Quote:
Originally Posted by bstanko6
Isolationism. There was a time you had only the money that was in your county reserve. No more no less. All this borrowing, lending, spending...
When the global depression hits, we all need to go back to the isolationist ways. US was an economic powerhouse without foreign investments.
Now we have "paper" billionaires. On books they have cash but couldn't pull that money out to put in their pocket right now if they could... doesn't exist!
Am I right or crazy?
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thats why I am intersted to see how China will do. The Western dominance in globla trade of the past two hundred years, was just an anomaly in the past two millenia. Because except in those two hundred years the by far dominating and most powerful trading nations in the world were China, and India. And with their modern Silk Route project and the outlook to overtake the US in net productive economy size around the year 2030, by today'S trends, nobody can say that they just will fall victim to whatever happens to the West.
Just compare how little time it takes them to build a huge and fully functional international airport - and how long it takes the Germans.
The construction expertise of the world these days sits not in Germany or America, but China. They want it - so they decide it, they do it and they put all effort needed into it. Period. Germany should turn pale in embarassment.
And its not just the airport in Berlin. Itds also the govenrment's aircraft flying from it.
On a sidenote, Lufthansa considers to withdraw from the never ending drama around Berlin airport, and cancelling any plan to build a base there. Mind you, this was meant to be a prestige project and the national capital's primary airport for which Tempelhof got shut down and Tegel still is planned to be shut down.