xhw1986
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Failed attempts to Make China the US Military Global Enemy number one and Mutually Assured Financial Destruction
After the decades of Cold War, the US in the late 1990s was starting to size up China as the global main strategic focus.
China was about to crowned the Big Bad after the Hainan Island Incident.
On April 1, 2001, the Hainan Island incident occurred when a mid-air collision between a United States Navy EP-3E ARIES II signals intelligence aircraft and a People's Liberation Army Navy (PLAN) J-8II interceptor fighter jet resulted in an international dispute between the United States of America and the People's Republic of China.
However, the Middle East jumped up with 9-11 and said no wait. Make Islamic Extremists and Terrorists the Big Bad. Please kill us and fight us. The US then had the Afghanistan and Iraq War.
The US had begun to wind down those wars and was getting ready to crown China as the Big Bad.
Now Russia has invaded Crimea in the Ukraine and Putin is trying hard to create his Eurasian Union (aka Soviet Union lite).
The US will still have distractions of terrorism/middle east problems, Russia, North Korea, Iran and other issues.
China might be number 3 or 4 on the list of US geopolitical priorities (unless China chooses to be overly stupid with Japan and the South China Sea).
China has been getting geopolitical gifts for decades.
China was about a $1 trillion economy in 2001. In 2014, China should become a $10 trillion economy on an exchange rate basis. China went from about 10% of the US economy to 60%.
In 5-8 years, China should be around equal to the US economy. China will also likely have rebalanced and gotten more domestic consumption. In 12-18 years, China will be double the US economy.
Also, if China issues more debt and financial instruments and has more of that held by western banks. Then this would be a more powerful strategy than in the middle east where terrorists use citizens as human shields.
China will have completely tied in their economy to the western banks and economy. Do any harm to China and you kill your banks and send your economy into a depression. This situation mostly already exists but it will get even more connected over the next few years.
Mutually Assured Financial Destruction (MAFD) would be almost as powerful as Mutually Assured Nuclear destruction (MAD). It probably will be more powerful, because the power elite might think they can avoid MAD with really good bunker and missile defense and realistic nuclear exchanges would actually hit 10-20% of population or less. Most nuclear weapons are targeted at nuclear and military assets. The elite have more exposed financial skin so MAFD would hurt them more.
After the decades of Cold War, the US in the late 1990s was starting to size up China as the global main strategic focus.
China was about to crowned the Big Bad after the Hainan Island Incident.
On April 1, 2001, the Hainan Island incident occurred when a mid-air collision between a United States Navy EP-3E ARIES II signals intelligence aircraft and a People's Liberation Army Navy (PLAN) J-8II interceptor fighter jet resulted in an international dispute between the United States of America and the People's Republic of China.
However, the Middle East jumped up with 9-11 and said no wait. Make Islamic Extremists and Terrorists the Big Bad. Please kill us and fight us. The US then had the Afghanistan and Iraq War.
The US had begun to wind down those wars and was getting ready to crown China as the Big Bad.
Now Russia has invaded Crimea in the Ukraine and Putin is trying hard to create his Eurasian Union (aka Soviet Union lite).
The US will still have distractions of terrorism/middle east problems, Russia, North Korea, Iran and other issues.
China might be number 3 or 4 on the list of US geopolitical priorities (unless China chooses to be overly stupid with Japan and the South China Sea).
China has been getting geopolitical gifts for decades.
China was about a $1 trillion economy in 2001. In 2014, China should become a $10 trillion economy on an exchange rate basis. China went from about 10% of the US economy to 60%.
In 5-8 years, China should be around equal to the US economy. China will also likely have rebalanced and gotten more domestic consumption. In 12-18 years, China will be double the US economy.
Also, if China issues more debt and financial instruments and has more of that held by western banks. Then this would be a more powerful strategy than in the middle east where terrorists use citizens as human shields.
China will have completely tied in their economy to the western banks and economy. Do any harm to China and you kill your banks and send your economy into a depression. This situation mostly already exists but it will get even more connected over the next few years.
Mutually Assured Financial Destruction (MAFD) would be almost as powerful as Mutually Assured Nuclear destruction (MAD). It probably will be more powerful, because the power elite might think they can avoid MAD with really good bunker and missile defense and realistic nuclear exchanges would actually hit 10-20% of population or less. Most nuclear weapons are targeted at nuclear and military assets. The elite have more exposed financial skin so MAFD would hurt them more.
