China is spending its Reserves Building Strategic Infrastructures Jim Rogers
China is spending its Reserves in Commodities Farmland and Building Strategic Infrastructures http://www.Jimrogers.tk for more http://jimrogers1.blogspot.com http://www.Jimrogers.tk http://jimrogers1.blogspot.com http://www.Jimrogers.tk http://jimrogers1.blogspot.com
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@ntlfr8 They actually hold less T securities than Japan does... so no they dont own us.
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Jim Rogers, right on as always. Spending when you don't need to, incentivizes the production of goods we don't need. This is a separate form of inflation and BAD for the economy. People should spend on capital investments, until we can produce the goods we want for less.
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DId he say he would by more in 30 years?
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And I will create a non-central banking institution to remove all forms of Central Banking by creating a government owned and controlled non-monetary credit creation national government publicly owned bank for the real physical economiy and human resource investments in the physical economy, schools, hospitals and clinics, libraries, all forms of public utilities, create a regulated public utlitities-based pension system to prevent abuse by unethical business corporate practices,
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As to infrastructures and technostructures, I will concentrate on expanng and improving all infrastructures and technostructures but to design them to last almost indefintely and in key public utilities like nuclear power plants like the BREST reactors and industrial atmospheric water generators, recycling cloose-loop industrial-agricultural infra-technostructures, environmental and waste handling-recycling technostructures to recycle sewage and pollution into drinkable water and raw materials
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If I were the prime minister of China I would do two things simultaneously. 1st to use foreign dollar reserves to purchase key strategic industrial commodities to transform (depreciating) US dollars into tangible hard physical assets like metal ingots like chronium, molybdenum, tungsten, nickel, cobalt, titanium, rare earths, phosphate rock, potash, iron & steel ingots, cotton, linen, oil etc. And in the machine tool industries for machinet tools reproduce themselves and all kinds of factories.
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China is not controlled by corporations. China IS a corporation.
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Everything on this planet is FINITE except garbage. Simple
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do you agree with the ass. yeah u got a great ass
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complex then it can practically use all of the surrounding rocks and soils and clays around it as it's primary ore and not become dependent on naturally concentrated deposits. That threatens the natural resource based dependent vested political economic interest's position in the geopolitical and socio- economic power structure. Remember, Carlin Mines mined and processed more than 4,000 tons of ore to profitably extract 50 pounds of gold, what more with 100 tons of granite and it's metals inside
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The only problem is that there are vested interests against the suggestion of Harrison Brown on extracting these metals and nuclear fuels from ordinary rocks, granite as one of them, because they want us to remain dependent on their naturally concentrated and accessible natural resources which forms the base of their control over mankind. But when the Harrison Brown suggestion becomes a reality and a profitable one at that then an existing vertically integrated heavy enginnering (continue next)
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the girl is hot, is she jewish?
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We will never run out of natural resources because it is only the costs of accessibility that creates a false scarcity. As the richer and easily accessible natural resources runs out, then we will have to concentrate on leaner ores, deeper oil deposits, grow our food indoors vertically, etc and that temporarily increases costs but as close-loop life-support ecosystems and atomic power becomes predominant they'll become so cheap that scarcity will cease to exists. So invest in these projects now
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In 1974, it requires 5,172.41 plus tons of gold ore from the Nevada Carlin mine ore deposits to produce 50 pounds of gold and at a profit so what's stopping China and the whole world from developing the technology to extract all kinds of metals from ordinary rock. Scarcity is actually costs of accessibility of natural resources, as the richer and more concentrated resources are used up we go to leaner ores and atomic power can make it profitable, especially when using breeder reactors.
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China's natural resource needs can be easily met for every 100 hundred tons of granite rock can produce: 1. 8 tons of aluminum. 2. 5 tons of iron. 3. 1,200 pounds of titanium. 4. 180 pounds of manganese. 5. 70 pounds of chromium. 6. 40 pounds of nickel. 7. 30 pounds of vanadium. 8. 20 pounds of copper. 9. 10 pounds of tungsten. 10. 4 pounds of lead. 11. 2.64 pounds of thorium (1,200 grams or 1.2 kilograms). 12. .88 pounds of uranium (400 grams or .4 kilogram).
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China needs to use it's vast scientific and engineering human resources to develop the close-loop life-support technologies so as to expand it's life-support capacity and help clean up it's environment while investing in infra-technostructures that can sustain both human life and human industrial activities that can make wise use of natural resources and make sure that everything is built to last as to render all industrial assets reusable and recyclable in the long term & build nuclear power
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Agreed. A useful stimulus should go to roads, bridges, and ports. Increase the strategic oil reserves. Unlikely to happen though.
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All stimulus must go to the real physical-economy based on real things and not on speculative financial papers backed by psychological lying swindles which the present Obama administration is promoting. You save and invest your savings in the real physical-economy that produces things, that manufactures all kinds of manufactured goods, in life-supporting infra-technostructures to support both people & industry which in turn will re-invest in infra-technostructures. Channel money in real economy
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Thanks, its a blessing working for someone who calls it likes he sees it and knew that the shit was gonna hit fan a looooong time ago. I will miss him greatly should he become US Senator Schiff.
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Good for you, besides family I am fully employed and happen to like my job...probably one of the few recent college grads who has one. I can only imagine what its live over in SK...Seoul, Busan, Daegu...all those nice Korean women and the nice food...im a sucker for samgyepsal & soju. My boss Peter Schiff says alot of young Americans like me are gonna get fed up and just leave the country due to lack of employment. Asia is the future..continue to enjoy your life in South Korea.
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