Comments by "" (@craigkdillon) on "Good Times Bad Times"
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I have read the projections for Nigeria - about 750,000,000 by 2100.
I doubt that will ever happen.
IMO, Nigeria will hit a resource ceiling, which will prevent that many people.
Nigeria won't be rich enough to buy the food necessary.
And it won't be able to feed itself.
I remember in the 1970's, Iran was forecast to have huge population, well over 100M, but that is not happening.
Iran became middle class, and now has a problem of future decline.
I think this will happen to Nigeria. It can be a low cost manufacturer for companies leaving China.
Being on the Atlantic, it has shorter routes to Europe, NA, and SA.
I bet Nigeria never even reaches 400,000,000.
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Turkey is weaker, not stronger, after it decided to be an a$$hole.
Before, it had friends, allies, and no disputes with its neighbors.
Now, it has conflict with Greece, that may become a war.
Turkey has turned on America, so US is less likely to help Turkey out in any way.
Sure, its economy has grown some. But, not enough where it could dictate to others.
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Primakov blindly assumed that India would support Russia in opposing the west.
That is very wrong, IMO. India is very independent, and has had differences with the west.
But, those differences did not include opposition to democracy, or to the UN.
I see India as being opposed to the US on some issues, but not opposed the US, nor its role as a leading power.
In fact, I don't see India being opposed to any world power.
India is opposed to China, because China attacks it, and works against India on several fronts.
But, India does not oppose China philosophically. India is OK with whatever China does internally.
So, how is India to be part of a triple alliance with Russia and China??
And, how is Russia going to be in leading partner of this group??
That makes no sense.
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Free trade, i.e. no or very low tariffs, has been too good for the world economy to be abandoned.
So, why is there talk of it dying??
Simple -- China is the big guy not playing by the rules.
So -- tariff barriers are being erected for China.
Lucky them.
I do not see why the G7, and the countries associated with them should be affected.
China and Russia will be excluded, I expect.
I expect the ASEAN nations to be included. Along with Latin America, Middle East, and Africa.
Ones that are irritants to the world trade order will be excluded, and will have high tariffs.
So, China, North Korea, Russia, Belorussia, and Iran will be excluded.
I wonder how smaller troubled countries will be handled. South Sudan, Venezuela, Burkina Fasso, Yemen,
and other problem ridden countries will have to be dealt with somehow.
The majority of world trade is done by the G7 and their trading partners. I don't see why existing tariff
rules would need to be changed for them.
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Russia's problem is that Putin and others in Russia still view the world through a 19th century lens.
They still think in terms of mercantilism, and do not understand the Global Trading system.
That system guarantees everyone, including Russia and China, full access to free world trade.
They don't even have to have a navy to take advantage of it.
China's growth occurred BEFORE it started building up its military.
China has a military, and is using it to bully and threaten its neighbors.
China threatens the world trade order -- which was the source of its wealth.
That world trade system is now reacting against China, threatening to end China's export led growth.
Russia COULD HAVE DONE THE SAME.
But, NOoooo, Putin has to play the bully and bad guy.
So, the nascent rise of Russia onto the world stage, was ended.
Contracts, like the huge one with Exxon, were cancelled.
Putin has isolated Russia, and hamstrung its economy.
But, Russians still support Putin.
They are not very bright.
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Your analysis needs to look deeper into basic economic relationship.
US has guaranteed Saudi rule since the foundation of Aramco. Saudi was to support US regional interests. Hence, Saudi Arabia did NOT take part in any of the Israeli wars.
We support Saudi Arabia against its local rival -- Iran.
The US even overlooked Saudi participation in 9/11 incident.
That relationship was formed because oil was the strategic resource that determined economic success and global power.
Things have changed.
1. US now produces its own oil, and no longer directly uses or needs Arabian Oil.
2. Renewable energy is coming on strong around the world. In 20 to 40 years, it will surpass oil as the primary source of world energy and the support of global manufacturing.
3. The powerful countries in the future will produce all their own energy -- either from renewables, or their own fossil fuels. The global oil & gas trade will shrink - we don't know how much or how fast, but it will happen.
4. Inertia should have kept the US/Arabia relation strong for a long time to come. MBS has made that difficult. His wanton killing of journalists, and terrorizing his own family, shows the man is a narcissistic psychopath. He is unpredictable, and cannot be relied upon.
He has the US supporting a war it does not want to support in Yemen. He uses our weapons to commit war crimes, in which we share some guilt.
5. Americans do not view Arabia with either affection or admiration. We are embarrassed that we support a harsh monarchy that chops heads off, and flogs people for punishments, when convicted in tribunals with no defense attorneys.
The relationship between US and Saudi Arabia have almost nothing to do with speeches given by this or that president. As soon as you shown clips of speeches, I knew your analysis was weak.
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