Economic Interdependence
Back in 1984, an American investor, currently worth multibillions in net worth, is one of the wealthiest people in the world. He went to China back in 1984, where he gave few calculators to high profile people as gifts, and they thought what miracle devices.
8/1/20241 min read
• Right now in terms of Areas like “Quantum Computing and Al’, USA and china have a Tech Race going on.
• Take the trajectory of the competitiveness not just look at the current level, Real situation where the China improving at much faster Rate.
• China’s Balance of payments is a better, china has displaced the United States as the world’s largest trading Country.
➢ ‘Economic Interdependence’ at it’s root has Prosperity as the core variable. In the realest story the core variable is Survival. And Survival always trumps prosperity.
➢ Nation Strength depends on Prosperity. And prosperity can’t survive with weaknesses.