Comments by "Tony Wilson" (@tonywilson4713) on "WION" channel.

  1. As another Australian I second that motion. Because what's going to happen when the Chinese bubble bursts. I've worked in our mining sector and you have had to been there to see just how much we ship to China in terms of raw materials. We wont simply lose jobs. Companies like BHP, Rio Tinto and Fortescue will take massive hits and that's going to hit millions of Australians in their superfunds. By law our main superfunds have to invest in the ASX200 and the ASX200 has tied itself to the Chinese economy. We are going to be smashed when China falls. We didn't learn when we tried to ride on the sheep's back and we probably wont learn from over dependency on diggers & dump trucks.
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  2. As an Australian I love some of what Palki's saying here and she' spot on with most points but she has made a fairly major mistake. France was NEVER building nuclear submarines for Australia. We were going to build conventional versions of the Barracuda class (called the Shortfin Barracuda) here in Australia (which we called the Attack class) with a lot of components made in France. At one point during that process NAVAL Group (DCNS) did offer nuclear powered Barracuda's but that was rejected. The single biggest problem with that project were the costs which were spiraling out of control. Another thing she also skips over is that NAVAL Group already make conventional submarines called the Kalvari class based on the French Scorpene submarine. So this deal is a natural progression for France and India. Maybe the AUKUS fiasco has sped things up.
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  3. My mother was a high school teacher in Australia and she was s student of History. One night in the early 90s there was a story about China's one child generation. They had all these cute 7-9 year olds singing songs about how great they didn't have brothers or sisters. It was sort of bizarre. Mum said this was going to one day come back and bite China. It was around the time there were large numbers of orphaned Chinese girls available to Western parents. Even then this issue was starting to show and experts were wondering how this would affect the future. One of the things mum pointed out was societies that get to many men with too few women tend to start wars. Either the men will fight for wives or die trying. Its actually good to see someone doing a serious stories on China. So many people are claiming China is this amazing success story and for sure they have had some incredible successes. They have this incredible high speed rail system and have lifted several 100 million people out of poverty. But China also has some very serious issues with its social structure (as in the one child), staggering over investment in worthless housing, the ridiculous destruction of 1000s of rivers and an insane appetite for coal powered industry. In respect of the wonderful question of: How does the world deal with China? The better question might be: How does China deal with China?
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  4.  @shermanpeabody6102  China is not doing anything EVERY other country does. BUT its doing it at such a massive level its affecting the rest of the world's food supply chains.
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  5. The French did offer nuclear powered subs to Australia. As an Australian I love some of what Palki's saying here and she' spot on with most points but she has made a fairly major mistake. France was NEVER building nuclear submarines for Australia. We were going to build conventional versions of the Barracuda class (called the Shortfin Barracuda) here in Australia (which we called the Attack class) with a lot of components made in France. At one point during that process NAVAL Group (DCNS) did offer nuclear powered Barracuda's but that was rejected. The single biggest problem with that project were the costs which were spiraling out of control. Another thing she also skips over is that NAVAL Group already make conventional submarines called the Kalvari class based on the French Scorpene submarine. So this deal is a natural progression for France and India. Maybe the AUKUS fiasco has sped things up.
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  6. Your right how important this topic is. I'm Australian (and an aerospace engineer) and we have had our version of the brain drain going on for decades now. So its really interesting to here another person talk about the same issue from their perspective. One of the things that drives Australian scientists and particularly engineers overseas is the abundance of Indian Engineers available to come here and work for what they see as a good wage but is in fact a low wage by our standards. I have actually lost work to cheap Indian labor coming here. It was prevalent circa 2010 when our visa system was being abused by our mining companies. Its one of the UGLY, UGLY, UGLY consequences of what's now labelled neo-liberal economics. That's the stuff that started as Thatcherism and Reaganomics and was pushed by clowns like Bill Clinton and all his banking friends. In neo-liberal economics labor is a commodity to be bought and sold openly. For anyone interested go and look up Prof, Mark Blyth. He's a Scotsman based in America at Brown University and he works in "political economics." Its a field of study where they do NOT treat politics and economics as separate concepts but consider them as intertwined systems. So the whole concept of labor and how its being traded and how that affects politics and economies is of interest to these political economists. And for anyone wondering the rest of the economics people in industry HATE THEM for the simple reason people like Mark Blyth aren't simply exposing their BS they are explaining their BS so people can UNDERSTAND that their BS really is BS. On the huge downside of this the part where Palki is talking about the cost to Indian growth its even worse for countries even less developed in places like Africa. Every engineer, doctor, teacher, nurse, electrician, welder, plumber who leaves for the Western World is incredibly damaging. Look at the mass migration from undeveloped nations. Why are they undeveloped? Could it be that more developed countries keep taking their talent and ability to develop.
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  7. The thing is a lot of other reporters in other countries would like to report similar but they just can't for political reasons. I'm Australian and anytime any of our public figures or journalists say anything they don't like and they go crazy. Everything has to be done their way and by their I mean the Chinese Communist Party NOT the Chinese people. I've been to China for work and the Chinese people are fine, good, decent, hard working people. It was only a short working trip but I enjoyed my time there. But at the higher level the CCP is almost impossible to work with.
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  8.  @pure_2xXS  I just watched last nights version of Media Watch and you've described Australia's media fairly well.
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  9. Its a combination of both. There's the scar of Mao's past and the behemoth of climate change about to smash them. I have heard that China might lose 50% of its agricultural capacity. There are reports that (through mismanagement) they have severely damaged or destroyed 1000s of rivers. Sometimes with pollution, sometimes through irrigation and sometimes both. Go and look up the Yongding River as an example. But that water mismanagement isn't just a Chinese issue. There's almost not a single country anywhere that does not have water issues.
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  10. I'm here in Australia and I know a couple of Philippino's one recently asked me to check a map and see exactly where these Spratly islands are. They are literally nowhere near China and right near the Philippines. Also that's a huge statement out of New Zealand because the Chinese have kept them quiet with economic pressure for a while. New Zealand has developed a huge dairy products export industry and its biggest customer is China. What the Chinese don't get is that Australian and New Zealand have lots of history with Hong Kong going back decades. We know what the Chinese have done there.
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  11. Yeah but just as there are 2 sides to every story Palki is ignoring WHY these former Soviet states wanted to join NATO. She's quite rightly pointed out many historical facts and she's dead right about most them. But she's leaving out some important facts, like WHY do all these countries want to join NATO. NATO didn't go recruiting those nations, yes they left the door open and yes they didn't keep their agreement on expansion. However those nations APPLIED to NATO. Ukraine applied in 2008 and it was NATO that stopped expanding at that time. That's been left out of her monologue. What's more NATO even left the door open for Russia to join NATO. As to WHY these smaller ex-Soviet states applied to NATO look at the history she's NOT talking about. In her time line she left out the entire Soviet era between WW2 and 1989 when the Soviets installed and supported some of the worlds most repressive regimes in those countries. To be fair on that subject America did the same during the same time period which is something most Americans are clueless about. I'm Australian but went to college in America. I know from first hand experience how blind Americans are about international affairs and the dictatorships they supported. Americans who've actually lived outside America have a better understanding just as the Russians who live out side Russia have a better understanding. Palki is usually very good on these sorts of discussions but in this case she's leaving out some important things.
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  12.  @saintsone7877  Its been law since the very start. Its why its so important for companies to get into the ASX 200 and stay there. My fathers stock broker explained it to me circa 1998 when we were investing in Oxiana Minerals. Haven't you ever heard the term "institutional investors"? In Australia those are the corporate super funds and the regulations (laws) require them to have a certain percentage of their "funds under management" to be in the ASX200. Where they put it is their choice.
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  13. I don't know about best in the world as that's subjective BUT WITHOUT DOUBT this network is one of the few willing to challenge China. If an Australian (where I am) published or presented this story there would be chaos. The AUKUS agreement which we just signed with Britain and America for new submarines isn't expected to deliver its first submarine before 2040 (19 years away) and they went berserk. A Chinese Professor was interviewed on Australian television and he told us that we had lost preferred status in NOT being targeted with nuclear weapons. So for buying the submarines that we need to patrol our waters which are extensive across the Indian, Southern and Pacific Oceans we get nukes pointed at us. If we ask the Chinese about Tibet - they tell us to mind our own business. If we ask the Chinese about the Uighurs - they tell us to mind our own business. If we ask the Chinese about any human rights issue - they tell us to mind our own business. If we ask the Chinese about the islands they have snatched in the South China Sea - they tell us to mind our own business. If we ask about where COVID came from - they TOLD us to mind our own business AND HIT US WITH TRADE SANCTIONS. When we buy submarines of a type that ACTUALLY make sense for the area of ocean we have the Chinese point nukes at us. Meanwhile the Chinese have been building the biggest navy in history with now over 500 Ships and Submarines. More and more this guy is looking like a Chinese version of Donald Trump.
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  14. Its actually less than that. The idea of copyright or intellectual property just DOESN'T exist in Chinese culture. I'm Australian and we have already had huge issues with Chinese grifters. The worst trouble we have in recent years is that as soon as any new company in Australia registers a logo or brand name then its copied by Chinese grifters and registered in China. They then try and extort the Australian company to get their logo back. Its a problem because Australian food products are popular in China. Sorry for the longish answers but here's the 2 best Chinese copycat stories I know of: 1) The guys who copied LG, which I heard about at an engineering conference. They didn't copy any particular LG product. They copied LGs paperwork and systems. They designed a bunch of products, subcontracted the manufacturing out and then sold stuff branded as LG and sold through parts of SE Asia. The paper work was so good that the manufacturing subcontractors and retailers all through they were actually dealing with a division of LG. It was only found out when a real LG person saw some odd products in among the standard LG merch somewhere. 2) And this is an engineering thing, which I heard from my boss one day. In the oil & gas industry a lot of valves get used and they can get very expensive. One of the main American manufacturers (who my boss had worked for) told me how they suddenly started getting warranty claims on some flow control vales. These were from a range of very expensive very high quality valves meant to last in the field for years and every valve is individually serial numbered. When they checked those serial numbers against sales records none of them were where they were supposed to be. As in they weren't even in the right country let alone the right oil rig or refinery. When they checked back through their records a Chinese company had bought 1 of each size valve in that product line. Nobody thought anything about it at that time, because its not unusual for end users to buy like that for spares or by a set to test in their facilities. As a result of those valves and some other things there are companies operating in Australia's oil & gas industries that will not allow Chinese ANYTHING in their plant's. In those cases these days we have to submit copies of quotes (with some redactions) to prove our tenders aren't planning to use Chinese materials. If you then win the tender you have to provide receipts for those materials when you deliver the project.
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  15.  @smashmash2714  Sky news???? FK-OFF When has anything Rupert Murdoch ever done got anything to do with truth or reality?
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  16.  @valenrn8657  Which offer are you talking about? Are you comparing there submarine reactors with their civilian reactors? We all know that sometime around 2012 DCNC/Naval did offer the nuclear powered Barracuda, which just highlights how long this crap went on. There hasn't been much said officially but its hinted that the 10 year refueling was the issue. That said there is one stat on the Barracuda that should not have been discounted. Its full crew compliment is ~70 compared to an Astute ~100 and Virginia ~130. For even a fleet of 6 that's a low fewer submariners to find and train and the RAN has struggle with that all through the Collins shite show. On the Astute variant we are likely to end up with we need to consider automation which the French clearly have got. How else can they have that size crew without automation. I use to work with an American who was a fully trained nuclear power plant operator in the USN (on aircraft carriers). He once told me the US power units had almost zero automation.
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  17.  @valenrn8657  Yeah we all know what Dutton has said and you MUST take anything he says with a bucket of salt. A pinch just wont do. He's extremely good at presenting vague information. Possibly one of the best politicians in Australia, because he always seems to get away with it. Superior could be a lot of things. Safety functionality, size, weight, efficiency, maintenance costs or combinations of things. Its a vague term, that allows other people to make mistakes by assuming what was meant. A good friend on mine was right into student politics and explained that stuff almost 30 years ago. I'm finally starting to get what he meant.
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  18.  @brianodonnell1384  I have been recently watching a bunch of Peter Zeihan who's a geopolitical strategist. He has some really interesting stuff on China and its demographics. It includes some stuff on the consequences of Xi Jinping's crackdowns.
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  19.  @TheQueenRulesAll  Yep , its called Spaceship Earth, the life support system is failing and the command staff wont listen.
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