Rumsfeld's Ominous Noises on China

Rob Schaap rws at comedu.canberra.edu.au
Mon Jun 4 20:35:54 PDT 2001


Fresh from some entrail-analysis on 3 May, I wrote:

"I also bet a bottle a pop that (a) we're near the end of a dead-cat bounce, as "investors" and lenders are about to realise that residential employment and earnings shouldn't be going backwards while residential debt is climbing and that telcos have a long self-destructive time ahead of them; (b) Australia will promise James Kelly the use of Pine Gap as forward Star Wars surveillance node and primary nuclear target just before he 'consults' us; and (c) a Pentagon leak discloses that Rumsfeld did write those orders," and am two bottles of LBOphroaig to the good in less than 24 hours. The third speculation might depend on just how angry Powell is with Rusmfeld at the moment ..."

Reckon that's the trifecta, then.

And I suppose what we have here is a contest between those who make frigate guidance systems and F22s for a crust and those who make stuff they'd be allowed to sell Beijing. Either that, or someone's noticed that a global-market-integrated China could play merry hell with already apparent issues in global manufacturing excess capacity.

Cheers, Rob.


>Anybody besides me noticed Rumsfeld's increasing hostility to
>China?



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