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S8 Ep1205: Colonel Grant Newsham challenges the assumption of inevitable Chinese dominance, labeling it a "fake it till you make it" strateg
Colonel Grant Newsham challenges the assumption of inevitable Chinese dominance, labeling it a "fake it till you make it" strategy intended to intimidate foreigners. He points out that China's property market is a "crater" and its currency is not freely convertible, forcing the CCP to aggressively export overcapacity to earn the dollars needed for raw materials. Newsham highlights that over 600 million Chinese citizens live on less than $5 a day, and even the CCP elite, including Xi Jinping, keep wealth overseas as a hedge against the system's future. He argues that China's high-tech focus on…
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