This is a beautiful and simple chart, shared by a friend Eric Jurado.
Yes, Asia is an economic and industrial powerhouse now.
CN is the anchor, JP only second, KR third.
In 2024, CN exports was almost equivalent to US + Germany combined.
While until 2005, CN exports was only 1/7 of US + Germany combined.
Also in 2024, KR exports was larger than Italy or France or UK.
While until 2005, the exports of any of these 3 Europeans were 2x or 3x of KR's.
Where there is more prosperity, there will be more freedom.
And where there is degrowth and deprosperity, there will be less freedom.
So Asians will soon (or now) have more freedom than Europeans and even N.Americans.
Like the freedom to say, Yes there are only 2 genders, and not worry being harassed if not prosecuted.
Freedom to choose 2 or 3 aircons in the house, not freedom to choose occasionally candles or gensets.
Freedom to assert country border, freedom to immediately deport illegal immigrants and aliens.
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See also:
Free trade 72, Illicit products and prohibitions in government, February 03, 2023
Free Trade 73, Trade diversion as consequence of zero or high tariffs, October 26, 2024
Free Trade 74, Trump's tariff reciprocity plan, March 02, 2025
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