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.
The conviction will get overturned on appeal.

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?