Saturday, October 1

Yet another economic battle between Russia, China and the US

In the cold war between Russia and the USA as battering rams of the NATO and the Warsaw Pact moved not only the interests of two different ways of understanding the economyBut the domain of technology that we will use in the future and that will be essential to choose who will be the dominant countries or regions in the coming years.

We have gone from an economic and technological confrontation of Russia and the US to a broader where China has entered and where Europe also try not to be left behind. We are talking about two technologies, that of inexhaustible and inexhaustible energy such as nuclear and another technology that are supersonic missiles.

If we start with the first, the US has always been clear that it needed three things to be the dominant power in the world: cheap energy – it had it since it is an oil producer itself – an effective army – the best air force, Maritime and land is yours- and the largest capital market in the world that would allow you to finance any idea or company in your country and even attract a large part of the talent from the rest of the world.

The third leg, does not seem to be at risk, The US is the undisputed leader in the capital marketBut the other two, cheap energy and the dominant army, no longer seem so clear.

Both Russia, China, the United States and Europe (France and the United Kingdom, mainly) are looking for cheap nuclear energy, both through nuclear fusion, still in development and authentic clean energy, as well as improving current nuclear power plants, making them smaller and with a technology that would make them much safer and they do not need water to turn off in the event of an accident like it happened in Fukushima.

China has just announced that it has developed a 200 megawatt Modular Reactor (SMR) that is already supplying power to the country’s electrical grid. The Chinese SMR is the first in the world with its capacity to be operational and is ahead of other countries in the use of this technology, which means savings in its construction (it is a fifth as large as a conventional one) and much safer.

China wants to stop depending on oil and coal – although it owns a lot – and is going to invest more than $ 400 billion to extend a vast network of nuclear power plants of new generation throughout the country to meet your future energy needs.

For its part, Russia is also testing this technology, although it is doing it on ships that can be moved anywhere to provide electricity to any point along its coastline. And in Europe only France and the United Kingdom are for the work of this type of energy that will undoubtedly give competitive advantages to these countries in the future, within the EU. Let us remember that France, as an example, is very competitive because of the cheap energy that it manages to offer to companies. The rest of Europe is in the transition to a greener economy – it is a good path without a doubt – but in transition periods there can be many difficulties and high costs that companies will have.

Whoever masters this technology or manages to do a nuclear fusion power plant (there are still years for it), will be the one that will dominate the world energetically speaking And that means competitive advantages for your companies.

The other point in dispute is that of supersonic weaponry, where China has once again taken a great leap in quality. If Russia had already tried its supersonic ballistic missiles, China has taken an even greater leap and the US is desperate to see how it has fallen behind in this arms race.

In this, Europe is clearly on other fronts and is not developing any type of weapon of this caliber, despite the fact that many times the patents developed for this purpose allow the development of massive civil projects, as for example happened with energy cells. solar, Teflon, flame retardant suits, dehydrated food …

And now I’m talking about a company. Lockheed martin

Lockheed Martin is one of the defense companies that has more interests with the US Ministry of Defense, it is the prime contractor for a hypersonic glide and propulsion missile for the US Army and Navy. It also has a division that is seeking the development of a new nuclear power plant by fusion.

The history of Lockheed Martin is associated with the great military aircraft (F-35, F-22, F1-16, U-2) that have allowed the United States to be the king of the skies. as well as a large amount of weapons and satellites.

Lockheed’s Eric Scherff, vice president of the space systems division overseeing the program, said the company plans an initial flight test in the first half of 2022 and that its first hypersonic missiles are on track to be delivered to the Army by the end of the year. government of 2023.

Annual revenue tied to hypersonic weapons should double from $ 1.5 billion to more than $ 3,000 for this division alone, assuming key programs catch up with production.

We can see the company’s listing on the stock market.

In this price there is a future of energy and supersonic technology, follow the company, because if there are significant advances, both due to its own development or because the James Bond of the moment achieves it … The next few years here will see the economic confrontation between the major superpowers.

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