Russia is a sideshow compared to China
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Date: July 18th, 2018 6:59 PM Author: mahogany immigrant
Bannon is right - Russia is really ultimately not that important to our future. Any media attention that is diverted from competing with China is a waste of time.
https://www.zerohedge.com/news/2018-07-18/bannon-were-war-chinaand-we-will-win
Russia is an annoyance. China is our great challenge. Russia's economy is the size of Texas or New York State? It's got lots of nuclear weapons...but in today's warfare...nuclear weapons are taking a less important role. Trump is trying to end the Cold War and the Korean War...and all he is getting is grief from the globalists.
And that's a huge problem, because not only are we adversaries with China, we are at war with China, Bannon said.
We're in a war with China. Ray Dalio tweeted the other day. There's three types of war: information war, economic war, and guns-up kinetic war. They've been at war with us for 25 years. Many people in this room have exacerbated the rise of China."
Pushing back against the notion that Trump lacks grand foreign policy vision, Trump, like Reagan, is trying to build a foreign policy behind American assertiveness and optimism. Furthermore, the notion that China has advantages over the US in a trade war is laughable; the US can - and will - win, Bannon said.
If they devalue their currency they're just going to flood more dollars out. That's what their own people think about their economy. We allowed them to take the South China Sea. Donald Trump is not going to back off this. Donald Trump is not going to blink. Victory is when they give us access to their markets.
This trade war is going to end in victory and what you're going to see is a reorientation of the entire supply chain out of China.
(http://www.autoadmit.com/thread.php?thread_id=4029637&forum_id=2#36455113) |
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Date: July 18th, 2018 7:32 PM Author: mahogany immigrant
Link to the US's one-child policy? Yes, they are worse off than us demographically and in terms of their debt.
https://www.bloomberg.com/news/articles/2018-02-08/sizing-up-china-s-debt-bubble-bloomberg-economics
In 2008, China’s total debt was about 141 percent of its gross domestic product. By mid-2017 that number had risen to 256 percent. Countries that take on such a large amount of debt in such a short period typically face a hard landing. That’s why everyone—academics, private banks, the International Monetary Fund, the Organization of Economic Cooperation and Development, the Bank for International Settlements, and People’s Bank of China Governor Zhou Xiaochuan—is sounding the alarm.
(http://www.autoadmit.com/thread.php?thread_id=4029637&forum_id=2#36455285) |
Date: July 18th, 2018 7:25 PM Author: twinkling electric furnace chapel
stuffwhitepeoplelike: claiming chinks are low intelligence dullards who have a fraudlies economy that will implode any day now
stuffwhitepeoplelike: worrying about a paper tiger
(http://www.autoadmit.com/thread.php?thread_id=4029637&forum_id=2#36455239) |
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