They are run by engineers, who have achieved and maintained 100% industrial utilization by manipulating the exchange rate. That much is basically not in dispute.
How that will work out, long run, is an open question. Things are interesting.
Take for example the Shanghai stock exchange. One day they realized...holy shit, our stock exchange had an average PE ratio of over 100 and is falling fast...so they _ordered_ all companies to declare increased profits to bring the ratio down, while putting hard limits on stock sales...I don't even trust NYSE accounting, I sure don't trust Chinese company accounting.
Babes in the capitalist woods. This will end in revolution if they're not very careful.
Below cost dumping is a symptom of their deeper disfunction though. They think that somehow they will monetize down the road, never works out like that.
Solar cells and panels are commodity products. The day China tries to turn a profit on them, their profits dry up and production moves to S. America, Malaysia or some other destitute shithole.
Nobody can prove anything about _when_ he knew they were fakes.
But it's clear, he didn't _care_ if they were fake, so long as he had plausible deniability.
He thought his staff were competent enough to do a decent job faking, he was wrong. His staff forger was _blithering_ incompetent. She had one job, type a fake document, she used word.
The 'plausible' part became a bad joke, his job was over and more eyes were opened. If you ever mentioned 'proportional type selectrics', _know_ that your eyes were pinched shut.
No evidence of Chinese leadership's awsome planning.
They know how to do one thing: Manipulate their currency. In the next 10 years, they will learn that using exchange rate to maintain 100% industrial utilization is NOT a way to run an economy. Sure their industrial utilization is 100%, but they overpay, massively, for everything they get from overseas. Plus domestic perverse economic incentives, bubbles everywhere, build empty cities etc. Plus no experience in Africa, so actually expect returns on those investments. Rather they will get 'expropriation' and called 'colonialists'.
They're in for the rogering of the century. There are _no_ simple economic metrics that a nation can just target. Unintended consequences happen, babes in the capitalist woods.
A large part of the planning is rerouting other things. Which isn't free. More an issue shallower, but costs go up with depth, so tradeoffs with imperfect information.
Always surprises. They haven't always kept as good underground maps as they do these days.
One of the funniest things I ever saw was a great big dude lean over and start snoring 'at 11' while a VP was pontificating at 500 people. He wasn't clowning, he fell asleep...nobody wanted to wake him up though, it was too funny. VP just got madder and madder. Ended up with him yelling at us to wake the dude up, we still didn't really want to, but at that point he'd called us out, so we woke him up...slowly. That place sucked.
Your interpreting local conditions as being universal. In a sunnier, lower humidity environment it's hottest about 6 pm, while the sun is still baking and before the sunset breezes kick up.
But the full faith and credit clause of the constitution prevents states from inspecting out of state vehicles.
Some states require your car to never be louder than stock, CA just requires the parts to have CARB#s.
Which is why a CA car can be the loudest legal car in IL. It pisses the IL cops off, but their isn't _shit_ they can do about it. No IL car would be street legal in CA, not even the cop car. Worst the IL oinkers can do is call the CA DMV and try to rain shit on you.
Take the siesta clocked in, sitting at your desk. Duh. It's like showing up, even though insanely hungover. Why would you use a sick day to be useless? Be useless on the clock, you know you have coworkers that are useless on the clock EVERY DAY.
The trick is learning to sleep sitting up. Was my senior project in high school.
The real, and best, plan is keeping the Sunnis fighting the Shia until oil is irrelevant and they are all broke again. We just need to manage the stalemate.
Slashdot Mirror
Everybody has two rows of vestigial nipples. The first one looks like a tiny mole, the lower ones look like freckles.
IBM lawyers...
The dollar is priced on world markets. China has a currency peg and they're not afraid to use it.
They are run by engineers, who have achieved and maintained 100% industrial utilization by manipulating the exchange rate. That much is basically not in dispute.
How that will work out, long run, is an open question. Things are interesting.
Take for example the Shanghai stock exchange. One day they realized...holy shit, our stock exchange had an average PE ratio of over 100 and is falling fast...so they _ordered_ all companies to declare increased profits to bring the ratio down, while putting hard limits on stock sales...I don't even trust NYSE accounting, I sure don't trust Chinese company accounting.
Babes in the capitalist woods. This will end in revolution if they're not very careful.
Lots of factory Harley parts are made in China now. Don't believe the bullshit.
Side show. None of that will matter.
Below cost dumping is a symptom of their deeper disfunction though. They think that somehow they will monetize down the road, never works out like that.
Solar cells and panels are commodity products. The day China tries to turn a profit on them, their profits dry up and production moves to S. America, Malaysia or some other destitute shithole.
Traditionally, the White House Press Secretary doesn't want to know the truth. So nothing he or she says can technically be called a lie.
Worst informed person in any whitehouse.
Nobody can prove anything about _when_ he knew they were fakes.
But it's clear, he didn't _care_ if they were fake, so long as he had plausible deniability.
He thought his staff were competent enough to do a decent job faking, he was wrong. His staff forger was _blithering_ incompetent. She had one job, type a fake document, she used word.
The 'plausible' part became a bad joke, his job was over and more eyes were opened. If you ever mentioned 'proportional type selectrics', _know_ that your eyes were pinched shut.
Amtrak is in a catch-22. They can't shut down money losing lines because they need to votes from the empty states to keep up their subsidies.
The profitable/breakeven parts need to be privatized or spun to a NGO. The rest needs to be shut down, yesterday. It's a useless money pit.
Thanks for the warning. I'll make sure to avoid that pile of saccharin ('thinking they were the Beatles').
No evidence of Chinese leadership's awsome planning.
They know how to do one thing: Manipulate their currency. In the next 10 years, they will learn that using exchange rate to maintain 100% industrial utilization is NOT a way to run an economy. Sure their industrial utilization is 100%, but they overpay, massively, for everything they get from overseas. Plus domestic perverse economic incentives, bubbles everywhere, build empty cities etc. Plus no experience in Africa, so actually expect returns on those investments. Rather they will get 'expropriation' and called 'colonialists'.
They're in for the rogering of the century. There are _no_ simple economic metrics that a nation can just target. Unintended consequences happen, babes in the capitalist woods.
A large part of the planning is rerouting other things. Which isn't free. More an issue shallower, but costs go up with depth, so tradeoffs with imperfect information.
Always surprises. They haven't always kept as good underground maps as they do these days.
One of the funniest things I ever saw was a great big dude lean over and start snoring 'at 11' while a VP was pontificating at 500 people. He wasn't clowning, he fell asleep...nobody wanted to wake him up though, it was too funny. VP just got madder and madder. Ended up with him yelling at us to wake the dude up, we still didn't really want to, but at that point he'd called us out, so we woke him up...slowly. That place sucked.
Your interpreting local conditions as being universal. In a sunnier, lower humidity environment it's hottest about 6 pm, while the sun is still baking and before the sunset breezes kick up.
A few of the dumber freshman, maybe...
Exhaust pipe, but you gotta have a remote throttle. Having you wrenching buddy work the gas for you would be _gay_.
Those state regs _are_ contradictory.
But the full faith and credit clause of the constitution prevents states from inspecting out of state vehicles.
Some states require your car to never be louder than stock, CA just requires the parts to have CARB#s.
Which is why a CA car can be the loudest legal car in IL. It pisses the IL cops off, but their isn't _shit_ they can do about it. No IL car would be street legal in CA, not even the cop car. Worst the IL oinkers can do is call the CA DMV and try to rain shit on you.
Take the siesta clocked in, sitting at your desk. Duh. It's like showing up, even though insanely hungover. Why would you use a sick day to be useless? Be useless on the clock, you know you have coworkers that are useless on the clock EVERY DAY.
The trick is learning to sleep sitting up. Was my senior project in high school.
Practice started before the invention of AC. Too hot to work, so take a nap.
GP only sees half.
The real, and best, plan is keeping the Sunnis fighting the Shia until oil is irrelevant and they are all broke again. We just need to manage the stalemate.
Shwayze Train!
Water table. It's less of a distinction than for tunnels that have to hold vacuum anyhow. Sure makes the digging part more complicated.
Definitely an issue in NYC.
Not a problem != problem that can be surmounted with huge expenditures and careful planning.
The phrase you are looking for is 'Not impossible'.
On a company's balance sheet, anything liquid, like a publicly traded stock or REIT is 'cash equivalent'.
Might be wise to learn what 'cash' means to accountants. It's about liquidity. There is no Scrooge McDuck swimming pool full of currency.
If they could find a better place than treasuries/REITs to park it, they would.
They should pool their money and buy a small, relatively poor nation (Bulgaria?), then buy a few nukes, then just let the IRS try and tax them.