"There’s one very important economic truth that’s slowly being realized—the so-called developed nations deindustrialization signals the fact that they are becoming developing nations: "
This needs to be better understood. Researching an article recently I was amazed to find that the UK's manufacturing output (on the way down) is now on a par with Indonesia (on the way up). The world really is being turned upside down.
...'developing nations' is so kind. The truth is 'self destructing'....the West drowns in floodwaters of judgement, their Pride (literally and metaphorically) doesn't and won't see it....
“Developed countries should provide developing countries with the necessary funding, technology and capacity-building support.”
Provide by gift, free commissioning of indigenous collaborative productive activity [development] by providing the wherewithal. Not investment by interest-bearing loan, indebtedness, the capitalist device. Gift obviates debt. Helping without obligation.
China isn’t telling the world what it should do; it is offering what it is already doing for emulation - bypassing hypocrisy. Go and show how, if acceptable to the recipient.
From yesterday: “Russia reaffirms its readiness to remain a reliable supplier of agricultural products, fertilizers and energy resources to international markets, including in the form of gratuitous assistance to the poorest states.”
There's lots of largesse from China happening in Africa that we never hear about because it's not being reported. China has a very big interest in uplifting African nations so they can afford to purchase Chinee products. Russia, too. Putin at Valdai outlined the major problem as the very uneven nature of African economic development when developing economic assistance plans.
It's hard to disagree with President Xi's words. Obviously China isn't everyone's favourite country or people. But China isn't an aggressive, warmongering country. The only reason it's building up its military strength. Is to defend itself after suffering from aggressive actions against it in the past. The West do not listen to a single word spoken by Russia, China or anyone else outside their gang. It's only got worse as time moves on. This arrogance can only result in bad things . The total lack of educated diplomats representing the Western countries now. It is absolutely shocking, how far standards have fallen. I wish I was sure the West would take notice of President Xi's words. But I'm not very optimistic.
I suggest listening to Pepe Escobar's hour-long chat with Nima that occurred earlier today for his commentary on that issue and others. Remember as you listen that Rubio's sanctioned by China. I agree with Pepe that the #1 problem is West Asia, https://www.youtube.com/watch?v=oglfE3We048
China tremendous manufacturing capability in renewable energy production stands to further dominate global production during the green transition, so they hope. Unfortunately the idea of a global energy green translation is a pipe dream doomed for failure. With the exception of nuclear energy, fossil fuel will continue to be the main global power source well into the foreseeable future.
Thanks to today's far more efficient energy production, developing nations development won't be as harsh on the environment as those that developed in the 19th Century.
With the exception of wind, I do see renewable energy playing a significant role in niche markets such as solar including in a lesser degree to petrol, limited applications in urban transportation, electrificationin remote off grid sites particularly as battery storage technology continues .
I like the upper atmospheric kite/plane systems that are tied to terrestrial generation systems. Rosatom's nuclear battery is another solution for remote locations as well as its floating nuclear power plants as they negate the need to construct long-distance high voltage lines through the Arctic wilderness to power operations. And with the new generation reactors, all fuel gets burned leaving no waste for disposal. The Chinese are very long-term planners, and they see space-based solar as one major solution for the second half of the 21st Century.
The one thing GWB got right was in calling trickle down economics, voodoo economics, we are now living with the results of it.
While Xi say everything any person with half a brain might would say yeah too, does he fail to realize
that the CW will do everything in it's power to stop that? How is his vision going to be achieved with
the state of the CW being what it is? How will amerika ever pay back its $36tril debt(never going happen)?
"There’s one very important economic truth that’s slowly being realized—the so-called developed nations deindustrialization signals the fact that they are becoming developing nations: "
Genocide Joe calls the economy great, Trump hasn't a clue as how to fix the shitshow, so this statement
while spot on could be fixed to read as follows
"There’s one very important economic truth that’s been realized since 2008—the so-called developed nations deindustrialization signals the fact that they are now developing nations: "
Yeah, GHWB while DCI standing for POTUS against Reagan was 100% correct about Neoliberalism, he nonetheless implemented that plan as Veep then POTUS, although he realized more revenues were needed to avoid expanding Greenspan's debt bubble.
By CW I assume you mean Corporate World. You'll notice that CW doesn't invest in anything that promotes development as that's against Neoliberal doctrine. What CW wants are opportunities to extract rents of all sorts, the core of Neoliberal disease.
Apparently, Trump intends to raise revenues via his tariff regime, which most see as a failed plan before it's even implemented. When looking at neoliberal nation's economies, their policies are made to benefit the top 10%, which means no investment is being made into anything that benefits the 90% unless it also benefits the top 10%, and such projects are very few, like airport upgrades.
By CW I meant the Collective West but Corporate World works cuz in reality they are now one and the same.
Yep billions upon billions for Ukraine/Israel while the residents of LaHaina, East Palestine, North Carolina go without. Add in the homeless, those in poverty, those living paycheck to paycheck, the foodlines going on for miles, ain't none of that going to be fixed with tariffs
Xi/Putin have to know all of this, that the CW+the CW is in a state of total dysfunction, yet they seem to have decided it's best just not to intervene and watch it all happen in slo motion
Recall one of the UN Charter's major points--no interference in the internal affairs of other nations. Russia/China behavior in Africa show they're willing to get involved and help when asked or a yes answer is made to their query about helping.
"There’s one very important economic truth that’s slowly being realized—the so-called developed nations deindustrialization signals the fact that they are becoming developing nations: "
This needs to be better understood. Researching an article recently I was amazed to find that the UK's manufacturing output (on the way down) is now on a par with Indonesia (on the way up). The world really is being turned upside down.
...'developing nations' is so kind. The truth is 'self destructing'....the West drowns in floodwaters of judgement, their Pride (literally and metaphorically) doesn't and won't see it....
I wish we'd hear actual believable talk like this from western nations and, I know, that's a pipe dream...
“Developed countries should provide developing countries with the necessary funding, technology and capacity-building support.”
Provide by gift, free commissioning of indigenous collaborative productive activity [development] by providing the wherewithal. Not investment by interest-bearing loan, indebtedness, the capitalist device. Gift obviates debt. Helping without obligation.
China isn’t telling the world what it should do; it is offering what it is already doing for emulation - bypassing hypocrisy. Go and show how, if acceptable to the recipient.
From yesterday: “Russia reaffirms its readiness to remain a reliable supplier of agricultural products, fertilizers and energy resources to international markets, including in the form of gratuitous assistance to the poorest states.”
There's lots of largesse from China happening in Africa that we never hear about because it's not being reported. China has a very big interest in uplifting African nations so they can afford to purchase Chinee products. Russia, too. Putin at Valdai outlined the major problem as the very uneven nature of African economic development when developing economic assistance plans.
It's hard to disagree with President Xi's words. Obviously China isn't everyone's favourite country or people. But China isn't an aggressive, warmongering country. The only reason it's building up its military strength. Is to defend itself after suffering from aggressive actions against it in the past. The West do not listen to a single word spoken by Russia, China or anyone else outside their gang. It's only got worse as time moves on. This arrogance can only result in bad things . The total lack of educated diplomats representing the Western countries now. It is absolutely shocking, how far standards have fallen. I wish I was sure the West would take notice of President Xi's words. But I'm not very optimistic.
I suggest listening to Pepe Escobar's hour-long chat with Nima that occurred earlier today for his commentary on that issue and others. Remember as you listen that Rubio's sanctioned by China. I agree with Pepe that the #1 problem is West Asia, https://www.youtube.com/watch?v=oglfE3We048
China tremendous manufacturing capability in renewable energy production stands to further dominate global production during the green transition, so they hope. Unfortunately the idea of a global energy green translation is a pipe dream doomed for failure. With the exception of nuclear energy, fossil fuel will continue to be the main global power source well into the foreseeable future.
Thanks to today's far more efficient energy production, developing nations development won't be as harsh on the environment as those that developed in the 19th Century.
With the exception of wind, I do see renewable energy playing a significant role in niche markets such as solar including in a lesser degree to petrol, limited applications in urban transportation, electrificationin remote off grid sites particularly as battery storage technology continues .
I like the upper atmospheric kite/plane systems that are tied to terrestrial generation systems. Rosatom's nuclear battery is another solution for remote locations as well as its floating nuclear power plants as they negate the need to construct long-distance high voltage lines through the Arctic wilderness to power operations. And with the new generation reactors, all fuel gets burned leaving no waste for disposal. The Chinese are very long-term planners, and they see space-based solar as one major solution for the second half of the 21st Century.
The one thing GWB got right was in calling trickle down economics, voodoo economics, we are now living with the results of it.
While Xi say everything any person with half a brain might would say yeah too, does he fail to realize
that the CW will do everything in it's power to stop that? How is his vision going to be achieved with
the state of the CW being what it is? How will amerika ever pay back its $36tril debt(never going happen)?
"There’s one very important economic truth that’s slowly being realized—the so-called developed nations deindustrialization signals the fact that they are becoming developing nations: "
Genocide Joe calls the economy great, Trump hasn't a clue as how to fix the shitshow, so this statement
while spot on could be fixed to read as follows
"There’s one very important economic truth that’s been realized since 2008—the so-called developed nations deindustrialization signals the fact that they are now developing nations: "
Yeah, GHWB while DCI standing for POTUS against Reagan was 100% correct about Neoliberalism, he nonetheless implemented that plan as Veep then POTUS, although he realized more revenues were needed to avoid expanding Greenspan's debt bubble.
By CW I assume you mean Corporate World. You'll notice that CW doesn't invest in anything that promotes development as that's against Neoliberal doctrine. What CW wants are opportunities to extract rents of all sorts, the core of Neoliberal disease.
Apparently, Trump intends to raise revenues via his tariff regime, which most see as a failed plan before it's even implemented. When looking at neoliberal nation's economies, their policies are made to benefit the top 10%, which means no investment is being made into anything that benefits the 90% unless it also benefits the top 10%, and such projects are very few, like airport upgrades.
By CW I meant the Collective West but Corporate World works cuz in reality they are now one and the same.
Yep billions upon billions for Ukraine/Israel while the residents of LaHaina, East Palestine, North Carolina go without. Add in the homeless, those in poverty, those living paycheck to paycheck, the foodlines going on for miles, ain't none of that going to be fixed with tariffs
Xi/Putin have to know all of this, that the CW+the CW is in a state of total dysfunction, yet they seem to have decided it's best just not to intervene and watch it all happen in slo motion
Recall one of the UN Charter's major points--no interference in the internal affairs of other nations. Russia/China behavior in Africa show they're willing to get involved and help when asked or a yes answer is made to their query about helping.
Conventional scholastic courtesy is to Spell Out Your Acronyms (SOYA) before using them. So it would be helpful if commentators SOTA.
I don't believe I was taught that in my masters class yet at uni here in amerika, but I'll definitely be looking for the confirmation of such courtesy
Thanks for the tip!!
'global governance'...it's all about power shifts, pick your poison. I'll choose elsewhere, in neutral, where I belong.🙏