16 Responses to U.S.-China tensions spill over into Asian summit

  1. gen2revztruth says:

    “Claim Sovereignty”, Silly little humans!
    The only Sovereign one is God!!
    He owns the Ocean, as well as everything else in existence!

    Like

  2. Amy P. says:

    Second test at CERN affirms faster than light particles.
    http://www.cbsnews.com/8301-502223_162-57327392/2nd-test-affirms-faster-than-light-particles/
    Sorry off topic.
    Also of note about CERN is their Shiva statue. “Nataraja or Nataraj: … The Lord (or King) of Dance is a depiction of the Hindu god Shiva as the cosmic dancer who performs his divine dance to destroy a weary universe and make preparations for god Brahma to start the process of creation.” Interesting and odd choice of art work at CERN:
    http://www.thepeoplesvoice.org/TPV3/Voices.php/2010/11/14/the-large-hadron-collider-and-the-statue-5

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  3. Irene C says:

    My short-termed prayer is – I would love for us to make it through the holidays without another war breaking out. 2012 is right around the corner. I pray we can have a short time of peace to spend with our families and tell/show them how much we love them.

    Maranatha

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    • elijahsmom3 says:

      You know, I keep finding myself thinking that I want to make these holidays extra special (And I don’t mean gifts. Which we can’t afford anyway) because I fear this may be the last year that will be happy. I want to bring my family together and tell them how much I love them and spend every possible sweet moment with them and be joyful while we still can. I want to do all the Christmas cliche`s like drinking hot chocolate, and singing Christmas carols, playing board games and eating way too many cookies. I want to decorate and celebrate, and just for a little while pretend that none of this is happening.
      Much peace,
      Ronni

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      • pagan66 says:

        You are a beautiful soul Ronni – I will think of you & what you have said as I put my tree up this year. I wish you much Love, Peace & Happiness

        Blessings

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      • elijahsmom3 says:

        Pagan, as are you! Thank you for your kindness.
        Much love,
        Ronni

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      • Dennis E. says:

        Ronni: Dennis E. Here: Have had the same feeling. Where I am employed, our two units in our District usually has a in house lunch prior to Thanksgiving. This we are going to do the same, but at a buffet place, but the point is I feel this could be the last and just having that meal fellowship is worth it all because we live in a world of change.

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      • elijahsmom3 says:

        Dennis, I guess at least that is one positive aspect of all this. At first, my pessimistic-self couldn’t get past the “what’s the point?” attitude about many things. But now I am appreciating and seeing everything differently. As Alvin said, we are all waking up. Every single thing we do and say matters in a way I never realized before. Although I am still terrified of what’s to come and having to live through it, I am strangely finding myself at peace at the same time.

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  4. RainMan says:

    Winston Churchill’s quote still comes to mind……”Jaw Jaw, not War War”

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  5. Lucy says:

    That is a weird handshake if ever I saw one!

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  6. pagan66 says:

    Seriously – What else did they expect? I am just surprised things were as cordial as they were. After Obama’s speech to the Australian Parliament a day before this Summit, where he sublimely critized China from everything to Human Rights violations to announcing a US military build up in Northern Australia – saying they were “in” & “here to stay” in the Asia Pacific region. It is also worriesome that the US’ obedient little sister Australia is about to do a backflip on trading uranium to India. With India neighbouring Pakistan & now Pakistan doing military exercises with China – things are could get very ugly down here in the Pacific.

    Blessings

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  7. RainMan says:

    While not condoning this latest political posturing in the Asia Pacific region, it is a move always played by the powers that be to sublimely test the waters, so to speak.
    We have given America alliance and assistance for a very good reason. What would have been the outcome for Australia, the Pacific region, in fact the world, if the American forces not fought at Midway, the Coral Sea etc. I doubt Australia or Britan could have defended our shores against the might of the Japanese invasion.
    Americans need us now, (dare to say in a small way) though be it only a tactical move. I kind of think we owe a nod. Is there a better alternative or deterrent, wish there was.
    We are what we are because of this past, be it good or bad.

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    • pagan66 says:

      RainMan – I agree with much of what you have said, I am Darwin born & raised & my paternal grandmother specifically, lived through the darwin bombings. My grandfather served & spent time in Changi so I guess I was weaned on the stories of that era. Despite Australian fears during WWII, the Japanese never intended to invade the Australian mainland. They did briefly consider it in February of 1942, but they decided it was beyond their military’s capabilities and no planning or other preparations were ever undertaken. Instead of an invasion of the Mainland, in March of 1942 the Japanese isolated Australia from the United States by capturing Port Moresby and the Solomon Islands, Fiji, Samoa and New Caledonia.This plan in turn was frustrated by the Japanese defeat in the Battle of the Coral Sea and was put on ice indefinitely after the Battle of Midway.

      Shared military history does forge deep & powerful bonds as it should & yes – we do owe the US a huge debt of gratitude for how they assisted us during WWII, which we have repaid over every single war the US has fought since WWII by joining them in battle or supplying intelligence. But instinct & the stories my Grandad told me before he passed tells me that Australia needs to stand neutral in this.

      Peace

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      • RainMan says:

        Pagan66,
        Thanks for sharing that info, your Grandfather was a very wise man.
        My parents endured the German/Nazi invasion of Holland, their stories are horrific as people can only imagine. Australia so far is a lucky country.
        Yes, Peace.

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  8. luisport says:

    Yesterday we mentioned the big spasm of “end of the world” analyst notes, as suddenly more and more people on Wall Street conclude that Europe is really going to blow it and collapse.

    So, how to know if this is really going to come to pass?

    In his note cheerily titled US and Europe: At the Point of No Return?, Nomura’s George Goncalves offers some clues.

    Pessimistic Path: There are plenty of doomsday scenarios thus we won‟t list them all. However if the worst case scenario were to unfold we believe that there would be some early warning signals from the money markets because the Fed liquidity from old QEs would dry up quickly for EU banks. If we were to see 10s break 1.90 in a meaningful way, we would go neutral as the next stop would be 1.40%. Such a move could happen quickly on a panic trade.

    In the pessimistic case, the Fed at a minimum would come in with an intra-meeting ease via QE3 and cutting FX line charges in half, especially if ECB started easing too, in our view. Given the nonlinearity of market risks, we understand why investors are on the sidelines, but we also believe that rates won‟t stay at a new low if the worst case pans out because authorities will respond in force. In fact we now
    believe the Fed will be proactive and do QE3 next year. Good Luck.

    The other thing is to just keep an eye on various measures of banks’ willingness to lend to each other. We went over several of them (like the TED Spread, LIBOR/OIS), the other day.

    Read more: http://www.businessinsider.com/heres-how-youll-know-if-the-economy-is-experiencing-a-doomsday-scenario-2011-11#ixzz1eAGOrFHc

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