Chart #2 was the scariest of all. We in the US have always thought our innovation far outstrips the rest of the world. Apparently, that is no longer true. However, as the charts 4-6 show, China has some self-created deep problems that will take their toll over the next decade. What should worry all of us is that China may be near its apex, and may want to assert itself in Taiwan and the rest of the South China Sea in the near future.
As usual, great column. And what an interview!
Chart #2 was the scariest of all. We in the US have always thought our innovation far outstrips the rest of the world. Apparently, that is no longer true. However, as the charts 4-6 show, China has some self-created deep problems that will take their toll over the next decade. What should worry all of us is that China may be near its apex, and may want to assert itself in Taiwan and the rest of the South China Sea in the near future.