SCO: The most strategic and visionary group started by China.
Shanghai Cooperation Organisation.
- 60% of the area of Eurasia
- 40% of the world population
- 30%+ of global GDP
Russia, China, India, Central Asia, and now Iran, the new member. Soon the Middle East?
In a typical Asian style, SCO is very inclusive and welcoming. Plenty of other countries are invited as guests, dialogue partners, observers etc.
From ASEAN to Saudi Arabia and Turkey.
SCO originally started in 2001 as a way to counter terrorism, which was a huge problem in the 1990s, thanks to US shenanigans in Afghanistan, Chechnya, Bosnia, Kosovo etc.
Kazakhstan, Uzbekistan and others in Central Asia were afraid that their moderate Islam was being hijacked.
Russia was worried about Chechnya, which was a hotbed of terrorism at that time. (We all know who was behind it).
China knew that Xinjiang could turn into a dumpster fire.
Fast forward 22 years, SCO members have done a great job in their primary objective.
Next is trade.
12 years after SCO, China’s new leader Xi Jinping flew to Uzbekistan and announced the #BeltandRoad Initiative.
The modern Silk Road, reviving a 2000-year-old history.
It was all about connectivity, infrastructure and trade.
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The U.S. will default on its debt by 2030. That’s why the U.S. must defeat Russia and China soon. After that, the U.S. can reengineer the global financial system again with Bretton Woods III.
Three reasons why real estate in China won’t just “collapse”. Plus, one bonus geopolitical reason. 🧵
Yes, many Americans get super-duper excited about the demise of Chinese economy, but sorry to break it to ya.
#1: Most Chinese fully own their homes — i.e., they don’t have any mortgage.
Thus, such people are not going to sell their homes even if the prices go down even dramatically. It’s just theoretical loss and doesn’t affect their lives.
So, no real estate dumping by such owners
#2: As prices go down, housing will attract new buyers.
There are many young people who can’t afford homes right now. For them, houses will become more affordable if prices go down, say, 20%.
This is also why India’s Rupee keeps losing its value. Down 25% since Modi took office.
His “Make in India” plan never took off.
These numbers are for goods. India does have surplus in services, but they are much smaller. This year, trade surplus in services will be about $120 billion.
Thus, a net trade deficit of $180 billion for this fiscal year.
After four years of intense efforts, American propaganda regarding Uyghurs have failed miserably. Muslim countries, the prime target audience, have rejected all the sensational claims.
But when and why did this campaign start? 🧵
It all started with Trump.
In 2017, Trump started his “trade deal” with China. He just wanted to get rid of trade deficit.
However, globalists had other plans: Force China into Plaza Accord 2.0
In Jan 2017, Robert Lighthizer was named the lead for China negotiations
Lighthizer was the guy who bullied Japan into submission in 1980s.
Japan was forced to:
1. Strengthen Yen ridiculously, crippling Japanese exports
2. Move Toyota’s manufacturing to US
3. Hand over semiconductor technology to Intel and other US firms.