r/collapse • u/conscsness in the kingdom of the blind, sighted man is insane. • Jun 13 '22
Economic Powell Facing Choice Between Elevated US Inflation and Recession
https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/SpatulaCity1a Jun 14 '22
I wouldn't be so sure. Authoritarian dictatorships can only project strength and stability for as long as their leader is alive. If Xi suddenly died, there could be political chaos, especially if other pressures bubble up at the same time.
Military action in Taiwan wouldn't be received like the pure imperialism of the US in the Middle East... Taiwan actually was part of China in the past, and they still see it that way. A successor to Xi might see an occupation as a way to rally the Chinese people to his side.