Replies to post #19753 on The Rising Influence of Rising Affluence

[jbog]

Rather than being an counterargument I think it shows that eventually time runs out. Next up will be to see if China's major industries flood the world or be happy to stay within.

[semi_infinite]

Why is this trend any different than what happened in Japan, S Korea, Taiwan, HK as they developed and became as wealthy as western economies? All of those mentioned are very competent in manufacturing with excellent educational systems.

[semi_infinite]

More on the topic. Acceleration of a trend IMO amidst economic slowdown and a pulse of patriotism/nationalism generated via trade spat.

https://www.bloomberg.com/news/articles/2019-10-23/u-s-fears-mass-boycott-as-chinese-turn-to-homegrown-brands

[DewDiligence]

Scary stuff from Ray Dalio:

https://www.linkedin.com/pulse/world-has-gone-mad-system-broken-ray-dalio/