Fascinating take of the reset of the world economics. The recent BRICS meeting literally frightened the West with the prospect of the majority of the world's populations aligning with Russia, India and China as the new superpowers. We are not privy to internal Russian economics, but Europe will take a terrible hit in energy resources, food and other petroleum-based industrial output. Siemans, BASF in Germany, have strongly advised the Green Party that their policies will cause massive upheaval. Nuclear, wind, solar power are nice, but not so clean or efficient. Coal is now the fuel of choice... The U.S. is so de-industrialized that we have to rely on China for car parts, ammunition and even apple juice. Russia will do okay...The West, however, needs to rethink their dependence on technology that needs mining and manufacturing components that are supplied via unfriendly countries.
Fascinating take of the reset of the world economics. The recent BRICS meeting literally frightened the West with the prospect of the majority of the world's populations aligning with Russia, India and China as the new superpowers. We are not privy to internal Russian economics, but Europe will take a terrible hit in energy resources, food and other petroleum-based industrial output. Siemans, BASF in Germany, have strongly advised the Green Party that their policies will cause massive upheaval. Nuclear, wind, solar power are nice, but not so clean or efficient. Coal is now the fuel of choice... The U.S. is so de-industrialized that we have to rely on China for car parts, ammunition and even apple juice. Russia will do okay...The West, however, needs to rethink their dependence on technology that needs mining and manufacturing components that are supplied via unfriendly countries.