Argentina gets grain superhighway. - The Combine Forum
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post #1 of 13 (permalink) Old 08-22-2019, 03:28 AM Thread Starter
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Argentina gets grain superhighway.

Not good news for anyone except Argentinians.

https://www.reuters.com/article/us-a...-idUSKCN1V60AW

The Canadian equivalent would be loading ships out of Regina.

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post #2 of 13 (permalink) Old 08-22-2019, 09:57 AM
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Originally Posted by lander2 View Post
Not good news for anyone except Argentinians.

https://www.reuters.com/article/us-a...-idUSKCN1V60AW
The Canadian equivalent would be loading ships out of Regina.
Except that grains/oilseeds already been loaded on export vessels way up the Parana for many years already. Dredging it out a bit deeper or creating an exclusive channel just tweaking their system. Maybe Canada should get the Chinese to help with the endless Trans Canada highway twinning project so at least we could move more by road.

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post #3 of 13 (permalink) Old 08-22-2019, 12:50 PM
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China's doing things world-wide on a massive scale to develop infrastructure to allow them to exploit resources. In Africa it's unbelievable the scale of the things Chinese companies are doing. It is benefiting the locals sort of--China is paying their own citizens to run the projects, not local Africans, and there are lots of stories of local worker exploitation. It's doubtful the debt will ever be paid, and China will end up owning it all, which is their plan. I think most of these nations, including Argentina will strongly regret allowing the Chinese to do this if they win the concession.

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“China is already our principal buyer of soybeans. For them to also have control over navigation would give them a very strong stance in negotiating prices,” said the ports source, who asked not to be named due to the sensitivity of the matter.
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Last edited by torriem; 08-22-2019 at 12:58 PM.
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post #4 of 13 (permalink) Old 08-22-2019, 06:49 PM
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Good point Toriem. Saudi Arabia is doing the same in Africa to some extent as well.
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post #5 of 13 (permalink) Old 08-22-2019, 07:47 PM
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How much do you think trudumb will pledge to help with the project?
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post #6 of 13 (permalink) Old 08-22-2019, 09:59 PM Thread Starter
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This dredging will make Argentina and possibly some of Southern Brazil a higher reliability supplier, less problems with low water levels on dry years and larger ship capabilities deeper inland. With a more consistent and reliable ability to get to the heartland other expansions will come. These expansions will likely include livestock facilities and a loading port for the reefer intermodals. Barring a global weather cataclysm North America has lost the Chinese market. Should be good for the Argentinian and some Brazilian farmers, at least in the short term.

China will likely get the added bonus of a deepwater port for their navy in the western hemisphere when Argentina does an Argentina and defaults on the loans.
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post #7 of 13 (permalink) Old 08-23-2019, 02:30 AM
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China's not stupid! They've been observing how the U.K. and the U.S. do business for a very long time.

Opportunity doesn't knock! It presents it'self when you beat down the door!
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post #8 of 13 (permalink) Old 08-23-2019, 10:51 AM
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Quote:
Originally Posted by torriem View Post
China's doing things world-wide on a massive scale to develop infrastructure to allow them to exploit resources. In Africa it's unbelievable the scale of the things Chinese companies are doing. It is benefiting the locals sort of--China is paying their own citizens to run the projects, not local Africans, and there are lots of stories of local worker exploitation. It's doubtful the debt will ever be paid, and China will end up owning it all, which is their plan. I think most of these nations, including Argentina will strongly regret allowing the Chinese to do this if they win the concession.
https://www.breitbart.com/africa/201...yment-nigeria/

Quote:
The reason Chinese corporations are in Africa is simple; to exploit the people and take their resources,” reporter Adedayo Adejobi wrote. “It’s the same thing European colonists did during mercantile times, except worse.”

China is investing billions into a variety of Chinese economies as part of its Belt and Road Initiative (BRI), a plan to control the most important roads, ports, and railways in the world by building them through the use of predatory loans and then seizing the properties. China has already seized a major port in Sri Lanka and has begun construction of projects throughout Africa and the Middle East, exploiting weak economies.

The American State Department has repeatedly warned developing countries to stay away from Chinese “predatory loans,” but the governments of many African states – prominently Nigeria, South Africa, and Kenya – have chosen to take the fast loan money and greenlight the projects.
The only question is whether the Chinese economy will fail first, or the countries taking the loans will fail first due in no small part to falling Chinese demand for the commodities they produce?

Justin Trudeau, accomplishing miracles since 2015, making Pierre Elliot look smart, competent and western friendly.
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post #9 of 13 (permalink) Old 08-23-2019, 02:08 PM
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It's time for a huge meteorite to strike this planet. Reset.
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post #10 of 13 (permalink) Old 08-23-2019, 02:20 PM Thread Starter
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China is going to fold up like a cheap blazer, that there is little question of. When they go down nobody else will be immune from the knock on effects from the debt and failed financial instruments this will cause.

One thing that concerns me in all of this is that the debts in china have been used to fund infrastructure and productive economic assets. Debts in the west have funded "entitlement" programs. Once the dust settles they will still have the infrastructure and hard assets in place to build upon. What will we in the west have to show for it? Their highways will have a lot more potential for rebuilding an economy than our unemployed social workers and gender studies advocates.

The crash of 87 was caused by a default by the USSR on their bonds and LTCM's exposure to them. A default by China would be exponentially worse. "A demon of our own design" by Richard Bookstaber goes through those events; This book gives a good idea of what is going on out there.

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