NorthOfNorth wrote on Dec 1^st, 2021 at 9:00am:


Er..seen on TV last night: "The $4 billion LaGuadia Airport upgrade in NY is first large scale development in the US for 25 years." 
Meanwhile:
"According to the World Economic Forum's Global Competitiveness Report, in 2019, the United States ranked thirteenth in the world [PDF] in a broad measure of infrastructure quality—down from fifth place in 2002.

In contrast, China poured more cement 2010-2013 than the US in the ENTIRE 20th century, and now has the world's longest high-speed rail network. 

Quote:


And now even Gemany's infrastructure is lagging:

https://www.bloomberg.com/news/articles/2021-10-31/blame-germany-s-red-tape-and-thrift-for-ailing-infrastructure

"Blame Red Tape for Germany’s Ailing Infrastructure
"Germany needs to start spending to make up for years of underinvestment, and there’s a ton of money on the table if political parties agree on terms to form a new government.

IF they agree....nah,  adversarial politics is all about greed, not sustainable development to achieve common prosperity.

Hence those street scenes from Philadelphia....

Quote:


Your blind ideology has rendered you incapable of rational debate. The 'Great Leap Forward' - over half a century ago -  is recognized by the CCP today as a major mistake.

And it is likely China will have the world's only operating space station, when the ISS closes down in 5 years time. 

But unlike the gridlocked system in the US with its adversarial 2 party hyper-partisan rabble, where Repubs don't want to spend public money, China in the last 4 decades has been relentlessly implementing its 5-year development plans on target, showing the advantage of a consensus one-party meritocracy.

Quote:


That "train wreck" occurred 60 years ago.

Moving forward to now, we can certainly look in horror at the divided Dems in the US congress  who, despite controlling  the presidency, house and senate,  have seen spending plans cut back from $8 trillion  to $1 trillion.

Jasin wrote on Dec 1^st, 2021 at 10:26am:


Like when people say muslims are discriminated against.

Most Muslims countries are ninety something % Muslim.

thegreatdivide wrote on Dec 1^st, 2021 at 10:22am:

How's the property industry under the Chinese cartel? Any sight of the tunnel's end for Evergrande?

I have seen some of the 'cement' poured in China... Cut with mashed cardboard to extend it (usually to counter the massive bribery paid to cartel officials).

I've read how the provinces 'meet' their '5-year' development plans 'targets'.

The Chinese cartel does not run on meritocracy.

NorthOfNorth wrote on Dec 1^st, 2021 at 10:40am:


Notice how the blind ideologue cherry picks the points to which he will reply.   

Quote:


One thing for sure, Evergrande will not bring down the entire global economy, as the sick US system did in the GFC. The CCP will deal with Evergrande's debt problem,  because the CCP is not beholden to greedy "invisible hand" markets like the US is.  (Although the US government was forced to prop up its own economy when Lehman went bust...)

Quote:


Yet those numerous sky-scapers - built with "cardboard" cement in many  Chinese cities - appear to be holding up as well as those in the US. (careful how you reply... remember the Florida condominium...)

Quote:


You have? Good. Then you will know the plans are invariably implemented. especially in R&D.   

Quote:


The most able politicians advised by the smartest people?

Compared to film stars advised by the greediest people...in the US plutocracy...

From a SCMP article today (SCMP is anti CCP media based in HK):
Chinese graduates lament Western degrees no longer a fast track for top jobs

“International students are always treated like cash cows, unfortunately,” he said. “Western universities rely a lot on the fees that overseas students pay for their income, but some don’t provide the kind of service that is of equal value.
Graduates like Chen and Wu said ultimately they felt more comfortable in China, something that influenced their decision to return.
“I prefer China’s living conditions and environment, people are friendlier to me and easier to deal with,” Chen said

thegreatdivide wrote on Dec 1^st, 2021 at 11:48am:

And it's not just those buildings that collapse... Internally, walls dissolve or holes can easily be scratched into the walls, floors collapse due to poor quality steel used to reinforce them. Skirting boards around doors and floors fall off as they are kept in place by weak glue. Not to mention the massive electrical systems within and without each unit.

Yes, 5-year plans are the 'goals' of the cartel. Provincial governments are collectively tasked with achieving them. That's when the bullshit begins. Provincial cartel mobsters nearly always report 'success'. If they don't, they're replaced by others who will report 'success'.

Desmond Shum's account of boardroom antics is an insight into the highest value the cartel places on loyalty even over competency.

Anyway, while the cartel is paying through the nose for Australian products they were unable to sanction, or paying triple for Australian products through third parties, we're all good...

The Chinese people will need to wait for the full coming confrontation with the cartel and the world before they will be liberated from the world's last major cartel mob.

Lol, iron ore hasnt "halved " in price. Its gone down 23 percent in the last year, the previous year it went up by 150 percent. Now its on the way back up , over $100 a tonne, Chinas in a no win situation due to XIs temper tantrum. Chinas economic growth is directly tied to the price of iron ore, if they want the economy to keep growing that will push up the price. A smart leader would have negotiated with Australia for a fixed price. A stupid leader would irritate the country which feeds and provides the resources for continued  economic growth. Lets talk about the price of beef too, he thought, ok we dont need Aussie beef, we will buy it from countries like Argentina, turns out demand was so high from China the Argies sold them a lot of their breeding cattle, so basically they oversold causing a shorage and now the price is also at record highs. Stupid continual emotionally based decisions by Chinas leader, hes like a child who doesnt get his own way and does not care to think through any ramifications of his behaviour. And that is the problem with the one party totalitarian system, no media scrutiny of poor decisions, dissent not allowed, thats what you end up with. XI has set back China 20 years, hes advising his people to stock up on food for goodness sake, try and spin that one.

The Chinese cartel, whether it is run by the current mob boss, his faction, or another, will not learn from its gross miscalculation of attempting to destroy Australia's economy.

If the current mob boss is overthrown or assassinated, the next one will follow on with attempting to destroy Australia; and a change of government here would not make the difference.

If anything, the cartel may be more obsessed with destroying Australia by demanding humiliating displays of obeisance to it that will not result in benefits for Australia.

The cartel's greatest weakness excretes itself from the Chinese cultural value of 'saving face'; and as the cartel realises the impossibility of a successful invasion of Taiwan, it will focus on every petty bitch fight it has already got itself into (and will generate more) with regional nations. The point being, to shore up its faux sense of superiority and to prevent its loss of face with the Chinese people.