Comments by "Vale Tudo" (@valetudo1569) on "Lei's Real Talk" channel.

Thank you Lei. The only problem with that gentleman's assessment about "now being the best time to strike" in regards to raising interest rates is.... The Federal Reserve is independent of America's foreign policy. It's raising of interest rates is based on economic data and not US strategic geopolitical goals. I see how he came to that conclusion, but it just doesn't work that way.
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@debabratabanerjee7461 The burden of proof is on the person saying otherwise
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Everybody here should search "Michael Pettis" on youtube. He is a famous economist who works at Peking University in Beijing, and even advises some of the CCP on economic issues. He has a very fascinating concept of the issue with the Chinese economy, and what it needs to do to reform. It'll give a huge insight into the oddities of their GDP numbers and the reforms necessary to prevent stagnation of the Chinese economy. I'm actually surprised he's as open and honest as he is, given how strict they've become on the flow of information and that he still lives in China.
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The talk of the sanctions super-charging China's chip industry is spread by State Run/Pro CCP outlets and picked up by Western Media for clicks. There is absolutely no evidence of this, and quite the contrary - China's chip industry so far has been largely unsuccessful at catching up to the best in the world, despite throwing so many billions. SMIC has "maybe" developed 7nm chips now, but they use this N+1 technology or whatever where they have to use this other technology to boost less effective chips up to 7nm, because they cannot get the 1st generation lithography equipment. It's the reason China was upset in the first place about being cutoff from it. Supercharged? Absolutely not. At best, they will be greatly slowed down and forced to spend many more 10's of billions to develop their own....at best
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