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Also Kyle Bass: ‘The path forward certainly feels like an inevitability of war.’
Bass is fairly reliable and does not have stars in his eyes vis-a-vis China, which is a very good thing.
I would hope USA has other ways to get rare earth minerals.
This move by China has been brewing for a long time and it has been a well-known option all along.
As for BRICS becoming stronger if USA responds vigorously, Bass has this to say:
‘The BRICS are akin to 5 garbage trucks backing into each other. Reserve managers won’t go there and China will collapse in the meantime.’
For decades I have watched Westerners being overly intimidated and/or impressed by China. This is a natural form of what might be called ‘culture shock’.
Everyone who studies Chinese starts out this way, super-enamored. It takes years of study to see their weaknesses and faults; their real humanity.
The best thing China has going for them is ethnic/ racial cohesion.
Sun Yat-sen taught this over one hundred years ago and it has become gospel in all Chinese communities everywhere.
It is a foundational part of Chinese education everywhere.
In the West, we have mistakenly gone the other way and are fast destroying ourselves with endless self-criticism and resignation.
The ‘culture shock’ aspect of this is societies affected by it typically feel despondent, even hopeless because the confronting culture is new and seems indominable.
Japan and China both reacted this way when first confronted by the West.
Japan figured things out more quickly than any other society in the world and succeeded in modernizing without losing their Japanese identity.
China today is still reeling from its self-perceived ‘Century of Humiliation’.
The West today is akin to Japan in, maybe, 1885 in our understanding of the ‘culture shocks’ we are experiencing.
Another big factor in the West is we are infested with powerful and hostile parasitic subcultures, literally high-end gangs, who are actively seeking to destroy us as they feed on us. ABN