Is there any?
I don’t know. Some people are comparing them to pre-49 PLA. What do you think?
Is there any?
He had to make that statement regarding Taiwan to ease off the political bleeding that's being done to his name and his party's standing since the midterm election is fast approaching. Not to mention that covid-19 is ravaging his country with more and more Americans being divided with respect to mask wearing and all that jazz. Biden is a political animal first and foremost, and if China reacts negatively which inevitably they will and must from Biden's latest false bravado so be it. But China's reaction is what exactly what the Biden's political advisors are banking on to steer the weakening resolve of the milk tea alliance in Asia and the increasingly nervous pansy Europeans back into the America is back fold, It's all politics. But if I was China, I will call his latest provocative pronouncements bluff and go all in because the longer it waits the more the QUAD and all of America's allies strengthens their planning and military capabilities against China's aims and objectives for Taiwan. Not to mention that Japan has pretty much all but declared in formality that it will fight China and is already itching for a fight and readying itself for the eventuality, so why wait for your enemies to gather their strengths and plans against your core national interests?
"We made a sacred commitment to Article Five that if in fact, anyone were to invade or take action against our NATO allies, we would respond. Same with Japan, same with South Korea, same with-- Taiwan."
Huge and extremely destabilizing news if the US administration doesn't make further statements. Taiwan is not a UN recognized country, Taiwan is not recognized by even the US itself, Taiwan has no deals with the USA. This is extremely destabilizing. I can see the Chinese military spending ramping up massively in the 2020s if this is true.
He had to make that statement regarding Taiwan to ease off the political bleeding that's being done to his name and his party's standing since the midterm election is fast approaching. Not to mention that covid-19 is ravaging his country with more and more Americans being divided with respect to mask wearing and all that jazz. Biden is a political animal first and foremost, and if China reacts negatively which inevitably they will and must from Biden's latest false bravado so be it but China's reaction is what exactly what the Biden's political advisors are banking on to steer the weakening resolve of the milk tea alliance in Asia and the increasingly nervous pansy Europeans. It's all politics. And if I was China, I will call his pronouncements bluff and go all in because the longer it waits the more the QUAD and all of America's allies strengthens their planning and military capabilities against China's aims and objectives for Taiwan. And since Japan is already itching for a fight and readying itself for the eventuality why wait for your enemies to gather their strengths and plans against your core national interests?
They want to destabilize the country because it hopes that the country's instability would spill over to countries that are America's and her vassals enemies like Russia, Pakistan, and China. The U.S. will never ever want to have an Afghanistan that's markedly stable and relatively peaceful especially not at the hands of it's major strategic enemies of Russia and China. The U.S. is going for another Soviet-Afghan strategy 2.0 and this time against it's previous allies (Pakistan and China) which is where India would or could play a very important role both in Central Asia and along the borders of India-China. In my opinion the U.S. strategic approach is going scorched earth or going for broke approach against China. It has to because of the ginormous size and challenge that China is posing against U.S. and it's western allies interest and control of the Westphalia built World Order a.k.a. International led order.EMPIRE SANCTIONS & RESERVES FREEZING & MINING RESOURCES
The new ruler will be facing lots of problem with its Central Bank is broke. As usual the USA has its financial clout freezing Afghanistan reserves abroad. There is no doubt that the new govt in Kabul will need assistance from its neighbor to survive the hard time ahead. But it's said that Afghanistan has lots of precious mining to fund that nation: REE; Titanium; etc. So hopefully they are able to form a sound new govt, and got a deal for emergency support from countries like China while under Empire's sanctions. I have no doubt among other that Washington will try to sabotage the new govt by financial means to create chaos! Standing on its own feet that nation may not have chance, but with the assistance from the SCO the nation may have chance to survive its toughest time. And 40 million people to feed.
And we have no idea what's the strategic plans of the major powers like China and/or Russia in dealing with difficult time of that land. But of course they know that the new govt in Kabul will have difficult time, moreover under the DC squeeze! But those are not something for the press or public consumption. So let's see how things develop there.
Afghanistan has vast reserves of gold, platinum, silver, copper, iron, chromite, lithium, uranium, and aluminium. The country’s high-quality emeralds, rubies, sapphires, turquoise, and lapis lazuli have long charmed the gemstone market. The United States Geological Survey (USGS), through its extensive scientific research of minerals, concluded that Afghanistan may hold 60 million metric tons of copper, 2.2 billion tons of iron ore, 1.4 million tons of rare earth elements (REEs) such as lanthanum, cerium, neodymium, and veins of aluminium, gold, silver, zinc, mercury, and lithium. According to Pentagon officials, their initial analysis at one location in Ghazni province showed the potential for lithium deposits as large as those of Bolivia, which has the world’s largest known lithium reserves. The USGS estimates the Khanneshin deposits in Helmand province will yield 1.1.-1.4 million metric tons of REEs. Some reports estimate Afghanistan REE resources are among the largest on earth.
So it seems Afghanistan is rich with resources, just awaiting the right partners to explore the buried rich to finance the development of Afghanistan! Indeed that nation's future is not such pessimistic if they can explore their wealth beneath the earth.
WASHINGTON, Aug 18 (Reuters) - The International Monetary Fund said on Wednesday it suspended Afghanistan's access to IMF resources, including around $440 million in new monetary reserves, due to a lack of clarity over the country's government after the Taliban seized control of Kabul.
Yesterday morning, shortly after the acting Afghan central banker chief, Ajmal Ahmady, fled the country (after he was “somehow pushed on board” of a military plane by his colleagues), and warning on twitter that the country has no dollars left domestically, sparking domestic bank runs and a record rout in the local currency, the Afghani, some asked what that means for Afghan reserves stored offshore.
While we republish Ahmady’s entire thread – which largely confirms what Reuters reported overnight – below, we wish to point out some of his notable disclosures, starting with his breakdown of major investment categories which include the following assets (all figures in billions)
Federal Reserve = $7.0
U.S. bills/bonds: $3.1
WB RAMP assets: $2.4
Gold: $1.2
Cash accounts: $0.3
International accounts = 1.3
BIS = $0.7
Ahmady also revealed that “given Afghanistan’s large current account deficit, DAB (Afghanistan Central Bank) was reliant on obtaining physical shipments of cash every few weeks.” Since it was the US that was providing said shipments of cash, we look forward to the Congressional hearings that will figure out just how much such cash was deployed to Afghanistan, and how much has now been lost.
Conveniently, overnight Reuters provided a handy breakdown of the international reserves owned by the DAB (as the Afghani central bank is called). The most recent financial statement posted online shows DAB holds total assets of about $10 billion, including $1.3 billion-worth of gold reserves and $362 million in foreign currency cash reserves, according to currency conversion rates on June 21, the date of the report. Notably, a big chunk of the reserves aren’t held in the country as we observed yesterday.
Analysis: Afghan central bank's $10 billion stash mostly out of Taliban's reach 18 AUG
U.S. official: assets in U.S. not available to Taliban
Central bank assets include $1.3 bln gold reserves in New York
Foreign currency cash kept in branches, presidential palace
UNESCO: Vaults also home to 2,000-year-old Bactrian Treasure
U.S. lawmakers urge block on Afghanistan's new IMF reserves
I think it is wrong for China to attempt to take Taiwan before growing capable enough to escort its trade vessels in the Indian ocean against the UK, India and the US. China must also have enough nukes for destroying the Anglosphere, India and Japan. Nuclear capability is even more important as that is what will prevent the US intervention.They want to destabilize the country because it hopes that the country's instability would spill over to countries that are America's and her vassals enemies like Russia, Pakistan, and China. The U.S. will never ever want to have an Afghanistan that's markedly stable and relatively peaceful especially not at the hands of it's major strategic enemies of Russia and China. The U.S. is going for another Soviet-Afghan strategy 2.0 and this time against it's previous allies (Pakistan and China) which is where India would or could play a very important role both in Central Asia and along the borders of India-China. In my opinion the U.S. strategic approach is going scorched earth or going for broke approach against China. It has to because of the ginormous size and challenge that China is posing against U.S. and it's western allies interest and control of the Westphalia built World Order a.k.a. International led order.
As I have argued on my other post that China ought to take advantage of this momentary strategic paralysis in the U.S. by retaking back the island of Taiwan. There will never be an optimal time or force projection for China to make or wait because her enemies are not exactly sitting around and doing next to nothing. They are all trying to exact maximum measures in preparing their countries for the Taiwan scenario. Is China really going to wait for countries like India to equip it's navy with more A.C. or await for the optimization of it's 2nd A.C. INS Vikrant? How about Australia, Japan, and the U.K. planned upgrading of their navies? Not to mention those countries insidious intentions and plans to keep pushing the envelope of war with their constant FNO in and around Taiwan straits along with their constant surveillance being done by U.S. EW around China's coastal lines.
I don’t know. Some people are comparing them to pre-49 PLA. What do you think?