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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 386.01+1.6%Nov 12 4:00 PM EST
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alanrs
Hoa Hao
To: TobagoJack who wrote (190583)8/4/2022 7:52:42 AM
From: carranza22 Recommendations  Read Replies (1) of 217734
 
Pelosi’s trip was mostly risk, with little reward.

It elbowed her husband’s DUI trial out of the media’s eye, but that of course was not main motive for the trip.

She single-handedly took a lot of pressure off Xi for China’s internal issues at a critical time for him.

He should be thanking that vainglorious hack of a politician elected by a tiny number of lotus-eating San Francisco crackpots.

Biden could’ve stopped the trip in its tracks, if he had any spine, by controlling the airplane she travelled in. A military plane does what the Commander-in-Chief orders it to do. His protests about being unable to do anything about her trip fall on my deaf ears, and surely on Xi’s deaf ears, too.

But the important point, in my view, is that China has more or less two years before the US materially corrects its dependence on TSMC chips. A time frame that coincides with US presidential elections. And within two years, the US will have caught up on hypersonic missile technology, creating a new Mutually Assured Destruction paradigm which I frankly welcome because hypersonic missiles might well make nuclear ones less relevant.

So, Xi has two years. I’m sure he knows it.
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