Whether the U.S. defaults or not, its status as the financial hub of the world remains unchanged.
If a financial crisis hits the U.S. in the next few years and sweeps across the globe, the whole West will instead place even greater emphasis on bringing industry back home.
U.S.: We’ve run into a bit of trouble—we’re too dependent on foreign countries (China).
EU: We’ve run into a bit of trouble—we’re too dependent on foreign countries (China).
Then, naturally, we’ll be on the other side of their industrial reshoring in the Fourth Industrial Revolution. The industries and international trade we see today will look very different ten years from now.
It’s simple: when you’re doing business, do you want your customers to run into trouble?
Reducing dependence on external demand and boosting domestic demand is the only way forward.
As for whether the U.S. runs into trouble, that’s the Americans’ business.
We are already a highly industrialized country. More and more of our trading partners will shift from external markets to our own domestic market.
Even if the U.S. disappeared tomorrow, it wouldn’t change the trajectory of our own development.
That’s the pressure of industrial transformation that comes with moving from an agricultural to an industrial nation. The only way to raise our future ceiling is to expand our own “dreams,” not to count on how much profit we can chase abroad.
Looking back at history, after World War II, America’s highly developed industry enabled it to create one “dream” after another, and the whole world then watched it make those dreams come true. Most importantly, it shared those dreams: computers, Apple, Google, the internet…
The land of dreams. As for the freedom it proclaims to the world, you have to be strong yourself before you can forge iron—and America really is “strong.”
Just look at those Europeans. What dreams do they have?
The Soviets also had dreams, but in the end, their dreams were only their own.
We, meanwhile, have neither proclaimed “freedom” to the world nor created “dreams” for ourselves or the world. We’ve been more like followers.
$BTC $ETH #btc #eth
If a financial crisis hits the U.S. in the next few years and sweeps across the globe, the whole West will instead place even greater emphasis on bringing industry back home.
U.S.: We’ve run into a bit of trouble—we’re too dependent on foreign countries (China).
EU: We’ve run into a bit of trouble—we’re too dependent on foreign countries (China).
Then, naturally, we’ll be on the other side of their industrial reshoring in the Fourth Industrial Revolution. The industries and international trade we see today will look very different ten years from now.
It’s simple: when you’re doing business, do you want your customers to run into trouble?
Reducing dependence on external demand and boosting domestic demand is the only way forward.
As for whether the U.S. runs into trouble, that’s the Americans’ business.
We are already a highly industrialized country. More and more of our trading partners will shift from external markets to our own domestic market.
Even if the U.S. disappeared tomorrow, it wouldn’t change the trajectory of our own development.
That’s the pressure of industrial transformation that comes with moving from an agricultural to an industrial nation. The only way to raise our future ceiling is to expand our own “dreams,” not to count on how much profit we can chase abroad.
Looking back at history, after World War II, America’s highly developed industry enabled it to create one “dream” after another, and the whole world then watched it make those dreams come true. Most importantly, it shared those dreams: computers, Apple, Google, the internet…
The land of dreams. As for the freedom it proclaims to the world, you have to be strong yourself before you can forge iron—and America really is “strong.”
Just look at those Europeans. What dreams do they have?
The Soviets also had dreams, but in the end, their dreams were only their own.
We, meanwhile, have neither proclaimed “freedom” to the world nor created “dreams” for ourselves or the world. We’ve been more like followers.
$BTC $ETH #btc #eth
