Another video predicting the collapse of the Chinese economy in about a month:
I admit this is making me very nervous. When two videos by two separate sources (here's the previous video) make the same prediction, that could mean several things: (1) both videos are so politically aligned that they're essentially singing from the same hymnal; (2) China's imminent collapse is so obvious that it can no longer be hidden; (3) both videos are saying the same thing through sheer coincidence, and the information they're peddling is utterly wrong. Which alternative do you think is most likely? I confess I'm in a bit of denial about this: the Chinese economy is a well-known bubble and has been for years, but if it were to collapse, that would nevertheless severely damage economies throughout the world. Can that really happen, or is China "too big to fail"? The hints we're seeing now, globally, of supply-line problems and food shortages would become a horrifying reality even in richer countries like America. So while I'm not a fan of a strong China that projects its force and its agenda everywhere, I'm also not a fan of a collapsed China that takes everyone down with it. So, what do you think? How likely is this fabled collapse? Leave your thoughts in the comments.
1 comment:
I find it hard to imagine there will be a total collapse; the state has too much power to take whatever actions it needs to sustain itself. This is not to say significant changes aren't on the horizon. Maybe Taiwan gets attacked as a distraction, or perhaps Xi gets deposed. Either way, I fear China will remain a threat to world peace for a long time to come.
Post a Comment