Geopolitics/Geoeconomics Thread - June 2015

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A_Gupta
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Re: Geopolitics/Geoeconomics Thread - June 2015

Post by A_Gupta »

Here is the Chinese imbalance, and how it is pushing that imbalance onto the world.
https://youtu.be/tCGHT00pjto?si=BQ6L5_BPQL3nL0Xg


Basically, China needs to show growth, and the only viable avenue, given the CCP's unwillingness/inability to increase the consumption capacity of its own people, is exports. But the rich economies are cutting off access. So China is dumping on a massive scale to the Third World, reducing the profitability of its firms. In turn, the firms are squeezing the workers, making them work longer hours and with cutting wages. But the Third World has only so much consumption capacity and the Chinese people are reaching their limit of endurance.
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