Damn, they don’t include food and energy into inflation measures? The 2 most important commodities for any nation?
Anyways, I do think the analysis of the global economy standpoint of materials is an important one to make. We are currently living in a world experiencing severe ecological crisis and a shortage in many materials. The direction of technological advancement in China will play an increasingly bigger role in the world’s ecology.
For example, it is china’s efforts in the past decade that allowed solar energy to become so many times cheaper. While China’s positive impact is undeniable, as competition for materials becomes more fierce in the future, we are going to see some very harsh conflict.
Damn, they don’t include food and energy into inflation measures? The 2 most important commodities for any nation?
Anyways, I do think the analysis of the global economy standpoint of materials is an important one to make. We are currently living in a world experiencing severe ecological crisis and a shortage in many materials. The direction of technological advancement in China will play an increasingly bigger role in the world’s ecology.
For example, it is china’s efforts in the past decade that allowed solar energy to become so many times cheaper. While China’s positive impact is undeniable, as competition for materials becomes more fierce in the future, we are going to see some very harsh conflict.