Re: the commodities squeeze, chinese exports and the cold war "solution"
Originally Posted by jk
cold war as economic stimulus, anyone?
see post #1 of this thread, just over 3 years old.
China-Japan rearmament is Keynesian stimulus, if it doesn't go horribly wrong
It would soak up much of the Asian "savings glut" and the excess industrial capacity in China, and would help to narrow the perennial East-West trade gap.
This would be an answer of sorts to the West's "secular stagnation" – to use the term of former US treasury secretary Larry Summers – or the liquidity trap as others call it. But be careful what you wish for.
a moonshot-mission-critical design contest for the worlds best ENGINEERING talent (vs the rest of the posers tilting at windmills ) design a ONE-DESIGN next-gen nuke power system/plant - AND KRANK EM OUT BY THE THOUSANDS....
think about how many nagging 'inconvenient truths' this would address - IMHO, it could set off an EXPLOSION OF PROSPERITY the likes of which the free world has never known...
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