Miscellaneous News
- Thread starter bd popeye
- Start date
Credit where credit is due, instead of usurping the name of the post ww2 arrangement and falsely calling it "International law based order", they did the thing where a knockoff company reshuffles the order of letters and change 1 or 2 words in order not be lying, legally speaking.
That is a level of integrity usually not seen from the West.
That is a level of integrity usually not seen from the West.
broadsword
Brigadier
Will also make a happy meal.
LOL.... the US doesn't have friends, son, it has rivals and slaves, you're the latter.
If they wrap Charles De Gaulle in copper wires and hook the setup to a generator they could probably avert the upcoming energy crisis.
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If he and his whole family use cocaine or live on Kensington Ave. then I won’t mock him for being a hypocrite.
We maybe seeing a replay of the fall of American telecom equipment makers in the 1990's and early 2000's. People now forget the absolute total dominance of North American firms like AT&T Technologies/Lucent (owner of Bell Labs), Nortel Networks, and Motorola in the 1980's and early 1990's. No one in the early 1990's could have imagined that in less than 20 years of time, not only would these North American firms lose their dominance but would actually cease to exist completely, while Chinese firms that no one had heard of would become major players in the sector, all thanks largely to American restrictions on exports to China.
China had went all-in with American telecom equipment during the Sino-American honeymoon in the 1980's as it was just starting to build up its telecom infrastructure, with 100% of Chinese telecom core network equipment orders going to American firms in some years. But after the fall of the USSR, China was no longer needed as a counterweight to USSR and once again came to be seen as a possible long-term threat to US global hegemony and US imposed export bans and restrictions on telecom equipment and various other items to China.
This caused significant pain to China's buildup of its telecom infrastructure at the time as it had to basically rip out American equipment purchased with the precious little forex reserves it had back then and replace them with European and domestic equipment. Even though the North American firms did manage to lobby away these export bans and restrictions within just a short amount of time, it was already too late and the lasting impact of this episode on the global telecom sector was already set in motion. China was not going to rip up their newly signed contracts with European and domestic equipment makers and put back in the same American equipment that had just caused them so much pain. China shortly after became the largest customer of telecom equipment in the world by far, in some years accounting for more than half of all global telecom equipment orders. Supported by the massive revenues from the Chinese market, a market that the US shut its own firms out of, the once lagging European and Chinese equipment makers were able to fund R&D and start to catch up to North American firms in technology.
Due in no small part to the painful experience with the US export bans, China would also insist on open standards and interoperability going forward, deciding to go with the European espoused GSM network standard in its 2G wireless roll out instead of the North American backed CDMA network, even though CDMA was still more advanced than GSM technologically. This marked the start of the end for North American telecom equipment makers. With North American firms experiencing dwindling revenue resulting in decreases in R&D funding, while simultaneously European and Chinese competitors massively increasing R&D off of the revenue from China, the once insurmountable technological lead of North American firms seemingly disappeared overnight and it was just a matter of time before the complete death of these firms.
And a strengthening dollar the whole time, not good.