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Old 12-02-2021, 01:47 PM
 
8,272 posts, read 10,983,290 times
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Interesting prespective on the massive mistakes of Xi Jinping.
Stop coal imports from Australia for a few words stated by an Australia diplomat.
Now China does not have enough coal.
Brownouts throughout China for lack of electricity.
Factories are affected.
Industry slowed down.


https://www.youtube.com/watch?v=uGzCQZUrs2k
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Old 12-02-2021, 05:11 PM
 
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Australia is in deep trouble, because it wants to be a lapdog of the US and act hostile to China.
Oh I heard Macron is mad at Australia too? C'est vrai?

Since China decided to increase domestic coal productions in October, coal price has dropped 50%.

https://www.reuters.com/business/ene...es-2021-11-12/

Also, Chinese people now view Australia as an extremely racist, hostile country (which is partly true IMO). Even the college degrees from Australia suffer a depreciation, particularly because a lot of low quality Chinese students (who would not be able to go to a decent college in China) attended college there.
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Old 12-02-2021, 05:47 PM
 
Location: Brisbane
5,058 posts, read 7,497,346 times
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Quote:
Originally Posted by Bettafish View Post
Australia is in deep trouble, because it wants to be a lapdog of the US and act hostile to China.
Oh I heard Macron is mad at Australia too? C'est vrai?

Since China decided to increase domestic coal productions in October, coal price has dropped 50%.

https://www.reuters.com/business/ene...es-2021-11-12/

Also, Chinese people now view Australia as an extremely racist, hostile country (which is partly true IMO). Even the college degrees from Australia suffer a depreciation, particularly because a lot of low quality Chinese students (who would not be able to go to a decent college in China) attended college there.
LOL, if you cant make a cohesive argument - play the racist card - Social media 101. This all happened because the Australian Government called for an independent enquiry into the origins of COVID, which did not even mention China.

Though i don't think any person with half a brain would think the current coal price is sustainable, look at the first chart.

The current futures prices is at $160 US a ton, a big decrease from October Sure, but even at that level its still almost double what is was 9 months ago.

https://ycharts.com/indicators/australia_coal_price

https://tradingeconomics.com/commodity/coal

Last edited by danielsa1775; 12-02-2021 at 06:33 PM..
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Old 12-02-2021, 06:41 PM
 
9,229 posts, read 9,751,529 times
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Quote:
Originally Posted by danielsa1775 View Post
LOL, if you cant make a cohesive argument - play the racist card - Social media 101. This all happened because the Australian Government called for an independent enquiry into the origins of COVID, which did not even mention China.

Though i don't think any person with half a brain would think the current coal price is sustainable, look at the first chart.

The current futures prices is at $160 US a ton, a big decrease from October Sure, but even at that level its still almost double what is was 9 months ago.

https://ycharts.com/indicators/australia_coal_price

https://tradingeconomics.com/commodity/coal
My argument has two parts.
One is about the coal price, and the other is about Chinese people's opinions on the country.
These two parts are both related to the current relation of the two countries, which is influenced by the US.
Anything else you don't understand?
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Old 12-02-2021, 06:47 PM
 
Location: Brisbane
5,058 posts, read 7,497,346 times
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Quote:
Originally Posted by Bettafish View Post
My argument has two parts.
One is about the coal price, and the other is about Chinese people's opinions on the country.
These two parts are both related to the current relation of the two countries, which is influenced by the US.
Anything else you don't understand?
Yes, why did you bring up racism?. Anything else you do not understand about my point? or do you simply not like people who disagree with you?
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Old 12-02-2021, 06:50 PM
 
Location: Taipei
8,864 posts, read 8,438,262 times
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“Taking down” is a tad overblown. Australia is far away and doesn’t project power. But it’s good that a major Western country now realises ignoring/fighting back China’s antics is way more effective than giving in. Australia is doing fine (Covid lockdowns notwithstanding) and is even running a surplus now despite rows with China. It used to be one of the largest deficit economies.
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Old 12-02-2021, 06:52 PM
 
Location: Taipei
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Quote:
Originally Posted by danielsa1775 View Post
Yes, why did you bring up racism?. Anything else you do not understand about my point? or do you simply not like people who disagree with you?
He can’t stand people disagreeing with him. Pay no attention to him.
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Old 12-02-2021, 06:59 PM
 
Location: Brisbane
5,058 posts, read 7,497,346 times
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Quote:
Originally Posted by Greysholic View Post
“Taking down” is a tad overblown. Australia is far away and doesn’t project power. But it’s good that a major Western country now realises ignoring/fighting back China’s antics is way more effective than giving in. Australia is doing fine (Covid lockdowns notwithstanding) and is even running a surplus now despite rows with China. It used to be one of the largest deficit economies.
The fact is Australia is not "Taking down" China in anyway, this decision to ban Australian Coal, was solely a decision by the Chinese Government in in effort to take down Australia, which has backfired on them in the short term.

Its the reason why the video maker makes reference to one of the most infamous decisions made by Communist china to kill all its sparrows, it was a crises purely of the Chinese governments own making.
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Old 12-02-2021, 09:08 PM
 
10,864 posts, read 6,467,480 times
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Gazprom will soon deliver natural gas to China,there is also Gazprom India in the work.
Australia once inhabited by criminals from England have always be bloody racists,the way they treat the aboriginals,and back in the 60s said 2 WONGS DONT MAKE A WHITE and limit the immigration of Asians who want to move to Australia.
Then of course,comes the industrialisation of China which made Australia awfully rich,its currency once surpassed the green back,its real estate market soared.and it kow tow China 24/7,2008 comes the crash and then it wanted the Chinese to go back to China instead of stealing jobs from the locals.
China has plenty of natural resources,it does not need Australia.
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Old 12-02-2021, 09:57 PM
 
Location: Brisbane
5,058 posts, read 7,497,346 times
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Quote:
Originally Posted by mojo101 View Post
Gazprom will soon deliver natural gas to China,there is also Gazprom India in the work.
Australia once inhabited by criminals from England have always be bloody racists,the way they treat the aboriginals,and back in the 60s said 2 WONGS DONT MAKE A WHITE and limit the immigration of Asians who want to move to Australia.
Then of course,comes the industrialisation of China which made Australia awfully rich,its currency once surpassed the green back,its real estate market soared.and it kow tow China 24/7,2008 comes the crash and then it wanted the Chinese to go back to China instead of stealing jobs from the locals.
China has plenty of natural resources,it does not need Australia.
Thats kind of rich comming from an American, the US supported slavery well beyond the timeline of the British empire (Australian never imported African Slaves, which is why we have so few Blacks), persecuted its own native population in exactly the same way we did, and also limited Asian immigration into the country well into the 1960's (the US actually started doing this some 20 years before Australia did).

Chinese immigration to Australia has actually taken off massively since 2008, i wont say that what you state is not true among a portion of the population, but the official government policy has been pretty much exactly the opposite.

https://profile.id.com.au/australia/...06&DataType=UR

Yes, the commodities boom has lead to a real estate boom, and yes that is going to crash big time one day, its simply not sustainable.

Last edited by danielsa1775; 12-02-2021 at 10:28 PM..
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