Business & Finance Economic Fallout: Pandemic, Brandon, Money Printer Go Brr, Ukraine.

Cherico

Well-known member
And yet there's no shortage of people in the west who keep insisting it's only a matter of time before China supplants the United States. I don't know if it's wishful thinking on their part, or they're just that stupid, but either way a lot of people have positioned themselves to lose their shirts when China's economy finally kicks the bucket.

While its possible for China to supplant us its not possible under the CCP.

Quite simply put they violate the fundamentals of chinese culture in too primal a way to ever really capitalize on the countries potential.
 

History Learner

Well-known member
And yet there's no shortage of people in the west who keep insisting it's only a matter of time before China supplants the United States. I don't know if it's wishful thinking on their part, or they're just that stupid, but either way a lot of people have positioned themselves to lose their shirts when China's economy finally kicks the bucket.

While I doubt China will become a hyperpower like the U.S. was from 1991 until 2008, the U.S. is very weak at the moment.







I'm bullish on China because a nation with a $35,000 GDP per capita and 700 million people in 2100 is at least the equal of the United States.
 

Blasterbot

Well-known member
the question isn't whose economy isn't fucked right now. the whole world's economy is. the questions is once it all hits hard and begins compounding who can recover better. because every economy is so interconnected there will be ripples that effect everyone else.
 

strunkenwhite

Well-known member
The majority of the US also wasn't in favor of getting involved in WWII.

FDR knew the Japanese were going to attack Pearl Harbor because the USN was basically reading the IJN's mail. His administration made the Japanese ambassador sent to deliver the DOW wait until after the attack started so that FDR could claim that it was a cowardly sneak attack - pinky swear, honest - that would enrage the US public.
Can you provide more detail on this? I wasn't immediately able to confirm. It seems from what I was able to easily find that the US was able to decipher the intercepted message before the ambassador was able to deliver it (lol), but my sources did not specify that this was due to US delays; moreover, they did specify that the message in question, which was supposed to be timed to be delivered before the attack, did not actually contain a DOW. The DOW was published the next day.
 

Bear Ribs

Well-known member
This is interesting...



Old Glory Bank states it will be the first chartered bank to openly support America, its flag, freedom, patriotism, the military and first responders. Old Glory Bank promises it will never cancel law-abiding customers for their beliefs or for exercising their lawful rights of free speech. Subject to conditions, Old Glory Bank will have no-fee accounts, free overdraft protection, free ATMs, and early direct-deposit access.

First State Bank is Oklahoma’s first and oldest bank. “With the aid of cutting-edge digital technology, we will ‘export’ this bank’s hometown values across the country,” explains Bennett Brown, Old Glory Bank’s Senior Regulatory Officer, who has more than five decades in banking, including as CEO of three community banks and as an OCC examiner. Old Glory Bank’s Chief Financial Officer, Robert Halford, who has been in banking for more than 30 years, reminds us that “People used to select a bank that was closest to their home. Now with our great mobile banking, they can choose the bank that is closest to their identity.”
 

Cherico

Well-known member
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This is interesting...



Old Glory Bank states it will be the first chartered bank to openly support America, its flag, freedom, patriotism, the military and first responders. Old Glory Bank promises it will never cancel law-abiding customers for their beliefs or for exercising their lawful rights of free speech. Subject to conditions, Old Glory Bank will have no-fee accounts, free overdraft protection, free ATMs, and early direct-deposit access.

First State Bank is Oklahoma’s first and oldest bank. “With the aid of cutting-edge digital technology, we will ‘export’ this bank’s hometown values across the country,” explains Bennett Brown, Old Glory Bank’s Senior Regulatory Officer, who has more than five decades in banking, including as CEO of three community banks and as an OCC examiner. Old Glory Bank’s Chief Financial Officer, Robert Halford, who has been in banking for more than 30 years, reminds us that “People used to select a bank that was closest to their home. Now with our great mobile banking, they can choose the bank that is closest to their identity.”

this is another part of the growing paralee economy that is springing up.
 

History Learner

Well-known member
Can you provide more detail on this? I wasn't immediately able to confirm. It seems from what I was able to easily find that the US was able to decipher the intercepted message before the ambassador was able to deliver it (lol), but my sources did not specify that this was due to US delays; moreover, they did specify that the message in question, which was supposed to be timed to be delivered before the attack, did not actually contain a DOW. The DOW was published the next day.

I might be misunderstanding the argument, but are you both discussing the FDR foreknowledge debate concerning Pearl Harbor? I can recommend some books if you want.
 

History Learner

Well-known member
Not a Petro Yuan, because China has been firm on not wanting to be the Global Reserve currency since the late 2000s because they don't want to deal with Trifflin Dilemma. Instead, it looks like they're moving to use gold as a sort of BANCOR substitute:





The above details they're targeting the movement of gold, rather than the gold itself. The why is because, when you have gold backing something, you do have to move it to settle transactions. U.S. used to send over a ship or plane (can't remember which) every quarter to Saudi Arabia back when USD was still gold backed, IIRC.




the question isn't whose economy isn't fucked right now. the whole world's economy is. the questions is once it all hits hard and begins compounding who can recover better. because every economy is so interconnected there will be ripples that effect everyone else.

 

strunkenwhite

Well-known member
I might be misunderstanding the argument, but are you both discussing the FDR foreknowledge debate concerning Pearl Harbor? I can recommend some books if you want.
Well, not quite, but it's a related question around the vicinity of that topic: that is, whether the US delayed a Japanese attempt to transmit a DOW, in order to then denounce the sneak attack. I admit lack of expertise but a brief search yielded (1) no positive evidence of a US-engineered delay; (2) the communication in question was not a DOW or other explicit announcement/warning of an attack.
 

History Learner

Well-known member
Well, not quite, but it's a related question around the vicinity of that topic: that is, whether the US delayed a Japanese attempt to transmit a DOW, in order to then denounce the sneak attack. I admit lack of expertise but a brief search yielded (1) no positive evidence of a US-engineered delay; (2) the communication in question was not a DOW or other explicit announcement/warning of an attack.

I've never heard that take before, so can't comment on that angle. I'm definitely of the opinion FDR knew his actions, particularly the oil embargo, were going to trigger a conflict out of Japanese desperation. Likewise, now that Soviet archives have been open for sometime, we are starting to get the evidence Soviet agents played a key part in helping to bring the whole thing about.
 

Arch Dornan

Oh, lovely. They've sent me a mo-ron.

They're not making enough.
 

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