USA Glass Industrialist, Multi-Patented Inventor, Amateur Historian of Great Powers, Born Sunderland UK, Exchange-Student Finland, Asia/Econ Degree UQ Australia
@EvelinaHahne I remember staying in Kista some 35
years ago and even then it was known as a suburb of Stockholm popular with immigrants. At that time it was Finn’s. It sound as though now the Finn’s have been replaced by people from further afield with less cultural similarities.
Well step one would be a currency which was allowed to appreciate to a fair market value. Perhaps you do not realize that the renminbi/yuan is kept at half its real value to (a) discourage Chinese purchasing of imports.. wow Western goods sure are expensive (b) encourage Chinese exports.. wow Chinese stuff sure is inexpensive in the West and (c) prevent capital flight from China.. wow we made all these profits as the Chinese factory owner and we only paid the Chinese workers a pittance so better stash the loot overseas.
@World_At_War_6 Chinese invasion would be a worst case scenario for the West just as much as for Taiwan. Indeed it would become the dividing line between Western decline and Chinas rise to being the world’s preeminent power.
@Stellarixorine@sciencegirl Different industrial future actually really means no industrial future. China opens 2 power station thus size every month. The West is bankrupting ourselves for what again?
@jacksonhinkle No one can dispute China is a great civilization. However governing by the hammer and sickle while operating a free wheeling capitalist system is one of the stranger contradictions of the modern world.
@BeijingDai I can never understand why China is so determined to destroy the U.S. based open international order which has been so pivotal in helping lift hundreds of millions of Chinese people out of poverty?
@FirstSquawk Would need to be at least double this amount to realistically counter China. The extra money needs to be spent on a massive investment in ai controlled autonomous devices for air (drones), sea and land as well as the infrastructure to manufacture them by the millions.