Sunday, March 05, 2006

China - World Domination...

Re(1): 'JOURNAL: When China Derails', Global Guerillas, John Robb
Re(2): 'Big Bangs', Global Guerillas, John Robb
Re(3): 'Mighty Chinese Armada spotted rounding South Korean peninsula!!!', Me!!!

Boing...
China is the Borg
We will be assimilated!!!

Boing...
Japan is the Borg
We will be assimilated!!

Boing...
The Soviet Union is the Borg
We will be assimilated!

On a post at Global Guerrillas John Robb posits that China may disintegrate rather than dominate. I think that is highly likely and commented as follows:
Getting my tinfoil hat out...

Is there a possibility that economic forces were used in a peaceful conflict with Japan in the 90's?

Remember the commentary that Japan was purchasing America, was outstripping our production, was competing us into oblivion, was too important to challenge because of the debt load it held over our head. Many of the same arguments noted above stating that the impending collapse of China's economy would destroy its polity and recall assets back from the United States were made in the 80's regarding Japan. Pat Buchanan ran a presidential campaign on such constructs.

Would you pull money out of U.S. backed securities or U.S. multinational Fortune 500 companies to reinvest into a collapsing state? Japanese investors who ‘bought on the bubble’ did have to ‘fire sale’ speculative real-estate in the early 90’s. And, their economy is only now reviving.

The interesting element of China is this: Is the vast majority of the U.S. debt load controlled by the government of China or by investors and individuals? The answer to that may inform us of how a political and economic collapse in China affects our
polity and economy.

Regardless, I think you are largely correct. China, like the Soviet Union, North Korea, Iran, Syria, Saudi Arabia, etc. are hollow entities and will collapse spectacularly. I think your previous post ‘Big Bang’ plays an enormous role in these interesting times.

At least we will have something to talk to our grand children about!!!
Because I have caveated the comment (and hence this post) with the crossed fingers tin-foil hat clause this post shall not be subject to the ‘My Flameout’ list if disproved by an intrepid commenter. Still, a discussion would be welcome - and if someone completely clobbers the thought I might stick it in the anti-memory hole of the Flameouts as a token entry. Still waiting for the first Flameout...

Definitely visit John Robb’s Global Guerillas site.

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