Comments by "leapdrive" (@leapdrive) on "CRUX"
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China knows it’s time for coercing the Philippines is getting short. Their economy is tanking fast, unemployment is off the roof, more foreign companies are leaving, COVID is taking lives by the millions every year and birth rate is down to zero. Xi is looking like a bankrupted neighborhood store owner who buys and sells recycled iron, aluminum and brass.
For the meantime, the Philippines is just getting started with their economy being jettisoned to the sky. With a very young workforce, foreign investments lined up around the block multiple times, infrastructure rising up like wild grass, with the best educational system in SEA, while the military is being aggressively modernized. Let’s not even mention the one million tons of gold bullion it owns which will soon become world currency. The Philippines will become the new New York, London and Switzerland of the world; the new Saudi Arabia when they extract the oil and gas from the Spratly Islands.
It’s over for China. They were better off befriending the Philippines instead of being adversarial.
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