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India Bans Rice Exports?, The UK Gilts Crisis, Home and Huawei

Multipolarity

CHAPTER

The High Capital Intensity Industry

The US and Western Europe view microchips as a strategic industry in the 21st century. They're starting to see that basically at a geopolitical level, if people tell you that you can ban your way to prosperity, it's not credible. The West had an absolute chokehold on the strategic industry. I have a horrible feeling that in 15 years, that's simply not going to be the case.

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