What you are talking about in the end is basically the issue of "real" gdp vs inflated gdp. Things capable of production are useful gdp, most services, gig economy, insurances and inflated rent are not.Right, infighting would prevent the EU from becoming a unified pole of power and that infighting can only be quelled by a far superior power to unite and lead them like the US. None of the European countries have the courage to step away from the US order because unlike China, they crumble like a potato chip under sanctions. And on top of it, it's been repeated to them many times that the sake of their children having an advantage in life on the global stage from being white and Westerners hinges on their cooperation with the US to suppress China. It's true; if the Western alliance fails, Chinese people will become the most powerful race in the world and that serves none of Europe's interests. As white people, they can at least ride America's coat tails but never China's. So carrot and stick, the EU never wanted to turn away from the US.
Exactly. That is why it cannot overthrow American control and become a pole of power.
Basically, European research is a very strong and capable, though in most regards, a junior partner of American research and would have presented a much more cohesive challenge to China if they worked together rather than the US (accidentally?) knee-capping the EU and eating parts of it as common meat before facing China alone.
It's spread through many years and it is still dwarved by China's investment. America's current investment trend reminds me of the Soviets when they were in decline. They built things just for the sake of having them, not because they needed them. Investment built around vision and need is the key to growth; it is done naturally. Investment as a reaction of jealousy and anger is wasted.
Democracies with rival gangs vying for the vote act like mental hospital patients; it is often useless applying logic to them. Rather I see a past of failure and repeated mistakes, so this, analyzed with Occam's Razor, appears most like accidental friendly fire than 5D chess.
And some are super "woke," especially in the young tech community, maybe not the biological sciences community. It pretty hard to find a conservative working high tech and those who are found out are often ostracized by their peers in the workplace. It's like that in the US, not sure about Europe.I must also add that the scientific community and environment in China is one of feverish growth, which is attractive to true scientists enthralled by technology while Silicon valley is in decline.
Lastly, it is not all about attracting immigration of singular scientists; there is also corporate investment abroad that flees Europe and while I believe that natural segregation and culture will favor the US in terms of immigration by singular scientists, corporate investment is on China's side.
In either case, it is a loss for the US. Where an economically sound Europe had 100 European scientists working productively on European payroll with the benefits going to both the US and the EU, now, there are 60 scientists in Europe barely putting up an effort due to lack of funding, maybe 25 in the US working on American pay, 5 in China whom they have to compete against, and maybe another 10 that went elsewhere/retired/can't be accounted for anymore. Numbers of course aren't exact but in any analysis, that's not a good trade.
Sure, but I had to express a few more things, so I replied.
It is actually all about technology, though a healthy economy is needed to support technological growth. Before China was engaged and attacked by the 8 nation gang, China's GDP was supreme in the world, but it was all silk, tea, useless things. The UK, with a much smaller GDP of steel, machinery, and military ware, was more than China could handle. So it's all about having the tech to do what others cannot, to create a military that cannot be opposed, and having an economy made of indigenized things so that it is sanction-proof. But in the end, since we live in a world with Western, mainly American, robbers who will take everything you have if you cannot defend it, it is technology that is needed to create a supreme military that is paramount.
I would say in the end, economy does = tech. But only the part of your economy that correlates to industrial power, resource ownership and useful consumption.