I remember seeing stuff like this a few years ago. Seems like it is still going on. What is going to happen when China's economy collapses?
My father did business off and on in China for about 30 years. The horror stories he's told me about that place boggles the mind. It doesn't surprise me one bit that there are ghost cities there.
maybe a good time to initiate a trade war? might be good tactics depending on what the overall strategy is. it is unfortunate that china holds a great deal of American debt in bonds and investments is US manufacturing capacity there. unfortunately bursting bubbles always seem to be simply another opportunity for further consolidation of wealth. many American companies are leveraged unsustainably if credit markets tighten and get more expensive.
Personally, I think that the moment they end the current government-controlled economy and open up Free Market Capitalism, things will get MUCH better. But that would require them effectively ending Communism completely, and that's likely not going to happen. Though it certainly should.
Too bad too. You could destroy one of those already falling down cities with a Ford F150 and some cables.
I believe you. Also, I do think they cheat when selling to and buying from the United States. I just think Trump ought to do more negotiating. Why do I think that? Because that's what virtually all the experts say.
I don't even pretend to understand how the world economy works and how it is supposed to continue on the current path. I couldn't wrap my head around how much unnecessary foreign aid we hand out until I read that we do it to keep people using our currency. I can't imagine why people would invest in building empty deathtrap skyscrapers but they do.
Some subjects are too complex for us to properly grasp. That's when I turn to experts. How do I pick the experts? Several ways. 1. Does what they say sound or look plausible; i.e. does it pass the smell test. 2. What are their academic achievements. 3. Do they have any recognized accolades in professional societies. 4. What do notable news organizations have to say about them. 5. Do they represent a notable organization; e.g. NASA, NOAA, WHO, the CDC, H.P, Intel and so on.
My nephew-in-law quit his job as executive V.P. of the largest consulting engineering company in the world, CH2MHill, to start up a company in Shanghai. He lost everything. Not the cleanest business people in the world, to say the least. I try not to buy anything Chinese except the occasional very rarely Tsing Tao beer. Had a lot of mainland Chinese students study Computer Science with me at Portland State. They absolutely refused to discuss their government. Had a lot of Iranian students study engineering with me at Oregon State in the early 70s. They only spoke of the Shah in a hushed tone while leaning over the table. That's when I knew something was amiss. There were quite a few Indians and Pakistanis in my physics classes at Oregon State. I can only guess what branch of physics they continued to study and it wasn't astronomy.
While there are a lot of "ghost cities" the reason being isn't nearly as bad as the western media portrays it. Often times, due to the huge population centers, the city government builds the new city centers/urban areas first - essentially they build the entire infrastructure first in a new area, so it appears it is a "ghost city." People buy up the property and then slowly move into the new area - it often takes several years for people to start moving into those areas. Not everything is meets the eye.
No shit! My father lasted about 2 years with the last company he was at prior to his current one, and he was a Vice President of Marketing for the Americas. They were a Chinese company, B&P Automation Inc, and the last straw was the CEO screwing him out of a $40,000 sign on bonus that he was promised. Now my old man is the Director of Business Developement for Sanmina, and making bank. Much happier, and just bought an Aston Martin in February. Planning to retire in the next few years, if things go right. Sorry to hear about your NIL. According to Pops, the Chinese business culture actually encourages people to screw one-another over at all levels, and they are ruthless at it. I hope he lands back on his feet.
The Aston Martin is my dream car. Edit: I'm going to settle for Volvo S60 when the new ones come out in December. That is, if the Trump tariffs don't raise prices too much.
It's a beauty. I have more pictures, but I'm too lazy to upload them. So here's a short video from Cars & Coffee that we went to a few weeks ago: It's in the shop right now having the pistons that operate the roof replaced while my father is on business in California. But once it's fixed, we plan to go driving on the roads around Washougal and Amboy one day, and head back to C&C. I hear the Washougal River Road is quite a driving pleasure.
First, lets make a distintion here. There is a huuuuuggge difference between doing business with the Chinese in China, and the Chinese in Taiwan. They are polar opposites. China is very corrupt, same with Russia.. Taiwan, make a deal over a handshake, and they go out of their way to make sure they honor the agreement. A contract is only a necessary formality. I'm suprised there is not any talk about Japan. They have been screwing us for decades. The minute they have a signed contract, they try to find loopholes to screw you.
You're mean. I'm drooling. Gorgeous car. I've always fantasized my Aston Martin as being British Racing Green. Edit: My second Volvo was yellow. Loved that color and my car which drove and lasted excellent.
Thanks. I think it looks quite pretty under slightly shaded conditions, where the sunlight doesn't hit it directly. It allows the paint to really gleam. Like that picture of it in the garage. Can't go wrong with a Volvo. I personally like the 2000's R Design a lot. That low profile with the squared-off edges makes it look quite sharp.
