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HKim0072
Zeihan on Geopolitics
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Comments by "HKim0072" (@HKim0072) on "Don't Be Surprised by China's Collapse || Peter Zeihan" video.
@TAS_CNX Those are upper class Chinese. It means they have external funding sources and can live abroad. The middle class in China can't do that.
59
You need to separate out long term issues and short term issues. Short term employment issues are due to mismatch of labor, less export / manufacturing jobs due to supply chains shifting and way less FDI / foreign companies leaving. The falling population is a future thing ie less tax base, less consumption, etc when the older people die off.
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@@LTNetjak Yeah, the median income in China is $12,500. Don't think the overseas Chinese are going to slum it in SE Asia. They'll need at least $25-50K per year minimally. Probably need to have at least $500K+ liquid to feel comfortable. Closer to $1M makes more sense. Income is definitely relative.
7
The CIA strategically released information on their Rocket Force in public. This was done in Oct 2022 via the US Airforce's think tank: China Aerospace Studies Institute. We basically said out loud that "we recruited some of your military to agents". My amateur analysis says this was done to slow done the invasion. Xi had to re-examine the military and appoint less experienced and to a degree less trust worthy military officers.
4
Congrats. The US has a 6-7x higher median income.
3
Look at the index in July 2009. IT'S AT THE SAME LEVEL. The index hasn't moved in 14 years!
2
If you subtract out the increase in deficit spending, Trump had 1-2% GDP growth. You must be 20 and missed the Clinton years (and Ronnie).
2
They ain't going to disappear. Basically, some combination of Japan's lost decade(s) and the US 2007-09 debacle seems to be underway. But, possibly a bit worse since they are up to their eyeballs in debt. Money printer isn't really an option.
1
@markh3279 Things will go haywire if they invade Taiwan. Until then, supply chains are intact in the current status.
1
They easily could have fixed this a decade ago, but that would have required fewer global goals. They definitely got the worst dude possible in Xi. A zealot who cares only about his ideology and power.
1
@jacksmith-mu3ee It's public data. You can read the report for yourself. Google it since YouTube doesn't allow web addresses. They published a 255 page report on Oct 24, 2022. Edit: Obviously, this is the unclassified version.
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You just answered your own question. Those are all outward facing projects.
1