Archive of the full article.
This is rational from China’s perspective. Divesting in the American technology pipeline not only weakens America’s grip on the global economy but also positions China as the leader in global technology.
Also, we have more evidence of US putting back doors into technology than we do China. If you’re living in the imperial core, it’s far more likely that the US is monitoring your activities than China is.
Because you can’t do self-harm. The state would never allow for its own hand to be cut off. Russian assets are from a whole different pool of capitalists.
Except, they don’t. They can’t even keep up with the demand from both Israel and Ukraine. The MIC isn’t spinning up fast enough, and local factory production is almost non-existent. Soon the bark is going to be more than the bite.
Do you like being the global economic superpower with hegemonic influence over the world economy? Because this is a good fucking way to get other nations to tell you and the World Bank to fuck right off. Can’t seize assets that are not part of your banking regime, and this definitely incentivizes de-dollarization.
Could this result in a balkanization effect? Lots of exit talk in the last 10 years (caliexit, texit). Could conditions be reaching similar states that invoked things like The Hartford Convention?
My thinking is there would probably need to be more external intervention for that to a happen. Which I think aligns with history.
So I guess Alex Jones is a legitimate source then.
Working a deckade in retail prepared me for that.
It was free
On what basis do you make such a claim?