Very intelligent presentation, worth watching including the questions from the mature audience.
My 2 cents
There is a generational gap here between the old money and the current working class. The speaker may be correct in being alarmist about the future generation of educated uber drivers?
Why is the allure for the Chinese individual investor willingly buying up properties in California and or investing in markets in the us propping up the s and p were it not for the free trade? I think if you tell the individual investor where to park his money then we will be becoming like an autocratic China prior to the 70s. I have Chinese American friends who vouch for individual freedom over top down social prosperity. I am assuming the grass is green on the other side and I am assuming the regular Chinese envy western freedoms?
The theatre of freedom is that you let the individual choose, and the individual is happy and willing to loose everything pecuniary in the illusion of future. But when there is a big govt watching and telling you what is good for the individual in the long run, it is not productive for the economy or capital generation. I think the state knows all these too well and just tinkers with the freedoms as they and their crony czars see fit.
I guess if govt is going to be spending 10-20 billion dollars in constructing a silicon wafer industry, may be they could buy a whole special economic zone outside Shenzhen with may be 2 chip factories to boot. Is this guy a RINO like trump advocating govt spending like democrats?
Yes lots of questions for this society and its leadership who are fragmented about stupid Russian fairy tales. No easy answers.
There is no substitute to reading and coming to your own educated opinion. The problem with politicians is that most are uneducated except a few like Ron Rand paul who can give valid reasons and challenge official dogma. If this is the status in the most well developed country, only God can save countries like India.
If the economy is not doing better as per the view of the common man, republicans are at risk of losing power.
If Americans cannot afford or not paid a decent wage to buy American made products where is the question of Japanese or Chinese being to be able to afford things made in America? If the dollar is so expensive AKA strong dollar policy then the rest of the world cannot afford the deflation foistered on them by interventions in the currency markets.
It's a slow grind downward for the value of the dollar and inflation to eat of all the value of our labor. Rest is wishful thinking or massaged statistics for the politicians to get elected and plunder their colonies
Oh I forgot the crown and its independence trick the plunder is on its own plantation. it's the same crown or its other subsidiaries DBA that own everything in prison planet. Any politician of stature will never replicate the Chinese industries in their own country because that will cut into the profits of the crime syndicate. My 2 cents
BB can shed more light on that as he is a very good teacher
Don't worry, this guy doesn't seem to support free trade or private property at all. Instead, he apparently supports nationalist socialism and the use of collectivist force to prevent individuals from making their own decisions. You know, for the common good.
You'll probably be a big fan.
Oh, and btw, what's with the avatar? Do you now believe he too is, as you say, "crypto"?
I would have thought you'd be a fan for sure...
Hey there, madhu, and thanks!
And you're right about where nationalistic socialism leads... And when it becomes contagious, that leads to war.
I doubt there's many still around who remember how things went the last time the world went down the path of nationalism, isolationism and war.