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Imagine you are China where you leveraged your economy(>350%) on the idea that you're going to be on top of the new world order. but the reserve currency never
by incomingpain 3y ago
Imagine you are China where you leveraged your economy(>350%) on the idea that you're going to be on top of the new world order. but the reserve currency never moves.
Worse yet, you find out that your existence is false. You exist so long as the USA lets you exist. You only have power because of cheap labour, but that isn't true anymore. Chinese labour is more expensive then French labour. Time to move to
Worse yet, Obama and Trump played the same playbook and they decided you are no longer needed. You see the UN calling you Nazis, committing genocide over the uiguyrs. They falsely saw themselves as surrounded, about to be invaded, but the truth of the matter is that the West withdrew. The complete opposite.
Now the PLA is holding a bag of expensive equipment and they don't realize it's not needed, only making the leverage problem worse.
Naturally, real estate is first to collapse.
You also have a pretty bad incel problem in China. They killed their daughters... everytime in history this happened, the country sent their incels to die in war. Cant keep them at home.
So who will it be that China will be going to war with? It's India.