Money = debt. As a society builds its wealth, it builds debt. Japan went through this. They built tremendous levels of debt. Private debt is 200% and their go

Money = debt. As a society builds its wealth, it builds debt. Japan went through this. They built tremendous levels of debt. Private debt is 200% and their government debt is 250%. Just before their debt problem got out of control their deficit spending made the world think Japan was going to take over the world. https://tvtropes.org/pmwiki/pmwiki.php/Main/JapanTakesOverTheWorld https://tvtropes.org/pmwiki/pmwiki.php/Main/JapanTakesOverTh... The thing is... Japan in the late 80s didnt seem like they had a debt problem because they always do this in a 'debt to gdp' but if your spending also increases gdp. It hides the problem until its a disaster. Now it's china... https://www.reuters.com/article/us-china-economy-debt-idUSKCN1UD0KD https://www.reuters.com/article/us-china-economy-debt-idUSKC... China knows they have this problem. https://www.cnbc.com/2021/03/26/new-signs-show-that-china-is-cracking-down-on-debt-again.html https://www.cnbc.com/2021/03/26/new-signs-show-that-china-is... That's the problem. China is taking over the world etc but its from 2 factors. 1. They've built their debt to unsustainable levels like Japan. 2. Special economic zones migrating their country to capitalism. Why is China so intent on taking control of Taiwan and Hong Kong for example? They need them to pay their debt problem. Also notice, more and more products are made in Vietnam and other countries. China also has a bit of a slave labour problem. https://en.wikipedia.org/wiki/Xinjiang_internment_camps#Forced_labor https://en.wikipedia.org/wiki/Xinjiang_internment_camps#Forc... It's not so much a genocide but rather slave labour, the chinese debt problem is so bad that they are only maintaining the status quo because of their slave labour. When does it change? When does it break? May never change. The USSR fell and got rid of their gulags. china may never fall.