Stephen Roach Warns of Disaster From Our 'Sinophobic' China Policy | Odd Lots

[@kalipotmeng]

Roach is a good guy, representing the US corporate and financial interests, rather than a political hawk. But he doesn't perfectly understand China. If he did, he would appreciate china's ability of saying No to the western ideas is a sign of strength and not of weakness. If china has done all by what the west wanted, it would not have had its today.

[@Unvaccinatedpureblood]

I’m no longer sure if consumption-heavy economy is healthy. Stimulating consumption can lead rampant consumerism. All developed countries have been damaged by consumerism.

[@PhilipWong55]

Which country is prospering? Which country is collapsing? The country that incurs an additional debt of 10 billion dollars and a trade deficit of 3 billion dollars daily vs The country that has a trade surplus of 3 billion dollars daily.

[@GordonJones-hm3kr]

China has a higher debt/GBP ratio than the US. And if, as widely accepted China's GDP reported figures have been artificially elevated. That would make China's Debt/GDP is massively higher.

[@ssuwandi3240]

China is no longer at Surplus but projecting about 3% deficit due to property bubbles bust

[@ipsylon7297]

BS