Note. The article below warns about the danger in a future where we see the "decline of China". I don't care. I want them curb stomped and the ragged land dragged to a bonfire and set ablaze. Where they see warning signs I cheer...
via Vox
But while reporting in Japan on Wednesday, I heard the most troubling prediction about China yet — and it was actually about the country’s decline.Story here.
“If the central government runs out of money, then they’re in trouble,” Akio Takahara, one of Japan’s leading scholars on China, told US-based reporters. “If you talk to the Chinese people, they’ll tell you that this [system of government] cannot last forever. So someday there will be a big change, but they don’t know when, they don’t know how, or what the process will be,” Takahara said.
And, he added, it won’t necessarily be peaceful.
There are two worrying things packed into that analysis, so let’s take each in turn.
First, on the surface it seems impossible that China — the world’s second-strongest economy — would run out of cash any time soon. But there are signs that China is undergoing a significant slowdown, partially because of President Donald Trump’s trade war.
Farmers in my state are reportedly hurting. Manufacturing here is suppose to be in a hurt locker.
Mainstream Democrats and Republican have rallied against it.
But Trump's trade war is working!
And that's the thing.
We need to continue the course. The beast is wounded but he's not down yet.
Is it possible the American people will suffer higher prices? You bet your ass but better a little pain now then facing the issue of having to fight for our national survival later.
China is hurting. Most news sites won't tell you that. Vox did and I'm overjoyed by the news.
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