The GREAT COLLAPSE of CHINA
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This bunch of despots will bring the country down. Do they even know what the fark they are doing? Internationalising RMB, the Chinese Yuan? hahahahahahahaha!!!!!!!!
Top China banker calls for US sales of yuan bonds
Reuters - Jun 7, 2009The two are the first foreign banks to announce plans to issue yuan bonds in China since the Chinese government last month said it would open up issuance to ...Top Chinese banker Guo Shuqing calls for wider use of yuan Telegraph.co.ukIt is not going to happen overnight, the great China collapse, but if I were you and have assets, interests, in the continent, I would be watching very closely and Hole Jinx of Temasek has decided to place bets with Singaporeans hard earned money there!!!!
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Every great civilisation before us has collapsed. America, Europe, India, Russia, not one's going to be an exception
i don't see how predicting China's collapse, considering how much times it has already collapsed in history is somehow a surprise.
I can also say America will collapse too, just not overnight.
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Uncle, u collapse they also not yet collapse, told u to buy china equity, u dun listen..haiz,..lucky i bought some, aunt ho ching told me to buy cos she no more with temasek, wouldn't lie to me anymore.She said, now I am very frank, cos now i use my own money, last time, i dun really can, cos public money mah.
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Uncle, u collapse they also not yet collapse, told u to buy china equity, u dun listen..haiz,..lucky i bought some, aunt ho ching told me to buy cos she no more with temasek, wouldn't lie to me anymore.She said, now I am very frank, cos now i use my own money, last time, i dun really can, cos public money mah.
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People talking about collapse:
The Coming Collapse of China
http://www.amazon.com/gp/product/
I can also say America will collapse too, just not overnight.
USA to split into 6 pieces in 2010
http://www.youtube.com/watch?v=GD-Msb7A8t4
http://www.youtube.com/watch?v=NmTBnhOXufg
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Originally posted by Ah Chia:
Already bought that one.I have also read 1 Billion Consumers as well.
Problem with these books is that China is a country of 1.3 billion, the vastness of the data results that they can only present facts from their perspective.
It's just too difficult to say how things would turn out.
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Already bought that one.
You just wasted your money.
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Originally posted by Ah Chia:
You just wasted your money.
Expanding knowledge can never be a waste of money. -
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This Great Collapse of China is not a general every country might collapse statement. Just like when I said Singapore's economy will be hit hard way back in July 2007, it was not a general statement but from analysis of current events and was proven right.
Similarly, when I say be prepared for Great Collapse of China, I am talking from an analysis of current events. Unless I see a change in the inevitable, a change in the course of what China is embarking, we will see The Great Collapse of China.
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Like my predictions on the dire consequences of the economy of Singapore was not evident in 2007, similarly this "prediction" on China will not be evident to all of you.
Furthermore, this will take more than a couple of years like my 2007 predictions on Singapore took a couple of years before it became obvious to all. How fast this happens would depend on how stupid the communist despots are and how fast they act.
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AndrewPKYap, do you think USA will collapse?
As if Things Weren't Bad Enough, Russian Professor Predicts End of U.S
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Let's do a little history lesson - Singapore gained independence because of good timing... nothing else.
@US$ … For anyone that’s interested …
A small essay on the GBP and US$ :
Reserve currency: Replacing $$ has huge implications
http://www.globalsurfnews.com/news.asp?Id_news=41212
Surfersvillage Global Surf News, 7 June, 2009 : - - A country who holds what is called the reserve currency has what De Gaulle called ‘an exorbitant privilege’. Other countries in order to get hard currency (usually USD) have to physically make ‘stuff’ and sell it to buy cars from Japan, clothes from Asia, machines from Germany etc. In order for the U.S. to get more dollars, it only has to run the Federal printing presses. Hey Presto – more USD…
The U.S dollar replaced the Pound Sterling as the worlds reserve currency after WW2 after the Bretton-Woods conference which was held to design the post war economic order, create the IMF and World Bank etc. When the US Govt made a deal with the Arabs to trade oil in Dollars in return for protection, that sealed the fate of the Pound. Everyone needed oil, therefore everyone needed dollars to buy it. The demand for them grew and the need for Sterling collapsed.
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Before WW 1, Britain was a creditor nation, had buckets of cash and held the reserve currency (GBP) – the British empire ruled a quarter of the worlds surface. WW1 and then WW2 were ruinous and the U.K went to being a debtor nation owing massive amounts to foreigners. The balance of power shifted after the Bretton Woods conference and British Govt policy – knowing that they could no longer afford a huge navy and soldiers in outposts in India, Kenya, South Africa, Malaysia, Singapore, Burma and all the other outposts of empire was called ‘the orderly management of decline’ and they started to wind it all down granting independence to each country during the 40’s, 50’s, 60’s etc. -
On the basis of the reasons for Britain's decline as offered by Spade1, it is evident that the USA is in the same position as Britain was after WW-1 and WW-2 - as the USA is caught in a quagmire of two wars in Iraq and Afghanistan.
Besides the two wars, the USA has a huge military to maintain its operational readiness, as well as to provide development funds for the development of new systems and new platforms to maintain its military edge over others.
Will China ever find herself in the same situation as Britain and the USA ?
The possible scenario that will have China committing heavy expenses that will bankrupt herself is when she has to respond militaristically to prevent a rogue government in Taiwan declaring independence.
The other possible scenario will be to support a failed North Korean Government from foreign aggressions; or alternatively to embark on a military adventure to discipline the North Koreans for disrupting peace in the region.
Other then these two hot issues that can affect China's prosperity, she will probably scrape through successfully with the help from her large number of talented and well educated citizens.
Will the Communist Party allow China collapse ?
Will China's leaders ever become so ignorant about global issues that will bring them through the same path that bankrupted the USA ?
In the past few decades, China has been a prolific learner to bring herself to the current state of national well-being; and as China's economy grow - she will surely continue to learn and adapt herself to changing circumstances to maintain her new found status quo.
China has the trillions in her reserves that will allow her to employ the most talented to help her manage into the future.
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"that will allow her to employ the most talented" or "the best at asslicking running dogs, aka cronies and relatives"?
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Actually the whole idea of a country "employing talented people" is a rather stupid idea.
The most talented person a country can employ would be one that does nothing and instead let the people do it. That is to say, it takes a whole nation of people and the "most talented" would be one that will take as little resources out of the people's hands and create as many opportunities as possibe for the people to shine.
Not a government that competes with the people in resources (take as much of the people's money as possible), ideas (steal the people's ideas) and business (steal the people's business by competing with businesses using public money).
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USA to split into 6 pieces in 2010
==================================================This RMOFA analyst, Igor Panarin, is an ex-KGB foreign affairs analyst that has been predicting the fall of the USA for over 20 years. (Google his recently released papers). Anyone predicting the fall of the USA in this manner doesn't understand how political power moves in the USA. It can not break up into 6 pieces since the USA would have to completely disintegrate before the US Constitution would be ineffective in holding the USA together. If that were to happen an internal force would most likely try to move in and take over before allowing outside forces to carve up the States.The USA will not collapse, but it will lose its moral standing in the world by overturning its own "rule of law." The laughing of the Chinese students at Sec of Treasury Geightner is only the beginning of this event. We, in the USA, have only to blame ourselves. We lecture the world, and then do exactly what we say others shouldn't do. It's sad, but it probably take an internal revolution to get the USA back on track if it even still possible.Nanouk (Alaska, USA) -
Originally posted by AndrewPKYap:
Actually the whole idea of a country "employing talented people" is a rather stupid idea.
The most talented person a country can employ would be one that does nothing and instead let the people do it. That is to say, it takes a whole nation of people and the "most talented" would be one that will take as little resources out of the people's hands and create as many opportunities as possibe for the people to shine.
Not a government that competes with the people in resources (take as much of the people's money as possible), ideas (steal the people's ideas) and business (steal the people's business by competing with businesses using public money).
An excellent idea, however i haven't seen a single country that succeeded in doing this yet.
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Originally posted by Ibnanouk:
USA to split into 6 pieces in 2010
==================================================
This RMOFA analyst, Igor Panarin, is an ex-KGB foreign affairs analyst that has been predicting the fall of the USA for over 20 years. (Google his recently released papers). Anyone predicting the fall of the USA in this manner doesn't understand how political power moves in the USA. It can not break up into 6 pieces since the USA would have to completely disintegrate before the US Constitution would be ineffective in holding the USA together. If that were to happen an internal force would most likely try to move in and take over before allowing outside forces to carve up the States.The USA will not collapse, but it will lose its moral standing in the world by overturning its own "rule of law." The laughing of the Chinese students at Sec of Treasury Geightner is only the beginning of this event. We, in the USA, have only to blame ourselves. We lecture the world, and then do exactly what we say others shouldn't do. It's sad, but it probably take an internal revolution to get the USA back on track if it even still possible.Nanouk (Alaska, USA)
America still owns the most well equipped army/navy/air force around and one of the largest nuclear arsenal.
What's more, geographically it is impossible to invade by any of the current existing super powers. Canada and Mexico hardly has the ability to invade.
Most probably it would end up like England, a shadow of its former self.
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Originally posted by AndrewPKYap:
Actually the whole idea of a country "employing talented people" is a rather stupid idea.
The most talented person a country can employ would be one that does nothing and instead let the people do it. That is to say, it takes a whole nation of people and the "most talented" would be one that will take as little resources out of the people's hands and create as many opportunities as possibe for the people to shine.
Not a government that competes with the people in resources (take as much of the people's money as possible), ideas (steal the people's ideas) and business (steal the people's business by competing with businesses using public money).
The concept of having the most talented to run the country according to the PAP model is surely a conman's model.That does not mean the best talent available should not be sought to perform specific roles or tasks - not necessarily running the Government.
The Political Leadership should be in the hands of those with a passion for the well being of the Citizens, the vision and purpose for the betterment of everyone's future, the leadership to mobilise and galvanise the citizenry to move towards an identified goal - and surely not one driven by massive financial gains from the political office, at the expense of the Citizens.
Should it be left only in the hands of the scholarly nerds, without a passion, handpicked into position of leadership, and without any clue about the difficulties of others living outside the insulated world of the scholarly nerd ?
Having experienced the skewed PAP model in using scholarly nerds as a policy of exclusivity and stratification of Singapore society - should we then handicap ourselves and permenantly abhor any opportunity of using the skills and expertise of those who has it ?
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Hey TS, you have a guide line on when China is gonna collapse?
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Originally posted by Kutter:
Hey TS, you have a guide line on when China is gonna collapse?
Naw he'd just keep saying it's soon then jump right out and say he was right when it finally does happen. -
Originally posted by Atobe:
The concept of having the most talented to run the country according to the PAP model is surely a conman's model.That does not mean the best talent available should not be sought to perform specific roles or tasks - not necessarily running the Government.
The Political Leadership should be in the hands of those with a passion for the well being of the Citizens, the vision and purpose for the betterment of everyone's future, the leadership to mobilise and galvanise the citizenry to move towards an identified goal - and surely not one driven by massive financial gains from the political office, at the expense of the Citizens.
Should it be left only in the hands of the scholarly nerds, without a passion, handpicked into position of leadership, and without any clue about the difficulties of others living outside the insulated world of the scholarly nerd ?
Having experienced the skewed PAP model in using scholarly nerds as a policy of exclusivity and stratification of Singapore society - should we then handicap ourselves and permenantly abhor any opportunity of using the skills and expertise of those who has it ?
Surely it's just as dangerous to rely on passion no?We live on a ball of limited resources, and there is a need for these "scholarly nerds" in order to make sense and properly identify problems before they occur.
I don't, of course regard our precious ministers as being capable of doing that. When you reach that level of power, kissing ass is more important than being able to understand hard Maths. The research is done by those below you, and all you need is to approve it.
I certainly don't see our government's methods of identifying talents as being valid in a rapid changing ( and in my opinion going to radically change) world.
But i certainly would not dismiss the valuable insights the "scholarly nerds" could give. Passion can sometimes arise from being ignorant of how doing one thing does not neccessarily lead to another. 8 years of George Bush Jr and Dick Cheney should have taught us that.
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I personally don't think China is gonna fall sooner or even later in the future.
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