Interesting. He says this right after essentially making the case for pushing until China collapses then make a deal.
I took Bannon’s point to mean now is the time when we have a lot more leverage with China due to their huge real estate bubble.....ie we can extract much better terms from them. Not “hey let’s throw them a lifeline because they’re in trouble”.
A good deal among stable partners is better than economic enslavement of China type deal and a causis belli.