• Best Korea fires mortars at Worst Korea - Developing Story
    3,449 replies, posted
[QUOTE=CabooseRvB;26292795]They're already committing economic suicide if they go to war with us. They make a profit out of the US and how they do it is by pegging down their currency so that their products are cheaper so that we and other countries and suck on it's tit. They're smart enough that war with the U.S. is not economically beneficial and there is no way in Hell there are going to follow those old-ass Commies that followed Mao back in the day.[/QUOTE] True. Well, I guess that answers the worst case scenario then.
[QUOTE=Raiskauskone V2;26290258]Haha, what? The whole world's economy is depending on China, it was the only country in the whole fucking world that kept doing good while the rest took massive hits on economy. Cutting ties right now to China would positively, surely, fuck every single country up into a wrecked piece of shit with no hope of ever coming fully up again (not in a 300 years, that is). Whatever you are smoking is causing your brains to die, stop for christ's sake. Because this is just stupidest thing I've ever heard[/QUOTE] Actually, what I was thinking about what might happen when the embargo would happen is that China might realize that fighting for a failure of a country such as North Korea isn't worth it if the most important countries that are tied in China's economy would embargo it. It's more of a strategy that's meant for threatening rather than for preventing a war, althrough it might just manage to stop one from happening. [editline]25th November 2010[/editline] [QUOTE=CabooseRvB;26292795]It's economic suicide if they go to war with us. They make a profit out of the US and how they do it is by pegging down their currency so that their products are cheaper so that we and other countries and suck on it's tit. They're smart enough that war with the U.S. is not economically beneficial and there is no way in Hell there are going to follow those old-ass Commies that followed Mao back in the day.[/QUOTE] Exactly. China would get [I]absolutley nothing[/I] from siding with NK. The most sensible thing they can do is pulling the neutral card so they can preserve their economy and not get tied in fighting a lost cause for a country ruled by an insane fanatic.
[QUOTE=R3mix;26292708]I had a good laugh from the last word, have to admit that was a funny way to finish it. Yeah, I mean I can understand that it would take a long time, but you have to admit. Assuming the worst case scenario here like we have for the past god knows how many pages now... Let's say China were to take North Korea's Side, and a war did start. Wouldn't you figure the best way to win the war would be to perhaps hurt them economically?[/QUOTE] China's economy is based on exporting cheap goods manufactured by cheap labor... if most of the countries they exported to stopped trading with them China's economy would fail. However this is a double-edged sword. Whichever countries stop trading with them also run out of cheap labor and will have an economic breakdown until they can recover.
[QUOTE=SomeRandomGuy18;26293126]China's economy is based on exporting cheap goods manufactured by cheap labor... if most of the countries they exported to stopped trading with them China's economy would fail. However this is a double-edged sword. Whichever countries stop trading with them also run out of cheap labor and will have an economic breakdown until they can recover.[/QUOTE] It's pretty much a host/parasite relationship between the west and china, except we both play host and parasite to different aspects of the economy.
[release][B][U]Korean conflict, European worries weigh on stocks[/U][/B] NEW YORK (AP) -- Stocks fell Tuesday as a flare-up of tensions between North and South Korea combined with downbeat news on the economy gave investors plenty of reasons to sell ahead of the Thanksgiving holiday. The dollar and gold rose as investors sought safe places to park money. North Korea and South Korea exchanged artillery fire, killing at least two South Korean marines. That came as investors were already concerned that a bailout of Ireland may not be enough to contain Europe's debt crisis. Borrowing costs for Portugal and Spain rose, leading Spain to trim the size of a debt sale. In the U.S., sales of previously-owned houses dipped 2.2 percent in October. Also, Federal Reserve officials became more pessimistic and lowered their outlook for economic growth for the next year. The Dow Jones industrial average fell 142.21, or 1.3 percent, to 11,036.37. The Standard & Poor's 500 lost 17.11, or 1.4 percent, to 1,180.73. The Nasdaq composite index fell 37.07, or 1.5 percent, to 2,494.95 The clash between North and South Korea was one of the most dramatic between the two rivals since the end of the Korean war. Fifteen South Korean soldiers and three civilians were injured in the artillery exchanges. The escalating tensions came shortly after the reclusive North Korean regime claimed to have a new uranium enrichment facility and six weeks after the country's leader Kim Jong Il anointed his youngest son as his heir apparent. The showdown between the two countries raises tensions in Asia, but was seen as less of an immediate danger in the U.S. Traders said the showdown was seen by many as an excuse to pare back exposure to risk ahead of the Thanksgiving holiday Thursday. Trading is expected to be light Wednesday as people leave early. Markets will be open for an abbreviated session on Friday. "Investors don't want to go into the holiday with any lingering doubts," said John Derrick, director of research for U.S. Global Investors. "The tensions in Korea just gave them another excuse to sell." Hewlett-Packard Co. was the only one among the 30 stocks that make up the Dow Jones industrial average to rise. Shares gained 2.2 percent after the technology company beat Wall Street's expectations for revenue and income thanks to strong corporate spending. Energy shares led the decline as the price of crude oil fell. Chevron Corp. fell 2 percent, while ExxonMobil Corp. lost 1.7 percent. A widening probe into insider trading was still weighing on financial shares Tuesday, a day after FBI agents raided the offices of three hedge funds. JPMorgan Chase & Co. was the worst-performing major bank with a 2.3 percent decline, followed closely by Goldman Sachs Group Inc. with a 2 percent fall. In other gloomy news on the economy, the Federal Reserve lowered its forecast for growth through next year. In a report releasing minutes from its last meeting Nov. 3, the Fed predicted that the economy will grow only 2.4 percent to 2.5 percent this year. That's down sharply from a previous projection of 3 percent to 3.5 percent. Next year, the economy will expand by 3 percent to 3.6 percent, the Fed said, also much lower than its June forecast. The darker view helps explain why the Fed decided at its meeting earlier this month to launch another round of stimulus. The central bank plans to buy $600 billion in Treasury bonds over the next eight months in an effort to lower interest rates and spur more spending. Treasury prices rose, sending their yields lower. The yield on the 10-year Treasury slipped to 2.78 percent, down from 2.80 percent late Monday. That rate is a widely used benchmark for business and consumer loans including mortgages. The dollar rose 1.3 percent against an index of six other currencies and the euro fell 1.8 percent against the dollar. Gold rose 1.5 percent to $1,377.60 an ounce. The VIX, a measure of volatility in U.S. stock prices, jumped 14 percent to 21. The index had been steadily falling since May 20 when it went as high as 45, its highest level of the year. Among gainers was retailer J. Crew Group Inc., which is being taken private in a $3 billion deal with two investment firms. Shares rose $6.34, or 17 percent, to $43.99. Wednesday will bring an unusually large amount of economic data since several reports that normally come out Thursday are being moved up because of the holiday. Reports are due out on weekly claims for unemployment benefits, durable goods and personal income. Falling shares outpaced rising shares by four to one on the New York Stock Exchange. Consolidated volume was 4.2 billion shares. Source: [url]http://finance.yahoo.com/news/Korean-conflict-European-apf-1448671180.html?x=0[/url][/release]
an insightful comment from a youtuber: Are you high? If the battle continues, WW3 would be created, due to modern weapons such as nuclear and bio-weapons. I think its not a good idea to* be involved. We would end up killing our selves. The U.S maybe powerful but it cant withstand its power. China and N Korea are the next superpowers. You seem confident about us beating China and N Korea. Well don't be, they're as much powerful as much as we are.
[QUOTE=W0w00t;26240642]Any moment now, "BREAKING NEWS: NORTH KOREAN TANKS STORM OVER DMZ"[/QUOTE] Right after that we'd see "breaking news: US and S.Korea fucks N.Korea up the ass." China'd probably stay the fuck out of it considering most of their industry comes from the USA. An embargo on chinese made products would fuck them up.
[QUOTE=Capn'Underpants;26293729]Right after that we'd see "breaking news: US and S.Korea fucks N.Korea up the ass." China'd probably stay the fuck out of it considering most of their industry comes from the USA. An embargo on chinese made products would fuck them up.[/QUOTE] It'd also fuck us up :s
[QUOTE=R3mix;26292545]You do realize, that they're rating me dumb because they disagree with me? You're an idiot. :frog: 1. Nobody said we are going to war with China. Are you also denying that our Treasury rose because of North Korea's shelling on South Korea? 2. Obviously we're not going to war with China, they wouldn't dare help NK because it'd endanger their economy. 3. :frog:[/QUOTE] did you just find out about :frog: or what half of your replies are :frog: or :frogsiren: [editline]25th November 2010[/editline] :frog:
[QUOTE=cccritical;26293847]did you just find out about :frog: or what half of your replies are :frog: or :frogsiren: [editline]25th November 2010[/editline] :frog:[/QUOTE] I posted it first in response to one of his statements. I take full responsibility :smith:
[QUOTE=Emperor Scorpious II;26293872]I posted it first in response to one of his statements. I take full responsibility :smith:[/QUOTE] oh god no now he'll use :smith: why do you do this to us
[QUOTE=Tetracycline;26293907]oh god no now he'll use :smith: why do you do this to us[/QUOTE] Seriously :colbert: [editline]flkasdf[/editline] OH GOD WHAT HAVE WE DONE
If I post a link to the smiley list, will it cause Armageddon?
whatever you do don't mention sae.tweek.us [editline]25th November 2010[/editline] ETA to green-bean casserole, ninety mikes and counting
North Korea is pretty good at making Youtube videos.
I forgot what this thread was about.
[QUOTE=Pascall;26295341]I forgot what this thread was about.[/QUOTE] "we're all gonna dieeeeeeee!!!"
So do you guys think this will turn into a full scale war? Or will it be just like when NK "sank" that SK ship a couple of months ago?
[QUOTE=booster;26295577]So do you guys think this will turn into a full scale war? Or will it be just like when NK "sank" that SK ship a couple of months ago?[/QUOTE]Assuming no more incidents occur within a certain timeframe, in other words things are allowed to cool down, then it'll be just like all the other incidents since the end of the war i.e. bugger all will happen.
Oh man, one wrong move will send this whole situation to shit. Let's hope nothing else happens, at least until everything settles down.
[QUOTE=Pascall;26295341]I forgot what this thread was about.[/QUOTE] It's not really about anything until something happens in Asia.
Ten thousand more views until it's the 2nd most viewed thread in the news section (or in the whole world).
[QUOTE=Miskatonic;26296879]Ten thousand more views until it's the 2nd most viewed thread in the news section (or in the whole world).[/QUOTE] :f5:
Not sure if late, but worst Korea has ordered their troops up to the border line.
[QUOTE=acidcj;26297346]Not sure if late, but worst Korea has ordered their troops up to the border line.[/QUOTE] Source? Not implying you're making it up, I just want to read more.
Source, but doesn't say much more... [url]http://www.msnbc.msn.com/id/40372439/ns/world_news-asiapacific/[/url]
[QUOTE=acidcj;26297346]Not sure if late, but worst Korea has ordered their troops up to the border line.[/QUOTE] Oh god if this is true, shit's about to go down.
[QUOTE=acidcj;26297381]Source, but doesn't say much more... [url]http://www.msnbc.msn.com/id/40372439/ns/world_news-asiapacific/[/url][/QUOTE] It's war games. They wouldn't be releasing these to the press if they're actually initiating a real push across the border.
[QUOTE=CabooseRvB;26297394]It's war games. They wouldn't be releasing these to the press if they're actually initiating a real push across the border.[/QUOTE] I don't think they're planning an invasion, but this definitely ups the tension between both countries. NK will probably mobilize as well, and that would create a very dangerous situation.
[QUOTE=Micr0;26297419]I don't think they're planning an invasion, but this definitely ups the tension between both countries. NK will probably mobilize as well, and that would create a very dangerous situation.[/QUOTE] Well, putsch or not, it's just a precautionary drill, or just flexing of muscle like they do with naval practices.
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