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Will China end up owning the World?


Sometime looking at the down side is not putting life, or country, or people, down... just so it can be improved?

Yea, no need to sugar coat people. People can be quite creatively nasty. But then when it's a difference between your family getting fed or not... Just don't eat anything from Asia. That's why they have a tradition of wanting to see the head of animal whose meat they're eating. Proof of actual meat.
 
This is a really smart move.
The cleverest thing they could have done -

 
Global Socialism ?

It only works if the salaries and conditions in the 3rd world countries come up to those in the developed countries, and for the most part that hasn't happened.
Things usually go to the lowest common denominator.

That is what trump is fighting.
 

Debt would be a serious problem if it's personal debt, maybe corporate debt. But seeing how most Chinese corporate debt are state owned enterprises... ie, gov't will just bail them out.

Gov't debt can be repaid by just printing money. Sure that'll cause inflation etc., but when you're big enough, people won't mind that much, apparently.

The thing about measure economic instability, financial weakness through debt level, as the eggheads in the paper look to all be doing.. is that they ignore what those debt are spent on, ignore that "grand strategy".

Building empty cities or empty roads and rail barely being filled. Sure, for now. Once the gov't curb rich investor's appetite for empty apartments while most average Chinese couldn't start a family 'cause they can't afford housing... those flats will go for cheap.

To say that China's roads are mostly empty, no cash flows. Well... that's better than our congested roads where people stay for hours on them, and paying through the nose through tolls and wasted fuel idling.

On a national, gov'tal level, I don't think you can measure financial, economic well being the way you measure a family or an individual's balance sheet.

Our politicians and economist in the West seem to have drunk that cool-aid and hence, austerity during economic recession to be "fiscally responsible". Cutting public services, putting more expense on the working poor who's already doing it tough... all to "balance" the budget.

China is playing the long game. They're going to be owning the entire Euro-Asian landmass next couple decades.
 
But how hard it will hurt us in Australia..30pc of our export the rest towan japan/s korea...who build for China
Today in a resort in southern china.walk on the beach this morning, the next door mega development is stopped and rust is starting.along the way still so many high rises and cranes but empty, the older ones with selling signs still and a few of them only with sign of life
I have the feeling the downhill has started..a year ago i was scared, now, more empty building and cranes , but work seems stopped and not as frantic..just anecdotal evidence, but the fall has started in my opinion.be careful with your bhp and rio portfolio my 2c advice
Rolls-Royce and porche/mercs around but not sure how new these are
Less westerners in the bay area as well.all anecdotal obviously.but....
 

Nothing like a good man on the site .
 
Nothing like a good man on the site .
Not sure but my eyes do not lie nor want to rely on an economic report cooked by someone in an office..will see how it will end up.a bit scary to be honest.i would not like living in taipei this year or be assigned on a us ship around here
 

Huawei's Chairman [?] recently said that he believe the US/West is banning Huawei's hardware because it won't allow US/Western security/intelligence agencies to collect data and spy on its users.

Implied in that, of course, is that only Beijing and its allies could collect the data and spy on the users.. leaving the West out in the cold.

Hence, security issue.

That and Western IT giants gotta make their money overcharging us plebs right.
 
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