The US is bunging economic sanctions on China (eg witholding...

  1. 22,958 Posts.
    lightbulb Created with Sketch. 769
    The US is bunging economic sanctions on China (eg witholding Chips/tariffs etc etc)
    to stymie Chinese growth because it knows that if China continues on its current
    growth trajectory that its only a matter of time before China will replace the USD
    in international trade with the Yuan.

    Any country in history that has run trade deficits and continuously accrued
    massive debt collapsed and according to some eminent economists, that
    once the USD is debunked as the international reserve currency that
    the US global empire too will collapse.

    So, IMO those who think that the Chinese economy will collapse and take
    with it the CCP ought to think again IMO, because the longer that China can
    avoid war with the USA, the better opportunity it has of displacing the USD
    as the global reserve currency and with that the likely economic collapse of the USA.

    Here is an interesting video on that very topic.



    Last edited by moorookamick: 03/09/24
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.