China Crash 2011 - Part I: The repetition compulsion of central bankers - Eric Janszen

[Rajiv]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

The answer is the improve the prosperity of the bottom 50% of the people. The greater the prosperity at the grass roots of society, the greater the capacity to buy their own production.... of EVERYTHING.... NOT just armaments.

Well said! -- and therein lies the rub -- how to undo the stupidity of the last 30 years (and I choose the term thirty years deliberately, even though some of the first baby steps towards the ultimate stupidity were taken in 1962)

[oddlots]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

Classic. Thanks.

[Chris Coles]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

The KC is a tanker. The T-* series are two seat trainers.

Wriggly, how you doing? Yes, I did know that. I used the plural simply that if you have ever flown over an airfield, (above the MATZ - in a glider), that KC's fly out of, you will forever thereafter think of them in the plural....... all lined up like new cars stored on an airfield.

[Chris Coles]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

Well said! -- and therein lies the rub -- how to undo the stupidity of the last 30 years (and I choose the term thirty years deliberately, even though some of the first baby steps towards the ultimate stupidity were taken in 1962)

Thank you Rajiv. Did any of you read that Mervyn King has made a statement about the banks in New York earlier this week. We have turned the corner, yes, but still have a long way to go.... I will put this up as a new thread but here also.
Mervyn King says banking must be reinvented

"Of all the many ways of organising banking, the worst is the one we have today."
http://www.bbc.co.uk/blogs/thereport...king_must.html

[ThePythonicCow]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

I used the plural simply that if you have ever flown over an airfield, (above the MATZ - in a glider), that KC's fly out of, you will forever thereafter think of them in the plural....... all lined up like new cars stored on an airfield.

That makes sense. Thanks for explaining.

I'm doing well, thank-you.

My 20-something son just got a job (retail sales at Sears) in California. So there has been good news in my family today.

[Chris Coles]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

That makes sense. Thanks for explaining.

I'm doing well, thank-you.

My 20-something son just got a job (retail sales at Sears) in California. So there has been good news in my family today.

That is indeed good news; may he live long and prosper.

[sishya]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

This is what I guess they will do. The chinese leaders will claim parts of their neighbouring countries calling them Tibet or South Tibet or some other bullshit and wage war on India or
smaller Asian neighbours for Gold. Their hypnotized people who are also highly nationalistic will eat that logic and play the drama and voila their excess male population problem will be solved. Never trust the chinese, as our elders say(chinese India war 1962), they speak with forked tongue.

[bill]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

Who's flag did they burn?
http://www.itulip.com/forums/showthr...10027#poststop

7011 is at an all time low!
That is if you purchased yen a few years ago.
http://www.google.com/finance?q=TYO:7011

they are part of the core.
http://en.wikipedia.org/wiki/Zaibatsu


Now lets get to the excitement.

http://www.ibtimes.com/articles/9770...r-aircraft.htm

January 5, 2011 6:48 AM EST


China plans to begin test flight of its first J-20 stealth fighter as early as this month and plans to deploy them by 2017.
Photographs published online and Chinese military sources cited by the Japanese media indicate a test model of the J-20 fighter has been finished, with taxi tests carried out last week at an airfield in southwestern China.
Beijing appears to have completed a prototype of the stealth fighter, which Chinese experts are comparing to the US F-22 fighter, reinforcing the country's rapid military build-up, Japanese newspaper Ashai Shimbun reported quoting Chinese military sources.
The fighter will be equipped with large missiles and could reach island of Guam, a US territory in the western pacific with the aerial refuelling, the paper said.
The news comes just days before a visit to Beijing by US Defence Secretary Robert Gates, who will seek to mend military ties cut off a year ago by China when Washington sold billions of dollars in arms to its rival Taiwan.
The J-20, which is larger than the US Air Force's F-22 Raptor, will be equipped with large missiles and could fly to as far as Guam with aerial refuelling, Asahi said. It would still take another 10 to 15 years to develop technology to catch up with that of the US F-22, the article said.
The J-20 was undergoing high-speed taxi tests late last week at Chengdu Aircraft Design Institute's airfield, defence industry publication Aviation Week reported. 'It is larger than most observers expected - pointing to a long range and heavy weapon loads.'
The completion of the J-20 'has confirmed that the Chinese military is rapidly advancing the modernization of its air force while putting more effort into advancing to the open ocean', Asahi said. 'The move could have an impact on the military balance in East Asia.'

[touchring]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

http://www.ibtimes.com/articles/9770...r-aircraft.htm

I do not understand why people are so surprised that China can come out with sophisticated weaponry. As an industrial power, they already make everything, from the most high tech semiconductors to electronics, equipment and parts for aircraft, satellites, etc. This is almost like the USA 1930s. Making military hardware is only just one step away.

When I say that China is already a superpower, people look at me in amazement.

They got the money.

They got the technology.

They got the drive.

They got the people.

If they want, they can build 10 aircraft carriers battle groups in 5 years. They are not doing this yet because the current focus is on economic development.

[Chris Coles]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

Well said, and I am reminded of another maxim, never prod a sleeping bear.

[bill]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

. Making military hardware is only just one step away.
.

A GPS system coming.

http://www.wired.com/dangerroom/2010...ps-of-its-own/

Sunday’s satellite makes the fifth orbiter in the Beidou constellation, and the third launched this year. Another eight to 10 are supposed to be into space by 2012, providing regional coverage. By 2020, Beidou is supposed to ring the globe.
Which means China can get its own satellite-guided weapons — ones that hit within feet of their target, and stay on track in any weather.

http://www.yomiuri.co.jp/dy/business/T110105005032.htm

Jan. 6, 2011
The government plans to launch six or seven satellites over two years from 2014 to establish a Japanese version of the Global Positioning System that would be 10 times more accurate than GPS services currently available in Japan, according to a government source.

Tech transfer.
http://www.nanotechexpo.jp/en/index.html

China-Singapore Suzhou Industrial Park——the Chinese
"Nanotech Valley"

Suzhou Industrial Park (SIP) is a key cooperation project between Chinese and Singapore

governments.

[touchring]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

Tech transfer.
http://www.nanotechexpo.jp/en/index.html

Singapore is already a unofficial SAR of China, ironically follows China's orders even more obediently than Hong Kong.

[c1ue]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

A GPS system coming.

It is interesting - I've mentioned before that there are now at least 7 different GPS systems being put into play:

Besides the US' - Russia, China, Japan, the EU, Israel, and India are all either making noises or are actively deploying satellites.

[Chris Coles]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

Removed by author

[bill]

Re: China Crash 2011 - Part I: The repetition compulsion of central bankers – Part I: Let us raise up then crash the economy, again - Eric Janszen

Who's flag did they burn?
http://www.itulip.com/forums/showthr...10027#poststop

7011 is at an all time low!
That is if you purchased yen a few years ago.
http://www.google.com/finance?q=TYO:7011

they are part of the core.
http://en.wikipedia.org/wiki/Zaibatsu


Now lets get to the excitement.
[/URL]

http://www.telegraph.co.uk/news/worl...s-US-says.html

Wednesday 12 January 2011
Nevertheless, Mr Gates called on Japan, China's most powerful neighbour and rival, to bring forward its military technology by purchasing Lockheed Martin's F-35 to replace its obsolete fleet of F-4 Phantoms.

"The Japanese government is considering its purchase of its next-generation of the fighter aircraft," Mr Gates said in Beijing.

"That would give Japan the opportunity, if they bought the right airplane, to have a fifth-generation capability."

http://online.wsj.com/article/SB1000...091744070.html