bug
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Post by bug on Nov 29, 2020 15:08:30 GMT 10
Available now. Wife spends $15 each time. Gets 500g I think.
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Tim Horton
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Post by Tim Horton on Nov 30, 2020 10:58:13 GMT 10
The reality is again that many of the people hurt by the new 200% import tax aren't the Australian brands, but rather the Chinese-owned companies both in China and Australia that source from them.
+++ Sooo... Can I take it from this bit of info and other small bits, that China (government) is hitting at China companies that do business outside of China (and likely make a gob of money doing so) to get them to come back to China to do business where they can be more closely regulated, taxed, controlled and such ?? ??
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fei
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Post by fei on Dec 11, 2020 19:13:40 GMT 10
The reality is again that many of the people hurt by the new 200% import tax aren't the Australian brands, but rather the Chinese-owned companies both in China and Australia that source from them. +++ Sooo... Can I take it from this bit of info and other small bits, that China (government) is hitting at China companies that do business outside of China (and likely make a gob of money doing so) to get them to come back to China to do business where they can be more closely regulated, taxed, controlled and such ?? ?? Nah, the Chinese government doesn't care about the small Chinese owned businesses that lose out. All they want to do is hurt as many Australian industries as possible in the hope that the big companies that run them will pressure the Australian government to toe China's line.
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Post by illuminati on Dec 21, 2020 0:08:04 GMT 10
With enough pressure for long enough our economy will crack, having a simplistic economy with massive dependency on one export destination. When people lose their jobs and incomes, the popularity rating and re-election chances will plummet. Then we’ll have another coup where someone in their party backstabs the PM and takes over and caves to China.
China will buy all the distressed companies and assets and the Foreign Investment Review Board will OK it. Real estate prices will recover as Chinese buys it all up. So those who were well positioned will do well whilst the masses have lost their homes and/or been locked out of ever owning (again). Our government will applaud themselves on how they’ve turned the tide, house prices and stocks have boomed, and we’ve taught China not to mess with us.
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Tim Horton
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Post by Tim Horton on Dec 21, 2020 17:41:05 GMT 10
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bug
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Post by bug on Dec 21, 2020 17:47:33 GMT 10
Likely to be true. I haven't seen any reports of the CCP stockpiling coal prior to this, nor placing orders with our competitors that would arrive in time.
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Beno
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Post by Beno on Dec 21, 2020 19:23:06 GMT 10
It will just be explained that Australia is restricting supply as a response to tariffs, typical propaganda for a gullible nation. It will be likely, actually a certainty, that chinas tariffs will not be mentioned. No matter what their people will never be fed the truth and we will be the bad guys. That shithole needs a few more tank guys to make a stand but i fear after all the intellectual knowledge theft, aggressive global policy and a army of western traitors making trillions that this will get so much worse before it gets better.
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Post by illuminati on Dec 22, 2020 8:18:13 GMT 10
Likely to be true. I haven't seen any reports of the CCP stockpiling coal prior to this, nor placing orders with our competitors that would arrive in time. China has its own mines, producing greater than 10x what they import based on 2018 data (3,550mt locally produced, 295mt net imported).
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Post by spinifex on Dec 22, 2020 8:29:55 GMT 10
I reckon I've read that the coal we send them is 'high grade' metallurical coal. Not just any old shitty thermal coal for power generation?
Also ... even if a lot of that 295 million imported coal IS thermal ... that's a hell of a lot of coal to do without! A 10% reduction in generation capacity is massive.
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spatial
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Post by spatial on Dec 22, 2020 14:30:20 GMT 10
I reckon I've read that the coal we send them is 'high grade' metallurical coal. Not just any old shitty thermal coal for power generation? Also ... even if a lot of that 295 million imported coal IS thermal ... that's a hell of a lot of coal to do without! A 10% reduction in generation capacity is massive. Yip, I have worked in coal in South Africa, Mongolia and Australia. Australian coal in good quality with low sulfur content. Sulfur affects metal quality in coake ovens, and big impact on air quality when burnt for electrical generation. Well ha ha China now has an energy shortage and slowing down production due to lack of coal. ?? Such bad management would never work in a democracy... www.zerohedge.com/economics/china-restricts-electricity-use-amid-coal-shortageA lot of coal mines in Australia now belong to Chinese owned companies like Yancoal, who have a hiring freeze on some of their mines. - I wonder what they think of the coal embargo....
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bug
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Post by bug on Dec 22, 2020 16:31:12 GMT 10
I reckon I've read that the coal we send them is 'high grade' metallurical coal. Not just any old shitty thermal coal for power generation? Also ... even if a lot of that 295 million imported coal IS thermal ... that's a hell of a lot of coal to do without! A 10% reduction in generation capacity is massive. The Mongolian coal is of a lower grade and can't be fully exploited due to transport issues as far as I know. They'll suffer for this embargo, but blame us anyway.
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Tim Horton
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Post by Tim Horton on Dec 22, 2020 16:40:27 GMT 10
I reckon I've read that the coal we send them is 'high grade' metallurical coal. Not just any old shitty thermal coal for power generation?
+++ Gasp.... Your sending them 'high grade metallurgical coal'.... That is used to make 'high grade steel'..... What could possibly go wrong with that.... ?? ??
Remembering late 1930s history of shiploads of scrap steel going to Japan.... And putting 2 and 2 together..
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Post by spinifex on Dec 22, 2020 18:24:15 GMT 10
I reckon I've read that the coal we send them is 'high grade' metallurical coal. Not just any old shitty thermal coal for power generation? +++ Gasp.... Your sending them 'high grade metallurgical coal'.... That is used to make 'high grade steel'..... What could possibly go wrong with that.... ?? ?? Remembering late 1930s history of shiploads of scrap steel going to Japan.... And putting 2 and 2 together.. I'm sitting here wondering if my country, or yours Tim, is selling them Uranium! I know Oz sells them a lot of special rare earth minerals that have military applications in the manufacture of radar systems, nav and comms systems, satellites, jet engines, rocket motors etc. Any of which could be very nasty in a 'return to sender' scenario.
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fei
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Post by fei on Dec 22, 2020 20:28:04 GMT 10
I reckon I've read that the coal we send them is 'high grade' metallurical coal. Not just any old shitty thermal coal for power generation? Also ... even if a lot of that 295 million imported coal IS thermal ... that's a hell of a lot of coal to do without! A 10% reduction in generation capacity is massive. Yip, I have worked in coal in South Africa, Mongolia and Australia. Australian coal in good quality with low sulfur content. Sulfur affects metal quality in coake ovens, and big impact on air quality when burnt for electrical generation. Well ha ha China now has an energy shortage and slowing down production due to lack of coal. ?? Such bad management would never work in a democracy... www.zerohedge.com/economics/china-restricts-electricity-use-amid-coal-shortageA lot of coal mines in Australia now belong to Chinese owned companies like Yancoal, who have a hiring freeze on some of their mines. - I wonder what they think of the coal embargo.... Exactly! The Chinese government just wants to hurt Aus and figures stopping all the main imports will do it. We ordered a couple of bottles of vitamins from Aus in early November. Finally arrived the other day after about 5 weeks shipping time. Obviously lots of issues with logistics now due to covid, but the shipper also said all vitamins from Australia are being inspected by Chinese Customs now. I'm wondering if they were eventually allowed in because the producer is now Chinese owned? I wonder what happens if iron ore shipments are stalled? Which side would Gina Rhinehart and Twiggy Forrest stand on?
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Beno
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Post by Beno on Dec 22, 2020 21:32:35 GMT 10
Yip, I have worked in coal in South Africa, Mongolia and Australia. Australian coal in good quality with low sulfur content. Sulfur affects metal quality in coake ovens, and big impact on air quality when burnt for electrical generation. Well ha ha China now has an energy shortage and slowing down production due to lack of coal. ?? Such bad management would never work in a democracy... www.zerohedge.com/economics/china-restricts-electricity-use-amid-coal-shortageA lot of coal mines in Australia now belong to Chinese owned companies like Yancoal, who have a hiring freeze on some of their mines. - I wonder what they think of the coal embargo.... Exactly! The Chinese government just wants to hurt Aus and figures stopping all the main imports will do it. We ordered a couple of bottles of vitamins from Aus in early November. Finally arrived the other day after about 5 weeks shipping time. Obviously lots of issues with logistics now due to covid, but the shipper also said all vitamins from Australia are being inspected by Chinese Customs now. I'm wondering if they were eventually allowed in because the producer is now Chinese owned? I wonder what happens if iron ore shipments are stalled? Which side would Gina Rhinehart and Twiggy Forrest stand on?Seriously? They’d open their ports, airports and trainlines to ferry chinese troops all through the pilbra. There are lampposts with their name on it if we ever decide to be truly autonomous.
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fei
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Post by fei on Dec 23, 2020 0:09:24 GMT 10
I worked out a while back that the Aussie beef we used to buy from our local supermarket was one of Gina's brands. Its not been available for quite a while though, so maybe even she is on the nose with the Chinese government. Then again, was checking out the local big name supermarket yesterday and was surprised to find a range of Australian pasta sauces, as well as some Woolworths home brand baking goods. I wonder if that means the retail cooperation we have been hearing is on the cards for the past few years has finally happened?
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Post by illuminati on Dec 26, 2020 14:28:11 GMT 10
I reckon I've read that the coal we send them is 'high grade' metallurical coal. Not just any old shitty thermal coal for power generation? Also ... even if a lot of that 295 million imported coal IS thermal ... that's a hell of a lot of coal to do without! A 10% reduction in generation capacity is massive. Yip, I have worked in coal in South Africa, Mongolia and Australia. Australian coal in good quality with low sulfur content. Sulfur affects metal quality in coake ovens, and big impact on air quality when burnt for electrical generation. Well ha ha China now has an energy shortage and slowing down production due to lack of coal. ?? Such bad management would never work in a democracy... www.zerohedge.com/economics/china-restricts-electricity-use-amid-coal-shortageA lot of coal mines in Australia now belong to Chinese owned companies like Yancoal, who have a hiring freeze on some of their mines. - I wonder what they think of the coal embargo.... I read somewhere the embargoes or tarrifs are only for Australian owned Australia companies. That the Chinese owned companies in Australia are ok. Not sure if it’s true.
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Post by illuminati on Dec 26, 2020 14:30:04 GMT 10
I reckon I've read that the coal we send them is 'high grade' metallurical coal. Not just any old shitty thermal coal for power generation? Also ... even if a lot of that 295 million imported coal IS thermal ... that's a hell of a lot of coal to do without! A 10% reduction in generation capacity is massive. Yeah 10% reduction is till big. They use a massive amount. Our coking coal for iron smelters is something everyone would want. Even if they are going slow or banning the rest.
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spatial
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Post by spatial on Dec 26, 2020 18:12:46 GMT 10
Coal is a strange commodity/mineral, coal companies buy from each other internally in Australia to blend the coal to various specifications. Aus coal companies could just sell to Chinese companies, for export to China.
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Tim Horton
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Post by Tim Horton on Jan 6, 2021 7:44:02 GMT 10
I'm sitting here wondering if my country, or yours Tim, is selling them Uranium! +++ I've been thinking about this a bit.. Can't find any evidence or rumors it seems, one way or another..
Thing is, NOTHING would surprise me.. So with that in mind, not going to say too much to attempt to keep my ass out of a jam.. Never thought you would hear that from me... eh...
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