The United Mine Workers has declaired bankrupsy. This will result in a lose of
pensions and hospitlization for many reitred workers in PA and WVa. I am
beginning to feel the scope of this event in Western PA. It's another blow
after the collapse of our steel and other manufacturing industries.
I have read about the decline of the West and the rise of China. I am not sure
if the West is declining or if only the East is rising. Western govennments
were amazed that inovation could take place so swiftly within a communist
system; but it clearly is. With the present political termoil within the US
political system, and the fast rise of China, perhaps western systems are not
as good as they are preported to be. I see decline here in Western Pa. China
seems to have taken the lead on climate change and energy innovation.
I am not sure how all of this will turn out.
Frank Z