Understanding China

The QE printing money always ends up in asset bubbles due to it being badly managed
Should be used for investing in your country, not speculative punts for a few that can see the writing on the wall.
The idea of home ownership as a fiscally responsible thing to do for young people is dropping away.
In Europe you can live in some unbelievable flats in fantastic locations where the rent as a rate of return for what the property is valued is almost nothing.
For millennial’s its all about the life not making your parents happy by buying a house but travel the world, not having the female partner stuck in the kitchen and cleaning for the family
Global population has leveled off, so we dont need to make any more land,
Will we need more homes in 20 years?
The sham of capitalism is based on the premise of continual inflation/growth so debt goes away, not on continual productivity and wealth creation.
If you think property creates wealth for nations have a look at Japan and soon to be China

Interesting observation about the phone focussed generation and failed expectations.

This is clearly a result of too much growth too soon killing the establishment of a self-sustaining middle class forming the backbone of the economy. Saudi ARabia faces exactly the same issue but is in a precarius position.

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China will own Sri Lanka sooner or later:

https://www.dredgingtoday.com/2019/01/15/colombo-port-city-land-reclamation-project-complete/

European countries “fighting” to be included in China’s BRI?


Andrew Wheeler is an expert on China’s BRI and not prone to “feeling” and “believing” over substance and facts on the matter.

Andrew forgot to mention this



thats why China is there

There was very little exchange of “culture” in the old Silk Road and the new one will be at the behest of the the powerful- China. We had our turn and you guys did pretty well in Dublin.

George Soros has come out against Xi, probably very prescient:

Also at WEF in Davos; China Has Arrived (??):

China is cleaning up their cities:

if they can get rid of plastic waste then that will be something to praise them for

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At least they are making an effort.

This is a China I don’t understand:


Such wast of food in a country where “have you eaten full” is a greeting is disgusting. (Or in any other country for that matter)

The US made an effort. We shipped our plastic waste to China until recently. :rofl:

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Not only plastic waste but with a bit of “additives”, which made China eventually put a stop to it.
Now Malaysia may be doing the same, unless the greed and profit get priority over environmental problems :

Australia also got in trouble with contaminated waste shipped to China so now OZ has a waste problem they need to deal with.
China needs to work on Nuclear waste, whoever cracks that will get rich

World’s Northernmost Chinatown is “established” in Kirkenes, Norway to attract Chinese business as they are expanding their presence in the Arctic:


How long before the Trump administration start sanctioning Kirknes is anybody’s guess.

Beware of the Chinese bringing presents!

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Maybe the people in Kirkenes is less paranoid about the Chines and more worried about being left with no replacement for the iron ore mine that is shutting down?

They are nearest neighbour to Russia and are already heavily dependent on Russian business. Street signs are already in both Norwegian and Russian due to heavy traffic of Russians crossing the boarder for shopping.

Maybe they just want to have more than one option?

yes they are wise to be careful of the BRI, Bankrupt and Repossess Ideal

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There is a difference between presence and presents. The old expression beware of Greeks bearing gifts was a reference to the Trojan horse at Troy.