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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (89624)	4/29/2012 4:24:20 PM
From: elmatador	Respond to of 219131

"...which suggest to me that it is production that boosts an economy. Without production of these things and millions of other items, where would we be?" It does look that people is waking up for that simple reality.

To: 2MAR$ who wrote (89624)	4/29/2012 11:04:15 PM
From: TobagoJack	Respond to of 219131

This should be fun to watch over the elapsed time bloomberg.com Titanic II to Be Built by Billionaire Palmer, Chinese Yard By Elisabeth Behrmann - Apr 30, 2012 8:46 AM GMT+0800 Australian billionaire Clive Palmer plans to build a 21st-century version of the Titanic with the help of a Chinese shipyard, with the cruise ship’s maiden voyage from England to North America scheduled in late 2016. Palmer said he had invited the Chinese navy to escort Titanic II on its maiden voyage to New York, according to an e- mailed statement. The initial pact with China’s CSC Jinling Shipyard also includes plans for a fleet of luxury liners. Enlarge image The Titanic sits under scaffolding in the spring of 1911 in this photo made available to the media by the Library of Congress. Source: Library of Congress (George Grantham Bain Collection) via Bloomberg Audio Download: Dr. Ballard Describes Discovering Sunken Titanic Enlarge image Clive Palmer, chairman of Mineralogy Pty. Photographer: Patrick Hamilton/Bloomberg The original Titanic sank after hitting an iceberg in the Atlantic on April 15, 1912, costing the lives of 1,514 passengers and crew, according to the statement. Mining magnate Palmer, 58, has a fortune of A$5.05 billion ($5.3 billion) and was Australia’s fifth-richest person, according to BRW magazine estimates in May. “It will be every bit as luxurious as the original Titanic but of course it will have state-of-the-art 21st century technology and the latest navigation and safety systems,” Palmer said. “The Chinese ship building industry with our assistance wants to be a major player in this market.” The Titanic, commissioned by White Star Line, was the largest liner in the world when built at just under 270 meters (886 feet) and 53 meters high. Palmer is developing coal and iron ore mines in Australia, including the $8 billion China First coal project in Queensland state. Last year, he dropped plans to sell shares in his company Resourcehouse Ltd. in Hong Kong after commodities prices fell. To contact the reporter on this story: Elisabeth Behrmann in Sydney at ebehrmann1@bloomberg.net