[ms] · Est. May 2002
One durable person. One social graph. Many communities—and every way people speak, share, listen, write, gather and remember.
Well I hate to be the bearer of more bad news but now China thinks the US is broke(Not just me anymore). This is really bad for peace time. If China and Russia go ahead with this it will cause the next world war unless we see the US's real colors by siding with an anti human communist country for a new currency.
Initial reports are that Geitner/Obama is all for it.
Re: China Calling for One World Currency
[QUOTE=runningman;727607]Well I hate to be the bearer of more bad news.[/QUOTE]
oh come on, you love it. :lol:
Re: China Calling for One World Currency
I really don't but when all I hear is bad news that is all I can say. I wish I could talk about a world gov't and think it won't be corrupt but looking how corrupt the US is I know a one world gov't will be a bad thing.
"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men
Re: China Calling for One World Currency
We're not broke, and China does not think we're broke at this point - yet.
China is concerned that we're [I]going to do[/I] the national equivalent of going broke, which is to significantly devalue our currency due to the large deficit spending we currently have planned.
And they have reason to be concerned, since they hold so much of their savings in US bonds. And their proposal is not necessarily a bad one. They want to redefine the reserve system for the world on a more diversified scale so that if one country goes down it doesn't take the whole world with it. It has some merit, and it may happen some day.
As far as it causing world war, I think that is highly speculative and not very supportable. War could arguably sooner break out for a number of more plausible reasons than this. One could even make the argument that a global currency could make it [I]less[/I] likely for world war to break out.
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People don't fight over money?
Re: China Calling for One World Currency
[quote=runningman;727652]People don't fight over money?[/quote] Some people maybe do; countries usually don't. Countries usually fight over the control of scarce resources.
Re: China Calling for One World Currency
and money gets those resources.
The UN wants one as well.
[URL]http://www.breitbart.com/article.php?id=CNG.18e9e5692442aa61d7510553b5ffc14e.8b1&show_article=1[/URL]
Re: China Calling for One World Currency
[quote=runningman;727966]and money gets those resources.[/quote] Every nation can print as much money as it wants - exhibit A would be Zimbabwe, which has like 1 billion % annual inflation. The way you get your money to be worth anything in the first place is to back it up with resources that enable you to have real economic production. And you can't buy that productivity; you have to create it.
This gets at why the Japanese attacked the US back in late 1941 - for access to [I]oil[/I], not for our dollars.
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it isn't 1941 anymore.. wrong century.
Re: China Calling for One World Currency
[quote=runningman;728209]it isn't 1941 anymore.. wrong century.[/quote] oh ok...I guess this means this basic principle suddenly expired at the turn of the new century then, kinda like old milk in the fridge. My bad. Good catch there. :lol:
Re: China Calling for One World Currency
China doesn't have the natural resources so they have to depend on the Anglo-American connection.
I can't believe we are going to have a one world currency in hte coming months or years. To think the conspiracy theorists called this years and years ago. It is kind of weird.
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[quote=runningman;728494]China doesn't have the natural resources so they have to depend on the Anglo-American connection. [/quote] It always boggles the imagination as to how you come up little "facts" such as these.
If China doesn't have natural resources, then why is it that the majority of the products in the Western world are made in China?
Yeah, those Chinese don't have the resources..that's why they're only the second or third largest economy on the planet, not to mention the fastest growing one for the past quarter of a century.
But I'm sure there's nothing I could say that could possibly negate your belief that you're "spot on"...as always... :roll:
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Your sarcasm shows how much of a fool you really are.
Why did the Anglo-Americans go into Iraq??
Why do the Anglo-Americans want to go into Pakistan??
Why do the Anglo-Americans want to get into Sudan?
Natural Resources. As long as they control the natural resources they control China. Do you actually believe that the most corrrupt country on earth (the US) gives a shit about human rights in Sudan and how muslim men beat their wives in Pakistan?? The answer is a big fat NO. Hillary Clinton has made that very clear where Obama stands on human rights- IMO of course.
Re: China Calling for One World Currency
[quote=runningman;728509]Your sarcasm shows how much of a fool you really are.[/quote] :lol:
[quote=runningman;728509]Why did the Anglo-Americans go into Iraq??
Why do the Anglo-Americans want to go into Pakistan??
Why do the Anglo-Americans want to get into Sudan?
Natural Resources. As long as they control the natural resources they control China.[/quote]
You JUST got done telling me that "this is not 1941...wrong century" when I pointed out that nations go to war over natural resources, not money. And now you just contradicted yourself and kicked your own ass, bro.
As of right now, America doesn't "control" the oil in the Middle East. If they did, then they would control the prices and who it is sold to. They don't. China can and does buy its own oil from the Middle East without "Anglo-American connections."
"Natural resources" covers a lot more than just OIL. And China has tons of natural resources and relatively cheap labor, which is why American firms started outsourcing lots of manufacturing and the majority of things that you buy say "made in China" on them.
As for all that rambling about "human rights"... No idea what your point is there, as no one around here has ever said anything about believing that America is in Iraq for "human rights"... Perhaps you're trying to deflect attention from your other statements? I sure don't know...
I'm probably done here for a while, because I already know where this is headed... I hope that if you call me big meanie names you'll at least get more creative this time! :)
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^ Why do you even try? He isn't going to read any of that you know.
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^^ It's a slow afternoon. :lol:
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[quote=ddr;728538]^ Why do you even try? He isn't going to read any of that you know.[/quote]
do you have anything to say on the topic or just what Miro said??:roll:
Re: China Calling for One World Currency
[quote=runningman;728594]do you have anything to say on the topic or just what Miro said??:roll:[/quote]
What Miro said.
He knows a lot more on the topic than I do. I may have a minor in Economics but I won't pretend to know about the intricacies of it. I do not talk about topics I know nothing about, that is your job.
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miro enjoyed your insight as always.
Re: China Calling for One World Currency
You JUST got done telling me that "this is not 1941...wrong century" when I pointed out that nations go to war over natural resources, not money. And now you just contradicted yourself and kicked your own ass, bro.
As of right now, America doesn't "control" the oil in the Middle East. If they did, then they would control the prices and who it is sold to. They don't. China can and does buy its own oil from the Middle East without "Anglo-American connections."
[COLOR=SeaGreen]Wrong. The US created the oil fields in the Middle East with a company called Standard Oil. The US has major connection there. Why do you think Saudi Arabia is an ally??[/COLOR] [COLOR=SeaGreen]Because the US can control Saudi Arabia since the US gave them there only market.[/COLOR] [COLOR=Green]Don't you notice that once the US controls more oil the prices go up. Remember nobody is greedier than the US/Brits. Went into Iraq got control of those oil fields and then the gas price tripled.[/COLOR]
[COLOR=SeaGreen]Wrong. China is starving for natural resources and can't keep up with the demand from a billion people that live in that country.[/COLOR] [COLOR=SeaGreen]This article is about the steel industry and how they are hurting for natural resources. Also Australia blocked China from buying more shares in a natural resources company today.[/COLOR]
[COLOR=SeaGreen] Baoshan Iron & Steel sees net profit down 47.9% in 2009 [/COLOR]
[URL="http://www.chinaview.cn/index.htm"][COLOR=#000000]www.chinaview.cn[/COLOR][/URL] [COLOR=#333333][IMG]http://imgs.xinhuanet.com/icon/2006english/2007korea/space.gif[/IMG][/COLOR] [COLOR=#000000][B]2009-03-28 22:34:14[/B][/COLOR] [URL="http://news.xinhuanet.com/english/2009-03/28/content_11091903.htm#"][IMG]http://imgs.xinhuanet.com/icon/2006english/xiao.jpg[/IMG][/URL][COLOR=#333333][IMG]http://imgs.xinhuanet.com/icon/2006english/2007korea/space.gif[/IMG][/COLOR] [URL="http://news.xinhuanet.com/english/2009-03/28/content_11091903.htm#"][IMG]http://imgs.xinhuanet.com/icon/2006english/da.jpg[/IMG][/URL][IMG]http://imgs.xinhuanet.com/icon/2006english/2007korea/space.gif[/IMG] [URL="http://javascript%3Cb%3E%3C/b%3E:doPrint%28%29;"]Print[/URL]
[COLOR=SeaGreen] BEIJING, March 28 (Xinhua) - Baoshan Iron & Steel, the listed unit of China's biggest steel maker, reported net profit of 6.99 billion yuan (1.02 billion U.S. dollars) in 2008, down 47.9 percent year-on-year. [/COLOR]
[COLOR=SeaGreen] The steel maker, a Shanghai-listed subsidiary of Baosteel Group Corp, said in its annual report Saturday that the total profit plunged 55.1 percent last year to 8.67 billion yuan while revenues rose 4.9 percent to 200.85 billion yuan. [/COLOR] [COLOR=SeaGreen] "[COLOR=Red]China's steel firms[/COLOR] will face challenges in the long run, including excessive production capacity,[COLOR=Red] lacking[/COLOR] [COLOR=Red]of natural resources[/COLOR] and high costs," the report said. [/COLOR] [COLOR=SeaGreen] The company expected to post revenues of 145.7 billion yuan in 2009 and planned to produce 22.42 million tonnes of iron and 24.93million tonnes of steel in 2009.[/COLOR]
[COLOR=SeaGreen]You wouldn't have an idea because you don't want to talk about the Obama admin basically saying that human rights is not important.[/COLOR]
I'm probably done here for a while, because I already know where this is headed... I hope that if you call me big meanie names you'll at least get more creative this time! :)[/quote]
In the green. I think it is very safe to say you don't know what you are talking about.
Re: China Calling for One World Currency
^^ against my better judgment, I'm compelled to make one more response...
You ever heard of [U][B]OPEC[/B][/U]? The amount of oil America controls is insigificant compared to the amount it doesn't. [COLOR=Black] [/COLOR] 2. Standard Oil doesn't even exist anymore and[COLOR=Red] the Saudi government owns 100% of Saudi Aramco (the sole national oil company that controls virtually all Saudi oil) since the early 1980s.[/COLOR]
Natural resources consist of a lot more than just iron ore or oil. I never said China has ENOUGH of EVERY single kind of natural resource; no nation on earth does. This is why a little thing called [I]international trade[/I] occurs.
Oh yeah...I can come up with my own Google searches, too! wheee!
[B][URL]https://www.cia.gov/library/publications/the-world-factbook/print/ch.html[/URL][/B] [quote]China - Natural resources: coal, iron ore, petroleum, natural gas, mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead, zinc, uranium, hydropower potential (world's largest[/quote][B][URL]http://en.wikipedia.org/wiki/Geography_of_China[/URL][/B] [quote]China has substantial [URL="http://en.wikipedia.org/wiki/Mineral_reserve"]mineral reserves[/URL] and is the world’s largest producer of [URL="http://en.wikipedia.org/wiki/Antimony"]antimony[/URL], [URL="http://en.wikipedia.org/wiki/Natural_graphite"]natural graphite[/URL], [URL="http://en.wikipedia.org/wiki/Tungsten"]tungsten[/URL], and [URL="http://en.wikipedia.org/wiki/Zinc"]zinc[/URL]. Other major minerals are [URL="http://en.wikipedia.org/wiki/Bauxite"]bauxite[/URL], [URL="http://en.wikipedia.org/wiki/Coal"]coal[/URL], [URL="http://en.wikipedia.org/wiki/Crude_petroleum"]crude petroleum[/URL], [URL="http://en.wikipedia.org/wiki/Diamonds"]diamonds[/URL], [URL="http://en.wikipedia.org/wiki/Gold"]gold[/URL], [URL="http://en.wikipedia.org/wiki/Iron_ore"]iron ore[/URL], [URL="http://en.wikipedia.org/wiki/Lead"]lead[/URL], [URL="http://en.wikipedia.org/wiki/Magnetite"]magnetite[/URL], [URL="http://en.wikipedia.org/wiki/Manganese"]manganese[/URL], [URL="http://en.wikipedia.org/wiki/Mercury_%28element%29"]mercury[/URL], [URL="http://en.wikipedia.org/wiki/Molybdenum"]molybdenum[/URL], [URL="http://en.wikipedia.org/wiki/Natural_gas"]natural gas[/URL], [URL="http://en.wikipedia.org/wiki/Phosphate_rock"]phosphate rock[/URL], [URL="http://en.wikipedia.org/wiki/Tin"]tin[/URL], [URL="http://en.wikipedia.org/wiki/Uranium"]uranium[/URL], and [URL="http://en.wikipedia.org/wiki/Vanadium"]vanadium[/URL]. With its vast mountain ranges, China’s [URL="http://en.wikipedia.org/wiki/Hydropower"]hydropower[/URL] potential is the largest in the world. Based on 2005 estimates, 14.86% (about 1.4 million km2) of China’s total land area is [URL="http://en.wikipedia.org/wiki/Arable_land"]arable[/URL]. About 1.3% (some 116,580 km2) is planted to permanent [URL="http://en.wikipedia.org/wiki/Crops"]crops[/URL] and the rest planted to temporary crops. With comparatively little land planted to permanent crops, intensive agricultural techniques are used to [URL="http://en.wikipedia.org/wiki/Reap"]reap[/URL] [URL="http://en.wikipedia.org/wiki/Harvest"]harvests[/URL] that are sufficient to feed the world’s largest population and still have surplus for [URL="http://en.wikipedia.org/wiki/Export"]export[/URL]. An estimated 544,784 km2 of land were [URL="http://en.wikipedia.org/wiki/Irrigated"]irrigated[/URL] in 2004. 42.9% of total land area was used as [URL="http://en.wikipedia.org/wiki/Pasture"]pasture[/URL], and 17.5% was [URL="http://en.wikipedia.org/wiki/Forest"]forest[/URL]. [URL="http://en.wikipedia.org/wiki/Water_resources_of_China"]China's water resources[/URL] include 2,711.5 billion cubic meters of runoff in its rivers and 828.8 billion cubic meters which was pumped annually from shallow aquifers circa 2000. As pumping water draws water from nearby rivers, the total available resource is 2,821.4 billion cubic meters. 80.9% of these resources are in the [URL="http://en.wikipedia.org/wiki/Yangtze_River"]Yangtze River[/URL] basin. In 1993, 498,720 square kilometers were [URL="http://en.wikipedia.org/wiki/Irrigation"]irrigated[/URL].[/quote]In text above. I think it is very safe to say that you live in an alternate reality that is populated by...well, just you. :lol: But hey, it's a free country and there is nothing I can do with whatever it is that you want to believe. Have fun with that! :)
Re: China Calling for One World Currency
speaking as someone who works for one of the larger oil companies on the planet, i can quite assure you runningman hasn't the foggiest idea of what he is talking about (a shocker i know).
most of the world's oil is controlled by NOCs (National Oil Companies) like Saudi Aramco and NIOC (Iran). they have a huuuuge amount of reserves between them. oh, and canada has the second highest reserves behind the saudis, and i can tell you for a fact we control our own oil. hell, we're the number one exporter to the states. that china, or any other country relies on the states to secure them resources is so absurd i dont even know where to start....
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i never said china depends on the states for resources. It is a way to control china. Control the resources you can control the country. It is a war if you will.
Also thanks DFN for bringing up the Iranian connection. You are right about Iran. They have a lot of oil. A HUGE supplier for China. The biggest I believe.
[URL]http://www.chinadaily.com.cn/english/doc/2004-10/31/content_387140.htm[/URL]
Miro I feel like you live in the twilight zone thinking that governments operate honestly. I'm sure the Saudis have no connection whatsoever with the companies that brought the machinery to get the oil out of the ground. No they (Rockefeller) just picked up and walked away from all of that money. Yep that's it that sounds right.
Re: China Calling for One World Currency
Didn't Standard Oil turn into Exxon Mobil?
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Who said the politics forum was getting boring??
Oh hey runningman, you forgot this
[IMG]http://blog.wired.com/gadgets/tinfoil+hat.jpg[/IMG]
Re: China Calling for One World Currency
who would have thought six months ago we would be talking about a world currency?? Well I was but I was being made fun of for that as well back then.
Believe me the the tinfoil hat people might be on to something where the square heads seem to be laggin behind.
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[quote=runningman;729195]who would have thought six months ago we would be talking about a world currency?? Well I was but I was being made fun of for that as well back then.
Believe me the the tinfoil hat people might be on to something where the square heads seem to be laggin behind.[/quote] Um... I'm really sorry to burst this whole "Nostradamus" thing you've got going for yourself, but globalization has actually been going on for a long time now and [I][COLOR=red]global reserve currencies have already been discussed in the press and especially in academics [U]for decades now[/U].[/COLOR][/I] If you think this is a revolutionary new idea, then you're probably the one who is lagging behind.
Did you know that John Maynard Keynes publicly proposed and theorized about a global currency back during the Bretton Woods conference? He called it [B]the Bancor[/B]. The Americans came up with something similar called the Unitas. [B]That was in 1944.[/B] [URL]http://en.wikipedia.org/wiki/Bancor[/URL]
Also, I'm pretty sure you weren't saying dick about a global currency 6 months ago. :lol: But I could be wrong on that; if so, my bad. I'm sure not going to go dig up all of your posts and check.
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I don't have anything substantive to add, I just had to get a post in here so I can say I was part of what is rapidly becoming The Most Absurd Thread in [ms] History. Really epic!
Re: China Calling for One World Currency
I love it. Nostradamus eh? It is called research into what is going on. I had an idea about this from the Trans Atlantic Economic Integration plan a while back when I was doing patent research. Back then there was a call for the Amero or a world currency. Ring any bells?? Ya because I said that maybe a year and a half ago maybe two years.
I'm always the crazy one yet always the one pointing things out that sometimes come true. I'm no Nostradamus. I just do research at whitehouse.gov and the european union sites. Also ties between Rockefeller and the British banking system (Rothschilds). If that makes me a tin hat wearer I will wear it happily. Remember it is always a conspiracy until it comes true.
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I foresee this thread being closed in the not-so-distance future.
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why would it be closed?? Because we are talking about reality?
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^^ My point is just that you seem to think that none of us have ever heard about globalization or things like the Euro and the Amero... actually, we've all heard about them. We're really not that stupid.
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[QUOTE=ddr;729275]I foresee this thread being closed in the not-so-distance future.[/QUOTE]
Negative ghost rider. This thread is awesome.
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No I know that you have heard of globalization but I find it strange that when we are heading that way you disagree with me so much. A lot of the points I am trying to make is that we are heading towards a one world government, with a one world currency. I am part for it (globalization) but I am not sure about absolute control either.
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[QUOTE=toasty;729245]I don't have anything substantive to add, I just had to get a post in here so I can say I was part of what is rapidly becoming The Most Absurd Thread in [ms] History. Really epic![/QUOTE]
Really? I thought this was in all seriousness one of the more substantiative and interesting threads I've read in the political forum yet and I have purposely not posted (for the record until now) because I frankly had nothing with much credibility to participate with. I think the debate is sound and evidence is solid by and large.
[QUOTE=Jenks;729311]Negative ghost rider. This thread is awesome.[/QUOTE]
Just read your post after I posted the above, good to hear and I agree.
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[quote=runningman;729411]No I know that you have heard of globalization but I find it strange that when we are heading that way you disagree with me so much. A lot of the points I am trying to make is that we are heading towards a one world government, with a one world currency. I am part for it (globalization) but I am not sure about absolute control either.[/quote] Actually...I don't disagree with you about the trend toward a global currency. On the first page I said that it's actually not a bad idea by the Chinese and that they have good reason to be concerned about the US dollar. I think I was less in agreement with it leading to world war (although I don't necessarily disagree with the fact that world war is a possibility; we've already had two...)...and then we somehow got onto oil and who knows what is - fuck if I remember how anymore. :lol:
It's all good. You are entitled to your opinions, and we have to agree to disagree on certain points. And I'm all debated out now! Go in peace. Good night, everybody. It's been real.
Re: China Calling for One World Currency
[quote=runningman;729411]No I know that you have heard of globalization but I find it strange that when we are heading that way you disagree with me so much. A lot of the points I am trying to make is that we are heading towards a one world government, with a one world currency. I am part for it (globalization) but I am not sure about absolute control either.[/quote]
I just don't understand why you are prepared to make that leap from globalization to one world government and one currency??? I honestly see very little evidence that points that way...
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[quote=Shpira;729777]I just don't understand why you are prepared to make that leap from globalization to one world government and one currency??? I honestly see very little evidence that points that way...[/quote]
Jumping to conclusions? On the Politics forum? Surely not! :lol:
Re: China Calling for One World Currency
[quote=floridaorange;729441]Really? I thought this was in all seriousness one of the more substantiative and interesting threads I've read in the political forum yet and I have purposely not posted (for the record until now) because I frankly had nothing with much credibility to participate with. I think the debate is sound and evidence is solid by and large.[/quote]
Yeah, but tossed in with the substantive and interesting comments are some absolutely outlandish assertions. It's been a joy to read.
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Israel has started to bomb sudan.