The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: GPS Info who wrote (836)	5/25/2018 9:26:47 PM
From: elmatador	Read Replies (1) of 13794

I actually very simple: All reconstructions create huge construction companies that after the country is constructed they seek market abroad; After the WWII reconstruction ended, Germany and Japan sent their construction companies to build in the OPEC countries flush with cash during the oil boom years in the 1970s. Even Brazilian companies went to Iraq and Nigeria during the oil boom years after the Brazilian economic "miracle" of the 1970s. The Chinese scale was 100x bigger. They had demobilized a million men from the Northern border with Russia and needed jobs for them. These workers didn't have much skills and unskilled people can be transformed in builders. Plus construction employs lots of arms and legs. Chinese government invested heavily in construction to provide jobs. They were recruited to build infrastructure in a carnival of Harbors Airports Bridges and roads and everything else. Once they finished constructing China they had all these construction workers and all the machinery and the know how to build big projects They went abroad. After the abroad construction boom ended, the Chinese Politburo concocted this Silk road thing to keep the industries from folding. It is just a job scheme kind of thing. Witness these artificial islands they are building. Or condos in Malaysia. Or resorts. The soldiers are now getting old and weak after the back breaking construction works. Their sons and daughters are not engaging on that kind of job as they got an education and want office work. Thus the labor soon no longer be there. Capital soon will disappear too: Money will get scarce as they have to support older folks and there will be less and less young people. The construction orgy will end with a whimper.

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