From where did the money come that funded China’s dramatic makeover from a Third World backwater to an economic and military superpower? Trillions of dollars used to finance its spectacular ascendancy was willingly handed over by its greatest enabler: the United States of America.
National Debt China
The basis of today’s rapidly evolving governmental and technical society is adaptability. We have little, the Chinese have less. Their monarchical government only allows for the adaptation of ideas which can be easily remolded into old forms.
The fact that the government handed out hundreds of millions of dollars to CCP companies shows just why you shouldn’t trust the government: it can’t do anything right. The PPP loans were meant to support small, American businesses. That didn’t happen; small businesses have been closing at a rapid clip.
A deep sense of malaise seems to have settled over America. Our politicians, from Biden at the top to lowly state-level bureaucrats like Georgia’s Secretary of State Raffensberger, are corrupt and sneer at us plebes for pointing to their corruption as evidence that they’re not our betters and that China owns America and its politicians. The media lies to us.