Mischaracterization of Tom from Mining Indaba
Saturday, February 6, 2010 at 3:39PM ARTICLE: Mergers to increase in 2010, By Brendan Ryan, miningmx.com, 04 Feb 2010
Here's the part about Tom:
He described a earlier presentation to the conference by Enterra Solutions MD Thomas Barnett on growing Chinese influence in Africa as, "a simplified picture from a United States perspective. I don't agree with Barnett's scenario of China taking over the world."
Tom says:
If that's all he took from my presentation, then "simplified" is a good term for his thinking.
Point to take away: he felt threatened enough by my impact with the audience that needed to cite it as a marker from which to distance himself.
People familiar with my work know I don't say anything close to China "taking over the world." I simply say that Asians are the natural networkers for globalization going forward. You can deal with reality or you can run from it.
But I am thrilled to hear about my MD. Now I can write scripts for myself!
[Sean here: Tom makes a weak joke here, based on his recent medical issues and lifelong jealously over his younger brother's MD-PhD; MD here stands for managing director]
More crudely put (and I've said this in Beijing every chance I've received), all this talk about China taking over anything is complete nonsense. At the end of the day, the guy with the biggest gun wins, and when similar guns are fielded, the guy who's more comfortable taking serious chances wins.
China is nowhere near having a gun similar to our own, and as for willingness to use, we're talking boys-to-men in comparison. China can't take chances in foreign policy, much less national security (i.e., war) because if the Party screws up, it has no capacity to swap out bad leadership for good, something we call "throwing the bums out." The GOP wastes a lot of blood and treasure and we throw them out. If the Dems are perceived as doing the same, we'll throw them out soon enough. Meanwhile, the American system continues.
If the CCP screws up anything, who gets thrown out? Because nobody in Beijing can answer that question, expect the Chinese to remain all talk and no serious action so long as the Party rules.
So no, China won't be taking over anything, despite the current hype. Envelopes stuffed with cash just won't get it done.








