The Pandemic has financially crippled China and the World Marketplace. Demands for many items previously manufactured are way down. Multiple manufacturers cannot bring their production fields to capacity, therefore mass layoffs and trickle-down recessional consequences spread throughout China and its economic allies.
Furthermore, debt resolutions may be on the horizon as the indebted Western Business Sector will have to repay its massive debt to the Chinese Banking system, which in turn will bring about similar scenarios with other lending nations like Saudi Arabia/Middle East Lenders. The most common emotion in these nation’s boardrooms may be fear of default by overburdened cashless economies.
What will China do to maintain its prestige and economic growth? There is one historically traditional method used by many of the world’s leading colonial and superpowers, one that is based upon destruction, not to build but to destroy. Simply War. War efforts generate employment, a gathering of society under one banner, one cause. War’s mythological power saves the wealth of the wealthy, and the careers of those who have mismanaged their nations’ economies, and generates massive profits for those who build armaments. The only question we can ask is where China will initiate this conflict. Remember the Russo-Ukrainian Conflict is still moving along sluggishly. China has its eye upon the prize, Taiwan, The Philippines, and perhaps part of Siberia. China can turn the tables for Russian efforts financially, militarily, and politically, and perhaps all they would want is a bit of Siberian Territory.
With the global inflating of all costs, and all products available to us, the public’s demand for many items has decreased drastically. China is in a difficult situation where many dictatorships find themselves. Always placating their party membership, and maintaining public employment just enough that a taste for Western privilege will control the Chinese public dissatisfaction with their political-social stagnation. A working person making reasonable wages is a happy worker indeed. Take that away, and China will have chaos, unrest, and possible socio-political change.
For those of you not friends of Communist China, fight back by not purchasing Chinese products. Simply bring the Chinese Economy to a standstill, and ultimately halt the spread of totalitarianism in our world.
Steven Kaszab
Bradford, Ontario
[email protected]
