So this is what China is gonna do with all that money...

[Denny]

Inflation. They have two choices, they let their currency float to real value and it destroys their exports or they let inflation drive costs so high it destroys their exports. They are just trying to hold out to where the rest of the world recovers from recession, then a rise in their currency wouldn't hurt so bad.

Right. Most people just hear China is running the world's trade. They don't see it from the inside, though. Think about a family's gross income equating to about $2200 US Dollars and having as much, if not more, higher prices than we do for living expenses.

[Broncojohnny]

Right. Most people just hear China is running the world's trade. They don't see it from the inside, though. Think about a family's gross income equating to about $2200 US Dollars and having as much, if not more, higher prices than we do for living expenses.

Exactly, a decent house costs $100k just like it does here and to buy it, your son has to be on the hook for the mortgage. Then they build TVs all day long that most of them can't afford, they can only afford the cheap ass Chinese knock off. You could go on all day.

How much longer can wages go up 10% a year before it makes sense to manufacture in Detroit? Keep in mind it isn't free to ship shit across the ocean. As I said, it can't go on forever, China can't be an emerging market forever. The thing is, when the shit hits the fan the government is still a communist regime that has no problem murdered a million of its citizens to keep order. When the economy is rosy the commies can put away their guns, when the shit hits the fan you'll see that the friends of chairman Mao are still alive and well.

[futant]

Sent from my bunker using tinfoil-talk!

lmao , i so wish i could put that on my mobile but i work telecomm and just somehow..... im sure i would get in trouble for its.
fuck it, im gonna do it anyway until someone bitches!

[bubbaearl]

china can not feed themselves. what farm land they have they have polluted so bad it will not produce. that is why they are buying farm land in africa.
the real estate bubble is about to burst now. along with inflation they are about to get a taste of it. even if they buy the whole town we can regulate their ass back to china.

the one thing they have always wanted was to find a way to get rid of us but not harm the country. china is a really shitty piece of land. rivers that are devoid of life . the 3 gorges damn has fucked the whole water system there. this drought will do them in. when people cant eat they get a little pissed off .

[ceyko]

Fuck that noise. Any politician that approves that should be strung up.

Why/how could the US stop it? We can't pick and chose when freedom is allowed, especially if they use some American as a proxy.

If my googling and math is correct that is around 32,000 acres they'd do that on.

Now, I'm not saying there are not a 1001 ways to make it a total pain in the ass for them - but we have to watch what we wish for...

It's like all the people who are FTP, except when it's something they want fixed they want to the police to do what they just bitched about 8 threads down.

[Slammy]

just read about this....WTF are they thinking......
This is crazy, fuck the damned chinese! I really wish this country would get this shit back how it used to be.

[Mr_Fiux]

time to start building my rifles...

[Denny]

See, China isn't that much better off:

http://www.oftwominds.com/blogjune11/wheels-fall-off-China6-11.html

[Cannonball996]

just another example of Americans selling out.

[FastFox]

They might be like Embassys or Indian Reservations.

[Hobie]

With all the outsourcing of manufacturing to China we've done over the last 20 years it seems as if we've outsourced some of our unemployment as well.

As the world economy crumbles many businesses that manufactured products in China have failed leaving giant factory after giant factory empty.

Cnbc (I think) made a special about China that showed some of this as well as some of their pollution.

About a year ago some chick I went to college with linked to some pics from China on her facebook that some journalist friend had taken. More abandoned warehouses than detroit and "rivers" made up of different colored sludge with dead birds stuck in it.

On another China related note, had another friend that visited and went to Tienanmen Square, she wanted to know where the guy that stood in front of the tank was. The Chinese person guiding the tour had no clue what she was talking about. It's crazy to think that most people in the modern world probably would recognize the image, but in a nation with state controlled media they have no idea the man ever existed.