Putty Posted May 29, 2012 Report Share Posted May 29, 2012 Brian Carter is doing his part to help China. http://i104.photobucket.com/albums/m165/Jduffey/554269_643672573389_569300399_n.jpg What the hell is going on here?? Quote Link to comment Share on other sites More sharing options...
wagner Posted July 12, 2012 Author Report Share Posted July 12, 2012 Looks like that whole central planning thing might not be working so well... http://finance.yahoo.com/news/china-5-apocalypses-signal-global-065404906.html Quote Link to comment Share on other sites More sharing options...
Green Bastard Posted July 12, 2012 Report Share Posted July 12, 2012 with only having read the article on the op, if china's economy colapses (government funding running out, though it may not happen), then I could see china asking the US for what we owe them. kinda makes me wonder if they would go as far as war if we can't pay it in the time frame they want us to (provided this scenario happens). Quote Link to comment Share on other sites More sharing options...
2pointslow Posted July 12, 2012 Report Share Posted July 12, 2012 We gon get raped Quote Link to comment Share on other sites More sharing options...
wagner Posted July 12, 2012 Author Report Share Posted July 12, 2012 with only having read the article on the op, if china's economy colapses (government funding running out, though it may not happen), then I could see china asking the US for what we owe them. kinda makes me wonder if they would go as far as war if we can't pay it in the time frame they want us to (provided this scenario happens). U.S. would reply with middle finger that has an IOU taped to it, cuz we broke as a joke... Quote Link to comment Share on other sites More sharing options...
zeitgeist57 Posted July 12, 2012 Report Share Posted July 12, 2012 NPR, Bloomberg have been talking about this for weeks. It will be interesting to see their GDP figures later today... BRB, reallocating Chinese stock holdings (Baidu, Tencent)... Quote Link to comment Share on other sites More sharing options...
wagner Posted July 12, 2012 Author Report Share Posted July 12, 2012 NPR, Bloomberg have been talking about this for weeks. It will be interesting to see their GDP figures later today... BRB, reallocating Chinese stock holdings (Baidu, Tencent)... If they are bad the markets are going to tank a huge dump. It does not help that our own country is moving towards this policy/debt driven cliff because a bunch of people in DC refuse to do what is right. Quote Link to comment Share on other sites More sharing options...
AngryBMW Posted July 12, 2012 Report Share Posted July 12, 2012 I read a interesting article yesterday that pointed out that Obama has made the smallest in crease in spending of any president to date. http://www.politifact.com/truth-o-meter/article/2012/may/23/facebook-post-gets-it-right-about-obamas-record-sp/ Dumb. -Marc Quote Link to comment Share on other sites More sharing options...
smokinHawk1647545499 Posted July 12, 2012 Report Share Posted July 12, 2012 Dumb. -Marc fact debt was $9T when obama took office it is now $15.87T Quote Link to comment Share on other sites More sharing options...
wagner Posted July 18, 2012 Author Report Share Posted July 18, 2012 Hmmmm http://finance.yahoo.com/news/firms-opt-bring-manufacturing-back-030900792.html Quote Link to comment Share on other sites More sharing options...
Ramsey Posted July 18, 2012 Report Share Posted July 18, 2012 Watching 80's movies in 2012 is a surefire way to ruin your childhood memories. (I watched it a couple years ago, it's awful) Ghostbusters was great, even during the rewatch. Quote Link to comment Share on other sites More sharing options...
zeitgeist57 Posted July 18, 2012 Report Share Posted July 18, 2012 Hmmmm http://finance.yahoo.com/news/firms-opt-bring-manufacturing-back-030900792.html Two categories I hear A LOT in my line of business (international banking): "Back-shoring" - bringing manufacturing back to the U.S. "Half-Shoring" - bringing Asian manufacturing not to U.S., but Mexico/Canada/Latin America. Yesterday, I had a business lunch with a prospect company in Akron who is looking to bring manufacturing to Mexico. 8 years ago when they started a manufacturing JV with a company in China, it was 3 times more expensive to manufacture subassemblies in their shop in Mexico. As of last fall (when gas was even higher), their internal analysis showed that - through increased labor/resource cost in China, time to ship, increase in shipping costs/insurance, etc - it's now only 20% more expensive in Mexico over China. Also, what do Chinese businesses want to invest in? Made in America. I have another client that receives sub-assemblies from their suppliers in China...reassembles with enough content in the U.S. to qualify for the 51% export credit...and ships/sells it back to the Chinese market because of the mark-up they can charge for it being USA-built!!! Barney approves. http://2.bp.blogspot.com/-S9bauq390Mk/T7IKyKUH0dI/AAAAAAAAAPM/9V3C8YtAP04/s1600/Misc-true-story-realistic-l.png Quote Link to comment Share on other sites More sharing options...
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