The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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maceng2

To: maceng2 who wrote (62316)	1/24/2019 1:27:08 PM
From: Elroy Jetson	1 Recommendation Read Replies (1) of 71442

"My understanding about China is that it is never been quite so expansionist or aggressive in terms of commerce then European countries." Your understanding is flatly wrong. . Historically China, like European nations, had had problems enough just trying to keep control of China, something the Soviet Union was unable to achieve so it disintegrated into smaller states. But modern China is quite the colonial imperialist. They invaded and enslave Tibet, Manchuria is a colony, and they control North Korea, Laos and Cambodia. Vietnam escaped China's control in spite of China's best efforts. The "Belt and Road" scheme is a subtle style of colonialism enslavement. China's actions in Africa are strictly colonial imperialism. But China realized the modern way looks better to run the existing governments of these nations as puppet states rather than do something overt like installing Chinese governors. China has arranged to own huge swaths of farmland in Africa worked by Chinese citizens and where Africans are not permitted. China has set up low wage factories where they can produce goods at far lower cost than in China. China "lent" these African nations the money to build railways and fibre-optic and cell phone communications and these systems run bringing in Chinese merchandise and taking out the food and merchandise created in Chinese factories - all to pay back China for their "loans". China has even gone to the bizarre lengths of using cement to convert ocean reefs into new islands in the Spratley chain which they're using to expand their territory at the expense of nations like the Philippines and other Asian nations. Europe and the US are contesting this lawless action by continuing to send war ships through this newly claimed Chinese territory. China may not succeed in this massive territorial expansion, but the actions are classic imperialism, like Imperial Japan, even though the method used is novel.

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