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Friday, August 13, 2010
How Many Countries Are There In The World
Monday, August 9, 2010
Saturday, August 7, 2010
10 Things That "Could" Happen If Oil Completely Runs Out
After the oil crash :Global Slowdown
Thursday, August 5, 2010
Chinese empty cities - Is China capable of sustaining economic growth
And how is it planning to do this ? It's gonna spend.
With enough financial resources china has got way too freedom to spent and built infrastructure.
We are all aware about china being the host in the
Yes, and we also know that china has built 2 most recognizable venues, the “Birds Nest Stadium” and the “Water Cube” expilicitly costing half a billion alone.
Not to mention the expenditures after the games the Chinese had to bear i.e over 9 to 12 million anually
Are Chinese people happy about this
Or are they even allowed to question about this.
The Chinese government is still not transparent about the way they spend the money.
Chinese people on the streets have a very little idea about how much the Olympics would have cost..
These were the points noted out by the Journalism Professor Zhan Jiang on
The very question that arises is that is any country legitimately spends $44 billion on the single event.
The answer is No they can't,
The main reason why china's stimulus spending is that unlike free market economies china is totally export based. It has been keeping it;s currency low in order to encourage it's exports.
the problem here is the Chinese economies has become so dependent on exports that with the decline of exports the surplus goods manufactured remain in stock nobody to buy.The surplus goods that are manufactured cannot be absorbed within the country as there is nobody there to buy them.
Unlike free market economies the y allow their currency to float due to which even if there is an exports decline the country can still be recovered as these goods can be absorbed into their own country.
On the other hand china gains an upper hand since hey are not constrained by the economics of their endeavors.
The year 2008 saw a major decline in the world economy causing china's biggest customers
The Chinese exports declined by 20% that year resulting in an enormous slowdown in their export-based economy.
The members of the Communist Party of China’s politburo would attend a meeting to deal with this crisis.
The government has created a stimulus measures in order to create a stimulus with the help of state sponsored companies in order to keep the economy from getting stagnated and thus continue to maintain social stability and order.
Along with this the govt. has created an industrial commercial overcapacity and imbalance in the estate market.
Which would begin to go out of control if the stimulus spending continues.
See South china mall
The mall 7 million sq ft retail and entertainment complex finished in 2005.
The mall is a mixed theme based with a
It’s nearly empty.
For how long will the govt. be spending on it's infrastructure and cities like this
If this policy succeeds i.e. if the economy recovers and the EU and
But what if not,
What if it takes more time for the economy to recover than expected, what if the exports dont go up and the world doesn’t demand for the Chinese products any more, then china is up for a big time
Then the stimulus spending would render Chinese into depleting its foreign reserves making its economy weak and stagnant or even negative
In the time of economic crisis the solution is not to stick to your position any way but to try and solve the problem which china has failed to notice. What ever the case may be the Chinese govt. is playing a narrow game
See more: China loses 20% of annual coal production every year
Tuesday, July 13, 2010
WHEN WILL "DEVELOPING" COUNTRIES BE "DEVELOPED"
Resources are limited and oil will run out
so the countries with most oil dependencies will suffer the most
but today the its a belief that if u wanna come up ahead you must excel in all the feilds that exist even if they are scarce
Ok suppose all the developing countries do get to that level of consumerisum suppose every country in the world is developed then what
by the time this happens none will be left for any body to consume or produces
The best way is not to go in that direction at all
Dont increase oil consumption, dont incease production cause it is going to slow down and eventually end as the oil prices rise and oil perishes
If you want to be developed increase the research on non oil sectors like solar electricity biofuels bio diesel and other enviourment friendly areas because if yo want to exist you have to be in line with the nature and not against it
These things have got future thats the new idea of being a developed country
The whole idea of a developed civilization has to change
The developed country is not the one who has the major hold over cars that run on petrol or production that causes pollution it has to be the one which has the least dependency on oil and is totally enviourment friendly the one which produces solar electicity, harnesses wind energy and water energy who progresses in research and development on enviourment friendly sectors