‘Financial Nuclear Option’
Watching Bloomberg, it disturbs me the reactions of many senior American politicians on China’s Sovereign Fund investments, in their cash-starving American companies. They were very negative on the idea, and I fully agree with them!Why are we wasting our good, hard-earned money supporting an antagonizing, ungrateful dying moronic nation? We should plan for a ‘Life after Wall Street’!
Let’s sit and watch, respectfully; in silence, their 'Bear Sterns' die in many a more agony deaths.
We should spend our money repairing our own backyard.
Our economists should put on their thinking caps and draw out well planned investment strategies, not necessarily for short-term monetary gains; but invest for a prosperous, peaceful region with lasting stable economic and political environments. Building a future, a wealthy group of customers for our goods.
Most importantly, money should be spent in neighboring countries where Chinese people are greeted with welcoming smiles, and our ‘good-value-for-money’ goods are appreciated; not the racial abuse and physical assaults that’s now been thrown at us from Europe and the USA.
I really hope China will not be afraid to use the ‘Financial Nuclear Option’ on Pleosis’s government.
[[i] Last edited by Andy at 13-4-2008 07:27 [/i]]
Another option.
The financial nuclear option would be a nuclear winter for China, too. This is because a lot of China's prosperity is based on shipping goods to the US and the EU. An enormously more productive tactic would be to open an Internet media channel similar in format and variety to [url]http://www.dw-world.de[/url] with the material available in English.This would let westerners be better informed about China directly from China.
Another option.
The financial nuclear option would be a nuclear winter for China, too. This is because a lot of China's prosperity is based on shipping goods to the US and the EU. An enormously more productive tactic would be to open an Internet media channel similar in format and variety to [url]http://www.dw-world.de[/url] with the material available in English.This would let westerners be better informed about China directly from China. This is not a good idea in my opinion, if we do things like this we could also get hurt very bad, financially. I study accounting and finance in the UK, so I know a little bit about international money market....
The US is pulling all this to make China unstable. They are also forcing our currency to raise against the dollar. We hold something like 1.4 trillion US dollars in reserve, this is measures to stable our economy and maintain RMB value, as the Chinese RMB gets stronger, we lose money on our foreign reserves and our products lose competitive edge (value-for-money) aboard. Yes, we could sell just 20%of our US dollar reserve to bankrupt the America but we could also get hurt. 20 years of our work would be forgone to bring down the Americans and we will take even longer to recover. And "human rights" don't provoke wars, interests (money) do, for example, Iraq. We are not ready to take on the US just yet.
What I suggest is that we all work extra harder to build our country, let it become stronger, let us get rid of the cap that says "world factory", we need our own Microsoft, City Group, Toyota and etc. Stop copying them and let us innovate our own!!
I love my country and I am studying hard/ working hard to make it stronger.
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