 28, 2010
  5. China has very significant debt. it just happens to be accounted for in ways that don't show up on our fiscal radar.
     
    #15     Jan 28, 2010
  6. kana

    kana

    Always nice to see members talk about things they have no clue about.
    Chinese debt is non existent, they have surplus. They don't know the meaning of the word deficit.

    Try to switch from FOX to ........well......nothing is good really.
     
    #16     Jan 28, 2010
  7. China has the largest military in the world.

    Over 7 Million.. more than twice ours. While we are wasting resources in the middle east they are patiently waiting on the sidelines for the right time...
     
    #17     Jan 28, 2010
  8. Hmmm according to wikipedia, China has the longest continuous military history in the world and was the world's most advanced army for 2000 years.


    http://en.wikipedia.org/wiki/Military_history_of_China


    Song Dynasty: 1,250,000+.
    Ming Dynasty:1,400,000+

    "Ever since Chinese civilization was founded by the Xia Dynasty (2200 BCE-1600 BCE), organized military forces have existed throughout China. The recorded military history of China extends from about 2200 BC to the present day.[1]

    China has the longest period of continuous development of military culture of any civilization in world history and had arguably one of the world's most advanced and powerful military for almost 2,000 years until the 18th century.[2]

    The Chinese armies pioneered the use of crossbows, gunpowder weapons, stirups, and other advanced weapons that enabled them to fend off attacks by their enemies and expand China's influence across much of Eastern and Central Asia but also adopted foreign weapon systems such as iron weapons, cavalry and western military technology.[3]

    In addition, China's armies also benefitted from an advanced logistics system as well as a rich strategic tradition, beginning with Sun Tzu's "The Art of war", that deeply influenced military thought[4]."
     
    #18     Jan 28, 2010

  9. LOL.... oh that's ripe....
     
    #19     Jan 28, 2010
  10. 1 of our bombs can kill 250k members of their army. We have 1000s of similar sized bombs. People can do the math.
     
    #20     Jan 28, 2010