Bannon`s War Room WarRoom Battleground EP 784: Remembering D-Day 81 Years Ago
Jun 6, 2025
Rich Stern, an analyst at the Heritage Foundation, explores the evolving economic relationship between China and the U.S. alongside Bradley Thayer, a noted China expert. They dissect China's economic struggles under Xi Jinping compared to Deng Xiaoping's reforms and the implications for global stability. Military historian Patrick K. O'Donnell shares poignant reflections on D-Day, honoring the sacrifices made during World War II. The discussion weaves together themes of remembrance, financial challenges, and the critical lessons learned from history.
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China's Economic Decline Under Xi
- China's economic growth has halved under Xi Jinping's leadership with many firms on life support.
- Massive subsidies may mask a house of debt and a declining manufacturing base moving overseas.
China's Tech Push Limits Profit
- China is pivoting toward high-tech sectors but government interference reduces profitability.
- Innovation exists but is weighed down by state subsidies that keep inefficient industries alive.
China's Industrial Subsidies as Military Spending
- Chinese industrial subsidies are essentially covert military spending.
- China strategically props up industries to supply war capabilities, unlike wasteful Western governments.
