Cyprus-Forum.com

[Paphitis]

Pyro, you have absolutely no clue.

You have no idea what these RIO and BHP contracts involve. For all we know, they were probably already paid for before the ships even left Australia. These companies didn't come down in yesterday's shower. You don't know what clauses they have.

The clueless one is actually YOU. Go ask a Bank what an irrevocable and confirmed Letter of Credit is, and when exactly that ICLC is not valid anymore. Go ask the procedure by which payment is effected. Go ask what documents should pass through the Bank from the captain of the ship, the ports authority, and the customs clearance, to actually effect the payment. You have no idea, you think the payments are done the way of buying a whopper with cheese at McDonalds. Enough of your fantasy trips, I already got bored

Secondly, Australia has been doing very well.....
.... Warning: An essay follows.....
Read enough nonsense already

Oh I know what a confirmed letter of credit is don't you worry about that and I also have experience giving credit on 30, 60 and 90 day terms. Well it's really 30 day terms but things bought at the beginning of the month, don't have to be paid till the last business day of the following month which is a credit term of 55 to 60 days. And usually, to apply credit to a debtor, the debtor's directors must sign a Guarantee, allowing the creditor an avenue to take collection action on their assets in the event of default or non-compliance with the terms of the contract. RIO TINTO and BHP will not dump anything without payment unless they have enforceable guarantees which is very unlikely in a country like China.

You however have no clue how oil and resource companies operate across international borders. You do not know anything about their contracts or whether they are paid in advance or not.

These resource companies probably will not dump tens of millions of dollars of product into a foreign country in the midst of a trade war without having some guarantees of payment.

[Paphitis]

AND AUSTRALIA IS NOT FOR SALE! GOT IT! WE DO NOT SELL OUR SOULS SO WE CAN SELL COAL OR ANYTHING ELSE AND ALLOW THAT BITCH OF A COUNTRY TO EXERT ANY POWER OVER US LIKE THEY DO TO YOU. YOU ARE THE BITCHES SO BEND OVER!

OUR SOVEREIGNTY AND COUNTRY IS ABOVE ALL ELSE INCLUDING PROFITS. WE ARE A PROUD COUNTRY AND PROBABLY A COUNTRY YOU LOT SHOULD LOOK AT AS A LEADING EXAMPLE.

Stop BARKING!!

I'm not barking. I'm just talking you the truth.

Australians are very proud of their country and have had a gutful of shit countries like China. Why? Well let me explain it to you. For a long time, China was Australia's biggest trade customer but the Chinese were trying to use this to apply pressure on us and manipulate our Government. When the AUSGov instigated a global investigation into China over its handling of the COVID outbreak in Wuhan and whether it escaped their lab, the Chinese Government applied intense pressure on Australia to drop it or face the consequences. This didn't play out too well for China but it would have worked on most countries like Cyprus for instance. When China says something to you, you obey.

Well Australia isn't one of those countries and stood its ground. So what followed was a trade war which had the support of the majority of Aussies. In fact it was seen as a great opportunity to diversify our markets by looking for new markets like India for instance. This, over time has reduced China's clout in Australia. And the trade war really hasn't affected us as much as you would think. The Australian economy is a very resilient beast because we are self sufficient in most commodities except for OIL. And because we are energy and resource rich, it appears that emerging economies like China are much more reliant on our commodities than we are of them. They have no effect on our industrial production but we have some control over theirs. So they end up with the black outs whilst AUSGov sits back and laughs at them. It's kind of poetic.

I told you all about this years ago.

And to rub further salt into their wounds, we have signed a contract with the UK and US for the construction of dozens of Nuclear Powered Submarines for the USN, Royal Navy and our own.

Yes, the mind boggles doesn't it. Some of the Nuclear subs destined for the USN and Royal Navy will be built in Adelaide and another facility in California, USA. Another fuck you to China.

[Paphitis]

and the Peng Shuai saga proves to you all what a bitch of a country China really is. And compare this to the US, or UK and USA

Peng Shuai accused one of China's most senior politicians in the CCP of sexual molestation. And all of a sudden, she has disappeared without a trace. Now, she might be detained, or at the very worst case scenario has been killed. No one really knows.

She was suppose to play at the AO, but there has been no sign of her whereabouts or even existence. And the Tennis community in Australia love Peng Shuai and the other Chinese players.

Now, imagine someone comes out of the woodwork and accuses the US POTUS, or Boris, or Scott Morrison of sexual harassment or molestation. It's happened before. The most recent was trump. The only thing that happens in the US is that the accuser gets very rich with an out of court settlement of millions.

MAKE NO MISTASKE ABOUT IT! CHINA = BITCH!

China isn't a country anyone should rely too heavily on and it's really not the only one. There are others - Saudi Arabia for one. And sure, the system is unfair because China is rightfully made an example of, whilst Saudi Arabia gets away with a lot. Well the system isn't always fair and politics and money as well as oil do play a role.

No one in their right mind would support China unless there was money involved. They do have a lot of money and power.

The problem with China, is that there are over a hundred countries willing to close their eyes. Cyprus is one of those countries that closes its eyes because Cyprus has been bought. So basically, you are now China's bitches because you took corrupt Chinese money in the billions and even sold their biggest mafia criminals Cypriot passports. Congrats Cyprus. And now you have these huge towers of apartments similar to the one's in Dubai. Only problem is, they are mostly empty and white elephants as they were just a front to launder Chinese and Russian money.

When you sell your soul like that, you end up losing your dignity to money. And the people can see that. So your young ones start not giving a stuff and don't even want to serve their country or even be proud of the RoC and its achievements. They become despondent. That is a very costly thing.

So yeh, you REALLY need to look at the Australian psyche and what Australia has been doing the last few years because they are a beacon of light and offer a lot of hope. Australia is not a bad country and neither is Cyprus for that matter. Just don't EVER put the money ahead of your country. You will gain some money but you will lose a lot more.

[repulsewarrior]

Tiny Taiwan may become the representative of the Chinese People, to the world; ''China'' becoming more isolated with all its efforts.

...this last cut in Chinese relations, (and after the Hong Kong ''integration"), appears to have established a Chinese identity, that is not the "Chinese", who defend Chinese culture with an independent mind.

...lol, i bet only the Olympics has saved Taiwan from invasion , and as a result of these Olympics, ("China" will find a way (again) to make them political), "China" may win the most Gold and be the biggest loser of all .

[repulsewarrior]

...is China bankrupt?

What with the way the world is run today, financially, it is a matter of confidence.

...do the People want change enough to pose these demands in a manner which cannot be ignored; as it is Xi has an opposition within the Party itself.

...and Internationally, already disrupted, trade receives all the more scrutiny, as does investment; who now trusts the CCP's credibility after the past few years?

Transparency, accountability, are important; can China's Leadership compete when these qualities appear lacking?

...bigger than the Ukraine, may be Xi's collapse; worrisome, with war as a distraction, a choice.

[Get Real!]

...is China bankrupt?

You’re like a blowfly going straight for whatever excrement you can sniff on junktube!

[repulsewarrior]

...a blowfly; is China a dead carcass: what is your point?

...watch this space; "China" is not news at the moment, obviously it will be.

cheers.

[Get Real!]

...a blowfly; is China a dead carcass: what is your point?

...watch this space; "China" is not news at the moment, obviously it will be.

cheers.

China will soon be taking over the planet so you’d better start learning Mandarin or Cantonese, little pauper!

[repulsewarrior]

...a blowfly; is China a dead carcass: what is your point?

...watch this space; "China" is not news at the moment, obviously it will be.

cheers.

China will soon be taking over the planet so you’d better start learning Mandarin or Cantonese, little pauper!

I do not disagree with you, but i will likely be dead by the time that happens; yet it may never happen, Chy-na may not stand.

While the People most certainly survive, it is after-all their Civilization, i am anxious to see if Xi can adapt to the plagues he has brought on himself, the flooding for example, the crappy Olympics, COVID's menace in China still, never mind Huawei's descent from its preeminence to pariah, or the crash in Real Estate, to name a few.

...little pauper you say? Do you imagine yourself any different? I hope not.

[Get Real!]

While the People most certainly survive, it is after-all their Civilization, i am anxious to see if Xi can adapt to the plagues he has brought on himself, the flooding for example, the crappy Olympics, COVID's menace in China still, never mind Huawei's descent from its preeminence to pariah, or the crash in Real Estate, to name a few.

It’s the West’s plagues you should be worrying about including their profound jealousy, hatred, racism, hypocrisy, and criminality.

Trash is trash is trash… no matter how you try to cover it one cannot get rid of the rotten smell.