You're not wrong. My point with China is they were leagues smarter than other authoritarian regimes. Whilst they decried the corruption of democracy they were happy to take the money from democracies. And don't get me wrong, the CCP is as corrupt as anything lol. The leaders in the CCP are a lot better fed, dressed and watered than their…
You're not wrong. My point with China is they were leagues smarter than other authoritarian regimes. Whilst they decried the corruption of democracy they were happy to take the money from democracies. And don't get me wrong, the CCP is as corrupt as anything lol. The leaders in the CCP are a lot better fed, dressed and watered than their billion and a half constituents. China is a very old country though and is quite practised in playing the long game, and they played the western world like muppets.
It's the only country Putin is truly scared of (he laughs at Trump), and he wishes he could have an economy like China. The other authoritarians can't even dream of it as their countries aren't big enough lol.
If I was an American investor or citizen though, my immediate worry would be Trump playing chicken with Xie. Trump is a clown when it comes to real finance, he's a fake TV businessman with the incredibly impressive feat of bankrupting casinos. Xie is the real deal though and has already levied tariffs back in a relatively restrained way. But if Trump keeps pushing and blustering, Xie has the magic weapon to do real damage to the US economy - the $760 billion in USA government bonds China holds. That scenario is something no-one in the western world wants, no-one sane anyway.
You're not wrong. My point with China is they were leagues smarter than other authoritarian regimes. Whilst they decried the corruption of democracy they were happy to take the money from democracies. And don't get me wrong, the CCP is as corrupt as anything lol. The leaders in the CCP are a lot better fed, dressed and watered than their billion and a half constituents. China is a very old country though and is quite practised in playing the long game, and they played the western world like muppets.
It's the only country Putin is truly scared of (he laughs at Trump), and he wishes he could have an economy like China. The other authoritarians can't even dream of it as their countries aren't big enough lol.
If I was an American investor or citizen though, my immediate worry would be Trump playing chicken with Xie. Trump is a clown when it comes to real finance, he's a fake TV businessman with the incredibly impressive feat of bankrupting casinos. Xie is the real deal though and has already levied tariffs back in a relatively restrained way. But if Trump keeps pushing and blustering, Xie has the magic weapon to do real damage to the US economy - the $760 billion in USA government bonds China holds. That scenario is something no-one in the western world wants, no-one sane anyway.