Home Forums Hunting & Shooting Hunter's Campfire Watching 60 minutes, China has 80-90 million new apartments empty

Good post, flint.

Nobody wants their currency…. So they will just make everyone use it.. the world won’t have a choice.

Yep,we should send them some of these illegal invaders as thanks.

they wont the next time either

Dillonbuck carries the discussion to it's logical point. The elephant in the room...what will Xi do with his back against the wall...how desperate will the central govt be to hold on to power? The Chinese economy is a house of cards and the wind is starting to blow. Even the South China Daily (CNN of the Party) is now admitting there is a "slowdown" in manufacturing. I guess you can call it a slowdown when factories are shut and millions of workers are fleeing the cities to return to their home provinces. The much ballyhooed 'Belt and Road' investment has turned out to be a money pit...the host countries are defaulting at a rate the Chinese never saw coming.
China is in trouble, the question is, how will they react? Will they attempt to dominate the countries bordering the petroleum lifeline, the Hormuz and the Malacca Strait and South China Sea?
Everybody is hyperventilating over the invasion of Taiwan...I just don't see that as a solution to China's currency/energy problem. Sure, the Taiwan industrial base would be a huge plus for China...but it would be questionable how soon after an invasion they could get it up and running again, depending on the reaction of the Taiwanese (scorched earth?)...my guess is years. And then never forget the ability of communists to screw up something that actually works and produces a net profit.
The tiger has sharp claws, but it is old and rotten and cannot fight a sustained battle far from it's den.

There's lot's of other problems around the Chinese financial markets -- Remember the much ballyhooed "Belt and Road program"? The Chinese "partnered" with countries to build infrastructure projects. Last I checked, more than 70% of those project loans are now in default. Instead of building a Chinese sphere of influence, it has become a huge strain on international relationships, as well as a huge money pit with no chance of getting repaid.

It’s my understanding that Taiwan is committed to China not taking it. Or getting anything worthwhile if they do. Plans are in place to eliminate the chip manufacturing facilities before they would get captured.

Eggzackley. The brains of the industry will be in the US or Mexico (yes, not a typo) before the first missile hits Taiwan. The factory equipment will be a toxic plume of smoke shortly after.
Samsung, Foxconn, Qualcom and Panasonic...and many more whose names we don't recognize are investing big in Mexico manufacturing facilities as we speak. Literally pouring money and expertise into construction. Auto parts, who cares about a little thing like auto parts? While the US auto unions were sleeping, Mexico has moved to 4th place in world production...and rising exponentially.

[quote=Dillonbuck]You try sending that to China and there will be war.
They are a lot of things, but stupid isn't one of them.

The Chinese are among the most racist people on earth. Anyone who isn't 100% Chinese is scum. They believe other Asian people like the Japanese and Koreans are lower life forms. God help someone who is mixed race, Chinese and white or black.

Flintlocke does a good job of putting it all into perspective. I would throw in, we do not know how many folks died from the Wuhan flu and just how many folks are available to get involved in a sustained war. And as per flintlocke, just how desperate is Xi ?? I don't see the people of China and Xi being on the same page.

kwg

i doubt that China will attack Taiwan, i give China attacking somewhere around 10 -15% of attacking. Taiwan has the most computer chips made in the world. blowing up the water supply system (reservoirs, aqueducts, pumping stations...) and then scorched earth in the chip plants will be closed for years. water scarcity is already a problem. then if China attacks Taiwan, then the US and the western allies will attack in Taiwan and the mainland. China hasn't had a war for 40some years, yes they are trained, unlike Russka, but they are unschooled in Warfare 101.

Xi, tho thru his actions, does not like russka. Xi can see the writing on the wall, so he gives russka supplies, both above and below the table. but what he is doing is making russka a client state. then there is always going north. Mongolia will fall quickly (i think we still have some Special Forces there, but i'm not sure). when it does fall, the US will have some strongly worded message, but thats it. North is russka too. China has sent people across the border, much like South and Central America, so that gives Xi an excuse for war. add to fact that China has seen old history maps and Pulter said he is taking the ground back from russkians that live in Ukraine, so...

Xi knows the more russkas' die in the war, the less he has to kill.

oh, and there is always oil in russka. it would make China great again, besides Pulter has lost his chance to go for allies.

Why?

Two reasons. You mentioned the first - that real property in China was for decades the only safe means of holding value. Secondly, what's you didn't mention, is the severe social credit score and/or legal ramifications of defaulting on payment. And not just for the person defaulting, but for their family as well.



Oh that's just utter nonsense. Sure, there are Chinese racist buttholes, just as there are American racist buttholes. But some of the friendliest down to earth welcoming people I've ever met were in China. And I'm pretty much as non-Chinese as you can get. As for hunxue (literally "mixed blood") I had Chinese grannies running across 4 lanes exclaiming "little foreigner" in order to see my older boy when he was 15 months old. When they got close and saw he was 50/50 Caucasian/Chinese, they would undoubtedly comment on how beautiful he was. In fact, the poor kid got so much doting attention in the two weeks we were there, that it turned him shy for a couple years afterwards. He's going back this summer with his mom, for the first time since 2017. I expect him to get an overwhelmingly positive reaction.

China has quietly amassed $50.9 billion usd using offshore agents on FX.

WSJ, Business Insider

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Good manners a nice person does not make.


Can't remember the comedian, but the skit was about how that nice old black man
hates your guts.

Would someone that hates you offer to drive you back into town from climbing a local mountain, rather than you using the local variant of Uber? Someone you met just that afternoon during the descent? He had to drive a little bit out of his way to do so, while heading back home to his wife and young child.

Would a woman you just met on a train coming into town from the nearest large city really hate you, if she and her parents give you a ride a few miles out town to your hotel. Again, just met this person and never saw them again.

Say a bill equal in amount to the average daily earnings of the time fall out of your pocket. Would someone that hated you pick it up and return it to you? Pretty sure had that happened here in the USA, the odds are good that money would be gone. And yet a complete stranger caught that a 100RMB came out of my pocket while buying fireworks, and handed it to me.

What a lot of people, around the world, fail to realize is that pretty much every single government that exists, really doesn't represent their people as a whole. So, just as Joe Biden doesn't represent me in any shape or form whatsoever, neither does the CCP really represent the average Zhou on the street in China. And, the Chinese have the advantage on us, as for the most party, they legitimately get to say that they didn't vote for their leaders.


On the other hand, should I ever need anything made in China*, you can absolutely betcher ass I'd be QCing the [bleep] out of it. I guess it just bugs me when folks that are obviously ignorant on the topic paint with a brush as wide as a Buick.





*My sons are the product of a Chinese biological facility, but I don't think that counts