Bradley Thayer
๐ค SpeakerAppearances Over Time
Podcast Appearances
So communists have never been able to effectively run an economy anywhere.
Just the reverse.
They run it into the ground.
We always want to keep that in mind.
In addition, there are other profound problems that they have in their real estate market.
They have still profound corruption.
They have profound problems in their banking, obviously, in finance.
And then, of course, in exports as well.
So the Chinese are in the PRCs and economic doldrums, and they're not getting out of it anytime soon.
So next week, when Modi, for example, is going to be in China.
for the Shanghai Cooperation Organization meeting, very important summit.
Putin will be there as well.
Xi Jinping is gonna do his utmost to hype the relationship that he has with India and the relationship that he has with Russia and the rest of the world.
But in fact, that's grossly inflated, and particularly with Modi, right, who, again, as we were talking about earlier, has the profound problems, security problems and intense security competition with the People's Republic of China.
The greatest threat to New Delhi is Beijing and Xi Jinping's rule.
And Modi knows that when he pays his first visit in seven years.
to the PRC.
And it's still fresh in Indian minds, the clashes that they had in 20 and 21, the border clashes between the PRC and India.
So the Chinese economies and the doldrums, Xi Jinping does not have an answer to it.
All right.