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Old 05-28-20, 10:20 AM   #12
Skybird
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Yes, I see it like Neal a bit. But the Germans with their extreme export orientation and very heavy investments in China will not do it, even less so since Covid 19 has worked as a catalyst to bring to light the inherent weakness of the German eocnomy: that Germany always consdered its export-driven model a strength while in fatc this dependecny is a wekaness and vulnerability. Germany also hate-kills its key industry: cars, first prefering electrification, then crashing the Diese,l then demonising all gasoline driven cars in general. And all the entrepreneurs who spend mone yin China to help them getting knbpoweldge transferred to them sdo that the ybecome competetive, will demand that these investements are not ust written off. Whcih woudl again be a damage to the tx payer, too.

Catfish also is right. The Chinese in many areas are no longer just second or third grade quality producers. In computers, but also othe rbranches, they set the trends, they rival for the top ranks in yearly innovations in tehcnoloigy in general, in medicine. Catfish points at something correct: China doe sno longer benefit from innovaitons made by foreign nations/eocnomies, but it drives innovations. And once again the Us is better suited to confront this, if it wants, than the EU states. Its universities and its technological corproations loike Amazon, FV, Goodle, Apple etc, are maybe capable to face confrontation with chinese and even rigged competetion: what ahs Europe here? SAP maybe, but then nothing, and the certain "Excellence" universities are internationally - sorry, more or less irrelevant.

The only otpion the Eu states seem to have is: making big-mouthed words and appealing to the Chinese not being so compettiotve. I know how this will end.

And I did not even mention to compare European and American banks. Look at the list of the biggest 100 baks in the world, and then you know what role the Europeans play in this sector: none you want to base your fate on. Plus the Euro collapsing in slo-mo.

Maybe some Europeans know what should be done. Its just that the EU now is so dependent and weak that it cannot do them. Look at the big wonderplan Super-Uschi has unveiled, 750 billion Euros for post-Corona rebuilding. Its just thatthat the EU'S share of that, 250 bn, bases on tax schemes that do not even exist and that are so quastionable that legal experts and economy experts doubt that they ever could be turne dinto reality, and that they would work as planned.

Chaising phantoms once again.

If the Chinese have to fear one thing, than it is the Americans. The Europeans are not only harmless in will, but also impotent by ability: financially, economically, culturally, educationally, and militarily anyway.

The French lost their Napoleonic grandesse. The Dutch lost their trading empire. The Brits loost their empire. The Italians lost their glorious Roman past. The Greek their ancient heritage. The Spanish thei rEuropoean dominance and South America. The Germans lost two big wars. And now it is the EU loosing its claim for relevancy. Europe, after three millenia of dramatic and fantastic history, is exhausted, is old, tired, and weak. Play again in some centuries maybe, if the human world still lasts that long. But not in the coming spans of generations. And befiore it gets there, it must survive the Chinese and the Islamic challenge. Both will last for centuries.
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