Tough Guys

[aZooZa]

Originally Posted by DoubleTap

I could appreciate them respecting his Muslim faith, but reading this article, Telegraph Article, it seems that that wouldn't have anything to do with it, it's standard procedure not to return the bodies!

Well, 'easier' then. You're probably right, they couldn't give a shi* anyway.

[davedevelopment]

Originally Posted by aZooZa

The UK just needs to take care of its own. I'd be interested to hear what it is we need from China or anyone else for that matter. We are completely self-sufficient. All we need to do is fill in that freaking 'chunnel' and commission three or four more Vanguard-class Trident subs, along with a serious beefing up of the RAF, Royal Marines and the Army.

It's just my own opinion, but I say 'screw them all' and 'don't call us, we'll call you'.

Apparently we're the fourth highest spenders on military and we've still not got enough firepower for aZooZa!

List of countries by military expenditures - Wikipedia, the free encyclopedia

Wonder what we spend per square mile compared to the others!

[GreyWing]

There is a good chance the real reason they don't give his body back is because they sold off his organs.

They don't execute some people over there until they have someone waiting for their organs.

When an order comes in, your time is up.

[aZooZa]

Originally Posted by GreyWing

There is a good chance the real reason they don't give his body back is because they sold off his organs.

They don't execute some people over there until they have someone waiting for their organs.

When an order comes in, your time is up.

Amen... If there's a buck in it, these barbarians will take it. Coc*suckers.

[aZooZa]

Originally Posted by davedevelopment

Apparently we're the fourth highest spenders on military and we've still not got enough firepower for aZooZa!

List of countries by military expenditures - Wikipedia, the free encyclopedia

Nope. We haven't and you're bang on son.

[scooter]

I said yen which is wrong, it's actually yuan. A third of their $2 trillion is not in $

A third of the US $ they do hold they have bought long term bonds from the US government, (which they can trade if they wish) so they do not need to worry about the current US $

Their currency has not been tied to the $ for the last 2 years. Since then the value of the yuan has increased 19% over the $. As they are the largest holder in the world of US $ outside America, they now influence the state of the US $.

The main stumbling block (if you can call it that, or just good very good management) is the yuan has never been made available to the international markets as a trading currency until now.

In October they issued $800 million worth of yuan in bonds for sale. This is a toe in the water scenario and very astute timing. They will drip feed the market for quite a while and as they do, the value of the yuan will not decrease against the dollar it will increase.

They are very clever and are not greedy like the west. "he who waits" and all that. They will let the world take little bites of what they offer and in a few years time, these little bites will become large chunks.

If you look at it from an investors view, all will want a "bite" of the yuan as it becomes available. They sit on $2 trillion hard disposable cash, and have the power to manipulate the (current) worlds greatest economic power.

Yes, if they dispose of the $ in a superlarge quantity they will decrease the value of the yuan, bit as it has risen 19% in the last 2 years, they can comfortably take that hit. But they are smart, they have patience, they are in no hurry to dispose of. They want to drip feed their own currency onto the international market and let the investors decide.

Here's an interesting article from January this year where Obama states China is manipulating the yuan. No surprise there. It's what the US has been doing for decades. It is just that now, there is a force to match the US and they (obviously) don't like it.
Obama believes China manipulating yuan: Geithner | Reuters

Roll forward to October this year and here once again we have America moaning about the stranglehold China has on their $
BBC NEWS | World | Asia-Pacific | US criticises 'inflexible yuan'

The US has to get used to this (but be prepared for lots of rattles thrown out of the pram over the coming years), in 10 years time it will be China that emerges as the worlds stongest economy and i believe it will be the yuan that will be traded the most.


Greywing, let's agree to disagree and bookmark this thread and take a look in a decade.


.

[GreyWing]

Not sure we are disagreeing to be honest mate, there is no doubt that China is on it's way up and the USA esconomy is on it's way down in the world of dominance.

However what I disagree with is the fact that people think it's going to switch like a light bulb in a few days.

What the people of thre USA don't understand as of yet is that no country is dominant in this world for more than 50-100 years at a time.

Some could argue that the latest Gulf war was over the fact that Saddam was about to switch to selling oil in Euro's.

But when you talk about bonds, those bonds will be valued in dollar's. China buys bonds long term or short term in dollar's. So when China comes to cash them in at the end of their contract, they will be paid back in Dollar's. So it's not in their interest to crash the dollar.

What peeves me off about the US is that they hold sod all foregin currency. Therefore their economy is based in selling oil, oil is running out. In my view, once that ends, the USA will be like a third world country.