Sunday, July 27, 2008



Russian Chinese Rearmament?

Folks are beginning to wonder about whether Russia and China are gonna tool up and make trouble. Here is my reply to a recent Free Republic article:

"... if it be of any comfort, both China and Russia now have fluctuating stock exchanges. Their economy are becoming more and more capitalistic and free-market driven. Putin will have to learn to watch every word he mutters; one phrase threw his market off significantly last week (RTS Index fell by 5.58%, MICEX - at 5.49%.). Both countries are playing by a new set of rules called "private property laws". Cool... huh! The people begin to dictate. History shows that common people who die in wars are uninterested in unnecessary dying, especially the Russians. Military spending, however, means opportunities for big business, lots of infrastructure, loans, jobs, and on and on. According to Greenspan open free markets balance, level and fatten up societies across the board. These nations need the US (always have), to teach them how to keep books, stay accountable, keep a handle on corruption, and maybe ... become profitable. Over taxing their people now will wreck their economy. They must first learn how to establish a significant and stable tax base. That could take many years. These governments are unable to have their economic cake and eat it too. Nobody is making any money yet. Between you and me, friend, ... probably never will. Whatever they make comes right back to the US. These nations are beholden to us because we are a wise and rational nation, know what we are doing, and have few ridiculous traditions we let get in the way of acting decisively. Their military build up is funded by Wall Street and their technology is borrowed. US interests invariably receive most of the profits from their oil. Take a good look at companies like National Oil Varco, NOV., without which there would be no sustainable drilling. Studying these country's development will be quite interesting over the next few years. Enjoy!"

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