Dec 1, 2022
Summary:
With all the recent social unrest and demonstrations are taking
place in China, it is important to gather perspectives from those
that have insight on the entire situation. Asia & Emerging Markets
Strategist Carl Delfeld comes on the show to discuss why everything
unfolding in this way, emphasizing that China’s primary goal is to
preserve the Communist party and reunite Taiwan with their mother
country. The overarching concern for America right now is
preserving our dynamic stability, and Carl outlines some things to
watch out for in the near future.
Highlights:
-Carl Delfeld has a long history in this part of the world
-Growth has been slowing and there is discontent among the private
sector in China
-Their healthcare infrastructure is nowhere close to what it needs
to be for how densely populated it is
-They have to put the rebellion down before they change the
policy
-Everything happening right now is the perfect storm for the
communist party
-Their ultimate goal is the preservation of the Communist party
-It’s highly probable that they will tighten rather than loosen
-It could be smart for them to open capital to the private sector;
this could be the spark that gets the economy to the 5-6% growth
rate that they need
-Reuniting Taiwan with the mother country is a large priority for
China. Carl predicts this will happen around 2024 or 2025
-China's leverage over Russia is now almost total, and Russia is
going to rely on China to get through this period. Carl believes
that China’s real goal is to dominate Eurasia
-We need to take the right steps and preserve America’s dynamic
stability
Useful Links:
Financial Survival Network
Power Rivals: America and China's
Superpower Struggle