Posted on 12/29/2019 6:15:19 PM PST by SeekAndFind
how does that saying go Keep an eye out for a cornered animal is most vicious when cornered! I would not doubt for one minute these evil communist bastards start a war with the USA!
... even as producer prices, a driver of industrial profits, slumped below zero earlier in 2019, a clear indicator that China's enterprises desperate for lower rates.
Our chance to export Paul Krugman ?
Win the trade war — collapse China and get Chinese money out of US politics.
Drill, Baby, Drill — become an oil superpower, change the Middle East and get Arab money out of US politics.
Drain the swamp — remove corrupt US officials and arrest the leaders, get Soros money out of US politics.
MAGA
Remember, China is not a free country, banking and the financial systems are run by the CCP. Xi does a lot of PR for the external world but internally he is under a lot of pressure from the forces who really run China.
Trump knows this and that’s why he keeps turning the handle of the vise.
It is going to be an epic writedown of bad debt, and revaluation of of their currency. The working people are going to have their net worth halved.
Domestically, they can fudge the numbers, and continue to print their Monopoly money, but in dollar terms, the reckoning is approaching.
It is going to be Epic.
The best cure for them would be to throw off the Communist Party rule.
I like the way you think!
These people are so GD stupid. Every member of the Chinese leadership at every level should begin by immersing themselves in the works of Adam Smith, Murray Rothbard, Ludwig von Mises, and Ayn Rand. They might just learn a thing or two.
Could it actually lead to a resurgence of Maoism?
As China struggles to deal with the slowdown of the worlds second-largest economy, it has embarked on a new strategy of placing financial experts in provinces to manage risks and rebuild regional economies...
...and to be sacrificial lambs when the economy tanks.
The Patrick Lumumba memorial university in Moscow.
Out with the engineers...in with the bankers. An admission of failure.
Nothing can save them and these “experts” will probably make things worse.
In 40 years China has become the second largest economy. They have definitely learned more than a thing or two.
China is more likely to face a slow, grinding, multi-decade zero growth period (as well as population decline), like Japan.
It is interesting that Xi and the party have been increasing control recently as they are under increased stress and pressure. Trump is a major threat to them as he has displaced their appointment for the economic throne and slowed the wealth redistribution from our nation to China AND he is showing the Chinese people (who respect him) what freedom can do for a nation and people.
The real question may be “how does this all end?”
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