posted on May, 14 2018 @ 03:39 PM
a reply to: namehere
I can see your point.
At the same time though China is creating it's silk road 2.0, it's made huge strides in travelling down that road too. Either way I look at things
globalism in terms of trade is a thing that's going to stay, for instance China is never going to stop importing iron or even refined resources from
the likes of Australia. Not to mention all of it's future prospects that are seemingly going well.
Look where most of the world's shipping is based at and where it operates from... This move won't be the breakwater that stops the Chinese tsunami.
It's made landfall in too many places already.
Even my own nation is looking to more cooperation with China.
I'm far from well-versed in worldwide economics but I do understand the double-edged sword in regards to becoming self-reliant. We want cleaner air,
better living standards. It's somewhat difficult to do that when we produce everything in the economic food chain. It's why foreign raw resources is a
big thing in the world... It's cheaper, cleaner and all round "better" for our nations. In the short-run that is. Same goes for production. China,
like many other Asian nations are absolute powerhouses in the literal sense, we've all heard of the damage their energy production is doing over
It's why I can't help but think this is much more political than economics.
Trump was always correct about China being a currency manipulator, the yen is kept purposely low... Western markets have been kept inflated. A
scenario I've always thought couldn't go on indefinitely.
you've got me scratching my head a bit now haha, I like that.