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China "Recalls" 54 Bullet Trains Over Safety Concerns

Tyler Durden's picture




 

There were some who speculated that the east China July 23 bullet train crash was indicative of bigger problems with China's breakneck spree to build infrastructure for the sake of building infrastructure. Sure enough, Xinhua reports that not one, not two, but 54 high speed trains have been recalled over safety concerns.

From Xinhua:

The Shanghai-listed train maker said in a statement at the website of Shanghai Stock Exchange that it had asked the Ministry of Railways for approval of recalling its 54 high-speed CRH380BL trains.

 

Previously, the Beijing-based company has decided to suspend delivery of CRH380BL trains which the company said have defects in the automatic protection system.

 

The trains were assembled in the company's subsidiary, Changchun Railway Vehicles Co., Ltd., in northeast China's Jilin Province.

 

Friday's recall of high-speed trains came shortly after the country's railway ministry announced a slowdown of train speeds amid widespread concerns over the railway safety aroused by the July 23 train crash in east China.

What next: someone inquires into China's GDP numbers and discovers that everything is a complete and utter fabrication? Oh wait, China is the BRIC that will pull the world out of the next recession. We keep forgetting.

Alternatively, as some speculated previously, we wonder just how much of an economic slow down factor the crash is supposed to be: after all if China wishes to cool off its economy all it has to say is that going forward it will actually implement Quality Control in the production process of all goods. Next up: inflation tumbles by half as GDP growth stays precisely at 8% in perpetuity.

 

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Fri, 08/12/2011 - 16:28 | 1555456 anynonmous
anynonmous's picture

Speaking of bullets, Where is Leo Kolivakis???

he last posted on Zero Hedge over a week ago
but continues on his own blog - did he get the ZH Ki-bosh or is he just in the penalty box?

http://pensionpulse.blogspot.com/

Fri, 08/12/2011 - 16:43 | 1555518 binky
binky's picture

Noticed this earlier --

 

Listen, if all you see is doom & gloom all over the world and are seriously contemplating on slicing your wrists because you've been reading the bullshit over at Zero Hedge, then stop reading my comment right away. I parted ways with Zero Hedge and Tyler Durden today after I gave it to him for censoring me and allowing the clowns over there to constantly ridicule and insult me. That blog is becoming a total joke and I am not surprised he banned me because he is the same as all the rest of the zealots who silence any dissenting voices. If you don't toe the line at Zero Hedge and paint everything dark, they will ban you.

I am tired of arrogant, narcissistic fools and wish Tyler Durden and the clowns at Zero Hedge all the best. I have no agenda, nothing to peddle, and will speak the truth. If Tyler Durden wants to silence me, then that speaks volumes about his credibility. So let me share with you what I really think is going on in this latest panic selling:

Fri, 08/12/2011 - 16:47 | 1555538 LoneStarHog
LoneStarHog's picture

That ignorant fool was no better than the clowns on CNBS...I don't mind opposing views, when they are not BULLSHIT and HYPE...I for one DO NOT miss the clown.

Fri, 08/12/2011 - 16:58 | 1555584 Fish Gone Bad
Fish Gone Bad's picture

Leo is selective in what he chooses as being informative.  I found him typical of MS patients.  Just another needy male that did not get enough hugs from his mom.

Fri, 08/12/2011 - 17:33 | 1555682 beastie
beastie's picture

You are an idiot but I am sure you already know that.

Back to the story. Siemens was contracted to build and maintain the first bullet trains in China. They knew damn well China was going to try and copy the tech whether it was in China or elsewhere so they installed loyal Euopean employees only. They made it as difficult as possible for them to understand the tech and the subsequent maintenance. 

So much the same way as the Chinese copy everything else (like unfinished capacitor designs 2003-2004 that blew up in Dells, iMacs etc) they fucked up the copy. It's a damn shame people had to die instead of being just simply disappointed with a piss poor copy.

Fri, 08/12/2011 - 19:36 | 1555936 High Plains Drifter
High Plains Drifter's picture

when was the last time the chinese came up with something on their own?  you see these chinese doctors walking around in our hospitals and it makes you wonder just who they are  and what they know....

Fri, 08/12/2011 - 21:32 | 1556173 HungrySeagull
HungrySeagull's picture

They came up with the Great Wall once a strong enough Leader united them all.

They came up with a way to build the Three Gorges Damn.... uh... Dam.

 

You know what they say, a fish hitting a wall saying DAM! but those Chinee... they build our Railroads, washed our dishes and laundry and supply us the places to get drugs and women.

About time they did something.

Fri, 08/12/2011 - 21:03 | 1556110 trav7777
trav7777's picture

The Chinese also brought in the Japs ostensibly to help with this and immediately started trying to steal their technology.  The japs up and left them.  This stuff is documented.

ANYone who does business with China is looking to get ripped off

Fri, 08/12/2011 - 21:48 | 1556198 High Plains Drifter
High Plains Drifter's picture

when the japs invaded manchuria, they tried to use the jews to control the chinese in that area for them. that didn't work out too good needless to say. when they brought in the yids , a lot of "horse stealing " started happening behind the lines........:)

http://www.henrymakow.com/japanese_tried_to_make_deal_wi.html

 

also the russians have almost stopped trading with them i think on a military level due to the chinese reverse engineering russian equipment and therefore cutting out the russian military industrial complex in possible profits from spare parts sales etc............

http://online.wsj.com/article/SB1000142405274870467920457564647265569884...

Fri, 08/12/2011 - 21:30 | 1556168 HungrySeagull
HungrySeagull's picture

That is why I taught myself to build computers. Never buy them at the store ever again.

As I type this I got a fucking HAF X Case being stuffed with the latest gaming goodies in advance of BF3

Fri, 08/12/2011 - 21:33 | 1556175 High Plains Drifter
High Plains Drifter's picture

which way did you go? amd or intel?

Sat, 08/13/2011 - 14:42 | 1557352 HungrySeagull
HungrySeagull's picture

Actually a little of both over the years.

I am only concerned with frame rates and stability in battle, not the brand. At the moment I am running crossfire AMD on a intel chip (Ugh..) but it works. There is a build behind me that will be all NVIDIA for the first time in decades. SLI 590GTX etc.

 

I take cold comfort in when I fire that bitch up to play it's gonna pull 1500 watts, 15-20 amps off the house all by it's self. The only questions matters now is how much in kWh per 24 hours at 120 volt is this whore gonna cost me each day?

 

The amount of fans availible in the Haf x case (Honking big ones.) will be recycling the air too.

Sun, 08/14/2011 - 04:38 | 1558468 NoClueSneaker
NoClueSneaker's picture

... went out of that race . My last rig was Conroe con 8800GTX ( EVGA + BFG ), watercooled - tweaked to stable 3156 MHz ... ( first adopter, urgs) ..

... and then I saw myself as a grannie on Hayabusa.

 

Haven't touched a screwdriver since then ...

 

Fri, 08/12/2011 - 21:35 | 1556178 Lord Koos
Lord Koos's picture

It's very possible that the problem had nothing to do with the actual train, but something to do with the signal or switching systems.  There are huge amounts of corruption in Chinese public works projects.  Many of these people do not care about their own country, they are only in it for themselves.  Like the guy who skimmed millions off of the flood protection projects, when the dykes failed, and millions were flooded, with thousands of deaths... he probably already had a visa and the money in an offshore account. There are thousands of example of this in China, big and small.      

Fri, 08/12/2011 - 21:38 | 1556184 High Plains Drifter
High Plains Drifter's picture

what you describe sounds like people in our government. 

Mon, 08/15/2011 - 12:42 | 1561875 fuu
fuu's picture

Siemens control systems? Stuxnet.

Fri, 08/12/2011 - 18:46 | 1555842 janus
janus's picture

if i have some time, maybe i'll swing by and shatter his ego

i tried to be nice because i like dissenting voices; but if he's gonna throw a tantrum janus knows how to deal with that as well.  i wonder what these things were; what is ZH's great power that they could censor him on his diminutive wittle blog as well as ZH.  couldn't he just say, see, i wrote this and it was true then on my blog and ZH would have none of it...simple truth is probably that he can't take the taunts from the gallery and can't make a persuasive argument to himself...so he crawls back home and tells his family how he left on his own terms, and to protect his treasured honor...seen the movie -- it was just as contrived then.

two thumbs down, leo

Fri, 08/12/2011 - 19:38 | 1555939 High Plains Drifter
High Plains Drifter's picture

he said one time, that he went home and called his brother and told him about how that mean old akak was always trying to pick on him?  :)

Fri, 08/12/2011 - 19:32 | 1555926 High Plains Drifter
High Plains Drifter's picture

speaking of arrogance and narcissism, leo takes the cake. like i said before, i would not want him as someone watching my retirement money. we have too many perma bulls like him watching the pension money. it is easy to make bets with other people's money. i never had anything personal against the guy. he wasn't that bad. he is entitled to his opinions. but so many times he seemed to just not get it. these days there just isn't anymore time to put up with fools like him. so he is gone now. well i guess that means he now walks into the darkness of obscurity as he was, before he even came to this place. he can now tell his stories about having lunches with interesting people, to all of the readers of his blog, all 500 or them...

Fri, 08/12/2011 - 21:28 | 1556156 Zero Govt
Zero Govt's picture

"he wasn't that bad"

Ah, describe something good about Leo? ...i'll give you to the end of the month to scrape around the bottom of a barrel and find something!

"i never had anything personal against the guy"

I did.. he's an arsehole ..and professionally no idea where to put his money (eg. the Green sector, what a tool. eg.2. "next week buy the dip" famous last words from the total dipshit that is Leo)

He entered ZH tripping over his bootlaces, becamse the resident Omega wolf for good reason, and left tripping over his toungue... and Ronald McDonald calls us "Clowns" ?!! 

 

Fri, 08/12/2011 - 21:29 | 1556165 HungrySeagull
HungrySeagull's picture

Well, Leo was good to have around. Gives me a reason to continue doing what I do and continue on doing what I have been doing. Anyone who is that thin skinned should stay the fuck out.

Hell... There were times you fucks on ZH managed to sink a spur or two now and then. I try to be good about it. But whining about ZH and announcing I quit is not the way to do it. what a whiny child. I expected better from Leo.

Fri, 08/12/2011 - 21:36 | 1556179 High Plains Drifter
High Plains Drifter's picture

did he quit or did he resign?  he gave tyler durden a shot on the way out the door too , i noticed.,,,,,,something about censorship etc.,,,,,

Sat, 08/13/2011 - 14:38 | 1557347 HungrySeagull
HungrySeagull's picture

However which way Leo went out, his Bones are bleaching in the blinding light here at fight club.

Sat, 08/13/2011 - 15:43 | 1557429 IQ 145
IQ 145's picture

Oh, that's alright, Leo, I think I'll just struggle along somehow whithout finding out what you think is going on. "Have a nice day" as they say in California; and Leo, don't come back, ok? Thanks.

Fri, 08/12/2011 - 17:02 | 1555540 fuu
fuu's picture

http://pensionpulse.blogspot.com/2011/08/one-flew-over-cuckoos-nest.html

 

I still love one of his last calls from 8/2/11:

The Senate should rubber stamp the debt deal. I think they will sell the news, the stock market will tank, but it will recover tomorrow and rest of week (maybe even this afternoon). Friday's US payrolls will be weak but that dip will be bought too. Importantly, even though economic data will come in weaker-than-expected, keep buying the dips on risk assets.

Fri, 08/12/2011 - 17:19 | 1555649 Hedgetard55
Hedgetard55's picture

I miss Leo and the chuckles I got from his stuff.
What is akak going to do now?

Fri, 08/12/2011 - 16:28 | 1555458 MsCreant
MsCreant's picture

Built like a BRIC House has a whole new meaning.

Fri, 08/12/2011 - 16:31 | 1555470 caerus
caerus's picture

funky...

Fri, 08/12/2011 - 16:37 | 1555490 theXman
theXman's picture

Take look at the photos in the following link. Does not matter if you can't read Chinese. The photos are self-explanatory. They are real, no PS.

 

High Speed Rail with Chinese Characters: http://www.duping.net/XHC/show.php?bbs=11&post=1154126

Fri, 08/12/2011 - 16:54 | 1555570 James T. Kirk
James T. Kirk's picture

Wow. Gives me a great idea to expand LAX. Just build an elevated runway over South Central. The MTA can hack Bejing to rip off the schematics.

Fri, 08/12/2011 - 17:00 | 1555593 Fish Gone Bad
Fish Gone Bad's picture

China is such a second rate country.  They cut corners wherever they can.  Just like poisoning pets and children.  Their arrogance will be their undoing.

Fri, 08/12/2011 - 17:06 | 1555612 caerus
caerus's picture

apparently we've exported idiocy...winning!

Fri, 08/12/2011 - 17:22 | 1555657 Pay Day Today
Pay Day Today's picture

Does feeding our children Diet Coke count as "poisoning them"?

Fri, 08/12/2011 - 17:40 | 1555698 sitenine
sitenine's picture

Meanwhile, a high speed train wreck in Poland goes completely unnoticed by all of western society. Get off your Chinese Hate Horse fool!

Fri, 08/12/2011 - 20:37 | 1556044 Bananamerican
Bananamerican's picture

are you PRC sitenine?

Fri, 08/12/2011 - 21:55 | 1556211 sitenine
sitenine's picture

What's your motivation for asking?

Does a person need to be PRC to recognize racially motivated hate?

Fri, 08/12/2011 - 16:59 | 1555576 dwdollar
dwdollar's picture

Haha...  Nothing could go wrong there...

Just like nothing could go wrong with the nuclear reactors they're building downstream of Three Gorges Dam (which is in an earthquake zone and already has cracks) next to the river.

http://www.zerohedge.com/article/chinese-bullet-train-derailed#comment-1485049

Fri, 08/12/2011 - 17:10 | 1555624 Hephasteus
Hephasteus's picture

There's got to be a way to keep heavy machinery out of the hands of idiots.

Fri, 08/12/2011 - 21:26 | 1556162 HungrySeagull
HungrySeagull's picture

There is.

Computers programmed by idiots told to dumb them down so the morons and imbeciles will push buttons by rote at the right time after two weeks careful training designed to wash out the truly intelligent.

Sat, 08/13/2011 - 11:55 | 1557103 DosZap
DosZap's picture

the Xman,

Pillars do not a Bullet train  make,if you can't keep the bitchez on the tracks.

I know I want to do 200-350mph on a Chinese BT.Appears they at least are not just killing Americans w/sub std shit.

Sat, 08/13/2011 - 15:56 | 1557444 IQ 145
IQ 145's picture

Wow, that's great. You can get from someplace you never wanted to be to someplace else that looks exactly the same in practically no time. Now, that;s progress, alright.

Fri, 08/12/2011 - 16:39 | 1555501 citta vritti
citta vritti's picture

I thought it was “built like a brick shit house” to indicate conspicuous over consumption, which still seems to fit somehow for our BRICs, not that we’re not pots calling kettles black. 

Fri, 08/12/2011 - 21:25 | 1556159 HungrySeagull
HungrySeagull's picture

What is the name of that song? Uber Uncle Schmit?... Ja Schnell uber uncle schmit...

Fri, 08/12/2011 - 16:32 | 1555472 Long-John-Silver
Fri, 08/12/2011 - 16:34 | 1555478 rlouis
rlouis's picture

and yet, California is ready to spend $60 billion of taxpayer money to build a high speed rail system.  It's not just formerly communist regimes that make stupid capital allocation decisions - the recently socialist do to!

Fri, 08/12/2011 - 16:57 | 1555581 Long-John-Silver
Long-John-Silver's picture

We know it will be operated by Amtrak mandated by federal law.

Amtrak Costs & Subsidies Compared to
Air Fares and Car Rentals

http://www.publicpurpose.com/icr-amtrakair.htm

Fri, 08/12/2011 - 17:14 | 1555642 fyrebird
fyrebird's picture

HSR will never happen. All the money is going into "consultants" until someone notices the State is BK. When the petty cash dries up those fookers will already be in the Bahamas on the beach enjoying the beotches.

Somewhere in South California there are already tracks to nowhere. They will become the wonder of the post-modern world.

Fri, 08/12/2011 - 17:17 | 1555646 Drag Racer
Drag Racer's picture

the main reason for the high speed rail in Cali is to get the masses past those stinkin slaughter houses. anyone notice how bad the smell got since they upped the GM corn feed???? ask a butcher who slaughtered one fed on that crap.

trains from nowhere to nowhere... gotta luv it.

Fri, 08/12/2011 - 21:24 | 1556154 HungrySeagull
HungrySeagull's picture

The only part of a slaughter house to stink is the hide house. If you cannot stand it earning a honest wage there then move out of California. Or Texas or Oklahoma or whatever.,...

 

With that said... some of those big feedlots around Liberal Kansas can be smelled a hundred miles upwind whew... Makes a strong man question the consitution of one's stomach and breakfast earlier that morning.

Down along the Red River at night, I used to have a horrible fear because the damn Livestock is 4000 pounds, bigger than the damn Van and has a hide the exact same color of the pavement and at night too. They are invisible.

I cannot tell you how many screaming souls Ive pulled out of those goddamn cars along that Red... enough.

 

Fri, 08/12/2011 - 20:46 | 1556067 Pillgrimm
Pillgrimm's picture

Do Nancy Pelosi and Govenor Moonbeam know about this?

Fri, 08/12/2011 - 16:43 | 1555522 karzai_luver
karzai_luver's picture

and yet we spend hundred of billion to build a stealth fleet that can't fukin fly.

 

 

I will take the waste on the bullet train.

 

Fri, 08/12/2011 - 21:08 | 1556122 trav7777
trav7777's picture

TGV and Shinkansen turn profit.

That was their investment as a result of the US's oil peak and Arab tiff in 73.  Japan has a 30 year run without a single fatality.

they have 200mph trains and we have...SUVs and suburbia.  The cheap oil we fought for, the reserve privilege of the petrodollar, will be our ultimate undoing.

With knowhow and investment, these things could be running at speeds competitive with airplanes over intermediate distances

Fri, 08/12/2011 - 21:20 | 1556151 HungrySeagull
HungrySeagull's picture

Ahem, they still have a Uber extension cord made of hella big stuff tied to either Coal, NATGAS or Nuke Plants feeding them big juice.

Juice it baby and fast, we are on a schedule here.

Fri, 08/12/2011 - 21:53 | 1556203 High Plains Drifter
High Plains Drifter's picture

the way things are around this state, i am not sure i would trust anyone to build one of these fast train setups. i don't think it would work the same here as it does in japan.  the only way anyone will take the cars away from the americans is to pry their cold dead fingers off of the steering wheels.........

Fri, 08/12/2011 - 16:46 | 1555527 caerus
caerus's picture

i'm still all in on the highway to hell infrastructure bank fuck yeah!

Fri, 08/12/2011 - 16:50 | 1555546 b_thunder
b_thunder's picture

Next recall:   hotels and apartment buildings (after first collapse)

Then recalls of highways, airports, dams, and many other wonderful infrastructure creations

 

Fri, 08/12/2011 - 21:19 | 1556145 HungrySeagull
HungrySeagull's picture

Or all three at once. I think the Mass Turnpike has a Hotel over a interstate west of Boston. And JFK should still have a strong bridge holding up 747's over thier highways which aint good for shit in the cracks they have been filling for decades. The only good solition is to build trucks so strong and comfortable riding on air as to never feel that crumbling shit destroying your back and freight.

Fri, 08/12/2011 - 16:59 | 1555589 Sofa King
Sofa King's picture

That's what happens when you rush.  Inexperienced clowns that think book-learning, slave labor and reverse engineering will get them to the top.  The rail system took decades to develop in the US.  We had our fair share of accidents but we learned from experience.  Once they get this problem resolved, there will be another one, and another, and another.  Because after every revision, new problem are discovered/created.  Why do you think nobody gives a shit that they launched their first aircraft carrier...because it was built in China.  The unfortunate part is that our Industries have outsourced all their manufacturing to China so they will bring the quality of our infrastructure down to their shit level. 

Fri, 08/12/2011 - 17:13 | 1555638 Fish Gone Bad
Fish Gone Bad's picture

I think the Chinese stay up late at night just to think up new ways to screw each other over.  When the next world war breaks out, China is going to just sit around and shoot itself in the proverbial feet.

Fri, 08/12/2011 - 21:18 | 1556142 HungrySeagull
HungrySeagull's picture

No they dont. They lie awake stacked on each other examining the anti-suicide fence on the factory sleep box view port and wonder how can they break that chain making fucking 1.10 a week turning out electrionics stupid americans buy at night on opening day.

Fri, 08/12/2011 - 17:03 | 1555601 stickyfingers
stickyfingers's picture

I guess it's quicker than going out and picking up the pieces, one by one.

Fri, 08/12/2011 - 21:16 | 1556140 HungrySeagull
HungrySeagull's picture

They can do that too. Summon up 5 million cinee who need to eat and tell them go pick. Pick fast, pick good.

They will strip the area clean as a Locust swarm on your field of dreams.

 

Bad pickers are recycled at reeducation centers; while addicted pickers are rehabbed.

Fri, 08/12/2011 - 17:03 | 1555606 totem
totem's picture

This is a win-win!

China won't repair those trains, they'll just build new ones: GDP win.

And surely someone will take the old trains off their hands... Gomez Addams win!

 

Fri, 08/12/2011 - 22:27 | 1556275 KickIce
KickIce's picture

Reid wants a train from Cali to Las Vegas, lets buy one and put him on the test run.  Nancy and Barney are invited as well.

Fri, 08/12/2011 - 17:05 | 1555609 deepsouthdoug
deepsouthdoug's picture

Not ready for the prime time export market!!

Fri, 08/12/2011 - 17:06 | 1555610 Peter Pan
Peter Pan's picture

Chinese railway infrastructure may well suffer from the additional problem of low quality flyash used in its construction. Now that is going to be a bigger problem within the decade.

Fri, 08/12/2011 - 17:10 | 1555626 fyrebird
fyrebird's picture

It will be the floor mats again, mark me.

Fri, 08/12/2011 - 18:16 | 1555785 bid the soldier...
bid the soldiers shoot's picture

Now why didn't I think of that?

Fri, 08/12/2011 - 19:25 | 1555917 Eally Ucked
Eally Ucked's picture

Personally I prefer to use safe and reliable american high speed trains. I hope hypersonic plane will go into service shortly and we go to next generation of transportation.

Fri, 08/12/2011 - 21:15 | 1556136 HungrySeagull
HungrySeagull's picture

Hypersonic? Sitting in a plasma oven with no view while being cooked tenderly at warm while hurtling through the edge of space at the "Edge of the Coffin Corner -you pilots know where that is"...

No thanks.

Not with the TSA Security the way they are now. They make me wanna hurl. And you don't want that with this nasty reflux that needs demerol now and then. The least they can do is install stripper poles in them things and seperate them by sex. The bunnies in one section and the goddamn beefcakes in the other.

Sat, 08/13/2011 - 17:36 | 1557527 smiler03
smiler03's picture

I think you mean "the" high speed train. The one that averages 68 mph. 

Fri, 08/12/2011 - 17:34 | 1555685 BlackholeDivestment
BlackholeDivestment's picture

...that's called a Chinese Ricochet Biscuit. http://www.youtube.com/watch?v=FQz32DByt5U

Fri, 08/12/2011 - 17:41 | 1555697 SWCroaker
SWCroaker's picture

Just to cut them a little slack, imagine an automaker who only produced 54 cars; cars that operate at extremes conditions where there isn't a large pool of experience regarding how things can go wrong.  They would be chock full of undiscovered glitches not spotted in testing, that only show up when exposed to the true variety of real world conditions.  Chinas bullet trains are a slightly less extreme version of the US fleet of 6 (7 if you count Enterprise) Space Shuttles; remarkable vehicles but with a production run of 6, experimental vehicles in almost every sense. 

Not attempting to excuse egregious engineering gaffes if they're present, just saying that these types of trains are honestly at the sharp end of train technology, and it isn't surprising to see a small run of a new design have issues crop up.  Successfully avoiding problems in a small fleet run is a worthy goal, but one that in all likelihood even an infinite budget might not achieve.

As for dealing with issues, recall to fix is better than burying the need for a fix.

Fri, 08/12/2011 - 18:44 | 1555846 saulysw
saulysw's picture

Spot on. How about the A380 engines which has exploded on the wing, even after years of development and testing? These things are high tech and not 100% glitch free.

This article seems like a beat up, what exactly were they supposed to do? It's one of the few times I think Zerohedge has really missed the mark.

Sat, 08/13/2011 - 03:23 | 1556626 StychoKiller
StychoKiller's picture

I wish China and the Chinese all the success in the World, but ya got's to earn it, hubris is no substitute!

Fri, 08/12/2011 - 17:47 | 1555719 slackrabbit
slackrabbit's picture

Exactly

GDP number eveyone quotes:

tell me, ho do you produce gdp number wil =/- 0.1% accuracy all the time?

and people buy this shit!!

Fri, 08/12/2011 - 17:49 | 1555723 rosiescenario
rosiescenario's picture

" Oh wait, China is the BRIC that will pull the world out of the next recession. We keep forgetting."

 

...just another BRIC in the wall ...of worry, that would be.

Fri, 08/12/2011 - 17:58 | 1555742 americanspirit
americanspirit's picture

So far everybody appears to be focusing on the trains themselves. Can you imagine the quality of engineering and materials that went into the railbeds? Also, the Japanese have crews monitoring the state of every inch of railbed in Japan 24/7/365. Want to bet what the Chinese railbed inspection routine is?

Also, when I was a young and very stupid kid ( snide comments now being acepted) I used to put all kinds of things on the tracks to see what would happen. Never derailed a train, but once or twice I did bring one to a stop. Can't imagine that some Chinese kid somewhere in the boonies isn't looking at those high speed monsters and wondering - "what would happen if ...."

Fri, 08/12/2011 - 21:12 | 1556127 HungrySeagull
HungrySeagull's picture

Fuck that.

Look on you tube and see videos of very stupid kids playing around Overhead electric, third rail electric, lash up sets etc. Some of those damn kids oughta fucking fry just from being within a distance from those live wires.

 

A tip for you from one who used to live near Amtrack on the east coast.

At the track. Look both ways 4 times. No less than 30 seconds. Make sure you can see a mile each way. That damn 150 mph train will be on you before you hear it.

 

And also here in the fine United States of America, a man was killed walking on the track on his cell phone while HOLDING a PALM HAND hard on the other ear leaning away from the 0-0-0-0-0-0-0-0-0 Engineer was giving to him while in the big hole.

 

At least trains are good for killing off the weak and those stupids who should not be allowed to breed in this society.

 

Sat, 08/13/2011 - 03:26 | 1556630 StychoKiller
StychoKiller's picture

Not nearly enough Darwin Awards being handed out these daze!  Thank you, Nanny State™!

Fri, 08/12/2011 - 18:03 | 1555752 anynonmous
anynonmous's picture

found Leo's resignation letter

Thursday, August 4, 2011

http://pensionpulse.blogspot.com/2011/08/one-flew-over-cuckoos-nest.html

 

I parted ways with Zero Hedge and Tyler Durden today after I gave it to him for censoring me and allowing the clowns over there to constantly ridicule and insult me.

Fri, 08/12/2011 - 18:05 | 1555757 cranky-old-geezer
cranky-old-geezer's picture

Good riddance.

Now GW needs to go.

Fri, 08/12/2011 - 18:35 | 1555824 anynonmous
anynonmous's picture

When you think about it leaving or getting fired from ZH is pretty significant as it would drive huge traffic to your site

My guess is that GW and some others (much like your avatar) understand that.

Sat, 08/13/2011 - 16:12 | 1557456 IQ 145
IQ 145's picture

Remarkable. He sometimes seemed to parodying a fool; but apparently he simply was a fool. I like the part about buying Greek National Bank stocks; because they were undervalued by the market; you don't find that kind of reccomendation just everywhere.

Fri, 08/12/2011 - 18:10 | 1555769 sabra1
sabra1's picture

if i am correct, it was bombardier that built the train. maybe time to short that stock!

Fri, 08/12/2011 - 19:25 | 1555918 Bindar Dundat
Bindar Dundat's picture


China’s initial high speed trains were imported or built under technology transfer agreements with foreign train-makers including SiemensBombardier and Kawasaki Heavy Industries. However, Chinese engineers re-designed and further improved the internal components of the train in order for the train to run at much higher speed. China currently holds close to 1,000 local and international patents for high speed rail technology. Foreign trainmakers continue to sell certain components but no longer supply train sets for China's high speed trains[5] Most of the CRH train components are manufactured by local Chinese suppliers, with only a few parts imported.[citation needed]


Fri, 08/12/2011 - 18:11 | 1555770 bid the soldier...
bid the soldiers shoot's picture

If China is anything like America, they're just sayin' they have 54 bullet trains. Has anyone ever seen all 54 of them in the same place at the same time?

They probably only have 6, and they're recalling each one of them 9 times.

Fri, 08/12/2011 - 18:23 | 1555800 reader2010
reader2010's picture

Avoid Chinese products at all cost.

Fri, 08/12/2011 - 19:05 | 1555893 zorba THE GREEK
zorba THE GREEK's picture

If China implements quality controls, does that mean I won't be able to buy their lead painted toys for my children?

The kids will so disappointed. 

Fri, 08/12/2011 - 19:18 | 1555905 MoneyWise
MoneyWise's picture

I can tell ya, many "Analysts" have no clue what they are talking about, when they say "China Slow Down" Look!!! Imaging that Chinese are now 20%+ of total world population.. Did you know that???? And basically most of them was eating rise ( and still leaving on couple of $$ per week) and driving Bicycles just few years ago.. Chinese Market literally have Space Black hole capacity for many year to come.. China slow down? Right, from 400 mph to about 398 mph.. It will take another 10-15 years of Chinese growth revolution.. India? Little less than that but pretty much the same picture.. Slow down my A$$..

Outside of Major Chinese Cities still pretty much no mans land.. Lot's of work to do..

Fri, 08/12/2011 - 20:18 | 1556004 yourfather
yourfather's picture

Remember how the USSR was growing at a rate where there were analysts and forecasters that stated by 2014 the Soviets would take over the USA when it came to growth.

 

And then you think about the products and technologies that the Soviets developed during their race for modernization. What it showed you was that when it came to projects of national pride and importance, the USSR was just as capable of delivering. Sputnik is just one example, but what people don't discuss is that the type of development is hollow development. 

 

The point is that these GDP figures cannot be believed because we know that even in our developed economies where there is meant to be good corporate governance, they are not accurate. Now look at the Agents operating in China and the type of people who routinely cheat each other, lie to each other. Discussions with some of my clients include telling them: "If you go to China, make sure that you are extremely specific about what you want, the chemical composition of your product, the size and dimensions, because if they are given any leeway to modify, adulterate or copy your work and sell it off as their own, they will do it to you".

The sad thing is that the Mainland Chinese seem to think that this bulk deception of people is the way to advance. A good example of State Sponsored theft of IP is Huawei. 

Sure there may be a lot of buildings and infrastructure to build, but the fact is that what they're doing is developing these things based upon a rotten core of values and principles. 

Sat, 08/13/2011 - 12:53 | 1557195 Anarchist
Anarchist's picture

So the US never stole any technology? The list of technology the US copied is way longer than the list of natively designed technology. You would be hard pressed to name any major technological advance other than Microprocessors that was pioneered in the US. Even then many of the people involved were educated outside the US.

Sat, 08/13/2011 - 16:46 | 1557483 IQ 145
IQ 145's picture

Frankly, it seems to me to be a huge step forward for the Chinese now that they have discovered the concept, "Safety Concern".

Fri, 08/12/2011 - 19:29 | 1555920 FinalCollapse
FinalCollapse's picture

Twenty five years ago, there was a Midas commercial, in which tough guy says: "...better be good, before you get fast".

It applies to the Chinese bullet trains now. Maybe they should've paid the royalties to Europeans, instead of stealing their technology.

 

Fri, 08/12/2011 - 19:35 | 1555932 Dulcinea
Dulcinea's picture

+1

Fri, 08/12/2011 - 19:41 | 1555941 MoneyWise
MoneyWise's picture

At least Chinese love Gold and Silver, that's all I
care about, that's applies for Indians too :)))

Fri, 08/12/2011 - 21:05 | 1556114 Kynortas
Kynortas's picture

5kg Silver, 10oz Gold...ZH converted me

Fri, 08/12/2011 - 21:07 | 1556120 HungrySeagull
HungrySeagull's picture

I feel some congratulations for you. But wow. That much? I eye my stack and it's not much. I am happy to gain a few oz a day on trading.

Sat, 08/13/2011 - 16:24 | 1557465 IQ 145
IQ 145's picture

10-4 good buddy. Roger that. Everyday they believe in their gubbermint less and the future of their currency less; and every day they believe in Silver and Gold more. Works for me. Literally !

Fri, 08/12/2011 - 20:41 | 1556048 DaCounselor
DaCounselor's picture

The standard Chinese plagiarism/bastardization m.o. is not all bad.  I am very impressed what they have done with the game of checkers.

Sat, 08/13/2011 - 16:44 | 1557479 IQ 145
IQ 145's picture

 ! ! ?? uh; okay. checkers.

Fri, 08/12/2011 - 20:49 | 1556079 besnook
besnook's picture

i wish the usa had bullet trains to recall. the acela was recalled soon after its debut so the 1950s era brakes could be reworked.

Fri, 08/12/2011 - 21:06 | 1556115 HungrySeagull
HungrySeagull's picture

Actually the Acela train set in Amtrack was recalled on poor brakes or wheels Don't remember which. But cracks formed and they required all stop which did not sit well with Amtrack at the time.

Fri, 08/12/2011 - 21:05 | 1556112 HungrySeagull
HungrySeagull's picture

How do you say Banzai in Chinese?

We built and ran some steam and jet trains in our time. Some of which never truly hit the true maximum horse, drawbar effort or top speed.

I get riled with our poor crappy North East Corridor doing a piddling 120 mph when there is a whole NATION of 500+ CITIES that can ALL have corridors. Make em 300 mph trains and compete with airlines. That way when winter storms strike the media wont go all gaga breathing on the dozens of poor starving lemmings stuck on the plane tarmac.

 

Hell, what is Europe doing with 300+ mph trains and we aint seen shit in our land except a bit of reclaimed rights of way and a few re-habbed coaches.

Fri, 08/12/2011 - 21:16 | 1556139 trav7777
trav7777's picture

even better, they are taking railbeds and turning them into bike trails

Fri, 08/12/2011 - 21:29 | 1556166 Big Ben
Big Ben's picture

I never understood the mania for bullet trains. Why not just use airplanes? Airplanes are faster and the cost is roughly the same. And bullet trains are more vulnerable to terrorist attacks because with a bullet train you must guard all the tracks all the time. If a terrorist is able to blow up the tracks at any point the train will derail and lots of people will probably be killed. With airplanes you just need to make sure that no one sneaks a bomb onto the plane (which you also need to do with bullet trains).

I recently rode the maglev train to the Shanghai airport. It was very sleek, very fast and was about 80% full when I rode it. But supposedly it is still losing a lot of money.

Sat, 08/13/2011 - 12:55 | 1557181 Anarchist
Anarchist's picture

The only thing more efficient than a train is a very large ship. China is not like Europe with its extensive navigable river systems. The Chinese know that planes are a dead end once fuel prices go out of sight. The bullet train is the only way to cover large distances in a reasonable time frame. The trains also do not carry fuel. They are powered by the grid. Freight will also be able to use the tracks too. The US is F’d since its cities were never designed for mass transit. It is impossible to get people out in the Burbs to the rail heads cheaply or quickly.

Sat, 08/13/2011 - 13:47 | 1557290 zerozulu
zerozulu's picture

Train takes one tonne of load one thousand mile with one gallon of fuel.

Sat, 08/13/2011 - 19:05 | 1557692 Anarchist
Anarchist's picture

A large ship beats that by many times more.

Fri, 08/12/2011 - 21:44 | 1556192 yourfather
yourfather's picture

Well, Japan hasnt had a single fatality since starting its bullet train network. 

Fri, 08/12/2011 - 22:22 | 1556266 KickIce
KickIce's picture

Bastards steal our trade secrects (and still can't come up with a decent product on their own) and then in the next sentence talk about honor in paying off our debt.

 

Sat, 08/13/2011 - 13:02 | 1557214 Anarchist
Anarchist's picture

The US stole most of its technology and top scientists from Europe. Name one major technological advance developed in isolation by the US? Name one famous American mathematician, physicist or scientist? The US was way behind Europe technologically until the 1940's. Germany's stupidity drove hundreds of scientists into the Wests hands. The final big advance came when the US, England, Russia and France stripped Germany and Japan of it's scientists.

Sat, 08/13/2011 - 16:36 | 1557473 IQ 145
IQ 145's picture

You're so completely ignorant of the history of science and technology that there is really no point in replying to you; but for the sake of the readers and nodders here who might not have studied the history of technology you are completely and totally and hopelessly wrong. To a laughable degree, really. You're describing a kind of alternate history that is very nearly the exact opposite of what actually took place.

Sat, 08/13/2011 - 19:00 | 1557685 Anarchist
Anarchist's picture

Name one major technological achievement by an American educated in US schools. The vast majority of modern technology was conceived by a European. Up till the 1940's Americans had to travel to Europe to get a first rate education in Math and Physics. The US has existed for hundreds of years yet it's technological development lagged behind Europe until WWII.

Sat, 08/13/2011 - 18:58 | 1557682 KickIce
KickIce's picture

It's called opportunity, we provided the an environment that stimulated innovation and many foriegn scientists welcomed that kind of environment.

Sat, 08/13/2011 - 19:09 | 1557690 Anarchist
Anarchist's picture

The only opportunity for most was working indrectly for the US military. The US only had 2nd rate Scientists until the Europeans came and started teaching. If you wanted a first rate education in math, medicine or physics you had to go to Europe. At the rate the rest of the world is turning out Phd's the US is headed for a big slide. The majority of Phd candidates at US schools are foreign nationals. Other than Chinese nationals, many Phd candidates had to come to the US because they could not pass the entrance exams to get into schools in Europe or their own countries.

Sat, 08/13/2011 - 01:53 | 1556534 Jovil
Jovil's picture

Check the value of your investments in relationship to one another using John Exter's Inverted Pyrmaid of Assets

 

http://lonerangersilver.wordpress.com/2011/06/08/john-exter%E2%80%99s-in...

Sat, 08/13/2011 - 15:31 | 1557417 roddy6667
roddy6667's picture

When you travel in China, one of the most startling things you see is a forest of cranes in every city, building at a furious pace.  You don't see this at all in the US. They are adding to their infrastructure as ours crumbles.

Sat, 08/13/2011 - 16:40 | 1557476 IQ 145
IQ 145's picture

A multistory building is not "infrastructure". The dictionary should prove helpful to you here. Also, I'm not impressed just because the currect hive mind meme is "don't just stand there, build stomething".  a.)so what. b.) it remains to be seen if this was a good idea.

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