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re: What will globalism look like once we beat this thing?

Posted on 4/3/20 at 9:43 am to
Posted by BRIllini07
Baton Rouge, LA
Member since Feb 2015
3211 posts
Posted on 4/3/20 at 9:43 am to
Capitalism (more specifically corporatism) relies on continuous growth. China still has 1 Billion people (3x the US population) that are currently living sub-middle class lives. This is where the growth is, and will be. US companies will continue to be reliant on the developing bat-eating world to fill growth needs.
Posted by sacrathetic
Member since May 2019
618 posts
Posted on 4/3/20 at 9:45 am to
nm
This post was edited on 5/21/20 at 1:57 pm
Posted by Oilfieldbiology
Member since Nov 2016
42780 posts
Posted on 4/3/20 at 9:50 am to
Yeah frick that guy
Posted by Midtiger farm
Member since Nov 2014
6387 posts
Posted on 4/3/20 at 9:50 am to
quote:

globalism look like once we beat this thing?
China owns our politicians and media

Nothing will happen


It was already happening to a certain extent. Lots of companies had pulled out of China in the last 3 years. More will pull out now especially if Trump wins
They might not all be moving back to the US but they are moving to countries we have better relationships with
Posted by PearlJam
NotBeardEaves
Member since Aug 2014
13908 posts
Posted on 4/3/20 at 9:50 am to
Why is the world going to change for a virus that is not as bad as the flu?
This post was edited on 4/3/20 at 10:33 am
Posted by TSmith
New Orleans, La.
Member since Jan 2004
2357 posts
Posted on 4/3/20 at 9:52 am to
Probably similar, with a massive shift in priorities. Obviously we won't be manufacturing many critical items overseas anymore. But I think that will be the side story.

Hundreds of billions worldwide will be poured into development of new technologies to fast-track vaccines and anti-viral drugs. We should be able to create vaccines in less than 12-18 months if we put our collective minds to it. We need radically new technologies. The world's brainpower should be brought to bear, and will be.

We cannot afford to let this happen again. We're sitting ducks, and it is unacceptable.
Posted by Midtiger farm
Member since Nov 2014
6387 posts
Posted on 4/3/20 at 9:53 am to
quote:

Capitalism (more specifically corporatism) relies on continuous growth. China still has 1 Billion people (3x the US population) that are currently living sub-middle class lives. This is where the growth is, and will be. US companies will continue to be reliant on the developing bat-eating world to fill growth needs.



China’s population is plateauing and will start to decrease because of the one child policy and aborting girls.
Africa and India is where the growth is
Posted by Oilfieldbiology
Member since Nov 2016
42780 posts
Posted on 4/3/20 at 9:54 am to
Your point of view follows Zeihan’s book accidental super power almost exactly. But here’s the problem, he wrote the shake part when oil was close to $100 a barrel.

ETA

The thing your strategy depends on is the US military retracting from the eastern hemisphere. I don’t see that, but I do see the US asking people to pay more for our protection. I don’t think the rest of the world wants us to screw control of the South China Sea or Indian Ocean to the Chinese, and we should make them pay for that.
This post was edited on 4/3/20 at 9:58 am
Posted by sacrathetic
Member since May 2019
618 posts
Posted on 4/3/20 at 9:58 am to
nm
This post was edited on 5/21/20 at 1:57 pm
Posted by Oilfieldbiology
Member since Nov 2016
42780 posts
Posted on 4/3/20 at 9:59 am to
Because politicians and media members want global hegemony, not individual governance.
Posted by BRIllini07
Baton Rouge, LA
Member since Feb 2015
3211 posts
Posted on 4/3/20 at 9:59 am to
quote:

China’s population is plateauing and will start to decrease because of the one child policy and aborting girls. Africa and India is where the growth is


Completely agree with India - they have to get out of their own way first though, they upper Castes can't all get on the same page unless it's to build a new call center.

China already going in deep in Africa investment.
Posted by Oilfieldbiology
Member since Nov 2016
42780 posts
Posted on 4/3/20 at 10:02 am to
quote:

This short term price war between Russia and Saudi Arabia won't hurt our shale industry too badly in the long term.


It all depends how “short term” it is. Russia and KSA need oil close to $50 (maybe higher) and the shale producers can absolutely make money there. It won’t be F-250’s and truck nuts for every swinging dick working in the patch, but people will make money. Last I heard ~$45 is the break even point.

But the problem is companies need to exist and this short term war is killing mom and pops/smaller operations. The litigation climate we are in isn’t all that beneficial for big boys to play in small producing wells so I’m very curious to see how long the price war goes on, and How long we allow the lawyers to strangle our economy
This post was edited on 4/3/20 at 10:03 am
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