
223 - China at a tipping point
The David McWilliams Podcast
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The Global Cony - Is China a Pariari?
China is in a bad place. What it craves normally, or what the chinese communist party cravesb all else most of the time, is stability. They don't want anything to rock the boat. The other point about the global cony, you now, russia is now a pariari. And whatever globalization amounts to in 20 22, russia and its allies are not part of it any more. So i think it's unquestionably a big shock to the way the world system works. I mean, if you're a commodity producer, it's kind of bonanza time - but for most of us, it's not good news."
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