by Cynthia Chung at Through a Glass Darkly Substack
Doomsday prophesising of how China’s days are numbered and that it is in the midst of an economic collapse could not be any further from reality.
The reasons for the spread of this sort of gossip is to keep up the belief (and thus investment) in the idea that the United States is secure in its alpha dog global status and that the world is better off siding with said alpha in its escalating and reckless, not to mention unnecessary, economic and geopolitical war against Russia and China. It is to intimidate any country foolish enough to throw too many of its eggs into the Russia-China basket with the thought that they will be left hanging in the wind once China collapses from the international stranglehold on its economy, which is touted as inevitable.
It is to convince the American people, that the further sacrifices they are about to make in their livelihood and standard of living will be worth it, perhaps to even go so far as to proclaim that this will be the necessary “new normal” all for the cause of world security, of course.
The reality of the situation which should be plain for everyone to see at this point, is that the United States’ sanctions and banning of various types of trade with Russia and China, meant to cripple their economies, is doing more damage to the world markets than anything else, including that of Europe and the United States.
T-Room here – Ms Chung was interviewed by Sputnik International in late August as well. Click HERE to listen to the full interview.Continue Reading