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KIBU
ParticipantOn the first few days after the event, it was interesting how many “expert” were caught off guard trying to understand the sudden war prone situation in Korea. I say this because many of their analysis were shallow, showing they did not look at Asia as a whole but based only the North South Korea conflict. They created linkages; Korea is going thru power transition, Korea is acting out….hence, the power transition has to have something to do with this…..etc.
If they have seen the overall picture of how America in the recent years has slowly reasserted its interest in Asia after years of neglect, how China has flexed its giant muscle on its neighbors and declared its ownership in disputed regions of the pacific ocean, how China has been angry with US presence in the area….etc, they would have understood how China continue to play their North Korea card as bargaining chips with the US.
What does North Korea get from this? China’s loyal and continued support economically, politically for the dictatorship regime to survive. As long as North Korea will continue to be the China’s card (threat for potential instability) so China could keep the bargaining chips valuable in its diplomatic games with the US and serves as a buffer zone. It’s a mutually beneficial relationship between the 2.
The event that happened, some said is not directed at South Korea, but at the US. A delegation from China is in South Korea now talking with everyone trying to “calm” different parties down to avoid war…When no one can really do much, China has been and will continue to be the only party that could do anything to influence North Korea….That is a good position to bargain things.
KIBU
ParticipantOn the first few days after the event, it was interesting how many “expert” were caught off guard trying to understand the sudden war prone situation in Korea. I say this because many of their analysis were shallow, showing they did not look at Asia as a whole but based only the North South Korea conflict. They created linkages; Korea is going thru power transition, Korea is acting out….hence, the power transition has to have something to do with this…..etc.
If they have seen the overall picture of how America in the recent years has slowly reasserted its interest in Asia after years of neglect, how China has flexed its giant muscle on its neighbors and declared its ownership in disputed regions of the pacific ocean, how China has been angry with US presence in the area….etc, they would have understood how China continue to play their North Korea card as bargaining chips with the US.
What does North Korea get from this? China’s loyal and continued support economically, politically for the dictatorship regime to survive. As long as North Korea will continue to be the China’s card (threat for potential instability) so China could keep the bargaining chips valuable in its diplomatic games with the US and serves as a buffer zone. It’s a mutually beneficial relationship between the 2.
The event that happened, some said is not directed at South Korea, but at the US. A delegation from China is in South Korea now talking with everyone trying to “calm” different parties down to avoid war…When no one can really do much, China has been and will continue to be the only party that could do anything to influence North Korea….That is a good position to bargain things.
KIBU
ParticipantOn the first few days after the event, it was interesting how many “expert” were caught off guard trying to understand the sudden war prone situation in Korea. I say this because many of their analysis were shallow, showing they did not look at Asia as a whole but based only the North South Korea conflict. They created linkages; Korea is going thru power transition, Korea is acting out….hence, the power transition has to have something to do with this…..etc.
If they have seen the overall picture of how America in the recent years has slowly reasserted its interest in Asia after years of neglect, how China has flexed its giant muscle on its neighbors and declared its ownership in disputed regions of the pacific ocean, how China has been angry with US presence in the area….etc, they would have understood how China continue to play their North Korea card as bargaining chips with the US.
What does North Korea get from this? China’s loyal and continued support economically, politically for the dictatorship regime to survive. As long as North Korea will continue to be the China’s card (threat for potential instability) so China could keep the bargaining chips valuable in its diplomatic games with the US and serves as a buffer zone. It’s a mutually beneficial relationship between the 2.
The event that happened, some said is not directed at South Korea, but at the US. A delegation from China is in South Korea now talking with everyone trying to “calm” different parties down to avoid war…When no one can really do much, China has been and will continue to be the only party that could do anything to influence North Korea….That is a good position to bargain things.
KIBU
ParticipantOn the first few days after the event, it was interesting how many “expert” were caught off guard trying to understand the sudden war prone situation in Korea. I say this because many of their analysis were shallow, showing they did not look at Asia as a whole but based only the North South Korea conflict. They created linkages; Korea is going thru power transition, Korea is acting out….hence, the power transition has to have something to do with this…..etc.
If they have seen the overall picture of how America in the recent years has slowly reasserted its interest in Asia after years of neglect, how China has flexed its giant muscle on its neighbors and declared its ownership in disputed regions of the pacific ocean, how China has been angry with US presence in the area….etc, they would have understood how China continue to play their North Korea card as bargaining chips with the US.
What does North Korea get from this? China’s loyal and continued support economically, politically for the dictatorship regime to survive. As long as North Korea will continue to be the China’s card (threat for potential instability) so China could keep the bargaining chips valuable in its diplomatic games with the US and serves as a buffer zone. It’s a mutually beneficial relationship between the 2.
The event that happened, some said is not directed at South Korea, but at the US. A delegation from China is in South Korea now talking with everyone trying to “calm” different parties down to avoid war…When no one can really do much, China has been and will continue to be the only party that could do anything to influence North Korea….That is a good position to bargain things.
November 19, 2010 at 10:43 PM in reply to: Our Great Uncle Sam is still the uncle of all uncles……I definitely agree #632314KIBU
ParticipantFrom the article that made fun of Warren ‘s letter, I see lots of blamings, and then when it comes to “alternative” solution, it looks back and asks for fixing the “cause” by simply retracting, going backward toward the causes of the crisis and fix there, reminding me of similarity to Hoover’s responses to the great depression.
Many assume that because one knows the cause of the crisis now, to fix it, one simply do the reverse course to save the day. That is not correct in all circumstances. When the world was at risk of a financial collapse, losing credits, stop lending, a greater than a depression was looming to jump out and sink for good the world economy as we know it. All of the feds actions to throw money at the problem, save the banks, save the big investors, save the pillars of the financial system-regardless of how unfair it was at the time- eventually come back and saved us all.
The term “bail out” has been over-used and have created knee jerk reflexes without much thinking of the benefits to us all.
Yes, it was your tax money that did these bail outs. Yes, without these bail out, you may not have a job right now, much less paying taxes to uncle Sam.
I give an A for the Ben and Co for the efforts they have done and the results of buying time for a defective ship from sinking immediately. Buying time has its side effects, but at least we are alive to fight the side effects in another day.
November 19, 2010 at 10:43 PM in reply to: Our Great Uncle Sam is still the uncle of all uncles……I definitely agree #632392KIBU
ParticipantFrom the article that made fun of Warren ‘s letter, I see lots of blamings, and then when it comes to “alternative” solution, it looks back and asks for fixing the “cause” by simply retracting, going backward toward the causes of the crisis and fix there, reminding me of similarity to Hoover’s responses to the great depression.
Many assume that because one knows the cause of the crisis now, to fix it, one simply do the reverse course to save the day. That is not correct in all circumstances. When the world was at risk of a financial collapse, losing credits, stop lending, a greater than a depression was looming to jump out and sink for good the world economy as we know it. All of the feds actions to throw money at the problem, save the banks, save the big investors, save the pillars of the financial system-regardless of how unfair it was at the time- eventually come back and saved us all.
The term “bail out” has been over-used and have created knee jerk reflexes without much thinking of the benefits to us all.
Yes, it was your tax money that did these bail outs. Yes, without these bail out, you may not have a job right now, much less paying taxes to uncle Sam.
I give an A for the Ben and Co for the efforts they have done and the results of buying time for a defective ship from sinking immediately. Buying time has its side effects, but at least we are alive to fight the side effects in another day.
November 19, 2010 at 10:43 PM in reply to: Our Great Uncle Sam is still the uncle of all uncles……I definitely agree #632965KIBU
ParticipantFrom the article that made fun of Warren ‘s letter, I see lots of blamings, and then when it comes to “alternative” solution, it looks back and asks for fixing the “cause” by simply retracting, going backward toward the causes of the crisis and fix there, reminding me of similarity to Hoover’s responses to the great depression.
Many assume that because one knows the cause of the crisis now, to fix it, one simply do the reverse course to save the day. That is not correct in all circumstances. When the world was at risk of a financial collapse, losing credits, stop lending, a greater than a depression was looming to jump out and sink for good the world economy as we know it. All of the feds actions to throw money at the problem, save the banks, save the big investors, save the pillars of the financial system-regardless of how unfair it was at the time- eventually come back and saved us all.
The term “bail out” has been over-used and have created knee jerk reflexes without much thinking of the benefits to us all.
Yes, it was your tax money that did these bail outs. Yes, without these bail out, you may not have a job right now, much less paying taxes to uncle Sam.
I give an A for the Ben and Co for the efforts they have done and the results of buying time for a defective ship from sinking immediately. Buying time has its side effects, but at least we are alive to fight the side effects in another day.
November 19, 2010 at 10:43 PM in reply to: Our Great Uncle Sam is still the uncle of all uncles……I definitely agree #633093KIBU
ParticipantFrom the article that made fun of Warren ‘s letter, I see lots of blamings, and then when it comes to “alternative” solution, it looks back and asks for fixing the “cause” by simply retracting, going backward toward the causes of the crisis and fix there, reminding me of similarity to Hoover’s responses to the great depression.
Many assume that because one knows the cause of the crisis now, to fix it, one simply do the reverse course to save the day. That is not correct in all circumstances. When the world was at risk of a financial collapse, losing credits, stop lending, a greater than a depression was looming to jump out and sink for good the world economy as we know it. All of the feds actions to throw money at the problem, save the banks, save the big investors, save the pillars of the financial system-regardless of how unfair it was at the time- eventually come back and saved us all.
The term “bail out” has been over-used and have created knee jerk reflexes without much thinking of the benefits to us all.
Yes, it was your tax money that did these bail outs. Yes, without these bail out, you may not have a job right now, much less paying taxes to uncle Sam.
I give an A for the Ben and Co for the efforts they have done and the results of buying time for a defective ship from sinking immediately. Buying time has its side effects, but at least we are alive to fight the side effects in another day.
November 19, 2010 at 10:43 PM in reply to: Our Great Uncle Sam is still the uncle of all uncles……I definitely agree #633411KIBU
ParticipantFrom the article that made fun of Warren ‘s letter, I see lots of blamings, and then when it comes to “alternative” solution, it looks back and asks for fixing the “cause” by simply retracting, going backward toward the causes of the crisis and fix there, reminding me of similarity to Hoover’s responses to the great depression.
Many assume that because one knows the cause of the crisis now, to fix it, one simply do the reverse course to save the day. That is not correct in all circumstances. When the world was at risk of a financial collapse, losing credits, stop lending, a greater than a depression was looming to jump out and sink for good the world economy as we know it. All of the feds actions to throw money at the problem, save the banks, save the big investors, save the pillars of the financial system-regardless of how unfair it was at the time- eventually come back and saved us all.
The term “bail out” has been over-used and have created knee jerk reflexes without much thinking of the benefits to us all.
Yes, it was your tax money that did these bail outs. Yes, without these bail out, you may not have a job right now, much less paying taxes to uncle Sam.
I give an A for the Ben and Co for the efforts they have done and the results of buying time for a defective ship from sinking immediately. Buying time has its side effects, but at least we are alive to fight the side effects in another day.
KIBU
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