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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Tue Mar 06, 2018 9:08 am 
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london_irish wrote:
Am also stunned at this turn of events. History shows this doesn't end well. The Soviet Union didn't lash out in frustration during its Era of Stagnation, so lets hope China doesn't either when we get to it.


The Afghans might beg to differ.


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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Tue Mar 06, 2018 10:29 am 
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Location: Tullamore
mr_anderson wrote:
Although I'm wondering if they expect some major (internal) conflict as the economy cools and the citizens become restive and see a strong hand as the best counter ?

I think it's more as the population ages and there's a surplus of men. You might see some ludicrous manpower projects as they try and keep the spare men out of trouble.

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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Tue Mar 06, 2018 10:00 pm 
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Fooled by randomness wrote:
london_irish wrote:
Am also stunned at this turn of events. History shows this doesn't end well. The Soviet Union didn't lash out in frustration during its Era of Stagnation, so lets hope China doesn't either when we get to it.


The Afghans might beg to differ.

that was dead cat bounce :x

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http://www.independent.ie/business/iris ... 96858.html
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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Wed Mar 07, 2018 5:36 pm 
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I don't know much about the Maoist branch of Marxist-Leninism. Do they Prozletise for International Socialism abroad? Did they ever? How is Communism expressed within China? How far are they from the Communist Utopia of no longer needing a Government?

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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Tue Apr 10, 2018 11:34 am 
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What's it all about then?

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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Mon Jun 04, 2018 2:32 am 
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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Wed Jun 27, 2018 8:10 am 
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Location: Australia
Quote:
The benchmark Shanghai stock index has tumbled 20 per cent in just five months to enter a bear market. The yuan is heading for its longest losing streak in four years in Hong Kong. Corporate defaults are mounting


https://www.smh.com.au/business/the-eco ... 4znxb.html


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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Thu Jun 28, 2018 5:23 pm 
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Joined: Oct 22, 2007
Posts: 1806
The New York Times wrote:
How China Got Sri Lanka to Cough Up a Port
22-28 minutes

HAMBANTOTA, Sri Lanka — Every time Sri Lanka’s president, Mahinda Rajapaksa, turned to his Chinese allies for loans and assistance with an ambitious port project, the answer was yes.

Yes, though feasibility studies said the port wouldn’t work. Yes, though other frequent lenders like India had refused. Yes, though Sri Lanka’s debt was ballooning rapidly under Mr. Rajapaksa.

Over years of construction and renegotiation with China Harbor Engineering Company, one of Beijing’s largest state-owned enterprises, the Hambantota Port Development Project distinguished itself mostly by failing, as predicted. With tens of thousands of ships passing by along one of the world’s busiest shipping lanes, the port drew only 34 ships in 2012.

And then the port became China’s.........

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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Thu Jun 28, 2018 6:50 pm 
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Too Big to Fail

Joined: Aug 23, 2008
Posts: 3540
Location: Bogtrotterland!
tulip wrote:
The New York Times wrote:
How China Got Sri Lanka to Cough Up a Port
22-28 minutes

HAMBANTOTA, Sri Lanka — Every time Sri Lanka’s president, Mahinda Rajapaksa, turned to his Chinese allies for loans and assistance with an ambitious port project, the answer was yes.

Yes, though feasibility studies said the port wouldn’t work. Yes, though other frequent lenders like India had refused. Yes, though Sri Lanka’s debt was ballooning rapidly under Mr. Rajapaksa.

Over years of construction and renegotiation with China Harbor Engineering Company, one of Beijing’s largest state-owned enterprises, the Hambantota Port Development Project distinguished itself mostly by failing, as predicted. With tens of thousands of ships passing by along one of the world’s busiest shipping lanes, the port drew only 34 ships in 2012.

And then the port became China’s.........

Building empires, one port at a time, own the port own the import/export trade route, you don't need to rule the country to control it.
A repeat of how the British empire gained control the area 200 years ago.

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 Post subject: Made in China 2025: How China aims to be known for quality
PostPosted: Sun Jul 01, 2018 1:12 pm 
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Location: Bogtrotterland!
https://www.bbc.com/news/av/44652064/ma ... or-quality

Chinese government plans to ensure that Chinese products are the best in the world and are prepared to invest big so that they are.

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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: Fri Jul 06, 2018 11:42 pm 
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Joined: May 30, 2008
Posts: 498
Shocking stuff-these are 3 year old million dollar gaffs that appear to be made of fibreglass and particle board tied together with wire.

https://youtu.be/XopSDJq6w8E


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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Sat Jul 07, 2018 7:37 am 
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Posts: 1916
No sureif this has been picked up elsewhere, but the Chinese property pumpers might be coming to ireland.
Probably deserves a thread of its own given the property implications seen in Vancouver OZ etc
Quote:
More than a third of Chinese millionaires want to leave China, here's where they want to go
More than a third of rich Chinese surveyed “are currently considering” emigrating to another country, according a new report.
The U.S. topped the list as the most popular destination for the fourth year in a row while the U.K. ranked second, followed by Ireland and then Canada.


https://www.cnbc.com/2018/07/05/more-th ... lainternal

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 Post subject: Re: China on ‘Treadmill to Hell’ Amid Bubble.
PostPosted: Mon Jul 09, 2018 10:08 pm 
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Joined: Oct 29, 2007
Posts: 11712
Location: Multiverse
tulip wrote:
The New York Times wrote:
How China Got Sri Lanka to Cough Up a Port
22-28 minutes

HAMBANTOTA, Sri Lanka — Every time Sri Lanka’s president, Mahinda Rajapaksa, turned to his Chinese allies for loans and assistance with an ambitious port project, the answer was yes.

Yes, though feasibility studies said the port wouldn’t work. Yes, though other frequent lenders like India had refused. Yes, though Sri Lanka’s debt was ballooning rapidly under Mr. Rajapaksa.

Over years of construction and renegotiation with China Harbor Engineering Company, one of Beijing’s largest state-owned enterprises, the Hambantota Port Development Project distinguished itself mostly by failing, as predicted. With tens of thousands of ships passing by along one of the world’s busiest shipping lanes, the port drew only 34 ships in 2012.

And then the port became China’s.........


Look at their influence in Venezuela's current predicament.

Quote:
From 2007 to 2014, China lent Venezuela $63 billion — 53 percent of all its lending to Latin America during this time. There was an important catch to this largesse; to guarantee repayment,
Beijing insisted on being repaid in oil.
With most lending agreed to when oil hovered at more than $100 a barrel, as it did for most of 2007-2014, it seemed a good deal for both sides. However, when oil dropped to close to $30 a barrel in January 2016, this caused Venezuela’s price tag for serving its debt to explode. To repay Beijing today, Venezuela must now ship two barrels of oil for every one it originally agreed to.


https://foreignpolicy.com/2017/06/06/venezuelas-road-to-disaster-is-littered-with-chinese-cash/


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