QUESTION: Marty; I bear in mind when the Chinese language central financial institution stated they had been utilizing capital movement evaluation which is your mannequin. You stated China should purchase US debt instantly from the Treasury and never the NY bankers. They did that in a matter of weeks. So after they say they’re on the suitable facet of historical past, are they speaking about your mannequin forecasting they may change the US because the monetary capital of the world?

NH

ANSWER: It’s a must to perceive that Asians consider in cycles. They’re a part of their faith. Richard E. Nesbett wrote an fascinating guide entitled “The Geography of Thought, How Asians and Westerners Think Differently … and why.” He attributed his work to a Chinese language scholar who stated, “You already know, the distinction between you and me is that I believe the world is a Circle, and also you assume it’s a line.” He goes on to cite him:

“The Chinese language consider in fixed change, however with issues at all times shifting again to some prior state. They take note of big selection of occasions; they seek for relationships between issues; and so they assume you’ll be able to’t perceive the half with out understanding the entire. Westerners stay in a less complicated, extra deterministic world; they give attention to salient objects or folks as an alternative of the bigger image; and so they assume they will management occasions as a result of they know the foundations that govern the conduct of objects.”

In my 40 years of coping with governments, I NEVER needed to clarify cyclical principle in Asia – solely to American & European who do assume at all times on a linear foundation. They apply this to evaluation like local weather change. The temperature has risen say 5 levels on years and so they challenge that out and say we’ll all die in 7 years. NEVER does the West ever forecast cyclically – it’s at all times linearly.

China perceive cycles – we don’t. They perceive the rise and fall of empires, nations, and metropolis states. They perceive that Communism failed for it tried to defeat human nature. They see the longer term cyclically and that’s what they’re saying that they are going to be on the suitable facet of historical past. They know the West is crumbing from inside. The time that the US arms that title to China is upon the doorstep. The West has executed nothing however attempt to drive their concepts upon everybody abandoning freedom and so they have launched the cancelation tradition. Now we have misplaced all of the values that made America nice. It’s time for Europe and American to die the identical manner all empires die, by their very own hand of suicide.

China being on the “proper facet of historical past” means they know america is declining and they’ll step into the void. They’ll “really feel” it with or with out my fashions.

 

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