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China Rising; A Must Listen
Topic Started: 4 Apr 2015, 06:49 AM (24,433 Views)
Black Panther
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14 Oct 2015, 09:59 AM
Adjunct Associate Professor John Lee

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Australian National University Public Lecture by Emeritus Professor Paul Dibb (Anglo) and Adjunct Associate Professor John Lee (Anglophile)

The die is cast, get use to the fact that things are and will change as China supplants the Anglosphere.

:bye:
Edited by Black Panther, 14 Oct 2015, 10:07 AM.
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Black Panther
14 Oct 2015, 10:07 AM
Australian National University Public Lecture by Emeritus Professor Paul Dibb (Anglo) and Adjunct Associate Professor John Lee (Anglophile) :
Australian National University Public Lecture by Emeritus Professor Paul Dibb (Anglo) (sinophile) and Adjunct Associate Professor John Lee (Anglophile) (sino)
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Gossamer
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China economic growth lowest in over 6 years
Common sense is a curse - those who have it need to suffer dealing with those who don't have it.

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Nelson
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Gossamer
19 Oct 2015, 05:28 PM
Australia would invade PNG to have 6.9% growth.

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Black Panther
20 Oct 2015, 09:17 AM
Australia would invade PNG to have 6.9% growth.
And you believe the bs. Just a debt ponzi on the windown fast.

Dont know about gosses link, thought I heard on tele last night it was the worst growth in over twenty years.

Not sure what people cannot understand going from 20% for over a decade to 6.9% apparently.

They have overproduced almost every product on the entire planet and continue to do so. A simple example is the toaster. They have probably made more toasters than households on the planet, if not, at the rate they are going, it wont be long until they do. They will need to keep undercutting one another just to achieve a sale. And its not just toasters, everything from lights bulbs to tvs ,shipping containers to ships, and everything in between. They are killing our jobs and wages, they are now killing their own jobs and wages. Basically , they have overborrowed to overproduce and the world now has too much stuff as a result.

The constant shift to the ever cheaper emerging markets labour has destroyed western economies. THEY CANNOT COMPETE.

And now India are making plenty of stuff with wages much cheaper than chinese wages again.

Think about this clearly for a moment. Any demise of chinese jobs and wages only means further demise on western wages and jobs as a result. Any rise of India only puts more downward pressure on chinese jobs and wages as well as their own as overproduction becomes even more rampant. Over the last few decades we have moved away from the expensive western wages to the ever cheaper emerging markets. From Japan to Korea, to Taiwan to China, and now to India . Where to next ? who can we exploit next for even cheaper wages in order to somehow compete with the next guy ? Zimbabwe ?
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Ex BP Golly
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The Whole Truth
4 Oct 2015, 11:01 AM
I'll risk a chinese toaster but I wouldn't wantoto risk regular rides on a chinese build train.
I wonder if that's racist? Or just prudent?
Expensive Chinese bluray just carked it after 3 years.

Took out my 80s era Marrantz amp.

The Japanese amp probably would have run for another 30 years without incident if it had never hooked up to a Chinese product.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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20 Oct 2015, 09:52 AM
They have overproduced almost every product on the entire planet and continue to do so. A simple example is the toaster. They have probably made more toasters than households on the planet, if not, at the rate they are going, it wont be long until they do. They will need to keep undercutting one another just to achieve a sale. And its not just toasters, everything from lights bulbs to tvs ,shipping containers to ships, and everything in between. They are killing our jobs and wages, they are now killing their own jobs and wages. Basically , they have overborrowed to overproduce and the world now has too much stuff as a result.
There are enough young adults in this planet to consume all that. Problem is they don't have homes to put all the junk in.

A young man living under his mom's basement can get by the barest of necessities without consuming much.

If he had his own cheap home, he'll find a way to fill it with junk. Maybe even a wife and kids who can consume more junk.

But homes are expensive as fuck, so the whole production system has bulged at this choke point and collapsed.
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Black Panther
20 Oct 2015, 09:17 AM
Australia would invade PNG to have 6.9% growth.
Rate cut shows that even China's government doesn't believe its own data
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Gossamer
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20 Oct 2015, 10:27 AM
A young man living under his mom's basement.......
Mom?
Common sense is a curse - those who have it need to suffer dealing with those who don't have it.

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Nelson
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