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I'd say an economic invasion is still an actual invasion.
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In that case, global trade should all cease to exist then.
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China offering to buy oil assets from Canada should also elicit a response that considers factors beyond economics. It should factor in strategic considerations. It's that simple.
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Because China is going to strangulate Canada with a couple sub-par oil fields right?
What major are you in again? You realize if war really starts, Canada can send up the monties (or whatever you pass for police) and re-nationalize the oil fields right?
I would be more concerned if BP brought the oil than COCC....after all, China don't have a track record of regime change if the local government impose labor laws.
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In your crazy example: If the U.S. ever sent us a threatening letter saying they want our oilsands for nominal consideration, we'd have to figure out a response - petition NATO, find allies, determine cost of conflict, apply political pressure, negotiate in the best interests of the nation, etc etc. Strategic considerations.
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And at the end of the day, hand off the place without serious consideration. BTW, the Pentagon has a war plan to crush Canada, the PLA don't.
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Side Bar -- Your thinking still seems to be of an Imperialistic standpoint. Point is, the U.S. would actually never do it. In a modern world, conquering a place to secure assets isn't economically feasible -- what do you think happened to Spain's economy with the influx of South American gold?
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I thought we couldn't bring up pre-late 20th century examples? Plus, Spain couldn't figure out what to do with a massive gold wealth, that is their own problem...
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Second Side Bar -- I don't want to get in to this on a thread like this, but what do you think Economics and Capitalism even is? They are respectively: 1) A study and discipline on the allocation of scarce resources and 2) It's fundamentally just a crowdsourcing mechanism to allocate the productive capacity of a society. It's efficient and inefficient in different ways and has certain flaws and weaknesses. Why do states tax companies in the first place? Heck, why do corporations have a mandate to earn profits? Think on this, do the research, we can continue these conversations in private if necessary.
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In the end, you believe China's willingness to purchase an Canadian oil firm with subpar oil source to be a sinister security threat, but see nothing wrong with American invasion of Iraq. Case closed.