THey just really want to save uyghurs from genocide.
American Economics Thread
- Thread starter Bernard
- Start date
I’ve stated this many times before: China no longer has the means to save the US economy today. It is not the China of 2008 and is itself heavily in debt. The best Blinken could hope for is that neither side does anything that would exacerbate the situation.
The whole world economy is pretty much a sinking ship. Who knows how it will end.
The US expects China to sacrifice its own economy for anglo hegemony; they'll whine and promise the world for anything, as they did the last time.
Previously in '08, President Hu did Obama a favour by bailing out the US GFC, and how did the anglo americas repay him? With China containment policies and a 'pivot to asia'.
fuck em.
If it is any consolation China is no longer physically capable of this feat. Now that it has recovered from COVID they are actually cutting back on stimulus and cracking down on lending.
The MO of the Anglo elites are that they don't care about what is or isn't in non anglo interest; they'll still make these demands and threaten and cajole as they did with that think tank proposing a ring of missiles around China.
I fear the outcome of these talks will be a resumption of the new cold war.
Im confused. All I found out about upcoming Bond auctions, is that the next one is due in May.
Does this imply the US failed to get enough buyers for its Treasury bills? Does this mean Biden failed to convince the Chinese to loan them more money, especially after what happened in '11?