Friday, 8 March 2013

China has a problem

China is a growing economy, apparently the fastest growing Asian country at the moment. They are buying up all the metals in the world, huge quantities of scrap, in fact huge quantities of everything. So what are they doing with all these materials?

They are building towns & cities, roadways and infrastructure routes, shopping centres and business parks. So who are all the people who are populating these new settlements? Well, that's the problem. There aren't any!

All these new locations are empty and the reason why is the average wage is $2 a day, so the people cannot afford to move in.

Now how do we know about this? Some of these locations are now being dismantled so that the resources can be used elsewhere. This unfortunately can only lead to trouble on the streets and as we know with the history of the east, when people without guns meet people with them, there is only one result.

Going one step further, North Korea today [7-Mar-2013] has closed the communication line to the west that has been open for over 60 years. This is not a tantrum, and while the media are making a big thing of camouflage on public transport and public rallies in support of leadership, the most important point is lack of communication. Both sides are performing exercises at the moment and if one of those exercises touches another, there is now no way to scale back the operation, which means an automatic escalation.

This is not a good position to be in...

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