The USA and the West, including Japan must understand and realize that what does not kill China, will turn China into peer competitors in every field. And the USA, Japan and the West will be the ones suffering the consequences.
So, what is really happening is that China is getting more successful in its effort at decoupling, thanks to the actions of the USA and its allies. Necessity is the mother of invention and competition is the mother of innovation. Curbing competition is the death of innovation.
Anonymous
4 comments:
Scott Bessant now demands that global investors buy USA debt. That is nothing more than desperation setting in.
USA Treasuries are no more the safest investment for global investors and countries are beginning to realize that. Central Banks of most countries are buying gold. Nothing more secure than keeping gold but must not keep them at Fort Knox out of stupidity. Keeping them at home is the safest in order not to be seized by the Anglo-Saxon Whites like what happened to Russian assets. Now, many countries like Germany and Spain are asking the USA to return their gold.
Who is Scott Bessant directing his message of demand directed at? Not China of course, as J. D. Vance already denigrate Chinese peasants buying USA debt as another rip-off, by lending money to the USA people to buy more Chinese goods. J. D. Vance got what he wished for.
China must never ever again help a desperate snake in economic trouble. China rendered help to the USA to tide over during the 2008 financial crisis and got nothing more than being bitten. What followed was all the sanctions, trade war and tariff war. A good deed does not deserve another in this case and certainly not to the same snake.
China should simply decouple from Japan as well. No need to fight, just let the Japanese economy collapses on its own.
Emperor Trump needs a king's robe.
Japan is collapsing. This is not Gordon Chang talking about the collapse of China. It is real.
When Japan is against the wall, it is a very dangerous animal. China must watch very carefully what Japan is trying to do.
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