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China collapsing: Factories hit by massive strikes as economy tanks!

 
Anonymous Coward
User ID: 6213449
United States
11/29/2011 01:18 AM
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China collapsing: Factories hit by massive strikes as economy tanks!
Chinese factories hit by strikes amid manufacturing slowdown
November 28, 2011 | 1:23 am


[link to latimesblogs.latimes.com]
Anonymous Coward
User ID: 1498581
United States
11/29/2011 01:25 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
[link to www.marketwatch.com]

[link to www.marketwatch.com]

[link to www.marketwatch.com]


Asia markets are fine..
the markets will always be just fine...
Anonymous Coward
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United States
11/29/2011 01:26 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
whoa
Patrick Bateman

User ID: 5234612
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11/29/2011 01:27 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
lol, collapsing. I mean, they will have some terrible times ahead as our economy goes to shit and we stop buying shit manufactured in china. But collapsing? not yet.
Informz

User ID: 6086126
United States
11/29/2011 01:37 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
lol, collapsing. I mean, they will have some terrible times ahead as our economy goes to shit and we stop buying shit manufactured in china. But collapsing? not yet.
 Quoting: Patrick Bateman


Guess we are the black hole that everyone revolves around,
take it away and everything flies apart.
AnonyMouse Howard

User ID: 6179899
United States
11/29/2011 01:41 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Chicoms have social and economic problems that dwarf anything the U.S. or Europe have. They also have a government that will shoot anyone for talking about it.

We won't know what the truth is until the tanks are rolling across Tiananmen square.

Jim Rogers, who lives in China (I stand corrected: Singapore), said the debt collapse will move from Europe to Japan, from Japan to China, and finally from China back to the U.S.

a related story:
[link to www.bloomberg.com]

Last Edited by AnonyMouse Howard on 11/29/2011 02:32 AM
Mad Pole

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United States
11/29/2011 01:42 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
this is just the start, China will tear apart in the very near future.
Mommas youngest getting paper like the oldest one.. We living better guess God felt he owed us one.

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i was born a sweet lil babi but them staven streets raized me up crazy

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I always give 100% at work: 13% Monday 22% Tuesday 26% Wednesday 35% Thursday 4% Friday
Anonymous Coward
User ID: 1343978
United States
11/29/2011 01:43 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
this is just the start, China will tear apart in the very near future.
 Quoting: Mad Pole


China will be destabilized by the US internally just like Pakistan.
Patrick Bateman

User ID: 5234612
United States
11/29/2011 01:43 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
lol, collapsing. I mean, they will have some terrible times ahead as our economy goes to shit and we stop buying shit manufactured in china. But collapsing? not yet.
 Quoting: Patrick Bateman


Guess we are the black hole that everyone revolves around,
take it away and everything flies apart.
 Quoting: Informz


we do have a major impact on the world's economy, being the largest economy to ever exist in many ways.
Anonymous Coward
User ID: 2926765
United States
11/29/2011 01:45 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
I quit buying their stuff. Looks like it's working.....

The only electronics I've got is a laptop. No tv or stereo here. Instead of a Tomtom, I use a backpacking compass and a map. I ain't buyin their shit!
Anonymous Coward
User ID: 1549342
Portugal
11/29/2011 01:49 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
"collapsing" is drama but i remember reading many predictions about how China would get seriously hit sooner or later. Reduction of consumption in the West and a economy growing too fast...yes there is such a thing as an economy growing too fast, i dont know why because quite frankly i'm not into economics.
Zero Point

User ID: 3341144
Australia
11/29/2011 01:57 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Oh snap. I read somewhere that Chinese demand for raw materials was down around 10 percent.
hiding
This is bad.
Another public service announcement from the Southern Hemisphere Information Leveraging Locus.
Anonymous Coward
User ID: 1170013
United States
11/29/2011 02:05 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Don't eat me! Don't eat me! baby
Anonymous Coward
User ID: 961432
United States
11/29/2011 02:08 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Lets look at a typical product manufactured in China and then sold in America or Europe, an iPod. It costs about $300, of that $300, $200 goes to apple, another $98 goes to distribution chain and $2 goes to the Chinese corporation and labor that manufactured the product.

$2 for a $300 product. Of course things are falling apart, just like here they built everything on debt (financialized) that could never be paid off. The only ones getting wealthy off the "Chinese Miracle" are the global corporations exploiting their cheap labor and non existent environmental laws.
Anonymous Coward
User ID: 1109901
United States
11/29/2011 02:13 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
It didn't say anything about a collapse....they're striking because they're working too many hours


_
AnonyMouse Howard

User ID: 6179899
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11/29/2011 02:15 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
It didn't say anything about a collapse....they're striking because they're working too many hours


_
 Quoting: Anonymous Coward 1109901


"The strike at the plant owned by the Taiwanese Pou Chen Group came shortly after 18 managers were laid off because of declining orders" - Los Angles Times 11/28/2011

Last Edited by AnonyMouse Howard on 11/29/2011 02:17 AM
AnonyMouse Howard

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11/29/2011 02:19 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Oh snap. I read somewhere that Chinese demand for raw materials was down around 10 percent.
hiding
This is bad.
 Quoting: Zero Point


A related event:
[link to www.dryships.com]

BDI is in the tank.
Mukk1234

User ID: 6086307
Thailand
11/29/2011 02:21 AM

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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Chicoms have social and economic problems that dwarf anything the U.S. or europe have. They also have a government that will shoot anyone for talking about it.

We won't know what the truth is until the tanks are rolling across Tiananmen square.

Jim Rogers, who lives in China, said the debt colapse will move from Europe to Japan, from Japan to China, and finally from China back to the U.S.

a related story:
[link to www.bloomberg.com]
 Quoting: AnonyMouse Howard


Jim Rogers lives in Singapore.......just saying...
AnonyMouse Howard

User ID: 6179899
United States
11/29/2011 02:24 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Chicoms have social and economic problems that dwarf anything the U.S. or europe have. They also have a government that will shoot anyone for talking about it.

We won't know what the truth is until the tanks are rolling across Tiananmen square.

Jim Rogers, who lives in China, said the debt colapse will move from Europe to Japan, from Japan to China, and finally from China back to the U.S.

a related story:
[link to www.bloomberg.com]
 Quoting: AnonyMouse Howard


Jim Rogers lives in Singapore.......just saying...
 Quoting: Mukk1234


Thanks. I assumed it was China.
AnonyMouse Howard

User ID: 6179899
United States
11/29/2011 02:27 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Hey Mukk1234, what happened with the floods? Is everything cleaned up and back to normal?
Matrix
User ID: 1166681
Australia
11/29/2011 02:27 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Lets look at a typical product manufactured in China and then sold in America or Europe, an iPod. It costs about $300, of that $300, $200 goes to apple, another $98 goes to distribution chain and $2 goes to the Chinese corporation and labor that manufactured the product.

$2 for a $300 product. Of course things are falling apart, just like here they built everything on debt (financialized) that could never be paid off. The only ones getting wealthy off the "Chinese Miracle" are the global corporations exploiting their cheap labor and non existent environmental laws.
 Quoting: Anonymous Coward 961432


iamwith
Hence the carbon tax(environmental law) that those in the wast are seriously contemplating,... its a tariff on the sheople to stifle investment to hinder saving them and their Asian brothers.
FF@F

User ID: 6216626
China
11/29/2011 02:32 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Not claiming that I have a clue after 10 plus years living in China but as long my Chinese wife isn't making any statements of that things declining and nobody else in my direct surrounding isn't showing any signs of panic it's funny to notice the amount of info people dare to make who are most probably are getting their info from 'higher trustworthy sources' than a simple guy like me with it's finger a little bit closer to the pols than the guys who made their comments here.
GOD is nature....better get used to it.
Useful idiots...a Zionist wet dream!
Bloody hell ADL.....sue those
bastards (if not true).
[link to zapruder.nl]
FF@F

User ID: 6216626
China
11/29/2011 02:33 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Not claiming that I have a clue after 10 plus years living in China but as long my Chinese wife isn't making any statements of that things declining and nobody else in my direct surrounding isn't showing any signs of panic it's funny to notice the amount of info people dare to make who are most probably are getting their info from 'higher trustworthy sources' than a simple guy like me with it's finger a little bit closer to the pols than the guys who made their comments here.
GOD is nature....better get used to it.
Useful idiots...a Zionist wet dream!
Bloody hell ADL.....sue those
bastards (if not true).
[link to zapruder.nl]
MJ-13
User ID: 860177
United States
11/29/2011 02:43 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Poetic justice.
Anonymous Coward
User ID: 4383285
Korea, Republic of
11/29/2011 02:50 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Chicoms have social and economic problems that dwarf anything the U.S. or europe have. They also have a government that will shoot anyone for talking about it.

We won't know what the truth is until the tanks are rolling across Tiananmen square.

Jim Rogers, who lives in China, said the debt colapse will move from Europe to Japan, from Japan to China, and finally from China back to the U.S.

a related story:
[link to www.bloomberg.com]
 Quoting: AnonyMouse Howard


Jim Rogers lives in Singapore.......just saying...
 Quoting: Mukk1234


Marc Faber lives in Thailand.......just saying...
Anonymous Coward
User ID: 1325985
United States
11/29/2011 02:52 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
the whole world is tanking so it is no surprise that its consequences are being felt.
Mukk1234

User ID: 6084161
Thailand
11/29/2011 03:03 AM

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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Hey Mukk1234, what happened with the floods? Is everything cleaned up and back to normal?
 Quoting: AnonyMouse Howard


No, Bangkok is still having serious flooding problems. I am currently in Phuket which is an island. The water is receding but not very fast. Last week I was in Pattaya 1 hour outside Bangkok. Most of the people have gone there because there is no flooding there. I can tell you all the foreigners are in either Pattaya or Phuket because Bangkok is going to take a long time to dry out.
Zero Point

User ID: 3341144
Australia
11/29/2011 03:06 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
Oh snap. I read somewhere that Chinese demand for raw materials was down around 10 percent.
hiding
This is bad.
 Quoting: Zero Point


A related event:
[link to www.dryships.com]

BDI is in the tank.
 Quoting: AnonyMouse Howard


WOW! That graph needs a thread on it's own mate.
Another public service announcement from the Southern Hemisphere Information Leveraging Locus.
FF@F

User ID: 6216626
China
11/29/2011 03:11 AM
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Re: China collapsing: Factories hit by massive strikes as economy tanks!
the whole world is tanking so it is no surprise that its consequences are being felt.
 Quoting: Anonymous Coward 1325985


Would be strange when that wouldn't happen but until now things are still OK here. I do have read about problems occurring but not bigger problems as they have been before like the picture OP tries to portray here is absolute rubbish.
That is likely to happen when the shit completely hits the fan on the world market but until now....not yet. Sorry OP....try again in a few months from now but by then this GLP might be vanished due to what ever reason your government might decide to do for you guys.... Marshal law perhaps?
GOD is nature....better get used to it.
Useful idiots...a Zionist wet dream!
Bloody hell ADL.....sue those
bastards (if not true).
[link to zapruder.nl]
Judethz
Israel is Eternal

User ID: 5159851
United Kingdom
11/29/2011 03:23 AM

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Re: China collapsing: Factories hit by massive strikes as economy tanks!
lol, collapsing. I mean, they will have some terrible times ahead as our economy goes to shit and we stop buying shit manufactured in china. But collapsing? not yet.
 Quoting: Patrick Bateman


skidrowyellowshirt Oh yes it is, China is in severe economic trouble. Most people don't realise how serious it is because they keep a tight grip on the media. But a lot of people are hurting really badly.
Judethz
Israel is Eternal

User ID: 5159851
United Kingdom
11/29/2011 03:28 AM

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Re: China collapsing: Factories hit by massive strikes as economy tanks!
That is likely to happen when the shit completely hits the fan on the world market but until now....not yet. Sorry OP....try again in a few months from now but by then this GLP might be vanished due to what ever reason your government might decide to do for you guys.... Marshal law perhaps?
 Quoting: FF@F


9teen I know you, your a shrill that's been spouting the Chinese government line on GLP for a few years now.

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