Imprimis: Why we should stop funding China
This is an in-depth article from someone on President Reagan's taskforce which crippled the Soviet Union. It speaks to how we can significantly weaken China - the biggest bad actor on the public stage - simply by identifying investment opportunities and refusing to fund them.
This is important, posted over 18 hours ago, but still no comments!
To provoke- I could expect some views from the Objectivist/free market purists, that includes me sometimes.
Commentary could accept (or not) the description of how the government of China is behaving but argue that restrictions on trade and investment are wrong, or will not do what is needed, or will work but there are worse repercussions.
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Compare Iran, tried? working?
The problem with catering to nations who don't adhere to free market principles based on the notion that "if we engage them they'll change" is debunked in this article. The author demonstrates what happens when we stick to our values and why it is so necessary in international relations.
This was a terrific eye opener. And one may be sure that the Lefties will do nothing about it...ever! Trump has the cojones to act, but only if he is informed about the details and possibilities. One hopes that may happen.
Wall Street follows the money. If millions of individual investors say "NO" to their capital being invested in such countries, Wall Street will comply.
I was very disgusted with what President Nixon did in 1971, getting chummy with them in the first place.
Between capitalists, financing is not a bad thing as long as a debt can advantageously be paid off by the borrower.
In the case of Red China, the elites are profiting off the toil of political prisoners and enslaved peasant workers, the larger latter group not knowing squat about freedom due to incessant indoctrination.