64+ million vacant real estate properties in China = biblical housing bubble bust event. You don't want to be anywhere near that place when it blows up.
This whole fucking planet is going to go haywire, you realize that?
Let me just remind you;
It's Only Money!
Besides, we now have, with all our modern technology, all the toys we need that we already bought to keep us entertained while we wait out the complete and total worldwide economic collapse.
You think so Michael? It's a crap-shoot at this point. Be interesting to see hwo the balance of power lines up, what th egood earthdoes, if/when the sun CMEs..... i think the proles need a little divine providence.
But don't fret sheeple, American Idol will be on again at it's regular time and place so you can make believe all is well and there is 'peace in our time'. False peace, after all, would indicate there is some great source of deceit and error in the world that everyone is missing....like the kind SATAN HIMSELF brings to our world before destruction rains down upon the oblivious masses.
Do you really think the Chinese are interested in MONEY? Because they ultimately are not since money is just a means to the primary strategic objective of POWER AND CONTROL and this will eventually be finalized through military means of apocalyptic scale:
Well maybe they think Nibiru is going to hit in the Pacific so they have built housing in the interior of China to move their people before the 300 ft. wave hit
If you build something potentially useful you convert sweat and materials into a value-added asset.
When you repave roads that don't need it or shoddily repair bridges or buy more weapons that is I think a bigger problem - basically a lack of any purpose or vision.
Uh.. moussolini adopted it FAR FAR after it was used by our gov't. It means strength through unity, i.e. UNITED states.. it didn't mean fascism until after WWI and mousolini..
THe US not only invented war and inflation but now also invented fascism even though these people are not fascist.
Please, without nationalism there is no fascism and it is obvious to a 10yo these people are working towards one world order which is obviously the diametric opposite.
one of the links from Pure Evil said it was a Roman symbol used by Roman government to convey strength and power...odd the US adopted it along with Mussolini
there a fascist symbol on the five dollar bill and the mercury dime
The fascists didn't come up with that symbol. They stole it from the Romans. An axe surrounded by the rods or fasci were the symbol of power that accompanied a consul as a symbol of his office and power. They were carried by lictors, who served as body guards and escort for the consul.
I don't want to put words in his mouth, but maybe he wants to buy whatever the fuck kind of light bulbs or cars that he wants to? Maybe he wants to smoke in his own home? Maybe he wants to use salt on his food...and decide what he wants to eat...and he doesn't give a fuck how many calories and grams of fat are involved? Maybe he doesn't want his kid to get force fed school cafeteria offal because some administrative fuck doesn't think the lunch he prepared for his kid meets the school's 'standards'? Maybe he doesn't want his emails read by some computer at the NSA looking for keywords that will trigger an investigation by the Secret Service because he hates our asshole president? Maybe he doesn't want some TSA asshole jerking off to recordings of his wife's x-ray scans at the airport after hours? Maybe he doesn't want cops breaking down his door in a no-knock raid without a warrant? Maybe he doesn't want the fuckhead president of the USA deciding which US citizens can be killed by a Hellfire missile without so much as an indictment, let alone a trial? Maybe he doesn't want some fucking senator that can legally profit from insider trading author a bill of attainder law to tax the living shit out of somebody who has decided to leave these peaceful shores behind? I don't know, but I would rather fix all these problems (caution: some bloodshed may be involved) than leave the country that these motherfuckers are trying to take over and destroy. If you like the above shit, maybe YOU should leave...say for the People's Republic of China or Iran?
You acknowledge that the U.S. is the most high tech surveillance based police state in human history. You acknowledge that the constitution is dead.
And your solution is to STAY and insult anyone leaving for a country that is not an authoritarian police state? Yea! Fuck those people moving to New Zealand, we should stay here and live in fear of arbitrary death by our masters in this terror based police state state!
Oh, you're going to "stay and fight." Fight whom? The police? Government employees? Your neighbors, most of whom fully support the police state?
You are deluded. Americans by and large support the TSA, DHS, assassination of Americans, torture, wars of aggression, empire building, and our military budget. They love Jack Bauer and Barak Obama, not Thomas Jefferson and Ron Paul.
The are building the largest dam and river/canal system the world has ever seen. That concrete isn't all going into condo tower speculations-they are turning it into megawatts.
Hydro electric power is probably the one thing a centrally planned government will be best suited to deliver. The US hasn't built anything of substance since our last brush with economic disaster. Government has the ability to cut through red tape at least as well as Teneo when it needs to. If not for hrydro power in CA we would be in far worse shape than we already are. But we haven't added anything of substance to the grid in over 40 years. It's the best bang for the buck imo.
The future solution to modernize the power grid in the US is going to come from skittle shitting unicorns (whilst carefully protecting the natural habitats of the blue footed bobbies & twink toed newts)...
And they built the biggest crane on earth, 20,000 ton, mostly used by oil companies all over the world to put floating drilling rigs together (Deep Water Horizon type).
What is for sure is they are using a lot of (TRANSIENT USE OF) concrete for this national tunnel/bunker program.
This was built more-or-less in secret, for a couple of decades, on a more modest scale, and has only become open knowledge as it's scale and construction activity became so large that it could no longer be hidden or down-played.
Who knows how much more they intend to build.
The original 'Great Wall' began as several smaller lower and shorter walls that were scaled-up over decades and centuries, so this most probably is following a similar process of expansion and increase in strategic depth (to buy response time to any attack).
(Note that Beijing didn't build this massive complex in order to defeat an attack by pesky nano-bots. Nukes are not 'obsolete', any more than bullets were made obsolete by guided missiles ... bullet tech is how old again? ... so they'd be obsolete now, right? ... i.e. the age of a technology makes no actual difference. ... shoeless goat-herders using AK's and handheld rockets with iron sights, that were designed during the early 1940s, are still kicking the NATO's arse, today.)
Why, concrete is the cheapest commodity per unit of banking system leverage. Pour concrete = create collateral = loan growth = nominal gdp groth = back slapping at the comrade HQ.
I noticed that the countries that are next after Saudi Arabia and China happen to be Greece, Spain, Italy and Portugal. So maybe their problem was that their bubble just wasn't big enough.
Those middle east skyscrapers probably had a shitty concerete mix with some sea water in the water. The u.s. uses playwood crap and stucco thrown together by illegals.
The only thing Saudi Arabia and China have in common is quick execution of anyone who speaks out against the government. One chops off your head, the other puts a bullet in back of it. Same result. One less dissenter, and a graphic example for any possible others with like minds.
Yes, the euro crisis and market declines had me worried, but a facebook IPO can and will save the world economy. It is Social Networking that will turn the world economy around. CNBC says so, I believe that unbiased bastion of news and analysis of the world markets!
What a beautiful sight in his wild blue dream The eternal child leafs through his War magazine And his kind Uncle Sam feeds ten trillion in Change into the total entertainment Combat video game And up here in the stands The fans are goin' wild The cheerleaders flip When you wiggle your hip And we all like the bit when you take The jeans from the refrigerator and Then the bad guy gets hit And were you struck by the satisfying Way the swimsuit sticks to her skin Like BB gun days When knives pierce autumn leaves But that's okay to see the children bleed It'll look great on the TV
Without mixing and pouring and mixing and pouring, you have 1 billion angry peasants to deal with. At least China inflates their bubbles with their own money, unlike US!
It appears that China and Saudi Arabia have got way more construction going on than each citizen can afford, based on GDP averaging for the population.
Be careful with the concept of what a population can afford. How much can America "afford"?
The correct answer, of course, is zero. We are borrowed to the hilt....but Japan is much worse by any convential measure of "affordability".
China & Saudi Arabia present an almost perfect contrast of how you might view "affordability".
The Saudi's don't have to produce much per capita to keep things rolling along, especially with oil prices high. The Chinese, on the other hand, are constantly worried about everyone having enough to eat. Yes, things are much better for many, a little better for most, perhaps, but there are still many in the interior who live with very little that is modern. Life is rough and brutal for much of the rural population. They have such an incredible need, and for now, they can finance their incredible growth. They have a long way to go (grow) before they have as much debt per capita as we do.
GDP= (in part) Dumb amount of concrete per person = Big assed lie.
Kind of like fiat currency, instead of printing, they build to spread the image of prosperity and employment. I bet you have read about the empty cities in China.
No no no, they are back up cities. See, the Chinese are preppers and they foresee nuclear war in the future. The empty cities will be filled with survivors.
I'll take your word for it and go with bu jin...lol.
Along with a few armed guards, to make sure the peasants stay out of all those brand new, very vacant concrete buildings, that everyones been pointing to as proof of Chinese growth.
One can never have enough guards guarding nothing.
/////////////////////
Lest anyone think my views on the stupidity of "government action" is confined to communists...this, in it's entirety:
"The Pentagon was inundated with so many studies in 2010 that it commissioned a study to determine how much it cost to produce all those studies.
Now the Government Accountability Office has reviewed the Pentagon’s study and concluded in a report this week that it’s a flop."
In other words...the GAO studied viability of the studies of studies...lol.
"The study of a study of studies began in 2010 when Defense Secretary Robert Gates complained that his department was “awash in taskings for reports and studies.” He wanted to know how much they cost.
Two years later, the Pentagon review is still continuing, which prompted Congress to ask the GAO to look over the Pentagon’s shoulder. What they found lacked military precision.
The GAO found only nine studies that had been scrutinized by the Pentagon review, but the military was unable to “readily retrieve documentation” for six of the reports.
The Department of Defense’s “approach is not fully consistent with relevant cost estimating best practices and cost accounting standards,” the GAO concluded. In fact, they often did not include items like manpower, the report found.
The Pentagon “partially concurs” with the GAO’s report.
The cost of the study of the study of the studies was not available from the GAO.
The only time in my life I've been in favor of some sort of regulation...I now find that regulating studies of studies studies would cost more than the initial studies being studied...the regulations required to study studies need a little study perhaps.
But surely they can't form a view without the results of the study for missing manpower for the study that studies the costs of the studies that study well, everything else?
lol...I think we've "studied" this enough and can conclude with metaphysical certainty that all that is required to end the farcical nature of endless bureaucratic studies of studies is one simple word.
Ancient Chinese citizenism secret: roadside excreta used as to filler in concretions, helping the blobbing up low costings volume being.
Technique augmenting judiciously of spending renminbi the lessening. Savings much in the bringing of good fortune and green hat, with lucky number being 1679, in rear as for complicated habit lag.
The dung beetloid nature of Chinese citizenism is eternal, being with unpleasant smelling.
I'm sure there are some 'crapped up roads somewhere in China but in 5 trips I haven't seen them. Last visit I went the equivalent of Vegas to Salt Lake in 3 hours...800+ km...lots of cement in that fast trains infrastructure. Saw lots of complicated overpasses. I thought to my self then...shit they must be using LOTS of concrete. I am aware of the cities with no people but what I have seen of China...and not just the coast..is a lot of building and a lot of people.
The Chinese are not afraid to admit they have prejudices and that they feel superior to others. I have yet to meet one that was not proud to be Chinese. Like Amy Tan's mother in one of her novels who says "Chinese torture...best torture!!!" They may not feel bad about rioting against their leaders but I would not mess with them as a lot...anyway..yep..lots of concrete being used over there.
I'm sure there are some 'crapped up roads somewhere in China but in 5 trips I haven't seen them.
Of course not. You spent time among the people of China, who are in all essential ways like other people of the world. The roadside crapping is an offense of Chinese citizenism citizens, and the people of China, like all decent human beings, are disgusted by it.
The Chinese are not afraid to admit they have prejudices and that they feel superior to others. I have yet to meet one that was not proud to be Chinese.
They have good reason to be proud. Theirs is an enduring culture and, while all cultures have imperfections, Chinese culture has made many contributions to the advancement of humanity. It stands to reason that the people of China probably have more disdain for the loathesomeness of Chinese citizenism citizens than anyone.
No doubt the Chinese are using plenty concrete to build infrastructure. The stats are per capita though and China is off the charts despite their largest population. That is alot of concrete even considering the mega projects.
That had to be one of the funniest parts of the movie! Thanks for making me smile! Or what about the part where he talks about killing those commie bastards to Sam ????
It is the absolute tragedy for the USA. The former illegal immigrants had become the masters of their land; the ultimate masters. The people who wanted to collaborate with the Jews to become “Pharaohs” had the same bad luck. The greedy “locust” of the Asiatic desert swapped the USA and left absolutely nothing standing. The formerly rich people of the New World have been drained of their money to such a degree that they have passed the point of poverty and are headed towards starvation. The Americans now experience desperation and trust in God. Poor and hungry people gather around the fire to warm and cast their eyes up to heaven as their last hope. These are the former planet leaders.
Good thing Facebook will save the world tomorrow...
Damn, Saudi Arabia is ahead of China in concrete production? When do we see an article about the Saudi bubble?
So, what are the Chinese building?
A new wall?
Or, a vault to hold all their gold purchases that's impervious to even the most determined nuclear tipped bunker buster?
Wouldn't want the fascist US government to pull a reverse Goldfinger.
WTF is wrong with you? Why don't you live over there of the USA sucks so bad?
What's wrong with me?
Someone pushed my \Sarc button and I'm stuck in replay mode.
Nothing wrong with a little sarc, or speaking your mind.
I'm only speaking truth to power.
If the US isn't fascist, then why are these fascist symbols hanging on either side of the Speakers Podium in Congress?
Fasci and Fasci
And why is there a fascist symbol on the five dollar bill and the mercury dime?
dime and five (look to the left of Lincoln, black eagle)
Not complicated.
People working towards one world order can't be fascist.
Nationalism is what separates fascism from other totalitarian governments.
Of course it is beyond idiotic at face value anyway.
Actually insults anyone who has really suffered under oppressive tyranny.
Likewise all forms of governance go from less to more but who gives a shit?
Zerobrains loves and adores the oxymoronic concept of globalist fascists and that is not stopping in anyone's lifetime around here.
and why would that be? Why wouldn't they be using the more apt communist or marxist state?
May have something to do with brainwashing from the fetus to the grave promoting left wing ideology.
Thanks oh smartest ape on the blog, please illuminate all, we were so lost until you lighted the way lucifer of the morning.
As muppets we have oh so difficult time discerning between which adjective should precede totalitarian form of government.
Oh exalted one please ruminate more on the very nature of existence.
Only speaking truth to power.
The real trouble is discerning that almost all forms of government go from less to more.
Since everyone knows I am the biggest moronic imbecile on planet earth and get it,
it is totally shocking people who would notice minute symbols on a coin don't know the definition of a simple word they toss around like a football.
But thanks for playing.
Plus one for being honest.
That chart looks like a pissed off frog...
The chart looks realistic......please. The Saudis and China have all the usage.
We, (the US) are very near the bottom.
No wonder people in America drive on Bridges and land in the river.
One just needs to look at India, way down there on both axes, to understand the gret lie that the India story has been.
Especially frightening, and not funny at all, is that we are perhaps doing as much if nto more building as China.
Just using 1/10th the cement! *shudder*
And I'd imagine US cement consumption would be historically lower because of so much wood used in housing?
ori
whither-india
64+ million vacant real estate properties in China = biblical housing bubble bust event. You don't want to be anywhere near that place when it blows up.
I heard some Japanese might be moving in.
ori
Hi ORI,
OT
The reason why the worlds monetary systems weren't collapsed in 2008 was because it wouldn't take out all the worlds oligarchs in on shot.
In 2012 it will, now that we're finished with our preparations.
My only comment about the Facebook IPO;
It should be a Penny Stock.
P.S.
Facebook banned me years ago, I think about the time of the first Ron Paul campaign when I was a RP 2008 group organizer.
That not withstanding, Facebook should still be a Penny Stock.
This whole fucking planet is going to go haywire, you realize that?
Let me just remind you;
It's Only Money!
Besides, we now have, with all our modern technology, all the toys we need that we already bought to keep us entertained while we wait out the complete and total worldwide economic collapse.
It's Only Money!
Its a whole lot better than that. It's not 'money' at all.
"It's Only Currency", an abstract (and fraudulent) representation of money.
Who needs currency if you've got money (capital)?
Don't you have some delegates you should be helping round up?
Or is RP just plain out of the race?
As I said, all preparations have been made.
Not out of the race. Focusing on delegates directly.
You think so Michael? It's a crap-shoot at this point. Be interesting to see hwo the balance of power lines up, what th egood earthdoes, if/when the sun CMEs..... i think the proles need a little divine providence.
But then, I believe it is a-coming. :-)
ori
Those preparations aren't financial in nature, they are military.
The reason China is using so much concrete is because THEY ARE BUILDING SPARE CITIES, presumably for use after the dust settles from the nuclear war against the Capitalist West Russia and China have been planning all along.
But don't fret sheeple, American Idol will be on again at it's regular time and place so you can make believe all is well and there is 'peace in our time'. False peace, after all, would indicate there is some great source of deceit and error in the world that everyone is missing....like the kind SATAN HIMSELF brings to our world before destruction rains down upon the oblivious masses.
Hey....but I'm just crazy, right???!
If the Chinese have a problem with the USA over a monetary dispute and attack us militarily,
We can drop a few bunker buster bombs on their beautiful Three Gorges Dam any time of the day or night and at any time we need to.
What is the most beloved alphabet soup agency of the federal government?
Can somebody help me with this?
Where do it's successors stand?
The Chinese could target Yellowstone and America would be covered with 10 feet of volcanic ash.
Monetary dispute?!
LOL!
Do you really think the Chinese are interested in MONEY? Because they ultimately are not since money is just a means to the primary strategic objective of POWER AND CONTROL and this will eventually be finalized through military means of apocalyptic scale:
http://www.youtube.com/watch?v=621kb9seuf8&list=PLE4459C280C37FAD2&index=4&feature=plpp_video
Well maybe they think Nibiru is going to hit in the Pacific so they have built housing in the interior of China to move their people before the 300 ft. wave hit
If you build something potentially useful you convert sweat and materials into a value-added asset.
When you repave roads that don't need it or shoddily repair bridges or buy more weapons that is I think a bigger problem - basically a lack of any purpose or vision.
No wonder people in America drive on Bridges and land in the river.
That's an American tradition. I think it was Ted Kennedy who started it.
Not 2 get 2 Rorschach on ya, but 2 me it looks like 2 asymmetrical nipples, a buncha herpes sores, & a giant horizontal vagina.
Yes, I can see that now.... ?
It helps if U turn your head sideways and stick out your tongue.
Like they say in China, ha ha, you make me raff.
Man who raff at funeral trying to stop coffin.
-Neoconfucius
Sorry about that, been away for a while. Tried it, turned my head sideways and stuck my tongue out, got arrested for being a complete loon.
It's better now...
I'm only replying to see how thin a reponse is at this point - 20 pixels?
You could buy a wider screen...
Uh.. moussolini adopted it FAR FAR after it was used by our gov't. It means strength through unity, i.e. UNITED states.. it didn't mean fascism until after WWI and mousolini..
So did Machiavelli.
Oh wait he predates the US by how many centuries?
THe US not only invented war and inflation but now also invented fascism even though these people are not fascist.
Please, without nationalism there is no fascism and it is obvious to a 10yo these people are working towards one world order which is obviously the diametric opposite.
But post it some more, that will make it true!
How is it a ZH hating crack whore douchbag can metamorph into a flatulent gassbag?
Been hanging around ole chuckie schumer lately?
The Romans created the Fasci, while Mussolini started the Fascist Party.
Plus, I think you should follow your own advice, "post it some more, that will make it true",
Or, would you like to spew some more oral explosive diarrhea masquerading as witty repartees.
It wasn't fascism then.. dumb fuck. It had a completely different connotation and you fucking know it. So take your bullshit tin foil ass and go home.
one of the links from Pure Evil said it was a Roman symbol used by Roman government to convey strength and power...odd the US adopted it along with Mussolini
thanks for the links Pure Evil...just when I thought my eyes couldn't be opened any further.
there a fascist symbol on the five dollar bill and the mercury dime
The fascists didn't come up with that symbol. They stole it from the Romans. An axe surrounded by the rods or fasci were the symbol of power that accompanied a consul as a symbol of his office and power. They were carried by lictors, who served as body guards and escort for the consul.
Roman republic, fool.
I don't want to put words in his mouth, but maybe he wants to buy whatever the fuck kind of light bulbs or cars that he wants to? Maybe he wants to smoke in his own home? Maybe he wants to use salt on his food...and decide what he wants to eat...and he doesn't give a fuck how many calories and grams of fat are involved? Maybe he doesn't want his kid to get force fed school cafeteria offal because some administrative fuck doesn't think the lunch he prepared for his kid meets the school's 'standards'? Maybe he doesn't want his emails read by some computer at the NSA looking for keywords that will trigger an investigation by the Secret Service because he hates our asshole president? Maybe he doesn't want some TSA asshole jerking off to recordings of his wife's x-ray scans at the airport after hours? Maybe he doesn't want cops breaking down his door in a no-knock raid without a warrant? Maybe he doesn't want the fuckhead president of the USA deciding which US citizens can be killed by a Hellfire missile without so much as an indictment, let alone a trial? Maybe he doesn't want some fucking senator that can legally profit from insider trading author a bill of attainder law to tax the living shit out of somebody who has decided to leave these peaceful shores behind? I don't know, but I would rather fix all these problems (caution: some bloodshed may be involved) than leave the country that these motherfuckers are trying to take over and destroy. If you like the above shit, maybe YOU should leave...say for the People's Republic of China or Iran?
A-fucking-men!
solid
that's how its done, time for you to get a new handle, maybe add waste
+100
Solid is melting and becoming liquid. Soon to be all gas!
…PD - the best right-on rant I have read in a long time that pretty much sums up the fuckedup shit that is going down in this wannabe fascist hood.
<3 you
Fucking Beautiful.
55/0... That is the most un-balanced karma I've ever seen.
Legit.
Ahhh Yeeeaahhh! Conservative porn baby! I need a cigarette...
Digg.
-1
You acknowledge that the U.S. is the most high tech surveillance based police state in human history. You acknowledge that the constitution is dead.
And your solution is to STAY and insult anyone leaving for a country that is not an authoritarian police state? Yea! Fuck those people moving to New Zealand, we should stay here and live in fear of arbitrary death by our masters in this terror based police state state!
Oh, you're going to "stay and fight." Fight whom? The police? Government employees? Your neighbors, most of whom fully support the police state?
You are deluded. Americans by and large support the TSA, DHS, assassination of Americans, torture, wars of aggression, empire building, and our military budget. They love Jack Bauer and Barak Obama, not Thomas Jefferson and Ron Paul.
+1,000 PD.....well said
Out-fucking-standing PD.
Very nice rant - bordering on a work of art actually.
The are building the largest dam and river/canal system the world has ever seen. That concrete isn't all going into condo tower speculations-they are turning it into megawatts.
Hydro electric power is probably the one thing a centrally planned government will be best suited to deliver. The US hasn't built anything of substance since our last brush with economic disaster. Government has the ability to cut through red tape at least as well as Teneo when it needs to. If not for hrydro power in CA we would be in far worse shape than we already are. But we haven't added anything of substance to the grid in over 40 years. It's the best bang for the buck imo.
Didn't you get the memo?
The future solution to modernize the power grid in the US is going to come from skittle shitting unicorns (whilst carefully protecting the natural habitats of the blue footed bobbies & twink toed newts)...
Or a damned cheap mode of transportation (inland shipping) or a mammoth water reservoir system ...
And they built the biggest crane on earth, 20,000 ton, mostly used by oil companies all over the world to put floating drilling rigs together (Deep Water Horizon type).
Here's a video of it:
TAISUN, biggest crane in the world assembles D90, biggest drilling rig in the world
They're still counting the concrete from the 3 gorges dam.
And it isn't all going into RE - this video might have something to do with China's exorbitant use of concrete:
--
China's "Underground Great Wall" tunnel network:
By 2011 this underground 'Great Wall' was reported to include 3,500 miles of large tunnels, and hardened bunkers, weapon stores, and launch pads:
http://www.youtube.com/watch?feature=player_detailpage&v=i5SAtz2uaZY
http://www.youtube.com/watch?feature=player_detailpage&v=A8KQWaLJn6M
What is for sure is they are using a lot of (TRANSIENT USE OF) concrete for this national tunnel/bunker program.
This was built more-or-less in secret, for a couple of decades, on a more modest scale, and has only become open knowledge as it's scale and construction activity became so large that it could no longer be hidden or down-played.
Who knows how much more they intend to build.
The original 'Great Wall' began as several smaller lower and shorter walls that were scaled-up over decades and centuries, so this most probably is following a similar process of expansion and increase in strategic depth (to buy response time to any attack).
(Note that Beijing didn't build this massive complex in order to defeat an attack by pesky nano-bots. Nukes are not 'obsolete', any more than bullets were made obsolete by guided missiles ... bullet tech is how old again? ... so they'd be obsolete now, right? ... i.e. the age of a technology makes no actual difference. ... shoeless goat-herders using AK's and handheld rockets with iron sights, that were designed during the early 1940s, are still kicking the NATO's arse, today.)
FWIW, that's consumption.
Why, concrete is the cheapest commodity per unit of banking system leverage. Pour concrete = create collateral = loan growth = nominal gdp groth = back slapping at the comrade HQ.
The Saudi's don't have bubbles. They do have oceans, rivers, & mountians. Oceans of oil, rivers of income,& mountians dolars.
Consumption, not production. Per capita.
Edited: "consumption" has been sufficiently pointed out.
Yeah really!
How much Bechamel Sauce would it take to make a pound of concrete edible? An awful lot!
Thank You Betty Crocker!
I noticed that the countries that are next after Saudi Arabia and China happen to be Greece, Spain, Italy and Portugal. So maybe their problem was that their bubble just wasn't big enough.
jekyll island :
Damn, Saudi Arabia is ahead of China in concrete production? When do we see an article about the Saudi bubble?
Damn good question I must say ...
Those middle east skyscrapers probably had a shitty concerete mix with some sea water in the water. The u.s. uses playwood crap and stucco thrown together by illegals.
If you're lucky. I looked at new townhome construction and the walls were full of recycled garbage as insulation.
Not even joking. I could have punched my way to the neighbors house. And I'm sure it isn't so good for sound proofing either.
The only thing Saudi Arabia and China have in common is quick execution of anyone who speaks out against the government. One chops off your head, the other puts a bullet in back of it. Same result. One less dissenter, and a graphic example for any possible others with like minds.
Actually no, SA is way behind China. The chart is per capita. China has way more people than SA.
Charts says China is outbuilding everybody else on the planet by a long shot ...and leaving USA in the freikin dust.
That's production folks. A lost concept in America.
Government bureaucracy and financial fraud have replaced production in America.
Consumption?
C-O-N-S-U-M-P-T-I-O-N dude...
Neocon-sumption
Yes, the euro crisis and market declines had me worried, but a facebook IPO can and will save the world economy. It is Social Networking that will turn the world economy around. CNBC says so, I believe that unbiased bastion of news and analysis of the world markets!
I love me some sarcasm in the evening. ;-)
Save The Cheerleader..Save The World
This species has amused itself to death..
What a beautiful sight in his wild blue dream
The eternal child leafs through his
War magazine
And his kind Uncle Sam feeds ten trillion in
Change into the total entertainment
Combat video game
And up here in the stands
The fans are goin' wild
The cheerleaders flip
When you wiggle your hip
And we all like the bit when you take
The jeans from the refrigerator and
Then the bad guy gets hit
And were you struck by the satisfying
Way the swimsuit sticks to her skin
Like BB gun days
When knives pierce autumn leaves
But that's okay to see the children bleed
It'll look great on the TV
Roger Watters 1991
That chart makes a sad face :(
The Snorg Tees girl with red hair is hot. Hey Tyler(s) - keep em coming. Make her busoms bigger and hips slightly smaller. Photoshopping it is okay.
Just stop the Kenyan born banner ads.
already saved the world today. Tomorrow we will be sober
That's solid evidence!
i'm struggling to understand what this evidences
someone 'hit me' with the obvious please?
Concrete per capita.
Germany, US and other developed nations with pretty advanced infrastructure are much lower producers of concrete per capita.
China has overproduced in relative terms which is what we've always suspected.
The production is not sustainable and yet, that production has been a bellweather for their overall growth and performance.
Without mixing and pouring and mixing and pouring, you have 1 billion angry peasants to deal with. At least China inflates their bubbles with their own money, unlike US!
We supposedly had alot of "shovel ready" projects as well .. I guess we didn't use much concrete for those.
It appears that China and Saudi Arabia have got way more construction going on than each citizen can afford, based on GDP averaging for the population.
Be careful with the concept of what a population can afford. How much can America "afford"?
The correct answer, of course, is zero. We are borrowed to the hilt....but Japan is much worse by any convential measure of "affordability".
China & Saudi Arabia present an almost perfect contrast of how you might view "affordability".
The Saudi's don't have to produce much per capita to keep things rolling along, especially with oil prices high. The Chinese, on the other hand, are constantly worried about everyone having enough to eat. Yes, things are much better for many, a little better for most, perhaps, but there are still many in the interior who live with very little that is modern. Life is rough and brutal for much of the rural population. They have such an incredible need, and for now, they can finance their incredible growth. They have a long way to go (grow) before they have as much debt per capita as we do.
Lot's of ways to read a chart ;-)
concrete production, consumes a lot of fuel.
GDP= (in part) Dumb amount of concrete per person = Big assed lie.
Kind of like fiat currency, instead of printing, they build to spread the image of prosperity and employment. I bet you have read about the empty cities in China.
Those aren't empty cities, those are ghost cities built for dead ancestors of chinese citizensims.
No no no, they are back up cities. See, the Chinese are preppers and they foresee nuclear war in the future. The empty cities will be filled with survivors.
Yep.
We are so in denial; our nation is on the slide down and accelerating fast...BTFD
Muppets need to start eating cement? ;)
Please, sir, I want some more,
(with a sprinkle of gold to make it more edible.)
+1 for 'Oliver'!
Concrete shoes
What are the Saudis doing? Prepping economy + society for their post-peak oil?
plugging holes.
Hydro power. Diverting rivers. Reactor cores. The usual stuff.
It's going to turn ugly when not a drop makes it to India.
Bomb shelters.
How do you say Do Not Enter in Mandarin?
bu jinlai maybe? Not sure if you'd put a lai/chu on it or just leave it as bu jin. I was taught here in America so I'm probably wrong anyway.
I'll take your word for it and go with bu jin...lol.
Along with a few armed guards, to make sure the peasants stay out of all those brand new, very vacant concrete buildings, that everyones been pointing to as proof of Chinese growth.
One can never have enough guards guarding nothing.
/////////////////////
Lest anyone think my views on the stupidity of "government action" is confined to communists...this, in it's entirety:
"The Pentagon was inundated with so many studies in 2010 that it commissioned a study to determine how much it cost to produce all those studies.
Now the Government Accountability Office has reviewed the Pentagon’s study and concluded in a report this week that it’s a flop."
In other words...the GAO studied viability of the studies of studies...lol.
"The study of a study of studies began in 2010 when Defense Secretary Robert Gates complained that his department was “awash in taskings for reports and studies.” He wanted to know how much they cost.
Two years later, the Pentagon review is still continuing, which prompted Congress to ask the GAO to look over the Pentagon’s shoulder. What they found lacked military precision.
The GAO found only nine studies that had been scrutinized by the Pentagon review, but the military was unable to “readily retrieve documentation” for six of the reports.
The Department of Defense’s “approach is not fully consistent with relevant cost estimating best practices and cost accounting standards,” the GAO concluded. In fact, they often did not include items like manpower, the report found.
The Pentagon “partially concurs” with the GAO’s report.
The cost of the study of the study of the studies was not available from the GAO.
http://abcnews.go.com/blogs/politics/2012/05/this-is-not-a-joke-government-issues-study-of-a-study-about-studies/
The only time in my life I've been in favor of some sort of regulation...I now find that regulating studies of studies studies would cost more than the initial studies being studied...the regulations required to study studies need a little study perhaps.
Nite ;-)
But surely they can't form a view without the results of the study for missing manpower for the study that studies the costs of the studies that study well, everything else?
without that, it's a farce, is it not?
lol...I think we've "studied" this enough and can conclude with metaphysical certainty that all that is required to end the farcical nature of endless bureaucratic studies of studies is one simple word.
No.
It looks like Chinese citizenism is blobbing up concretely.
Agent AnAnus Ho will not be amused ;-)
Maybe they're just repeatedly repaving over their crapped-up roadsides?
After all, Chinese Citizenism roadside squatting nature is eternal.
Ancient Chinese citizenism secret: roadside excreta used as to filler in concretions, helping the blobbing up low costings volume being.
Technique augmenting judiciously of spending renminbi the lessening. Savings much in the bringing of good fortune and green hat, with lucky number being 1679, in rear as for complicated habit lag.
The dung beetloid nature of Chinese citizenism is eternal, being with unpleasant smelling.
I'm sure there are some 'crapped up roads somewhere in China but in 5 trips I haven't seen them. Last visit I went the equivalent of Vegas to Salt Lake in 3 hours...800+ km...lots of cement in that fast trains infrastructure. Saw lots of complicated overpasses. I thought to my self then...shit they must be using LOTS of concrete. I am aware of the cities with no people but what I have seen of China...and not just the coast..is a lot of building and a lot of people.
The Chinese are not afraid to admit they have prejudices and that they feel superior to others. I have yet to meet one that was not proud to be Chinese. Like Amy Tan's mother in one of her novels who says "Chinese torture...best torture!!!" They may not feel bad about rioting against their leaders but I would not mess with them as a lot...anyway..yep..lots of concrete being used over there.
lasvegaspersona said:
Of course not. You spent time among the people of China, who are in all essential ways like other people of the world. The roadside crapping is an offense of Chinese citizenism citizens, and the people of China, like all decent human beings, are disgusted by it.
They have good reason to be proud. Theirs is an enduring culture and, while all cultures have imperfections, Chinese culture has made many contributions to the advancement of humanity. It stands to reason that the people of China probably have more disdain for the loathesomeness of Chinese citizenism citizens than anyone.
No doubt the Chinese are using plenty concrete to build infrastructure. The stats are per capita though and China is off the charts despite their largest population. That is alot of concrete even considering the mega projects.
The muppets are lining up now to buy some Facebook shares at midnight just like they do for the latest i-crap.
Forget about the concrete jungle the Saudis must be working on a concrete desert.
B?ngzhù m? qu?n
how much do i have to donate to ZH to get rich text formatting?
Have to remove special characters. Lets try this again. LOL
Bangzhu mu quan = Help Bitchezs
Comepletely sustainable.
Bunkers?
Bunksters for the Banksters.
"And where shall we build this city of ours?"
Rodney: "How about fantasyland!"
from 'Back to School'
To paraphrase St. Rodney:
'What are the two worst uses for real estate? Cemetary-es & golf courses.' Same thing, really.
--stolen from 'Caddyshack'
That had to be one of the funniest parts of the movie! Thanks for making me smile! Or what about the part where he talks about killing those commie bastards to Sam ????
Definitely a Rounded Top.
They've been busy beavers using all the dam concrete. Consider it an investment in electricity.
Asians hate beaver, I've heard. Not fonda cheese, either.
nice find
What's on the X axis, what's on the Y axis? (haha)
Forget the ladders and all those chinese jumping off with locked knees...
They are trying to hasten pole sift..
Heavy
The end of the world is near... The ten plagues of Pharaoh “have been brought upon” the USA.
http://eamb-ydrohoos.blogspot.com/2010/02/ten-plagues-of-pharaoh.html
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It is the absolute tragedy for the USA. The former illegal immigrants had become the masters of their land; the ultimate masters. The people who wanted to collaborate with the Jews to become “Pharaohs” had the same bad luck. The greedy “locust” of the Asiatic desert swapped the USA and left absolutely nothing standing. The formerly rich people of the New World have been drained of their money to such a degree that they have passed the point of poverty and are headed towards starvation. The Americans now experience desperation and trust in God. Poor and hungry people gather around the fire to warm and cast their eyes up to heaven as their last hope. These are the former planet leaders.
Authored by Panagiotis Traianou
Alexandros said:
Yes, as have the four itchy skin conditions of the Knights Templar and the three lower digestive tract disturbances of the Sanhedrin.
Verily, spastic days are upon us.
To top it all off we now have the many wordy ramblings of incoherent chinezetins.
No one shall be left unmolested from these foul fiends..
badda bing boys - china is doin' da jersey foot anchor - cement boots for all that don't follow the party line.
MUD BUBBLE,
http://www.bloomberg.com/news/2012-05-17/china-car-dealerships-struggle-...
Concrete and cars sitting on the lot. Oh yeah they are doing great.
Why so sad Mr. Chart?
Its a sad panda.