Economic Warfare with China

[TEAM CLOCKWORK PERF.]

How many of you realize how deep we are into an economic war with China? And how close we are to an actual war? WW3 looms near.

[S133P3R]

i dont care about no damn Chinos and their problems...

IB4-2013

[themadscientist]

where will walmart get products!?

[WDRacing]

Where will we get sulfur infused drywall? Or those awsome lead based painted childrens toys?

China sucks at making just about everything. Unless of course you're only looking for as cheap as possible with no concern in quality control. China can EABFD...

[DJ Raijin]

Where will we get sulfur infused drywall? Or those awsome lead based painted childrens toys?

China sucks at making just about everything. Unless of course you're only looking for as cheap as possible with no concern in quality control. China can EABFD...

I wholeheartedly agree WD.

But therein lies the problem, when will a company think about something OTHER than the bottom line? When reputation and product quality actually mean something to a manufacturer, then we'll begin to win the economic war with China.

[HashiriyaS14]

How many of you realize how deep we are into an economic war with China? And how close we are to an actual war? WW3 looms near.

Are you for real?

Do we really have this many delusional paranoid users or are you, breadbox, and kalypso the same guy?

China NEEDS us. China can't finance their economic development without US demand for their exported goods. We NEED the Chinese to keep buying US Treasuries to finance our debt.

Why the hell would either nation go to war with each other? It would be the instant ruin of both. Why do you think we bend over backwards for each other so often? We ignore their human rights and copyright abuses when we'd call anyone else on it, and they stand by us on North Korea and keep buying Treasuries even when they probably shouldn't.

What planet do you live on?

[themadscientist]

Breadbox is currently barricaded in his survival shelter surrounded by FEMA tanks.

[Cold_Zero]

Simple enough for me. When China builds an entire Blue Water Navy first, then one that can compete with our Navy, then I will be worried.

What is problematic is that the Chinese government is so invested in the United States of America, that if we were to fall, they would be left holding the bag of some serious cash. It seems crazy to assert that any foreign government like Japan, so heavily invested in America's debt would call that debt all at once in the hope of crashing the system. Why then would it seem plausible that China would do the same?

[themadscientist]

China has taken our manufacturing jobs to a great extent but they need America to have a place to dump the crap.

[smockers83]

[intermilanrox]

Agree 100%.War is not going to happen between the US and China. We depend on them to finance the increasing debt (thank you OBAMA ).They need us to buy their S#!TTY products.

If we went to war, both countries would definatley cease to exist.

So TEAM CLOCKWORK PERF. I don't really see what you mean, at all.

[smockers83]

I didn't have enough time for a full post so I expressed myself in the little dudes above. Now, allow me to interpret the little dudes.

1st one: confused about the title and topic in general.2nd one: I just shrug my shoulders and wonder about you.3rd one: Chinese dude hangin out.

[480sx]

We depend on them to finance the increasing debt (thank you OBAMA ).

Actually, you should be thanking Bush primarily, because while he was in office our national debt nearly tripled. If you are one so naive as to blame a president souly for increasing something as complex as national debt, or the reasons behind it.

[Cold_Zero]

It is simple civics, the President submits a budget to Congress, Congress refines, changes, earmarks the funding and approves it. The President then signs it into law.

I guess we should blame both Bush, the Republican controlled Congress and later the Democrat controlled Congress, for the rise in the National Debt. I mean if we are going to start pointing fingers. I have every confindence that the National Debt, with the current leadership in the Congress and the White House will continue to grow.

[480sx]

Wow. Oversimplification FTL. Simple Civics? You have gotta be kidding me.

[HashiriyaS14]

Wow. Oversimplification FTL. Simple Civics? You have gotta be kidding me.

Uh, I've got to side with Bud here, not sure what you're driving at.

Bush's later budgets were approved by a Democratic Congress.

Regardless of party affiliation, a President does not unilaterally impose a budget upon the United States, it requires legislative approval. Anyone who approved a budget full of pork is to blame, not just POTUS.

[Armelius]

How many of you realize how deep we are into an economic war with China? And how close we are to an actual war? WW3 looms near.

The Chinese are always at war. It is the art of war.

[Cold_Zero]

Uh, I've got to side with Bud here, not sure what you're driving at.

Bush's later budgets were approved by a Democratic Congress.

Regardless of party affiliation, a President does not unilaterally impose a budget upon the United States, it requires legislative approval. Anyone who approved a budget full of pork is to blame, not just POTUS.

And to go a lot further, I find it disingenuous that Obama is blaming (indirectly with the comment, "I inherited a 1.7 trillion dollar deficit") the Bush Administration for the hikes in the national debt, when you look back and see that Obama, Clinton and the rest of the Democratic Leadership (along with the Republican Leadership not voted out of office) were in the House and Senate voting for these measures.

So I think we all need to take a step back and collectively say, "We all spent a lot of money in the past 8 years. We all need to work to cut back on spending, work on balancing the budget and to pay down the deficit."

[intermilanrox]

The deficit was a long time coming. Alot of it is centered around the housing market, which has little to do with Bush as I believe it was clinton who forced banks to hand lend money to people who couldn't afford the mortgage payments.However you did not read my comment entirely. I said "increasing" debt. And Obama is increasing ecspecially with all this ridiculous spending and high budget. I chose my words carefully for a reason.

[480sx]

Uh, I've got to side with Bud here, not sure what you're driving at.

Calling macro economics simple just seems ridiculous to me.

Soccerkid - Hes still not even close to outspending 'Bush', but hes on the right track. Your (x) seemed to blame him souly for the rising debt. Again, as has been brought up since my post, there is a LOT more than BO to blame here.

Chose your words more carefully next time.

Oh, btw, as far as your quib about not reading your comment.. Uh... Try reading mine. Ill make it simple for you.

480sx - "If you are one so naive as to blame a president souly for increasing something as complex as national debt..."

I even used the same word.. Lol.

[HashiriyaS14]

Calling macro economics simple just seems ridiculous to me.

I don't think that Bud was oversimplifying macroeconomics, I think he was just detailing how a budget gets passed.

There are plenty of factors outside policy that help determine the size of an annual government deficit or surplus. Unlike the state of the economy at large, the size of a government deficit CAN largely be attributed to those who wrote the budgets.

[Cold_Zero]

Yeah, no I was not trying to simplify Macro Economics. I am scratching my head how we went from Civics (how the government works) to Macro Economics.

My point was simple. We don't live in a dictatorship, where the President can just imposes his will and institute a budget. Other elected officials (Congress) have to pass a budget before it can be signed into law. Soooo.. Obama as a Senator from Illinois helped build that debt that amassed during the Bush Administration.

[480sx]

Macro economics is connected pretty closely with a countries budget. Or, you can say, a countries budget is a test of the theory that is macro economics. At least it should be.

[Urabus GodofTraction]

Anyone who approved a budget full of pork is to blame, not just POTUS.

Which is why we need to send every single on of them home.

[Cold_Zero]

Macro economics is connected pretty closely with a countries budget. Or, you can say, a countries budget is a test of the theory that is macro economics. At least it should be.

I realize that bro, but I was speaking solely to the process in which the budget is passed. So that I could point out that you cant blame one person for the budget since there are so many hands in the pot. I would think that civics would play a very little role in the methodology for putting together what is spent in the budget. Bud

[TEAM CLOCKWORK PERF.]

I would like to thank everyone who replied for giving us their opinion. It is good to see that this thread illicited such spirited debate. Politics are never easy to understand with all of its complex maneuvering and what not. But, its good to keep an open mind and remain vigilante.

"the price of liberty is eternal vigilance" Dwight D. Eisenhower.

I thank all of you for your replies.

Best wishes. Team Clockwork Performance

[breadbox]

You called?

Did I already mention the imminent domain China has over parts of the United States when we cannot repay loans to china.

[smockers83]

You mean eminent domain? How about we have a little lesson on understanding eminent domain, okay?

eminent domain: the power to take private property for public use by a state, municipality, or private person or corporation authorized to exercise functions of public character, following the payment of just compensation to the owner of that property.

How does what you're saying make sense when compared to the definition? It doesn't.

If there was a call by all nations on the US's debt, the US can pay it off, it would just have to use the economy to do so as the nation's debt is only a percentage of GDP.

[breadbox]