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29-07-2013, 10:05 AM | #1 | |||
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http://www.bbc.co.uk/news/world-asia-23448722
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29-07-2013, 10:50 AM | #2 | |||
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We are Customers of China.
All parts for Industry are from China Life In The Fast Lane Last edited by arista; 29-07-2013 at 10:57 AM. |
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29-07-2013, 11:14 AM | #3 | |||
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Likes cars that go boom
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I know that the premise is it's the protect children and entrap predators, but I'm wary .... The tories rarely do anything for the greater good.
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29-07-2013, 11:16 AM | #4 | |||
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I don't think of David Cameron as a strong leader, I think he's a bumbling fool haphazardly trying to keep plates spinning and hasn't been able to do anything useful in his time in office (or perhaps isn't capable of it)
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29-07-2013, 11:32 AM | #5 | |||
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29-07-2013, 11:40 AM | #6 | |||
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Z
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29-07-2013, 11:41 AM | #7 | |||
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Likes cars that go boom
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He seems to be making as many changes as he can, as quickly as he possibly can....
The most telling for me was the reduction in the return for the feed-in tariff on solar panels, that would have loosened the stranglehold the energy companies have, though seemingly nobody cottoned on and he got away with that scott free. The worrying thing is my guess is all the changes he is making are not for the benefit of the voters but investors, cash for questions, U turns, and changes in employment laws. What is his true intention?
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29-07-2013, 11:56 AM | #8 | ||
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29-07-2013, 12:08 PM | #9 | |||
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Having lived in China for several years ( teaching) I am convinced that like so much in China, it's "economic strength" is a facade.
The cracks have been showing for several years, but if you've been paying attention, you'll have noticed a barely concealed panic in China's Communist Party this year. When the smoke & mirrors fail and it's economy collapses, it WON'T be like Japan in the 90's. Japan was a stable and developed democracy when it's economy ground to a halt. Japan could survive 20 years of economic stagnation because of this. China on the other hand, is still essentially a 3rd World (75% of its population still live in rural poverty) one party system. This leaves it far more vulnerable to political collapse and social chaos. I'm afraid this is going to happen within the next decade. |
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29-07-2013, 12:18 PM | #10 | |||
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Japan's Pioneer Electronics , for example,moved out of china to other nations near it, same HiTech factory. |
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29-07-2013, 12:22 PM | #11 | ||
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China is in no way heading for a crash, and if by some miracle they do, then the impact on the west will be far in excess of anything they suffer. At some point in the distant future China will recalibrate as the work force (over generations) begins to claw some power back, but this is a long process. |
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29-07-2013, 03:50 PM | #12 | |||
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Thought it was an interesting article at any rate and it provides more information than the usual panic-about-China pieces that appear from time to time.
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29-07-2013, 04:40 PM | #13 | |||
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Likes cars that go boom
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Manufacturing is coming back, reshoring is the new offshoring.
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29-07-2013, 05:41 PM | #14 | |||
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They are an economic friend. !!!!
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