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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Sat May 13, 2017 10:27 pm 
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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Sun May 14, 2017 11:31 am 
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China invests $124bn in Belt and Road global trade project
http://www.bbc.com/news/world-asia-39912671

Reporter mentions that there is already overcapacity. If that's true then what's it all about? (government stimulus perhaps )


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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Sun May 14, 2017 12:02 pm 
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Building a Chinese empire and also providing jobs to their workers

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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Sun May 14, 2017 1:36 pm 
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temene wrote:
Building a Chinese empire and also providing jobs to their workers

It was massive investment in transportation infrastructure that got the British empire to where it was at the start of the 20tn century, so, yes history is rhyming.
China has a very good chance of having a global empire within 50 years as they will have a majority stake in many "third world countries", they already have made major inroads into many African & Latin American countries to this end.

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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Sun May 14, 2017 1:55 pm 
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snaps wrote:
China invests $124bn in Belt and Road global trade project
http://www.bbc.com/news/world-asia-39912671

Reporter mentions that there is already overcapacity. If that's true then what's it all about? (government stimulus perhaps )

I didn't see that in the link but I believe the quickest freight journey took 18 days in January this year and involved a lot of container switching between different gauge rails. I imagine the new project would mean a single gauge, single engined train that would significantly reduce transit time and make passenger transport a real option too.

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Those who don't study history are doomed to repeat it. Those who do study history are doomed to watch everyone else repeating it.


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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Sun May 14, 2017 1:56 pm 
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dolanbaker wrote:
temene wrote:
Building a Chinese empire and also providing jobs to their workers

It was massive investment in transportation infrastructure that got the British empire to where it was at the start of the 20tn century, so, yes history is rhyming.
China has a very good chance of having a global empire within 50 years as they will have a majority stake in many "third world countries", they already have made major inroads into many African & Latin American countries to this end.

But will they have a different outcome to Britain/France?

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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Sun May 14, 2017 2:22 pm 
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yoganmahew wrote:
dolanbaker wrote:
temene wrote:
Building a Chinese empire and also providing jobs to their workers

It was massive investment in transportation infrastructure that got the British empire to where it was at the start of the 20tn century, so, yes history is rhyming.
China has a very good chance of having a global empire within 50 years as they will have a majority stake in many "third world countries", they already have made major inroads into many African & Latin American countries to this end.

But will they have a different outcome to Britain/France?

The Chinese could easily end up having so much influence that they effectively end up running a country (Like Britain did in India).
Depends on what country is going to be next on the empire trail, the US had been clearly the leaders since the middle of the 20th century and China is gradually taking their place.

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"Democracy is like sausage, you want it, but you don't want to know how it is made". [John Godfrey Saxe]
Ronald Coase, Nobel Economic Sciences, said in 1991 “If we torture the data long enough, it will confess.”
"Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild
"To be precise, my mistake. Humans are underrated": Elon Musk


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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Sun May 14, 2017 4:09 pm 
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dolanbaker wrote:
The Chinese could easily end up having so much influence that they effectively end up running a country (Like Britain did in India).
Depends on what country is going to be next on the empire trail, the US had been clearly the leaders since the middle of the 20th century and China is gradually taking their place.

I reckon Australia is a prime candidate for Chinese Dominion status.
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Every single frozen corpse in the Death Zone on Everest was once a highly motivated person.

Those who don't study history are doomed to repeat it. Those who do study history are doomed to watch everyone else repeating it.


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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Thu May 25, 2017 1:12 am 
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Highly recommend this

http://video.aljazeera.com/channels/eng ... F779DA9896

Quote:
Al Jazeera Witness - Chinese Dreamland


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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Fri May 26, 2017 4:56 am 
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http://www.japantimes.co.jp/opinion/201 ... Sel_4eweUk

http://www.tradingeconomics.com/china/external-debt

Quote:
China’s economy is getting ever closer to what had existed in the United States when it was hit by the crisis triggered by the collapse of Lehman Brothers in 2008.


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