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Originally posted by camaro68ss
God i really hope this dosent spin out of control.
What no one is thinking, if we do go to war with NK, China will have a great excuse to sale its 1 trillion dollars in US bonds. China needs a reason to sale those bonds and this is it! If that happens, say good bye to the US global reserve status. Welcome to the greatest depression.
Originally posted by mbkennel
Originally posted by camaro68ss
God i really hope this dosent spin out of control.
What no one is thinking, if we do go to war with NK, China will have a great excuse to sale its 1 trillion dollars in US bonds. China needs a reason to sale those bonds and this is it! If that happens, say good bye to the US global reserve status. Welcome to the greatest depression.
That would be bad for China as well. They are in the first year of the new leadership and they do not want a financial crisis. Remember that main reason the Chinese have all these bonds because of a Chinese policy designed to benefit China, i.e. the currency peg against the dollar which has resulted in a strategic deindustrialization of the USA. They can sell all those bonds and not buy more but they can't maintain the currency peg. Their exporters will complain if they give up the peg.
If they decided to sell anyway, in the present circumstance, the Federal Reserve would buy all the bonds the Chinese sell (because the Fed can print dollars) to avoid large scale disruptions. Now they have dollars and have to do something with them. A dollar is economically equivalent to a zero-coupon Treasury bill [other than being legal obligation of the Fed instead of the Treasury] in effect so it is changing long term bonds for short term bonds.
What will they do with the dollars, buy US stocks? They could buy euros in mass and change the EURUSD exchange rate. Europe's manufacturers will complain about that.
edit on 6-4-2013 by mbkennel because: (no reason given)edit on 6-4-2013 by mbkennel because: (no reason given)edit on 6-4-2013 by mbkennel because: (no reason given)edit on 6-4-2013 by mbkennel because: (no reason given)
Originally posted by Gazrok
The E-6B's are curious though. I can't see the need for them as command and control centers in the area, seems there would be plenty enough of that with the bases and carrier groups. A bit puzzling. I'm assuming there is some other role for them to play.
Makes me wonder where the subs are... Although maybe they are just for the airborne threat systems....
If that's so, my mistake, sorry.
Originally posted by Ironside800
reply to post by Plotus
I got the impression he was referring to the US and China working together against North Korea???? Not taking on China at the same time as taking on North Korea. I couldve read that wrong but i think you might have?
Originally posted by camaro68ss
Its also reported that NK asked all foreign embassies to evacuate NK at once. That NK cant promise there safety
Originally posted by McGinty
Originally posted by camaro68ss
Its also reported that NK asked all foreign embassies to evacuate NK at once. That NK cant promise there safety
I was thinking this was strangely traditional and polite move from a nation that is apparently telling the world to go screw themselves... Something doesn't quite add up.
Originally posted by VaterOrlaag
reply to post by Hopechest
It is up to the citizens of North Korea to decide that, not the U.S and not China.
We really need to get out of the business of "liberating" other nations.
Originally posted by McGinty
Originally posted by camaro68ss
Its also reported that NK asked all foreign embassies to evacuate NK at once. That NK cant promise there safety
I was thinking this was strangely traditional and polite move from a nation that is apparently telling the world to go screw themselves... Something doesn't quite add up.
Originally posted by Wrabbit2000
Originally posted by GargIndia
reply to post by Wrabbit2000
The US can still fail to defend South Korea despite best intentions.
If even one nuke goes through and destroys SK city; there will be a feeling afterwards that US did not deploy anti-missile systems despite having them, and thus left the security of SK to chance.
You may see and realize my words in near future. Please note down my words somewhere so that you know the truth sometimes comes from most unexpected places.
True... I think 'best intentions' and/or 'best efforts' are what matter there. If war breaks out, South Korea WILL lose 10's of thousands, if not hundreds of thousands of people in the first few hours. There isn't much question on that. 13,000 Artillery pieces and rocket units all aimed at ONE city won't leave much worth calling a city for long.
North Korea has estimates (supplied by defectors back into the 90's) of 6-10 *MINUTES* for Seoul to be in ruins and able to overrun and bypass for the Dash to the Southern Coast and physical conquest of the land area. U.S./Allied reports I've read from the same recent past and dealing with the same tactical situation as they face today estimate 60 *MINUTES* for the ruin of Seoul. There is nothing the U.S. can do to stop that unless the North is either riddled with potential defectors who short circuit that whole thing ...or their ammo fails to function. I'm not betting on either.
The thing is...... There were somewhere around 25,000 to 27,000 U.S. Servicemen in the same general area and inside South Korea. I understand by reading contemporary reports that when General Custer had his command all but annihilated during the Battle of Little Big Horn, the nation was in shock. Well.. they'd be in collective need of valium by the handful with news we just LOST almost 30,000 people (and I have little doubt, there are more than that now...recall those 'out of the blue' call ups for Marines and others over the past 14-21 days?).
If it's losses while we did our best? The world can understand Military defeat just as it happened in the first rounds of the 1950's fighting, and may actually feel bad for us...though not NEARLY as bad as for South Korea. If we pulled resources or punches even a bit ...the World which matters which see that too and we may as well flush our whole upper Government, because no one works with US again for anything while any of them are still near power, IMO.
No one is ever doing anything but a full and 100% defense of the ROK, IMO.
Originally posted by Twilightgem
Ummm, I am not sure where to put this or ask. So, I'm here.
I just heard a F18 take off from my small airport in north Phoenix. It was amazing to see as he was almost vertical after takeoff. I called the airport and asked about it. The gentleman said he just stopped there for the night. Uh, what? Why didn't he just stay at Luke AFB. The man said he wondered that too. He said or I said it was odd and we agreed it was very odd at an odd time. He was unsure of where he was going. He had a guess as to where but I missed it.
Strange military movement? He said they get one or maybe 2 a year but this was odd.
What do you guys think?edit on 6-4-2013 by Twilightgem because: (no reason given)