Americans will continue to control Japan but not China

In any case, China did collapse many times before, during dynastic changes, foreign attacks, civil wars and Japanese occupation. Each time, China rose from the ashes like a phoenix. It did not, however, collapse under Gordon Chang's fairy tale. As I always say, a civilization does not collapse and disappear forever. It endures, find ways to overcome the odds, adapt and will not perish. China is fortunate not to be put under the thumb of anybody, unlike Japan, and is able to chart its own destiny.

If the USA collapses, I think that is terminal. The US$40 trillion will wipe out its own citizen's retirement savings in retirement funds, property prices, hedge funds, banks, and kill off foreign investments into its debts forever. Of course, there will still be those 'stupidity without cure', who will continue to worship them. No fallen empires have historically managed to rise again - not the British, not the Germans, not the Spanish, not the Portuguese and not the Japanese. The Japs are still trying I believe, but to no avail.

Talking about Japan, all that stimulation and propping up the yen are measures resembling someone getting ready for sex but will end with a whimper afterwards, totally spent. It looks like Plaza Accord 2 is on the cards, that will kill off Japan for good. Unable to have financial sovereignty of its own, dictated to by the USA, warned by Scott Bessent against selling its USA Treasuries and yet complaining about the falling yen. Japan has exhausted all its efforts to prop up the falling yen. The first Plaza Accord was the straw that broke Japan's back, forever. The same move a second time will make it even worse. I do not think Japan is going to make that same disastrous mistake a second time.


Anonymous