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Old Today, 12:09 PM
 
Location: Houston
22,917 posts, read 11,805,158 times
Reputation: 9316

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Quote:
Originally Posted by Hoonose View Post
IMO China's Achilles heel is imported foodstuffs. China is more resource limited than the USA.

https://dimsums.blogspot.com/2019/09...26261193054134
Quote:
Originally Posted by craigiri View Post
Per capital includes the Trillion in debt we incur each year and the 23+ Trillion already borrowed.

It includes "income" we pay 2X normal medical costs for.

It includes "income" from the 1.5 Trillion per year spent on the Security State (people, software and hardware and debt payments)......

It includes the fact that we have to buy stuff made elsewhere because our purchasing power would not support American made products.

Correct me if I am wrong in one of more of these things...

Also, answer us this. Does this take Bill Gates and Bezos income into the mix and then distribute their income to many millions of others...? In other words, are you counting inequality into this?

If the above is the case, isn't that really an unfair comparison?
How many Americans are having their babies in China? You don’t think the Chinese leaders control a lot of wealth?

I know quite a few Chinese immigrants. None of them want to go back for economics and other reasons.

Our median ppp is several times what China’s is.

Our gini coefficients are similar.
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Old Today, 12:19 PM
 
6,474 posts, read 2,752,182 times
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Quote:
Originally Posted by rkcarguy View Post
It is quite alarming. Notice the types of purchases too. Energy companies, banks, shipping, warehouses in key ports, foodstuff companies, seeds and agriculture....all acquisitions that poise China to take control of the worlds necessities. They have attempted to buy many US financial institutions, banks, electric companies, power plants, and so on. One power plant project we were supplying some items to, was put on hold for 18 months as a Chinese firm was attempting to buy the company, which would have put 40+ power plants along the west coast under Chinese ownership. A federal court ultimately blocked the sale under national security concerns.


We're playing checkers and doing it poorly, China is playing chess masterfully.
Too little too late to do anything about it now and jump on the wagon.
During the 1999 Seattle WTO Protests, many were against trade with China but the Chamber of Commerce and Big Business interests shut the protests down.

Now they are all being bought out by the Chinese and we are supposed to care?
That train selled when they sold out this nation.
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Old Today, 12:34 PM
 
6,474 posts, read 2,752,182 times
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Quote:
Originally Posted by RageX View Post
America was unique in the world once with our know-how and manufacturing superiority.

Then some greedy Americans had to sell out the rest of us, so they could be even more rich, in the process, giving our unique advantage to a country equal in size, mildly comparable in military strength and, superior in population quantity. At that point we inflicted upon ourselves irreversible damage-over-time that will lead to an American game over.

China has tens of millions of children and teenagers that know how to assemble things, daily, that, thanks to our needlessly social-justice based school system, maybe only thousands of Americans know how to do.

The US is too big to take directly but, in many other ways, China has already won.
Exactly
It is hard to gin up any sympathy for these sellouts in Big Business that are now crying foul.
Thier greed punished a lot of Americans when they moved to China.
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Old Today, 12:34 PM
 
12,145 posts, read 5,815,403 times
Reputation: 7131
Quote:
Originally Posted by Hoonose View Post
IMO China's Achilles heel is imported foodstuffs. China is more resource limited than the USA.

https://dimsums.blogspot.com/2019/09...26261193054134
Correct -- China does not produce enough food for their population. There food imports are 10% of the World's production.
Same thing for Energy - they can't produce enough energy to fuel China.

WHO do you suppose does lead the world now in both Food and Energy???
That is what we call Leverage.
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Old Today, 12:37 PM
 
9,053 posts, read 4,031,402 times
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Quote:
Originally Posted by whogo View Post
Chinaís per capita ppp is about 16k, Taiwan has about 56k. China does not have an efficient economy.
Of course China is still moving on up towards the first world.

But efficiency is much less a problem for China with its apolitical and secretive central command and state owned banks and industry, vs say the USA. Because they can always quickly come up with any needed Yuan anywhere. Barring any onerous inflation of course. Waste, sure, but less of a problem there.

Inflation is more likely to be seen with food stuffs. Like pork.

https://dimsums.blogspot.com/2019/09...26261193054134

And IMO agri imports being their Achilles heel.
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Old Today, 12:39 PM
 
9,053 posts, read 4,031,402 times
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Quote:
Originally Posted by Kibby View Post
Correct -- China does not produce enough food for their population. There food imports are 10% of the World's production.
Same thing for Energy - they can't produce enough energy to fuel China.

WHO do you suppose does lead the world now in both Food and Energy???
That is what we call Leverage.
With the BRICS China has Brazil for agri and Russia for fuel. In order to press China's weakness more of the world would have to join in.
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Old Today, 12:40 PM
 
9,053 posts, read 4,031,402 times
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Quote:
Originally Posted by craigiri View Post
These are not problems since ag production in the world is incredibly high and there are always plenty of places willing to sell ag products in exchange for manufacturers goods or money.

Of course, as said before, China already owns vast acreage and food production corporations in the USA and elsewhere........

Japan is an intensely resource limited country, right?
Japan for sure.
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Old Today, 01:18 PM
 
Location: Houston
22,917 posts, read 11,805,158 times
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The fact is I work for a wholly owned subsidiary of a Japanese corporation and I’m guessing a very small percentage of revenue generated goes back to Japan

And of course they have to follow all federal, state and local laws.

Of all the fears I see enunciated on this forum the fear that foreigners are buying up this nation are about the most absurd.

Capital investment in the USA is a good thing.

All of us who pay property taxes know who co owns our property. It’s local governments. Chinese owners of US property do the same. They are sharing our tax burden

It’s amazing protectionists complain when we invest overseas and complain when foreigners invest here.

Last edited by whogo; Today at 01:30 PM..
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Old Today, 02:34 PM
 
12,145 posts, read 5,815,403 times
Reputation: 7131
Quote:
Originally Posted by Hoonose View Post
With the BRICS China has Brazil for agri and Russia for fuel. In order to press China's weakness more of the world would have to join in.
China is buying Soy Beans from Brazil, Brazil has to buy from others (including the USA) to fill all those orders. My comments about fuel/ energy have more to do with the EU/Germany and their problems, which are worse now because of the currency manipulation by China. Itís all connected.

Quote:
Originally Posted by whogo View Post
The fact is I work for a wholly owned subsidiary of a Japanese corporation and Iím guessing a very small percentage of revenue generated goes back to Japan

And of course they have to follow all federal, state and local laws.

Of all the fears I see enunciated on this forum the fear that foreigners are buying up this nation are about the most absurd.

Capital investment in the USA is a good thing.
.



Didnít you love the dumb post about how China owns agricultural and meat production in the USA, and therefor doesnít have to worry about tariffs. It doesnít matter who owns what ... tariffs are still imposed on exports.
Unless a trade agreement is in place ..... like the Agreement that Japan just worked out with the USA to take our Soy Bean and Pork.
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