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  1. LeveragedBuyout

    "We will wait 100 years...."

    If you don't know, say you don't know. Don't fabricate some fantasy just to bolster your argument, it makes you lose credibility. Newlands Resolution - Wikipedia, the free encyclopedia Please define "Chinese territory" and "modern era," so we can have a common basis for discussion.
  2. LeveragedBuyout

    "We will wait 100 years...."

    Normally, I would agree with you on this point, but China has shown itself to be an exceptional student of history. It was able to replicate the Japanese/Asian Tiger model on a massive scale, and achieve an unprecedented run of economic growth. Similarly, looking at how Japan's rise caused...
  3. LeveragedBuyout

    "We will wait 100 years...."

    That's a fair assessment, and I certainly understand it. In fact, I seem to recall discussing with @Chinese-Dragon that despite the high-minded call of Westerners to implement democracy in China, it might actually be the case that the CCP is the restraining factor on an increasingly aggressive...
  4. LeveragedBuyout

    "We will wait 100 years...."

    Technically, our largest trading partner is Canada, but the point is valid nevertheless. It's a good thing I know many good, thoughtful, pragmatic Chinese in real life. Otherwise, based on PDF, one might think that most Chinese think about toppling the liberal Western order 18 hours a day...
  5. LeveragedBuyout

    Japan adopts corporate governance code

    This is a great move, although it took long enough (Interview: Japan’s Corporate Governance ‘Tipping Point’ ). Stronger corporate governance will increase Japanese competitiveness and productivity, distribute the wealth a bit to shareholders (and thus hopefully boost consumer spending a bit)...
  6. LeveragedBuyout

    BATTLE REPORT #16 Fall Gelb:Blitzkrieg 1940

    Another impressive analysis, @AUSTERLITZ , and welcome back. Out of curiosity, what does modern military theory dictate as the response to blitzkrieg, in order to counter its effects? In other words, can it be stopped during execution, or are the weaknesses you illustrated above (e.g. defense...
  7. LeveragedBuyout

    Korea's Export Engine Slips into Reverse as Japan Steps on the Gas

    I don't see where it's overplayed: if China's exports to the US suddenly vanished, China would enter a major depression (and probably the US would as well). Here are the points to consider: 1) Is it easier to replace a supplier (supply), or an export market (demand)? 2) Who is harmed more by...
  8. LeveragedBuyout

    Venezuela to Double Oil Output with Russian Support

    Between Saudi's attempt to protect market share, the pre-drilling of wells in the US in preparation for fracking should the oil price recover, and now this... it is a great day to be a member of the free world. The bad actors are going to start tearing themselves apart in their struggle to stop...
  9. LeveragedBuyout

    Korea's Export Engine Slips into Reverse as Japan Steps on the Gas

    But that further strengthens my point: if China stops trading with countries that provide it with a trade surplus (e.g. the US), that will greatly harm China's exports, and thus severely affect China's economy. Demand is not an easy thing to substitute. Yet @Genesis was largely dismissive of...
  10. LeveragedBuyout

    Korea's Export Engine Slips into Reverse as Japan Steps on the Gas

    That Wikipedia entry shows the US as China's largest trading partner by a significant margin. What did you mean when you said "the US barely registers in terms of total trade with China"? More importantly, why do you believe China would be unaffected if that trade disappeared (e.g. the...
  11. LeveragedBuyout

    Korea's Export Engine Slips into Reverse as Japan Steps on the Gas

    @SvenSvensonov Not sure what happened to your post, but I can't tell if those numbers are for SK in general, or SK-China trade only. Based on this site, it appears SK runs a trade surplus with China: South Korea: Trade Statistics >> globalEDGE: Your source for Global Business Knowledge
  12. LeveragedBuyout

    Korea's Export Engine Slips into Reverse as Japan Steps on the Gas

    Et tu, @Genesis ? Disappointing. OEC: China (CHN) Profile of Exports, Imports and Trade Partners Destination of China's exports:
  13. LeveragedBuyout

    When a Japanese Carrier escorts an American Carrier

    Thanks for that enlightening analysis. While I am aware of current tensions between the US and Japan when it comes to countries like Iran and Russia (with Japan attempting to grow those relationships, while the US attempts to isolate Iran and Russia), I was unaware of the pre-1980s friction...
  14. LeveragedBuyout

    When a Japanese Carrier escorts an American Carrier

    Aren't those somewhat far away, though, not providing much more benefit than simply pulling back to Guam or Saipan? What about the Daito Islands, can they be built up sufficiently to host the US? The population there is quite low, but they still seem to be geographically relevant given their...
  15. LeveragedBuyout

    When a Japanese Carrier escorts an American Carrier

    I realize that at 1% of GDP, Japan technically has capacity to expand its military spending, but from where will the financing come? Increased debt, or is another area of the budget being cut to make room for these expenditures? Japan still runs a deficit over 3% of GDP, while the US just fell...
  16. LeveragedBuyout

    When a Japanese Carrier escorts an American Carrier

    Beautiful sight. Where is Japan getting the money for its defense build-up, though? While I welcome the transition to a more symmetrical relationship (indeed, hopefully Japan can replace the US outright with its own solders in Okinawa and put that issue to bed once and for all), is this...
  17. LeveragedBuyout

    Toyota zooms to record Y2.17 tril profit on U.S.

    So much for the significance of our "insipid trade tariffs." The US is resilient because anyone can compete and win here, as Americans are pragmatic about consumption (quality and price). That said, you're welcome!
  18. LeveragedBuyout

    Asia's Economic Miracle: Dead and Buried?

    Yes, that's the part I was focused on. It's only a third of the size of China's manufacturing as a percent of GDP, even as our economy has been much larger. Offshoring was a conscious plan by US and European companies, but it's yet to be seen if China will do the same (highly doubtful). And...
  19. LeveragedBuyout

    Asia's Economic Miracle: Dead and Buried?

    Not specifically directed at you, but rather, an entire cohort of Chinese users. I can't tell you how many times that chart of manufacturing value added has been posted by Chinese users, but it's been so often that I've almost memorized it. Manufacturing is a small contributor to the US...
  20. LeveragedBuyout

    China’s ‘rent-a-foreigner’ industry is booming

    I won't deny that I look down on that aspect of China, but the prime victims of that are the Chinese themselves. Either they will solve it, or they won't, but we can't do much about it. If they solve it, great--they will converge with the West, and someday, we may think of China in the same...
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