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Mr Blek

China The Booming Economy

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China has just 7% of the world's arible land. China has too many mouths, if it moves they eat it.

That valuable land is alarmingly shrinking through pollution of its irrigration systems.

In China democratic enviromental groups are regarded as organisations glorifiying terrorism.

Its barely possible to breathe the air in many cities.

I have been following China, but the I am thinking the 9% rate of growth in China is now inflationary, destructive growth - there are few checks and balances as we have in the west.

China is rapidly running in to huge constraints in terms of energy, power and raw material prices. In many well managed companies huge rises in costs such as energy are simply not allowed to go through the supply chain by government decree. The constraints of supply and demand responding to price are being ignored. There have been collapsing profits and a explosion in debt accumulated by these enterprises to try to cope.

To keep things moving against constraints, more money printed from the BOC may be the next step taken.

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I have been following China, but the I am thinking the 9% rate of growth in China is now inflationary, destructive growth - there are few checks and balances as we have in the west.

They nipped their real estate boom in the bud by squashing the speculators. Now they can carry on as before sucking the economic pips out of the US and everybody elses' melon.

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Powerful stuff

1.5 billion today.

what will it be in a decade or two?

wait till peak oil kicks in.

how are they going to feed them all?

What about when the west can no longer afford their goods?

Of course that won't affect their economy. Yeah right!

China might laugh now, but i don't fancy being there when TSHTF.

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Powerful stuff

1.5 billion today.

what will it be in a decade or two?

wait till peak oil kicks in.

how are they going to feed them all?

What about when the west can no longer afford their goods?

Of course that won't affect their economy. Yeah right!

China might laugh now, but i don't fancy being there when TSHTF.

I think they have strict family planning policy.

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Powerful stuff

1.5 billion today.

what will it be in a decade or two?

wait till peak oil kicks in.

how are they going to feed them all?

What about when the west can no longer afford their goods?

Of course that won't affect their economy. Yeah right!

China might laugh now, but i don't fancy being there when TSHTF.

too many people on the earth and it's as simple as that !

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Guest Bart of Darkness

too many people on the earth and it's as simple as that !

Turn a third of 'em into Solyent Green.

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Soylent Green was the film of Harry Harrison's novel "Make Room! Make Room!".

It's worth a read, because it extrapolates today's trend of people having ever smaller accommodation into the future. It is really oppressive picturing all these people cramped into ever smaller rooms, which are then divided and sub-divided so that all privacy is lost.

When you read about the 'affordable' £60K houses Prescott proposes one wonders if he had been reading the novel...

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I think they have strict family planning policy.

They've had that for at least a decade now and the population is still increasing.

It's only going to get worse. There and for the rest of the world.

There's too many people on this lifeboat and it's going to sink.

I found an article which talks about food security in China.

http://www.new-agri.co.uk/05-4/focuson/focuson6.html

I'm pretty bemused at why out govt is funding research on food security in China, when the Chinese can afford to lend the US billions of dollars a year. Bizarre.

Edited by Allthatglitters

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I get a daily email from www.moneycorp.co.uk, with a comment about currencies - worth signing up to. Today the daily email said the following:

'Interestingly I met some chaps in the rag trade yesterday who have already turned their backs on Chinese suppliers for being too expensive. Maybe, China is not that far away from an inflationary period, led by consumer demand, followed by an extreme economic downturn sometime in 2008/2009.'

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  • 337 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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