China’s Military Summit: A Nightmare That Shook Me to My Core!

Xi Jinping is Such a Joke

China. What is it with self-loathing Americans that are just fascinated with the idea that China and Russia are somehow a threat to the "declining United States?"

This needs to be studied.

In 1978, China was the world's poorest country. How did this disastrous communist culture get to become the 2^nd-largest economy and military in less than half-a-century?

Who gave it everything it needed to perform this miracle?

Which country allowed its corporations to move their operation to the fishing villages of coastal China? What would have happened, had the United States of America been governed by capable people in the past 40 years and with a combination of tariffs and ownership stakes in the offshored factories, laid-off employees would have at least been made partial-owners in the newly-found fortune of the labor arbitrage?

Most Americans complain about the end of the American Dream, but it didn't end; it was GIVEN AWAY to other countries: How did Chinese fishermen and rice farmers learn EVERYTHING they know, if not by America's naivete?

Let's say you're still not convinced. You are still of the opinion that I am "delusional", that I "drank the Kool-Aid" or that my optimism means I am "detached" or "Out of Touch," allow me to give out a forecast and you can then judge who's right: The "End of America" crowd or the "RE-BIRTH of America's Golden Era" crowd, which I am proud to be a part of.

China's SCO Summit last week included a display of military might and weapon manufacturing capabilities.

Intercontinental ballistic missiles, laser weapons, autonomous robots and hypersonic systems, all made in China, from concept to finished product.

China is a big threat, but I want to really draw a line in the sand between the CCP's trajectory and America's.

Imagine you're on the basketball court and you are so much better than your opponent that you begin tilting the odds in his favor to make things interesting (this is NOT what Nixon and Kissinger thought, when they strengthened China, nor what succeeding presidents and think tanks rationalized, but stay with me here…).

For conversation's sake, let's say the game is until the first player reaches 10 points and to add suspense, you give your inferior opponent a 4-point head start.

It's a friendly match, so what do you care?

Let's also say you teach the other opponent of some of your weaknesses, so he can play on them and use them a bit.

You also don't play your best on defense, so he feels better about himself.

This is a friendly match… until this underdog makes it competitive, starts trash-talking and believes he can win and actually humiliate you.

At that point, you're no longer interested in helping him out, nor seeing him victorious. Then, on top of all this drama, you learn he's a cheater and plays by different rules and exploits your tolerance of him.

China is not a good basketball player. It never took the time to learn the fundamentals of the game and without friendly conditions, we don't even know if it can even throw a basketball.

On the other end, the cockiness of the other player, who for the past 30 years has been mostly keeping himself busy with trying trick shots and impossible moves, should go back to what made him great in the first place; showing up to the gym early and leaving late.

This is what Trump represents, but the crowd isn't persuaded yet.

It's okay… not everybody can see reality for what it is, which is the reason the late Charlie Munger said that the reason he was able to get rich is because most are not savvy.

By reading this, you're proving you are VERY KNOWLEDGE-THIRSTY, and you'll arrive at the same conclusion, at some point, if you haven't already, because it's true.

Best Regards,
PortfolioWealthGlobal.com