Location
Global Economic and Legal Challenges
Presenter Names and Speeches.
John Davis
Abstract
Throughout time and history, civilizations have risen and fallen. Empires have cultivated massive amounts of land, only to be torn down by internal conflict. Nations have amassed armies to go to war, only for the tactics of war to switch. The extended history of international relations must be summed up into a single word: deception. Because of this, nations seek to grow their militaries, economies, and cultures in ways that rival others. The competition that the United States (US) will encounter over the next decade is through asymmetrical competition with China. However, the United States has historically been economically linked to the Chinese Communist Party (CCP). Through the latter’s international deception, this has led to the rise of the CCP. Though their GDP is beginning to rival the United States, their economy has very little protection to foreign involvement as seen with the Evergrande bankruptcy. The United States must decouple its economy from China and begin to move its key industries stateside. This will mean that the US must bring the semiconductor industry to the stateside front. As Taiwan currently leads the world in semiconductor manufacturing, both hegemons seek to control the small island. If the central point if Taiwan disappears, then the prospect of war with China disappears.
Included in
The Federal Reserve and the People's Bank of China: Taiwan
Global Economic and Legal Challenges
Throughout time and history, civilizations have risen and fallen. Empires have cultivated massive amounts of land, only to be torn down by internal conflict. Nations have amassed armies to go to war, only for the tactics of war to switch. The extended history of international relations must be summed up into a single word: deception. Because of this, nations seek to grow their militaries, economies, and cultures in ways that rival others. The competition that the United States (US) will encounter over the next decade is through asymmetrical competition with China. However, the United States has historically been economically linked to the Chinese Communist Party (CCP). Through the latter’s international deception, this has led to the rise of the CCP. Though their GDP is beginning to rival the United States, their economy has very little protection to foreign involvement as seen with the Evergrande bankruptcy. The United States must decouple its economy from China and begin to move its key industries stateside. This will mean that the US must bring the semiconductor industry to the stateside front. As Taiwan currently leads the world in semiconductor manufacturing, both hegemons seek to control the small island. If the central point if Taiwan disappears, then the prospect of war with China disappears.
