Yuanwang 4 Sunk by Carrier killer missle DF21 in One test?

[Thomas]

The problem is always more severe with undersupply than oversupply. Our economy is far less export oriented than Germany, South Korea, Japan and other US "allies". A US collapse would hurt us, but the US would be completely gone, and so would its attack dogs.

Then you must be much smarter then then many of the worlds economists.

First we are not talking just about a U.S. collpase. The current world financial problems are nothing compared to what could happen. Even during the depression of the 1930's which was worse then the current mess. Things could have been much worse.

If the U.S. reaches a point of total collapse there would be a domino effect through-out the world. China's exports would slow to a trickle. and it would lose trillions in foriegn investment.

However all the countries of the world would survive. Though many will experience political upheavel. Also don't forget, currently as large as you believe China's economy to be. It is still only about 1/3 of what the U.S. is.

 

[Obambam]

Then you must be much smarter then then many of the worlds economists.

First we are not talking just about a U.S. collpase. The current world financial problems are nothing compared to what could happen. Even during the depression of the 1930's which was worse then the current mess. Things could have been much worse.

If the U.S. reaches a point of total collapse there would be a domino effect through-out the world. China's exports would slow to a trickle. and it would lose trillions in foriegn investment.

However all the countries of the world would survive. Though many will experience political upheavel. Also don't forget, currently as large as you believe China's economy to be. It is still only about 1/3 of what the U.S. is.

How America can get out of its current and future situations depends heavily on its political and financial structures. America needs a complete reform if they want to get out of the hole.

I am not sure where you get your figures from, but China's export to the American market is no where near as big as what you said it to be, cartainly not into trillions. Chinese investments and exports are very diverse and it is worldwide.

It's only a matter of time before China surpasses the US followed by other emerging developing countries such as India, Russia and Brazil etc. Unless they take drastic measures now to turn things around as the world cannot carry America forever.

 

[Thomas]

How America can get out of its current and future situations depends heavily on its political and financial structures. America needs a complete reform if they want to get out of the hole.

I am not sure where you get your figures from, but China's export to the American market is no where near as big as what you said it to be, cartainly not into trillions. Chinese investments and exports are very diverse and it is worldwide.

It's only a matter of time before China surpasses the US followed by other emerging developing countries such as India, Russia and Brazil etc. Unless they take drastic measures now to turn things around as the world cannot carry America forever.

There are numerous sources but here is a nice article

http://www.nytimes.com/2011/01/12/business/global/12yuan.html

"The Chinese foreign reserves leaped by $199 billion in the fourth quarter, to $2.85 trillion. The increase was much larger than economists expected, and the numbers suggested that China had about doubled its intervention in currency markets to about $2 billion a day."


When I talked about exports I was talking about all of China's exports, Not just to the U.S.

Even China's leaders have recognized their economy was too export driven.

http://www.nytimes.com/2010/06/25/world/asia/25china.html

 

[below_freezing]

Then you must be much smarter then then many of the worlds economists.

First we are not talking just about a U.S. collpase. The current world financial problems are nothing compared to what could happen. Even during the depression of the 1930's which was worse then the current mess. Things could have been much worse.

If the U.S. reaches a point of total collapse there would be a domino effect through-out the world. China's exports would slow to a trickle. and it would lose trillions in foriegn investment.

However all the countries of the world would survive. Though many will experience political upheavel. Also don't forget, currently as large as you believe China's economy to be. It is still only about 1/3 of what the U.S. is.

If you listen to the world's "leading economists" when investing you'll become a beggar in days. What they say in public and what they do themselves is totally different and anyone with a brain knows that.

Trillions in FDI? China's total FDI is 100 billion. What are you talking about. The investment isn't in liquid assets either, the physical investments can't be moved off shore period.

"China's growth comes both from huge state investment in infrastructure and heavy industry and from private sector expansion in light industry instead of just exports, whose role in the economy appears to have been significantly overestimated.[18] The smaller but highly concentrated public sector, dominated by 159 large SOEs, provided key inputs from utilities, heavy industries, and energy resources that facilitated private sector growth and drove investment, the foundation of national growth. In 2008 thousands of private companies closed down and the government announced plans to expand the public sector to take up the slack caused by the global financial crisis.[19] In 2010, there were approximately 10 million small businesses in China.[20]"

Economy of the People's Republic of China - Wikipedia, the free encyclopedia

Exports are 1.5 trillion out of 6 trillion: 25% of the economy. On the other hand for Germany, it's 1.1 trillion out of 3 trillion: 33% of the economy.

Also, you may have forgotten a basic fact about communist governments: they have sweeping authority to regulate the economy. If the US were to collapse and depress DEMAND, the government can supply the DEMAND. but the US has a much more serious problem: it loses its SUPPLY and it is much harder to increase SUPPLY than for the government to simply buy things. With a much lower supply, prices would SKYROCKET in the US and cause riots, while in China, the excess (temporarily) supply would depress prices for manufactured goods which would increase the effective purchasing power of peasants, resulting in an even more stable society.

You have no clue what the difference between foreign reserves and FDI is. Please don't mislead others.

 

[Thomas]

If you listen to the world's "leading economists" when investing you'll become a beggar in days. What they say in public and what they do themselves is totally different and anyone with a brain knows that.

Trillions in FDI? China's total FDI is 100 billion. What are you talking about. The investment isn't in liquid assets either, the physical investments can't be moved off shore period.

"China's growth comes both from huge state investment in infrastructure and heavy industry and from private sector expansion in light industry instead of just exports, whose role in the economy appears to have been significantly overestimated.[18] The smaller but highly concentrated public sector, dominated by 159 large SOEs, provided key inputs from utilities, heavy industries, and energy resources that facilitated private sector growth and drove investment, the foundation of national growth. In 2008 thousands of private companies closed down and the government announced plans to expand the public sector to take up the slack caused by the global financial crisis.[19] In 2010, there were approximately 10 million small businesses in China.[20]"

Economy of the People's Republic of China - Wikipedia, the free encyclopedia

Exports are 1.5 trillion out of 6 trillion: 25% of the economy. On the other hand for Germany, it's 1.1 trillion out of 3 trillion: 33% of the economy.

Also, you may have forgotten a basic fact about communist governments: they have sweeping authority to regulate the economy. If the US were to collapse and depress DEMAND, the government can supply the DEMAND. but the US has a much more serious problem: it loses its SUPPLY and it is much harder to increase SUPPLY than for the government to simply buy things. With a much lower supply, prices would SKYROCKET in the US and cause riots, while in China, the excess (temporarily) supply would depress prices for manufactured goods which would increase the effective purchasing power of peasants, resulting in an even more stable society.

You have no clue what the difference between foreign reserves and FDI is. Please don't mislead others.

I think you mistake my saying "foriegn investment" instead of foriegn reserves. and if you look at the follow up posts you will see what I meant. China is now investing upwards of 2 billion dollars a day. if the economies of the world collpased you can say good by to most of that money. All the money invested in bonds....gone! Not to mention the millions of jobs that would be lost. but hey if you want to sieze upon the use of a word rather then admit how co-dependent China is with the rest of the worlds economies then so be it.

http://www.nytimes.com/2011/01/12/business/global/12yuan.html

 

[Akasa]

It's not, but what he's saying is that not stopping it doesn't mean the end of an AC. If a DF-21D can land a direct hit, it'll carry a punch for sure, but enough to sink a supercarrier? That's doubtful.

The mere impulse of the impacting missile will cause the hull to resonate. The aircraft carrier will shatter this way. Then we have the 600 kg warhead kicking in.

 

[Hafizzz]

I doubt this news because if it is true the west media will definitely report it.

Western Media probably don't want to talk about it just like they downplayed the new J20 stealth jet.

 

[below_freezing]

I think you mistake my saying "foriegn investment" instead of foriegn reserves. and if you look at the follow up posts you will see what I meant. China is now investing upwards of 2 billion dollars a day. if the economies of the world collpased you can say good by to most of that money. All the money invested in bonds....gone! Not to mention the millions of jobs that would be lost. but hey if you want to sieze upon the use of a word rather then admit how co-dependent China is with the rest of the worlds economies then so be it.

http://www.nytimes.com/2011/01/12/business/global/12yuan.html

Sigh, you have no idea what you're talking about. Foreign reserves and GDP are completely different concepts and measure completely unrelated things. Foreign reserves are not counted as part of GDP and do not affect the physical economy. There is no point talking with people of low education and low IQ who do not even attempt to research a topic in even shallow depth.

 

[ThatDamnGood]

Sigh, you have no idea what you're talking about. Foreign reserves and GDP are completely different concepts and measure completely unrelated things. Foreign reserves are not counted as part of GDP and do not affect the physical economy. There is no point talking with people of low education and low IQ who do not even attempt to research a topic in even shallow depth.

Yang guei dun understand that US reporters need to learn economics properly. But hell, I like to see Krugman be made Treasury Sec or Fed Chairman and print even more than Benanke would.

USA-college-education-shocking-new-research-that-proves-that-our-college-students-are-learning-next-to-nothing

Its because of the above that I am reluctant to go to the world affair forum. Too US dumbos.