Cyprus-Forum.com

[erolz66]

Will you be buying American lube or making your own to build up and protect Australian lube manufacturing ?

[Paphitis]

Will you be buying American lube or making your own to build up and protect Australian lube manufacturing ?

No, we don't have any requirements for lube.

we have many countries to trade with and are better off without the Chy-nese. we would much prefer to trade with countries which do not disrespect us as a country or disrespect our sovereignty. Just because country A buys our stuff is no reason for that country to come into our shop and try to black mail us.

That applies to ANY country.

We got shit to sell, and our shit is in high demand.

[erolz66]

Will you be buying American lube or making your own to build up and protect Australian lube manufacturing ?

No, we don't have any requirements for lube.

we have many countries to trade with and are better off without the Chy-nese.

So why were you not doing so already ?

[Paphitis]

Will you be buying American lube or making your own to build up and protect Australian lube manufacturing ?

No, we don't have any requirements for lube.

we have many countries to trade with and are better off without the Chy-nese.

So why were you not doing so already ?

We are!

No one actually foresees too much of an issue. our Government, and our people are not worried. in fact, we are laughing at the Chy-nese. we think they are a joke.

fancy putting tariffs on barley and not on the products that would screw them to kingdom come. Imagine if Australia clicks its fingers and stops all resource trade with Chy-na.

Apple products for starters will be valued higher than gold per ounce.

that's the thing with Chy-na. Everything is for domestic consumption on their front but when it comes to the real crunch, Australia has got them over a barrel. we have far greater power over them than they do over us.

Our resources won't remain unsold because of Chy-na ceasing to buy them. We can sell our resources to any country of our choosing. They will always be traded because we are major international resource suppliers.

[erolz66]

Will you be buying American lube or making your own to build up and protect Australian lube manufacturing ?

No, we don't have any requirements for lube.

we have many countries to trade with and are better off without the Chy-nese.

So why were you not doing so already ?

We are!

No one actually foresees too much of an issue. our Government, and our people are not worried. in fact, we are laughing at the Chy-nese. we think they are a joke.

fancy putting tariffs on barley and not on the products that would screw them to kingdom come. Imagine if Australia clicks its fingers and stops all resource trade with Chy-na.

Apple products for starters will be valued higher than gold per ounce.

that's the thing with Chy-na. Everything is for domestic consumption on their front but when it comes to the real crunch, Australia has got them over a barrel. we have far greater power over them than they do over us.

Our resources won't remain unsold because of Chy-na ceasing to buy them. We can sell our resources to any country of our choosing. They will always be traded because we are major international resource suppliers.

You have not really answered my question I feel.

The question is

If Oz has always had any number of countries other than China it could easily sell it's products too then why today and for how ever many decades previously is and has China been its biggest single trading partner by far ? It does not make sense to me ? Did China only recently become the Devil ? If you always had other countries you could have sold too for the last 20 years then why did you sell to China at all ?

[erolz66]

If Oz has always had any number of countries other than China it could easily sell it's products too then why today and for how ever many decades previously is and has China been its biggest single trading partner by far ? It does not make sense to me ? Did China only recently become the Devil ? If you always had other countries you could have sold too for the last 20 years then why did you sell to China at all ?

Maybe some answers here https://www.ft.com/content/73c4f0b6-d5c ... 84343dfd85 ?

China was Oz's preferred trade partner because even though it was a 'devil' it was a fast growing devil, growing faster than any other potential trade partners and it was that growth by proxy that was so attractive to Oz ?

[Paphitis]

Will you be buying American lube or making your own to build up and protect Australian lube manufacturing ?

No, we don't have any requirements for lube.

we have many countries to trade with and are better off without the Chy-nese.

So why were you not doing so already ?

We are!

No one actually foresees too much of an issue. our Government, and our people are not worried. in fact, we are laughing at the Chy-nese. we think they are a joke.

fancy putting tariffs on barley and not on the products that would screw them to kingdom come. Imagine if Australia clicks its fingers and stops all resource trade with Chy-na.

Apple products for starters will be valued higher than gold per ounce.

that's the thing with Chy-na. Everything is for domestic consumption on their front but when it comes to the real crunch, Australia has got them over a barrel. we have far greater power over them than they do over us.

Our resources won't remain unsold because of Chy-na ceasing to buy them. We can sell our resources to any country of our choosing. They will always be traded because we are major international resource suppliers.

You have not really answered my question I feel.

The question is

If Oz has always had any number of countries other than China it could easily sell it's products too then why today and for how ever many decades previously is and has China been its biggest single trading partner by far ? It does not make sense to me ? Did China only recently become the Devil ? If you always had other countries you could have sold too for the last 20 years then why did you sell to China at all ?

In the past, we had a number of countries we were trading with. It was massive multi billion dollar trade with the likes of Iraq, Saudi Arabia, Jordan, Iran, Kuwait and a few others before Chy-na soaked everything up.

Also, Russia was a massive trade partner as well.

We dropped all of them in favour of Chy-na. We put all our eggs in one basket. Everyone in Australia, like the US and other countries, were always concerned with Chy-na as the volume of trade was becoming a much bigger beast than anticipated and Chy-na always flexes it's muscle. It's like that problem customer that comes into your shop, buys lots of stuff and because of that thinks they own your shop.

We that isn't the case. they don't own our shop. We are able to re=engage a number of other countries and also explore new and upcoming markets like India which is an even bigger market than Chy-na. We also get along with India very well. Our PM is quite close to the Indian PM.

So yeh, we won't have a problem selling our barley or any other markets. We are also on the verge of a FTD with the EU. And all these customers don't come in our shop to push us around and treat us like a door mat.

Your question is a very difficult one to answer. Australia can not be expected to find new markets in 24 or 48 hours. Our farmers are heavily unionized and have multi billion dollar companies that buy all their stuff, and act as an agent to overseas buyers. It's a massive industry.

We can sell to so many other countries. Who they are I can't tell you right now, but the primary candidates are surely to be the likes of Indonesia, Vietnam, Japan, Korea, Iraq, Saudi Arabia (and other Gulf States) and perhaps some EU countries like Sweden, Finland, Denmark, Poland.

Also Russia which has been begging for years to recommence trade with Australia but were ignored.

What we are finding right now is India becoming the Chy-na replacement. Chyna has really damaged itself thinking they are the only market but India is set to pass Chy-na in as little as 2 decades, and countries like Australia are going to prefer India over Chy-na the way things are panning out. So Chy-na has a lot to lose. We will still sell our Barley, Wheat, and other agricultural products.

[Kikapu]

I don’t know about y’all, but the two astronauts who are planning to launch on Wednesday on SpaceX are really flaunting the lockdown rules.

[Tim Drayton]

... that doesn't necessarily mean the virus has changed, since death-rate calculations depend on how many cases are confirmed by tests. The high global death rate could point to coronavirus testing limitations across the globe.

Yes, indeed. It all depends on what you put in the denominator. That's why the figures are skewed.

[erolz66]

... that doesn't necessarily mean the virus has changed, since death-rate calculations depend on how many cases are confirmed by tests. The high global death rate could point to coronavirus testing limitations across the globe.

Yes, indeed. It all depends on what you put in the denominator. That's why the figures are skewed.

As antibody testing ramps up and the numbers start to come in we will get increasing ability to know things like what IFR is and what % of the population have already been infected. So far it is looking like the 'extreme' end of this previous guess spectrum with estimates that a majority or close to majority of the population have already been infected are looking to be incorrect. The numbers for % of the population that has already been infected in some of the worst hit places like Spain, Italy, New York that are based on actual counts of those who have anti bodies seems to be falling in the 5-20% range from what I can see. As widespread antibody testing ramps up and becomes more available we by the day get an ever increasing grip on what the real numbers are.