Ignore Ron Paul are the new marching orders?

[CA renter]

[quote=AN][quote=CA renter]Yes, and it will be interesting to see how that works out for Chinese labor in the long run. Of course, once a sufficient number of Americans are completely tapped out (almost there), I think China is going to implode.[/quote]
IF that does happen, I think more than China will implode. It might be a global financial implosion.[/quote]

No doubt about it.

[briansd1]

[quote=CA renter][quote=AN][quote=CA renter]Yes, and it will be interesting to see how that works out for Chinese labor in the long run. Of course, once a sufficient number of Americans are completely tapped out (almost there), I think China is going to implode.[/quote]
IF that does happen, I think more than China will implode. It might be a global financial implosion.[/quote]

No doubt about it.[/quote]

I don’t think so, if China is able to engineer a consumer economy. China can be an engine of growth by consuming its own production and importing from other countries.

American consumers are not the only consumers. Middle income countries such as Mexico, Thailand, Brazil, etc.. are becoming important markets.

A capitalist system is all about money. The US will be a large market, but once China surpases in some areas, it won’t be good for us.

Products such as cell phone, computers, cosmetics, etc… will be designed for the largest market. That will spur innovation in that largest market, in a self-reinforcing manner.

I would not surprised if 20 years from now, we use technology that was first designed for the Chinese market.

The world is changing faster than our ability to adapt. We might be in for a psychological shock. But once we get used to it, we’ll be fine.

I belive that there will be a real estate bubble bust in the coastal cities of China. That could lead to economic and political upheaval. If China is able to get through that period, they will do well.

Actually political trouble in China in a period where the world economy depends more on China would be very serendipitous for China’s leadership. A Western world that relies more on China to support world growth is less likely to support an opposition party. There may never be a China Spring.

[briansd1]

[quote=CA renter][quote=AN][quote=CA renter]Yes, and it will be interesting to see how that works out for Chinese labor in the long run. Of course, once a sufficient number of Americans are completely tapped out (almost there), I think China is going to implode.[/quote]
IF that does happen, I think more than China will implode. It might be a global financial implosion.[/quote]

No doubt about it.[/quote]

I don’t think so, if China is able to engineer a consumer economy. China can be an engine of growth by consuming its own production and importing from other countries.

American consumers are not the only consumers. Middle income countries such as Mexico, Thailand, Brazil, etc.. are becoming important markets.

A capitalist system is all about money. The US will be a large market, but once China surpases in some areas, it won’t be good for us.

Products such as cell phone, computers, cosmetics, etc… will be designed for the largest market. That will spur innovation in that largest market, in a self-reinforcing manner.

I would not surprised if 20 years from now, we use technology that was first designed for the Chinese market.

The world is changing faster than our ability to adapt. We might be in for a psychological shock. But once we get used to it, we’ll be fine.

I belive that there will be a real estate bubble bust in the coastal cities of China. That could lead to economic and political upheaval. If China is able to get through that period, they will do well.

Actually political trouble in China in a period where the world economy depends more on China would be very serendipitous for China’s leadership. A Western world that relies more on China to support world growth is less likely to support an opposition party. There may never be a China Spring.

[briansd1]

[quote=CA renter][quote=AN][quote=CA renter]Yes, and it will be interesting to see how that works out for Chinese labor in the long run. Of course, once a sufficient number of Americans are completely tapped out (almost there), I think China is going to implode.[/quote]
IF that does happen, I think more than China will implode. It might be a global financial implosion.[/quote]

No doubt about it.[/quote]

I don’t think so, if China is able to engineer a consumer economy. China can be an engine of growth by consuming its own production and importing from other countries.

American consumers are not the only consumers. Middle income countries such as Mexico, Thailand, Brazil, etc.. are becoming important markets.

A capitalist system is all about money. The US will be a large market, but once China surpases in some areas, it won’t be good for us.

Products such as cell phone, computers, cosmetics, etc… will be designed for the largest market. That will spur innovation in that largest market, in a self-reinforcing manner.

I would not surprised if 20 years from now, we use technology that was first designed for the Chinese market.

The world is changing faster than our ability to adapt. We might be in for a psychological shock. But once we get used to it, we’ll be fine.

I belive that there will be a real estate bubble bust in the coastal cities of China. That could lead to economic and political upheaval. If China is able to get through that period, they will do well.

Actually political trouble in China in a period where the world economy depends more on China would be very serendipitous for China’s leadership. A Western world that relies more on China to support world growth is less likely to support an opposition party. There may never be a China Spring.

[briansd1]

[quote=CA renter][quote=AN][quote=CA renter]Yes, and it will be interesting to see how that works out for Chinese labor in the long run. Of course, once a sufficient number of Americans are completely tapped out (almost there), I think China is going to implode.[/quote]
IF that does happen, I think more than China will implode. It might be a global financial implosion.[/quote]

No doubt about it.[/quote]

I don’t think so, if China is able to engineer a consumer economy. China can be an engine of growth by consuming its own production and importing from other countries.

American consumers are not the only consumers. Middle income countries such as Mexico, Thailand, Brazil, etc.. are becoming important markets.

A capitalist system is all about money. The US will be a large market, but once China surpases in some areas, it won’t be good for us.

Products such as cell phone, computers, cosmetics, etc… will be designed for the largest market. That will spur innovation in that largest market, in a self-reinforcing manner.

I would not surprised if 20 years from now, we use technology that was first designed for the Chinese market.

The world is changing faster than our ability to adapt. We might be in for a psychological shock. But once we get used to it, we’ll be fine.

I belive that there will be a real estate bubble bust in the coastal cities of China. That could lead to economic and political upheaval. If China is able to get through that period, they will do well.

Actually political trouble in China in a period where the world economy depends more on China would be very serendipitous for China’s leadership. A Western world that relies more on China to support world growth is less likely to support an opposition party. There may never be a China Spring.

[briansd1]

[quote=CA renter][quote=AN][quote=CA renter]Yes, and it will be interesting to see how that works out for Chinese labor in the long run. Of course, once a sufficient number of Americans are completely tapped out (almost there), I think China is going to implode.[/quote]
IF that does happen, I think more than China will implode. It might be a global financial implosion.[/quote]

No doubt about it.[/quote]

I don’t think so, if China is able to engineer a consumer economy. China can be an engine of growth by consuming its own production and importing from other countries.

American consumers are not the only consumers. Middle income countries such as Mexico, Thailand, Brazil, etc.. are becoming important markets.

A capitalist system is all about money. The US will be a large market, but once China surpases in some areas, it won’t be good for us.

Products such as cell phone, computers, cosmetics, etc… will be designed for the largest market. That will spur innovation in that largest market, in a self-reinforcing manner.

I would not surprised if 20 years from now, we use technology that was first designed for the Chinese market.

The world is changing faster than our ability to adapt. We might be in for a psychological shock. But once we get used to it, we’ll be fine.

I belive that there will be a real estate bubble bust in the coastal cities of China. That could lead to economic and political upheaval. If China is able to get through that period, they will do well.

Actually political trouble in China in a period where the world economy depends more on China would be very serendipitous for China’s leadership. A Western world that relies more on China to support world growth is less likely to support an opposition party. There may never be a China Spring.

[Arraya]

China is desperately trying to build it’s consumer economy now that the West is collapsing. I highly doubt they get it going in time. Actually, at this point we are bumping up against oil needs with China. Chinese prosperity means American poverty in many respects.

However, China has no domestic energy sources it can readily put to use. Remember the US was the Saudi Arabia of the 50s. It has to import all of its energy except for coal and a small amount of uranium. That’s not a recipe for developing an empire. China has no domestic customer base. Its annual per capita nominal GDP is $3,300 vs $47,000 for the US. Its per capita consumption is $1,150 vs $32,900 for the US. Even if it would try, it would take decades to develop a viable domestic customer base.

Meanwhile, its foreign customer base is rapidly shrinking and throwing all it’s money at propping up a dead banking/credit system to keep it going. Which, again, appears to be coming apart in Europe and verging on another 2008 style credit event. Anybody notice bank stocks?

Also this

An unofficial Census report has recently estimated that total discharges of harmful chemicals into China’s rivers and lakes amount to 30.3 million tons in 2007, twice the number that had been officially reported. Government planners had estimated that Chinese water sources could only handle about 7.4 million tons of discharge a year, which is more than four times less than what the report found. Much of the discharge comes from industrial processes and chemical agriculture, which account for 90% of China’s water consumption.

Due to a rapidly growing economy and population, environmental degradation, increasing droughts and wealth inequality, almost a quarter of China’s population (primarily in the North) did not have access to safe drinking water as of 2009 and nearly 15% currently suffer from water-related illnesses. [8], [9]. China is also the largest exporter of agricultural crops in the world, and water scarcity is becoming an imminent threat to this industry. Many farmers in the Northern plains have already stopped producing wheat because of unreliable surface water and no access to groundwater.

[Arraya]

China is desperately trying to build it’s consumer economy now that the West is collapsing. I highly doubt they get it going in time. Actually, at this point we are bumping up against oil needs with China. Chinese prosperity means American poverty in many respects.

However, China has no domestic energy sources it can readily put to use. Remember the US was the Saudi Arabia of the 50s. It has to import all of its energy except for coal and a small amount of uranium. That’s not a recipe for developing an empire. China has no domestic customer base. Its annual per capita nominal GDP is $3,300 vs $47,000 for the US. Its per capita consumption is $1,150 vs $32,900 for the US. Even if it would try, it would take decades to develop a viable domestic customer base.

Meanwhile, its foreign customer base is rapidly shrinking and throwing all it’s money at propping up a dead banking/credit system to keep it going. Which, again, appears to be coming apart in Europe and verging on another 2008 style credit event. Anybody notice bank stocks?

Also this

An unofficial Census report has recently estimated that total discharges of harmful chemicals into China’s rivers and lakes amount to 30.3 million tons in 2007, twice the number that had been officially reported. Government planners had estimated that Chinese water sources could only handle about 7.4 million tons of discharge a year, which is more than four times less than what the report found. Much of the discharge comes from industrial processes and chemical agriculture, which account for 90% of China’s water consumption.

Due to a rapidly growing economy and population, environmental degradation, increasing droughts and wealth inequality, almost a quarter of China’s population (primarily in the North) did not have access to safe drinking water as of 2009 and nearly 15% currently suffer from water-related illnesses. [8], [9]. China is also the largest exporter of agricultural crops in the world, and water scarcity is becoming an imminent threat to this industry. Many farmers in the Northern plains have already stopped producing wheat because of unreliable surface water and no access to groundwater.

[Arraya]

China is desperately trying to build it’s consumer economy now that the West is collapsing. I highly doubt they get it going in time. Actually, at this point we are bumping up against oil needs with China. Chinese prosperity means American poverty in many respects.

However, China has no domestic energy sources it can readily put to use. Remember the US was the Saudi Arabia of the 50s. It has to import all of its energy except for coal and a small amount of uranium. That’s not a recipe for developing an empire. China has no domestic customer base. Its annual per capita nominal GDP is $3,300 vs $47,000 for the US. Its per capita consumption is $1,150 vs $32,900 for the US. Even if it would try, it would take decades to develop a viable domestic customer base.

Meanwhile, its foreign customer base is rapidly shrinking and throwing all it’s money at propping up a dead banking/credit system to keep it going. Which, again, appears to be coming apart in Europe and verging on another 2008 style credit event. Anybody notice bank stocks?

Also this

An unofficial Census report has recently estimated that total discharges of harmful chemicals into China’s rivers and lakes amount to 30.3 million tons in 2007, twice the number that had been officially reported. Government planners had estimated that Chinese water sources could only handle about 7.4 million tons of discharge a year, which is more than four times less than what the report found. Much of the discharge comes from industrial processes and chemical agriculture, which account for 90% of China’s water consumption.

Due to a rapidly growing economy and population, environmental degradation, increasing droughts and wealth inequality, almost a quarter of China’s population (primarily in the North) did not have access to safe drinking water as of 2009 and nearly 15% currently suffer from water-related illnesses. [8], [9]. China is also the largest exporter of agricultural crops in the world, and water scarcity is becoming an imminent threat to this industry. Many farmers in the Northern plains have already stopped producing wheat because of unreliable surface water and no access to groundwater.

[Arraya]

China is desperately trying to build it’s consumer economy now that the West is collapsing. I highly doubt they get it going in time. Actually, at this point we are bumping up against oil needs with China. Chinese prosperity means American poverty in many respects.

However, China has no domestic energy sources it can readily put to use. Remember the US was the Saudi Arabia of the 50s. It has to import all of its energy except for coal and a small amount of uranium. That’s not a recipe for developing an empire. China has no domestic customer base. Its annual per capita nominal GDP is $3,300 vs $47,000 for the US. Its per capita consumption is $1,150 vs $32,900 for the US. Even if it would try, it would take decades to develop a viable domestic customer base.

Meanwhile, its foreign customer base is rapidly shrinking and throwing all it’s money at propping up a dead banking/credit system to keep it going. Which, again, appears to be coming apart in Europe and verging on another 2008 style credit event. Anybody notice bank stocks?

Also this

An unofficial Census report has recently estimated that total discharges of harmful chemicals into China’s rivers and lakes amount to 30.3 million tons in 2007, twice the number that had been officially reported. Government planners had estimated that Chinese water sources could only handle about 7.4 million tons of discharge a year, which is more than four times less than what the report found. Much of the discharge comes from industrial processes and chemical agriculture, which account for 90% of China’s water consumption.

Due to a rapidly growing economy and population, environmental degradation, increasing droughts and wealth inequality, almost a quarter of China’s population (primarily in the North) did not have access to safe drinking water as of 2009 and nearly 15% currently suffer from water-related illnesses. [8], [9]. China is also the largest exporter of agricultural crops in the world, and water scarcity is becoming an imminent threat to this industry. Many farmers in the Northern plains have already stopped producing wheat because of unreliable surface water and no access to groundwater.

[Arraya]

China is desperately trying to build it’s consumer economy now that the West is collapsing. I highly doubt they get it going in time. Actually, at this point we are bumping up against oil needs with China. Chinese prosperity means American poverty in many respects.

However, China has no domestic energy sources it can readily put to use. Remember the US was the Saudi Arabia of the 50s. It has to import all of its energy except for coal and a small amount of uranium. That’s not a recipe for developing an empire. China has no domestic customer base. Its annual per capita nominal GDP is $3,300 vs $47,000 for the US. Its per capita consumption is $1,150 vs $32,900 for the US. Even if it would try, it would take decades to develop a viable domestic customer base.

Meanwhile, its foreign customer base is rapidly shrinking and throwing all it’s money at propping up a dead banking/credit system to keep it going. Which, again, appears to be coming apart in Europe and verging on another 2008 style credit event. Anybody notice bank stocks?

Also this

An unofficial Census report has recently estimated that total discharges of harmful chemicals into China’s rivers and lakes amount to 30.3 million tons in 2007, twice the number that had been officially reported. Government planners had estimated that Chinese water sources could only handle about 7.4 million tons of discharge a year, which is more than four times less than what the report found. Much of the discharge comes from industrial processes and chemical agriculture, which account for 90% of China’s water consumption.

Due to a rapidly growing economy and population, environmental degradation, increasing droughts and wealth inequality, almost a quarter of China’s population (primarily in the North) did not have access to safe drinking water as of 2009 and nearly 15% currently suffer from water-related illnesses. [8], [9]. China is also the largest exporter of agricultural crops in the world, and water scarcity is becoming an imminent threat to this industry. Many farmers in the Northern plains have already stopped producing wheat because of unreliable surface water and no access to groundwater.

[CA renter]

Brian,

Arraya’s post pretty much nails it.

Only time will tell, but in the meantime, the world is racing toward some significant shifts that will change how we perceive trade, capitalism, and power/money in general, IMHO.

[CA renter]

Brian,

Arraya’s post pretty much nails it.

Only time will tell, but in the meantime, the world is racing toward some significant shifts that will change how we perceive trade, capitalism, and power/money in general, IMHO.

[CA renter]

Brian,

Arraya’s post pretty much nails it.

Only time will tell, but in the meantime, the world is racing toward some significant shifts that will change how we perceive trade, capitalism, and power/money in general, IMHO.

[CA renter]

Brian,

Arraya’s post pretty much nails it.

Only time will tell, but in the meantime, the world is racing toward some significant shifts that will change how we perceive trade, capitalism, and power/money in general, IMHO.

[Author]

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