Unemployment Crisis and Military Profits: A Global Perspective
EconomyLabor and EmploymentThis article explores the connection between education, job opportunities, and military profits in China and the United States. It delves into the impact of government policies and international conflicts on the economy and society.
Unemployment Crisis in China
⚠️China has been trying to get younger generations into college and advanced degrees.
⚠️Job opportunities in higher tech fields have not kept up with education, leading to an unemployment crisis.
⚠️The Chinese Communist Party is not allowing real competition to happen, which contributes to the unemployment crisis.
Military Profits and International Conflicts
💰Wars create things that get destroyed, resulting in a loss of long-term value.
💰The military-industrial complex is not hurting for money, but a significant portion of the US discretionary budget goes to military-related stuff.
💰Funding for wars comes from taxes taken from the people.
FAQ
How does government policy contribute to the unemployment crisis in China?
The Chinese Communist Party's restriction on real competition hinders job creation and economic growth.
What is the impact of military spending on the US economy?
A significant portion of the US discretionary budget goes to military-related expenses, affecting funding for other sectors.
Why is controlling the South China Sea lucrative for China?
Control of the South China Sea would allow China to tax shipping and collect billions of dollars in taxes.
How does war contribute to profits?
War is profitable by taking resources and economies from others.
What are the challenges in balancing education and job opportunities in China?
While China is pushing for advanced education, job opportunities in higher tech fields have not kept up, leading to an unemployment crisis.
Summary with Timestamps
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This article explores the connection between education, job opportunities, and military profits in China and the United States. It delves into the impact of government policies and international conflicts on the economy and society.
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