Posted on 02/02/2016 12:42:44 PM PST by Lorianne
Their one-child policy sure backfired.
But, then this statement of theirs MAY just be another lie from them. They don't have the same values about lying as we do.
I was told this by several Chinese. The Chinese (not expatriats) believe in ONLY two things: luck and money.
Their "steel" luck has run out, they SAY, but I sure would take this with an enormous grain of salt.
Their "gods" are LUCK and MONEY. Nothing else.
Lol.
LOL....post of the day
In the late 70s early 80s US steel mills were turning out junk.
I was an oilfield pipe inspector and the reject rate for US steel pipe would run anywhere from 15%-25% compared to Japanese pipe that was 1% or less.
There were times we did a hardness test and US made pipe ran 100% reject.
American steel brought it on themselves.
They make crappy rivots and screws too.
Yeah their quality is all over the place. Some ok, some really bad.
I’ve seen cast brake rotors with porosity like a sponge.
Great point!!!
Ahhhhh, and that could be a probrem!
How many of them will get H1Bs and end up here to take out what’s left of American steel workers?
The Chinese housing bubble is bursting.
Too many unoccupied buildings, built with investments that had no where else to go. No reason to build more buildings, thus no need for steelworkers.
The velocity of money is approaching zero.
Go figure.
5.56mm
IOW, the price of autos is going to climb -- and with the price of oil about 1/3 what it had been, we can expect a switch from cars to SUVs, small pickups, trucks -- Fiat Chrysler is already planning to drop some small car models and switch that capacity into Jeeps.
Actually it may be just the opposite for smaller cars.
The govt mandates a “CAFE” corporate average fuel economy.
If fuel prices stay low, the mfgrs will have to discount small cars to move them, because Americans like pickups and SUVS and will buy those when fuel is low.
And while FCA talks about “dropping” small cars, what they are actually going to do is rebrand small cars they will sell from some other manufacturer.
Damn! Now we know where all the jobs went.
My father worked in the steel industry at that time, and he would not disagree with you. Incredibly arrogant management at those companies was a HUGE issue. They didn’t address quality because they did not think they had to.
The fact remains that numerically speaking, tens of thousands of steelworkers in this town lost their jobs between 1978-80.
I care as much about Chinese coolies losing their jobs as much as Free Traitor™ care about US worker losing their manufacturing jobs to off shoring. Which means I DON’T CARE AT ALL.
Really? Why don’t I believe you.
“Time for ChiiiNA to start feeling some pain after taking all our jobs. I don’t feel sorry for them”
They were enabled by American business, financial and political leaders.
When we got the pipe to inspect it had already gone through the mill inspection so the overall reject rate was even higher.
There is no business that can compete when they are turning out upwards of 30% of a product that can’t be used for it’s intended purpose and their foreign competitors are turning out the same product that maybe 5% can’t be used.
Upgrading the mills so they could compete would have put a lot of people out of work because of automation and you don’t have to produce as much to get the same amount of useful product so you need less people.
With oilfield pipe a more uniform product also last longer.
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