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Comments by "Sciagurrato" (@sciagurrato1831) on "How the West brought economic disaster on itself" video.
Gave provides some good basic information — particularly the point that it was the Europeans who elected to not renew long term contracts for energy. Those of us in project finance of course recognized the risk (this surprised Sayers). Nonetheless Gave’s mindset is still very Cold War — he is of the McCain school that the world is only material. So mind — intelligence, diligence, capability in science and engineering — account for very little in his factor system. So little value is assigned to instruction sets (software) and its future on new substrates (in other words, material science). He’s clearly not technology savvy and this accounts for the weakness of his presentation. Finally, with his focus on finance, he completely misses the hollowing out of American and European manufacturing. So he will be surprised as whether the US military will indeed be able to produce its vaunted weaponry.
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