Miscellaneous News

Her inspiration was Thatcher. But she administered the UK for 45 days instead of 11 years.

sunnymaxi said:

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LAMOOOOOOO

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I saw a local solar panel installer advertising that they use "Quality, German Engineered Solar Panels"
I'm thinking, "Why would I want to buy Solar Panels from a country that is not known for them? If they were any good, then they wouldn't have pitiful market share!"

The helicopter deal cancelled despite down payment and training. The deal was signed before the sanctions.

Breadbox said:

The Germans will revoke rights to the port but keep the money for themselves as soon as the anglo give them a funny look, this is an extremely bad investment and that's assuming that the anglos do not sabotage it directly, Europeans are only as trustworthy as the anglos are willing to allow, which is to say, not at all.

This has happened many times before when China invested in Galileo and Motor Sich, it would be beyond foolish to invest in fixed assets in countries that have all the incentives in the world to rip you off.

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The thing is, such deals are generally meant to make it cheaper to move resources from the host country to China while moving goods in, and the currency used to ink the deal is almost always the worthless dollar.

So they're a way to transform something useless (dollar) into draining resources which consequently leads to real industrial improvement.

Even if the projects don't give China sovereign control over the areas, that's not the original intention anyways. It is a way to offload unreliable currency to countries who can't say no, with the end result being both US (they get critical goods from China) and China (they get resources to grow the industrial sector) winning, but the 3rd country ends up losing big time by having to sponsor Chinese industrial expansion in exchange for currency that isn't very useful.

Biscuits said:

The thing is, such deals are generally meant to make it cheaper to move resources from the host country to China while moving goods in, and the currency used to ink the deal is almost always the worthless dollar.

So they're a way to transform something useless (dollar) into draining resources which consequently leads to real industrial improvement.

Even if the projects don't give China sovereign control over the areas, that's not the original intention anyways. It is a way to offload unreliable currency to countries who can't say no, with the end result being both US (they get critical goods from China) and China (they get resources to grow the industrial sector) winning, but the 3rd country ends up losing big time by having to sponsor Chinese industrial expansion in exchange for currency that isn't very useful.

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These "useless" dollars are the ones that I said in earlier post that are vacated from the Chinese-ASEAN/Russian trades. And it is increasing, whoever accept them is doing a "favor" for China.

supersnoop said:

I saw a local solar panel installer advertising that they use "Quality, German Engineered Solar Panels"
I'm thinking, "Why would I want to buy Solar Panels from a country that is not known for them? If they were any good, then they wouldn't have pitiful market share!"

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They are probably talking about forced German tech transfers to Chinese solar panel makers.

I'II be back.

KYli said:

I'II be back.

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The bad, the worse and the ugly.