New world order - east vs west

[SeymourCake]

Speaking at the 95th anniversary of the founding of the Chinese Communist Party last month, Xi Jinping delivered what Western analysts are calling an "incendiary speech" in which he called for a military union with Russia that would render NATO "powerless" and "put an end to the imperialist desires of the West."

"The world is on the verge of radical change," said the increasingly frustrated Chinese President. "We see how the European Union is gradually collapsing, as is the US economy – it is all over for the new world order."

Rallying support among his countrymen, Xi Jinping declared "it will never be as it was before, in 10 years we will have a new world order in which the key will be the union of China and Russia."

http://sputniknews.com/asia/20160814/1044245639/china-russia-putin-xi-nato.html

Our NWO vs Russia/China's NWO - this **** is about to get real interesting

 

[Bible_Belt]

China's economy isn't doing so hot, either, and that is assuming they are not cooking the books and lying more than usual. China sells cheap crap to the US. If we can't buy their crap, then someone else has to. Russia doesn't have the money to step in to take our place as consumers of all that crap. The two of them together are a formidable military power, but not much of an economic power. That economic disadvantage would slowly erode them over time, so then the only wise choice for them would to be to start a war right away and win it.

 

[Bokanovsky]

China's economy isn't doing so hot, either, and that is assuming they are not cooking the books and lying more than usual. China sells cheap crap to the US. If we can't buy their crap, then someone else has to.

The Chinese economy is not as depend on trade with the U.S. as you think. This is not the 1990's anymore. Exports to the U.S. make up about 7% of China's GDP. Today, the number one consumers of cheap Chinese crap are the Chinese themselves. Plus, the U.S. cannot simply stop buying Chinese imports. Due to outsourcing, America no longer has the industrial base to manufacture most types of consumer goods.

 

[taiyuu_otoko]

Source

China is the largest export economy in the world and the 37th most complex economy according to the Economic Complexity Index (ECI). In 2014, China exported $2.37T and imported $1.53T, resulting in a positive trade balance of $834B.

They are the largest export economy in the world. And...

The top export destinations of China are the United States ($432B),Hong Kong ($258B), Japan ($166B), Germany ($101B) and South Korea($88.9B).

Their top export destination is the United States.

The top exports of China are Computers ($208B), Broadcasting Equipment ($157B), Telephones ($107B), Integrated Circuits ($61.5B) and Office Machine Parts ($46.9B),

Going to war with the U.S. would be very bad for business.

BUT what China and Russia ARE trying very hard to do is come up with a monetary system other than the dollar.

They don't want to bomb each other, and they NEED to keep trading with each other. BUT they want to use money other than the dollar to do so.

Hence all the BFF pics of Putin and Jinping

Gold Backed Russian Ruble, Chinese Yuan Primed To Destroy U.S. Dollar As Global Reserve Currency

“In 2014 Russia and China signed two mammoth 30-year contracts for Russian gas to China. The contracts specified that the exchange would be done in Renminbi [yuan] and Russian rubles, not in dollars. That was the beginning of an accelerating process of de-dollarization that is underway today,” strategic risk consultant F. William Engdahl writes in his article for New Eastern Outlook.

Russia and China are now creating a new paradigm for the world economy and paving the way for a global de-dollarization.

“A Russian-Chinese alternative to the dollar in the form of a gold-backed ruble and gold-backed Renminbi or yuan, could start a snowball exit from the US dollar, and with it, a severe decline in America’s ability to use the reserve dollar role to finance her wars with other peoples’ money,” Engdahl concludes.

 

[Julian]

gold backed I highly doubt it. the same banks that run the rest of the world, run Russia and China as well.

 

[backseatjuan]

The two of them together are .... not much of an economic power. That economic disadvantage would slowly erode them over time

What are you going to use to heat your house in the winter? Where are you going to get it from? I bet you are going to get a credit and buy some gas from Russia. Speaking of your debt, it's enormous, how are you going to pay it off?