Harper's cabinet mulls massive Chinese resource project in Arctic

Dec 27, 2012 | Posted by: roboblogger | Full story: The Winnipeg Free Press

Some time in the new year, four federal ministers are to decide how to conduct an environmental review for the Izok Corridor proposal.

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Becky

China

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#345
Jan 22, 2013
 
Cana wrote:
<quoted text>
That's the problem...I Don't trust anyone with my money.
China want's good wine.
I will have to focus my boy's to make inroad's that mean something.
Be very very careful. Read Mark Kitto's book China Cuckoo- a case study about doing business in China.
Even so, there's foreign wine on some supermarket shelves here: Australian French Californian, even Chilean, selling for 90 to 250 yuan.
Cana

Coquitlam, Canada

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#346
Jan 22, 2013
 
Becky wrote:
<quoted text>
Be very very careful. Read Mark Kitto's book China Cuckoo- a case study about doing business in China.
Even so, there's foreign wine on some supermarket shelves here: Australian French Californian, even Chilean, selling for 90 to 250 yuan.
Becky...I have never been careful, that's why my nose looks the way it does!

My boy's will not follow the same path, and once they reach the age of reason; then I will point them to your literature...thank you!
adanac

Germany

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#347
Jan 23, 2013
 
why are canadians always lurking in the bushes near kindergartens ?
adanac

Germany

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#348
Jan 23, 2013
 
and why do they have no pants on when they are in said bushes ?
RESISTANCE IS FUTILE

Delta, Canada

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#350
Jan 23, 2013
 
1USA1 wrote:
<quoted text>Who cares? <-o
well this is a Canada forum... stupid yank...

the guy is talking about from Vancouver and about Vancouver and Canada...
RESISTANCE IS FUTILE

Delta, Canada

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#351
Jan 23, 2013
 
1USA1 wrote:
<quoted text>Obviously, the graphic detail you go into definitely indicates personal experience. How is your new boss DENG treating you, slave? Has he said when you're being sent off to the gulag yet? <-o
^ raped
RESISTANCE IS FUTILE

Delta, Canada

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#352
Jan 23, 2013
 
Cana wrote:
<quoted text>
Becky...I have never been careful, that's why my nose looks the way it does!
My boy's will not follow the same path, and once they reach the age of reason; then I will point them to your literature...thank you!
if the Chinese able to do it here... then they can do it in any industry...

.
.

The Chinese government is thus doing in investment banking what it is doing in other industries. It is strong-arming foreign investment banks to provide capital and expertise as a bridge to building a bigger market share for domestic players. Presumably, the goal is for these Chinese investment banks to compete throughout Asia and globally represent Chinese companies.

http://dealbook.nytimes.com/2011/09/28/chines...

“For F***'s Sake”

Since: Aug 12

Tanner Flats

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#353
Jan 23, 2013
 
RESISTANCE IS IRRELEVANT wrote:
<quoted text>
well this is a Canada forum... stupid yank...
the guy is talking about from Vancouver and about Vancouver and Canada...
Who cares about anything you post, it's just a bunch of "hey I'm Chinese, so I'm better than everyone else!" Blah Blah Blah, same old crap with you. I used to here the same shit that Japan was going to own America, but that never happend. As the world's economy tanks China's little house of cards will ultimately collapse. <-o

Since: Nov 12

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#354
Jan 23, 2013
 

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1USA1 wrote:
<quoted text>Who cares about anything you post, it's just a bunch of "hey I'm Chinese, so I'm better than everyone else!" Blah Blah Blah, same old crap with you. I used to here the same shit that Japan was going to own America, but that never happend. As the world's economy tanks China's little house of cards will ultimately collapse. <¦-o
It's the same cycle isn't it. Later the southern Asians then probably the Africans will host our manufacturing businesses and they will probably think the same.

What I want to see is if China is stupid enough to go to war over the South China Sea or sengaku island. That will determine whether they become rich and developed or a mighty hole in the ground..

“For F***'s Sake”

Since: Aug 12

Tanner Flats

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#355
Jan 23, 2013
 
Tasmaniac wrote:
<quoted text>
It's the same cycle isn't it. Later the southern Asians then probably the Africans will host our manufacturing businesses and they will probably think the same.
What I want to see is if China is stupid enough to go to war over the South China Sea or sengaku island. That will determine whether they become rich and developed or a mighty hole in the ground..
I've often wondered how it would play out if China decided to invade Taiwan? I guess the States could cancel out the debt owed to China, in the event of war. LOL
Jay

Sherwood Park, Canada

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#356
Jan 23, 2013
 
1USA1 wrote:
<quoted text>I've often wondered how it would play out if China decided to invade Taiwan? I guess the States could cancel out the debt owed to China, in the event of war. LOL
This is a think tank that is probably bang on your thought.
Check it out warfare has changed.

Taiwan defended by the US vs China
http://www.popularmechanics.com/technology/mi...

Since: Nov 12

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#357
Jan 24, 2013
 
Jay wrote:
<quoted text>This is a think tank that is probably bang on your thought.
Check it out warfare has changed.

Taiwan defended by the US vs China
http://www.popularmechanics.com/technology/mi...
Interesting. Thanks for the link
Telecommunicatio ns

Brisbane, Australia

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#358
Jan 24, 2013
 

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Paid for a mobile service but don't have the guaranteed service?
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Paid for a service you didnot/are not getting?
Litigation by the people for the people against the bullies who think they have the right to pilfer your time and money 'on a promise' not delived.
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“Seriously guys...”

Since: May 12

The 'Shwa

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#360
Jan 24, 2013
 
Telecommunications wrote:
Paid for a mobile service but don't have the guaranteed service?
Interested in taking class action?
Yes!
Your money, your security, your life.
Paid for a service you didnot/are not getting?
Litigation by the people for the people against the bullies who think they have the right to pilfer your time and money 'on a promise' not delived.
Yes for litigation!(Australia Only)
So naturally you post this in a Canadian forum. Jackass spamtard.
RESISTANCE IS FUTILE

Delta, Canada

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#362
Jan 24, 2013
 
1USA1 wrote:
<quoted text>Who cares about anything you post, it's just a bunch of "hey I'm Chinese, so I'm better than everyone else!" Blah Blah Blah, same old crap with you. I used to here the same shit that Japan was going to own America, but that never happend. As the world's economy tanks China's little house of cards will ultimately collapse. <-o
^ then stop replying to my post stupid white trash american....

TOOOOOOO stupid to know

EVERY 1 SECOND that ticks by, your country has to BORROW $42,000 dollars

while

EVERY 1 SECOND second that ticks by, China ADDS $114,155.00 dollars to its wealth

and for your information... I did not post those articles to show that the Chinese were better than you... thats what you gleaned off of them...

I posted them up because white trash posters like you were crying about Asian immigrants

I just showed you why they were better immigration option, than your lazier, lower IQ white immigrants, who have bankrupted their own countries already....

I dont believe im better than other people...

just better than a LOW IQ white trash poster like you...

ahahahahaha
RESISTANCE IS FUTILE

Delta, Canada

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#363
Jan 24, 2013
 
1USA1 wrote:
<quoted text>I've often wondered how it would play out if China decided to invade Taiwan? I guess the States could cancel out the debt owed to China, in the event of war. LOL


you are very fcuken stupid...

that debt you speak of is your sovereign debt...US bonds that are freely tradable on your secondary markets

sure China may hold a trillion of that debt...

but YOU the US PEOPLE are directly/indirectly owed too by your US government 10 trillion dollars...

things like your Social Security whose reserves of 2.3 trillion US dollars... has a big fat IOU in a special form of that Treasury Debt...

plus if the USA were to default on your debt... China whose Reserves are around 4 trillion 1.8 trillion of that in Bonds and US dollars

can just dump its US dollars and Debt.... causing a rise in its other currencies like its own,...

the Chinese people whose wealth is now at 20 trillion USD equivalent... whose money is in Renminbi

will see its currency rise 30% to 50% giving its people more buying power to buy up the USA for cheap...

plus if the USA were dumb enough to default... since the late 80s and the involvement of Vulture funds...

countries who default on their debt can be tied up in court for years...

just look at Argentina who defaulted on 100 billion, was unable to issued new debt... because holders of just 30 billion of that debt, unhappy with the debt-restructuring held it up for 8 years in court...

you do not want to give China the ability to tie you up in court for years

but then we all know class action happy americans... are not going to allow their government to screw them over for 10 trillion dollars.... so they would be the first to sue...
RESISTANCE IS FUTILE

Delta, Canada

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#365
Jan 24, 2013
 
Argentina is cautionary tale as U.S. debates debt limit
Creditors are trying to seize the property of Argentina, which defaulted on its bonds in 2001. Could the same thing happen to the U.S.?

You know all those warnings about how America's addiction to deficit spending is going to make us look like Greece?

Stop worrying. The bigger concern should be that America will look like Argentina.

That could happen, theoretically, if the threatened refusal by Republicans in the House to raise the federal debt limit leads to a default on U.S. government bonds. How bad would it be, you ask?

Think about this: Because of lawsuits over Argentina's 2001 default on nearly $100 billion in sovereign debt, President Cristina Fernandez de Kirchner rents a private jet for state visits abroad. That's because she fears that her presidential plane (dubbed "Tango 01") would be seized by creditors the moment it landed at a foreign airport.

In October, the creditors came this close to grabbing an Argentine naval frigate, the Libertad, when it put in at port in Ghana with 220 crew aboard. Ghana detained the training vessel for about two months, until an international court ruled that, as a military asset, it was immune from seizure.

The creditors, which include Elliott Management, a hedge fund that also has been a big investor in Hollywood, have also taken steps to go after personal assets of Fernandez and members of her Cabinet. They've succeeded in freezing Argentine central bank assets in the U.S., and in 2009 even tried to attach a dozen Argentine dinosaur fossils on exhibit in Germany.

In short, it's a mess.

Now think of the United States in a similar situation. President Obama can't fly Air Force One to a summit meeting for fear that a bill collector will take the keys. The carrier Enterprise gets detained at Okinawa. The family car of a low-level consular official gets pulled over and impounded in Beijing. The Obamas' checking account gets attached by a hedge fund.

This may sound far-fetched, and the international debt experts I've consulted say it is far-fetched. But the U.S. government itself has said that some U.S. court rulings against Argentina such as those allowing creditors to seize Argentine property here could backfire against the U.S. The State Department and Treasury said in a brief last April that they're concerned that the rulings could encourage foreign courts to "issue like orders against the United States and its property abroad." That would undermine the principle of sovereign immunity that protects U.S. diplomatic personnel, embassies and military assets overseas.

Experts in international finance say a U.S. bond default, even if "technical" and even if it lasts a day, puts us in uncharted territory. After all, Argentina also thought all the existing consequences of its post-default settlement were far-fetched. Its settlement, which involved trading its defaulted bonds for new ones on which it has kept up payments, was drawn from the standard textbooks on Third World default settlements.

Owners of 93% of the defaulted bonds traded them in for the new issues at about 30 cents on the dollar, so the Argentines thought they were free and clear. They didn't reckon with the tenacity of the holdout "vulture funds" that now own the other 7% and have created the subsequent dolores de cabeza.

http://articles.latimes.com/2013/jan/15/busin...

^ LOL too funny
RESISTANCE IS FUTILE

Delta, Canada

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#366
Jan 24, 2013
 

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The Most Dangerous Myths About the Global Economy

The other myth relies on the power of a historical analogy. The basic line of logic is: Remember when Japan supposedly was taking over the U.S. back in the late 1980s and early 1990s? Well that didn't pan out, and China is just another overhyped threat from the East.

This myth is so pervasive that a reviewer for the New York Times actually led her review of The Shadow Market with it this past Sunday.(I've received better reviews in my time, but if you're curious you can find it here.)

The problem is the two situations couldn't be more different.

First, even at the height of its influence Japan never was considered a threat to become a bigger economy than the U.S and its gross domestic product remained a fraction of ours. This gave the U.S. enormous advantages. The dollar faced no pressure as the world's currency. Companies and countries still HAD to have access to the U.S. market since it was by far the largest in the world.

Today, however, we know that China eventually will pass us and become the largest economy on earth. It's only a matter of time. And to presume that we know what this will mean is ludicrous considering America's never faced this challenge since it became the world's dominant economic power.

Second, and more importantly, China is playing by a completely different set of rules than Japan or anyone else ever has.

This is crucial to understand because it seems so few people do. You see, Japan didn't buy Rockefeller Center. Mitsubishi Real Estate did. And Japan didn't buy Columbia Pictures. Sony did. These were publicly traded conglomerates buying assets they considered to be undervalued. Were the companies close to the Japanese government? Sure, about as close as major U.S. companies are to the U.S. government. But were they PART of the Japanese government? Absolutely not.

This is not the case with China, which practices a form of state capitalism, where most of the country's businesses are somehow tied to the government. So when the Chinese oil company Sinopec invested $7 billion in Brazilian oil last week it WAS the Chinese government doing the buying because Sinopec is state-owned. Or when the Chinese mineral company Sinochem enters into a bidding war for a Canadian potash producer it IS the Chinese government doing the bidding.

This is a fundamental change in the way the global economy has traditionally operated. All of a sudden geopolitics and finance are intersecting in ways that we never considered possible. And to not understand this will lead to some wildly ill-informed conclusions. The fact is China's government IS trying to buy up the world, or at least the parts it deems necessary to fuel the country's growth. That makes this a whole new ballgame.

http://www.huffingtonpost.com/eric-j-weiner/t...

“For F***'s Sake”

Since: Aug 12

Tanner Flats

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#367
Jan 24, 2013
 
RESISTANCE IS FUTILE wrote:
<quoted text>
you are very fcuken stupid...
that debt you speak of is your sovereign debt...US bonds that are freely tradable on your secondary markets
sure China may hold a trillion of that debt...
but YOU the US PEOPLE are directly/indirectly owed too by your US government 10 trillion dollars...
things like your Social Security whose reserves of 2.3 trillion US dollars... has a big fat IOU in a special form of that Treasury Debt...
plus if the USA were to default on your debt... China whose Reserves are around 4 trillion 1.8 trillion of that in Bonds and US dollars
can just dump its US dollars and Debt.... causing a rise in its other currencies like its own,...
the Chinese people whose wealth is now at 20 trillion USD equivalent... whose money is in Renminbi
will see its currency rise 30% to 50% giving its people more buying power to buy up the USA for cheap...
plus if the USA were dumb enough to default... since the late 80s and the involvement of Vulture funds...
countries who default on their debt can be tied up in court for years...
just look at Argentina who defaulted on 100 billion, was unable to issued new debt... because holders of just 30 billion of that debt, unhappy with the debt-restructuring held it up for 8 years in court...
you do not want to give China the ability to tie you up in court for years
but then we all know class action happy americans... are not going to allow their government to screw them over for 10 trillion dollars.... so they would be the first to sue...
It wouldn't matter after China was turned into a crater, little slave. <-o
RESISTANCE IS FUTILE

Delta, Canada

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#369
Jan 24, 2013
 

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1USA1 wrote:
<quoted text>It wouldn't matter after China was turned into a crater, little slave. <-o
^ example of a stupid white trash who just lost a debate....

yes lets go to war because we owe China money... fcuken retard.... who the hell would be dumb enough to lend you money after that....

btw RETARD.... these days China has nukes too... enough to destroy the world 1 time over...

even though they kicked your a$$$ in Korea....

such stupid white trash aMERICAN

btw if your going to use a "how many people killed metric" when you had land, air and sea superiority in Korea

Vietnam war

Casualties....

United States
58,220 dead;[A 2] 303,644 wounded[A 2]

China
1,446 dead; 4,200 wounded

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