EPTNorth Korea says/does surprising and alarming thing - Page 2
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Tera
France4 Posts
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ETisME
12824 Posts
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bjwithbraces
United States549 Posts
On January 24 2013 14:53 acker wrote: North Korea is the retarded chihuahua China insists on bringing to all its parties. Seriously, please train your pet, it's going to do something stupid someday. China doesn't like the regime in North Korea either. The only reason they've supported it, is because when(not if) North Korea implodes there will be a mass immigration of millions of starvation ridden people into China, who to be quite frank doesn't want to deal with that. | ||
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BronzeKnee
United States5225 Posts
On January 24 2013 15:31 bjwithbraces wrote: China doesn't like the regime in North Korea either. The only reason they've supported it, is because when(not if) North Korea implodes there will be a mass immigration of millions of starvation ridden people into China, who to be quite frank doesn't want to deal with that. The real reason is that China doesn't want a strong US ally like South Korean on their doorstep. North Korea is a convenient buffer. | ||
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thezanursic
5500 Posts
On January 24 2013 14:53 acker wrote: North Korea is the retarded chihuahua China insists on bringing to all its parties. Seriously, please train your pet, it's going to do something stupid someday. Made me chuckle. | ||
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HunterX11
United States1048 Posts
On January 24 2013 14:56 acker wrote: ...Or maybe North Korea is tsundere for US Aid. I don't know, it's hard to not laugh at North Korea's government nowadays. Their citizens are some of the unluckiest people on the planet, though. Not sure what we can do for them... That's the really sad part of all this: bribing North Korea not to build nukes was working just fine, and we had to go and fuck it up just out of principle. | ||
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bjwithbraces
United States549 Posts
On January 24 2013 15:33 BronzeKnee wrote: The real reason is that China doesn't want a strong US ally like South Korean on their doorstep. North Korea is a convenient buffer. Possible if China ever had any intention of vying with the U.S. which they don't. China will never go against the U.S. if it can be avoided. People that think China is this big creeping terror on our doorstep are dreadfully mistaken. The more debt that China buys is good for us. When you owe the bank $50,000 the bank for all intents and purposes owns you. When you owe the bank $5,000,000,000,000 or whatever the obscene number it is, you own the bank. If China ever decided to pursue an aggressive avenue we would default on our loans and they would be severely(putting it lightly) crippled. It's the same thing with Greece and the EU, if Greece defaults on the loans given to it by the IMF the EU will suffer. So for the sake of everyone they need Greece to do well. Just the same as China needs us to do well. Which comes back to why China could care less if a U.S. ally is next to it or not. Even if South Korea wasn't there the U.S. is right now the only country capable of putting military units into action anywhere on the globe with logistics and support. China is landlocked in the west with the Himalayas and their navy is to be honest non existent. Wal-Mart currently employs more people than are enlisted in the Chinese army. Since the cold war we've been living in a unipolar world with uncontested U.S. hegemony. Yes the next twenty to fifty years will see a surge within China as they make their way up to a super power. This will ideally tilt the balance of power away from a unipolar world back to a bipolar world like we saw in the Cold War. However if you've followed anything I've said, having China take the place of the Soviet Union is a favorable outcome for us because their success, growth, and development is intertwined with our ability to pay them what is owed. | ||
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Cortza
South Africa328 Posts
On January 24 2013 14:54 Weirdkid wrote: I don't quite understand. How are they intending to test out the missiles which are aimed at the US? Fire it at them? Or you can check for distance and accuracy by firing at something else. | ||
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sunglasseson
United States145 Posts
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Discarder
Philippines411 Posts
On January 24 2013 15:05 GhandiEAGLE wrote: Every time they do this and fail to act they become more of a laughingstock than before. There is no reason NK should be doing this. Then again, they are pretty warped as it is. To be honest, I don't want to think about the "Not failing to act" event. The National Security of US should check if N. Korea can pull off something like this. What if North Korea really doesn't care what happens to every one and forces the other countries to lift their hands. --from a paranoid parrot perspective :D | ||
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alphakennybody
35 Posts
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LittleRedBoy
United States229 Posts
On January 24 2013 15:56 bjwithbraces wrote: Possible if China ever had any intention of vying with the U.S. which they don't. China will never go against the U.S. if it can be avoided. People that think China is this big creeping terror on our doorstep are dreadfully mistaken. The more debt that China buys is good for us. When you owe the bank $50,000 the bank for all intents and purposes owns you. When you owe the bank $5,000,000,000,000 or whatever the obscene number it is, you own the bank. If China ever decided to pursue an aggressive avenue we would default on our loans and they would be severely(putting it lightly) crippled. It's the same thing with Greece and the EU, if Greece defaults on the loans given to it by the IMF the EU will suffer. So for the sake of everyone they need Greece to do well. Just the same as China needs us to do well. Which comes back to why China could care less if a U.S. ally is next to it or not. Even if South Korea wasn't there the U.S. is right now the only country capable of putting military units into action anywhere on the globe with logistics and support. China is landlocked in the west with the Himalayas and their navy is to be honest non existent. Wal-Mart currently employs more people than are enlisted in the Chinese army. Since the cold war we've been living in a unipolar world with uncontested U.S. hegemony. Yes the next twenty to fifty years will see a surge within China as they make their way up to a super power. This will ideally tilt the balance of power away from a unipolar world back to a bipolar world like we saw in the Cold War. However if you've followed anything I've said, having China take the place of the Soviet Union is a favorable outcome for us because their success, growth, and development is intertwined with our ability to pay them what is owed. I don't believe that China is actually buying more US government debt. As far as I know, Japan is now the #1 holder of US debt with China as #2. You are correct that China wants the United States to do well, but the United States would be hurt more than China if they openly defaulted on their debt. Default is inevitable, of course. Either the Federal Reserve will keep buying US Treasuries and destroy the dollar or the government will just have to tell creditors that they can't pay. China has problems of its own but it just seems like the United States has even bigger problems. | ||
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Travin
Sweden672 Posts
Historically their only option has been to stage incidents in DMZ, West sea or something else closely related to South Korea. But with nuclear weapons and long range ballistic missiles they now also has a weapon to attract attention from the world without fatal incidents. Part of me is happy that they are using this avenue rather than some other way that would actually kill people right now to get attention. However though nuclear threats don't directly kill people they are still extremely serious. Let's hope that they don't have something bad planned for the #1 incident day which is april 15 (Kim Il Sungs birthday). | ||
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wozzot
United States1227 Posts
On January 24 2013 16:55 LittleRedBoy wrote: I don't believe that China is actually buying more US government debt. As far as I know, Japan is now the #1 holder of US debt with China as #2. You are correct that China wants the United States to do well, but the United States would be hurt more than China if they openly defaulted on their debt. Default is inevitable, of course. Either the Federal Reserve will keep buying US Treasuries and destroy the dollar or the government will just have to tell creditors that they can't pay. China has problems of its own but it just seems like the United States has even bigger problems. lol Why TL should not be allowed to discuss fiscal policy wrote: China, the biggest foreign creditor of the United States, increased its holdings of US Treasury bills to $1.17 trillion in November, up $200 million from the previous month, the Treasury Department disclosed on Wednesday. According to the department's monthly Treasury International Capital report, November saw a rebound in foreign demand for US bonds despite concerns over unresolved fiscal-policy debates in Washington. Foreign investors bought a net total of $26.4 billion of Treasury notes and bonds during the month, more than double the $12 billion in net purchases recorded for October. [...] Lou Jiwei, chairman and CEO of China Investment Corp, the sovereign wealth fund, said that while China will continue to buy US government debt, the return on its investment doesn't look promising. "It is a very difficult decision," he said. Lou, a former vice-minister of finance, manages CIC's $410 billion in assets. He said US Treasurys are "still a safe asset right now, but you have to pay a big price to buy such safe assets", referring to continued low interest rates in the US. "If you don't buy them, your risk-aversion capability will be affected, but if you do, then the returns won't be very good," Lou said at the Asian Financial Forum in Hong Kong this week. [...] "Investment in US government debt is unavoidable, as dollar-dominated assets still generate good returns compared with assets denominated by other main currencies," said Qu Hongbin, the chief China economist with the HSBC. | ||
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Just_a_Moth
Canada1970 Posts
North Korea needs to go, before they actually do something for real. | ||
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ParamouR
Australia28 Posts
On January 24 2013 15:56 bjwithbraces wrote: Possible if China ever had any intention of vying with the U.S. which they don't. China will never go against the U.S. if it can be avoided. People that think China is this big creeping terror on our doorstep are dreadfully mistaken. The more debt that China buys is good for us. When you owe the bank $50,000 the bank for all intents and purposes owns you. When you owe the bank $5,000,000,000,000 or whatever the obscene number it is, you own the bank. If China ever decided to pursue an aggressive avenue we would default on our loans and they would be severely(putting it lightly) crippled. It's the same thing with Greece and the EU, if Greece defaults on the loans given to it by the IMF the EU will suffer. So for the sake of everyone they need Greece to do well. Just the same as China needs us to do well. Which comes back to why China could care less if a U.S. ally is next to it or not. Even if South Korea wasn't there the U.S. is right now the only country capable of putting military units into action anywhere on the globe with logistics and support. China is landlocked in the west with the Himalayas and their navy is to be honest non existent. Wal-Mart currently employs more people than are enlisted in the Chinese army. Since the cold war we've been living in a unipolar world with uncontested U.S. hegemony. Yes the next twenty to fifty years will see a surge within China as they make their way up to a super power. This will ideally tilt the balance of power away from a unipolar world back to a bipolar world like we saw in the Cold War. However if you've followed anything I've said, having China take the place of the Soviet Union is a favorable outcome for us because their success, growth, and development is intertwined with our ability to pay them what is owed. As the guy a couple of posts above me said, the USA defaulting on it's loans is going to harm the US more than it will China. Yes, China will suffer and the government will lose incredible amounts of rejected income, but given that they hold a floating exchange rate, and their virtual global monopoly over the manufacturing industry, the government's ability to provide cash injections isn't as vital an issue. That is a key difference between China and the EU. In China the government doesn't need to provide massive stimulus to maintain growth, even though they currently do. In the EU, countries economies are a lot more dependent on government influence, and all of them aside from Germany run budgetary deficits. The US defaulting will basically mean that the $US will be worth shit. No, it will be worth less than shit. It will be like when Zimbabwe had to start printing trillion dollar bills. We have already seen shifts away from the $US as the perceived 'safe' currency, and with this it will basically be impossible to import. The Commercial and Residential sectors of the US economy will collapse, and it will basically be goodbye USA. The USA has more to fear from China than China has to fear from the USA. Hell, China's holding of American currency (in the form of securities) is so ridiculously large, that if they were to dump it onto the market the $US currency would crash within a day due to oversupply. It is though, in China's interest to see the USA grow because they provide such a huge consumer base for their exports, and, of course, because of the interest revenue they are collecting, which in about a decade time, is projected to be about 20% of the US governments revenue. 20% of all US revenue. On interest only. This isn't even talking about repaying the loans - interest only. It's insane. | ||
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ETisME
12824 Posts
On January 24 2013 17:07 coasts wrote: Well, they said nuclear and rocket tests are aimed at a certain country, that's pretty much a threat. North Korea needs to go, before they actually do something for real. I actually think it is much less of a threat than a missile that isn't targetted anywhere specifically. that's a lot scarier than "I am targetting you S.Korea and USA bitchzzzzz" unpredictability is one of the worst things you can have in Politics. | ||
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FabledIntegral
United States9232 Posts
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iKill
Denmark861 Posts
On January 24 2013 16:50 alphakennybody wrote: North Korea, will probably launch them. We'll probably let them destroy a city or maybe more than one. Swiftly retaliate. After Globalize more in the act of "banding together" Further ripping away our sovereignty . Just my opinion. Ameeeeeeriiiiiiiiicaaaaaaaaaaaaaaa. Okay, that's probably not worth much, so I'll weigh in on the OP: I think North Korea is just posturing at this point, KJU knows he can't keep up appearances forever, so he's getting desperate. I may be wrong, but I honestly don't think NK has the balls to fire missiles at the US or SK, considering it's basically going to mean the end of the NK gov. | ||
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FabledIntegral
United States9232 Posts
On January 24 2013 15:56 bjwithbraces wrote: Possible if China ever had any intention of vying with the U.S. which they don't. China will never go against the U.S. if it can be avoided. People that think China is this big creeping terror on our doorstep are dreadfully mistaken. The more debt that China buys is good for us. When you owe the bank $50,000 the bank for all intents and purposes owns you. When you owe the bank $5,000,000,000,000 or whatever the obscene number it is, you own the bank. If China ever decided to pursue an aggressive avenue we would default on our loans and they would be severely(putting it lightly) crippled. It's the same thing with Greece and the EU, if Greece defaults on the loans given to it by the IMF the EU will suffer. So for the sake of everyone they need Greece to do well. Just the same as China needs us to do well. Which comes back to why China could care less if a U.S. ally is next to it or not. Even if South Korea wasn't there the U.S. is right now the only country capable of putting military units into action anywhere on the globe with logistics and support. China is landlocked in the west with the Himalayas and their navy is to be honest non existent. Wal-Mart currently employs more people than are enlisted in the Chinese army. Since the cold war we've been living in a unipolar world with uncontested U.S. hegemony. Yes the next twenty to fifty years will see a surge within China as they make their way up to a super power. This will ideally tilt the balance of power away from a unipolar world back to a bipolar world like we saw in the Cold War. However if you've followed anything I've said, having China take the place of the Soviet Union is a favorable outcome for us because their success, growth, and development is intertwined with our ability to pay them what is owed. .... it would hurt the U.S. exponentially more than China if default were to happen .... | ||
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