Quote of the day: depreciating value of exported electronic goods from China

A rail cargo line has been “relaunched” between Europe and China that is one month faster than traveling by sea and costs 20% the price of air cargo.

What is the motivation for restarting this potential time + cost savings?  Because:

In a month, the export value of one consignment of electronic products might devalue by about two percent, about several tens of thousands of dollars.

This actually relates to Bitcoin/Litecoin mining as well.  Most ASICs today have less than a 6 month profitably window before they need to be dumped or pointed to another profitable altcoin.  The sooner you ship a batch, the quicker the receivers can recoup the costs.

See China-Europe railway relaunches from China Daily

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One thought on “Quote of the day: depreciating value of exported electronic goods from China

  1. Very nice find this article.

    One of the arguments against a deflationary currency is that no one will spend it. The same could be said of any money you intend to spend on electronic gadgets. If you wait you will get much more powerful gadgets than if you spent the money today. Yet, people do spend a lot of money on smartphones and computers and stuff. Why is that?

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