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Of Course China Wants To Replace The U.S.

Tyler Durden's picture


Submitted by Zachary Zeck via The Diplomat,

Over at The Week, Think Progress’s Zack Beauchamp has a provocative piece arguing that “China is not replacing the United States as the global hegemon. And it never will.” Specifically, Beauchamp posits that “China faces too many internal problems and regional rivals to ever make a real play for global leadership. And even if Beijing could take the global leadership mantle soon, it wouldn’t. China wants to play inside the existing global order’s rules, not change them.”

The piece is well-argued and certainly worth a read. In particular, Beauchamp does us a service in combating the myth of the inevitability of China’s rise. He usefully points out that China’s economy faces a multitude of challenges that may prevent it from reaching the potential many currently foresee. He also points out that China faces powerful neighbors that won’t stand by idly if Beijing seeks to construct a new regional order, much less a global one.

Still, on balance, I think Beauchamp’s piece does more to confuse than to inform. The first issue is that even though he discusses the regional balance of power in the piece, his overall argument is that China will not be capable of replacing the United States as the “global hegemon.” Unfortunately, there are many who would claim that America is a global hegemon. However, that argument is preposterous under any reasonable definition of hegemony. It is true that in the post-Cold War (if not earlier) the U.S. has been the only power capable of projecting military power in any region of the world. But this has not allowed it to dictate the regional order of every continent as it largely can in the Western Hemisphere.

Moreover, even if America really is a global hegemon, this would just make it more unlikely that any rising power could replace it as a global hegemon. After all, America’s primacy in the post-Cold War era was only made possible because no other great power existed.  Since China’s rise won’t stop the U.S. from being a great power, unless the two go to war and China wins, Beijing’s relative power will be far less than America’s at the end of the Cold War. And of course, America’s relative power will also be far less than what it enjoyed in 1991.

There are other issues with Beauchamp’s analysis of China’s relative power. For example, he notes that “one analysis suggests China’s GDP may not surpass America’s until the 2100s.” To begin with, while possible, this view seems to be decidedly in the minority among serious economists. Even if China’s economy crashes before 2018—around the time many believe China’s absolute GDP will surpass America’s—it still seems likely that it will find a more sustainable economic model before 80 years pass. And given that China has about four times as many people as the United States, it could easily surpass the U.S. in absolute GDP terms in less than 80 years.

But even if China’s economy doesn’t surpass the United States, this hardly suggests it won’t present a major strategic challenge to Washington. Consider that, according to Paul Kennedy, in 1938 Japan’s share of world manufacturing was just 3.8 percent while America’s was 28.7 percent and the U.K.’s was 9.2 percent. A year earlier, according to the same source, the U.S. national income was $68 billion while the British Empire’s was $22 billion. Japan’s, comparison, was just $4 billion. Yet, in the initial battles of the Pacific War Japan decisively defeated the U.S., England, and the Dutch across the region.

Similarly, the Soviet Union’s GDP was only ever about half as large as the United States, and many times much less than that. This doesn’t mean that America and its allies didn’t face a real strategic threat in the Soviet Union during the Cold War.

The more egregious part of Beauchamp’s case, however, is his contention that China does not seek to challenge the U.S.-led order. In his own words: “Even if this economic gloom and doom is wrong, and China really is destined for a prosperous future, there’s one simple reason China will never displace America as global leader: It doesn’t want to.”

He goes on to explain: “China is content to let the United States and its allies keep the sea lanes open and free ride off of their efforts. A powerful China, in other words, would most likely to be happy to pursue its own interests inside the existing global order rather than supplanting it.”

Beauchamp isn’t alone in holding this view, which has many faithful adherents in the West. In fact, not too long ago it was the running consensus in the United States, as well as the foundation of U.S. China policy in both the George W. Bush and the early Barack Obama administrations.

One place where this view has not been very popular is in China itself. Indeed, far from being happy to allow the U.S. Navy to keep its sea lanes open, Chinese leaders have been warning about their country’s “Malacca Dilemma” for over a decade now. They have also been actively trying to reduce America’s ability to cut off China’s energy and raw material imports. As they should be—it would be irresponsible for China’s leaders to allow their country’s economy to be at the mercy of a potential competitor if they have the realistic opportunity to allow China to secure its own shipping lanes. This is doubly true in light of the fact that the U.S. has been known to impose sanctions on many countries, including China itself after Tiananmen Square.

But the issue goes much deeper than that. In fact, it goes to the heart of the Chinese Communist Party’s legitimacy at home. At its core, the CCP’s claim to power is based on its ability to restore China to its past glory. Again, neither China nor its leaders have ever made any secret about this. For example, the CCP has always emphasized that it saved China from its “century of humiliation” at the hands of the Western and Japanese colonial powers.

Similarly, since coming to power in 2012, Xi Jinping has repeatedly stressed that, because of the CCP’s rule, the “great rejuvenation of the Chinese nation” is now within China’s grasp. As Zheng Wang points out, the term “rejuvenation is deeply rooted in Chinese history and the national experience.”

Wang continues:

“As proud citizens of the ‘Middle Kingdom’ the Chinese feel a strong sense of chosenness and are extremely proud of their ancient and modern achievements. This pride is tempered, however, by the lasting trauma seared into the national conscious as a result of the country’s humiliating experiences at the hands of Western and Japanese imperialism. After suffering a humiliating decline in national strength and status, the Chinese people are unwavering in their commitment to return China to its natural state of glory, thereby achieving the Chinese Dream.”

Thus, the CCP would lose all its legitimacy at home if it voluntarily subordinated China to the United States despite being the more powerful country. The CCP treasures its grip on power above all else, and therefore it should come as no surprise that it has already ruled out taking this risk.


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Sun, 02/16/2014 - 23:01 | 4443901 Soul Glow
Soul Glow's picture

Empires come and they go, the rest is history.

Sun, 02/16/2014 - 23:14 | 4443935 knukles
knukles's picture

If I had a jar of MSG, it'd look just like Trayvon's

Sun, 02/16/2014 - 23:38 | 4444016 Son of Captain Nemo
Son of Captain Nemo's picture

God man you have a gift!

Sun, 02/16/2014 - 23:49 | 4444055 johnQpublic
johnQpublic's picture

they didnt build that

Mon, 02/17/2014 - 00:36 | 4444159 Stackers
Stackers's picture

China doesnt have the multi century history of global colonization like the Anglo-European "western" countries.

Mon, 02/17/2014 - 01:12 | 4444232 hobopants
hobopants's picture

You nailed it. They don't want to take over the world, they just want to be number one in it. Look up the wiki article on the imperial chinese tributary system if you want to see what the world would look like if China were in the top spot.

Mon, 02/17/2014 - 03:03 | 4444340 chumbawamba
chumbawamba's picture

You know what?  Fuck the Chinese, and I say that sincerely.  Any society that's willing to expend their fucking ground-level breathable atmosphere for some filthy lucre is not fit for world-class leadership, lest they set an example for all to shit in their own beds and then sleep in it.  WTF wants to live in a world that fargone?  NO THANKS, CHINA.

What I know of Chinese business culture makes inner city street gangs look like consumate professionals.  Their elites are of the same breed of psychopath as ours or any other, but with weirder ideas about cheating on their wives.  For all their contemporary growth and global business success, their political echelon is just a bunch of your standard greedy, incompetent douchefags, with smaller than average dicks.  They lured in all these Western corporations and then ended up fucking them once they stole all their trade secrets.  These are the shitbags that are supposed to transition into the global hegemon?

I'm not a Xenophobe, I just hate shitty people.  And the Chinese are shitty.  They have shitty customs and shitty beliefs.  Not all of them, but just like we have our stereotypes that are based in some reality, they have theirs.  And fuck 'em.  I don't like them.  They are weird and strange and based on foreign principals that are dumb and stupid.  America is basically a shithole, too, but at least we still have a heritage of a Declaration of Independence rather than some dynastical system of peonage that basically hasn't evolved since 1200AD.

Fuck You, China!

I am Chumbawamba

Mon, 02/17/2014 - 03:51 | 4444397 James_Cole
James_Cole's picture

I'm not a Xenophobe, I just hate shitty people.  And the Chinese are shitty.  They have shitty customs and shitty beliefs.  Not all of them, but just like we have our stereotypes that are based in some reality, they have theirs.  And fuck 'em.  I don't like them.  They are weird and strange and based on foreign principals that are dumb and stupid. 

That's one for the books. 

Mon, 02/17/2014 - 04:36 | 4444437 The Vineyard
The Vineyard's picture

Ok.  Ok.  China's bad.  We get it.  Bitches.

Mon, 02/17/2014 - 04:55 | 4444454 AldousHuxley
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If USA proved Russia communism doesn't work against free market systems

China proved that capitalism doesn't work either when USA has to compete with unionized state sponsored capitalism.



Mon, 02/17/2014 - 06:10 | 4444481 Occident Mortal
Occident Mortal's picture

China and soon India, will continue to put huge pressure on the value of labour around the world.

Real income in the West will continue to fall and/or be flat, and real income in the East will continue to rise.


The reason it will continue is because the 19th and 20th Century created a gigantic imbalance between East and West, fuelled by cheap fossil fuels.


The West was historically far more expansionist and outward facing than the East (we had rougher seas and therefore better sailors) and so it was the West who discovered and seized Arabian/Persian oil.


Now, after years of decadence and excess, we are bloated with debt and are stumbling. The cheap oil is gone but our debts are not, and no amount of monetary smoke and mirrors can change the laws of thermodynamics. Our advantage was the oil.


Now in 2014, the West is fighting a Malthusian catastrophe and the East is just pulling out of our slipstream. China may not want to lead, but it may have no choice. 

Mon, 02/17/2014 - 08:20 | 4444576 chumbawamba
chumbawamba's picture

Well, that's certainly a nice load of regurgitated horseshit.  Did you swallow all that voluntarily or was it force fed?

You need to update your set of encyclopedias.

I am Chumbawamba.

Mon, 02/17/2014 - 18:28 | 4445893 Lore
Lore's picture

Anti-China ranters should be encouraged strongly to look into the background of people like Kissinger and Bertrand Russell regarding the LONG TERM STRATEGIC DECISION to transfer WESTERN manufacturing capacity EASTWARD.  Do not make the mistake of blaming Chinese people for American outsourcing. On many levels, a NWO is already here and has been for some time. 

Mon, 02/17/2014 - 08:23 | 4444579 chumbawamba
chumbawamba's picture

Dude!  You got 4444454.  I wonder who got 4444444?


Mon, 02/17/2014 - 08:29 | 4444587 negative rates
negative rates's picture

Why, you playin golf today?

Tue, 02/18/2014 - 02:53 | 4447154 Strongbad
Strongbad's picture

"China proved that capitalism doesn't work either when USA has to compete with unionized state sponsored capitalism."

I don't think so.  China is growing fast because they have 1 billion people that are going from complete poverty to modern industrial society.  Who is to say that the growth wouldn't be even more explosive in a truly capitalist system?  USA meanwhile is itself slipping into state-sponsered capitalism in many sectors of the economy.

Mon, 02/17/2014 - 04:00 | 4444404 foodisgood
foodisgood's picture

I used to like you Chumbs - but you are an idiot.

And for tylers - will they ever speak to the real reason China desires status? Cause they have paid the COST.

What does the fukwit tylers know of Cost? Well now being the 7th time he has kicked me off these comments section for making threatening comments like:


It seems tylers want to replace the fukin naggers they incesantly nag about cause they is so consumed with naggerslave2$dom they is scared shitless of paying any Cost.

Mon, 02/17/2014 - 05:01 | 4444460 chumbawamba
chumbawamba's picture

Aw, fuck you.  I used to like the Chinese and were rooting for them to replace the piece of shit American Empire but then I realized they're as shitty as any other shitty empire-minded people.  Yours is the only country I know where people rip the hides off of living dogs, so fuck you.

Go back to your troll cave and celebrate the nobody you are.

I am Chumbawamba.

Mon, 02/17/2014 - 06:55 | 4444503 Zwelgje
Zwelgje's picture

Weak. Obviously you don't have a clue what is going on in the food industries in the West.

Mon, 02/17/2014 - 08:10 | 4444566 chumbawamba
chumbawamba's picture

Nor do I care, because that's a total non sequitur, Camel.

I am Chumbawamba.

Mon, 02/17/2014 - 11:43 | 4444868 foodisgood
foodisgood's picture

Chumbs - you sure are a nagger of highest proportions. Know all the problems and who has caused em - yet somehow YOU are not part of it.

Fuck Me? Too bad you have no balls and sing like a girl otherwise one might have a smidgeon of faith in the Iidea you would say that to my face you fukin nagger (how is that as an accurate assesment boy?)


Mon, 02/17/2014 - 10:35 | 4444748 123dobryden
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Power breeds parasites

Mon, 02/17/2014 - 08:03 | 4444555 Dugald
Dugald's picture


Fuck You, China!

I am Chumbawamba

Why so reticent, let it go and really say what you mean fella....


Mon, 02/17/2014 - 08:21 | 4444578 chumbawamba
chumbawamba's picture

I'm only replying to your inane and irrelevant comment to point out that your comment ID is 4444555, which is pretty sweet.

I am Chumbawamba.

Mon, 02/17/2014 - 10:09 | 4444706 misled
misled's picture

Dont know if this is real... but if it is. Goddamn...



Mon, 02/17/2014 - 10:18 | 4444722 FredFlintstone
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Wealthy Chinese eat fetuses I hear. A delicacy. They eat a rabbit stew, bones and all (crunch, crunch)! Bon appetit!

Mon, 02/17/2014 - 12:20 | 4444934 TheFourthStooge-ing
TheFourthStooge-ing's picture


Wealthy Chinese eat fetuses I hear. A delicacy.

That is scurrirous rumour. Can prainry see is not fetus:

Mon, 02/17/2014 - 18:25 | 4445904 Lore
Lore's picture

Sheeple psy-op.  The myth gets dusted off and re-used periodically.

Mon, 02/17/2014 - 10:18 | 4444723 pods
pods's picture

Reminds me of the dolphin slaughter in Japan. WTF are wrong wither these people?


Mon, 02/17/2014 - 11:36 | 4444852 North Sea Cowboy
North Sea Cowboy's picture

It's real alright, and for that reason alone I hope those heartless bastards are never in a dominant position over anyone. You can forget any notion of fair play or mercy.

Mon, 02/17/2014 - 10:10 | 4444707 misled
misled's picture

Dont know if this is real... but if it is. Goddamn...



Mon, 02/17/2014 - 11:03 | 4444789 UserLong
UserLong's picture

Yep, Yep, Yep. China will take over the leadership, they will pollute the whole world, they will destroy countries, they will nuke the whole planet to bits! Happy!?


I cannot imagine how did you managed your narrow minded life, but hey, let's say you are getting hysterical. You think a new power endeavour to the top spot just want to screw it? Screw you! Your logic is just a joke.

Tue, 02/18/2014 - 05:58 | 4447276 Ar-Pharazôn
Ar-Pharazôn's picture



if they are totally polluting THEIR country, what do you think they would do to the rest of the world?

Mon, 02/17/2014 - 13:57 | 4445144 Lord Koos
Lord Koos's picture

"Any society that's willing to expend their fucking ground-level breathable atmosphere for some filthy lucre is not fit for world-class leadership..."


Really -- and what about a country that is willing to expend their clean drinking water for some filthy lucre? Fracking, West Virginia, Keystone pipleline etc etc.


Your stereotyping of the chinese strike me as xenophobic and racist to say the least.  I do agree that modern chinese culture is probably just as sick as modern American culture.

Mon, 02/17/2014 - 15:24 | 4445370 strangewalk
strangewalk's picture

Chumbawamba is partially right. I spent 10 years in China and it's true; you can't drink water from the tap anywhere and the air in most urban zones is carcinogenic soup. Also, the culture is corrupt and rotten from top to bottom and the people have been told what to think for so long that they sometimes come across as full on zombies. But, I don't hate the Chinese, there's a lot of really decent folk in that country and the part of Chinese culture that is not rotten has an unparalled beauty to it. They do want to dominate the world though in every way--and their government is right now pumping them up to the task.  

Mon, 02/17/2014 - 17:12 | 4445663 NihilistZero
NihilistZero's picture

The ChiComs can't win an expansionary war against the West.  We broughtthem into the global economy to avoid a Nuclear World War. Mission accomplished expect a protectionist divided world over the next several years with lots of saber rattling but hopefully without ICBMs flying.

Mon, 02/17/2014 - 18:23 | 4445906 maxamus
maxamus's picture

Um, that is exactly how the US came to be the world leader.  And that is exactly what the Republican Party wants now.

Mon, 02/17/2014 - 09:44 | 4444679 svayambhu108
svayambhu108's picture

Germany had a similar problem with an exception of the Austro-Hungarian experience ecompassiog few countries, which could be China's Tibet.

Mon, 02/17/2014 - 09:45 | 4444680 svayambhu108
svayambhu108's picture

... at least to my ears it rhymes

Mon, 02/17/2014 - 01:03 | 4444212 Offthebeach
Offthebeach's picture

If you like your Middle Kingdom, you can keep it.

Mon, 02/17/2014 - 11:37 | 4444856 TruthHunter
TruthHunter's picture

I am reminded:

Dowager with dog is standing at the curb. Cab screams to stop, killing dog.

Cabby jumps out kneels before dowager and says "madam I will replace your dog!"

Dowager looks him over and says "Don't flatter yourself!"

China don't flatter yourself!

Sun, 02/16/2014 - 23:04 | 4443909 Fish Gone Bad
Fish Gone Bad's picture

Of course China wants to replace the US, and do all the same F'd up things the US has done.  I am pretty sure that will never happen.

Sun, 02/16/2014 - 23:42 | 4444036 IridiumRebel
IridiumRebel's picture

The Chinese have historically not been adventurous or advantageous to the outside world. They traveled as far as the Horn of Africa centuries before others and turned around because to them, there is no place like home. Western traders, goods and offers fell on deaf ears because the Chinese thought they were trinkets brought by white monkeys; Insufficient. Opium changed everything. The 20th century turned China from a land of warlords owning regions to a world manufacturing power house. The road has been long, but my point is that China is only recently expanding reach to places like Africa. They are savvy and understand that economics and math will be the greatest weapon over the West. I do not see them initially trying to be as ubiquitous as America, but hegemony's elixir changes national interest. I truly believe that we will see a multipolar world. The dollar will die and globalism will make us even more interconnected. China may become the lead pony. America will no longer be front of the trough, however, as our share lessens and there become more mouths to feed.

Mon, 02/17/2014 - 00:05 | 4444090 Spumoni
Spumoni's picture

You have interesting definitions: "The Chinese have historically not been adventurous or advantageous to the outside world." 

The Chinese had sailed the entire globe by the end of the 15th Century. There are wrecks of Chinese junks from New Zealand to Oregon. Where do you think the West got the printing press? However did ginseng get into Appalachia? How did Magellan and Columbus come to have maps of the world which had maps of North and South America's west coasts depicted on them?

DaVinci was a great artist, without a doubt. He also was a plagiarist of epic proportions. Hundreds of the drawings in the Codex existed for a hundred years or more before he ever saw them, in the Yongle Dadian-a monumental encyclopedia of Chinese art, history, science, medicine, engineering and manufacturing brought into being by Emperor Zhu Di (1400's). Europe's Renaissance was a direct result of literature and technology brought to Italy by Ping An's fleet in 1434. There is an excellent, well-researched and documented work by Gavin Menzies called 1434 which might enlighten you a little on the Chinese sense of adventure and what advantages it bestowed upon the globe.

Their sense of adventure is also quite visible today: go to Canada and Africa and see how many mining and timber companies they operate. Check out the wine-growing regions of the world for their rising numbers of Chinese owners. Much of the real estate stolen by banks around the 'developed' world has been sold to Chinese customers. 

Let us hope that there are advantages for us in today's travelling show as well.

Mon, 02/17/2014 - 00:23 | 4444127 IridiumRebel
IridiumRebel's picture

They spent the 16th thru 20th centuries at home warding off opium carrying western Banksters as they coalesced regional warlordism into the world manufacturer by the 90s. Of course there were Chinese explorers, but the empire from Ming thru Qing and up to Sun Yatsen thru Mao was about China.

Mon, 02/17/2014 - 00:35 | 4444158 Spumoni
Spumoni's picture

True enough. But "China" is an enormous landmass. No doubt they have some regrets for empowering the West, given our propensity for killing off and screwing up anyplace we land. Isolationism appears among Asian nations from time to time. The Tokugawas did the same thing with Japan for four hundred years. 

The trouble with European derivations is that their historical perspective is, at best, measured in a few centuries. Asian perspective is measured in thousands of years. The advent of television has resulted in hundreds of millions of people's historical perspective being shrunk to whatever the last episode of their favorite show was.

I wish that we could have a little longer view back here in the developed world. The things we are doing in the name of immediate cash and power have a very short life-probability curve. And yet we keep having children. I'm guessing we don't like them very much.

Mon, 02/17/2014 - 00:41 | 4444172 IridiumRebel
IridiumRebel's picture

Agreed. I was pondering my little town in Ohio and the plaque that states settlement to around 1797. The Chinese have been continuous for over 4500 years. Perspective we do not have.

Mon, 02/17/2014 - 00:51 | 4444190 Spumoni
Spumoni's picture

I keep reminding myself that life is short, so have a good time and try not to leave a bad trail behind. It used to be easier. Just glad to be able to have any perspective at all, though. Plenty entertaining!

There is some good perspective in Ohio, though. Yellow Springs has a cool canyon running by, and Young's Dairy Farm restaurant sure adds context for 'fastpood'. 

Mon, 02/17/2014 - 00:55 | 4444198 IridiumRebel
IridiumRebel's picture

We are much happier here than Connecticut/NYC where we moved from. I'll check Yellow Springs.

Mon, 02/17/2014 - 02:14 | 4444297 kevinduhand
kevinduhand's picture

You guys are funny. Ancient Chinese culture has been DEAD since the fucking "Cultural Revolution" led by Mao the dictator!


Mon, 02/17/2014 - 03:23 | 4444360 epicurious
epicurious's picture

Yeah last time I was in China so many people praying and burning insense at temples to hundreds of gods.  Although I was impressed that they had a temple to worship literature god. Very obvious that old culture is alive and unwell.

Mon, 02/17/2014 - 05:00 | 4444459 AldousHuxley
AldousHuxley's picture

China is copying everything....


both good and bad.


pretty soon you will have Chinese watching  "China's Got Talent" and living large eating artificial food paid by money printers in China.

on weekends they blow off steam in gamblinghalls in macau which is copy cat of Vegas.


Same shit repeating...

Mon, 02/17/2014 - 09:29 | 4444659 Spumoni
Spumoni's picture

Yeah- I can't remember the name of the gorge, but it is totally cool. Just be sure to have a meal at Young's - a little northwest of town on the road in from Columbus (I think). Hands down the best, freshest home cooking I have had. Getting good food on the road generally means taking it with you, but the Youngs do a fine job if you can get there. They raise everything they cook and serve. I guess McD's does, too, but they use cardboard and 'flavor molecules' instead of real food.

Have a fab week, IR!

Mon, 02/17/2014 - 00:25 | 4444129 FreedomGuy
FreedomGuy's picture

The world was carved up by European powers from about the 15th century on. Portugal, Holland, Spain, England, France and the second tier followed. They eventually carved up China, too. It is kind of like the Vikings who may have been to America and worked their way into the interior of Russia. It was of little or no consequence.

The question is what they plan for today. They are expansive in an economic way. The miltary will probably follow the economic expansion. They are heavily invested in most parts of the world and they are economically aggressive and not limited by any Western morality. They do not mind dictators and friendships with them. They even have mining rights in Afghanistan.

America will only fall as a world power by continuuing to follow collectivist policies and economic fallicies.

Mon, 02/17/2014 - 05:02 | 4444461 AldousHuxley
AldousHuxley's picture

that is a good thing.


America will finally learn to live in reality...

Mon, 02/17/2014 - 07:36 | 4444533 Zwelgje
Zwelgje's picture

What is this "Western morality" you're talking about?

Do you mean the humanitarian intervention in Libya for example? Or the credit facilities for college students?

Mon, 02/17/2014 - 14:17 | 4445193 FreedomGuy
FreedomGuy's picture

The morality that allows them to support their neighbor and fellow commie state, N. Korea. They will deal with the Taliban even support them if it suits them. They really don't believe in our theoretical concepts of "good guys" and "bad guys". They can play either side of the Iran problem.

Libyan intervention was done by one guy, Obama. Because of public pressure and a fortuitous idiotic utterance by Kerry he stayed out of Syria.

This is the problem when you give the executive the right to intervene in anything anywhere in the world.

Mon, 02/17/2014 - 00:07 | 4444095 disabledvet
disabledvet's picture

I'm sure their game for a few pointers.

Mon, 02/17/2014 - 00:14 | 4444109 TheFourthStooge-ing
TheFourthStooge-ing's picture

The article's author is part of the gang for whom propaganda is making a living. The last issues of his reports are extremely poor, always the same drivel over and over again.

But hey, some people line up to pay for the opportunity to hear a didact with a desk full of grunion.

Mon, 02/17/2014 - 02:21 | 4444305 satoshi411
satoshi411's picture

In all human history every fucking story ever posted on ZH meets that description.

"article's author is part of the gang for whom propaganda is making a living."

Just in this case the 'gang' makes nickel's on clicks from GOOGLE.

Sun, 02/16/2014 - 23:05 | 4443910 Spitzer
Spitzer's picture


Sun, 02/16/2014 - 23:12 | 4443925 LetThemEatRand
LetThemEatRand's picture

That's good for a bronze.  You'll be selling Mountain Dew by Tuesday and telling your uber rich parents to suck it until at least Thursday when you need some more annual lift ticket money.

Sun, 02/16/2014 - 23:19 | 4443953 Yen Cross
Yen Cross's picture

 Who downvoted that comment from RAND!

Sun, 02/16/2014 - 23:38 | 4444021 mvsjcl
mvsjcl's picture

Not me.

Sun, 02/16/2014 - 23:47 | 4444044 LetThemEatRand
LetThemEatRand's picture

My money's on Suzie Chapstick.  I hear that bitch moved to China in the '90's.  Or the Doublemint twins.  They ski (and stuff).

Mon, 02/17/2014 - 00:12 | 4444104 disabledvet
disabledvet's picture

whatever happened to the American gold medal winner in the downhill way back who the Austrian's kept calling "the nose picker"?

I mean that guy came out of nowhere and trounced the field as i recall.
So much for picking buggers as a sign of weakness.

Mon, 02/17/2014 - 08:25 | 4444583 chumbawamba
chumbawamba's picture


Mon, 02/17/2014 - 13:26 | 4445077 Brindle702
Brindle702's picture

I need some context. What does this mean?

Sun, 02/16/2014 - 23:44 | 4444040 Son of Captain Nemo
Son of Captain Nemo's picture

Speaking of "lift ticket" money...

How are these 3 for telling the World how many days, weeks and months the U.S. has left as an Empire?!!!  I'd say off hand we never would have seen such pathetically blatant PR stunts for an Olympics if we weren't in jeopardy of going down hard very soon!

Someone tell China it's "round-eyed" friend is running on "fumes"!

Mon, 02/17/2014 - 00:08 | 4444102 Son of Captain Nemo
Son of Captain Nemo's picture

I just found a way China moves into 1st Place.

Let's hope they take the bait!

Mon, 02/17/2014 - 00:26 | 4444133 disabledvet
disabledvet's picture

well, Great Britain bailed out the USA on more than one occassion...and the next thing you know we show up on the Continent of Europe twice to kick some ass and take names.

Strangely we then bailed out everyone of the combatants save Russia.
I do find it interesting that the Russians are blaming the whole Ukranian thingy on Europe.

Looks like the everone agrees "will all in on this darkside thing now."

Sun, 02/16/2014 - 23:07 | 4443915 Spumoni
Spumoni's picture

"Think, in this batter'd caravanserai

whose portals are alternate night and day,

how sultan after sultan with his pomp

abode his destin'd hour and went his way."


-Omar Khayyam

Sun, 02/16/2014 - 23:40 | 4444027 TheFourthStooge-ing
TheFourthStooge-ing's picture

Easy to say for a guy with a ruby yacht.

Mon, 02/17/2014 - 00:07 | 4444097 Spumoni
Spumoni's picture

Damn right. Hard to keep it afloat, though. Keeps having accidents...

Sun, 02/16/2014 - 23:15 | 4443936 LetThemEatRand
LetThemEatRand's picture

And another stick is removed in the game of dollar world reserve currency kerplunk

Mon, 02/17/2014 - 00:45 | 4444181 Ignatius
Ignatius's picture

Dollar Jenga.

Sun, 02/16/2014 - 23:46 | 4444049 UselessEater
UselessEater's picture

Westpac said it planned to launch a new derivatives business from its branches in Shanghai and Beijing after being granted a general derivatives license by the China Banking Regulatory Commission.


like Aussies banks needed more exposure ....errrm...opportunity to expand in derivatives...

so when is the IMF going to reset SDRs?...waiting for China's entry into the basket and the impact on USD weighting


Mon, 02/17/2014 - 01:21 | 4444249 Yen Cross
Yen Cross's picture

  Thanks for the link Fonz.

Sun, 02/16/2014 - 23:13 | 4443931 CrashisOptimistic
CrashisOptimistic's picture

More failed analysis.

China's future is dependent entirely on just what is underground in the northeast part of the country.  They keep it secret, but best estimates are domestic oil production is about 5 million bpd and slightly falling.

Note that in 5 year periods of time China has increase coal consumption an amount equivalent to the entire US consumption, and did it again in the next relevant 5 years.

Mon, 02/17/2014 - 00:33 | 4443940 Yen Cross
Yen Cross's picture

 Shut er down,  Tomorrow is an New day.

  That little " cock sucker" Spritzer junked me!

Sun, 02/16/2014 - 23:17 | 4443948 q99x2
q99x2's picture

Germany is building an army.

Sun, 02/16/2014 - 23:23 | 4443965 Spitzer
Spitzer's picture


Keeping an eye on those square headed krauts

Mon, 02/17/2014 - 01:11 | 4444160 Yen Cross
Yen Cross's picture

 Corn Holio> Spritzer. I Know you're using the " Pseudonym"...

 Elliot pecker head> working the hedge1

Sun, 02/16/2014 - 23:20 | 4443956 Zero Point
Zero Point's picture

The problem with China is no-one trusts them any more than they do the US.

And that's saying a mouthful.

Sun, 02/16/2014 - 23:26 | 4443970 The Answer Is 42
The Answer Is 42's picture

As you could maybe, I dunno, guess, there're all kinds of people among 1.3 billion. The whole Choi Sui from ultra-nationalists to extreme pro-westeners. Citing one article, without a link no less, is hardly convincing of anything.

But one thing is clear, the Chinese government can ill afford anything rash. It has to focus like a laser beam, to quote a favorite stupid term by US politicians, on economy and people's living standard. Living standard is still the overriding priority for most people, even the fledgling middle class.

And I tend to agree with Beauchamp in the longer-term outlook. China has no interest nor stomach to seek global hedgmony, not in the foreseeable future. They'd be overjoyed the day they get a kowtow from Japan as Chinese Emperor last did, what about 500 years ago?

They may hold a bit grudge against the Brits for the Opium war. But US and China have been in the same trench most of the time. World history education in China is bad. But national history is quite good. They know this part.

There're people in both countries gazing with suspicion and even hostility on each other. Too many unfortunately. Fortunately, though, both are the ignorant type. Hopefully enlightenment will gradually eliminate it.

Sun, 02/16/2014 - 23:29 | 4443974 Lore
Lore's picture

The article seems naive. NWO control freaks are pragmatists. They do not care which or how many nations they rape and hijack or in what order, so long as they get them all in the end. 

China derives its inner strength and cultural solidarity to some extent by this very dynamic, that the enemy is at the gates, because that is the historical pattern.  The nation has been severely wronged repeatedly by various groups of invaders.  In a global climate of corruption and psychopathy, Chinese leaders benefit from the perception of comparative moral high ground.  The west is decadetn and corrupt, hence fair game for exploitation through trade imbalances that would never have occurred had Western "leaders" not permitted them to grow out of control in the first place.  Ironically, the international bankers pattern of using leverage to gain and maintain control over vassals has itself been hijacked by the Chinese, extending their reach through use of foreign treasury and related instruments.  The deeper we go into debt, the more we feed Chinese internal stability.

Sun, 02/16/2014 - 23:32 | 4443996 The Answer Is 42
The Answer Is 42's picture

Very well said! China -- the elite, the populace -- needs to come out of the victim mentality. I think it will. But it'll take awhile. It's gained a lot of confidence over the last three decades. I mean the people, not just the government, which is a good thing. Confidence is the 1st prerequisite of shedding the victim mentality.

Sun, 02/16/2014 - 23:50 | 4444054 Lore
Lore's picture

There was a saying among young Americans in the 1950s that the 20th Century belonged to America.  Who owns the 21st?  Follow the bullion.  

There will be no war; there is no need for war; financially, morally and in every other way, we`re already conquered and debased by the banksters.


Mon, 02/17/2014 - 02:17 | 4444300 satoshi411
satoshi411's picture

I agree there will be no war, and those saying such are just MORONS or worse ( gubmint apologists ).

The USA is already dead, its a rotten corpse, USA politicians have sold out to AIPAC, now the USA is ran by DUAL citizenship nazis', who will bail to tel-aviv as soon as the civil war in the USA begins.


Those calling for war here are idiots, they want the USA to arm and pillage, but what they fail to see, is that now the USA will pillage its own, as now the US-MIL is FBI, CIA, DEA, IRS, FEMA, DHS, ... all shit close to home and the enemy is the ameriKKKan people.

So YES, there will be war, but to CHINA it will all be a BIG YAWN, ... "Those ameriKKKan's are all killing each other", ... "WHAT IS FUCKING NEW?"

CHINA doesn't have to steal shit, it can buy anything it wants.

The USA is now only a deadbeat nation of hairlip deadbeats, ...China can pull the plug on the US-TREASUY any time it wishes but it will not, why? Because its cheaper for CHINA to let the USA play world's policeman on USA treasure.

Just sit back and enjoy the show, and let  AIPAC (CIA/MOSSAD) destroy the USA.


Sun, 02/16/2014 - 23:27 | 4443978 yogibear
yogibear's picture

Currency wars leads just as it was before. What happened afterwards?

Sun, 02/16/2014 - 23:33 | 4444000 chump666
chump666's picture

The fact China is stockpiling golds, shutting down virtual currencies and eventual killing off their USD denominated assets.    They are preparing for war.  Japan will mirror this except for gold buying, more so they will create gov/war bonds.

Mon, 02/17/2014 - 02:11 | 4444291 satoshi411
satoshi411's picture

War is coming, but what CHINA is doing is smart.

The USA is imploding and their will be a CIVIL war, the CHINESE are simply buying insurance to protect themselves.

Since when in the fucking hell is 'planning for the future' the same as going to war?

Most country's got to war  like Germany I&II, or USA now, ... is because they have no choice but war, but for now CHINA has its sights on being a world economic super-power  and a nation of middle class people.

Too fucking BAD that the USA nation LEADERSHIP, sold itself and its people out to AIPAC a long fucking time ago.

Mon, 02/17/2014 - 08:28 | 4444586 chumbawamba
chumbawamba's picture


Sun, 02/16/2014 - 23:28 | 4443980 chump666
chump666's picture

This empire build could set the world on fire...again.

We live in a simulation on re-loop.  How depressing.

Sun, 02/16/2014 - 23:30 | 4443986 ebworthen
ebworthen's picture

Well, when American GDP consists mostly of soda pop, condoms, and financial deriviatives the Russians have nothing to be jealous of - or worried about.

If China has internal conflict they will start a war in the Pacific, clear as day.

Sun, 02/16/2014 - 23:45 | 4444046 chump666
chump666's picture

"soda pop, condoms"

lol that sounded funny...

Mon, 02/17/2014 - 01:14 | 4444238 Yen Cross
Yen Cross's picture

Ebbie and Chump always get an up-vote!

Mon, 02/17/2014 - 14:25 | 4445225 ebworthen
ebworthen's picture

You too Yen Cross.

Mon, 02/17/2014 - 02:08 | 4444286 satoshi411
satoshi411's picture

Fucking forget mickyD, kmart, walmart, chuck-e-cheese, taco-bell, pizza slut, KFC, ...

No wonder the fucking USA people are the sickest folk on earth, you are what you eat,

'Soda', I would agree, but 'condoms' your giving the METH-HEADS too much credit the only place in the USA condoms are used is in the PRISON COMPLEX, a 'closed market'.


USA doesn't even make the worlds 'best' condoms.


On derivatives don't forget to ADD all paper assets from paper-gold aka 'GLD', to any and all 'stock' to anything paper including the USD.

The USA is the biggest PONZI in human history, with the sickest population with the lowest test scores, and you then wonder HOW & WHY? AIPAC stole it all from them and sold it to the chinese?

Since the 1970's I have predicted that the eventual demise of the USA is that will be a whore house for Asians a place where Asian men too ugly or dyfunctional to find pussy in their own country would go for sex tours.

The future USA will either be PRISONS or SEX-CAMPS(FEMA). Take your choice of where you want to live, either you get screwed by inmates or tourists.


Sun, 02/16/2014 - 23:30 | 4443987 Stuck on Zero
Stuck on Zero's picture

A. Chinese want clean food on their table and a big flat screen TV.  They could not care less about empires and humiliation.

B. China's GDP passed the U.S. ten years ago.  A 5 course meal for four in Shanghai is $25.  It is $125 in the U.S. for the same thing.  Does that make our economy larger?

C. Chinese people and American people pretty much detest their pontificating pathological leaders.


Sun, 02/16/2014 - 23:38 | 4444017 The Answer Is 42
The Answer Is 42's picture

China's GDP passed the U.S. ten years ago.  A 5 course meal for four in Shanghai is $25 -- REALLY? Did you simply skip the last 20 years?

I visit China once a year or so on average. It's more expensive than the US on many aspects, especially in the major metro centers like Beijing and Shanghai, and especially on high-end anything, including food. You can spend $100/person at Jean Georges at Trump International in Manhattan, not including wine, and enjoy 1st class meal in a pretty classy setting. Similar treatment would easily set you back $1000 a pop in China.

Sun, 02/16/2014 - 23:54 | 4444068 Lore
Lore's picture

Your report conflicts with my experience.  I find everything cheap still, even in the financial district. 

Mon, 02/17/2014 - 01:41 | 4444268 laomei
laomei's picture

Oh, sure, if want to, i can go to a trendy upscale place and have a 10 course meal for $300 a seat with a 15% surcharge and shell out another $200 for a decent wine.  Still cheaper than similar in the US for business casual.  But when it comes to regular day to day food, I can go to actual restaurants, you know, not short-order fast-foodesque garbage places... but actual restaurants where you are shown to your seats, have menus that change, food that isn't half pre-cooked or take 5 minutes to make, and it's rather rare for it to be more than $10 a person.  I can go get ethnic western food that's damn good, 4 people eat their fill with micro-brews and great service and it's still under $100 total with leftovers.  Those upscale expensive places are mainly intended for business meals, where the company is footing the bill and noone cares.  The only other real market segment is those with some cash who want to show it off.  The trendy places are mainly a result of more international experience.  Overseas returnees and habitual tourists want that experience and are willing to pay the hilarious prices.  Why yes, $50 for an oversized plate with 50g of salmon dossied up and the rest of the plate having some odd dots of artsy garnish is totally reasonable.  Turns out stupidity is fairly universal.  Ditto for what I deem "generic western food".  Shit that's so easy to make, but people just don't know.

We could easily go eat out every single day of the week for a month, eat very well, and the cash burn would be like $1000 versus cooking at home and eating out once a week (in the end eating about the same stuff cus we can cook), and it's more like $300.  Going spartan if we wanted to cut out the imported and higher quality foods and go more traditional... $100 would be entirely reasonable.

Mon, 02/17/2014 - 12:59 | 4445025 shovelhead
shovelhead's picture

Floating pig pork balls= Free.

Mon, 02/17/2014 - 00:22 | 4444125 satoshi411
satoshi411's picture

I would agree, but in the South (Yunan) its still cheap,

but I agree in SHANGHAI, its well its like TOKYO 10+ years ago $10 coffee anybody?

This is what happens.


But in the poor region a a buck, or 5 RMB will still buy you a nice bowl of hot soup, which is a meal, which is more to say than what a BUCK will buy you in the USA.

I can still find a room in CHINA for 20 yuan ( $3 USD ), but a lot want $300/day, you take your pick.


I always try to live like local POOR, the food is always better, to go live in ASIA, and eat western food and pay western price is fucking DUMB.

Up to you, ... but I agree, its still cheaper for those who speak the language and know where to go.

for the fuckheads who don't speak the language, and don't know where to go they get fucked everywhere in the world

Mon, 02/17/2014 - 02:32 | 4444217 Lore
Lore's picture

That fits. The other poster sees only the most overpriced tourist traps.

Mon, 02/17/2014 - 09:44 | 4444681 FredFlintstone
FredFlintstone's picture

How long can an American stay in China? What is the best approach to this?

Sun, 02/16/2014 - 23:32 | 4443988 alfred b.
alfred b.'s picture


    The USA got their power from the world wars, and now China is getting theirs from perseverance and long hours catering cheap goods to the ever-consuming West.   Who knows...they may hang on to it longer than some, should they opt for a hard money system.


Sun, 02/16/2014 - 23:32 | 4443999 Spumoni
Spumoni's picture

Something so often left out of discussions of China's impending takeover of the world is the idea that they are still an economy in the early stages of advanced development. The technology may be light years ahead of where the USA was in the mid-19th Century, but China still faces many of the same problems now that the US did then. The nation is an amalgamation of hundreds of former feudal states. The wealth gap in China more closely resembles that of Africa than it does North America or Europe. Much of the population of "China" are peoples descended from tribes subjugated by the Manchu or the Han- no shortage of animosity among many of those people toward Beijing. China is perhaps the world's foremost federal state- the provinces have as many rights as Beijing will allow. Any others are derived from inscrutability and/or corruption. 

If China truly wishes to become the 'hegemon' of the world and supplant the US, it still has a century or more of social development which must occur first. However urbanized the China we see may be, there are several hundred million people scattered across that huge landmass whose lives haven't changed much for two hundred years. When and if those folks ever become consumers, then perhaps China will have a shot. Until then, it more resembles the Middle Kingdom than the modern world. 

"Similarly, since coming to power in 2012, Xi Jinping has repeatedly stressed that, because of the CCP’s rule, the “great rejuvenation of the Chinese nation” is now within China’s grasp. As Zheng Wang points out, the term “rejuvenation is deeply rooted in Chinese history and the national experience.”

Who can say whether this statement, if true, portends another massive fleet setting sail ala the 15th Century, or another 'Cultural Revolution?'

Mon, 02/17/2014 - 01:17 | 4444230 Lore
Lore's picture

You make good points. The Chinese have their hands full.  They are still ascendant, finding their own path domestically.  We in the west look for enemies because our peak is behind us.  I would be extremely wary of any simplistic propaganda that attempts to paint the Chinese as a direct military threat to the West.  Consider the source.  Western powers are flailing for bogeymen -- geopolitical, meteorological, etc. -- in order to shore up failing legitimacy.  The Chinese face no such problem at this juncture.  They're busy settling internal frontiers.  

The Chinese aren't dumb.  They watched 911.  They know who pulls strings.  If there is war, it won't be the kind of thing lusted by aging western warhawks.

Mon, 02/17/2014 - 09:32 | 4444663 Spumoni
Spumoni's picture

Well, the next war will be fought by drones and robots anyway - that way there won't be any accountability for civilian deaths.

Sun, 02/16/2014 - 23:34 | 4444010 bankonzhongguo
bankonzhongguo's picture

Unless and until China resists its own political culture of looking inward and destroying itself over limited domestic resources amid a restless population and avoids some kind of western influenced inflation can it gain the position its young fascists dream of.

The Fed can rule the world right up until the point that it doesn't - somewhere when China starts dumping its dollar debts.

China has to be smart enough to amass gold bullion that rivals the US, then it can demand all international settlements be in gold or yuan rather than dollars. Only then will the scale tip.

All of this is not so much about China rising above America. 

It is about the US lowering itself.

One need only look at the incarceration rates in the US, the personal debt-slave burden placed upon every citizen and the mission creep of the US internal security forces to recognize the US is on a far faster rate of descent than that of China rising. 

The velocity of household incomes say a lot.

Sun, 02/16/2014 - 23:44 | 4444045 TheFourthStooge-ing
TheFourthStooge-ing's picture


All of this is not so much about China rising above America. 

It is about the US lowering itself.

The US is a submerging economy nation.

Mon, 02/17/2014 - 00:20 | 4444122 Spumoni
Spumoni's picture

"Unless and until China resists its own political culture of looking inward and destroying itself over limited domestic resources amid a restless population and avoids some kind of western influenced inflation can it gain the position its young fascists dream of."


I quite agree with your post, but when was the last time ANY nation did what you reference above? What's more, China, as we know it today, has vast resources which have never been tapped. There has never been a central power there-until today-which has either been able or interested (at the same time) to harvest those resources. If they opt for developing an in-house economy, where their internal consumption exceeds their exports, they have far more at their disposal today than we do in the West. Our resources have been picked at and polluted out of the realm of economic harvest for many years. Just check the declining ore grades in our mines over the last hundred years. China's mining has historically been almost entirely artisanal. If they figure out how to bring Oyu Tolgoi truly up to speed, better watch out. The money velocity among their families will go ballistic.

Mon, 02/17/2014 - 02:30 | 4444247 Lore
Lore's picture

Empty comment removed.

Sun, 02/16/2014 - 23:39 | 4444023 williambanzai7
williambanzai7's picture

Sun, 02/16/2014 - 23:46 | 4444050 The Answer Is 42
The Answer Is 42's picture

Hey! But it says sand! LOL

Great work as usual, Banzai

Sun, 02/16/2014 - 23:56 | 4444072 LetThemEatRand
LetThemEatRand's picture

I can't believe the bastards finally did it.  Damn them all to hell.

Sun, 02/16/2014 - 23:57 | 4444074 Son of Captain Nemo
Son of Captain Nemo's picture

Well done William.  Well Done!

Mon, 02/17/2014 - 00:25 | 4444131 Spumoni
Spumoni's picture

Thank you William Banzai. You're a sick man, and I like you.

Mon, 02/17/2014 - 00:48 | 4444184 Ignatius
Ignatius's picture


If this is 'the latest' from Easter Island, keep digging.

Mon, 02/17/2014 - 00:54 | 4444197 Spumoni
Spumoni's picture

Yeah, but keep on with the Shelley.

Mon, 02/17/2014 - 09:34 | 4444666 Spumoni
Spumoni's picture

Geez...who tf down-arrows a poet? Bloody illiterate fucktard!

Mon, 02/17/2014 - 01:41 | 4444267 besnook
besnook's picture

fn percy shelly! that deserves an anonymous tip to homeland security concerning the depth of the brilliance of your insanity. they could never figure it out.

Mon, 02/17/2014 - 06:47 | 4444497 falak pema
falak pema's picture

Wherever there is a Shelley there has to be the sparkle of Byron's will of the wisp romanticism : 

“There is a pleasure in the pathless woods,

 There is a rapture on the lonely shore,

 There is society, where none intrudes,

 By the deep sea, and music in its roar 

I love not man the less, but Nature more” 

George Gordon Byron



“She walks in beauty, like the night. 

Of cloudless climes and starry skies;

And all that's best of dark and bright

Meet in her aspect and her eyes...” 
George Gordon Byron
Mon, 02/17/2014 - 09:39 | 4444671 Spumoni
Spumoni's picture

because I am still in that red-yacht mode:

"And we who now make merry in the room they left behind,

and summer dresses in new bloom

ourselves must we beneath the couch of earth descend

ourselves to make a couch-for whom?...

Ah, come-and in the fire of Spring

your winter garment of repentance fling-

the Bird of Time has but a little way to flutter,

and the bird is on the wing!"


-Omar again

Sun, 02/16/2014 - 23:39 | 4444024 Reaper
Reaper's picture

Are the Chinese inscrutable and this just a conjecture? Who has never been corrupted by power? Who, except a rare Washington or Cincinnatus, have rejected ultimate power? Seize the day. Seize the power. Or, the next waiting in line will do it. Caesar failed and his adopted son. Octavian, seized the power.

Sun, 02/16/2014 - 23:55 | 4444063 Aquarius
Aquarius's picture

sounds to me like the USA will be soon known as "The Planet of the Apes" aka knuckle-draggers - at least its "leadership" and all that hangs off it.

so as the USA fades out due to corruption, incompetence, delusion, drugs and shooting everything that either moves or doesn't, life will go on and the question as to China replacing it - well, it's mute.

China, as Russia, will do its own thing biased and guided by its own culture, traditions and magnificent language; one of the three oldest and most sophisticated (not something one can say about English) languages and in written form, near perfect. Says a lot.

Too many dream of guns and wars; genocide, torture and totalitarianism, add institutional religous fanaticisms brought to feverish cresendo with the spilt blood of children; some call this "Amercian Exceptionalism" but as the US Dollar dies, Radiation from Fukushima baths its topography and demographies, fools frack their environment and generally the whole damn nation is allowed, a priori, to collapse, one wonders if there is anything of any importance to speak of at all. I doubt it.

But China is interesting and full of optimism and energy and all can see Japan as the bitch of the USA, sinking soon beneath the waves of despair. Replace the USA? as anything? - Hardly! The Chinese are not losers.

This sort of sums the USA up nicely.

Ho hum

Mon, 02/17/2014 - 02:00 | 4444281 satoshi411
satoshi411's picture

Excellent POINT,

That JAPAN, KOREA, and TAIWAN are all bitches of USA imperialism, they were all WON by WAR.

That JAPAN, KOREA, today are just like USA 'sick men'.

That CHINA is happy and has a bright future, ...


That the USA man is a METH-HO, long ago the UK hooked chinese on OPIUM, but in the USA they hair-lips hooked themselves on METH.


Everything the USA/UK[ISRAEL] has ever touched, has turned to SHIT.

Mon, 02/17/2014 - 00:04 | 4444092 MFLTucson
MFLTucson's picture

China is not replacing the United States as the global hegemon. And it never will.” 

Ahahahahaha!!!!!!!!!!!   Our Kenyan President is willing to hand it to them on a silver platter, bullshit to all of this it is utter noise!!

Mon, 02/17/2014 - 00:12 | 4444105 Spastica Rex
Spastica Rex's picture

They're going to have to figure out the pollution thing. Furthermore, being Walmart's and Apple's slave labour doesn't seem to be a good long term plan. My guess is that they've already considered both problems.

Mon, 02/17/2014 - 00:12 | 4444106 Cabreado
Cabreado's picture

This article reads like it was generated by a non-person, lousily programmed for propaganda.



Mon, 02/17/2014 - 00:16 | 4444112 satoshi411
satoshi411's picture

AIPAC say's to CHINA "We have a 200+ year old worn out Penal Colony" To sell you ...

Why not?

CHINA bought  AFrica, and bought south america,

The only thing that USA holds is Middle-East OIL, and that will soon be lost.

What is the purpose of FUTURE USA?

The USA is one of the few places on eath that SELLS its land to foriegners, thus CHINA can BUY the USA if it wants, right from AIPAC today.


This article is just about "What is the purpose of the USA?"



Mon, 02/17/2014 - 00:40 | 4444169 Solarman
Solarman's picture

Let's talk after China works its way through its next famine.  Also, China is ageing faster than the U.S. which is a key driver for growth.  


They may have bought Africa and South America, but they better be able to bring the stuff home.  LOL

Mon, 02/17/2014 - 00:20 | 4444117 Blazed
Blazed's picture

No doubt, China may have been the first to make firecrackers, took them all the way to the moon. Oh wait.

Mon, 02/17/2014 - 00:29 | 4444145 Yen Cross
Yen Cross's picture

  The  YUAN isn't even freely floated BITCHEZ!


Mon, 02/17/2014 - 00:37 | 4444162 Dollarmedes
Dollarmedes's picture

The Chinese people are proud.

So what?

The truth is, the Chinese people are hapless rubes who can be easily convinced (or coerced) to drink their own pee. That, of course is by design. Otherwise, the Commies couldn't rule them so completely.

And ideologic propensity to central planning is their Achilles' heel. To paraphrase a popular movie,

"Their sad devotion to that ancient religion hasn't helped them conjure up the [money to repay their $15 Trillion credit], or given them clairvoyance enough to find the [market's hidden price information] *choke*"


They pray at the altar of central planning, so they have no devotion to free markets. Because they have no devotion to free markets, they have no devotion to the truth.

As a result, China will be forever doomed to repeat the Ponzi schemes of central planning...over and over and over again.


But I will make one concession: they created $15 trillion in credit, while their economy is still smaller than ours. You gotta admire the audacity of their fraud. They are certainly "all in" here. If you're gonna commit fraud, you might as well go big.

Mon, 02/17/2014 - 00:49 | 4444187 joego1
joego1's picture

I think that the Chinese would like to have us out of their face militarily but I doubt about them running the planet.

Mon, 02/17/2014 - 00:54 | 4444196 Dollarmedes
Dollarmedes's picture

A further example:

China's "one child" policy.

China is a country of ridiculous half-men who, when commanded to murder their own posterity, sheepishly obeyed.

Meanwhile, in the US, the state of Connecticut required owners of "assult-style" weapons to register them. Estimates show that as little as 15% of these weapons were registered. Meaning that as many as 85% of the weapons went unregistered, in violation of the law!


That is the difference between the USA and China: a country of free men versus a country of nutless wonders.

When it comes time for the hard choices, which country do you think will better be able to throw off the yoke of central planning?

Mon, 02/17/2014 - 00:59 | 4444204 Spumoni
Spumoni's picture

Why do you think that they will 'throw off' central planning? As ultimately as it is for us or anyone else, it is the style of government that they choose. And if you think the USA is a country of free men, brotha, you need to lay off the kool-aid. We haven't been free since the IRS was formed.

Mon, 02/17/2014 - 01:05 | 4444216 Dollarmedes
Dollarmedes's picture

I don't think that they (meaning, the Chinese) will throw off the yoke of central planning. It's not in the population's nature, and the Commies will never allow it.

As far as the US is concerned, Obama has done more to discredit central planning than the entire GOP has done in the last 20 years. We'll see what the voters think about that in November.

Mon, 02/17/2014 - 09:40 | 4444674 Spumoni
Spumoni's picture

Amen. Talk about wasting a mandate...the Mighty O takes the cake.

Mon, 02/17/2014 - 01:12 | 4444224 Radical Marijuana
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Another goofy article by Zachary Zeck, reprinted on Zero Hedge, which, as typical mainstream morons are want to do, focuses too much on the psychological, while deliberately ignoring the environmental ecology factors. Those psychological aspects of the Chinese presented in this article may well be true enough, but they are really such a trivial aspect of the overall situation as to make this kind of article laughable.

Emerging Markets & Peripheral Currency Collapse

By RE, February 15, 2014.

"... Wealth in the Industrial Era demanded access to the Credit necessary to buy Industrial Goods and build Industrial Infrastructure like Power Plants and roads suitable for moving the Heavy Equipment of Industry over. The credit was issued on the Resource base of the WORLD, including the Labor Force of Homo Sapiens in any given neighborhood. Even though the Bankers issuing the credit did not “own” these resources (at least at the beginning), they acquired the ownership of them by two means.

The first and most obvious means was by WAR, or just Intimidation by virtue of superior Firepower. In the case of Japan, Cmdr. Matthew Perry brought his Steam Powered Gunships to Japan, which had been closed to Western Culture from the beginning of the Enlightenment during the Feudal period of the Edo era. {OF COURSE, THERE WAS A SIMILAR HISTORY IN CHINA.}

Essentially, anybody without the firepower of Industrialization had a Hobson’s Choice. The ONLY realistic choice if you wanted to LIVE was to buy in to the model, borrow the money and live the Industrial Meme. Anyone who did not buy into this was Exterminated. ...

To conclude here today, we often read that TPTB in charge of the Fiat money system create “Money from Nothing“, but this is not really true. The Something they created the money on was the resource base of the Earth, which they basically were in control of here in the Industrial era by virtue of Military hegemony. Capitalism was always just a Ponzi which made the initiators of the system Richer by exploiting the resources of the earth and the rest of the Have Nots populating the planet. In the words of Al Capone: "Capitalism is the legitimate racket of the ruling class."

The problem they have now is that though they still are in power to issue credit, they have little in the way of real good resources left to issue that credit out on. In reality, these folks are as BK as everyone else, in numerical terms really a lot more BK, since what they hold as “Wealth” mainly are debt instruments that will never, can never pay off.

Peripheral Currencies are the Weakest Link in the Daisy Chain of the Ponzi. As the system implodes, the “Investors” seek to exit these economies, and when they do that those economies lose access to Credit on the FOREX market denominated in Dollars. For the food Importers (many of them), their ability to access food imports at a price their population can afford to buy becomes constrained. Once that happens, Political Turmoil in extremis follows and you work your way in progression to a Failed State. See Syria, Egypt, Greece and soon enough Spain and France too on this Bandwagon. Doesn’t matter whether they can create their own currency or not really, relative to population size they simply do not have resource upon which to issue credit anymore.

In a sort of Magical Thinking paradigm, the Chinese are buying up Gold, under the concept that when the Dollar Collapses, a Gold Backed Renminby can take its place as World Reserve Currency. Problem with this? The Chinese are in bigger resource deficit relative to population size than anybody else in gross numbers, with the possible exception of the Indians. Japanese are in worse situation per capita and by land mass, but it is a smaller population. Assuming the few still left Resource Rich countries will TAKE Chinese Gold for their resources after the Dollar collapses, the Chinese would quickly be divested of all their Gold in the basement safe of the PBoC.

Peripheral Currency Collapse is the Leading Indicator of a collapsing Monetary System overall here. However, once they collapse, the Jenga Puzzle of Derivatives will bring down the Dollar too, and really nothing is out there that can replace it, because the resources aren’t there either. Not for such a large Global Population and certainly not for this population to try and live the lifestyle of Industrial Culture that the Fascist States of America did for these last 200 years or so. ... So it will get a LOT worse here before it ever gets better, if it ever does.  ..."


China survived as a civilization through over 40 generations of human beings, for thousands of years, because it developed a village system which integrated human systems with natural systems in sustainable ways. However, after China was forced by the Western powers to industrialize, and assimilate both the technology of the steam engine, and the debt engine, and all their subsequent advancements, China suffered the same BASIC BREAKDOWN IN SUSTAINABILITY, BECAUSE THERE WAS DELIBERATELY NO INDUSTRIAL ECOLOGIES DEVELOPED.

Indeed, due to the way that society was dominated by force backed frauds, it was impossible for it to develop any saner ecologies, which were consistent with new technologies, because the core of that would have to be the necessary human ecology, which topic was the most deeply buried under bullshit of any human topic. Thus, the real world operates human ecologies based on the history of warfare, where the murder systems operate through the maximum possible deceits, and industrial ecologies based on accounting systems that operate through the maximum possible frauds. Both of those combined are based on strip-mining the planet's resources, in a one-way express trip to hell, since both of those combined make any saner industrial ecology developments practically impossible to implement.

China is a flash in the pan "super power" like the USA, and all other industrialized nations, because NONE of them are remotely close to developing integrated sustainable systems of human, industrial and natural ecologies. Rather, China, like the USA, is based on social systems which are able to deliberately ignore their environmental ecology as much as possible, because they are based on the history of lies, backed by violence, which depends solely upon each short-term increment of being able to continue to do that more! The FACT that human activities are reaching their limits of being able to strip-mine the planet, while destroying the natural systems, is able to be deliberately ignored by the currently established systems.

Since that results in mainstream people living in a delusional fantasy world, where the real environmental ecology is divorced from human ecology, and plays only the most convoluted and crazy role in the political economy, the trend is towards discussions of world affairs between different countries to take place through surreal sets of commonly accepted fantasies for the future, which have no rational relationship to the real limits of the planet.

... as China catches up with, and surpasses, the USA ...

Flying Dragons join the Flying Unicorns in the Sky!

Mon, 02/17/2014 - 01:25 | 4444253 tickhound
tickhound's picture

Chase and accumulate the monetary widgets to "profit" at any cost regardless of waste, pollution, needs or wants. We call this "civilized"

Mon, 02/17/2014 - 01:10 | 4444227 Yen Cross
Yen Cross's picture

 The fucking YUAN isn't even freely floated== Bitchez!

Mon, 02/17/2014 - 01:12 | 4444233 kito
kito's picture

is any currency "freely" floated? thats the key question yen....

Mon, 02/17/2014 - 01:18 | 4444244 Yen Cross
Yen Cross's picture

 The yuan has an mid rate fixing every day. The ponzi usd has an : EXHANGE Rate:  The Yuan  is even moar ponzified!

Mon, 02/17/2014 - 01:29 | 4444257 kito
kito's picture

and what good is an exchange rate if its the left hand exchanging with the right hand?

Mon, 02/17/2014 - 01:33 | 4444261 Yen Cross
Yen Cross's picture

 That;s the point I'm making Kito!  JFC What would you like on your sandwich?

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