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While it is true the economic sanctions didn't work in NK and Iran, similar conditions worked in former-USSR and they can and will work in China for a simple re
by yumraj 8y ago
While it is true the economic sanctions didn't work in NK and Iran, similar conditions worked in former-USSR and they can and will work in China for a simple reason: Folks in NK never experienced economic propsperity and were brainwashed from day one, people in China are experiencing economic bounty and as such are at the moment willing to overlook their government.
The day this economic progress slows down, the masses will turn and hopefully revolt against the system. The only fear is that China is militarily very strong and I believe that Western nations are probably afraid that this may lead to WW-III, but in the absence of that, in the case of China economic sanctions can indeed lead to internal revolt and collapse of the CCP like that happened in former-USSR.
- ummonk 8y agoChina is not military very strong. It has consistently prioritized economic development at the expense of military investment for the past few decades.
- rohit2412 8y agoI keep on seeing this opinion that if China doesn't grow at 8%+ rate, there'll be a revolution. Where does this idea come from? China went through not just minimal growth, but policies that killed tens of millions in the 1950-70s. I think the CCP is going to be very stable, and the current technological surveillance infrastructure has only strengthened it.
- vfulco2 8y agoBased on my macro models, I believe growth has been zero for last 12 months.