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China has won the trade war
When did that happen lol. Manufacturing is fleeing en masse to Vietnam, Bangladesh and India. US GDP outperformed China in the last 5 years and has still higher per capita. China lost most of its Bitcoin mining. They're in a recession and financial crisis right now. Their property sector collapsed. China is currently throwing a last ditch effort into EVs like a lifeline.
Low quality manufacturing is shifting to lower wage economies.
Wages in China are rising faster than anywhere in the world...and have been for the last 3 decades.
Study this time lapse graph illustration if you want to understand the incredible and continuing rise and now global dominance of China productive economy.
https://unctad.org/topic/trade-analysis/chart-10-may-2021
The whole argument is that China is rising and USA can save itself with a speculative play on Bitcoin- its a joke that avoids the real problem- the systemic and chronic decline in US/Western productivity and competitiveness versus China.
The West cannot compete with China EV nor can it compete on all the hundreds of thousands of other manufactured goods that China now produces more efficiently than the West can. Tariffs might buy Elons Tesla time but the fundamentals are all in Chinas favour...unless the US resorts to brute force.
solomon is a China maxi, any facts or figures will just be met with how amazing the ccp is and how it's 100% not a dystopia
I have never said how amazing the CCP is nor that its not a dystopia.
Please do not speak for me with complete and utter bullshit you make up to insult my actual stated views.
I simply acknowledge real economic data and results...as does the report asserting a Bitcoin reserve should be established.
China is rising and US is in decline.
You have not provided any facts of figures- just scared denial of reality, dishonest account of my beliefs and a crude attempt at shooting the messenger...because you are scared of the message...and don't know how to deal with it any better than these morons suggesting a Bitcoin Reserve.
Chinas dominance of global trade is clearly shown in the graph I linked before that you did not look at and have not responded to- because you are in denial of the facts.
https://unctad.org/topic/trade-analysis/chart-10-may-2021
China has won the trade war and is attacking US military hegemony via its proxies Ruusia and Iran.
Stockpiling Bitcoin will do little to reverse the chronic decline of western civilisation.