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China In A Nutshell
We have explained the complications of China's monetary policy efforts, trade-financing shenanigans, 'peculiarly stable' headline macro data in the face of collapsing real data, and the 'hangover' effect of China's seemingly-terrified-for-reality-to-peek-through credit injections... but sometimes, a brief 30 second clip is all that is needed to explain just how it all works in China...
... And yes, someone was aboard this launch from a Chinese vessel...
h/t @noalpha_allbeta
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HMS LOL
Pretty sure the guy inside was getting paid to be a crash test dummy, over there they can get away with that kind of stuff. Gives you more realistic test results. If only they would allow that here, it would really help lower unemployment.
https://www.youtube.com/watch?v=sTsc9UIz5VI
Sellside will never admit it but China Crash (already begun) will be the catalyst for the next major global economic/financial crisis. This is a major reason why insiders connected to the Chinese Government have been buying land and hard assets all around the globe at a breakneck speed over the last several years (despite overpaying; better to overpay now and obtain something, the reason, than not be able to buy anythjng at all, even at lower prices later).
A great China crash is actually secretly desired by Chinese PTB as it will tamp down growing, massive wealth inequality chasm that threatens to create a "Chinese Spring" or Jade Revolution.
When this takes full velocity, there will be a massive commodity crash and a brief period to buy hard assets with inherent value with paper fiat; seize it.
China will never fully recover. NEVER.
I told you guys, the Chinese can't build or design anything themselves! They can't organize a piss up in a brewery, the only thing they can do is copy paste.
p.s. This is MORE OR LESS the way these lifeboats are supposed to work though: https://www.youtube.com/watch?v=Ly05OF6OAWc
What the Chinese still need to figure out though, is to work out at what ANGLE these lifeboats hit the ocean.... :-)
I disagree. Take Japan after WWII. They started out by stealing ideas and copying products, but soon after they came up with technical solutions of their own. Initially we disregarded or downplayed their efforts and before we knew it we were flooded with superior products. Japanese cars are a good example: they became a genuine nightmare for American and European car makers in the seventies and eighties.
Who is to say what China will be capable of once the copying frenzy is over and their own R&D departments take over?
He said the Chinese CAN'T build or design stuff
I told you guys, the Chinese can't build or design anything themselves! They can't organize a piss up in a brewery, the only thing they can do is copy paste.
he dodn't say they wouldn't be able to in the future.
As for the Japanese, they were amazing craftsmen prior to the 20th C; have a look at Japanese antiques and you'll see the attention to detail, use of materials and design are second to none. Japanese quality went to hell when they started military expansion, presumably as they were obliged to hammer out materiel at a furious rate in an attempt to keep up everything getting blown up (military Ketnesians please take note).
As it happens, the Chinese may (or may not) up their quality game in the future. As it stands, the quality of much of the crap they sell us is laughable. Pull it apart and examine the design, and you can't help saying to yourself: what were they THINKING?
Not quite as bad as the Africans, though...
https://www.youtube.com/watch?v=ybgQJlYRrZs
You do know that liberty bell cracked when first ruang after arrival in Philadelphia......
On the other side, check this 1800lbs chinese bronzeware from 1110BC
http://en.wikipedia.org/wiki/Houmuwu_ding
Chinese sell crap because they make money on those crap you are willing to buy....they dont even use those crap themselves......
Both cultures- Japan and China- instill conformity; hardly the basis for novel thinking. The transistor radio ? Japan didn't invent the transistor.
And copying- making something look similar- is far from making the real thing. China makes junk. Period.
Well, to be fair, it did end up floating on water, did it not?
It did.
true, but that guy inside was'nt moving too GINGERLY.....
he will never go on a ship again, lesson learned.
I don't think their economy will be so lucky.
Me neither. I think they'll get the free fall part all right; not so sure about the floating afterwards.
Everytime I comment about the Chinese I know I'm defending them....
....but we aren't criticizing them for having balls are we?
GO TO CHINA!! Walk the freaking streets of any city and get exposure to RISK!! Little kids walking to school that aren't any taller than your waistline crossing BUSY streets all by themselves dragging along their 5 year old little sister. It's terrifying to an American (like me) who was trained to be risk averse. But....risk is important in a society. Americans have become way to pussified.....so, here's to you mister lifeboat flipper!! I'm proud of you.
Probably copied some poor grad. students design code by hacking into the UCLA students netwwork; and got half the zeroes and ones backwards; typical.
Yes. Yes it did. The boat survived. Not sure if there would be any survivors inside it who weren't wearing 5 point race harnesses, though.
Shaken, not stirred. Or how I broke every bone in my body while being saved from a sinking ship.
They should just fire that thing off the deck like a depth charge off an old destroyer. Couldn't be any worse than that death trap.
If that's their system I'd guess the protocol is to launch the liferaft unmanned, then everyone jumps over the side of the ship afterwards and swims over to it.
I'm sorry, I'm having too much fun. Laughing my ass off right now.
Fire the anti protester device!
That reminds me of Professor Fate...
from 'the great race'....
Classic
everyone is entitled to a little amuzement now and then.
Must be all that Ag below deck that hasn't been accounted for yet...
I'd say we'd be better off on that Chinese lifeboat than if it was made in America if that story is true!
No, man. We would build a liferaft that could lanuch perfectly off that ship in 20' seas with 80 MPH winds. They would cost $50 million a piece and we would never be allowed to use them for anything but sending emergency supplies to baby harp seals stranded on free-floating icebergs. Or inserting SEAL teams into whatever part of the world we need to quietly kill terrorists or people who disagree with us (or agree with us, but in the wrong tone of voice). Either way, it involves seals, I assure you.
Yeah ND
And India would still be able to send an orbiter to Mars for the same price!...
Of course India got their technology on the cheap and their country really has nothing to lose in trying. Our space program is about maintaining status quo which means no failures, so we do nothing but research. Spend lots of money yet do nothing, for to try would mean a possible failure, and the only thing important in maintaining a bureaucracy is no failure and no fault. Think...Obama.
Hate to say it Oldwood but this "menagerie" called the U.S. bureaucracy started way before Obama.
Like Janet Yellen showing up at the Fed to reap the worst of the "shit storms" they only enable the system more to make things worse.
.........Except every person inside died of a fractured skull. At least they were able to bring the bodies home; a great comfort for the relatives...
very important to keep the Chi from crossing the Qui at an unfavorable angle; or some crap like that; their engineering culture is sort of 11th. century with little bits of ripped off this and that pasted on here and there.
Cantonese scrambled eggs
They could probably make that into an adventure ride and charge for it.
sure hope that thang had seatbelts and an airbag...
It was christened with tequila.
Here. Hold by beer a minute and watch this.
famous last words !!!
I think I just found my dream job, testing Chinese lifeboats.
THAT SHIT LOOKS FUN.
If you are gumby...
...i'm gumby dammit. SNL
This is the country we're afraid is going to take over the world?
Exactly; here's a book I can reccomend to you that's very entertaining and educational; it's a travelogue, called "Why China will never rule the world". Your library probably has a copy.
raunch tu hi, raunch tu hi !!!
That was at least a 50 ft free fall, with a nice little somersault at the end. Definetely an E ticket ride I'd say. Hopefully the occupants were all wearing Hans devices.
Must be 48" to ride.....sorry China.
that was "soft" landing, LOL
https://www.youtube.com/watch?v=NFo8Yy6FZlI
OMG!
whats up with China's boats?
those guys runing around at the end...
CLASSIC!
Aground and sunk at the same time.
Someone went to a prison camp.
An American, not US subject.
"Next time I'll pay to ride the roller coaster at the amusement park instead."
A lifeboat that injures or kills the passengers, eh?
Health and Human Services will order a dozen.
The design parameters simply said they must prevent drowning, nothing about a broken neck. The Chinese, like the rest of the world, will save their economy regardless of how many lives it costs.
Nothing doing...China can take it. Jackie Chan never faked a stunt, you know.
https://www.youtube.com/watch?v=4OZpSUJfSGw
Didn't see the triple-toe-loop as per the press release.
There is worse stuff already at Six Flags, Universal and Disney! If they can work out the loading areas and queues, we might see this ride at one of the Chinese parks.
Lifeboat is definetely an oxymoron in this case. Maybe deathboat, painboat, or whiplashboat. How about screamboat.
oxymorons are when two parts of the word or phrase contradict each other, like 'friendly fire'
what you mean is a bad description.
or "military intelligence".
LULZ.
The Chinese eagle has landed
That's one small step for Mao
One giant concussion for retired pilot now retired lifeboat test pilot Bang Ding Ow
pretty sure I heard 'holy shit' in English as that sucker cut loose...
We must admit though that the launch of Obamacare was nowhere as successful.
In Australia we put the refugee boat people we catch in them and chuck on the auto pilot and send them back to Indonesia.Works a treat.
Yep, I got to admit they have boat refugees under control but they can't quite deal with the thousands that arrive by plane and overstay their visas by years.
Maybe the instructions say place head between legs and prepare to stand up, when launched you know like a back flip.. makes perfect sense
Over the Falls, bitchez!
Primus - Over The Falls: http://youtu.be/RAKxOw6qtRA
The eagle has... crashed.
Good demonstration of a "Dead cat bounce"
If that is a 'working' lifeboat, I pray to never be in one that 'malfunctions'.
Awesome hang time on the flip…
think of all the money they saved on the rigging necessary to LOWER IT INTO THE WATER.....
the rest of the crew praying to budda they never have to use it....
That's a fail ? If I was forced to jump from cruiser in the middle of the ocean, in the middle of a storm and in the middle of the night, I would rather be in that thing than a rubber dinghy.