Offline Action80

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China and ownership
« on: October 25, 2021, 11:07:28 AM »
How long do you expect to survive in a world where China owns not only the methods of production but also the means of supply and delivery?
To be honest I am getting pretty bored of this place.

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Offline Lord Dave

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Re: China and ownership
« Reply #1 on: October 25, 2021, 04:06:08 PM »
How long do you expect to survive in a world where China owns not only the methods of production but also the means of supply and delivery?
Ask Pepsi.  China is a hybrid economy where some companies have autonomy and private ownership.

Or look at statistics on life expectancy, if thats your question.
If you are going to DebOOonK an expert then you have to at least provide a source with credentials of equal or greater relevance. Even then, it merely shows that some experts disagree with each other.

Re: China and ownership
« Reply #2 on: December 10, 2021, 05:53:41 PM »
How long do you expect to survive in a world where China owns not only the methods of production but also the means of supply and delivery?

You believe that this may occur soon why?

I know that China’s 14th five-year self-sufficiency plan that runs from 2021 through 2025 is underway,
but what does that mean in actual empirical terms?  When you look at the date, China imports crude
petroleum ($204b), integrated circuits ($123b), iron ore ($83.1b), petroleum gas ($47.8b), and cars ($43.1b),
importing mostly from South Korea ($136b), Japan ($128B), Australia ($111b), Germany ($107b), and
the United States ($103b).     And, maybe surprisingly, China imports six million tonnes of rice annually.

Are those needs gonna be gone in a mere 5 years, or 10 years, or even 25 years?