Article

2012-02-07 China-Japan-Koreas

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by phil_b 2012-02-07 00:00|| || Front Page|| [11129 views ] Top

#1 Too many massive oversized/capacity ships than needed, not enough trade goods.

Posted by JosephMendiola 2012-02-07 00:59|| 2012-02-07 00:59|| Front Page Top

#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|| 2012-02-07 07:06|| Front Page Top

#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|| 2012-02-07 10:42|| Front Page Top

#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|| 2012-02-07 10:54|| Front Page Top

#5 No slump in the China to USA route.

Posted by Shimble Guelph5793 2012-02-07 15:38|| 2012-02-07 15:38|| Front Page Top

#6 We HAVE the factories!

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

Big difference.

Posted by Pappy 2012-02-07 18:14|| 2012-02-07 18:14|| Front Page Top

#7 Yes, but I suspect most readers understood my simple point without your corrective assist.

Posted by Besoeker 2012-02-07 18:21|| 2012-02-07 18:21|| Front Page Top

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

Posted by Bright Pebbles 2012-02-07 18:32|| 2012-02-07 18:32|| Front Page Top

#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|| 2012-02-07 19:14|| Front Page Top

00:02 Procopius2k
23:43 Eric Jablow
23:31 JosephMendiola
23:30 USN, Ret.
23:27 JosephMendiola
23:17 JosephMendiola
23:05 JosephMendiola
22:54 Chesh Squank6666
22:48 Chesh Squank6666
22:38 Iblis
22:27 trailing wife
22:25 RandomJD
22:05 RandomJD
22:05 gorb
21:58 USN, Ret.
21:55 trailing wife
21:53 trailing wife
21:49 USN, Ret.
21:45 gorb
21:43 Choluse Graling8806
21:36 Frank G
21:36 gorb
21:29 gorb
21:28 Choluse Graling8806