China to Europe: You are just too damn lazy.

Heech, a perma China bull like Jim Rogers claims polution (why he doesnt goes and lives there) and water suply are the 2 biggest obstacles China faces today.

Would you agree and how is China doing handling them?

Cheers.
 
Quote from Debaser82:

Heech, a perma China bull like Jim Rogers claims polution (why he doesnt goes and lives there) and water suply are the 2 biggest obstacles China faces today.

Would you agree and how is China doing handling them?

Cheers.

By buying up Africa?
 
Quote from heech:

Not sure why you want to make this a personal fight. If you have a point, make it. If you don't have one, shut up.

I'll just throw a few points out there... even though, again, not my intention to make this discussion about ME.

First of all, I own a home in China, and I'm frequently there for work + pleasure. I am Chinese + born in China.

Second of all, I (currently) make much more in the US than I could for a comparable job in China. So, my permanent residence is (currently) in the US. I don't think this will change over the course of my career (the next 10-20 years.)

Finally, very likely my wife and I will have our kids do at least some of their early schooling in China, because I think it's very possible, over the course of THEIR career, that they'd make more in China than in the US.

exactly, u are closer to a american born chinese than the china chinese, that explains it, don't talk about a place where u experiences r more of a tourist!!
 
Quote from bone:

Speaking as an engineer myself by training, when was that ? Certainly not in the 20th Century.

Mid-late 19th century. IE, time of my great-grandparents.

Germany's transformation into Engineering Nation was intentional national policy driven from the top (ie, "socialism") and took less than one (modern) lifetime. Prior to that, goods from the region had a well-deserved reputation for suckage.

Germany did it. Japan did it. IMO it would be extremely foolish to then conclude the Chinese can't do it.

Whether they actually will or won't is a different question, of course...but you can bet your bottom dollar they are learning an awful lot about precision manufacturing and design from cranking out all those iPhone and iPads.
 
Quote from Debaser82:

Heech, a perma China bull like Jim Rogers claims polution (why he doesnt goes and lives there) and water suply are the 2 biggest obstacles China faces today.

Would you agree and how is China doing handling them?

Cheers.
Not sure about water supply... I mean, intuitively it makes sense as an issue, but I'd have to see the math on it. (It's a lot like the discussion about "peak oil"; it "makes sense" as a theory, but I suspect a lot depends on how you calculate compounding over time... I really don't know the truth.)

Pollution is definitely a huge issue. You know, in most other things there's a give/take: if you take someone else's land or money, they know about it; if you exploit your workers, they will push back; if you cut down too many trees, you run out of trees... so there's this natural pressure keeping business in check.

With pollution? It's much harder. If we had a counter on our arms (a la Justin Timberlake) showing how much life we were losing every time the factory next door polluted... we'd shut it down immediately. But right now, we don't... so the problem just grows and grows and grows. I'd like to think the scientists/engineers in Beijing will put in the right policy to eventually restrict this stuff. But it's an open question.

As far as why I wouldn't want to live there "permanently"... two issues:

1) lack of fair/reliable legal system. Once you get used to having that in the West, it's very difficult living with out it. This to me is a much bigger issue than physical pollution.

2) schooling is too difficult for the kids. I said earlier I'm thinking about having my kids do their early schooling in China... but I'd never let my kids attend junior high - college in China; way, way, way too stressful + difficult. The path to a decent university is incredibly challenging. They can probably put in 1/10th of the effort in the US, enjoy their childhood, and still end up attending a top university.
 
Quote from Ghost of Cutten:

Globalization is capitalism - if you restrict international trade, you are restricting capitalism.

Not according to Adam Smith.

The current form of globalization is not capitalism, it is neo-feudalism. Give people (ie, labor) the right to cross borders, and then we might be on to something more like "capitalism".
 
Quote from Random.Capital:

Not according to Adam Smith.

The current form of globalization is not capitalism, it is neo-feudalism. Give people (ie, labor) the right to cross borders, and then we might be on to something more like "capitalism".
no kidding, feudalism is a polite term, why not just call it government slavery. Work here or die really isn't much of a choice. Even the slaves were provided food clothing and shelter.
 
Quote from oldtime:

no kidding, feudalism is a polite term, why not just call it government slavery. Work here or die really isn't much of a choice. Even the slaves were provided food clothing and shelter.
move that mason-dixon line to the Texas border, find a modern day Tubman and form a new underground railroad and when they finally make it to Cairo they'll finally be free.

Cairo Il still protects escaped slaves , right?
 
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