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I was talking financially for investment, not in terms of warfare but China won't have many worries about food or energy insecurity now because US sanctions ha
by ren_engineer 4y ago
I was talking financially for investment, not in terms of warfare
but China won't have many worries about food or energy insecurity now because US sanctions have forced Russia into their arms. China will have all the food and oil they need via Russia and they'll get it cheap
>That's not how national debt works, like, at all.
rapidly increasing debt with no economic growth is a good thing?
- jazzyjackson 4y ago> China will have all the food and oil they need via Russia and they'll get it cheap my latest conspiracy is that china conned russia into getting embroiled in a war via bad intelligence in order to: A : evaluate western response and capabilities B : bottom out the cost of russian food and fuel for their own benefit
- ren_engineer 4y agowouldn't surprise me, having Russia as a vassal state solves almost all of China's potential problems. China is pretty much immune to most forms of sanctions or embargo that the West could do to try and punish them. Only issue I can see for them is the transition of power from Xi to whoever is next, otherwise they are in great shape
- wing-_-nuts 4y agoIt still doesn't solve their demographic issues though. Both Russia and China are basically at their peak from a demographic and economic standpoint. It only gets worse for them from here unless they can resolve their fertility rates.
- ren_engineer 4y agoChina is rapidly automating their manufacturing and it's not crazy to think many more mundane tasks will be automated away over the coming decades with the rapid advancements in AI. Throwing more bodies at a problem rather than focusing on being more productive through technology is stone age thinking that for some reason the West is obsessed with