Comments by "" (@craigkdillon) on "Bloomberg Originals" channel.

  1. Bases. The power of the US Navy comes greatly from our worldwide bases -- air bases, naval bases, and ports where we are welcome for R&R. China has one base in Djibouti, and one in Pakistan. And, that is about it.
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  2. I wonder if companies will be less willing to hire Chinese workers? I know that if I ran a company that had trade secrets, I would think twice before hiring a Chinese national, or even a naturalized American citizen of Chinese origin.
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  3. One of the stated strategies of China is to not resolve disputes because they will be stronger 5 -10 years in the future, and will be able to get what it wants then. I think that is a wrong assumption. China, I think, is at its zenith now. It still has huge exports, and it still has a productive population. Also, India is only now coming out of its self imposed isolation. The US is now committed decreasing its trade and investment with China. The US is slowly building an anti-China coalition in the region. The US is back at Subic Bay, and it seems that there is some unstated or informal agreement that the US Navy will assist in defending Philippine's EEZ rights in the SCS. India's economy is now growing faster than China, as it plays catch-up.
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  4. The Quad is fine, as far as it goes. IMO, more is needed. Post WW2, Western Europe was devastated. The Berlin crisis was Russia's attempt to push into a destabilized Europe, and push the US out. NATO was the response. NATO established a bulwark, against which Russia could not assail. The region was stabilized, and the countries were able to grow into the thriving powerful countries they are today. An Indo-Pacific Alliance needs to be created to stand as a bulwark against China, to give security to the region, and enable the countries there to develop their economies and societies. Such an alliance, I expect, would be anchored by the Quad of India, US, Japan, and Australia. Added to it would be Philippines, Vietnam, Cambodia, Thailand, Malaysia, and some others. The members would cooperate militarily, of coarse. It would be only natural that they cooperate economically. I think and hope this will happen.
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  5. If I was Coke, I would move all Chinese workers to jobs where they have no access to anything.
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  6. What a crock. First, the US fleet still has much more tonnage, and is a blue ocean navy. Few of the Chinese ships can sail very long distances to take them around the world. NEXT, China's ships are all new, so they have yet to deal with the challenge of maintenance. The question is, how far will China's navy grow, before it has to stop growing due to the cost of maintenance?? And, what will the structure of that navy look like?? What will be designed to do??
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  7. If there is a debt-trap in Africa, it is China that is being trapped. A country cannot be forced to pay a national debt except by the threat of armed forces. When UK, France, and the others had colonies, they controlled those countries with their armies. Those countries were trapped. Well, NO WAY China can threaten African countries with military force. If they send armies to Kenya, or Sudan, or anyplace, they will be opposed by US, EU, and others. So, if an infrastructure project does not work out, and the country does NOT get richer, and cannot pay off the loan --- it will be China that will be out the money.
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  8. Our debt/GDP ratio is roughly 1:1, China's is 2.5:1. Much much worse than ours.
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  9. United States does not threaten everyone with war, like China does. So, our ships are welcome in places like Japan, Canada, Philippines, Australia, Singapore, Italy, UK, Poland, Norway, France, Germany, Spain, Cyprus, Greece, Turkey, Saudi Arabia, Kuwait, Dubai, Brazil, Panama, Mexico, etc etc. Where are China's ships welcome?? It is a short list.
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  10.  @uncleho3085  That may be. But, then why all the talk about China going beyond the first island chain? And why would China be concerned about the Indian Ocean and the Strait of Malacca? And why the building of bases in Djibouti and Pakistan?
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  11.  @arhumzia6360  I was talking about CHINA having bases in Djibouti and Pakistan. YOu must read ALL the words in the sentences.
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  12. The biggest problem with analyzing China's economy is the language used. Our language of "booms", "busts", "slowdown", "downturn", "decline", etc. are all based on western style markets and their economic cycles. This is NOT what is happening in China. The language of market cycles do not apply. Because China used real estate investment as a means of financing its government, the real estate "crash" is causing a crisis in government. Imagine what would happen here if government workers, transit workers, teachers, and health workers were not getting paid? Or had their pay reduced by 50%?? This is what is happening in China. Their system is collapsing. There is no coming back. Anyone who invests in China now, is a fool..
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  13. I really hate "analysts" like these that give a one-sided pile of mis-information. What they say is true, but only partly so. They leave out context, limitations, and information that would change the interpretation. Basically, this is pro-China propaganda.
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  14. Farmers vote Republican. Republicans enhance and protect the profits of major corporations, like John Deere. Republicans fight against worker rights, and consumer rights. Now these farmers want help and protection against a monopoly. Are farmers born idiots?? Or, were they made that way??
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  15.  @robgrune3284  China has a major base in Djibouti, and in Gwardar, Pakistan. They had tried to get a base in Sri Lanka, but India shut that down. The fact China has few bases is indicative that China has few friends. For instance, Philippines asked the US to come back to Subic Bay. Japan likes us in Yokohama. Italy likes us in Naples. US has joint naval exercises with many countries, who are our friends -- Philippines, Japan, India, Australia, ROK, Italy, France, UK, Canada, and many others. China is well hated, now that it is using wolf warrior tactics. You need to read a bit more. I know you hate America. But, keep an open mind.
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  16. I think things are going to get much worse in China. To me, it feels like a bubble. The huge real estate over building. The huge debt (about 2.5 times the US ratio) Its bullying and threatening its neighbors, who also happen to be huge customers. India is beginning to turn away from Chinese products. What happens to China's economy if more customers do that?? In long run, the aging population might be its biggest problem. Another might be that whenever Chinese move freely for jobs, they lose citizen rights and all government support. China still has not thrown off policies and attitudes inhereted from imperial rule.
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