All oil is global commodity and the US refineries can’t take the oil that the US produces. So they mix it with heavy sours from Canada so the refineries can handle them. So a lot of the oil in the US is dependent on foreign oil as you said.
The real problem I see is the one child policy. If China decides to go to war and say they have 1000 deaths. How many bloodline die? I feel like there would be a hesitation to fight on the Chinese side if they were to take any losses.
It is one of the reasons I don’t believe China would take on Taiwan.
Well no. This will be the same as in the other countries : when you're poor and sufficiently brainwashed you go to war to "defend" your country, no question asked.
While true, China still has around 100,000,000 men between the ages of 20 and 35. Even a millions deaths would be tolerable, which itself seems crazy for an invasion of Taiwan.
Anecdotally, I heard some Indians in the USA working at Big Tech are moving back to India to take the skills they developed in the USA to train and organize teams in India.
I’d say what India struggles a lot with is organizational skills so it will be interesting if this is true and to see what results in a couple of years. Will Indians continue on the services path or will they move to the R&D path.
I’ve been wondering if the showdown in Iran if it leads to a conflict will bifurcate the oil prices, the US vs rest of the world. If the Middle East is in smokes then the US can dictate oil prices with its control of the supplies in Guyana and Venezuela.
I have a lot of contacts in Hyderabad, India and it doesn’t seem like any of them are really worried about their jobs. Haven’t heard of any layoffs there. With additional GCCs being built out I do think there will be more offshoring.
I have been converting a lot of my makefiles to pyinvoke and fabric and it makes things so much easier to manage than bash or make. Don't know why I held on for so long.
And seems about 23% comes from the Middle East. https://www.energy.ca.gov/data-reports/energy-almanac/califo...