Tag: China vs US

Via RT

The PLA has strong capabilities but the Americans have experience, an official has said

If a conflict between Washington and Beijing broke out today, the more experienced American force would prevail but with significant casualties, a US military intelligence official has told reporters.

The unnamed official gave a background briefing on Monday about threats facing the US military. He downplayed the Chinese H-20 stealth bomber, currently in development, as “probably nowhere near as good” as the American B-2 or the upcoming B-21 – while praising the Chinese J-20 fighter as “highly capable.”

Continue reading “US would beat China in a war – U.S. intel official”

Guest Post by Martin Armstrong

The Asia-Pacific Economic Cooperation (APEC) summit concluded with China and the US agreeing to partner on trade military strategy. The love-hate relationship between America and its largest trading partner has been strained for may years and completely counterproductive. China’s President Xi Jinping made it clear to Biden that the US is either for or against them.

“If we regard each other as the biggest rival, the most significant geopolitical challenge and an ever-pressing threat, it will inevitably lead to wrong policies, wrong actions and wrong results,” Xi explained. “China is willing to be a partner and friend of the United States.”

Continue reading “China Extends Olive Branch to US”

Via International Man

International Man: In a recent interview, we discussed the battle for monetary supremacy between fiat, bitcoin, and gold—but in the geopolitical sense, the country with the “best” money ultimately imposes its dominance on others.

Today, the US dollar is still the global reserve currency, but the US fiscal and monetary policy now resembles the destructive money printing of every other country.

What does this mean for the US and its financial chokehold on the rest of the world?

Nick Giambruno: First, I think it’s important to clarify something.

You often hear the media, politicians, and financial analysts toss around the word trillion without appreciating what it really means.

A trillion is an enormous, almost incomprehensible number.

Continue reading “The US, China, and the Geopolitical Battle for Monetary Dominance”