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Coup Rumours in China

Started by Jacob, March 21, 2012, 11:46:21 PM

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Razgovory

Quote from: Tamas on March 23, 2012, 03:51:06 AM
Are we, as Europeans and North Americans, really supposed to be wary of major Chinese troubles? I mean, an other division of the country, where a socialism -> democracy move would surely lead them, would, after a period of instability, sort of save our economies? Chinese collapse would mean: cheaper commodities, and the need to move a lot of production back to the developed world. :contract:

It would also mean instability in a nation with nuclear weapons, and the possible replacement of current regime with something much, much worse.  Also if the Chinese were collapsing, they might call in all our debts.
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

DGuller

Quote from: Razgovory on March 23, 2012, 06:23:21 AM
Also if the Chinese were collapsing, they might call in all our debts.
No, they can't.  There is no call option on the government bonds.

Razgovory

Quote from: DGuller on March 23, 2012, 08:01:27 AM
Quote from: Razgovory on March 23, 2012, 06:23:21 AM
Also if the Chinese were collapsing, they might call in all our debts.
No, they can't.  There is no call option on the government bonds.

I didn't know that.
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

Jacob

I suppose that it's possible that chaos in China would only lead to opportunities, economic development and a whole host of other benefits to the West; I'm not enough of an economist (i.e. not at all) to have any real insight into that. Personally I think it would be a bad thing, even from a purely self-centered Western perspective, but that's just a hunch. If anyone know of any cogent analysis on the subject, I'd love to read it.

Razgovory

I don't know how much economic benefit we got from Russia collapsing through out the 1990's.  Sure we got Dguller, and I'm sure he's very good at his job, but we also got legions of Russian hackers and spammers.
I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

Ed Anger

QuoteSure we got Dguller

NOT A POSITIVE. JUST SAY NO TO SLAVS.
Stay Alive...Let the Man Drive

The Minsky Moment

Quote from: DGuller on March 23, 2012, 08:01:27 AM
Quote from: Razgovory on March 23, 2012, 06:23:21 AM
Also if the Chinese were collapsing, they might call in all our debts.
No, they can't.  There is no call option on the government bonds.

True, but they could dump their whole inventory and crash the market.
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
--Joan Robinson

Razgovory

I've given it serious thought. I must scorn the ways of my family, and seek a Japanese woman to yield me my progeny. He shall live in the lands of the east, and be well tutored in his sacred trust to weave the best traditions of Japan and the Sacred South together, until such time as he (or, indeed his house, which will periodically require infusion of both Southern and Japanese bloodlines of note) can deliver to the South it's independence, either in this world or in space.  -Lettow April of 2011

Raz is right. -MadImmortalMan March of 2017

CountDeMoney

Quote from: The Minsky Moment on March 23, 2012, 10:17:55 AM
Quote from: DGuller on March 23, 2012, 08:01:27 AM
Quote from: Razgovory on March 23, 2012, 06:23:21 AM
Also if the Chinese were collapsing, they might call in all our debts.
No, they can't.  There is no call option on the government bonds.

True, but they could dump their whole inventory and crash the market.

Oh please, let them.

Jacob


CountDeMoney

Quote from: Jacob on March 23, 2012, 12:01:39 PM
Quote from: CountDeMoney on March 23, 2012, 10:20:54 AMOh please, let them.

You're such a blowhard  :lol:

No, I want to see what happens.  I bet we handle the aftermath better than their inflexible, artificial and corrupt construct.

Neil

You figure your inflexible, artificial and corrupt construct is better than theirs?
I do not hate you, nor do I love you, but you are made out of atoms which I can use for something else.

CountDeMoney

Quote from: Neil on March 23, 2012, 02:13:09 PM
You figure your inflexible, artificial and corrupt construct is better than theirs?

Yes.  Yes, I do.

Barrister

Quote from: Ed Anger on March 23, 2012, 10:14:18 AM
QuoteSure we got Dguller

NOT A POSITIVE. JUST SAY NO TO SLAVS.

:mad:
Posts here are my own private opinions.  I do not speak for my employer.

Ed Anger

That's right, you are a beet too.
Stay Alive...Let the Man Drive