Chinese Factories Layoffs
Remember all those nurses on TikTok dancing during COVID? That was when they had the least work to do.
Did you see all the Chinese production workers making TikTok videos promoting luxury goods? That was also when they had the least work to do.
If all those luxury goods are so amazing and affordable, why doesn’t the population of China uplift these factories on its own?
It’s because even at those prices, the average consumer still doesn’t have enough to purchase them.
This is where Soros’s agent, Bessent, is wrong.
The countries that export heavily to the U.S. don’t need a helping hand to bolster their own consumer base. That base can only be strengthened by a government that doesn’t consolidate all the wealth.
How do you remove the consolidation of wealth by a government?
You don’t give them trade surpluses.
If you don’t give them trade surpluses, it creates civil strife.
If civil strife happens, there is a chance to redistribute wealth.
If you redistribute wealth, you have international consumers that can afford your consumer goods.
If you have people that can afford your consumer goods, you can finally shift the focus out of arms buildup.
People say the West is corrupt - it is, but at much higher stakes like millions and billions.
The East is corrupt - for $1.
As an individual, you want to get as high as possible - without running into the bureaucracy.
To get as high as possible in the East and West without running into the bureaucracy is a real skill. It’s like an athlete that is good at both offense and defense.
That is real success and a peace of mind.