Joint Address by MI5 and FBI Heads Regarding China

https://www.mi5.gov.uk/news/speech-by-mi5-and-fbi

by chicagoscott • 4 years ago

40 8 4 years ago

mi5.gov.uk

hourago• 4 years ago

after further sharing of valuable IP, Futures abandoned the deal. Smith’s Harlow went into administration in 2020. As their Chairman put it: “They’ve taken what they wanted and now they’ve got it, they didn’t need the shell of Smith’s”.

Welcome to capitalism. Why did a Chinese company, or any company, to continue a deal once they got what they wanted?

Both our countries have had to take action to stem CCP acquisition of cutting-edge national security advantage.

So, China paid for it.

It seems that to move all jobs to China was good because it only affected the working class. But now capitalism is not so good anymore.

I see that dangers of the CCP taking over high tech industries, they should not be allowed. But it is probably too late to do this effectively as most manufacturing has moved to China. Profits over people always bites back.

car_analogy• 4 years ago

I see that dangers of the CCP taking over high tech industries

Then you see more than our wise economists, whose theory predicts, by way of simplified models and comparative advantage, that our instincts are wrong and everything will work out okay.

mensetmanusman• 4 years ago

Low cost labor delays advancements in automation.

The iPhone could have been made in the west, but for many years it would have cost a lot more. It’s hard to imagine, but half a million people working in a single factory can accomplish amazing things. With America’s aging population, this is very difficult to accomplish here, And robotics are still many decades away from replacing reconfigurable human labor at low cost.

andsoitis2• 4 years ago

Interesting train of thought.

Do you think that we in the west are then more closely responsible for the repression of people in China than what we admit to ourselves? We want cheap things? Oh, this country can offer low cost labor... It's like blood diamonds (probably worse in terms of scale), but less controversial for some reason.

thrown321• 4 years ago

Have any economists done the study? It would be interesting to see. Maybe a PhD or two in this area.

rtev• 4 years ago

It’s easy to ignore what’s impossible to morally justify.

andsoitis2• 4 years ago

If my remarks today elicit accusations of Sinophobia, from an authoritarian CCP, I trust you’ll see the irony.

I love that he takes on the false equivalence we see often employed to deflect.

qwertyX99• 4 years ago

Weapons of Mass Destruction, Weapons of Mass Destruction, Weapons of Mass Destruction. You have lost your moral ground to speak. Yes FBI and MI5 are included, your are part of the western intelligence alliance. Yes China is a baddy, but you have lost your credibility, I am not sure if you will ever get it back.

Joint Address by MI5 and FBI Heads Regarding China

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