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dbapigParticipant
The actual score is
Rest of the world (advantage) versus China (disadvantage).China is acting like some new money that’s drunk on their newly found wealth, hence not quite knowing how to behave with its neighbors. All this incident did was remind everyone in the world the true nature of the Chinese govt. Everyone will be on guard when it comes to China.
China acted too rashly and showed its cards too early, rather like Germany in WW2. Had Germany wanted a little longer and perfected its weapons a little longer before WW2 broke out, the Allies might have even lost or at least have a much tougher time beating Germany. Same thing, China just showed its cards too early.
China had been accused of hoarding rare earth it was mining in China only for Chinese firms, weeks before this happened. Now that they actually pulled this card against Japan, I think it only serves to tar China in the long term.
You say but China has most of the rare earth deposits? Simple fact is it’s not true. As earlier poster said, China mines most of it because mining it is messy and environmental damaging. US has about 15% of this stuff on US soil but doesn’t bother mining it because, well it’s dirty.
dbapigParticipantThe actual score is
Rest of the world (advantage) versus China (disadvantage).China is acting like some new money that’s drunk on their newly found wealth, hence not quite knowing how to behave with its neighbors. All this incident did was remind everyone in the world the true nature of the Chinese govt. Everyone will be on guard when it comes to China.
China acted too rashly and showed its cards too early, rather like Germany in WW2. Had Germany wanted a little longer and perfected its weapons a little longer before WW2 broke out, the Allies might have even lost or at least have a much tougher time beating Germany. Same thing, China just showed its cards too early.
China had been accused of hoarding rare earth it was mining in China only for Chinese firms, weeks before this happened. Now that they actually pulled this card against Japan, I think it only serves to tar China in the long term.
You say but China has most of the rare earth deposits? Simple fact is it’s not true. As earlier poster said, China mines most of it because mining it is messy and environmental damaging. US has about 15% of this stuff on US soil but doesn’t bother mining it because, well it’s dirty.
dbapigParticipantThe actual score is
Rest of the world (advantage) versus China (disadvantage).China is acting like some new money that’s drunk on their newly found wealth, hence not quite knowing how to behave with its neighbors. All this incident did was remind everyone in the world the true nature of the Chinese govt. Everyone will be on guard when it comes to China.
China acted too rashly and showed its cards too early, rather like Germany in WW2. Had Germany wanted a little longer and perfected its weapons a little longer before WW2 broke out, the Allies might have even lost or at least have a much tougher time beating Germany. Same thing, China just showed its cards too early.
China had been accused of hoarding rare earth it was mining in China only for Chinese firms, weeks before this happened. Now that they actually pulled this card against Japan, I think it only serves to tar China in the long term.
You say but China has most of the rare earth deposits? Simple fact is it’s not true. As earlier poster said, China mines most of it because mining it is messy and environmental damaging. US has about 15% of this stuff on US soil but doesn’t bother mining it because, well it’s dirty.
dbapigParticipantThe actual score is
Rest of the world (advantage) versus China (disadvantage).China is acting like some new money that’s drunk on their newly found wealth, hence not quite knowing how to behave with its neighbors. All this incident did was remind everyone in the world the true nature of the Chinese govt. Everyone will be on guard when it comes to China.
China acted too rashly and showed its cards too early, rather like Germany in WW2. Had Germany wanted a little longer and perfected its weapons a little longer before WW2 broke out, the Allies might have even lost or at least have a much tougher time beating Germany. Same thing, China just showed its cards too early.
China had been accused of hoarding rare earth it was mining in China only for Chinese firms, weeks before this happened. Now that they actually pulled this card against Japan, I think it only serves to tar China in the long term.
You say but China has most of the rare earth deposits? Simple fact is it’s not true. As earlier poster said, China mines most of it because mining it is messy and environmental damaging. US has about 15% of this stuff on US soil but doesn’t bother mining it because, well it’s dirty.
dbapigParticipantYou can always try craigslist. If you have just one child, yes maybe try renting. But if you have 2 or more, I think buying one (used or new) is fine as you have higher chance of someone actually spending time with the piano.
Lastly, I was told group piano lesson isn’t really worth it… You really need one on one attention with something like piano. I wish I had a chance to learn piano when I was young.
dbapigParticipantYou can always try craigslist. If you have just one child, yes maybe try renting. But if you have 2 or more, I think buying one (used or new) is fine as you have higher chance of someone actually spending time with the piano.
Lastly, I was told group piano lesson isn’t really worth it… You really need one on one attention with something like piano. I wish I had a chance to learn piano when I was young.
dbapigParticipantYou can always try craigslist. If you have just one child, yes maybe try renting. But if you have 2 or more, I think buying one (used or new) is fine as you have higher chance of someone actually spending time with the piano.
Lastly, I was told group piano lesson isn’t really worth it… You really need one on one attention with something like piano. I wish I had a chance to learn piano when I was young.
dbapigParticipantYou can always try craigslist. If you have just one child, yes maybe try renting. But if you have 2 or more, I think buying one (used or new) is fine as you have higher chance of someone actually spending time with the piano.
Lastly, I was told group piano lesson isn’t really worth it… You really need one on one attention with something like piano. I wish I had a chance to learn piano when I was young.
dbapigParticipantYou can always try craigslist. If you have just one child, yes maybe try renting. But if you have 2 or more, I think buying one (used or new) is fine as you have higher chance of someone actually spending time with the piano.
Lastly, I was told group piano lesson isn’t really worth it… You really need one on one attention with something like piano. I wish I had a chance to learn piano when I was young.
September 2, 2010 at 10:18 PM in reply to: Are Asians more bullish about housing in general… #599778dbapigParticipant[quote=equalizer][quote=CA renter][quote=AK]Who were the fools who signed without reading? I bet it’s more likely the uneducated folks.
The entire closing process is designed to keep you from reading the papers or having a chance to get them reviewed.
Your loan docs arrive with just enough time to skim, sign, and FedEx off just in time to meet the closing deadline — this is no accident.
I know highly educated and financially astute people who got screwed by people they trusted. (I also believe that trusting “your own people,” whomever those people might be, leaves you wide-open to affinity fraud … but that’s a subject for another thread.)[/quote]
Absolutely true, AK.[/quote]
Its even worse, the courier brings paper to have you sign on spot without reading, just like Congress when they pass a bill.[/quote]I don’t want to get off the topic on hand but this sub thread makes me share a story I heard. I met a grad student from South Korea and as we were talking about the financial debacle and etc, he told me how surprised he was to hear that US has home mortgage brokers.
He told me that in South Korea if you acted as a mortgage broker, that is helping someone get a home mortgage and get paid for it, you will go to JAIL. It’s illegal to work as a MORTGAGE broker in South Korea. If you want to buy a house with a mortgage, you better know how to research and decide on what mortgage to get yourself.
I think that’s not a bad idea… Of course it will never happen here..
Lastly, he told me no one in South Korea even mentioned laying off teachers during the IMF crisis. He told me the budget crunch US govt agencies (state, county, city) are experiencing now is nothing compared to what South Korean govt experienced during the IMF crisis.
Unfortunately here, the first public employees to be laid off are teachers. He couldn’t understand that…
September 2, 2010 at 10:18 PM in reply to: Are Asians more bullish about housing in general… #599869dbapigParticipant[quote=equalizer][quote=CA renter][quote=AK]Who were the fools who signed without reading? I bet it’s more likely the uneducated folks.
The entire closing process is designed to keep you from reading the papers or having a chance to get them reviewed.
Your loan docs arrive with just enough time to skim, sign, and FedEx off just in time to meet the closing deadline — this is no accident.
I know highly educated and financially astute people who got screwed by people they trusted. (I also believe that trusting “your own people,” whomever those people might be, leaves you wide-open to affinity fraud … but that’s a subject for another thread.)[/quote]
Absolutely true, AK.[/quote]
Its even worse, the courier brings paper to have you sign on spot without reading, just like Congress when they pass a bill.[/quote]I don’t want to get off the topic on hand but this sub thread makes me share a story I heard. I met a grad student from South Korea and as we were talking about the financial debacle and etc, he told me how surprised he was to hear that US has home mortgage brokers.
He told me that in South Korea if you acted as a mortgage broker, that is helping someone get a home mortgage and get paid for it, you will go to JAIL. It’s illegal to work as a MORTGAGE broker in South Korea. If you want to buy a house with a mortgage, you better know how to research and decide on what mortgage to get yourself.
I think that’s not a bad idea… Of course it will never happen here..
Lastly, he told me no one in South Korea even mentioned laying off teachers during the IMF crisis. He told me the budget crunch US govt agencies (state, county, city) are experiencing now is nothing compared to what South Korean govt experienced during the IMF crisis.
Unfortunately here, the first public employees to be laid off are teachers. He couldn’t understand that…
September 2, 2010 at 10:18 PM in reply to: Are Asians more bullish about housing in general… #600415dbapigParticipant[quote=equalizer][quote=CA renter][quote=AK]Who were the fools who signed without reading? I bet it’s more likely the uneducated folks.
The entire closing process is designed to keep you from reading the papers or having a chance to get them reviewed.
Your loan docs arrive with just enough time to skim, sign, and FedEx off just in time to meet the closing deadline — this is no accident.
I know highly educated and financially astute people who got screwed by people they trusted. (I also believe that trusting “your own people,” whomever those people might be, leaves you wide-open to affinity fraud … but that’s a subject for another thread.)[/quote]
Absolutely true, AK.[/quote]
Its even worse, the courier brings paper to have you sign on spot without reading, just like Congress when they pass a bill.[/quote]I don’t want to get off the topic on hand but this sub thread makes me share a story I heard. I met a grad student from South Korea and as we were talking about the financial debacle and etc, he told me how surprised he was to hear that US has home mortgage brokers.
He told me that in South Korea if you acted as a mortgage broker, that is helping someone get a home mortgage and get paid for it, you will go to JAIL. It’s illegal to work as a MORTGAGE broker in South Korea. If you want to buy a house with a mortgage, you better know how to research and decide on what mortgage to get yourself.
I think that’s not a bad idea… Of course it will never happen here..
Lastly, he told me no one in South Korea even mentioned laying off teachers during the IMF crisis. He told me the budget crunch US govt agencies (state, county, city) are experiencing now is nothing compared to what South Korean govt experienced during the IMF crisis.
Unfortunately here, the first public employees to be laid off are teachers. He couldn’t understand that…
September 2, 2010 at 10:18 PM in reply to: Are Asians more bullish about housing in general… #600522dbapigParticipant[quote=equalizer][quote=CA renter][quote=AK]Who were the fools who signed without reading? I bet it’s more likely the uneducated folks.
The entire closing process is designed to keep you from reading the papers or having a chance to get them reviewed.
Your loan docs arrive with just enough time to skim, sign, and FedEx off just in time to meet the closing deadline — this is no accident.
I know highly educated and financially astute people who got screwed by people they trusted. (I also believe that trusting “your own people,” whomever those people might be, leaves you wide-open to affinity fraud … but that’s a subject for another thread.)[/quote]
Absolutely true, AK.[/quote]
Its even worse, the courier brings paper to have you sign on spot without reading, just like Congress when they pass a bill.[/quote]I don’t want to get off the topic on hand but this sub thread makes me share a story I heard. I met a grad student from South Korea and as we were talking about the financial debacle and etc, he told me how surprised he was to hear that US has home mortgage brokers.
He told me that in South Korea if you acted as a mortgage broker, that is helping someone get a home mortgage and get paid for it, you will go to JAIL. It’s illegal to work as a MORTGAGE broker in South Korea. If you want to buy a house with a mortgage, you better know how to research and decide on what mortgage to get yourself.
I think that’s not a bad idea… Of course it will never happen here..
Lastly, he told me no one in South Korea even mentioned laying off teachers during the IMF crisis. He told me the budget crunch US govt agencies (state, county, city) are experiencing now is nothing compared to what South Korean govt experienced during the IMF crisis.
Unfortunately here, the first public employees to be laid off are teachers. He couldn’t understand that…
September 2, 2010 at 10:18 PM in reply to: Are Asians more bullish about housing in general… #600840dbapigParticipant[quote=equalizer][quote=CA renter][quote=AK]Who were the fools who signed without reading? I bet it’s more likely the uneducated folks.
The entire closing process is designed to keep you from reading the papers or having a chance to get them reviewed.
Your loan docs arrive with just enough time to skim, sign, and FedEx off just in time to meet the closing deadline — this is no accident.
I know highly educated and financially astute people who got screwed by people they trusted. (I also believe that trusting “your own people,” whomever those people might be, leaves you wide-open to affinity fraud … but that’s a subject for another thread.)[/quote]
Absolutely true, AK.[/quote]
Its even worse, the courier brings paper to have you sign on spot without reading, just like Congress when they pass a bill.[/quote]I don’t want to get off the topic on hand but this sub thread makes me share a story I heard. I met a grad student from South Korea and as we were talking about the financial debacle and etc, he told me how surprised he was to hear that US has home mortgage brokers.
He told me that in South Korea if you acted as a mortgage broker, that is helping someone get a home mortgage and get paid for it, you will go to JAIL. It’s illegal to work as a MORTGAGE broker in South Korea. If you want to buy a house with a mortgage, you better know how to research and decide on what mortgage to get yourself.
I think that’s not a bad idea… Of course it will never happen here..
Lastly, he told me no one in South Korea even mentioned laying off teachers during the IMF crisis. He told me the budget crunch US govt agencies (state, county, city) are experiencing now is nothing compared to what South Korean govt experienced during the IMF crisis.
Unfortunately here, the first public employees to be laid off are teachers. He couldn’t understand that…
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