Seanx presents provoking questions
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. Any ideas how this will affect geo-political economics? (Think about how multi-national companies will fare if billion dollar satellites get shot down. How will they conduct commerce?)
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I believe that this satelite busting story is evidence that the Chinese have used their "integration" into the geo-political economics to fuel the military complex. It was reported some time ago that the Chinese Army owns "business" enterprises hense the profits gleaned from such enterprises fuels military enterprises. We also have to consider that China has gone from being an assembler of consumer goods to owning otright and by "joint venture" having the complete production capailities of certain products. This is the formation of an industrial base and along with this comes the technology that keeps that engine going.
People should study how Japan borrowed, stole, and copied technology starting in the late 19th century to see that the Chinese are doing the same thing yet faster and with more intensity. The Japanese purchased and/or had the British build them their iniotial few Naval fighting ships and 30 years later the Japanese produced their own aircraft carriers.
The Chinese are leveraging the pofits they make from the consumer goods we buy from them, along with the technology they "transfer" in, along with what they steal ( as Senax pointed out with the nuclear secrets) into a military threat.