U.S. arms sales to Taiwan China's interests too much blackmail

 Blackmail the United States arms sales to Taiwan China's interests too much on Wall Street
Zhang Tingbin
need help China, the United States even high-performance weapons sales to Taiwan, is really too much.
The past two weeks, Wall Street set off a tsunami, Ogata who came out to explain, I did not write the number of words, in addition to not want to join in the fun, but also because, in the past three years, I will face serious financial crisis the United States, which even the current U.S. financial order crash reconstruction outcome, has repeatedly forecast in black and white, analytical framework and logic have been made public, it is difficult to say too many new words, simply speak. However, even when the United States through the sale of Patriot missiles to Taiwan and early warning aircraft, according to the United States needs China as stress and rhythm of the amount to provide substantial assistance to the United States, you can not outraged by.
United States is now bogged down in a serious crisis, what is its national, financial institutions and National severe overdraft credit, loan for consumption, national economic seriously the inevitable result of the financial bubble, as always in debt to repay. When the great financial crisis of man's will when the roar of the crowd and to the countries of the world instinctively sell U.S. dollar assets, to find safe haven real crisis reasonable. In this case, China has virtually no holdings of U.S. treasury bonds, but increased in July of 149 billion U.S. dollars, is already done all the. Now is not the United States not only Thanksgiving, but sales to Taiwan 6.4 billion of arms, really reminiscent of There are two reasons: First, some of the God of the United States to see China Huaren Shi containing seven successful, the Taiwan independence elements bound to despair, in order to maintain the so-called cross-strait balance of power, arms sales to Taiwan, as Taiwan independence, encouragement to continue through the Taiwan Strait China's long-term pinch The Treasury billions of dollars. the failure to find it, the color began to look to China.
China can no longer be a major strategic economic interests in the latter on the concessions. If you do, inevitably two kinds of outcomes: First, China will completely exhausted the liquidity of foreign exchange reserves, the dollar deeper into disaster, likely ending the tragedy of losing face. The second situation is more dire: if the United States stabilize the financial situation, the dollar started to raise interest rates, a lot of hot money struggle to escape abroad, were to China's central bank took the yuan against the U.S. dollar, once the central bank will not provide enough liquidity, it means that the Chinese central bank and national financial shock and economic and financial bankruptcy mm will thus allow the mercy of the United States.
United States at the moment so rude to the Chinese made the fatal requirements, pass the financial crisis to China, trying to make a financial and economic crisis, the renminbi, and the expense of others, the renminbi become a victim of dollars pulled out of the swamp and stepping stones, the machine mind map is obvious. It also marks some of the country pro-American financiers, in order to save dollars in the name of the Titanic, yet more and more bets on U.S. dollar foreign exchange reserves, the expectation that the conscience of dollars to China leave the soup of the become a victim dollar completely. that is a strong man arm and complete sacrifice must be a second election between. I always thought three years, the former is the correct way, even now too late, buy gold euro, is not too late.
As for the issue to blackmail the United States to take Taiwan, and do not ignore it, not angry. Taiwan issue is the nature of Sino-US strategic balance, I do not believe the U.S. can move to the east coast of Taiwan from the Pacific to the West Bank! Chinese people calm , in good faith towards the other side of our compatriots, in time, the Taiwan issue be resolved naturally.
old text as received: as contained in Jan. 2, 2008 First Financial Daily
gold will become crises and opportunities revolving door
Choice of 2008, we have to embrace a global financial crisis
Zhang Tingbin
Christmas, New Year, the bell is still loud, the world is already different.
the distance across the Pacific has never been so close, people of common concern and anxiety topics have never been so consistent, as a people to worry about tomorrow, and some have not since the mortgage; the temptation of the Christmas business, more and more credit card overdraft suffered last this seems to have been helpless in hh
this side, for the yuan to accelerate the proliferation of excess liquidity, scholars argue is being upgraded, and even diametrically opposed mm mm pack of faster appreciation in the eyes of the the How can they defend their wealth?
2008, the world would burst a global financial crisis? How will China respond? lie in people's minds are becoming more and more question marks.
the global financial crisis It has been difficult to avoid the
2008 on the issue is, the subprime crisis to an end, or a more large-scale dollar crisis and a prelude to the global financial crisis?
over time, after bearish U.S. economic outlook and the dollar Economists, such as more and more bold to speak clearly after retirement, the former Federal Reserve Chairman Alan Greenspan, Stephen Morgan Stanley's well-known scholars. Roach has been the United States into recession in 2008, the probability increased to 50%. and those who still sing many scholars in the U.S. economy has become increasingly lonely voice.
United States in the end there is no way to turn around its U.S. dollar debt crisis? why so powerful a superpower, will become so fragile like a night?
to freeze three feet in a day. today's debt crisis, the actual dollar boom-bust financial order, the inevitable result.
is well known that the pursuit of continuous value-added nature of capital. in pursuit of increasing profit, the initial capital owners consumer demand out of profits, investment in physical commodities to expand production, the inevitable result is more supply than demand for goods, surplus goods the economic crisis there. In order to re-balance the supply and demand, the milk is poured into the sea of small to large to war ability of supply and demand destruction, a variety of approaches have been adopted voluntarily or involuntarily through.
20 half of the century's two world wars, to fight back once the world economy have a serious shortage of supply and demand, the original state This allows capital to open a long period of self-value. Meanwhile, the world the brutality of war, the East bloc was a strong rise of the elite were forced to make the Western mainstream design at a higher level operating system for the entire economy.
The new system The core should have the following meaning: first, expanding the capital territory, the remaining transport of goods and capital out of the development of new markets; Second, national welfare, income of workers relative to employers to avoid shrinking too fast, that shrinkage of consumption relative too fast; third, encourage consumer credit, including housing, car loans and credit cards all the spending. Fourth, the most sophisticated, it vigorously develop the capital market, the establishment of a virtual system of financial derivatives. In the same time spending money out, also encourages its withdrawal from the supply, which makes the supply and consumption of material goods can be remained relatively balanced. Meanwhile, the growing number of surplus capital to financial derivatives Virtual finance cycle value; five, led by the International Monetary exchange rates and asset prices, hot money in the to maintain a strong dollar, and stimulate domestic consumption to drive the global consumer.
Now the roads have gradually come to an end .1 road, with the post-war Europe, Japan, Central and South America, Southeast Asia, China, Russia, India, Africa the continuous development of the global supply of goods and capital surplus so far has been full; 2, after the Cold War, the state welfare greatly reduce the power of external pressure, the collapse of competition between countries greatly increased power, the situation reversed welfare, national poverty accelerate the widening gap between rich; 3, is the spread of the U.S. subprime housing and credit crisis that consumer borrowing has reached the limit.
As for the numerous virtual financial capital to accommodate the high-rise buildings. The bottom of base money issued by the central bank, to be covered with a layer M0 (cash in circulation), M1 (M0 + demand deposits), M2 (M1 + time deposits, savings deposits of non-checking), M3 (M2 + private agencies and companies large time deposits), in M3 over there L (M3 + a variety of securities), and in a variety of securities on, and create endless variety of derivatives, currency re-creation Even the central bank has been out of the fetters of hh
This is a typical inverted pyramid structure, with the financial derivatives market continues to accelerate the development, the more to the upper, larger scale. According to the Bank of China has collected more than one set of data that MO United States in 2005 only to their full market circulation of 1%, M2 also accounted for 11%, a variety of asset-backed securities accounted for 13%, and more top financial derivatives accounted for 75% hh have been at the same time, the towering buildings The foundation has become increasingly fragile stage of the Bretton Woods system, which is a very solid foundation in U.S. dollars (USD + gold); in 1971, the United States announced that, after decoupling of the dollar and gold, it becomes a credit currency USD mm paper; in 2001, with the opening of the euro, the has been divided into The collapse of order, and reconstruction is inevitable.
so, after another question is whether the United States to use the br> China rushing to board a dollar led by Japan and South America as the last cut too much, now, the economy's vitality; European integration, the euro has become increasingly strong rival to the U.S. dollar and the upper hand, no shift. The Chinese economic reform and opening up three decades of sustained development , is already filling up the wings, it is rich wool. And if the Chinese succeed, then Southeast Asia, India and other countries will Wangfengpimi.
have several conditions to achieve this objective: first, the target country to implement a floating exchange rate system, fundamental freedoms in exchange of capital projects; Second, the dominant country's currency is strong enough to control the global pace of hot money in great quantities; third, no worries led economy; four target countries of the crisis on the benefits or harm is not the leading state-owned. If the dollar year yen The area between the floating exchange rate system, still most of the non-convertible capital projects; 2, the era of U.S. dominance over the dollar policy has been unable to independently control the world's flow of funds; 3, the U.S. subprime mortgage crisis is an increasing spread, is in major financial prelude to the turbulent period; 4, U.S. economy is highly complementary, flesh and blood, and its close an unprecedented degree of power, has become a prosperity, a loss for both patterns.
more peculiar is that in real conditions, if the United States China insists on a certain forces, which will be unaffected its benefits, the first victims. the mechanism is, in the U.S. subprime mortgage crisis has seriously tight liquidity situation in the United States, if by depreciation of the dollar and force the yuan to appreciate, although it can relief in disguise as part of U.S. dollar debt held by China, but will inevitably lead to more dollar liquidity out of the financial system, would have been very vulnerable chain of U.S. financial resources worse, or even ahead of its breaking. Meanwhile, the profits made in China have been forced to to the limit, the sharp appreciation of the yuan, labor, land, raw materials prices, will lead to China's export of U.S. goods prices, accelerating inflation in the United States. In short, it will turn into a Speed's to see who's crisis in the former, even to the back support, but also because the other side will the financial crisis and economic downturn suffered, dog in the manger, and interpretation of the Sino-US ; failings section increased, the two head-on collision, when the U.S. dollar as the tip of the time. recent U.S. interest rate cut, the dollar interest rate has fallen to 4.25%, while in November 2007, the United States has risen year on year inflation to 4.3%. This comprehensive real crisis trigger points have been close.
very beneficial to China, the July 21, 2005 since the foreign exchange reform, despite the external pressure and public opinion, including the renminbi to accelerate the appreciation of induction, and its appreciation of 13.3% so far, then it could trigger a property bubble from The crisis shattered remains at least 20% of the appreciation of the range. more favorable, China by domestic and international hot money good appreciation of the renminbi speculation and asset bubbles, a large number of financial institutions through the IPO, has largely improved the financial system and ease the situation, as long as the appreciation of the renminbi to continue to adhere to the IPO, prompting China to raise industrial concentration degree, and to achieve the Chinese officials and scholars, the existing international financial system in peril when the mouth, like exchange rate and capital account liberalization, have to rush to board the After an economically developed countries, for China, the edge of the existing international financial order are concerned, the future trend of international financial turbulence, the natural self-protection should be the first, and then save.
For China, the most urgent need to be resolved, due to faster appreciation of the expectations continue to strengthen, continue to raise interest rates, the U.S. dollar continue to cut interest rates, the global speculative hot money flows into China accelerated, resulting in abnormal proliferation of domestic liquidity, the substantial increase in market circulation of RMB limited growth in material goods , the stock market, property market asset bubble inevitably intensified, accelerated inflation, household savings yuan special treasury bonds issuance expected to reverse the appreciation of the opportunity, but was called through train and asset bubble crisis of last resort, is a fundamental policy of official and civil mm increase in gold reserves mm large increase in China for every 1,000 tons of gold to $ 840 / ounce of gold current prices, will reduce the foreign exchange reserves of nearly 300 billion U.S. dollars, reduce domestic mobility of about 220 billion yuan RMB, the effect of increase of 0.5% over the deposit reserve ratio, the central bank need not pay any costs; Even better is that China will result in a massive increase in gold reserves, for the future of the yuan as an international trading and reserve Currency lay a solid foundation; wonderful is that it is not afraid to accelerate the appreciation of RMB, the more appreciation of the RMB, it bought the more expensive gold Xiangdui!
most amazing is that when a credit note for the U.S. dollar and other foundations increasingly inverted pyramid building falls apart, the world's financial and economic necessity to find a new, as the only value recognized by the world ruler, and a solid foundation in this new reconstruction of the New World on the economic and financial order. In other words, monetary major reshuffle, the re- determine the the development of technology, the alternative is inevitably growing. even if its position as the leading energy can not be changed, then it was only able to support the middle of this century, not to mention any of the countries want to control the world's major oil reserves, even as the United States as The military superpower, but also skills needed. so gold inevitable Phoenix Nirvana, as the Internet age sovereign currency.
China's fortunes is such magic, but vista seems to dead end, almost set the kill but why exactly can be a spectacular mm Golden China Doors mm opportunities have emerged, the Chinese have no choice. but unfortunately, the past two or three years, including some insightful people I have repeatedly suggested, including a massive increase in central bank gold reserves, but still a mere 600 tons, accounting for only about 1% of foreign exchange reserves.
course, if China can the firm to select and implement the gold at all costs strategy, which will circumvent domestic and international crisis, China can also become one with the the exercise of the frigate, if such a role.
Chinese rejection of isolationism reason is very simple, not to mention the Chinese economy with the world is so deep, as human beings, no matter what skin color, whether it is Chinese, Americans, Iranians Africans hh we have only one Earth, we actually are one.
Ting Bin understand the