What's new

The Great Game Changer: Belt and Road Intiative (BRI; OBOR)

Vietnam war crashed the dollar? :lol:

Oh Vietnamese boy, you have been brainwashed by the VCP.

If you actually believe the US won't lose if the dollar loses market share then you are an economic illiterate.

There is a reason the Fed can create trillions and have low inflation. Can you tell me why?
Of course. or you don't know how the US financed the war efforts in Vietnam? They printed dollars day and night, making the currency more and more worthless. Until a certain breaking point was reached, when in 1971 the US central bank could not keep the promise: the peg 35 USD to a ounce of gold. Pls feel free and check how much an ounce costs right now.

The US withdrew from VN because the cost became unsustainable, even for a economic and military superpower. That was the strategy of North Vietnam.
 
Last edited:
Of course. or you don't know how the US financed the war efforts in Vietnam? They printed dollars day and night, making the currency more and more worthless. Until a certain breaking point was reached, when in 1971 the US central bank could not keep the promise: the peg 35 USD to a ounce of gold. Pls feel free and check how much an ounce costs right now.

The US withdrew from VN because the cost became unsustainable, even for a economic and military superpower. That was the strategy of North Vietnam.
Thats true. VN and its SCS(east VN sea) have a very important location, who control VN-SCS(east sea) can control the whole ASEAN plus shipping line of CN-SK-JP-Guam.

US tried all ways including devaluation of dollar to stop the unification of VN , but failed and had to hand over S.VN- Spratly isls back to us .

By the early 1960s, the U.S. dollar's fixed value against gold, under the Bretton Woods system of fixed exchange rates, was seen as overvalued. A sizable increase in domestic spending on President Lyndon Johnson's Great Society programs and a rise in military spending caused by the Vietnam War gradually worsened the overvaluation of the dollar.

End of Bretton Woods system
About the IMF: History: The end of the Bretton Woods System (1972–81)
 
The navies of China and Russia hold joint drill in the Sea of Japan, Peter the Great Gulf, and in waters off Clerk Cape from August 20 to 28. 23 warships, two submarines, 15 aircraft, eight ship-borne helicopters, 400 marines and 30 amphibious equipments will join the nine-day drill.



4437e6581c89173e62ee26.jpg

沈阳舰官兵在做补给前准备。


4437e6581c89173e62f427.jpg

沈阳舰与补给舰太湖舰同向并行。

4437e6581c89173e62fa28.jpg

引缆

4437e6581c89173e630029.jpg

拖带承重钢缆上舰。

4437e6581c89173e63072a.jpg

加固钢缆

4437e6581c89173e630e2b.jpg

补给对接。 李秀林 摄

4437e6581c89173e63172c.jpg

油水管滑向沈阳舰。
 
4437e6581c89173e631e2d.jpg

太湖舰同时为两艘战舰实施横纵向补给。

4437e6581c89173e63252e.jpg

太湖舰同时为两艘战舰实施横纵向补给。 张鹏 摄

4437e6581c89173e65c741.jpg

待机中的太湖舰。 李秀林 摄(资料图)

4437e6581c89173e65ce42.jpg

俯瞰干液货同时补给。 李秀林 摄(资料图


4437e6581c89173e65d443.jpg

干液货同时补给。 李秀林 摄(资料图)

4437e6581c89173e65da44.jpg

横向干液货同时补给。 李秀林 摄(资料图)

4437e6581c89173e65e545.jpg

进行立体综合补给。 李秀林 摄(资料图)
 
And Russia & Iran desperate as oil barrel prices collapse.

Dont forget that.

Russia and Iran are much more desperate than USA in order to triggering a big war and avoid economic collapse.

Likely the agression that it will escalate up to a big war will be caused by Iran.
 
And Russia & Iran desperate as oil barrel prices collapse.

Dont forget that.

Russia and Iran are much more desperate than USA in order to triggering a big war and avoid economic collapse.

Likely the agression that it will escalate up to a big war will be caused by Iran.

I don't know in what parallel world you live in. :woot:
 
I don't know in what parallel world you live in. :woot:

:lol:

Ask to your own government.

In that parallel world Germany Patriot antimissile in Turkey are "hacked" and a few weeks later German government announces Patriot withdrawal from Turkey in a few months.

And a few days later... Istanbul shooting: Two men detained after trying to storm German consulate in Dolmabahce Palace - reports | City A.M.

Yemen war started without warning, and the same will happen in the next ME war. Welcome to XXI century.

I think Germany government must be restlessness after Iran Deal and conversations between USA and Russia, like East-European countries after Molotov-Ribbentrop deal 75 years ago :D.
 
:lol:

Ask to your own government.

In that parallel world Germany Patriot antimissile in Turkey are "hacked" and a few weeks later German government announces Patriot withdrawal from Turkey in a few months.

And a few days later... Istanbul shooting: Two men detained after trying to storm German consulate in Dolmabahce Palace - reports | City A.M.

Yemen war started without warning, and the same will happen in the next ME war. Welcome to XXI century.

I think Germany government must be restlessness after Iran Deal and conversations between USA and Russia, like East-European countries after Molotov-Ribbentrop deal 75 years ago :D.

Oh, I see, the Spanish Gag Law is taking effect. Saying anything against NATO and the police will knock at your door. :lol:
 
Russia, China Hold 'Unprecedented' Joint Naval Drills

17:21 20.08.2015

Thursday saw the beginning of the second phase of Sea Cooperation – 2015, a large-scale joint military exercise between Russia and China.

1025863757.jpg

Russian Navy to Conduct Artillery Drills in Pacific Ocean

Russia and China have started the second phase of "Sea Cooperation – 2015", a series of naval exercises which are being conducted in Peter the Great Bay near the Russian Far Eastern city of Vladivostok, Russian media reports said.


Taking part in the drills from both sides are 22 warships, submarines and auxiliary vessels, 20 aircraft, more than 500 marines and 40 armored vehicles, according to Vice Admiral Alexander Fedotenkov, Deputy Chief of the Russian Navy. On August 24, the active phase of the eight-day exercise will begin.

The press service of the Russian Pacific Fleet stated, in turn, that the main goal of the exercises will be drilling joint operations at sea, on land and in the air.

Notably, the exercises are occurring at the same time as NATO’s ongoing airborne drills, which have already been described as the largest war games in Europe since the end of the Cold War.

Alexander Fedotenkov, for his part, touted the scale of the Russian-Chinese naval drills as "unprecedented".

Moscow and Beijing specifically stressed that the drills are not directed against other countries and aim to bolster "Chinese-Russian relations of comprehensive strategic interaction and partnership, deepen friendly military cooperation and strengthen combat capability to jointly confront threats in the sea," according to the Chinese Defense Ministry.

  • 1025981952.jpg
  • 1025976368.jpg
  • 1025976420.jpg
  • 1025976272.jpg
  • 1025975912.jpg

Russia, China Hold 'Unprecedented' Joint Naval Drills / Sputnik International
 
Chinese Fleet Arrives in Russian Port for Joint Naval Drill
2015-08-21





Russian military band perform during the welcoming ceremony for Chinese navy during the Joint Sea-2015 (II) drill on Aug. 20, 2015 in Vladivostok, Russia. The Joint Sea-2015 (II) drill takes place from Aug. 20 to 28 in the Peter the Great Gulf, waters off the Clerk Cape, and the Sea of Japan, this is the second China-Russia naval exercise this year.[Photo: Xinhua/Sun Yanxin]

A Chinese naval fleet has arrived at the Port of Vladivostok for the second phase of a joint naval drill with Russia.

Wang Hai, head of the Chinese Navy's side of the drill, says the drills they have planned in the coming days will cover anti-submarine warfare and air defense strategies.

"This year, we've broken our drills into two parts. The overall drills represent the friendly cooperation between the two navies, and believe we have made new steps forward. Compared to our drills last year, this year's drills are being carried out at a higher level."

A joint beach landing is also being planned.

This is the second naval exercise between China and Russia this year.

The two sides conducted drills in the Mediterranean in May.



Chinese navy destroyer Shenyang is seen during the Joint Sea-2015 (II) drill on Aug. 20, 2015 in Vladivostok, Russia. The Joint Sea-2015 (II) drill takes place from Aug. 20 to 28 in the Peter the Great Gulf, waters off the Clerk Cape, and the Sea of Japan, this is the second China-Russia naval exercise this year.[Photo: Xinhua/Sun Yanxin]



Russian honour guard react at the welcoming ceremony for Chinese navy during the Joint Sea-2015 (II) drill on Aug. 20, 2015 in Vladivostok, Russia. The Joint Sea-2015 (II) drill takes place from Aug. 20 to 28 in the Peter the Great Gulf, waters off the Clerk Cape, and the Sea of Japan, this is the second China-Russia naval exercise this year.[Photo: Xinhua/Sun Yanxin]
 
This is a big load of shit right now.

Also, China doesn't want the Bretton woods system to collapse. It wants to join the group of nations that form the rules and benefit from that. That is the reason to get itself involved in IMF, and asking for Yuan SDR Inclusion.

I would urge Chinese members here to try to be neutral and look reality.

The fraction of payments and reserves denominated in dollars has only increased, after the devaluation of Euro, and Yen.

Right now money is flowing into dollars from all places, even China. That is the reason China's foreign exchange is decreasing.
 

Country Latest Posts

Back
Top Bottom