Yep. China is substantially smarter than dem Ruskies, they know where their bread gets buttered.
kori will spin this somehow as dems being loyal to CCP
exercises
taiwan shaking at the sight of some synchronized swimming in the pacific
CHINA STAAAAAAAAAAAACKED
AMERICA FUUUUUUUUUUUUUUUUUUUUCKED
IRAN STAAAAAAAAAAAAAAAAAAAAAAACKED
ISRAEL FUUUUUUUUUUUUUUUUUUUUUUUUUCKED
All the Chinese threats basically forced Pelosi to go. China's wolf warrior diplomacy is mind numbingly counter-productive.
LOL Xi's real estate bubble that's about to kill his economy
Chinese reaction when Pelosi took a on them...
"We scaly, lespect us"
"hold me back bro" while backpedaling
That's the Carmelo special
Xi ed around and found out Pelosi’s kung fu is #1
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they've been saying this for 10 years, tbh. it could happen, but otoh the level of financial dirigisme, along with local party cooperation, could help them extend and pretend for awhile.
God knows we've been extending and pretending since capitalism blew up in 2008-9.
14 years of zero bound interest, endless rounds of QE, reverse repo ops paying ins utions to keep their money on the sidelines...
It killed our economy in 2008 and their bubble dwarfs ours.
Oh yeah, and we monetized the bad debt to start with... remember TARP?
Not saying you're wrong, but their economy has a lot more productive value underwriting the shenanigans. We outsourced our industrial plant to them starting decades ago.
あの支那のヤツめ・・・怖い 草
autarky sacrificed for cheap consumer goods, tbh
oh, and quarterly return to shareholders through labor arbitrage, rendering relatively dear American talent redundant.
this is the dark side of the shareholder theory of value -- it wrecks America and Americans for quarterly guidance.
We're also the #1 consumer of their goods and it's not even close....
China Exports By Country (2021)
United States $577.13B
Hong Kong $349.44B
Japan $165.82B
South Korea $148.85B
Vietnam $137.90B
Germany $115.18B
Netherlands $102.43B
Like I said, s are smart folk, they know where their bread gets buttered...
with a commensurate decline in productive capacity, tbh
But, makes sense that we can't rustle their jimmies too much now, we rely on the PRC for too much.
if we hadn't outsourced our industrial plant to them 25 years ago, that wouldn't be the case.
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