Panetta is such a wuss. I’m glad he’s gone as of today. The best response to China’s ridiculous claims in the Senkaku Islands is to send in a carrier battle group to do some ‘exercises’ with a Japanese allies. Instead the Obama minions are acting as if they’re on China’s side in this.
Maybe they’re not acting.
So will we have “business as usual’ if there is a shooting war between China, North Korea vs Japan South Korea? Or does Free Trade trump all? I’ll bet the Free Republic Free Traders would deal with the Chinese similar to the deals made with the Nazi’s as depicted in book catch 22.
So will we have “business as usual’ if there is a shooting war between China, North Korea vs Japan South Korea? Or does Free Trade trump all? I’ll bet the Free Republic Free Traders would deal with the Chinese similar to the deals made with the Nazi’s as depicted in book catch 22.
There is a clear crisis trajectory, and I think eventually a limited Japan/China naval engagement is in the cards:
The Senkaku Islands feature a good deal of oil, and if China takes them, they can also exert control over the 200 km economic exclusion zone that that would bring.
The long-term Chinese objective is to eject the US Navy from the South and East China Seas. If China is 2b happy, then our guys will be tooling and zooming around seas a bit west of Guam, and then no more.
China wants to control the sea lanes that feature most of her trade, and that’s why Hainan Island features a submarine base carved into the island rock, with long-term capacity to harbor 20 nuclear submarines (which would guard the approaches to the Straits of Malacca).
Yes, I’d say that in a year or so there’s going to be some shooting.
This market is so overbought on almost every time frame, something like this would be the trigger to begin a corretion in earnest.
It can’t come soon enough (the correction, not the shooting in Asia).
The post Pax Americana “peace dividend” power vacuum reaps its bitter harvest.
Under a Republican administration, this would be called “uncertainty” and “instability in the world” and the market would drop 300-400 points and the Republicans would be blamed. Meanwhile, society is going nuts, the Chinese are itching to wipe Japan, the Middle East is still boiling and the stock market is going up and we are seeing an “improving economy” and basically “good times” according to the media.
The entirety of Asia is not worth the blood of a single American.
bookmark
Too bad we don’t have a Presdient at the moment.
Perhaps Obama could bring all sides together in the White House for a beer (or Saki).
Gobs of our military hardware has been sent to the Pacific Rim near China. Why waste the fuel? Git ‘em, boys!
On the positive side, a thermonuclear war in Asia would likely bring some manufacturing jobs back to Ohio.
Read where N. Korea wasn’t listening to China. Set up for N Korea to hit Japan at our Marine and Navy Bases, knowing full well that we aren’t going to do anything against China?
PAC Rim bump for later......
You can bet the same Free Trade Communists who support Free Trade w Communist China will try to suck up to the Communist China....and try to make Japan the bad guy
Also, this would be a good time to boost tariffs on Communist Chinese products....we need to encourage and motivate companies to manufacture in the US again. It would be stupid to continue a Free Trade policy with a country that will have its production slowed and altered if they are in any protracted war
And, for US National Security reasons, too, we need the production back in the USA, not Communist China
But, I am sure the usual Free Trader Communists who support Free Trade with Communist China will have some spin on this