5min chapter

Hold These Truths with Dan Crenshaw cover image

End of the World: How the Global Order is Collapsing | Peter Zeihan

Hold These Truths with Dan Crenshaw

CHAPTER

The Chinese Collapse, and How Does That Affect Us?

If china collapsed right now, it would wo'd feel some pain, but no thin ot lai overnight. Chinese history is replete with examples of how it can all go to hell in a very short period of time. The whole idea of the asian financial model is that capital, cash, whatever it happens to be, is a good of the state. It exists to serve political purposes, not economic ones. If you don't follow your plan, or i you don't pay back your loan, you lose your collateral an. This is what we consider normal. In china, you have to show your employment plan. And if you can guarantee a large number of people we

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