RE: Beware Of Evergrande: Global Crisis Incoming
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I get in fights with my Conservative friends all the time. They are so frightened Chinese troops are going to land in California and march all the way to North Carolina within the next few months. I keep telling them China couldn't invade Taiwan much less Hawaii or the mainland US. I tell them they are falling for government fear porn designed to distract them from the real crooks in DC. Then I ask them, does socialism work, yes or no. They say no. Then I ask why are you afraid of a socialist country? Long term, socialism always leads to poverty and starvation.
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It is questionable whether China could take Taiwan. Even if they could, how could they hold it. Occupying is a lot different than invading.
China does not have the naval might to operate on the oceans. That is why they need the US to make sure their goods go through. If the US pulls that, which it is doing all over the world, China will be crushed.
Do not be surprised to see that country plummet globally over the next decade.
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I eagerly await the arise of India, the new superpower.