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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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To: Cogito Ergo Sum who wrote (3209)9/2/2019 9:35:32 PM
From: Elroy Jetson1 Recommendation

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pak73

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Unauthorized US printing of Charles Dickens and other UK writers ended with the International Copyright Act of 1891. Just prior in the 1850s there was a lot of global opposition to copyright protection.

This was hundreds of years after the Han Dynasty seized Hong Kong in 220 AD, but only fifty years after China ceded Hong Kong to Britain in 1841.
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While the first UK patent was issued in 1331, the first Patent Act of the U.S. Congress was naturally not passed in 1790, which happened to coincide with the industrial revolution with steam engines and power looms.

But post-Revolutionary War events leading to the US-British War of 1812 and chilly relations following the war interfered with their mutual protection of each other's patents leading to mutual IP theft between the UK and US. If China has secretly declared war the other nations of the world, China's IP theft may be a similar act of war - but China hasn't made their war declaration public.

The US required the examination of competing patents in 1836, and this increasing enforcement of patent infringement led to a backlash against patents in many European nations around 1850 leading the Netherlands to abolish Patents in 1869.

But by 1910 the regime for the international protection of patents was in force.
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Communist Russia and China once created, immediately declared war on international patent protection law, directing their military to steal industrial secrets around the world.

This pirate behaviour of these two communist states still remains in effect, which was consistent with these rogue nations being sanctioned from trading with other global economies.

We're now in a period of reckoning. Many mistakenly thought China would abandon state-directed industrial theft after becoming a global trading partner, but the level of theft has only increased.

Since being a thief is not acceptable behavior for a trading partner, we're naturally experiencing a period of adjustment to deal with unexpected and unacceptable criminal behaviour.

This just happens to coincide with horrifically adverse demographic conditions in China's population which will make this period of reckoning more difficult for the Chinese economy.
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It's not surprising, living at ground-zero, that TJ sensed this TEOTWAWKI armegeddon for the Chinese economy long before it became obvious to those living in more secure locations.
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