Today, the U.S. is the world’s largest debtor; China is the largest creditor. When it comes to manufacturing, China already displaced the US a decade ago.
The more US agricultural technology China acquires, especially through theft, in order to become dominant in the agritech field, the worse the US will fare when it comes to selling its own technology, whether to China or third countries.
Sri Lanka’s short-lived green revolution of 2021 which failed in July 2022 should have been a good time to hammer home not only why the effort failed, but why so-called ESG policies and the green energy movement more generally are hopeless and destructive wastes of time.
Rather than the classically Marxist/communistic economic system that most understood it to be, China has been transformed into a corporatist, fascist, totalitarian state over the past 50 years.
