Eyck Freymann
π€ SpeakerAppearances Over Time
Podcast Appearances
I think the first question with economic deterrence is, if we go to the brink, do we have a contingency plan for the crisis?
And we do not just barrel into the crisis without thinking that markets are going to go crazy, prices will go up.
How do we deal with this?
So you need a plan for that.
But then you also need a plan.
How do you use a Taiwan crisis as an opportunity to reset the world economy on terms that are more favorable to the rest of the world and less favorable to China?
And India, Brazil, these countries may not take our position exactly on Taiwan, but none of them want to be hollowed out the way the American Rust Belt was by just a tsunami of Chinese experts.
And that's the world that China wants, a world where China makes everything.
And they're the factory and you're the farm.
They want to turn us into Argentina.
That's the goal.
And no one wants that.
And so how do you build a coalition of not just your allies, but the whole rest of the world and say, if, God forbid, deterrence fails over Taiwan, whatever happens over the fate of Taiwan, we have an idea for how we're going to reset.
We use this to reset the global trading system in a way where China can't pull this stuff anymore.
And then you're taking the juice out of their economic machine.
100 million people in China are employed making stuff for export.
You take those jobs away.
That is what implodes their regime.
But you can't do that overnight.
It's a 10-year, 15-year project.