War with China?

[wartrace]

Ok, I am just throwing this out there. I was talking to a friend I have known since childhood who is a decent guy but has always looked at the worst case scenario. He is what you might call a "survivalist". He is not politically motivated, he dislikes all political parties.

We were talking about our current economic situation and the BIG collapse that we still have coming in the financial derivatives market. He believes that we aren't headed to a depression but rather a war with those whom we owe the money to- China. To give you the readers digest version he believes we will fight over the debt. I don't know how serious this is but have you heard anything about this derivatives market & its collapse? Is war a possibility?

Before you dismiss him as a nut he has been hounding me for years about staying out of debt, that we were headed for a debt crisis & has even convinced me to store food as well as produce my own on the land I have.

What do you think about the upcoming derivatives crisis (500 trillion????)? Is war a possibility?

[Vickers]

1. Would you shoot someone who owes you a gazillion dollars?

Yeah, me neither.

[wartrace]

4. If he wasn't going to pay me? Possibly.

Isn't that what the mafia would do?

[Vickers]

6. You kneecap 'em.

That gets their financial responsibility gland kicking in.

:P

[Hassin Bin Sober]

8. The mafia does it as a warning to the next guy. There won't be a next guy in that case.

[dubeskin]

2. I honestly can't see us take on China

1) They have all the money behind them. We would lose before we even began because we couldn't afford it. The war would be massively expensive.
2) Even if we had the money, we rely so heavily on them for exports, if for some reason they stopped, we would be helpless, and ultimately lose anyway. Think about how many "Made in China" products you use/see daily. If all of that stopped importing, then we'd ultimately lose the majority of the things we use to survive.
3) Assuming neither of those happened, I think you'd see the overall opinion of America turn and China would be supported to help fight us, being greedy, etc.
4) Finally, if we lose, China still needs its money from somewhere, so if America falls, that causes their economy to be royally screwed, etc...world economic collapse that would last for a LONG time.

While it's quite possible, I think that there are just too many factors which would cause us to immediately lose and fail.

[alittlelark]

3. They will just blackmail us into selling off our national parks etc.

It's already happening.

[readmoreoften]

5. We could never fight China. Never. They are massive, have 4xs the population, and fiercely proud.

They are larger than us in every way and we simply collapse without them. It would be a death sentence.

[MnFats]

7. their missles are supposed to be shit.

Our nukes would reach them before they could finish topping off the fuel.
course, it
it's all that old mutually assured destruction bullshit atain..

[wartrace]

9. What happens when we can't pay them?

Thank you Wal-Mart shoppers for the end of time?

[Poseidan]

10. war with china?

No.

[Greyhound]

11. A couple of things. First, before the "spin factories" got into this, the derivatives

market was estimated to be a quadrillion dollars, twice the number that is being bandied about now that the sheeple have heard the word.

Second, the war has already started. The WTO has been under siege and has already admitted that their systems have been compromised for at least a year and all indications are that it is the Chinese, not clear whether it is the government or very well financed private concerns, that have done it.

I doubt seriously that this will escalate into a shooting war, since the only weapon the Chinese have to fight us with is nukes, and everybody realizes that there will be no winners in that war. The Chinese military is very large numerically, but their tech is laughably inferior (though thanks to Raygun, 41, Clinton, and the idiot son, that is changing) and they can't wage war anyplace they can't walk to. It would be Korea all over again.

[Neshanic]

12. Does the junkie get killed by his dealer? We are hooked on China big. They know it.

Why would they attack or provoke us as long as we are hooked on cheap WalMart shit?

They own us.