ConfusedPossum@kbin.socialtoWorld News@lemmy.world•US ‘disappointed’ Hungary taking so long to approve Sweden joining Nato
183·
8 months agoAll of our international organizations are useless because of too much veto power and no mechanism to throw countries out. I would love a coalition of reasonable countries that you can only be part of it you have a functioning democracy and respect the rule of law
They are on borrowed time. Chinese economic growth is investment based and now they’ve built enough condos to house their entire (huge) population twice. This will ruin the value of houses, which is where ordinary Chinese have their savings. Coupled with their poorly thought out demographic policy this will cause an insane crisis as the life savings of elderly Chinese evaporate while they don’t have the working population to recover from this. There’s this guy Peter Zeihan on YouTube who explains it better than I can. He expects China to be done within a decade.
I’m just wondering if they will attempt to invade Taiwan before that happens. They might not even be able to but with Xi completely out of touch with reality they might anyways