China's submarine fleet to exceed U.S. PDF Print E-mail
Written by Stumo   
Monday, 25 February 2008

Do you wonder why we have limits on sensitive technology transfer to geopolitical rivals?  This is why.

American and other Western military analysts estimate that China has more than 30 advanced and increasingly stealthy submarines, and dozens of older, obsolete types. By the end of the decade, they say, China will have more submarines than the United States, although it will still lag behind in overall ability.

“I would say that the U.S. feels a strong threat from Chinese submarines,” said Andrei Chang, an expert on Chinese and Taiwan military forces and editor of Kanwa Defense Review. “China now has more submarines than Russia, and the speed they are building them is amazing.” ...

In late 2006, one of China’s new Song-class conventional submarines remained undetected as it shadowed the American aircraft carrier Kitty Hawk off the coast of Okinawa, Japan... .  “The U.S. had no idea it was there,” said Allan Behm, a security analyst in Canberra, Australia, and a former senior Australian Defense Department official. “This is the great capability of very quiet, conventional submarines.”

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Colorado CPA member Milt Heft has these thoughts on money, wealth and the economy.  Heft is the owner of Petrogen, Inc in Colorado Springs.

A few thoughts about manufacturing:

There is a great misunderstanding of the relationship- between money and wealth.  The beginning principles with which we can all agree are a few and simple noble truths:
 
1. Money is meaningless without wealth.
2. Wealth is difficult to distribute without money.
3. Wealth is the reality of the physical things we need to survive and thrive:  food, clothing, shelter, ice cream & computers.  It is the product of mining, industrial production, and agriculture.
4. Money is anything that make the wheels of production and distribution go ‘round.
5. Money is easy to manufacture and control.
6. Wealth takes a lot of blood, sweat, toil and tears.

 


 

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