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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.87

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Nov 11 4:00 PM EST

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To: TobagoJack who wrote (133569)	5/6/2017 11:39:32 PM
From: Elroy Jetson	Read Replies (1) of 217711

The major 'advantage' of a centrally-planned economy is projects don't have to make economic sense and don't have to deal with the objections of those opposed, like property owners. People opposed to a project can conveniently end up in prison or dead. If banks won't lend, they're directed to do so. But when it comes to One Belt, China wants capital to come from places other than Chinese sources, which strongly suggests the rate of return is as ghastly as transportation and trade economists who've reviewed it suggest. This project actually began life in the 1950s as a UN project called the "Trans-Asian Railway" to connect the Western World's Show Palace of Singapore with Istanbul and from there to Europe. Sixty years ago sea transport was far more costly and air travel far less developed so the rail project made sense. But the project was beset with political problems and wars. Recent additions to this original scheme were set into motion in 2006. - en.wikipedia.org

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