I've never been angrier in my life.
Posted on 05/21/2026 5:56:33 AM PDT by MtnClimber
Trump understands finance and economics. Trump knows that China is doubling down on their path to economic doom. I’ve come to believe that he is humoring the Chinese to get good trade deals for America, knowing that China is struggling to stave off their coming financial crash.
We have read about China building, and sustaining, its rapidly growing economy with huge spending on government financed projects. These projects are often large infrastructure and urban housing projects.
All governments do this. China’s mistake is doing it on a gigantic scale by continuing to print money it doesn’t have. This creates a vast public debt that becomes progressively more dangerous. This is perhaps an inevitable mistake made by leaders of socialist economies. Russia is doing the same thing to keep paying for its failing Ukraine gambit.
Socialists avoid the natural controls of capitalist economies that let businesses fail, rather than continue to cover their failure to make a profit. This leads to ever more government debt to avoid economic collapse, thus making the problem ever larger, and making the inevitable collapse ever worse.
This article from the Financial Times describes it well.
How China enables American domination
Normally after an empire gains economic might, its currency takes an increasing share of reserves held by central banks. With a 17 per cent share of global GDP, but only 2 per cent of central bank reserves, China is trailing 30 to 40 years behind previous superpowers at a similar stage of their ascents.
(Excerpt) Read more at americanthinker.com ...
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And their oil supplies are shrinking.
What actions did Japan take when their oil supplies were embargoed by the U.S.?
China’s Great Depression most definitely is coming. And its going to be ugly for the entire world including the US. They have been lying about their economic statistics for a while now. No one can be sure what they are but they aren’t as good as portrayed and there are signs they are a lot worse. At best, the result will be a world-wide recession and perhaps depression. At worst, East Asian political instability and war.
What did the Argentine generals do when the protests got too hot to handle?
The reason why liberals don’t consider debt important is because they think that once you have the infrastructure, it doesn’t matter if the economy collapses. You can rebuild from where you are, once the infrastructure exists.
They don’t consider that it costs money to maintain the infrastructure.
I personally think the CCP knows there is end is coming, so they are gathering as much gold for themselves as they can before bugging out and leaving the Chinese citizen to pick up the pieces from nothing.
The Germans invented Fanta.
So who will write the 2026 version of the Glapes of Lath?..............
Russia is exporting fuel to pay for their special military operation
I've never been angrier in my life.
Not bad
Great. Hope the arrogant pricks face the reality that they aren’t going to rule the world and play ball or millions of dogs will be killed to feed them.
The US gov’t continues deficit spending to fund waste fraud and abuse.
How will they afford to buy women to offset their one million young women shortage (vs marriage aged men)? Their own one-child policy and sex selective abortion has left them hanging.
Because there is nothing better for world stability than a big cohort of unemployed, unmarried men with no hope for the future.
I can’t wait to see how this turns out. //sarc
The Chicoms may well come to feel that a hot war is better than sitting in a depression of their own making
During Trump's presidency debt has grown by 10.5 trillion dollars (so far). But instead of rail terminals connecting our cities we turn our wealth into smoke and dust on the other side of the world for the benefit of foreign nations.
The leader of our socialist economy has given the government a stake in at least 15 companies. But I guess it's ok when we do it, or something.
I can’t remember who made the point, but Xi made a strategic error by robbing the western companies that chose to invest in China. Had they opened their markets and allowed them to make a return on their investment, whether Xi was robbing the IP or not, those companies would have acquiesced.
He didn’t understand the long game. The game was not all the way in the trap before he closed the gate.
Nobody trusts him with their money. Only way out for China is post-Xi.
The world’s history is chock full of examples where kings used war as a way to divert their subjects from their domestic unrest.
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