Wednesday, September 20, 2023

Peter Zeihan on China's collapse

Zeihan claims the collapse of China is happening right now, and that the buildup to the collapse has been happening all of this time, especially during COVID—i.e., not all at once.

Pivoting away from China is absolutely crucial: remove China from the global economic network as much as possible so as to minimize the impact of China's long, ponderous fall. A collapse is going to hurt a lot of nations for sure: here in South Korea, China is South Korea's largest trading partner—an unwise stance that has nevertheless been the status quo for years. Ideally, South Korea's biggest trading partner ought to be the US, but I suspect that Korean globalists, just like American globalists, are hungry for all the cheap labor that China can harness to produce massive amounts of many goods. This is the dark side of capitalism. And to make matters worse, China's not even a capitalistic country. Other countries that will deeply feel the pain of China's collapse will be all the nations seduced into those Belt-and-Road Initiative deals. That's a lot of African nations, some South American nations and, rather conspicuously, Sri Lanka in South Asia. All y'all suckazz. And you're about to pay a karmic debt that you probably didn't even know you owed. 

But most of these countries had been warned.



1 comment:

John Mac said...

I've considered China the biggest threat to world peace for a long time now. And while this doom and gloom news about a potential collapse is good to hear, I suspect China won't go down without a fight. Probably starting in Taiwan, and maybe they'll figure they might as well grab the Philippines while we are at it. Nothing like a war to refuel a failing economy.