Trade War with China

Discussion in 'Strategic Defense' started by Ultra, Jan 27, 2018.

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  1. zealotaiur485
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    zealotaiur485 New Member
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    Strategic Foo You agency.
     
  2. Tam
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    Tam Captain
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    There should be limits to doing that even in China. Cooking the books will give your political rivals the leverage to get you charged for corruption.
     
  3. Tam
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    Tam Captain
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    I believe he's just humble, and wants to push his subordinates to greater heights by giving them a goal to do better.

    Better than being a hot air, only to see your products don't live up to the air temperature.
     
  4. Tam
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    Tam Captain
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    I don't know about high financing costs. China's "QE" interventions to push economic growth means lower borrowing rates.

    High labor costs are the direct result of high rental and real estate costs, especially when living in the city that are highly developed like Shanghai and Shenzhen. Considering that Shanghai is the big manufacturing center for ships from military to commercial, already quite obvious for anyone following the Chinese navy threads, that is going to be a big problem. However, this is alleviated by Chinese transportation infrastructure that allows you to move laborers from cheaper rural areas to the city quickly. That's how investing in infrastructure on transportation wins for the whole province.
     
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  5. Air Force Brat
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    Its not cooking the books Tam, its looking at the year ahead, for example on the farm you know in the spring, you're going to be buying seed, fertilizer, weed killer, insecticide, and even "cash rent" for those who lease ground, sometimes you pay 1/2 at spring planting, and the remaining 1/2 in the fall..

    So you put your crop in and have very high expenses for the months of March, April, and May, you may have to spray for bugs or weeds during the summer months, then around the end of August harvest begins, so depending on what type of crop you have, you may sell off some of it, store some of it waiting till supply goes down and prices go up???

    So as you look back at last years income and expenses, you average your income and expenses for 12 months, so saying you made 120,000 dollars, that would make your monthly income 10,000 dollars, your total expenses for the year were 60,000 dollars so your monthly expenses averaged out to 5,000 dollars a month... so you put your income in the bank in the fall, in order to have enough to pay for your production expenses in the spring...

    So you don't take your 120,000 in the fall and go to Vega's and blow it all? but you bank it and work off of it for the whole year, after expenses are paid, your income is 5,000 a month, so you have to live on 5,000 a month... hopefully, when March or April come around you still have 30,000 in the bank, and you may have to take out a small production loan to borrow for your expenses...

    So that's called "Income Averaging", so you do show higher profits some months than others, but you "average" your income, the same on the expense side, in the Spring your expenses are very high, but through the summer, fall and winter your expenses drop, so you "average" your expenses...
     
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  6. CMP
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    CMP Junior Member
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    Thank you for explaining this practice to those of us not familiar with it. It certainly baffles my mind to think that some people would see that as cooking the books, as it certainly is not.

     
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  7. Air Force Brat
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    You're more than welcome, and thank you for you "like"....
     
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  8. Air Force Brat
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    He's "managing expectations" by being honest and upfront, take the development of the jet engines, they've come a long way from the fuel sucking, dangerous, powerplants of the 50's to safe, reliable, and fuel efficient. that's taken 70 years of everyones best efforts... production tolerances have come way down in order to get to this state...

    So he's communicating where the machine tool industry needs to go, if they are striving to be number one, but in business, being #3 isn't a bad position...
     
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  9. localizer
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    localizer Junior Member
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    https://www.sciencemag.org/news/201...rs-after-nih-flags-their-foreign?utm_campaign
    Stupid move. I’ve always had my doubts about Francis Collins ever since he saw a waterfall split into 3 and dropped down on his knees and accepted the Trinity. He hasn’t helped NIH funding increase one bit. I also saw the email he sent to my former school email. Disgusting.

    I can only hope that when China gets to this point in development it will never practice this sort of retardation. Being able to attract talent is hard enough. It dossn’t matter if others try to catchup as long as you’re always one step ahead.
     
  10. A.Man
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    OT, just FYI my friend, see what Chinese farmers are doing:

     
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