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Libertytree
24th February 2013, 09:06 PM
Like it's not plain to see that China's manufacturing is now dependent on US consumerism. The basic model is/has been a recipe for disaster, WTF were they thinking? (rhetorical)

http://news.yahoo.com/survey-shows-china-manufacturing-4-024024106.htmlSurvey shows China manufacturing at 4-month low as export orders decrease




BEIJING (AP) -- A survey shows China's manufacturing activity this month has declined to a four-month low in a reminder of possible threats to its shaky economic recovery.
HSBC Corp. said Monday the preliminary version of its purchasing managers index for February fell to 50.4 on a 100-point scale on which numbers above 50 show activity expanding. That was down from January's 52.3.


Growth in the world's second-largest economy rebounded in the final quarter of 2012 but analysts say a recovery will be gradual and could be vulnerable if trade or investment decline.
HSBC said its survey found export orders decreased while output and overall orders grew at a slower rate.


HSBC economist Hongbin Qu says in a statement that "the Chinese economy is still on track for a gradual recovery."

Dogman
24th February 2013, 09:08 PM
In some ways if china goes they may drag the world down with them.

Libertytree
24th February 2013, 09:35 PM
In some ways if china goes they may drag the world down with them.

It's all tied to the US, as we're the largest consuming nation. As we go...they go.

Dogman
24th February 2013, 09:45 PM
It's all tied to the US, as we're the largest consuming nation. As we go...they go. Truth!

Ponce
24th February 2013, 10:55 PM
china and the rest of the world will recover........but not us......why?

"No Export = No Recovery"... Ponce

V

Shami-Amourae
24th February 2013, 11:11 PM
They will collapse anyways. A lot of the manufactering will come back to America, but it will almost all be done by robots. Human workers are becoming obsolete. Welfare will become normal.

mick silver
3rd March 2013, 12:10 PM
any way this work out they will need less people around to do there work

gunDriller
3rd March 2013, 02:45 PM
any way this work out they will need less people around to do there work

actually, China is in the midst of a massive implementation of robots for manufacturing.

the net effect - the effects of the economic contraction are amplified.


those who own the robots, and those who print the money, have primary control.


as far as China - they have many $Trillions to Hoover up the world's gold with. Gold reached its 2011 highs before China kicked into the most recent high gear re. gold-buying.

i suspect there's a relationship between China's gold buying and the Cartel's panicked need to hammer gold & silver prices.

i wonder how much physical China is acquiring, including their own mining, vs. how much America & Europe are buying.

Shami-Amourae
3rd March 2013, 03:19 PM
There's an anime that takes place in the future where people buy "persocoms", which are human-like robots which do work for them. The more of these robots people have the more of a chance they don't have to work at all and the more leisure time they have. Then what happens is that the persocoms get so advanced humans start falling in love with them...


http://www.youtube.com/watch?v=ingYFsjgaZ4

Cebu_4_2
3rd March 2013, 04:14 PM
http://www.youtube.com/watch?v=ingYFsjgaZ4

I'd hit that!