China Thread

#4,078
#4,078
85SugarVol said:
Probably too dangerous to shoot them down over US territory.
Click to expand...
True if you don't know what they are carrying in terms of whether equipment uses toxic substances. Of if they'd spark a forest fire, and goodness knows we don't need more of those given the past two years of wood land blazes. I'm in favor of launching similar balloons from Israel, India, or Pakistan, all of who are no friends of China, and let prevailing winds push them over there. Maybe send 10 or more at a time just to enliven things.
 
#4,079
#4,079
85SugarVol said:
Probably too dangerous to shoot them down over US territory.
Click to expand...
We know it was coming over the Pacific. It was over our military bases gathering all of the intel China wanted. Allowing it to traverse North America and check out our bases looked extremely weak. Of course Biden and much of his admin are compromised by China so it was no surprise at all.
 
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#4,080
#4,080
WoodsmanVol said:
True if you don't know what they are carrying in terms of whether equipment uses toxic substances. Of if they'd spark a forest fire, and goodness knows we don't need more of those given the past two years of wood land blazes. I'm in favor of launching similar balloons from Israel, India, or Pakistan, all of who are no friends of China, and let prevailing winds push them over there. Maybe send 10 or more at a time just to enliven things.
Click to expand...
My comment was completely sarcastic, 100% made in jest and reference to letting the CCP balloon traverse the entire country - cause you know, too dangerous to shoot down over US territory….
 
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#4,082
#4,082
WoodsmanVol said:
True if you don't know what they are carrying in terms of whether equipment uses toxic substances. Of if they'd spark a forest fire, and goodness knows we don't need more of those given the past two years of wood land blazes. I'm in favor of launching similar balloons from Israel, India, or Pakistan, all of who are no friends of China, and let prevailing winds push them over there. Maybe send 10 or more at a time just to enliven things.
Click to expand...
You're close on India anyway. Big miss on the other two.
 
#4,083
#4,083
85SugarVol said:
My comment was completely sarcastic, 100% made in jest and reference to letting the CCP balloon traverse the entire country - cause you know, too dangerous to shoot down over US territory….
Click to expand...
My comment was made in semi-sincerity cause I found your comment interesting. My apologies, but if it makes you feel better:
HEHEHEHEHEHEHEHEHEHEHEH
 
#4,086
#4,086
EasternVol said:
Israel's quite friendly with China and Pakistan is very friendly with them.
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Israel friendly with China? Might have been at one time, though one should always doubt China's true intentions.
thediplomat.com

Is China a Friend? Time for Israel to Decide.

While it remains to be seen how the Israel-Hamas war unfolds, it has already shown the nature of the Sino-Israeli relationship and where China’s interests lie.
thediplomat.com


Seems you're right on Pakistan. I doubt it lasts, but for now, you're right.
 
#4,089
#4,089
Here in America, we're living to please the radical far-left climate cult in trying to change our carbon foot print far down to zero as possible. But in China, they give the world a big middle finger to everyone living in it & goes about their life to live as if others don't exist. It's worthless trying to meet our goals while dealing w/any other nation(s) that see themselves as superior and not cooperate in helping out the world.

 
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#4,090
#4,090
W.TN.Orange Blood said:
Here in America, we're living to please the radical far-left climate cult in trying to change our carbon foot print far down to zero as possible. But in China, they give the world a big middle finger to everyone living in it & goes about their life to live as if others don't exist. It's worthless trying to meet our goals while dealing w/any other nation(s) that see themselves as superior and not cooperate in helping out the world.

Click to expand...


That whole air quality thing is nice to have.

While China enjoys some economic benefits from building more coal plants, they also incur the negative external costs as well.
 
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#4,091
#4,091
PKT_VOL said:
Click to expand...

So how can two things be true at the same time. One the one hand, business sentiment is terrible and China is on the verge of collapse. But on the other hand, their overcapacity is threatening American business.

Janet Yellen tackles China over flood of cheap goods

“Overcapacity isn’t a new problem, but it has intensified, and we’re seeing emerging risks in new sectors,” Yellen told a group of China-based American executives. “This can undercut the business of American firms and workers, as well as of firms around the world, including in India and Mexico.”

She first mentioned the issue at an earlier meeting with the leaders of Guangdong province, the country’s economic powerhouse.

US officials and lawmakers have expressed concern that China’s overinvestment and excess capacity could result in cheap products flooding global markets, affecting local industries and employment.
 
#4,092
#4,092
Rasputin_Vol said:
So how can two things be true at the same time. One the one hand, business sentiment is terrible and China is on the verge of collapse. But on the other hand, their overcapacity is threatening American business.

Janet Yellen tackles China over flood of cheap goods

“Overcapacity isn’t a new problem, but it has intensified, and we’re seeing emerging risks in new sectors,” Yellen told a group of China-based American executives. “This can undercut the business of American firms and workers, as well as of firms around the world, including in India and Mexico.”

She first mentioned the issue at an earlier meeting with the leaders of Guangdong province, the country’s economic powerhouse.

US officials and lawmakers have expressed concern that China’s overinvestment and excess capacity could result in cheap products flooding global markets, affecting local industries and employment.
Click to expand...
its something that has been said for a long time about China and how they are skewing the "free" market. Pretty sure I have posted about this before, but because it doesn't come from Zero Hedge you just assume its part of some western propaganda.

China has been overproducing and flooding the markets for a while, artificially driving down costs, hurting both their own and foreign manufacturing. They are overflooding because their central government is telling them, we don't care if you are making money or even at a loss, keep producing and don't lay off workers. Chinese companies have been taking losses for a while. Its also been hurting foreign markets and was a large reason for Brexit because the EU laws didn't allow the UK to protect their own manufacturing. Other nations have started similarly responding.

with the global demand finally dying down, that overproduction is having even less return. there is no one to buy all the cheap crap they are making. all this inflation, which the Chinese have helped cause, is driving down demand on their own projects. The only way they were making any money to somewhat stay afloat was just due to bulk, they can survive making a penny of profit on each piece of steal they produce if they are selling a trillion pieces of steal. but what happens when its a penny only on a millions units, or one hundred thousand?

so now Chinese companies are going from surviving on the edge, to now facing a complete dearth of demand which the Central Government will have to address. they are facing mass layoffs.

Its similar to why all their real estate companies are hurting. even though they have made thousands/millions of units, there isn't enough demand to support it. and you have the world's largest real estate company/developer collapse.

all of their manufacturing was based on speculation and future growth, not actual market forces and demand. and that speculation and future growth were predetermined by their central government, not actual market studies. Its why their GDP growth and several other metrics were suspiciously consistent and ALWAYs met the central government's goals. its FIAT manufacturing in effect.

I KNOW the same issues exist for their construction materials here. there is so much of it costs for those products are relatively low, and they have flooded their markets too much.
 
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#4,093
#4,093
LouderVol said:
its something that has been said for a long time about China and how they are skewing the "free" market. Pretty sure I have posted about this before, but because it doesn't come from Zero Hedge you just assume its part of some western propaganda.

China has been overproducing and flooding the markets for a while, artificially driving down costs, hurting both their own and foreign manufacturing. They are overflooding because their central government is telling them, we don't care if you are making money or even at a loss, keep producing and don't lay off workers. Chinese companies have been taking losses for a while. Its also been hurting foreign markets and was a large reason for Brexit because the EU laws didn't allow the UK to protect their own manufacturing. Other nations have started similarly responding.

with the global demand finally dying down, that overproduction is having even less return. there is no one to buy all the cheap crap they are making. all this inflation, which the Chinese have helped cause, is driving down demand on their own projects. The only way they were making any money to somewhat stay afloat was just due to bulk, they can survive making a penny of profit on each piece of steal they produce if they are selling a trillion pieces of steal. but what happens when its a penny only on a millions units, or one hundred thousand?

so now Chinese companies are going from surviving on the edge, to now facing a complete dearth of demand which the Central Government will have to address. they are facing mass layoffs.

Its similar to why all their real estate companies are hurting. even though they have made thousands/millions of units, there isn't enough demand to support it. and you have the world's largest real estate company/developer collapse.

all of their manufacturing was based on speculation and future growth, not actual market forces and demand. and that speculation and future growth were predetermined by their central government, not actual market studies. Its why their GDP growth and several other metrics were suspiciously consistent and ALWAYs met the central government's goals. its FIAT manufacturing in effect.

I KNOW the same issues exist for their construction materials here. there is so much of it costs for those products are relatively low, and they have flooded their markets too much.
Click to expand...

It's almost as if multiple things can be true at once with complicated issues...
 
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#4,094
#4,094
PKT_VOL said:
It's almost as if multiple things can be true at once with complicated issues...
Click to expand...
its not like bubbles are some new concept in economics. if you pay attention even a little its pretty easy to pick out where people/nations are overextending themselves.

and I would say our, the US government's spending, is in a similar situation. We are trying to spend our way out of economic troubles, china is trying to produce its way out. theoretically it CAN work, but reality is a completely different beast.
 
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#4,095
#4,095
LouderVol said:
its not like bubbles are some new concept in economics. if you pay attention even a little its pretty easy to pick out where people/nations are overextending themselves.

and I would say our, the US government's spending, is in a similar situation. We are trying to spend our way out of economic troubles, china is trying to produce its way out. theoretically it CAN work, but reality is a completely different beast.
Click to expand...

The US federal government's spending problem is the biggest threat to the American people. It is not even close.

The problem with the rest of the world, including China, is that their similar problems are much worse. China's currency manipulation, capital controls, debt-fueled economy, and demographic collapse makes our problems seem quaint.
 
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#4,096
#4,096
PKT_VOL said:
The US federal government's spending problem is the biggest threat to the American people. It is not even close.

The problem with the rest of the world, including China, is that their similar problems are much worse. China's currency manipulation, capital controls, debt-fueled economy, and demographic collapse makes our problems seem quaint.
Click to expand...
agreed. every single part of their country is based on a FIAT-esque level of fakery. and it seeps into every part of China.
 
#4,097
#4,097
PKT_VOL said:
The US federal government's spending problem is the biggest threat to the American people. It is not even close.

The problem with the rest of the world, including China, is that their similar problems are much worse. China's currency manipulation, capital controls, debt-fueled economy, and demographic collapse makes our problems seem quaint.
Click to expand...
Cut taxes. Cut spending. Starve it.
 
#4,099
#4,099
Orangeburst said:
webcache.googleusercontent.com

Chinese scientists close in on laser propulsion for superfast, silent submarines

Breakthrough overcomes decades-old problem of how to harness the technology to propel underwater vessels, according to paper.
webcache.googleusercontent.com webcache.googleusercontent.com

well this aint good..and not April Fools..
@85SugarVol
Click to expand...
Idk man - I’ll classify laser submarines alongside their 3,000 mile carrier killers.

I’ll believe it when I see it. Or see us respond in a way that indicates they actually have it.

Mach speed submarines. Pretty fantastical.
 
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#4,100
#4,100
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