You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
China-Japan-Koreas
Shanghai Shipping Slumps
2012-02-07
While debt soars. Rather ominous signs from the China economy.
Posted by:phil_b

#9  and any internal demand for the goods those factories produce?

Internal demand requires internal purchasing power. China probably has tens of millions of people with the purchasing power of developed country consumers. But the developed countries (US, EU, Japan) have almost a billion of them.
Posted by: Zhang Fei   2012-02-07 19:14  

#8  and any internal demand for the goods those factories produce?
Posted by: Bright Pebbles   2012-02-07 18:32  

#7  Yes, but I suspect most readers understood my simple point without your corrective assist.
Posted by: Besoeker   2012-02-07 18:21  

#6  We HAVE the factories!

No. We have "crumbling mills, factories, and businesses".

Big difference.
Posted by: Pappy   2012-02-07 18:14  

#5  No slump in the China to USA route.
Posted by: Shimble Guelph5793   2012-02-07 15:38  

#4  Even if the system crashes, they have the factories and the work force used to working, and we don't.
Posted by Thing From Snowy Mountain


We HAVE the factories! Just take Amtrak from Manassas, VA to Atlanta. It only travels about 35mph due to track conditions. Easy (but tearful) viewing. You'll see the backside of dozens of crumbling mills, factories, and businesses this time of year. Not so during the spring and summer months... as they are over grown with vegitation and hidden from view. Every Washington politician should make this journey.
Posted by: Besoeker   2012-02-07 10:54  

#3  Even if the system crashes, they have the factories and the work force used to working, and we don't.
Posted by: Thing From Snowy Mountain   2012-02-07 10:42  

#2  Gosh that's a shock!

Who could have predicted that exporting all your wealth in return for some Bernanke IOUs would end badly?

/sarc
Posted by: Bright Pebbles   2012-02-07 07:06  

#1  Too many massive oversized/capacity ships than needed, not enough trade goods.
Posted by: JosephMendiola   2012-02-07 00:59  

00:00