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Re: China Calling for One World Currency
^^ It's a slow afternoon.
^^ It's a slow afternoon.
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mixes: www.waxdj.com/miroslav -
Re: China Calling for One World Currency
What Miro said.
He knows a lot more on the topic than I do. I may have a minor in Economics but I won't pretend to know about the intricacies of it. I do not talk about topics I know nothing about, that is your job."pics or stfu" - R.I.P. Steve "Jibgolly" JamesComment
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Re: China Calling for One World Currency
miro enjoyed your insight as always.
It was fun while it lasted...
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Re: China Calling for One World Currency
In the green. I think it is very safe to say you don't know what you are talking about.
1. You JUST got done telling me that "this is not 1941...wrong century" when I pointed out that nations go to war over natural resources, not money. And now you just contradicted yourself and kicked your own ass, bro.
2. As of right now, America doesn't "control" the oil in the Middle East. If they did, then they would control the prices and who it is sold to. They don't. China can and does buy its own oil from the Middle East without "Anglo-American connections."
Wrong. The US created the oil fields in the Middle East with a company called Standard Oil. The US has major connection there. Why do you think Saudi Arabia is an ally?? Because the US can control Saudi Arabia since the US gave them there only market. Don't you notice that once the US controls more oil the prices go up. Remember nobody is greedier than the US/Brits. Went into Iraq got control of those oil fields and then the gas price tripled.
3. "Natural resources" covers a lot more than just OIL. And China has tons of natural resources and relatively cheap labor, which is why American firms started outsourcing lots of manufacturing and the majority of things that you buy say "made in China" on them.
Wrong. China is starving for natural resources and can't keep up with the demand from a billion people that live in that country. This article is about the steel industry and how they are hurting for natural resources. Also Australia blocked China from buying more shares in a natural resources company today.
Baoshan Iron & Steel sees net profit down 47.9% in 2009
www.chinaview.cn
2009-03-28 22:34:14 
Print
BEIJING, March 28 (Xinhua) - Baoshan Iron & Steel, the listed unit of China's biggest steel maker, reported net profit of 6.99 billion yuan (1.02 billion U.S. dollars) in 2008, down 47.9 percent year-on-year.
The steel maker, a Shanghai-listed subsidiary of Baosteel Group Corp, said in its annual report Saturday that the total profit plunged 55.1 percent last year to 8.67 billion yuan while revenues rose 4.9 percent to 200.85 billion yuan.
"China's steel firms will face challenges in the long run, including excessive production capacity, lacking of natural resources and high costs," the report said.
The company expected to post revenues of 145.7 billion yuan in 2009 and planned to produce 22.42 million tonnes of iron and 24.93million tonnes of steel in 2009.
4. As for all that rambling about "human rights"... No idea what your point is there, as no one around here has ever said anything about believing that America is in Iraq for "human rights"... Perhaps you're trying to deflect attention from your other statements? I sure don't know...
You wouldn't have an idea because you don't want to talk about the Obama admin basically saying that human rights is not important.
I'm probably done here for a while, because I already know where this is headed... I hope that if you call me big meanie names you'll at least get more creative this time!
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Re: China Calling for One World Currency
^^ against my better judgment, I'm compelled to make one more response...
1. You ever heard of OPEC? The amount of oil America controls is insigificant compared to the amount it doesn't.
2. Standard Oil doesn't even exist anymore and the Saudi government owns 100% of Saudi Aramco (the sole national oil company that controls virtually all Saudi oil) since the early 1980s.
3. Natural resources consist of a lot more than just iron ore or oil. I never said China has ENOUGH of EVERY single kind of natural resource; no nation on earth does. This is why a little thing called international trade occurs.
4. Oh yeah...I can come up with my own Google searches, too! wheee!
https://www.cia.gov/library/publicat.../print/ch.html
http://en.wikipedia.org/wiki/Geography_of_ChinaChina - Natural resources: coal, iron ore, petroleum, natural gas, mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead, zinc, uranium, hydropower potential (world's largest
In text above. I think it is very safe to say that you live in an alternate reality that is populated by...well, just you.China has substantial mineral reserves and is the world’s largest producer of antimony, natural graphite, tungsten, and zinc. Other major minerals are bauxite, coal, crude petroleum, diamonds, gold, iron ore, lead, magnetite, manganese, mercury, molybdenum, natural gas, phosphate rock, tin, uranium, and vanadium. With its vast mountain ranges, China’s hydropower potential is the largest in the world.
Based on 2005 estimates, 14.86% (about 1.4 million km2) of China’s total land area is arable. About 1.3% (some 116,580 km2) is planted to permanent crops and the rest planted to temporary crops. With comparatively little land planted to permanent crops, intensive agricultural techniques are used to reap harvests that are sufficient to feed the world’s largest population and still have surplus for export. An estimated 544,784 km2 of land were irrigated in 2004. 42.9% of total land area was used as pasture, and 17.5% was forest.
China's water resources include 2,711.5 billion cubic meters of runoff in its rivers and 828.8 billion cubic meters which was pumped annually from shallow aquifers circa 2000. As pumping water draws water from nearby rivers, the total available resource is 2,821.4 billion cubic meters. 80.9% of these resources are in the Yangtze River basin. In 1993, 498,720 square kilometers were irrigated. But hey, it's a free country and there is nothing I can do with whatever it is that you want to believe. Have fun with that!
mixes: www.waxdj.com/miroslavComment
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Re: China Calling for One World Currency
speaking as someone who works for one of the larger oil companies on the planet, i can quite assure you runningman hasn't the foggiest idea of what he is talking about (a shocker i know).
most of the world's oil is controlled by NOCs (National Oil Companies) like Saudi Aramco and NIOC (Iran). they have a huuuuge amount of reserves between them. oh, and canada has the second highest reserves behind the saudis, and i can tell you for a fact we control our own oil. hell, we're the number one exporter to the states. that china, or any other country relies on the states to secure them resources is so absurd i dont even know where to start....Comment
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Re: China Calling for One World Currency
i never said china depends on the states for resources. It is a way to control china. Control the resources you can control the country. It is a war if you will.
Also thanks DFN for bringing up the Iranian connection. You are right about Iran. They have a lot of oil. A HUGE supplier for China. The biggest I believe.
Miro I feel like you live in the twilight zone thinking that governments operate honestly. I'm sure the Saudis have no connection whatsoever with the companies that brought the machinery to get the oil out of the ground. No they (Rockefeller) just picked up and walked away from all of that money. Yep that's it that sounds right.Comment
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Re: China Calling for One World Currency
Didn't Standard Oil turn into Exxon Mobil?http://www.myspace.com/mjdubmusic
You can't have manslaughter without laughter.
"Son," he said without preamble, "never trust a man who doesn't drink because he's probably a self-righteous sort, a man who thinks he knows right from wrong all the time. Some of them are good men, but in the name of goodness, they cause most of the suffering in the world. They're the judges, the meddlers. And, son, never trust a man who drinks but refuses to get drunk. They're usually afraid of something deep down inside, either that they're a coward or a fool or mean and violent. You can't trust a man who's afraid of himself. But sometimes, son, you can trust a man who occasionally kneels before a toilet. The chances are that he is learning something about humility and his natural human foolishness, about how to survive himself. It's damned hard for a man to take himself too seriously when he's heaving his guts into a dirty toilet bowl."Comment
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Re: China Calling for One World Currency
Who said the politics forum was getting boring??
Oh hey runningman, you forgot this
Imagination was given to man to compensate him for what he is not;
a sense of humor to console him for what he is.Comment
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Re: China Calling for One World Currency
who would have thought six months ago we would be talking about a world currency?? Well I was but I was being made fun of for that as well back then.
Believe me the the tinfoil hat people might be on to something where the square heads seem to be laggin behind.Comment
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Re: China Calling for One World Currency
Um... I'm really sorry to burst this whole "Nostradamus" thing you've got going for yourself, but globalization has actually been going on for a long time now and global reserve currencies have already been discussed in the press and especially in academics for decades now. If you think this is a revolutionary new idea, then you're probably the one who is lagging behind.
Did you know that John Maynard Keynes publicly proposed and theorized about a global currency back during the Bretton Woods conference? He called it the Bancor. The Americans came up with something similar called the Unitas. That was in 1944.
Also, I'm pretty sure you weren't saying dick about a global currency 6 months ago. But I could be wrong on that; if so, my bad. I'm sure not going to go dig up all of your posts and check.
mixes: www.waxdj.com/miroslavComment
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Re: China Calling for One World Currency
I don't have anything substantive to add, I just had to get a post in here so I can say I was part of what is rapidly becoming The Most Absurd Thread in [ms] History. Really epic!Comment
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Re: China Calling for One World Currency
I love it. Nostradamus eh? It is called research into what is going on. I had an idea about this from the Trans Atlantic Economic Integration plan a while back when I was doing patent research. Back then there was a call for the Amero or a world currency. Ring any bells?? Ya because I said that maybe a year and a half ago maybe two years.
I'm always the crazy one yet always the one pointing things out that sometimes come true. I'm no Nostradamus. I just do research at whitehouse.gov and the european union sites. Also ties between Rockefeller and the British banking system (Rothschilds). If that makes me a tin hat wearer I will wear it happily. Remember it is always a conspiracy until it comes true.Comment
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Re: China Calling for One World Currency
I foresee this thread being closed in the not-so-distance future."pics or stfu" - R.I.P. Steve "Jibgolly" JamesComment
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