Monday, August 20, 2012

China Sea's Gathering Storm

There have been disputes with the islets between China, Taiwan, Japan, Korea, Philippine and Vietnam for the oil in the near-by ocean. The disputes have been mild for over 40 years  and no side wants to do anything until now. All these countries would not want to agitate China and China would not want to harm the trades. Now, US wants to side with countries against China. With the backing of US's Seventh Fleet and the US's promises (hidden but quite obvious to me), all these countries suddenly cry out loudly.

It is US's intention to be #1 or the big brother again in this part of the globe. It is not a wise decision unless we still live in the past glory when you're either my puppet or my enemy. Most likely, it is decided by the politicians who want to divert our attentions as they cannot resolve our problems.

China would withdraw the loans and we would be back to the worst depression in our history.

We cannot afford another war. We've spent 1,365 billions in the two current wars so far. We cannot visualize how much is one billion or one trillion. The current tallest building in the world (in Dubai) costs about 1.5 billions. We can build about nine hundred (900, not a typo) tallest buildings in the world and guess how many jobs would be created.

Not to mention the human suffering. China is not a tiger, but it is far from a paper tiger. Japan's navy is stronger than most folks in US can dream of. Japan has been the aggressor to China for centuries and has been war criminals against Korea and China in WW2.

As usual, we always pick up the brick, aim and hit our own big toe. It was Vietnam, then the Middle East wars and now South China Sea. We never learn lessons from French, Brits and Russians who had been to Vietnam, Afghan and lost big.

No politicians would tell you all our troubles is caused by the high expense of the wars. We have 20 years of secular bear market due to the Vietnam War, followed by 20 years of secular bull market  due to lack of major war, and now 12 years and still counting due to the Middle East Wars. I rest my case.



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1 comment:

  1. If China started all these, they grossly miscalculated, and grossly under-estimated US's military might.

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