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Downsides of an export economy

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  • #16
    Infrastructure brownfields are something new to me. Have any examples from your time there?
    I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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    • #17
      There are enough concrete-covered mountains and coastlines filled with massive concrete tetrahedrons to keep them stimulating for years and years.

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      • #18
        I'm beginning to think this might be serious.
        Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...

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        • #19
          Yeh, what's the objective of those slag-heap tetrahedrons anyway? You would think that they would do something useful like bury the power lines.
          I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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          • #20
            Protection against typhoon storm surges, I think.

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            • #21
              They've mistaken themselves for Venetians.
              I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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              • #22
                Burying power lines in an earthquake-prone country isn't necessarily a good idea.
                No, I did not steal that from somebody on Something Awful.

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                • #23
                  You would think that they would do something useful like bury the power lines.


                  Or insulating their houses.

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                  • #24
                    Well, before unleashing the armies of jackhammers, they should privatize the post office bank and insurance company. I wouldn't spend any money either, if I had to rely on a 0% interest account and was living to be 100.
                    I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                    • #25
                      This is looking incredibly grim for export oriented economies. Japan's January exports from January a year ago dropped 46%, compared with the December drop mentioned above of 35%.

                      I find it increasingly difficult to believe China's January exports drop of only 17.5% -- just seems off to me. It's true that car sales are being hit disproportionally and China doesn't make too many cars for export. But... Well... Looking at all of its Asian industrialized neighbors... Maybe China's February figures will be more realistic.
                      Last edited by DanS; February 28, 2009, 16:24.
                      I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                      • #26
                        Originally posted by DanS View Post
                        Well, before unleashing the armies of jackhammers, they should privatize the post office bank and insurance company. I wouldn't spend any money either, if I had to rely on a 0% interest account and was living to be 100.
                        They aren't going to ever spend more money because the're too old now.
                        I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
                        - Justice Brett Kavanaugh

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                        • #27
                          Originally posted by DanS View Post
                          Maybe China's February figures will be more realistic.


                          That's a good one, Dan!
                          “I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
                          - John 13:34-35 (NRSV)

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                          • #28
                            Following up on this, Japan's February exports dropped 49% versus February 2008. Over the last few days, there's been lots of talk about China leading us out of the recession, but I don't buy it one bit -- it must be experiencing much the same decline as Japan.

                            TOKYO -- Japan reported a record 49% fall in exports in February from a year earlier, showing the vulnerability of the world's second largest economy, which has relied heavily on global demand for its products to drive growth.

                            February exports plunged to 3.526 trillion yen ($36.1 billion), compared with 6.974 trillion yen in the same month last year.

                            February marked the fifth consecutive month of decline and set a record for sharpest fall for the fourth straight month as demand dropped in all key markets -- the U.S., Europe and China. In January, exports sank by 46% from January 2008.
                            "Every major product for every major market is falling at a similar steep pace," said Richard Jerram, an economist with Macquarie Research in Tokyo.
                            I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                            • #29
                              Originally posted by DanS View Post
                              Increased domestic consumption. I have some ideas about what they might do to encourage consumption.
                              I've discreetly tried to push for this idea on a very local level for a few years now. An export economy is a slave economy, giving away the fruits of it's labour and being dependant upon others. Truly developed economies consume around as much as they produce.

                              Less punitive taxes on consumers, less government-advocated guilt over consumption and invididual investment.

                              the export slowdown pushed Canada into a trade deficit for the first time since March of 1976.
                              How is this a bad thing?

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                              • #30
                                Well, generally we like to kill trees, rape the Earth for hydrocarbons, pillage a bit more for minerals, farm it like a ***** for food, and club a few furry little seals. We then sell our plunder to fools who value these things. We do that so we can then buy beer and pizza. If demand for our plunder falls off, we can afford less beer and pizza. If that goes on for too long we may just go hockey on someone's ass.
                                (\__/)
                                (='.'=)
                                (")_(") This is Bunny. Copy and paste bunny into your signature to help him gain world domination.

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