Kissinger in China

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Interesting thread and a good question, just why would a 100 year old man take a 14 hour trip to China?


Keawe Wong 凯王
@KeaweWong
100-year-old Henny Kissinger went to China for what reason?

It's not about US debt, not about the trade war, not even about Taiwan.

In this thread, we find out what Kissinger and Xi discussed behind closed doors, something that will affect us all.
The biggest threat to the world is not China, but $31.4 trillion US debt.
US bonds price will crash inevitably and nuke many countries' economies.
Hundreds of millions of jobs and trillions of dollars in pensions will disappear.

Why wouldn't Kissinger ask China to help?
When Xi Jinping started his 1st term, he was advised that the Chinese economy couldn't withstand the US bonds crash.
China's deleveraging campaign was launched in 2013.
It sent the two largest real estate developers to bankruptcy in 2021.
Did Xi make a deadly mistake?

During my first visit in 2018, everyone in China was in a state of euphoria.
Businesses borrowed like crazy to expand. Housing prices were sky-high.
Jack Ma was further expanding his empire by giving young Chinese free loans.
It was a disaster waiting to happen.
By popping its own financial and real estate bubbles, in a controlled manner, the Chinese government defused an economic time bomb.
But Western experts say Xi is driving China into the brink of collapse, right?


Here's a gorgeous 100 square meters condo with 3 bedrooms and 2 bathrooms for 1.6 million RMB (222,500 usd).




But I digress. Back to Kissinger.
If a 100-year-old man is going to go on a plane for 14 hours, he'll need a medical team along with him.
Kissinger jeopardized his health to travel to China for what reason?
It's got to be something about his own legacy.

If a 100-year-old man is going to go on a plane for 14 hours, he'll need a medical team along with him.
Kissinger jeopardized his health to travel to China for what reason?
It's got to be something about his own legacy.


China has spent the past decade insulating itself from the inevitable US bonds crash.
It won't be as enthusiastic about saving the US as in 2008.
The US economy is near its end. The only exit is war.
Kissinger travelled to Beijing to discuss the possibility of war.


Kissinger's trip to Beijing has only one purpose – to discuss how to minimize damage when (not if) a war breaks out between China and the US.
I hate being so doom and gloom. But here is a Chinese phrase – 危机
'Whenever danger lurks, opportunity awaits'.


Re: Kissinger in China

266
Ogee wrote: Sun Jul 23, 2023 6:29 pm Interesting thread and a good question, just why would a 100 year old man take a 14 hour trip to China?
White House regrets Kissinger had better access in Beijing than current US officials

Kirby said that administration officials "look forward to hearing from Secretary Kissinger when he returns, to hear what he heard, what he learned, what he saw."

Tensions between the world's two largest economies have heightened over a range of issues, including the war in Ukraine, Taiwan and trade curbs.

Washington has tried to reestablish communication channels on these and other issues through recent high-profile diplomatic visits.



https://www.reuters.com/world/white-hou ... 023-07-20/


Meanwhile, a typical example of current US diplomacy, as soon as you return from visiting a country threaten it.



[Antony Blinken, America's self-proclaimed "top diplomat" (as per Western media)
But let's be real, his expertise lies in anti-diplomacy.
No handshakes, just threats.
It works SO well with tiny nations, but not so much with the big players.

Recessions News

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24 Jul 2023 #recession #manufacturing #services
#recession #manufacturing #services #globaleconomy #deflation #inflation
With Germany and Europe already struggling to escape from the earlier recession, most recent July data on forward-looking sentiment shows the situation worsening substantially over the months still ahead. In the US, PMI numbers indicate the same if not yet to the same degree and intensity. Becoming more globally synchronized and deflationary.
(18 min)



Re: News

270
RplusT wrote: Tue Jul 25, 2023 5:59 pm Yeah, inflation and recession is pretty obvious........ :D
Why? Can't you see!
worth watching the video, he links current German and EU recession data and compares with the US and sees the US heading the same way after being temp saved by a rebound as the US worked through backlog orders. Looking at Real GDP data, inverted yield curve data and yesterday's PMI data.

Weakness late 2022, rebound early 2023 (US but not EU) and then deflationary recession coming up (both EU and US).
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