Historically, Socialism has been great until the State runs out of other people’s money. In the case of China, it will continue to be great until China’s banks run out of their own loans.
China’s debt-driven “miracle” is a bubble expected to pop somewhere just over the horizon.
China doesn’t mean to burst Trump’s bubble, but when bubbles are bursting, the more the merrier.
While the international spokesmen (AKA pundits and news writers) tell readers what they want the readers to know they should believe, China understands two things: 1. Trump’s ideas are unconventional, 2. US election rhetoric is usually “trumped” up.
Economics will likely shift across the Pacific due to a plurality of causes. China says everything will remain more or less the same. So, everything remains more or less the same.
North Korea gears up for a fifth nuke test. The South sees it as more of a power move in lieu of Northern isolation. Russia and the US clashed sheathed sabres; China piped-in as was opportune.
The Japanese had some of their own problems, though none them nuclear, which is more than can be said for Korea. Japan’s earthquake was the largest since 2011 and seemed to coincide with Ecuador’s broken record of 1900. This was definitely a week of shake-ups.
…Chinese State media
Source: Pacific Daily Times
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- Teacher Lesson Plans: Simple Shoji Screen from Crayola.com (crayola.com)
- We need a stronger leader – but it’s not Donald Trump (jsonline.com)
- ‘We’re a poor country now’: Donald Trump wants America to spend at home (smh.com.au)
- The China-U.S. Trade Relationship, in 1 GIF (usnews.com)
- Seoul may appeal to Beijing for help amid US pullout of soldiers (chinadailymail.com)
- China threatens restricted flight zone over entire South China Sea, giving them the right to shoot down unauthorised planes (chinadailymail.com)
- Future growth of India and China to be tuned by Japan (chinadailymail.com)
- Cool War: United States and China in the future of the global competition (chinadailymail.com)
- Cadence of Conflict: Asia, March 21, 2016 (chinadailymail.com)