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Kirjava
EVE Protection Agency
Unclaimed.
278
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Posted - 2013.01.26 05:51:00 -
[1] - Quote
Gold is delicious , I look forward to the coming starvation as China monopolises the worlds deliscious Gold supply.
Or didn't the US have the largest gold reserve, followed by the IMF, Germany, France and a host of western powers?
Personally I put more faith in the US hydrocarbon reserves from fracking, the new huge Saudia Arabia eclipsing oil resource found in Australia ect.
Haruhiists - Overloading Out of Pod discussions since 2007.
Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. |
Kirjava
EVE Protection Agency
Unclaimed.
279
|
Posted - 2013.01.26 20:36:00 -
[2] - Quote
An interesting point Seen, one does not simply near double the labour pool and not expect deflation. Combined with the dependency ration spiking due to a lower fertility ration... well we have an incoming problem as a higher % of the salary of a current worker goes towards paying for the pension and care of the retired generation. This is a factor in Japans lost Decades since their economy went into stagflation in 1989.
Also a factor in China, 2 generations ago the one child policy was introduced, so one worker today may have 2 parents and 4 grandparents to support in addition to themselves in 20 years. China will probably grow old before they hit critical mass. The Chinese could become powerful, but right now they are a paper tiger and they can't bootstrap their economy at the previous pace while their cashcow cheap labour is idling.
The West isn't buying their crap in the same volumes, the Japanese are becoming more patriotic by the day and the South Koreans are dominating with domestic electronics. Yes others will buy their crap, but will the income exceed the amortisation of the machinery to make it and maintain domestic balance through finding work for wave after wave of migrant labour. If I remember right China needs to grow north of 7% a year to tread water with its gdp/capita in the coastal regions.
Haruhiists - Overloading Out of Pod discussions since 2007.
Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. |
Kirjava
EVE Protection Agency
Unclaimed.
509
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Posted - 2013.02.12 19:35:00 -
[3] - Quote
Obligatory.
Haruhiists - Overloading Out of Pod discussions since 2007.
Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. |
Kirjava
EVE Protection Agency
Unclaimed.
610
|
Posted - 2013.02.19 13:40:00 -
[4] - Quote
Sarok Zateki wrote:
It doesnt matter how much 0's they add in a computer, it will be like typing " show me the money " while trying to rebuild your base in the middle of a zerg rush.
ps- Tin foil........ where?!. Is it on sale?
Power Overwhelming....
And China will not be able to develop sufficiently before they start getting old and retiring, more of their economy going towards supporting their elderly ect. One child policy will come back to bit them in the arse long term unless they open their borders to large scale immigration from the rest of the world. "China" may well end up top dog, but I'm not sure it will be the Han.
Haruhiists - Overloading Out of Pod discussions since 2007.
Cardinal Kirjava - Redeclaring the Crusade in the name of the Goddess since 2012. |
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