...According to a front-page Wall Street Journal report from yesterday, Xi “is trying to roll back China’s decades-long evolution toward Western-style capitalism and put the country on a different path entirely.”
...If Xi truly wants to achieve Mao’s vision, then China will assuredly no longer be an economic player on the world stage.
It will implode.
...The economics of such a lurch would be very harmful for the U.S. economy.
In other words, a declining China would very much pull down the U.S.
...Which is just a way of saying that if a rising China has you up in arms and worried, start thinking bigger picture.
...Which is just a way of saying that if a rising China has you up in arms and worried, start thinking bigger picture.
Indeed, if a growing China terrifies you or angers you, just wait for a Chinese collapse.
Only then will you really know terror and anger...Read all.
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