7 Comments
Aug 21Liked by Jordan Schneider, Lily Ottinger

Great post and thorough deep-dive into Walz's past relations with China. Those that are arguing that Walz will be a Chinese asset haven't done their homework.

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Aug 21Liked by Lily Ottinger

Excellent post on Walz. Thanks for clarifying!

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Walz won't be an asset for the US either. Theres is nothing different in his actions towards China than other politicians. The US will continue in its path to antagonize China which will lead to increase its resolve to become stronger. That resolve will translate into more patriotic citizens that will most likely buy more Chinese products at home. This will bankrupt most western companies present in China.

It will have dire consequences. For those who understand accountings: western companies will lose 30-50% of their profits. For retail comoanies tgey will close shop. For manufacturers:

1- they will lose the economy of scale and the ability to have R&D. 2-They will have to increase their prices to cover their fixed costs. 3-They will automatically become non competitive and whatever technological advantage they have, will lose in a few short years due to Chinese catching up or surpassing them.

Consequences on the stock prices will be catastrophic. Falling stock prices will obliterate pension funds and personal savings.

This is an extinction level event.

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Aug 21·edited Aug 21

Walz has a good background for understanding and interfacing with both Taiwan and the mainland, but he hopefully will restrain himself from advocating Taiwan independence, which would be a very aggressive and unproductive position for the US to take and one in violation of our earlier informal agreements. Walz certainly would lose the respect of most of his old friends in Foshan if he sides with Rubio and other US neocons creating friction between Taiwan and mainland China. My first trip to China was in 1985 and included an overnight ferry trip from Foshan to Hong Kong and then my wife's old family village in the Taishan region. Going back again in October.

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Excellent article, thank you. Walz has that rare curiosity about him as a politician. That Rubio would call him a communist because Walz chooses to believe in government pensions instead of owning stocks says all you need to know about the Republicans' grasp of political systems. Harris chose well.

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Also culturally and socially more civilized than the US and -- all things considered -- no less democratic

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Right on target again. Both political parties seem to be run by neocons and the military-industrial complex salivating over the prospect of war with Russia and then China. I don't think this is Trump's instinctive preference, but he should figure out a way to make that clearer in his actions and speeches -- and make sure he's got some new advisors who are brilliant statesmen and thinkers along the lines of Putin and Xiping. Serve The People!

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