Bloomberg: China risks repeating the mistakes of the Soviet Union in the confrontation with the United States

[Brainsucker]

The US can comfortably spend $1-1.2T on defense today. The US is already a $23T economy and growing fast with total national wealth of $142T.

Comparisons to the Soviet Union are utter nonsense. They were an economic backwater spending 20%+ of GDP on defense.

So US economy is $23T? But their debt is bigger than that. Isn't that they're in danger economically?

 

[MH.Yang]

US is in decline mostly in the mentality of its people, not GDP. You two are talking cross each other.

If communism is not ready for the time, why wasting your limited life time practicing it? Doesn't that ruin your own life as well as those touched by communism? Much like having sex and forcing others to have sex long before reaching puberty.

We can first lead the world to a multipolar era. Secondly, we can refuse the free convertibility of CNY. If the dollar collapses and CNY cannot be exchanged, the world currencies will inevitably diversify, which is also conducive to the development of communism.
China can first enter socialism similar to northern Europe, and then find an opportunity to realize communism.
We can wait, even for a thousand years.

 

[nang2]

We can first lead the world to a multipolar era. Secondly, we can refuse the free convertibility of CNY. If the dollar collapses and CNY cannot be exchanged, the world currencies will inevitably diversify, which is also conducive to the development of communism.
China can first enter socialism similar to northern Europe, and then find an opportunity to realize communism.
We can wait, even for a thousand years.

I have to say. You have some very unique and strange view about communism and how it may come about.

However, I do believe that after one thousand years, there will still be people who believe in communism and strive for it if human beings haven't destroyed themselves yet.

 

[DJ_Viper]

it’s an interesting read seems the yanks are really shit scared. See the yanks ,the west , India and Australia are severely in debt.There economies are in taters and sustaining defense spending at this rate will be very hard. While China has a net positive economy with a surplus of 3-4 trillion $ and this trend is on the rise with US recovery. To keep its people happy it would need to let them buy cheap Chinese electronics and goods like iPhones and big screen tvs. Distractions, filed by lending.

The key reason why the Russians failed and the UsSR broke was the un parried defeat in Afghanistan, this broke the illusion of the Russian might , 10-15 years before that the west was on the same losing wicket in Vietnam. It was the relative strength of the US economy at the time that saved America from disintegration. There were severe concessions given to folks in the US , more freedoms and more social spending to quell the tide of unrest.

now with the complete defeats of nato in Afghanistan after a 20 year war the world is no longer looking only at the west. There are significant cracks in strategy Europe wants its own way and a recovery fueled by China while the us wants a recovery fueled by China but also keep the veneer of capability in place.

so I’m conclusion the Indian banya mindset of equating spending with capability is not really true, if this were the case india would have conquered Pakistan, paksitan would not have invaded India 4 times and would not be thinking of trying another 5-10 times till final victory, nato where only the yanks spent 2 trillion would not have lost against Taliban and Pakistan ……….India should be very fearful right now if it made an example for the west to showcase Chinese might with Pakistani support … a very painful bulcanization of india will take place

k


mare we counting ships again, the Chinese navy today is the worlds largest navy. In 10 years when the first ssn roles out China will have 3-6 super carrier barrel groups with 40+ ssns. Will the Australian economy be able to sustain an economic blockade by the Chines for 10 years? All will thier be regime’s change when the Australian people suffer from jobless

will it though the, will there be more social spending or defence spending because if the economy keeps contracting sustaining a large defence budget would no longer be possible….. This is something Biden knows and his 3.5?trillion budget would only work if he reduces defense spending………. Basic politics and economics.



this is such a banaya view you hold. Do you have any sense of how things work. What you are saying is the defense budget off all these countries is one and hence we can add them up , same is true for force projection ,you consider these to be one force.

Vietnam, South Korea , Taiwan or Japan will never ever get onboard with an invasion or conflict with China unless they are specifically attacked . So say india is attacked by China and Pakistan there will be no real military support from any of the the west or quad countries. This would mean large swaths of Indian territory losses in Punjab , Gujarat and northern india. At that point the question will be why would the rest of India not become smaller states as there is no Real ethnic bind between the people of say Khalistan and naga land?

k

Oh boy, you must be REALLY pissed off at us Americans! I can't write a fiction book like you did. Here is for you, if you can read numbers and make some sense out of them. This was posted in June after Fed's quarterly assessment. Enjoy! China can jump up and down for another 25 years and it can't come halfway close. I'm not even putting in numbers from Australia, UK, India and EU.

Household net worth climbs to $136.9 trillion, thanks to big stock market gains

The total balance sheet for households and nonprofits rose to $136.9 trillion in the first quarter, a 3.8% gain from the end of 2020

www.cnbc.com

 

[Nasr]

Bloomberg, the piece of Wall-Street/Washington-DC/Zionist-Scum. The Western Mainstream Media is like a $2 prostitute promoting Zionist agenda.

 

[Khan vilatey]

Oh boy, you must be REALLY pissed off at us Americans! I can't write a fiction book like you did. Here is for you, if you can read numbers and make some sense out of them. This was posted in June after Fed's quarterly assessment. Enjoy! China can jump up and down for another 25 years and it can't come halfway close. I'm not even putting in numbers from Australia, UK, India and EU.

Household net worth climbs to $136.9 trillion, thanks to big stock market gains

The total balance sheet for households and nonprofits rose to $136.9 trillion in the first quarter, a 3.8% gain from the end of 2020

www.cnbc.com

Again pure banya pan no real value. For a country with a 26 trillion $ debt you are self evaluating the value of all asset ownership etc. at 126 trillion with government spending ….. you also noted the total us debt of 21.7 trillion with a gdp of 26 trillion …….
not being rude but do you have an economics background?


K

 

[MH.Yang]

I have to say. You have some very unique and strange view about communism and how it may come about.

However, I do believe that after one thousand years, there will still be people who believe in communism and strive for it if human beings haven't destroyed themselves yet.

I hope that after a thousand years, mankind will have no distinction between countries, political parties and religions. Everyone is rich, everyone has received higher education, and everyone is working for the progress of human civilization. There is no war, exploitation, discrimination, inequality.

 

[Khan vilatey]

I hope that after a thousand years, mankind will have no distinction between countries, political parties and religions. Everyone is rich, everyone has received higher education, and everyone is working for the progress of human civilization. There is no war, exploitation, discrimination, inequality.

Utopia

 

[MH.Yang]

Utopia

This is why we chose the Communist road. This is conscience and justice.

 

[Globenim]

"China risks"

Oh right China put its country too close to U.S. forces protecting peace with its military invading Asian waters again

 

[nang2]

I hope that after a thousand years, mankind will have no distinction between countries, political parties and religions. Everyone is rich, everyone has received higher education, and everyone is working for the progress of human civilization. There is no war, exploitation, discrimination, inequality.

As another one just said, utopia, which often comes from someone who doesn't know that:
1. rich is relative subjective.
2. so is the word "higher".

No wonder people call you leftist/socialist/communist as "statist" who always views the future from the static view of the present as if the present is something given and can be taken for granted.

And, I believe all you just dreamed about will come true when everyone is born equal: equal ability, equal appearance, equal taste, and hopefully reproductive asexually. Did I just describe a computer virus?

 

[truthseeker2010]

This is rather an emotional response than a fact-based post.
1) The US Navy's 2/3 CBG's in SCS mean the Chinese navy is 100% countered. Add Australia's submarines and ships, IN ships and submarines and UK's navy (not even touching EU yet).
2) Add 300-400 ready to go -22's and -35's at all times (supplemented by -18's), these will neutralize about 75-80% of the PLAAF / PLN air crafts. Again, not touching Japan, Taiwan, Australian or Indian jets.

3) AND MOST important, New York or Florida (lol, hilarious example) are with the US, not separated states for 70 years. If you must link them, Taiwan may be Mexico, a separate country. Your logic means, India saying "Pakistan was a part of us and it got cut, we want it back", when Pakistan is an independent country for the past 70 years I think, and so is Taiwan. These tall claims are historical and the world lives in 2021.

4) China can rise, there is no stopping to it. But it can't "defeat" the US/Australia/UK/Japan/Taiwan/Vietnam/India. I hope logic can make sense to you.


Useless to argue. When you decide to act blind and don't want to process information, these emotional posts usually result. Why don't you review my post and come back with numbers and strategies to show me how China will counter what I've explained?

keyboard general who don't know that US soldiers who had done WOT tours are now facing ptsd, and in us military schools they have already concluded US military is not trained and oriented to large scale military operations.

 

[Shehryar Ashraf]

um no.
the Chinese are not the soviet union. the Chinese are more integrated in the international trade. the soviets were not.
Due to the amount of soft power the Chinese have by investing in Europe, Many European states do not see the Chinese as a threat, the way they see Russia as a threat.
As the Americans pivot towards the pacific in confrontation with China, It is they who end up alienating their European allies. one only needs to look at AUKUS and the effect it has had on US-French relations.

the US-Chinese confrontation actually has the US playing the role of the Soviet Union, overstretched economically, diplomatically and militarily, trying to dominate on multiple fronts, trying to confront the Russians in Eastern Europe as well as facing off vs China in the Pacific.

All this is happening while economic and social woes are building up in the home front, just as it was building up for the Soviet Union. Today most Democrats see the Republicans as the biggest threat to America and vice Versa.

 

[nang2]

um no.
the Chinese are not the soviet union. the Chinese are more integrated in the international trade. the soviets were not.
Due to the amount of soft power the Chinese have by investing in Europe, Many European states do not see the Chinese as a threat, the way they see Russia as a threat.
As the Americans pivot towards the pacific in confrontation with China, It is they who end up alienating their European allies. one only needs to look at AUKUS and the effect it has had on US-French relations.

the US-Chinese confrontation actually has the US playing the role of the Soviet Union, overstretched economically, diplomatically and militarily, trying to dominate on multiple fronts, trying to confront the Russians in Eastern Europe as well as facing off vs China in the Pacific.

All this is happening while economic woes are building up in the home front, just as it was building up for the Soviet Union.

Europe sees Russia as threat largely because Russia is right next to it while China is far away.

 

[Shehryar Ashraf]

Europe sees Russia as threat largely because Russia is right next to it while China is far away.

my point still stands, Europe sees Russia as a threat, and sees China as a Trade Partner, just look at the volume of trade between China and European nations