To Valich:
I was almost sure you were concerned with an economic takeover, as I am, not a military one* and I think that the base for economic takeover is being well constructed now, mainly by US increasing its debts, but also by Chinese intelligence, hard work, and almost 2 million new workers coming
monthly into China's urban work force from the fields^, plus a controlled, non-floating, Yuan are also reasons for the China’s steady success in taking over the US economically.
To All:
(A few minutes ago, just before signing on to sciforums, I read yet another financial service's strong recommendation to sell GM stock, to establish a 2005 tax loss, even though it is now at 23 year low, as next year it probably will be even lower, if not worthless.) China is definitely winning this economic war, and has not yet fired its big gun. They are still putting powder in that gun's chamber (building up their dollar hoard). Japan needs US protection so even though they have an even greater hoard of dollars, they will not
start a run on the dollar, but will be forced to join the crowd of central banks dumping dollars when China fires that economic gun to make the dollar worth much less and oil too expensive for US to import in adequate quantity for its economy.
Currently China has not yet developed a population rich enough to absorb all its full productive capacity, so China needs trade with US et. al., but it is by far the world's fastest growing market for cars, for computers, for imported food^, etc. In a few years, after China's big gun has been fired (dollars dumped by buying oil in ground and other assets, almost regardless of price.), and the flood of dollars has collapsed their value, most of the world will be in very deep depression, except for a few areas like China (and possibly India) that have great productivity and huge internal markets that their production facilities, even running at near 100% of capacity, can not fully satisfy (the domestic demand).
I.e. It will be a strange world - Part in deep depression and an isolated part in run-a-way boom. Brazil and a few other mainly raw material exporters and food product producers, will be helped by the Boom part's demand, but hurt by the near zero exports to the depressed part. (In 2005 Brazil’s exports were 117 billion US dollars and imports were 44 billion less. 1.3 billion of Brazil’s exports were soybeans, mainly to China, but iron ore exports were larger, a yet unknown total. - China has a 25 year contract for iron ore from Brazil now. Is paying for port improvements, building railroads, etc. to get the ore out more efficiently. China has a 50 year development plan for its economy and is ahead of schedule. In 2005 Brazil became a net exporter of oil, in small part because alcohol, natural gas and biodiesel are displacing gasoline domestically. Brazil will be OK as an economic colony of China.)
___________________________________
*Since China is winning the economic war, it would be silly to start a military one which would destroy China. I get annoyed at the foolish posts that do appear in this thread discussing the military war, with China trying to occupy US etc. That is less probable than an invasion from Mars. So rather than talk about Chinese using cobalt bombs, etc. if we must discuss military war, lets talk about the method Martians would use - They are well adapted to low atmospheric pressure, so I bet their plan is suck up 2/3 of the atmosphere with super vacuum cleaner and take it away.
(Few people realize that the Martian test of the prototype of the vacuum cleaner is the true cause of the "ozone hole." - The CIA knows this is fact, but they never tell the truth.)
^The migration to the cities, unprecedented in human history, now occurring in China is good news for Brazil and other food exporters. The needs of their factories for raw material are also. Chinese demand if the main reason almost all commodity prices have at least doubled in last few years. I do not understand how so many people can be blind to the economic victor of China, which is already so evident.
For example, in seven mid-western US industrial states, the average annual salary (of those who still have jobs? or everyone? BBC not clear on this.), is down $16,000! - This BBC news report is hard for me to believe, but it is the industrial mid west that has been hardest hit in the economic war now in progress and it is true that the national average US wage (In inflation adjusted dollars) has decreased every year of the last four, so perhaps it is true, if the base of comparison used is the peak salaries of several years ago. (BBC was not clear on what the 16K was down from or if inflation adjusted or not.)