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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (62324)1/24/2019 3:47:54 PM
From: maceng21 Recommendation

Recommended By
marcher

  Read Replies (1) | Respond to of 71442
 
Thanks, yes, the nature of China has changed totally changed since the 1970's. It is now very big in Africa, as you say, and has worldwide reach in all sorts of ways.

No argument.

Back in the 80's and 90's, whilst in the Semiconductor business, each time we upgraded the company I worked for, they would religiously scrap old equipment rather then sell it to help competitors get a foot hold in the market.

In the early 90's we were instructed (I worked for several multi nationals over the years) that activity was religiously changed from scrapping old equipment to sending it to China.

The Maintenance people in the business in Scotland all had memories of the Shipbuilding Industry been taken over by the Japanese, and later the Koreans, in a very similar way during the 1970's. They foresaw a recurrence of all the business and jobs going and they were 100% correct.

Nobody understood why those things happened. Well, nobody understood back in those days why they happened.

It is clear now big financial interests "influenced" these decisions.

I have mentioned this several times over the past 20 years.

e.g.
Message 27165806

So who is the real enemy? It's neither China or Japan.... or Korea. Well maybe China is a problem now, but it wasn't an enemy for a long time. This matter of National Security needs a better answer then the "it's economics" codswallop. If the people of the USA and Britain (well all nations actually) need to stay strong with a good military, there needs to an economy were people can buy stuff... and to do that they need to work.

The Soviet Union broke up because the USSR military budget crushed the economy. Hope we (UK, USA, "The West") are not as silly as that !

Something very deliberate has been going on, and it's been noticed by many. It is the commies (or Fascists ... same thing almost) but they are not hiding under the bed, they are not in Hollywood, and they do have lots of money. They suck up everyone's money, pay for nothing but collect it all.

Hillary is not the answer, nor is her closest pal playing on the other side of the fence Alex Jones. What a nice pair they are. Tony Blair is not the answer either. These "socialists" are not social at all.

youtube.com

Now are you still confused why I voted Brexit? This has little to do with "current economics", it's far far bigger then that. The next ice age can come and go before I change my view much on that point.