Global trade is not only North America and Europe, that is just an understatement. The G7 countries account for less total GDP than the BRICS countries. As more and more countries are joining BRICS their total GDP would far exceed those of the G7. China has taken the lead in many technological branches and will be followed by other big countries. The yuan has taken over the place of the euro for trade and the BRICS+ countries will most certainly abandon the use of the usd in the near future. The world is shifting rapidly as the west is busy with war games and exercises haunted by the ghosts of wars and fear of invasions.
The Chinese STEM graduates are so many times greater than the Brits in both quantity & quality. The East Asians are far better in Maths & Statistics. So China can over supply the west with actuary, insurance, risk managemen & Fin tech services as well. In short East Asians are excelent in both manufacturing goods & provide services. The West is only good at buble economics like: printing money & speculating, short selling services.
Global trade is not only North America and Europe, that is just an understatement. The G7 countries account for less total GDP than the BRICS countries. As more and more countries are joining BRICS their total GDP would far exceed those of the G7. China has taken the lead in many technological branches and will be followed by other big countries. The yuan has taken over the place of the euro for trade and the BRICS+ countries will most certainly abandon the use of the usd in the near future. The world is shifting rapidly as the west is busy with war games and exercises haunted by the ghosts of wars and fear of invasions.
Great analysis. Thanks
80% UK industry is talking?
Finally, very Smart & Wise video Headline from CGTN staff.
The World is the Market.👍
The Chinese STEM graduates are so many times greater than the Brits in both quantity & quality. The East Asians are far better in Maths & Statistics. So China can over supply the west with actuary, insurance, risk managemen & Fin tech services as well.
In short East Asians are excelent in both manufacturing goods & provide services. The West is only good at buble economics like: printing money & speculating, short selling services.