This was posted number one on reddit.com come last night. I do not know what it is, or where it comes from, or if this was even a real conversation. But it made me laugh. And you know what's funny? I've had this conversation before, minus the Titanic part. (Thanks, Paul.)
By the way, anytime you correct someone regarding ethnicity (i.e. Japanese, not Chinese) and that person responds with something to the effect of "Whatever, same thing," that person is automatically an idiot.