EPISODE · Sep 21, 2022 · 21 MIN
Peak China - John D. Kuhns #5605
from Financial Survival Network · host Kerry Lutz
Summary: John D. Kuhns sits down and chats with me about Chinese infrastructure—which is lacking in strength and often misrepresented by the media. John provides an insider perspective; as someone who is working to save Bougainville, he notices a lot of the corrupt methodologies of the Chinese when it comes to building and infrastructure. He also predicts that China is at its peak as a commercial enterprise. Tune in for more insight. Highlights: -In addition to being a novelist, John D. Kuhns has extensive experience working overseas and in various fields -He’s handled various hydro-projects and electric projects in China -John thinks China is probably right at its peak as a commercial enterprise due to a few reasons, one being demographic trends -Additionally, the no-COVID policy has slowed the country down -Lastly, most economists estimate that the pervasive fraud takes about 20% of the cash out of the system manually, which isn’t sustainable -There are quality issues with the Three Gorges Dam -They have no interest in doing rudimentary, basic maintenance. They simply want to get it built rather than focusing on its infrastructure -The dam is built on two earthquake faults; we’re seeing cracking and draughts -John D. Kuhns has also been making efforts to save Bougainville -If the mine there was rejuvenated today, it would be one of the top ten silver/copper suppliers in the world -His latest book They Call Me Ishmael, is about the current president of Bougainville; there hasn’t been much literature on Bougainville due to the crisis Useful Links: Financial Survival Network John D. Kuhns
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Peak China - John D. Kuhns #5605
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