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Showing content with the highest reputation on 09/11/26 in all areas

  1. I am not meaning to be a sinophobe, but China is positioning itself to be a global superpower like no other. Like the many countries but more recent stark examples such as Japan, Korea, and Taiwan, they start with a cheap labour force and other factors of production and start manufacturing the basic goods.. almost commoditised types of goods. It is cheap, breaks and generally OK to throw away after a while But then they invest in technology and manufacturing processes and their cheap goods soon become durable and relatively high quality. You only have to look at the Chinese car manufacturing industry to see how that has come leaps and bounds in a very short period of time - about 10 years in major exports (yes, they have had a domestic car industry for much longer time and they have been exporting cars for a longer time, too.. but not at mass scale as today). Certainly in my life time, Australia never really enjoyed comparatively lower costs of labour or other factors of production. So we are always going to struggle to compete. Although there was a vibrant manufacturing sector, it was largely domestic.. Now, China is advancing into the high tech manufacturing and doing a good job of it. But unlike the other countries named, there are two major differences: the population and size of the economy as its wealth from exports increases.. and the government still has largely autocratic control and it decides on the allocation of resources, unlike western type economies where managers focusing on the short term share price and bonuses as a result decide the allocation of resources. And the Chinese government plans for the long term. With a cashed up government thanks to exports and control over industry, China is perfectly placed rise to be the (not a) global superpower. That is a little dramatic but not improbable. Sorry for the thread drift.
    2 points
  2. That should read Monday back in England is going to be fun. I was on a phone at the time, so I can only plead autocorrect (from a typo, anyway)
    1 point
  3. Hey babe; take a walk on the wild side.
    1 point
  4. Here is someone who has a plan to help people. I haven't seen the whole press conference, but we need more people in politics thinking like this: Note, it is mainly foreign shareholders that really benefit from the current arrangements and yes, business won't like it, but when there's enough money still to be made, they will stay Norway, Qatar, and a host of others have proved it.
    1 point
  5. No so good for union apparently https://www.abc.net.au/news/2026-11-09/live-updates-england-vs-wallabies-nations-championship/107351328?utm_source=abc_news_app&utm_medium=content_shared&utm_campaign=abc_news_app&utm_content=other And according to the article, England have beaten Australia 12 of yhe last 14 times. Money back in England is not going to be fun
    1 point
  6. You can see examples all over the World. China is in the best Position with a Large Population able to afford stuff. No one can Match them. Nev
    1 point
  7. My opinioon, from my experience, but not in road construction, is that it is the geology that makes constructing roads for heavy weights the problem. Over nearly all of the continent, the ground is sedimentary material. Very few places have the surface close to bedrock. That results in great difficulty building a sound base layer upon whihc to build a road. Also, the way we seal the surface of our roads is a compromise between cost and results. That's why we have our roads sealed with bitumen sprayed over gravel. Where the roads are made opf concrete, the failure rate os a lot less, but the cost per kilometre is much more.
    1 point
  8. Live a lot better, obviously. WAR is MADNESS. Nev
    1 point
  9. What would we do with all the money spent on defence if peace suddenly broke out?
    1 point
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