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(Bloomberg)   China's economy is slowly deflating like a flan in a cupboard. This is great news for the 12 remaining US factory jobs   (bloomberg.com) divider line 24
    More: Obvious, MSCI Asia Pacific Index, index futures, Hang Seng, u.s. cents, New Zealand dollar, zinc, supply-side, Asians  
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1982 clicks; posted to Business » on 23 Mar 2012 at 12:47 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-03-23 10:46:54 AM  
So, much like the Austro-Hungarian Empire?
 
2012-03-23 11:43:49 AM  
I think it'd be a mixed blessing if China's economy really tanked. Where would we get our cheap plastic crap, if not from China?
 
2012-03-23 12:02:28 PM  

Cythraul: I think it'd be a mixed blessing if China's economy really tanked. Where would we get our cheap plastic crap, if not from China?


America? I mean it's not impossible. It's just unlikely. Brazil probably.
 
2012-03-23 12:07:33 PM  

Elandriel: Cythraul: I think it'd be a mixed blessing if China's economy really tanked. Where would we get our cheap plastic crap, if not from China?

America? I mean it's not impossible. It's just unlikely. Brazil probably.


The companies who make the cheap plastic crap would claim that due to Americans wanting more in wadge than the Chinese that they'd have to increase the price, thereby making the cheap plastic crap, no longer cheap.
 
2012-03-23 12:21:54 PM  
If China's economy is going tits up then it's not really a valid argument since some money is better than no money, or whatever.
 
2012-03-23 12:55:12 PM  
"This is great news for the 12 remaining US factory jobs"

I know subby is being subby - but most people don't realize that the USA is still the world's manufacturing powerhouse, and output has been rapidly rising since 2009 (not included on the chart). China is closing in, but their rate of growth is likely not sustainable.
www.futureofuschinatrade.com
 
2012-03-23 12:59:10 PM  

Cythraul: I think it'd be a mixed blessing if China's economy really tanked. Where would we get our cheap plastic crap, if not from China?


Hopefully Mexico, they are a better trading partner.
 
2012-03-23 01:00:06 PM  

Cythraul: I think it'd be a mixed blessing if China's economy really tanked. Where would we get our cheap plastic crap, if not from China?


If China's economy faltered, that cheap plastic crap would be even cheaper, wouldn't it? Their exports would go up, imports would go down, right? So we'd get more cheap plastic crap and GM would lose one of its biggest new markets.


/not an economist, but I believe this is how it works
 
2012-03-23 01:01:55 PM  

Cythraul: Elandriel: Cythraul: I think it'd be a mixed blessing if China's economy really tanked. Where would we get our cheap plastic crap, if not from China?

America? I mean it's not impossible. It's just unlikely. Brazil probably.

The companies who make the cheap plastic crap would claim that due to Americans wanting more in wadge than the Chinese that they'd have to increase the price, thereby making the cheap plastic crap, no longer cheap.


I knew going to a wadge-based economy was a mistake.
 
2012-03-23 01:02:31 PM  
It's not the Chinese economy that bothers me. It's the Chinese political structure I'm worried about. The party is about to transition to new leadership. And there are rumblings from underneath.
 
2012-03-23 01:22:13 PM  

trivial use of my dark powers: Cythraul: Elandriel: Cythraul: I think it'd be a mixed blessing if China's economy really tanked. Where would we get our cheap plastic crap, if not from China?

America? I mean it's not impossible. It's just unlikely. Brazil probably.

The companies who make the cheap plastic crap would claim that due to Americans wanting more in wadge than the Chinese that they'd have to increase the price, thereby making the cheap plastic crap, no longer cheap.

I knew going to a wadge-based economy was a mistake.


I had a job once where the employer tried to pay me in wadge. I had to get the Labor Board after him.
 
2012-03-23 01:44:41 PM  

jso2897: trivial use of my dark powers: Cythraul: Elandriel: Cythraul: I think it'd be a mixed blessing if China's economy really tanked. Where would we get our cheap plastic crap, if not from China?

America? I mean it's not impossible. It's just unlikely. Brazil probably.

The companies who make the cheap plastic crap would claim that due to Americans wanting more in wadge than the Chinese that they'd have to increase the price, thereby making the cheap plastic crap, no longer cheap.

I knew going to a wadge-based economy was a mistake.

I had a job once where the employer tried to pay me in wadge. I had to get the Labor Board after him.


I have a question. How you trade wadges for money?
 
2012-03-23 01:59:32 PM  
What do you do with 1.2 billion hungry disgruntled and restless peasants? Prolly just start a war somewhere.
 
2012-03-23 03:11:43 PM  
"China's economy is slowly deflating like a flan in a cupboard."

Subby doesn't cook.
 
2012-03-23 03:41:46 PM  

Quickmatch


"China's economy is slowly deflating like a flan in a cupboard."

Subby doesn't cook.


Quickmatch isn't familiar with Eddie Izzard's material.
 
2012-03-23 03:50:39 PM  
Eddie Izzard doesn't cook.



/Never been an Eddie Izzard fan...I was thrown off by the whole cross-dressing thing.
 
2012-03-23 04:31:49 PM  
007 hit it. Consider China has five times as many people as we do and they are still behind us in total manufacturing.
 
2012-03-23 04:46:53 PM  
Without permanent economic growth the CCP can't remain in power.

The bad news is plan B: Start a nationalistic war to mollify popular unrest.

They'll be invading Taiwan within a decade.
 
2012-03-23 06:46:30 PM  
When the American middle class ain't got no mo money, ain't nobody gots no mo money, dawg.
 
2012-03-23 07:38:19 PM  
China's economy is all on paper, building cities where no one lives to inflate your

Englebert Slaptyback: Quickmatch

"China's economy is slowly deflating like a flan in a cupboard."

Subby doesn't cook.


Quickmatch isn't familiar with Eddie Izzard's material.


DOH!
 
2012-03-23 08:20:34 PM  

MrSteve007: "This is great news for the 12 remaining US factory jobs"

I know subby is being subby - but most people don't realize that the USA is still the world's manufacturing powerhouse, and output has been rapidly rising since 2009 (not included on the chart). China is closing in, but their rate of growth is likely not sustainable.
[www.futureofuschinatrade.com image 640x413]


Actually, Germany leads in manufacturing...not the USA or Communist China

So, a nation w 85 million people and a whole lot less land area is ahead of the USA and Communist China...and Germany has pretty nice labor laws

Kinda kills a lot of the bad economic theory pushed by Globalists and Free Traders. And, they have no explanation why Communist Chinese economy is slipping...well at least no explanation based on any facts
 
2012-03-24 12:40:13 AM  
A chinese worker is employed to build infrastructure no one is using. The worker saves 30-40% of his income and puts it in china's nationally owned banks. The banks loans the money out with negative interest as an investment to another Chinese national company to hire workers to build another piece of infrastructure that might one day be needed. Those workers take their pay and saves it in the bank of China. This money gets invested (at negative interest rates) again to hire yet more workers to build another infrastructure project that may one day be needed... The process goes on and on.... until people want their money out of the banks, and the banks find themselves with a bunch of loans that cannot be repaid.
 
2012-03-24 01:36:29 AM  

UCFRoadWarrior: And, they have no explanation why Communist Chinese economy is slipping...well at least no explanation based on any facts


I'll take a shot in the dark. It was all a speculator-driven bubble. There are litterly entire cities in China that are unoccupied because people can't afford them.

Seriously take a look at some of the pics of these cities, they'll remind you of all the subdivisions in Orlando and the rest of Florida that still sit empty because no one can/will buy them.

First it happened in Arizona/California/Florida/Nevada, then Dubai in the Middle East, Abu Dhabi is rumored to be in trouble to and now China.

Can we ever learn from our past mistakes?
 
2012-03-24 10:28:26 PM  

Englebert Slaptyback: Quickmatch

"China's economy is slowly deflating like a flan in a cupboard."

Subby doesn't cook.


Quickmatch isn't familiar with Eddie Izzard's material.


Neither am I. Why the hell would you put an egg custard in the cupboard, it need to be refrigerated! Food safety is no laughing matter people, improperly stored egg dishes account for over two hundred thousand deaths a day*, that's more then lead filled produces from China which is slowly killing their industry along with any users.

*facts maybe exaggerated or blatantly made up for entertainment value, you know like politics.
 
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