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Global Commodities Deflating Rapidly
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Originally posted by errolanderson View PostChinese junk is not in China’s 2025 Master Plan . . .they plan to be a high end global technological supplier. India wil also come up the ranks quickly over the next decade in technology. They have a youthful, highly educated population. North America and Europe have heavy competition on-the-horizon.
We are witnessing a global power re-balancing that may take years in-the-making, but unstoppable (IMO).
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No doubt that China is into very high tech and is in a position to run the show
But most of what they ship to NA now and the past decade has been cheap junk . But that’s what we wanted ... wal Mart and cheap parts .
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China is a total fake economy. 90% of what they produce is land fill bound consumer junk. Every wonder why there are german and japanese and US vehicles but no chinese ones? Yeah that. Nobody would every buy anything from them that requires qualitu. Farm equip still all made here. Airplanes etc. Their high-rises are falling apart just yrs after they are built.
Big L, dont worry about the missles any more. US just sucessfully tested in air laser beam weapons. Those hypersonics wont stand a chance anymore. US is leaps and bounds beyond them and its going to stay that way.
As for china trade, that needs a reset. Sure I miss $11 canola but not at the expense of them spying on us, letting their tech into our architecture and messing around in the arctic. Good thing we have the US watching our back because Canada is a weak pathetic player that is ripe to have its bones picked by a country like China.Last edited by jazz; May 7, 2019, 05:51.
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Deflating rapidly?????
Really....back in the 70s wheat was worth 6 bucks a bushel and you could buy a combine for 40 thousand....
where are we at today ....6.50 and a combine is approaching 750,000 with a header....or more...
I don't think it happened rapidly ....I think its a frog in a pot of water.....it just gets use to being hotter..
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Originally posted by furrowtickler View PostBut it’s ok for Eastern Canada to buy oil from Saudi Arabia that chops heads off its citizens, hates gays and treats camels 🫠better than women....un fukin believable .
A similar situation occurs with beef imports/exports to the US. Geographically and population wise it makes sense that most beef is exported from the Alberta plants to the western US while we suck in imports in Eastern Canada from the US. Are we for open trade or not? Where do you draw the line on government intervention in the market place?
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The new trade paradigms are being written right now. Anybody that thinks its business as usual has their head in the sand.
Yesterday the US warned canada about our unprotected arctic. These shipping routes over the polar region are 30% cheaper than around the center of the globe. Both the US and China and Russia are staking claims to this region. China is making deals with Russia for resources and probably northern shipping access. Its only natural the US comes to canada for the same thing. Those are the two economic blocs shaping up for the future. Good chances that we will eventually be sending all our goods to the US. We are 80% right now.
IMO this is all good news. We should be under the US wing when this all shakes out. We will be a huge benefactor. The US will protect our space because we have weak eastern leadership. Our resources have a friendly home and we get to integrate into a top economy.
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Originally posted by jazz View PostChina is a total fake economy. 90% of what they produce is land fill bound consumer junk. Every wonder why there are german and japanese and US vehicles but no chinese ones? Yeah that. Nobody would every buy anything from them that requires qualitu. Farm equip still all made here. Airplanes etc. Their high-rises are falling apart just yrs after they are built.
Big L, dont worry about the missles any more. US just sucessfully tested in air laser beam weapons. Those hypersonics wont stand a chance anymore. US is leaps and bounds beyond them and its going to stay that way.
As for china trade, that needs a reset. Sure I miss $11 canola but not at the expense of them spying on us, letting their tech into our architecture and messing around in the arctic. Good thing we have the US watching our back because Canada is a weak pathetic player that is ripe to have its bones picked by a country like China.
Ummm...
Geely owns Volvo.
China has some very large car brands like BAIC, and Geely and they export them all over the world - just not NA.
China's heavy industries builds trains that run through Africa Asia and south America. Argentinas entire belgrano line is Chinese locomotives and rail cars.
China builds more high speed train systems than anyone else in the world.
Tall those screens in your tractors? They are made in China. The software that runs on them is programmed in India.
Remember our CANDU reactor technology? Yeah China bought that, but they already have molten salt reactors so there's that... And they have the largest artificial sun (fusion reactor) in the world.
Just because all you see is Chinese stuff in Walmart and Dollarama doesn't mean that's all they make.
The fact that the demand for cheap throw-away junk is as big as it is here in NA is a testament to the sloth of the people here. China is simply filling a void.
The USA is in a power shift. They are no longer an unrivaled super power economically, politically or militarily.
On top of that, for the first time in our Canadian history we aren't closely tied to a super power.
Canada was always protected - first by France and the UK and when their influences waned, we became super close to the USA.
Today, all three global powers hate us and ignore us... It is time for us to stand on our own two feet and I don't think we can.
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Originally posted by errolanderson View Postjazz . . . Don’t count on it. China has time on their side, Trump doesn’t. There is no quick ‘let’s sign a deal’ anytime soon.
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