Comments by "John L." (@johnl.7754) on "Hyperglobalisation Is Dead" video.

  1. Prosperity of the 50s is more a result of not only winning WW2 but suffering the least damage to infrastructure/manufacturing facilities… it was an abnormal economic situation in history. With low birth rates and expensive retirement benefits developed countries can’t afford drop in working age population but I think should be more focused on those with education/skills.
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  2. I think more than good education is good governance (less corruption…) is the key to keep living standards up since highly educated people are being “produced” in many less developed countries. What brings them to immigrate to developed countries (and bring their wealth also) is good environment and good government institutions.
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  3.  @PerfectSense77 but a lot of consumer factories can be converted to military factories and some like drones are duel use.
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  4. Your right the currency will decline rapidly in value. Educated/Skilled/Wealthy immigrants will also stop immigrating to USA (which developed most of the newest tech companies). China can’t become the most powerful country in the world but if USA becomes isolated then we will give it to them.
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