Arthur Hayes

They get by.

Can you have a socially cohesive society when that happens?

Obviously in China, because you have a much more ethically homogenous situation, a culturally homogenous situation, and scar tissue from, you know, the 60s, 70s, during the Mao era, and then previous with the warring states and, you know, such a humiliation, right?

Chinese people love the civility that Xi Jinping provides society.

So all this talk about he's super unpopular is kind of off the mark if you...

Because you haven't read Chinese history to understand that people like the stability and the control that is right now in China.

And so, again, but I also think the people think, oh, they want to go to war.

Well, what parent wants your only child to be going to the military?

This is what a Chinese woman, who was a very good analyst, said.

She does not have the juice with the average parent who's going to want their son, their only son, only child,

I'm going to ship them off to the PLA to go to war against who, for what reason?

When, you know, from all ways to look at things, there's abundance of food, there's abundance of energy, and there's abundance of services provided to the people.

What do you need to go to war for?

So I think this whole sort of Western...

Fear over this Chinese army going into Taiwan or going into other countries is sort of misplaced because they don't understand Chinese history and the demographic situation.

And they haven't been there to see these gleaming cities of sort of what AI and robotics can do and sort of mobile apps and ubiquitous data sharing between the government and big tech.

That is what China is.

I think that the West is going to move more towards that situation than they might want to admit to themselves at this point.

But that's sort of how I see the Chinese situation right now.

Xi Jinping said houses are for living and not for speculation.