Quote:
Originally Posted by Dargo
Without the markets of the West that majority of mankind will go into a depression, production can quickly transfer to other regions.
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I so then I have missed why they have a globalisation problems since so many years. Where are the overwhelming majority of quantities of rare earths located? Which country is the pharmacy of the world? What place is the global hotspot of chip production that, if stopping, would bring the global economy to a standstill? Which country, that gets heavily sanctioned currently, nevertheless exports ressources as if there was no war raging, and forms ties with thankful third world countries who now can afford these ressources? Which countries have no problems with shrinkling workforces, both low-education labour and specialised expert jobs? - China. Russia. India. Taiwan. Russia. Asia.
The big economic players in South America and Africa are Brazil, South Africa, and Kenya, Nigeria. Two of these belong to the BRICS club. And BRICS is not about being friends with the Western economies. BRICS is a dedicated anti-Western economic alliance.
Both China and India each have a population of 1.4 trillion. Thats where the future music plays.
If we could switch production to other places that easily and quickly and stay competitive nevertehless (which we can't), we already would have done so. Plus some of us are big exporters ourselves, namely Germany. We need these countries to buy our stuff.