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Profile j mercer
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Message 1819513 - Posted: 25 Sep 2016, 1:21:38 UTC - in response to Message 1819506.  

So that mite just be a problem for all the new types of tech our defence forces use these days .

Need will prompt innovations. We've been doing it for centuries.

Not to worry be happy. Har! ;^)
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Message 1819541 - Posted: 25 Sep 2016, 2:33:08 UTC - in response to Message 1819496.  
Last modified: 25 Sep 2016, 2:39:43 UTC

Soybean is grown in lots and lots and lots of country's so no problem there if we end up in a fight with China

Darth...
A fight over minerals, oil, etc? What minerals aren't available, at an increased price, that we get from China?

Rare earth elements for instance.
They are used in computer chips, LCD screens, batteries and cell phones.
https://en.wikipedia.org/wiki/Rare_earth_element

From your link...

Mines in these countries were closed when China undercut world prices in the 1990s, and it will take a few years to restart production as there are many barriers to entry.

Yes... They are available outside of China.

Yes. Even in Sweden.
Ytterby is a village on the Swedish island of Resarö, in Vaxholm Municipality in the Stockholm archipelago.

At a quarry and mine near the village, the rare earth mineral yttria was discovered and named after the village. This crude mineral eventually proved to be the source of four new elements that were named after the mineral ore and the village. These elements are yttrium (Y), erbium (Er), terbium (Tb), and ytterbium (Yb)[1] and were first described in 1794, 1842, 1842, and 1878, respectively. In 1989 the ASM International society installed a plaque at the former entrance to the mine, commemorating the mine as a historical landmark.[2]

In addition, three other lanthanides, holmium (Ho, named after Stockholm), thulium (Tm, named after Thule, a mythic analog of Scandinavia), and gadolinium (Gd, after the chemist Johan Gadolin) can trace their discovery to the same quarry[3] making it the location with most elements named after it.

But mining rare earth minerales is a very messy and costly process.
In China it's cheaper because of the high grade ore and also maybe they don't calculate the cost of cleaning up.
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Message 1819543 - Posted: 25 Sep 2016, 2:46:16 UTC - in response to Message 1819541.  

But mining rare earth minerales is a very messy and costly process.
In China it's cheaper because of the high grade ore and also maybe they don't calculate the cost of cleaning up.


yes your right this from a article , I'll put the link too

"Rare earths is such a classic case of this – we basically export the resources at a rather cheap price, and much of the environmental cost is externalised to local communities."


https://www.theguardian.com/sustainable-business/rare-earth-mining-china-social-environmental-costs
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Message 1819619 - Posted: 25 Sep 2016, 12:24:53 UTC

They're certainly not standing still.

FAST
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Message 1819636 - Posted: 25 Sep 2016, 13:14:46 UTC - in response to Message 1819626.  


Darth...

We have two choices regarding our future.

#1 - China Controls The West.

#2 - The West Controls Itself.

I choose #2.

Which do you choose?


doesn't matter what I want . Life is not always a choice . Things can happen and you don't always get to choice the outcome .

A bit of wisdom by using a example .

America chose to rise up against a king , thousand die to get there Independence .

Australia does not chose to rise up against a king nobody dies and yet they get there Independence

Israel rises up against Rome millions die and they don't get there Independence

2000 yrs goes buy and then all of a sudden they get a Country Nobody died for them to be given it ( don't count ww2 as it was not about the birth of Israel )

what is the lesson I'm trying to teach you ?
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Message 1819833 - Posted: 26 Sep 2016, 4:12:50 UTC

http://www.bbc.com/news/business-37468566
The former chief economist of the International Monetary Fund has told the BBC a slowdown in China is the greatest threat to the global economy.

Ken Rogoff said a calamitous "hard landing" for one of the main engines of global growth could not be ruled out.

"China is going through a big political revolution," he said.

"And I think the economy is slowing down much more than the official figures show,"

Mr Rogoff added: "If you want to look at a part of the world that has a debt problem look at China. They've seen credit fuelled growth and these things don't go on forever."

Last week, the Bank of International Settlements, the global think tank for central banks, said that China's debt to GDP ratio stood at 30.1%, increasing fears that China's economic boom was based on an unstable credit bubble.

The figure was described as "very high by international standards" by the Financial Policy Committee of the Bank of England, which will now test British banks' exposure to a Chinese slowdown.

British banks have $530bn worth of lending and business in China, including Hong Kong. That is about 16% of all foreign assets held by UK banks.
...
Mr Rogoff said that European economies and the US had to ensure they were "on their feet" before any slowdown started to bite.

"The IMF has marked down its forecasts of global growth nine years in a row and certainly the rumour is they're about to do it again," he said.
...
"In Europe, central banks are buying up a significant proportion of the corporate debt market - that's what you do in China, in India, they're doing that in Japan also.

"There are all sorts of other pressures and I worry in the long run that central banks are losing their independence."

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Message 1819841 - Posted: 26 Sep 2016, 4:57:37 UTC - in response to Message 1819833.  

Last week, the Bank of International Settlements, the global think tank for central banks, said that China's debt to GDP ratio stood at 30.1%, increasing fears that China's economic boom was based on an unstable credit bubble.


Your worried about nothing and the whole article is B/S why ?

What is America debt to GDP ??? I think a hell of a lot more than 30%

Australia has a debt to GDP of 35% and were not in trouble

Average households have more debt Company's are geared at 35% +

So 30% is nothing . Just some financial guru trying to manipulate the market buy putting fear out hoping it will influence the markets .

Also it's for your domestic market as they have to make out China is in trouble seeing as your own economy is in worse shape as far s debt to GDP

propaganda that's all that is
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Message 1819848 - Posted: 26 Sep 2016, 5:12:16 UTC - in response to Message 1819841.  

Last week, the Bank of International Settlements, the global think tank for central banks, said that China's debt to GDP ratio stood at 30.1%, increasing fears that China's economic boom was based on an unstable credit bubble.


Your worried about nothing and the whole article is B/S why ?

What is America debt to GDP ??? I think a hell of a lot more than 30%

Australia has a debt to GDP of 35% and were not in trouble

Average households have more debt Company's are geared at 35% +

So 30% is nothing . Just some financial guru trying to manipulate the market buy putting fear out hoping it will influence the markets .

Also it's for your domestic market as they have to make out China is in trouble seeing as your own economy is in worse shape as far s debt to GDP

propaganda that's all that is

Glenn, please know that financial terms are precise.
There are two ratios.
1) Budget deficit on yearly basis
2) Total incurred debt
To use the term you did to measure AU, China rates 282% [2015]
http://www.mckinsey.com/global-themes/employment-and-growth/debt-and-not-much-deleveraging
China's debt has quadrupled since 2007. Fueled by real estate and shadow banking, China's total debt has nearly quadrupled, rising to $28 trillion by mid-2014, from $7 trillion in 2007. At 282 percent of GDP, China's debt as a share of GDP, while manageable, is larger than that of the United States or Germany. Three developments are potentially worrisome: half of all loans are linked, directly or indirectly, to China's overheated real-estate market; unregulated shadow banking accounts for nearly half of new lending; and the debt of many local governments is probably unsustainable.

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Message 1819851 - Posted: 26 Sep 2016, 5:19:02 UTC

Gary try this link it is accurate as I have checked the numbers with other sources , there debt is mostly internal

http://www.usdebtclock.org/world-debt-clock.html#
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Message 1819852 - Posted: 26 Sep 2016, 5:24:01 UTC - in response to Message 1819851.  

Gary try this link it is accurate as I have checked the numbers with other sources , there debt is mostly internal

http://www.usdebtclock.org/world-debt-clock.html#

You might start with the beige book
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Message 1819869 - Posted: 26 Sep 2016, 7:31:57 UTC - in response to Message 1819851.  

Gary try this link it is accurate as I have checked the numbers with other sources , there debt is mostly internal

http://www.usdebtclock.org/world-debt-clock.html#

Your internal debt is higher than the US and our Public is only 15% higher.

OMG the sky is falling.

;^)
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Message 1821402 - Posted: 3 Oct 2016, 0:33:57 UTC - in response to Message 1819869.  


Your internal debt is higher than the US and our Public is only 15% higher.

OMG the sky is falling.

;^)


NO problem what that link does not show is the 1.7 trillion in our superannuation funds so no prob we can pay it tomorrow if we want .

Oh our economy is about 1.6 trillion so we got more cash that what the whole country can make in 1 year or in other words we have 110% of GDP in our bank accounts do you lot !!!!!!!
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Message 1821422 - Posted: 3 Oct 2016, 3:33:22 UTC

The Kool-Aid is good...
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Message 1821470 - Posted: 3 Oct 2016, 8:48:54 UTC

Kool-Aid?

I havn't seen that crap in decades now, thankfully (is it still legal to sell over here?).

Cheers.
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Message 1821685 - Posted: 4 Oct 2016, 12:06:19 UTC

So America you wish for Australian Navy ships to join you in the south China Sea ummm

Did you know the new president of the Philippines Rodrigo Duterte is having a change of hart about China and the south China Sea ...

Could America be caught off side in the south China sea as the country's that have protested about what China is doing there change there mind

Could we sea America start a war and nobody in the area including Australia wishes to join them and say bad luck you started fighting with them your on your own

Looks like America may be losing all it's friends as it looks like the idiot Trump may win the election so Americas allies turn there back on a president that has threatened it's allies and told them they must pay America for it's protection

Act like a Mafia Boss and well I don't think America is going to have many allies good luck with you south China sea B/S as it does not concern you but it hasn't stopped you from once again interfering with other nations
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Message 1821705 - Posted: 4 Oct 2016, 13:16:52 UTC - in response to Message 1821688.  

Bow to your New Masters. Who, because they have no Culture of Western Law, nor will ever follow it. Will be far worse than what the American Empire imposed after WWII.


Maybe not for approx. 1000 years China has had no plans to expand it's borders .

I do not see that changing as for Tibet and 1 or 2 other places if you look at history they where claimed buy China for a long time .



I wish I was living 1000 years from now. Where we can study this Time Period. Shaking our heads at the stupidly, as History Educates Us, humans always do.


Me to 100% there
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Message 1821794 - Posted: 5 Oct 2016, 1:14:20 UTC

Clyde you forget how many people are in the country's to our north

Indonesia has 200million plus buy it's self and is a muslim country .

And as Philippines Rodrigo Duterte said to Obama

"go to hell we can buy our arms from other country's"

And all because of the big mouth Trump and to think he hasn't even won the election .

It's already starting mate and gowd help us all if he does win and I really think you lot do need to think about what will happen to your own county

Your economy will be hit first the world is very upset over the words Trump is using

As Clinton says Words matter
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Message 1821946 - Posted: 5 Oct 2016, 12:37:44 UTC - in response to Message 1821931.  

Is your Country really Self Sufficient? Does your Country need Free International Trade. Enforced by The USA's Brute Force


In short no we don't need anything from outside we are self sufficient

Your economy will be controlled by the Expanding Chinese Economy. Whose Economic and Political Strength


It's 2016 mate where have you been .

1980 we did about 50% trade with you and 50% with Europe

2016 we do 5% trade with you now and China 70% Europe the rest already and we have had 25 years of growth and our living standards are much better than even you lot .

So all good from our end not so good for you thou .

China is our friend .

That's what you get when you close up your factory's and go home

AKA Ford and GM are stopping production of cars here next year and from then on all cars will be imported and most of the cars being sold are not made in America .

Plus you lot already think were a socialist country so there is not that much difference with communism then .
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Message 1821949 - Posted: 5 Oct 2016, 12:57:34 UTC - in response to Message 1821947.  

Darth...

China has no friends.

Enjoy :)


But America will always have Israel as their "friend" cor i'm SO envious , and i'm being sarcastic ( if you can't work it out ! )
Life is what you make of it :-)

When i'm good i'm very good , but when i'm bad i'm shi#eloads better ;-) In't I " buttercups " p.m.s.l at authoritie !!;-)
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Message 1821956 - Posted: 5 Oct 2016, 13:32:53 UTC - in response to Message 1821947.  

China has no friends.

I guess they have.
On 9 May 1950 Sweden became the first Western country to establish diplomatic relations with the People’s Republic of China. 2015 marks 65 years of diplomatic relations.

Enjoying :)
http://swedeninchina.smugmug.com/65-years-video/
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