Comments by "richie" (@richiesd1) on "GZERO Media" channel.

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  34. Don B, I have been following Ian Bremmer years. I like his commentary and I’m glad he has his own media outlet now. However, maybe because he consults CEOs, whatever the issue, Ian always takes the slightly more “conservative”issue of the day. For example, Ian said Peter Navarro is a serious guy. Really? Navarro has been a failure and Navarro’s writing is full of stories he totally made up. Navarro admitted it. On trade with China, how is the first phase where the Chinese state commits to buying American products advancing trade liberalization? On the one hand we want China to free up its markets; but on the other hand, we want China to force feed American agriculture to its citizens. About GAFA, it’s about internet sovereignty because tech companies can operate unfettered extraterritorially. America having initial internet competitive advantage can dominate the world. Europe wishes it had built a great firewall but it’s too late for that. Now Europe wants do tax American tech giants. If you recall, back in the early 2000s, Bill Gates, Larry Ellison and all the tech luminaries were sure that the great Chinese firewall would crumble because Chinese consumers would find ways bypass it to access superior “free” American internet services. I don’t recall if Ian was so sure as well. The Great Chinese firewall was a resounding success and China created its own Internet giants which are now often more innovative than us. My point is that we need to learn from China and do better than China. We need to stop being so sure that China will fail. And we need to stop being so aggrieved when they succeed. John Mearsheimer says that we put all our energies on the forever wars of the Middle East (which Ian Bremmer supported) and weren’t paying attention as China rose. If we think that China is a worthy competitor, we need to outdo China in technology and development for the world — prove that our system generates more wealth and innovation. If we truly believe that China is not a worthy competitor, then we don’t need to worry about China.
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  100. Lean Fang, China is succeeding in so far as the economy is now a peer competitor to the USA. As far as geopolitics, all countries naturally want to dominate if they can, regardless of ideology. All else being equal, even if the KMT were running China today, the US would still feel threatened. If the US has a Monroe doctrine for the Western Hemisphere, it’s only natural for China to want something similar in Asia. Likewise, Russia wants to be the top dog in Europe, as it tried for centuries. War is not acceptable and impossible to win in a post colonial world. The fighting will be in economics and development. And that will benefit the world. So I think of belt and road, as a gift from China to win over friends. The USA is free to up the game. The resulting competition will be good for the world. The problem is that America is politically divided, stuck in forever wars in the Muslim world, and the American public is becoming intellectual stagnant while the developing world embraces education. 60% of American tech workers are born overseas, so clearly American K-12 education is failing. Americans are now panicked because we are waking to the fact that the rest is the world is innovative. One more thing: the west has been claiming for the last 40 years that China will fail because of the lack of rule is law. If you believe that, then go to sleep because China will fail. If you believe that China is a peer competitor, then offer the world, especially Asia and Africa, better options. We Americans like to say “put up or shut up”. We should look in the mirror.
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