Saving Face

[Chobham]

China has significant internal troubles with mortgage debt repayments and a slowing economy.

It suits XI to manufacture an external threat and enemy to take people's minds off their own pain.

Precisely. The collapse of their real estate markets (if you can call them that) is just one of the many financial problems they're facing.

Foreign investment has declined dramatically while foreign industries are closing shop and moving out while they can. At the same time their chip industry is in deep trouble. Industry exec's are under investigation and/or arrested. The Chinese government shoveled out billions upon billions RMB to bootstrap the industry and have virtually nothing to show for it.

 

[iso36]

Keep in mind that these things take decades.

The American Middle Class has been sinking for decades and only now do you see any real unrest at a level that affects governing at all.

The people of Russia and China are used to generations of having nothing, so they can sink lower without worrying about government instability.

Bottom line is that each of china russia and the usa can fuck things up for the rest of us, so it’d be cool if 1 or 2 of you could smarten up.

 

[Chobham]

Keep in mind that these things take decades.

The American Middle Class has been sinking for decades and only now do you see any real unrest at a level that affects governing at all.

The people of Russia and China are used to generations of having nothing, so they can sink lower without worrying about government instability.

Bottom line is that each of china russia and the usa can fuck things up for the rest of us, so it’d be cool if 1 or 2 of you could smarten up.

Governments can fall virtually overnight, remember the USSR and that was a financial collapse. I have no doubt that China will still be there but will Xi or the CCP?