Wednesday, October 22, 2014

The Industrial Revolution

Is this happening already?  The regular mainstream news I hear about as I browse the news from whatever sources come by way speak little of this matter.  But it is clearly on my mind.  Have I gone wild as the wind again as I did with that story for the need for stronger safety in airline commercial aviation.  Yes even I get tired from getting beaten up for wasting people's  valuable  time for such notions.  It was never the popular thought .   No compliment for such an ideal came my way only sticks and stones.

But I  warn you here comes another.  How can we explain how everything made and produced in product  form is made in China.  This is a phenomenon that has struck me as hard as it has anybody else.  I gave my reasons why as many of us have.  The miracle economy of China right now just does not happen all the miracles in my lifetime simply never happen and if one is simulating a miracle growth in the economy of China then this is only a dream and I keep  pinching myself to find out the truth.  Am I dreaming and do not know that I'm living in a dream and not the real world?  China  cannot sustain such a growth as such growths are always followed by a bust.  Witness the housing bust of the real estate market when the  price of some houses were  totally out of the range of many people then followed by  a housing bust and the prices in particular areas fell dramatically.  Witness the fall in prices in certain areas I will not get specific but we know the areas.  It is happening in China as their economy is built on a  total false foundation and soon…no  I won't say the rest for if I do it could happen.  But there are other experts who point this out.  I have no ideal how much longer China's
economy will grow and if it will collapse and  go back into a deflation but  come on do not we see a huge  wave   on the rise but do not even realize it.  A Tsunami one can see it and feel it and record it.  But how does one measure the   start of an Industrial Revolution as it begins?  You don't.  It just happens.  It  wasn't very many years  ago conceivable that a third word country could or ever  would catch up with such superpowers such as America.  Rumors are that China is already the superpower economically having surpassed the United States in terms of productivity and the economy in  their ability to manufacture.  But just look at the living condition of the typical Chinese citizen in China yes there are more rich  in China than ever before but look at the disparity between the two the rich and those struggling to survive.  Isn't the gap huge?


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