THIS is a somewhat unusual post for this site (usually fits better in my personal blog, not here), but there are big ramifications for the European Patent Office (EPO) and for Western technology companies we routinely cover here.
"It's not Russia that's standing to gain the most but China, along with its own 'sweatshop' countries to the south."Who shall inherit the Earth (amid crisis of health), in terms of nations? (we say "nations" because it's clear billionaires control the Earth, irrespective of their passports)
It's not Russia that's standing to gain the most but China, along with its own 'sweatshop' countries to the south. The salaries there are lower than in today's China.
China has a lot of work sent to it not just from Europe and America but also Japan, Taiwan (assuming it's still independent) and South Korea. Japan's debt is about 2.5 times the worth of its economy (Singapore's national debt is also very high) and the US is now valued about 7 trillion dollars less than its total debt, so we're talking about trouble ahead. Donald Trump hopes to hide all this (more borrowings; about 4 trillion) until after the election. His seventh bankruptcy?
"Over the past few days I've been studying some of the underlying figures, which were laid bare partly due to COVID-19 (governments reaching to the depths of their wallets to save households and businesses)."Patent extremists in sites like Watchtroll keep sounding the alarm about China when they lobby the U.S. Patent and Trademark Office (USPTO) to grant more and more monopolies (patents), hoping that this will magically save their rich clients from better-priced competitors. Even if China is in WIPO, and even if China was to respect US patents, look at many patents China is granting. Quality does not seem to matter much, only quantity. It's like nuclear weapons; you don't need 10,000 of them to assure domination. Less than 1,000 should be more than enough to obliterate just about any country in one single afternoon (those who survive the blasts and the fallout will likely die from starvation and meet the ugly face of cannibalism; ask Ukraine).
Over the past few days I've been studying some of the underlying figures, which were laid bare partly due to COVID-19 (governments reaching to the depths of their wallets to save households and businesses). In the US a lot of the borrowed money was passed to the wealthy rather than the needy and hungry. Our Daily Links are full of articles about that. ⬆