The Invasion of The Chinese Cyberspies

HorsesAss writes "Time Magazine has an article up entitled 'The Invasion Of The Chinese Cyberspies and the Man Who Tried to Stop Them', which outlines how Chinese PRC is cracking DOD networks and downloading massive sets of files detailing every aspect of military planning and practice." From the article: "The hackers he was stalking, part of a cyberespionage ring that federal investigators code-named Titan Rain, first caught Carpenter's eye a year earlier when he helped investigate a network break-in at Lockheed Martin in September 2003. A strikingly similar attack hit Sandia several months later, but it wasn't until Carpenter compared notes with a counterpart in Army cyberintelligence that he suspected the scope of the threat. Methodical and voracious, these hackers wanted all the files they could find, and they were getting them by penetrating secure computer networks at the country's most sensitive military bases, defense contractors and aerospace companies."

Comments

Re:Geopolitics of the next 30 years

[antifoidulus]

It's not just a bubble, China has copied EVERYTHING Japan has done right down to the bad loans.
The dollar bought 360 yen from after the war into the 70s, just like a dollar right now buys an inordinate of RMB
China's industry started off by manufacturing cheap labor intensive goods at western company owned factories, as did Japan.
China eventually started moving up the food chain, and even making things for their own companies, as did Japan
Everyone thinks that China's record growth will continue unabated, so banks loan money to businesses that have no realistic hope of ever making a profit. Same thing happened in Japan.
China's bubble will be bursting, much like Japan's did, but as you pointed out, Japan didn't have nuclear weapons or one of the strongest conventional forces on earth when it's bubble burst.
China is heading towards having too much capacity, they can't even sell all the stuff they are making, but they are making it anyway. The problem with the export economy is that it cannot grow when it doesn't have anyone to export to anymore. The centrally planned(yes, China's economy is still centrally planned, just not as tightly controlled by the government, much like Japan's economy) works well when you are trying to grow, but the distortions introduced eventually warp the economy. For instance, everyone lists Japan's high rate of savings as one of the reasons that Japan grew so quickly, however now the problem is that they cannot get consumers to spend their money. Every economic report coming out of the country states that, and thus Japan seems to only be able to grow by exporting more.
The export economy can also warp the economy on the whole in more subtle ways as well. For instance, in Japan the export industries are among the most efficient in the world, but everything outside of it is a mess. All one has to do is walk into any big store in Japan and you are just hit with how many store clerks there are. Overemployment is phenominal there. There are even people at some of the bigger stores who are solely in charge of managing the umbrella condom dispenser(umbrella condoms=the plastic bag you put over your umbrella when you enter a building in Japan. They really aren't called umbrella condoms, but it's an accurate description) China seems to be suffering from some of the same problems, only it's going to get worse there as they have 10x the population of Japan.
I honestly don't think the world economy can continue on this pace forever. Every poor country wants to get rich the same way Japan did, but for that to happen, the dollar has to remain strong. However, for every dollar they import, the dollar just gets that much weaker. When only 1 country was doing it, but now there are a lot more, and eventually, something will have to break.