Comment Sad but true (Score 1) 233
The fact is that, at least in EU the political behaviour became more idiotic day by day. There are generations of "leaders" totaly disconected from the daily reality. The production in every sector (materiels, electronics, mechanics etc). is going down as there is no way to compete with Chine. Is like a box match where a player has both hands tied, a chemical protectiv suit on it, some hevy load on his back and ruber boots and the other being lightweighted, with sharp weapons and not forced to respect any rule.
I'm far from having comunist or socialist views but still the acumulated capital in any present economy is clearly not fair. Nevertheless is our daily reality. The problem is that companies or persons after they built their capital are moving it out leaving comunities and countries without the colateral benefits that otherwise were to compensate the present unfair profit distribution. At the end of day only one or several persons are in benefit ond entire communities are slowly going in trouble.
Now we reach a point that China has so bic investing capital potential that they could support themselves and invest also in other places but stil the policy is to atract the foreign capital resources for a fast and short term profit. The target for them is not the capital anymore. They have enough. The target is the know-how and technology.
Even if is a relatively slow process EU countries and posibly US will be drained of their Technology and know-how and the fact that will depend on chinese produts will be the less worry as the potential of technological development will be gone.
Is really strange that politicians don't figure out that still living companies are moving their activities and capital towards China, the chinese capital are slowly buying out the ones that gradually became weakened in their country of origin. And you know what? The ones that are investing in China are actualy not owning anything as acc. To Chinese law foreigners are not allowed to have more than 49% of any business or other kind of property.
So in the end slowly but steady China will win. We can continue our confortably sleep for a while then .....