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j mercer Send message Joined: 3 Jun 99 Posts: 2422 Credit: 12,323,733 RAC: 1 |
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! ;^) ... |
janneseti Send message Joined: 14 Oct 09 Posts: 14106 Credit: 655,366 RAC: 0 |
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 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] 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. |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
But mining rare earth minerales is a very messy and costly process. 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 |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
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Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
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 ? |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30648 Credit: 53,134,872 RAC: 32 |
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. |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
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 |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30648 Credit: 53,134,872 RAC: 32 |
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. 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. |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
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# |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30648 Credit: 53,134,872 RAC: 32 |
Gary try this link it is accurate as I have checked the numbers with other sources , there debt is mostly internal You might start with the beige book |
j mercer Send message Joined: 3 Jun 99 Posts: 2422 Credit: 12,323,733 RAC: 1 |
Gary try this link it is accurate as I have checked the numbers with other sources , there debt is mostly internal Your internal debt is higher than the US and our Public is only 15% higher. OMG the sky is falling. ;^) ... |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
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 !!!!!!! |
j mercer Send message Joined: 3 Jun 99 Posts: 2422 Credit: 12,323,733 RAC: 1 |
The Kool-Aid is good... ... |
Wiggo Send message Joined: 24 Jan 00 Posts: 34744 Credit: 261,360,520 RAC: 489 |
Kool-Aid? I havn't seen that crap in decades now, thankfully (is it still legal to sell over here?). Cheers. |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
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 |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
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 |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
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 |
Darth Beaver Send message Joined: 20 Aug 99 Posts: 6728 Credit: 21,443,075 RAC: 3 |
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 . |
Mark Stevenson Send message Joined: 8 Sep 11 Posts: 1736 Credit: 174,899,165 RAC: 91 |
Darth... 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 !!;-) |
janneseti Send message Joined: 14 Oct 09 Posts: 14106 Credit: 655,366 RAC: 0 |
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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