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  #1  
Old 10-10-2014, 10:38 AM
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China now has the largest economy in the world

Well at least that was the media report yesterday. Visualise how large their economy is going to become even by just slowly adjusting their currency upwards towards it's real value. Mind the ever increasing production.

North America has probably totally lost the economic war or soon enough will. A simple person like myself has some difficulty imagining what will change as a result.

Change is always innevatable anyways. Some how I feel this is not going to be a good change for north Americans. The time frame it occurs in is also unknown but the foundation of what is to come is now established I think.

As an individual I might start considering what the most likely scenario is going to be in my remaining years. In all probability because I posted this knowing myself I have already started changing some things. North American and European governments forced credit on people by design to cover some of the difficulties in the last ten year period. This must be getting close to exhaustion for many that took the bait.

I have to have issues with no long term planning in place for what is to come at government levels I suspect. This is very complex as China knows it cannot absorb all the money and have a large remaining external market unless it turns inward more. Actually to a certain extent they have already been doing this.

I think I am going to suggest to our youngest daughter and son in law that they consider investigating the most common Chinese dialect to have their son learn the language in. They have our youngest grandchild at ten years old. I think that it would pay off over time. More so than the worth of the mandatory french language most if not all Canadian students have to learn.

One should never forget that historically the Chinese are rated smarter than the Japanese. Based on that alone I thought that China could move at twice the speed that Japan did was not an impossibility. This was back in the day that China was producing only true junk for export. Japan did that as well in their initial; period. China without a doubt is moving upward in quality now the initial period is passing. I very much doubt they will make the same misteaks Japan did that limited their expansion. Hopefully they will make newer misteaks instead. I just would not bank on that occurring.


Last edited by barry12345; 10-10-2014 at 11:05 AM.
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  #2  
Old 10-10-2014, 02:50 PM
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Originally Posted by barry12345 View Post

Change is always innevatable anyways. Some how I feel this is not going to be a good change for north Americans.
It's not going to be a good change for most people, not just North Americans.

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  #3  
Old 10-10-2014, 05:02 PM
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Everyone that shops based on the lowest price alone ( attn Walmart shoppers ) can be blamed for the decline of at least the USA.

The $ the USA has sent to China in terms of purchasing goods and the US debt ( govt bonds ) owned by China puts us in a pretty bad position. This is heaven for Obama whom wants to knock the US down in status, power and freedom.

Make no mistake about it, China is_GOING_ to invade another country at some point. It might start off small as a test but it will lead to a larger take over. They are likely to be allied with Russia as Russia has the skills and China the weaponry ( that they stole from the US. )
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  #4  
Old 10-10-2014, 05:36 PM
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You are correct.
Americans did this to themselves by demanding cheap stuff. To produce products cheaply the companies moved their production to Asia where labor is cheap, unions don't exist, workers live in barracks, and there are no environmental controls to stop pollution. Americans can't grasp why their friends and neighbors are unemployed when the company they worked for shuts down, since it's products are now made in Asia. Americans have this foolish notion that they are entitled to low prices and high wages. Are Canadians any different? Not really.

They could have paid a little more for good quality 'Made in USA', and kept their neighbors employed, but they're not very smart at that sort of thing. China plays Go; America plays checkers, badly.

Chinese are buying American real estate at 10 cents on the dollar. The invasion is already happening. The newly minted Chinese upper middle class will move to America and set up shop. China conquered America in the aisles of MalWart, without ever firing a shot or destroying any real estate. The sheeple are addicted to MalWart disposable crap, and there's no going back. America focused on preventing a military invasion and didn't see the economic invasion until it was too late.
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  #5  
Old 10-10-2014, 05:49 PM
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Originally Posted by barry12345 View Post
... I am going to suggest to our youngest daughter and son in law that they consider investigating the most common Chinese dialect to have their son learn the language in. They have our youngest grandchild at ten years old. I think that it would pay off over time. More so than the worth of the mandatory french language most if not all Canadian students have to learn....
You're right.
Kids that age should be learning Cantonese or Mandarin. French is pretty much useless for anyone, unless they plan on moving to Quebec, or want a French speaking mistress.
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  #6  
Old 10-10-2014, 06:48 PM
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A Chinese insurance company has purchased the Waldorf-Astoria in NYC . . . which just shows you . . . they learned nothing from the Japanese about American real estate.
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  #7  
Old 10-10-2014, 06:56 PM
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Originally Posted by John Galt View Post
You are correct.
Americans did this to themselves by demanding cheap stuff. To produce products cheaply the companies moved their production to Asia where labor is cheap, unions don't exist, workers live in barracks, and there are no environmental controls to stop pollution. Americans can't grasp why their friends and neighbors are unemployed when the company they worked for shuts down, since it's products are now made in Asia. Americans have this foolish notion that they are entitled to low prices and high wages. Are Canadians any different? Not really.

They could have paid a little more for good quality 'Made in USA', and kept their neighbors employed, but they're not very smart at that sort of thing. China plays Go; America plays checkers, badly.

Chinese are buying American real estate at 10 cents on the dollar. The invasion is already happening. The newly minted Chinese upper middle class will move to America and set up shop. China conquered America in the aisles of MalWart, without ever firing a shot or destroying any real estate. The sheeple are addicted to MalWart disposable crap, and there's no going back. America focused on preventing a military invasion and didn't see the economic invasion until it was too late.
John:

Isn't it true that the above post not only describes the actions of the "sheeple", as you term them, but also your own actions? How many possessions of yours do not have a "Made in America" label on them, starting with the computer that you used to produce your lament?
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  #8  
Old 10-10-2014, 07:38 PM
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Originally Posted by P.C. View Post
John:Isn't it true that the above post not only describes the actions of the "sheeple", as you term them, but also your own actions? How many possessions of yours do not have a "Made in America" label on them, starting with the computer that you used to produce your lament?
It would appear you misunderstood. I'm not 'lamenting' anything. Note that I stated: "The sheeple are addicted to MalWart disposable crap". I don't buy imported disposable crap. The Chinese are capable of making good quality products, but most N.Americans don't understand the concepts of quality, durability, reliability, and longevity. My computer is an old Dell 760, that I got free from government surplus. It's running W7 and does everything I need from a computer. I will get many years of reliable operation from it like the previous computers I've owned and still use for data storage.

I don't buy much import stuff, but when I do I look for the quality goods not the throw-away crap. My Toyota diesel truck was made in Japan 25 years ago. It's still better than anything made in North America, so yes there are exceptions when quality is important.

Nearly all my tools are Made in USA or Made in Canada, like my log splitter and ATV. Sure I could have bought poorly designed cheap import ones, but I prefer quality, so I didn't mind paying about 10% more, knowing that it kept North Americans employed, a roof over their heads and food on their table.

I don't eat anything from China, all of it is toxic to some extent. The food I purchase comes from Canada or the USofA. I avoid processed 'food', nearly all of it contains contaminated ingredients from China.

The fuel I use comes from Canadian wells or grown on Canadian canola fields using Canadian petroleum for fuel and fertilizer.

I hope that clears up your misconceptions.
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  #9  
Old 10-10-2014, 07:50 PM
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Quote:
Originally Posted by barry12345 View Post
Well at least that was the media report yesterday. Visualise how large their economy is going to become even by just slowly adjusting their currency upwards towards it's real value. Mind the ever increasing production.

North America has probably totally lost the economic war or soon enough will. A simple person like myself has some difficulty imagining what will change as a result.

Change is always innevatable anyways. Some how I feel this is not going to be a good change for north Americans. The time frame it occurs in is also unknown but the foundation of what is to come is now established I think.

As an individual I might start considering what the most likely scenario is going to be in my remaining years. In all probability because I posted this knowing myself I have already started changing some things. North American and European governments forced credit on people by design to cover some of the difficulties in the last ten year period. This must be getting close to exhaustion for many that took the bait.

I have to have issues with no long term planning in place for what is to come at government levels I suspect. This is very complex as China knows it cannot absorb all the money and have a large remaining external market unless it turns inward more. Actually to a certain extent they have already been doing this.

I think I am going to suggest to our youngest daughter and son in law that they consider investigating the most common Chinese dialect to have their son learn the language in. They have our youngest grandchild at ten years old. I think that it would pay off over time. More so than the worth of the mandatory french language most if not all Canadian students have to learn.

One should never forget that historically the Chinese are rated smarter than the Japanese. Based on that alone I thought that China could move at twice the speed that Japan did was not an impossibility. This was back in the day that China was producing only true junk for export. Japan did that as well in their initial; period. China without a doubt is moving upward in quality now the initial period is passing. I very much doubt they will make the same misteaks Japan did that limited their expansion. Hopefully they will make newer misteaks instead. I just would not bank on that occurring.
The official and most common dialect of Chinese is Mandarin, which is pretty much understood by the other dialects except Toishan and Uighur.

In some cases, it's kind of like getting a Scotsman to speak to an old lady from the US Deep South, but they can communicate.

BTW, in the past, when in China, I have used both French and even Russian in the market place, more so than English, although more people outside the professional class are now learning English (aside from hotel people).

The French is useful everywhere, and obviously the Chinese will be useful, especially to give your progeny a leg up, since most Anglos don't study Chinese or any other language.. It appears that 10% of Anglo Canadians speak French but 90% of Francophones speak English and a fair number also speak one native language or can make themselves understood in it.

Since the Arab immigrants to Canada also speak French it adds to the value, eh?
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  #10  
Old 10-10-2014, 08:10 PM
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Originally Posted by strelnik View Post
...The French is useful everywhere, ...
You are correct. My comment about French was a flippant one, caused by having to deal with arrogant Quebeckers, who understand English but pretend not to. They demand that everything be provided in French even though there is less than 10% of them here in the Territories.
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  #11  
Old 10-10-2014, 08:18 PM
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Old 10-10-2014, 09:39 PM
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Economy per capita still leaves Chinese lacking.
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Old 10-10-2014, 10:07 PM
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Economy per capita still leaves Chinese lacking.
...and their low pollution percapita is equally misleading.

Percapita numbers are often deceptive because they presume validity from equal distribution of the factor being measured for a 'country'. Neither 'economy' or pollution are evenly distributed in China, or America, or any other 'country'. Countries only define a region with mostly homogenous political control.
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Old 10-10-2014, 10:08 PM
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Failure Upon Failure - The disintegration of the Obama presidency
Oct 20, 2014, Vol. 20, No. 06 • By STEPHEN F. HAYES
Failure Upon Failure | The Weekly Standard
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Old 10-10-2014, 10:34 PM
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Great time to be in the international ecommerce business or have that experience. Alibaba ipo increased 35% in the first day.


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