September 14, 2020
This shows China has major vulnerabilities
"The shrimp fishery in Liberia, based mainly on P. notialis, P. Atlantica, P. longirostris, P. kerathurus, and P. monodon was one of the first successfully established in West Africa. An economic analysis of the fishery undertaken by the International Finance Corporation in 2015 suggests optimal catch rates per vessel is 70 tons of shrimp per season, for vessels of 350 hp.â€
https://www.thenewhumanitarian.org/news/2009/11/19/disease-rife-more-people-squeeze-fewer-toilets
The ability to produce enough food is critical to maintaining an industrial economy. Japan concentrated on food production first when they industrialized, and it worked. Other nations aimed for industry first and failed. As long as China can stay ahead of starvation they will pose a threat, but how long will that be? If we don't prop them up they will eventually implode, in my humble opinion.
Hat tip: Andrei Piriutko.
Posted by: Timothy Birdnow at
09:46 AM
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