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Turkey should scrap Russian missile system or face U.S. sanctions - White House official

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Given how often Trump has reneged on his threats in the Middle East, I suspect the Turks aren't too concerned.

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If I was an american bureaucrat, I would worry more of the Chinese tsunami that will slowly and shortly hit and flood the global arms market with hi-tech weaponry...at bargain prices !!...AliExpress at it's best (or worst) 🤣

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Turkey, should, but will not, so a propaganda article by pro US media !

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1 hour ago, ThaiFelix said:

The empire is beginning to crumble.  Donald is clutching at straws.

  "Things fall apart, the center cannot hold" (Yeats)

The US controls 65% of the world's financial flows, even China and Russia

have a problems with money transfers between each other when wanting

to bypass US.


The trade war was to harm the US and they are growing, in the meantime,

in China, 30% of factories have stopped (apparently) .

 

Recently, rather it begins to look that rumors of the end of the US

may be premature.

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1 hour ago, Nigel Garvie said:

Yes the dollar is the main trade currency, but there is plenty of talk of alternatives. China has big long term plans for the Yuan.

 

Some facts:-

China is now the worlds largest economy taking PPP into account (Puchasing parity I believe)

Chinas debt is around 5 trillion US debt is 22 trillion.

China and Japan hold over two trillion of US debt between them. 

 

American farmers (Who largely voted for Trump) are the hardest hit in this absurd trade war. 

 

If China and Japan sold their dollars it would crash the economy. They won't, it is not in their interest. I've not heard any rumors of the end of the US, they would be idiotic. 22 Trillion of debt is too much though, the US is living beyond its means. 

 

No wonder they want to sell arms to all and sundry, including Turkey, maybe if they stopped buying MAGA (Make America Grope Again) hats from China it would help!

 

Trump will be putty in Erdogan's hands just like he is in Putin's, Bankrupts with inflated egos are no match for dictators. 

Overall, Chinese total debt is about the same as the USA's as a percentage of GDP. And the overall quality of those loans is certainly lower, given that the Chinese criteria for lending to local governments and state owned enterprises is very lax.

China’s total debt rises to over 300 per cent of GDP as Beijing loosens borrowing curbs to boost growth

China's total debt burden rose strongly in the first quarter of 2019 as Beijing allowed more loans and local government bond issuance to help shore up the slowing economy, according to estimates by the Institute of International Finance.
The figure stood at nearly 304 per cent of its gross domestic product (GDP) in the first three months of the year, up from 297 per cent a year earlier, the US-based trade association said.

https://www.scmp.com/economy/china-economy/article/3018991/chinas-total-debt-rises-over-300-cent-gdp-beijing-loosens

 

And China's efforts to make the Yuan a world currency have so far failed because few are going to trust in a currency that doesn't float freely.

 

And ya think if China and Japan were to lose their collective minds and sell their T-bills, they wouldn't be snapped up by other investors?

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18 hours ago, Classic Ray said:

Of historical interest is that at the time of the Cuban missile crisis (Russian missiles pointing at the US) the US had missiles in Turkey (pointing at Russia). It finished with withdrawal of both lots. 
 

Yesterday’s friends are today’s enemies.

Turkey still hosts US nukes at Incirclik Base.

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On 11/11/2019 at 10:34 PM, marqus12 said:

The US controls 65% of the world's financial flows, even China and Russia

have a problems with money transfers between each other when wanting

to bypass US.


The trade war was to harm the US and they are growing, in the meantime,

in China, 30% of factories have stopped (apparently) .

 

Recently, rather it begins to look that rumors of the end of the US

may be premature.

“The trade war was to harm the US...”

Oh really? The trump started the trade war to harm the US? Do tell.

 

In China, 30% of factories have stopped (apparently)”

heres a link to your claim. Keep up the good work. MAGA, 

 

https://www.forbes.com/sites/trevornace/2017/10/24/china-shuts-down-tens-of-thousands-of-factories-in-widespread-pollution-crackdown/

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16 hours ago, bristolboy said:

Overall, Chinese total debt is about the same as the USA's as a percentage of GDP. And the overall quality of those loans is certainly lower, given that the Chinese criteria for lending to local governments and state owned enterprises is very lax.

China’s total debt rises to over 300 per cent of GDP as Beijing loosens borrowing curbs to boost growth

China's total debt burden rose strongly in the first quarter of 2019 as Beijing allowed more loans and local government bond issuance to help shore up the slowing economy, according to estimates by the Institute of International Finance.
The figure stood at nearly 304 per cent of its gross domestic product (GDP) in the first three months of the year, up from 297 per cent a year earlier, the US-based trade association said.

https://www.scmp.com/economy/china-economy/article/3018991/chinas-total-debt-rises-over-300-cent-gdp-beijing-loosens

 

And China's efforts to make the Yuan a world currency have so far failed because few are going to trust in a currency that doesn't float freely.

 

And ya think if China and Japan were to lose their collective minds and sell their T-bills, they wouldn't be snapped up by other investors?

I should have quoted my source, which was I accept 2018. If I had time I would read up in more detail, a complicated topic which I may well have a partial view of. 

 

China's world currency is just a plan at this stage as I said.

As I read US has suffered significantly from this trade war, trade wars like cod wars, are generally thought to be a bad idea. 

 

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I go back to my US Air Force days in the 80s and 90s.  The USA was going to base Ground Launch Cruise Missiles (GLCM) in Turkey or Poland as I recall.  Then somewhat more recently the USA was going to base Patriot or THAAD missile systems in Poland or Turkey.  The details escape me.   So what is really driving the USA desires?  True NATO air defense concerns?  Foreign Military Sales pressure from USA contractors and less than straight up Congressmen and Senators?

 

errata, I think the GLCMs were slated for and actually did make it into a few European countries, West Germany, the UK, Belgium, Netherlands, Italy but then the INF took it down.  One of my fellow service men volunteered to go work on the GLCM as it guaranteed he got out of the job he was in, and he would get his choice of follow on assignment.  Yeah well, didn't quite happen.  He ended up doing a stint in Tule Greenland with Space Command but he survived it.

Edited by gk10002000

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3 minutes ago, gk10002000 said:

I go back to my US Air Force days in the 80s and 90s.  The USA was going to base Ground Launch Cruise Missiles (GLCM) in Turkey or Poland as I recall.  Then somewhat more recently the USA was going to base Patriot or THAAD missile systems in Poland or Turkey.  The details escape me.   So what is really driving the USA desires?  True NATO air defense concerns?  Foreign Military Sales pressure from USA contractors and less than straight up Congressmen and Senators?

If you want the current cost for a Senator there are a few options. Ask the arms industry first, then the fossil fuel industry, AIPAC, and..............well hard to know where to stop really!

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1 hour ago, jany123 said:

“The trade war was to harm the US...”

Oh really? The trump started the trade war to harm the US? Do tell.

 

In China, 30% of factories have stopped (apparently)”

heres a link to your claim. Keep up the good work. MAGA, 

 

https://www.forbes.com/sites/trevornace/2017/10/24/china-shuts-down-tens-of-thousands-of-factories-in-widespread-pollution-crackdown/

Your link is 2 years old.   

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I am not sure how China has crept into this thread, but it's off-topic.   Please stay on topic.   Further off-topic posts will be removed.  

 

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12 hours ago, Credo said:

Your link is 2 years old.   

Indeed.... but it was the only content identified by the posters comment...... to wit... 30% shutdown.

 

it would be so helpful if in making claims, people would back them up with their own facts, rather than offhand statements written factually, to con the rest of the forum.

 

and... if the poster I was responding too, believes that he can post a newer and more relevant link, that one exists.... well... see he has not

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