Comments by "" (@craigkdillon) on "TomoNews US" channel.

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  5. I do believe China will have a Pyrrhic victory in the South China Sea. They will be able to grab the resources. But, it will cost them dearly, and gain them little. Let me explain -- 1. The colonial period was the time of resource wars. Land grabbing and sucking raw materials from colonies was the pattern. 2. Then came the Industrial Revolution. Economies became strong on value-added modifications to raw materials, not the resources themselves -- except for energy. 3. We are now moving into the post-Industrial world. Already manufacturing holds a much smaller portion of world GDP, than it did 50 years ago. Some of the richest countries by per capita have very few resources - Japan, Holland, Switzerland, Denmark, and Israel. 4. We are moving into a post-carbon fuel future. Despite Trump, Texas is the leader in wind power, solar power plants are being built around the world. They are cheaper than carbon fueled plants. Soon all new power plants will be renewable fueled. 5. China is pissing off the nations that are its closest natural markets. Also, by increasing tensions, it is forcing companies to go to lower risk environments, like India, africa and South America. 6. By losing friends, it will get little help or sympathy when it suffers economic recession or depression. How do I know that is coming??? Simple, all economies eventually experience them. When it happens its good to have friends. What country now is a true friend of China? America has many friends. A lot of critics, too, but many true friendly nations. Will Philippines stick with China in times of trouble? -doubtful.
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