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Cathy Gunn's avatar

The voice of reason once more Leah. Thanks for your sharp analysis and having the courage to speak up. Three things that seem sadly lacking in the current western context.

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Stephen Duncan's avatar

"Unless the West abandons financial capitalism and returns to industrial capitalism, there’s no way it can compete with China".

It's too late. The infrastructure and supply chains for the likes of shipbuilding and steelworks have gone. Along with the skills.

There is no desire among the politicians who are owned by the one percenters represented by the various lobby groups and vested interests.

As your two trading maps 25 years apart demonstrates - the West's China Crisis has arrived.

It'll be all over soon.

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