Comments by "Louis Giokas" (@louisgiokas2206) on "Ruble to USD at 200:1, Near Collapse! Russians Swap RMB for USD;Yuan at Risk,Drains China’s Reserves" video.

  1. China is the most vulnerable country in the world. They import most of their oil and gas. They import a large part of their food and the inputs to grow food. In fact, right now they are experiencing an agricultural meltdown because of drought and floods (in different parts of the country, of course). The fact is, if they precipitated a conflict, the US and its allies would not even have to get close to China to cut it off. What follows is industrial collapse and then mass starvation. Why do you think they instituted the one child policy? They were afraid of the growing population causing a collapse because of the inability to feed it. They have a big military with little ability to project power. The only countries they could realistically attack are all on their borders. Two of these are nuclear powers. On the other hand, no one wants to invade China. As I mentioned above, they don't really have anything anyone else needs and then there are all those Chinese. Economically, they are the second largest economy in the world, but their economy is only 2/3 of the largest economy, while their population is four times as big. Their economy is about the size of the EU plus the UK with three times the population. This is not a formula for world domination. Economically, they have put themselves in a poor position. They require foreign companies to have a majority local ownership in any manufacturing plants they put in China. This limits the detrimental effects of a Chinese decoupling. One Japanese car company quit China and it did not have a material effect on their overall business. Another issue is that many western companies operating in China use contractors. In that model, you can get another contractor somewhere else. Not much leverage there for the CCP. The plain fact is, China is toast, and it is their own doing.
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