Mean, sick, and poor is no way to go through life, son.

What do you guys think about China's Belt and Road project?

https://beltandroad.hktdc.com/en/belt-and-road-basics
Permalink WorldRover 
May 16th, 2017 3:55pm
And we don't have our infrastructure plan yet! Where is our tax cut and rebuilding America??????
Permalink WorldRover 
May 16th, 2017 4:00pm
We discussed that here several times.

These are gradual infrastructural upgrades.

It is also about China developing the inland, far from the coast, but connected by rail.
Permalink Lotti Fuehrscheim 
May 16th, 2017 4:11pm
So this is the "New China Power" project where China can export more goods and at the same time exert influences over financing some of the 3rd rated countries?
Permalink WorldRover 
May 16th, 2017 4:15pm
Well, the countries along the old silk road can use a bit of modern trade and traffic, but the question is, what kind of added value they have to offer, besides the territory?

The technical consultants for the automated terminals come from Europe (many Dutch people involved on key positions).
Permalink Lotti Fuehrscheim 
May 16th, 2017 4:20pm
And Belgians.
Permalink Lotti Fuehrscheim 
May 16th, 2017 4:21pm
Maybe you can put in a request. In a few years you can take a passenger train from Netherlands to China and back. Since you are retired you can spare 4 weeks train ride?
Permalink WorldRover 
May 16th, 2017 4:22pm
Well, the countries along the old silk road can use a bit of modern trade and traffic, but the question is, what kind of added value they have to offer, besides the territory?
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

It doesn't matter to China. China will loan them a few billions for the construction segment in their countries. Then they will owe China debt for 50 years! lol. Their corrupted leaders won't care as long they will have millions in their pockets.
Permalink WorldRover 
May 16th, 2017 4:24pm
Passengers fly.

Fresh products fly.

Bulk and stock goods go by boat.

Just in time goods for industries can take the train.
Permalink Lotti Fuehrscheim 
May 16th, 2017 4:25pm
Maybe you can put in a request. In a few years you can take a passenger train from Netherlands to China and back. Since you are retired you can spare 4 weeks train ride?

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

Then you can take a boat ride to the former Dutch colony.
Permalink WorldRover 
May 16th, 2017 4:25pm
The passenger train from Europe to China has been possible for a century.

In the 1970's a friend of mine took that ride from Peking to Amsterdam. Good for him he liked to play chess, because Russians in Siberia also liked that, and you don't need a shared language for that.
Permalink Lotti Fuehrscheim 
May 16th, 2017 4:29pm
http://magazine.wagenborg.com/magazines/times-13/in-the-picture/the-new-silk-roadis-an-iron-road

Here is a company from Groningen offering transport services along this new silk road.
Permalink Lotti Fuehrscheim 
May 16th, 2017 4:32pm
I once asked that company if I could be a paying passenger on one of their cargo ships (they have reserve crew cabins), but insurance wouldn't allow them to offer that.

In the past they have offered that service.
Permalink Lotti Fuehrscheim 
May 16th, 2017 4:39pm
"And we don't have our infrastructure plan yet! Where is our tax cut and rebuilding America??????"

How are you going to finance infrastructure spending if you cut taxes at the same time?
Permalink Yoda 
May 18th, 2017 10:00am
Deficit spending.  But it's okay when Republicans do it.
Permalink SaveTheHubble 
May 18th, 2017 1:29pm
Infrastructural investments are regarded as the relatively best targets for deficit spending, according to classical economics.
Permalink Lotti Fuehrscheim 
May 18th, 2017 1:40pm
Depends on how you pay for them.

"Giving away government created assets to private industry, so private industry can 'maintain' them and charge tolls" -- that's one approach.

"Guaranteeing loans to fly-by-night private companies, who do a shitty job then leave the Government on the hook" -- that's anohter.

"Allocating funds to hire people like the WPA in the 1930's to have them build/maintain bridges, railroads, highways, public parks" -- now THAT would be stimulating.  The other two approaches simply open the door for profit-ballooning private companies to victimize the public.
Permalink SaveTheHubble 
May 18th, 2017 2:16pm

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