2016 Postmortem
Related: About this forumTHE ROVING EYE: China takes over Bryce Canyon (Nevada)
http://atimes.com/atimes/China/NJ30Ad01.html
THE ROVING EYE: China takes over Bryce Canyon
By Pepe Escobar
Oct 30, 2012
~snip~
And talk about Nevada depression - one of the states that most suffered the effects of the mortgage crisis. As for the "recovery", it is so bad that many believe sales of the iPhone 5 - which is essentially a glorified camera loaded with apps - might spur a leap-from-behind for the American GDP.
~snip~
And then, inexorably, I saw it: the Chinese, not the American dream, meticulously scrutinizing the hoodoos at the Claron Formation. I couldn't help noticing that distinct Cantonese accent. The dialogue was inevitable. "Guangzhou?" Answer: "Guangzhou. And you?" Answer: Hong Kong. We are neighbors.
Thus I learned from the Lady of Canton this was a full expedition, local government sanctioned, packed with a few notables and loaded with the best photo equipment available anywhere, including a fabulous made-in-Shanghai Shen Hao HZX-45 II A plate camera - a photographic chamber that impresses negatives on a glass plate. They had been camping there since 5:30 am waiting for the sunrise.
So here was a graphic answer to Mitt's proposed trade/currency war against China starting on day one of his possible presidency. The Chinese are cheating. They are going to take over Bryce Canyon, then Utah, then the rest, and we have to fight them. Of course what they're doing is completely different. While the West is fixated on anything vintage - at least those relatively few Westerners who can afford it - China is recuperating Western manufacturing excellence to eventually sell it back to the West.
formercia
(18,479 posts)What's wrong with this picture.
Mitt says it's just good Business.
Angry Dragon
(36,693 posts)that would be interesting
lalalu
(1,663 posts)Remember when Japan was going to take over America and the world? Just like Japan the Chinese are using the myth of their might to buy as much as they can before they collapse. China is burdened with warehouses filled with unsold goods and social unrest.
On another note I can tell you that the Chinese have an innovation problem. They are good at mass production because they have so many people and space but they are lousy at creativity. It is why they spend so much time stealing and counterfeiting.
Many companies are learning this and feeling great frustration. It is why you are seeing a push in the west to educate and recruit more young people. Outsourcing and the global economy have affected creativity. Worker ants are just worker ants and seldom think outside the box.