China's decline - coming soon (another article)
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@Mik said in China's decline - coming soon (another article):
A hungry tiger is dangerous.
One of the predicates for Japan's attacks on the US was, presumably, the US oil, steel embargoes and imposition of banking regulations.
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As has been noted before:
China is the first country which is getting old before it got rich.
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Are we ready for the consequences of China’s collapse?
https://www.nationalreview.com/2023/09/prepared-for-the-fall/
"Now look here, you Baltic gas passer... " - Mik, 6/14/08
The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.
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Maybe Trump isn't as stupid as Jon thinks he is. Maybe there are some industries that do not need to leave these shores. Maybe we should trade freely with nations that do not steal our intellectual properties, through reverse engineering or industrial espionage, and not with those that do.
All that may not be good for Wall Street, but Wall Street is not the economy.
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Are we ready for the consequences of China’s collapse?
https://www.nationalreview.com/2023/09/prepared-for-the-fall/
@George-K said in China's decline - coming soon (another article):
Are we ready for the consequences of China’s collapse?
https://www.nationalreview.com/2023/09/prepared-for-the-fall/
Yes, I think we are.
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That's another discussion. It's well known that China does all those things repeatedly and enthusiastically.
@Mik said in China's decline - coming soon (another article):
That's another discussion. It's well known that China does all those things repeatedly and enthusiastically.
Correct. And many also require foreign companies that do business in mainland China to take on a local partner.
I have talked to a few people in that area, and most foreign companies sell at least one or two generation old technology to China as they know it will be tried to be reverse engineered.
