Is it really about the Global Trade war, or just a “stir around in the pot”?
What is happening right now in the world is really just a repeat of the COVID crisis of 2019. Have the world’s leaders not learned anything from this experience? In my opinion, every country should have learned a lesson, to create greater independence from mass-producing countries like China or other Asian countries.
I can say with great conviction that what is happening right now is something that is needed to change our thinking. Of course there are big economic losses, but crises also bring big winners.
With today’s technology of 3D manufacturing, everything can be copied and created on site. Moreover, if you add AI as an aid one should be able to produce products on your home-market to competitive prices.
What has happened is that a wake-up call called Donald Trump has been needed to wake up the world. Free-Trade worldwide is a myth, because production costs and wage demands are not comparable.
In addition, world organizations with their trillions of dollars have created a Robin Hood effect. What are considered rich countries are appointed to subsidize production in less developed countries, which can therefore export products at low prices. Finally, it is the end consumer who is double-taxed for the goods they buy, by first paying the subsidy through taxes and then being charged a sales tax. Do the politicians of the countries really not see this problem?
Increased domestic production means jobs, which reduces social contributions, and at the same time gives the state a better GDP. Therefore, all countries should strive for a larger and stronger domestic market by increasing domestic production.
During my, now over, 60 years of working life, I have emigrated and worked in 5 countries, and have gotten to know and visited 52 countries. This has given me a different overview of the world situation and I know that the dream of a world for all is just a fairy tale.
People and human races are different and also spread over a globe, which consists of large climatic differences. We do not all have the same need for a standard of living, which can be difficult to understand if you have not gotten to know your world.
I have also never understood racist advocates, as I have been well received all over the world. Maybe my opinions don’t matter that much, but I stand by what I said.
Thanks for reading my blog.
#Windmush / #Curtbergsten
