outsider
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WOW! Thank You Edward...edward said:There is a lot of political critical mass boiling here. As far as any action against Iran goes look at the facts.
In 2004 China and Iran signed a $75 billion dollar oil deal that allows China to develop one of Iran's major oil fields.
China needs oil that's a given. They tried to buy Unocal but were met with too much political opposition. YET:
China holds over $200 billion dollars in U.S. treasury bills. We have to keep selling T-bills to China to finance the war in Iraq.
American companies have been allowed to move the production of products to China that we cannot live without. (everything from can openers to electronic equipment *read some labels)
China has a trade surplus with the U.S. of over $650 billion dollars.
Any military action by either the USA or Israel is going to be opposed by China and at the current time China is holding all of the cards, and the toys, and the microwave ovens, and the coffee makers, and the air conditioners, and the clothing, and just try to find a consumer item that is not made in China.
As far as Iran's ability to build a nuclear weapon goes, they don't even need the blasted nuclear power plants. if they use the centrifuges (supplied by Halliburton along with technical help from Pakistan) and a supply of raw materials, they can build nukes anyway.
So what happens next? Absolutely nothing but big talk and big threats from big mouth politicians.![]()
The only thing about a debt is that you can decide to not pay it. I don't know if China realizes how worthless those Tbills are if US decides they have enough arms and spaceships to save the significant and just let everyone split the bill. Yes this way of thinking does take a leap.. but space... the final frontier... these are the voyages... yeah I'll stop now.
The guy who borrows all the money... has all the money... who is going to take it from him?