What? One Canadian dollar buys .79 USD. That is a fact. You have it backwards. Read the news buddy.
That is correct i am wrong about the canadian dollar but i am not wrong about the yen, the Japanese yen is at the moment on one of its record values, you get a dollar for just 97 Yen, and Still the dollar is cheaper than a Euro and Pound,
Ukraine has made it very clear that it wants Russia out! So, then in would purchase arms from them………..Sorry, doesn’t make any sense!:confused:
The Ukrainian government is not supported by a great part of the ukranian population, many ukranians want the EU and US out of Ukraine, because Russia and Ukraine have still many economic and cultural links
Your own link has its own story about Air China’s falling share prices that is not in synch with what you said.
“Air China Ltd., the nation’s biggest international carrier, and China Eastern Airlines Corp. slumped to quarterly losses because of wrong-way bets on fuel prices and falling passenger numbers. “
Also, southern China is also the hub of the Chinese toy making industry. They were already being hit hard because of the lead paint scandals, causing cancellation of many contracts and business owners getting into hot water with the government. There won’t be any recess for that area, since a lot of the food related stuff is coming out from that region too, and the government clamping down on the melamine scandal.
If you own dollars and it becomes cheaper you lose money, if you support US dollars then you support US inflation, but if the US dollars devaluate international prices of oil and other comodities rise, demand falls in the US then you lose markets, cheap yuans won`t make you win more money.
Own US debt (treasury bonds) means also you own US dollars, devaluations do not benefit China at all, since the Yuan is peg to the US dollar.
Dumping the dollar works against China, since the US government has deal with the fact by allowing Cheap Chinese goods in the US by the Chinese buying US debt and therefore pegging the Yuan to the US dollars.
In fact China has kept the Yuan cheap so the US companies pay low salaries there and get profits in reserve currencies like the Yen or Euro and the US dollar it self.
If the chinese get profits in foreign reserves like the US dollars make their profits higher, dumping dollars won`t make the Europeans open the door to Chinese goods as the US has done.
China loses as much as the US from the current financial crisis and shows in reality how fragile is the chinese economy.
Undoubtedly China can use J-10s to threat possibles enemies but it won`t us them to feed the Chinese people, for that you need deals with the US to get foreing investment and currencies.
http://www.upiasia.com/Economics/2008/10/28/chinas_exports_to_lose_momentum/8258/
Yes actually especially against the Euro and Canadian dollar. Canadian dollar is down nearly 25% against the USD since summer. Euro and pound are also dropping steadily.
continue dreaming when the canadian dollar is worthed 1.25 US dollars and the Yen has reached records values of 96 yen per a single US dollar
Ukraine is simply not capable of moving Russian Black Sea fleet. Infact Russia is increasing Blacksea fleet. Ukraine is already becoming to Russia what Mexico is to US. U cannot have free borders with sharp wage differences and inflation moving in opposite directions.
EU is merely slogans left. It is EU necessity to cooperate with Russia not the otherway around.
That is statement is not true, Mexico is not to the US what Ukraine is to Russia, Canada is to the US what Ukraine is to Russia, however Ukraine has a different political situation, since Canada is more or less friendly to the US and enjoys prosperity, Ukraine is poor and Russia is not a super rich country as you claim, Ukraine can be bought with promises of wealth by the EU and that is one of the reasons they can buy western aircraft.
The Yuan is artificially valuated, and still using the US dollar as a prime indicator. The Chinese government can choose to tune its valuation up or down either way to suit their purposes.
If the US dollar goes down, so does the Yuan, which makes the Yuan cheaper and so Chinese exports become cheaper and more competitive. It actually stirs more domestic consumption of Chinese made products as opposed to imported products.
The Chinese companies going out of business are basically the toy companies that have been reaping the consequences of their negligence and ignorance. The Chinese government isn’t bailing them out although they’re making sure the employees are going to get paid their due.
Western banks are really in bad shape for the most part, except those in Canada, NZ and Australia. Across Europe, banks are being bailed out by their governments. Sarkozky, whom the French nicknamed as “the American” has increasingly taken on a Gaullist tone while Brown sounds increasingly socialist.
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That is correct but you fail to see a real reason for that, The Yuan is dollar dependant, because the US dollar also exports inflation, the Yuan can become cheaper as the dolalr becomes cheaper but prices won`t remain the same specially around the world, many chinese companies will lose their market value as has happened now
see:
The decline has caused Air China to fall to sixth from first among the world’s carriers by market value.
source http://www.bloomberg.com/apps/news?pid=20601087&sid=aZzdHH0RMQVo&refer=home
Tens of thousands of export-oriented companies in southern China have gone out of business as a result of falling demand, rising costs and tougher enforcement of environmental and labour laws
http://www.bangkokpost.com/291008_Business/29Oct2008_biz52.php
Devaluation? Are you talking about currently? Dollar is looking pretty strong compared to most currencies right now.
not specially against the Euro, canadian dollar and Yen
Look, you don’t seem to understand. You can’t collect on a Treasury Bond until they matures. There is even no point to repudiate them because by the time they mature, the conflict between China and the USA may have already passed and resolved after some years. And what’s the point, since you already gave the money. That’s like asking who borrowed from you your money back.
China’s real weapon lies in not buying future bonds and not renewing them at all as they mature. In other words, China cuts off the one export that really counts, the money. You got a junkie who is addicted in borrowing money, and you just cut off the supply. And simply _by not buying more_ Treasury Bonds, you can cause the demand for it to fall and with it, its value.
The Chinese have no leverage in terms of really controlling the western economies, in fact many Chinese companies have lost value due to the dollar devaluation.
What the chinese are doing is simply betting lending money to the US they will support an economy and a currency to feed the exporting machine they have created.
If the dollar loses value, then the export oriented Chinese economy loses value too and you can see that in the Chinese stock markets.
Like the Japanese are suffuering with a expensive Yen, the worst fear for China is an expensive Yuan.
The real winners in all of this are the western banks who are collecting the debt of the US economy in Europe and England
Well if we get into a fight with Venezuela in 10yrs, that might be of importance.
Nobody else thus far is buying them. Of course by then the F-35 will be in service along side the F-22, and the JDRADM will be entering service.:D
The PAK FA will be on sale by that time too;)
When was the IOC for the R-37/KS-172 again?:rolleyes:
Why do you all keep harping on these missiles, when they were clearly not designed with Fighters in mind. IF they can hit a manuevering target, IT’S NOT gonna be at 400km. The R-77 has been a disappointment, which is why the R-27ER is preferred. The AIM-120D has a longer range than the RVV-AE-PD, and the C7 is already capable of similar ranges(but with a better seeker and pK). When the JDRADM comes online, there won’t be any Russian AAM of similar capabilities.
The Su-35BM will have newer missiles
In so doing, crash their economies to the ground. What you are saying is economic suicide.
Nope. China only holds $500 billion in Treasury Accounts, which by the way, as they continually mature you need a constant level of buying new ones to keep the same level. And the US needs China to keep buying new bonds to maintain the same level. As a matter of fact, China’s level of Treasury bonds have remained steady while its surplus has grown to nearly $2 trillion.
The fact that the US needs a diet of $30 billion per day of foreign investment to keep the economy from tanking is the reason why it needs to avoid conflict with its creditors.
The US debt is now over $10 trillion. Debt is not a solid figure that is made some time ago and remains constant. As older debt matures and is paid off, you keep racking new debts to take their place. The figure you get is the net result.
Cancellation of the Bonds does not mean anything because the money is already spent by the US. But what you don’t get is new investment, not just from China, but also from all other investors, Russia, India, and the Middle East included. And when you got less people buying the bonds, the value of the bonds will tank, resulting in a cascade that will either make existing bond holders sell their bonds, and stop buying new bonds when existing ones mature.
Confiscation of China owned Treasury bonds will likewise force a retaliation of China confiscating of US company owned assets in China.
the US economic system is finished, the days where everybody could export to the US and the US only exported the dollar are finished.
China can not confiscate those assets since doing it won`t be a solution, the US can simply increase the devaluation of the US dollar and devaluated the currency even further more so China even with those goods will sooner or later lose its markets.
For China its meaningless confiscating the assets, its like when the luftwaffe got MiG-29s, sooner or later the MiG-29s became worthless.
for China and Japan the only solution is instead of being only exporters, is to become importers of goods but exporters of know how.
Create a common market with other nations.
China already can do that since at least in aerospace has enough goods and knowledge to sell from J-8IIs, J-10s to satellite tecnology besides rockets.
This at the long run means China will become the leader in the asian Pacific region, not in latin america but at least in the far east, this can generate her some conflicts with Australia and the desire to control Oceania
No, because the new weapon-systems are no longer in need of such “kinematic” support. The people here are much more backward orientated as the military blamed about that for a long time. 😀
They are in need of those kinematics if not the F-22 would not have thrust vectoring nozzles, but most of manufacturers and air forces are opting for cheaper aircraft with the most cost effective systems.
Just screaming fan boy tonight aren’t we?
The above paragraph has no qualifiers, makes no sense, has no proof and even contradicts itself by saying first Chinese radars are based on Russian therefore they are good. Then the last sentence states that Russian radars are worse then Eurofighters and Gripens.
Grasping at straws at this point, this has degenerated into fan boy nonsense.
Uhm…. did i mean that? is the question, i meant operational MiG-29s and Su-27s in the current russian air force are old aircraft with aging equipment, russia has not modernized a lot of her aircraft and most of modern Su-35s and MiG-29OVTs are too little or mostly prototypes.
Russia has excellent technology but it has mostly built modern versions for export and very few advanced super Flankers or super Fulcrums.
Most Chinese Su-27s were too simple and the Su-30MKK were more or less modern aircraft.
The CAPTOR of the Eurofighter is also an old type radar, most of what people claim for modernity are prototypes.
So the J-10 is more or less a modern operational airplane
Upgrades are costly and very advanced aircraft too, usually aircraft are standard and simplier designs
With all due respect to the J-10 fanboy’s on this thread let me say this…
If Chinese weapons and avionics were as good as advertised to date, then why does Pakistan require significant western avionics and possibly weapons be integrated onto the JF-17 Thunder? Does COTS and Russian influence, along with the obvious technical improvements in China mean they are making better and better avionics? Yes of course it does. Can they be classed in the same league as Russian, Western European or American systems as of yet? I would respectfully submit they cannot.
They can be classified as good as the European and Russian systems for sure.
The J-10 radars are as good as the Israeli and Russian technology they are based upon, Israel has excellent radars and Russia too, China has probably mastered that technology they have already recieved, most Eurofighters have old radar technology and the same applies to the JAS-39, the current operational MiG-29s and Su-27 or Su-33 are the same even worst, so basicly they are on par to most operational aircraft fielded in Europe and Russia and even most fourth generation fighters in the US
The current J-10s are good aircraft and correspond to most of the current technology available everywhere for operational fourth genration aircraft.
Future J-10s will be too as advanced as most of fourth generation aircraft currently in design or begining to enter service
So China is a major power and has to be treated with respect, feelings of superiority or envy are common among the critics of Chinese technology but in reality the Chinese have mastered most of the technology needed for a F-16 or Gripen type aircraft
In future air wars the Chinese most likely will shock the world with the J-10
The same nonsense all over again. The present fighters are weapon-systems.
The combat value is given by the SA and speed of avionics (systemintegration or automation).
The Flogger 98 upgrades offer gave an idea about that, when OKB-MiG did claim rises of over 400 % compared to a MLD from the 80s.
All that did rise the empty equipped values to new levels, when “agility” is a design feature of the 70s and 80s, when such was seen to reduce the performance levels of AAMs. Modern pilots will keep positions, which do allow their EW-suit to deal with such threats.
The F-18E was built with the knowledge about stealth in mind already. You can put as much RAM on your Flanker and it will be a “lighthouse” compared to a F-18E. Stealth is not a linear affair and has nothing to do with size. So first step to reduce your radar-signature for relevant frequencies is, to reduce the peak values. Pilots may have a rough idea only, what radar return may be created by his fighter at any given position to every threat around, at least when the own EW was at work. That is the task of the own systems and the related software, when modern pilots are just a human-computer/sensor integrated in that system or to deal with situations not be covered by the own software. In the near future we will see unmanned systems, which will replace manned fighters in more and more mission roles.
The Europeans had skipped stealth fighters and had jumped to that systems already. In the future we will see a mix of both systems, when the lionsshare will go to unmanned systems. 😉
the weapon systems can be summarized like this
specialized attack version of the F/A-18 with RCS treatment and downgraded agility with more advanced weapons and radar.
The airframe is not better for agility so any justification you give won`t change that matter the aircraft is a f/A-1E a small fighter F and a capital A for attack so it is a good attack aircraft with an excellent defence system without improved agility.