Russia is on solid footing and no where to go but up, and China has an outsized credit problem like the USA. Too many claims on too few productive assets. China is going to grow its way out of this, with its Silk Road development project.
The new project will have a currency based in gold, which will foster peace and prosperity.
No, USA cannot match this, but it can grow its way out. Deregulate something. Anything. Banking. Medicine. Education. National defense. Housing. Transportation. If we can turn USA creativity loose, we can compete.
Feel free to forward this by email to three of your friends.
Russian news outlet RT has disclosed that Vladimir Putin and Xi Jinping have signed a decree on cooperation in tying the development of the EEU with the Silk Road economic project. “The integration of the Eurasian Economic Union and Silk Road projects means reaching a new level of partnership and actually implies a common economic space on the continent,” Putin said. Furthermore, columnist for Russian news outlet Sputnik, Pepe Escobar, stated, “What we have here, above all, is the China-led New Silk Road directly connecting with the Russia-led EEU. China and the EEU are bound to set up a free trade zone”. The EEU could potentially grow into a very significant power bloc.What will USA do to grow its way out? Develop free trade with Mexico?
The new project will have a currency based in gold, which will foster peace and prosperity.
No, USA cannot match this, but it can grow its way out. Deregulate something. Anything. Banking. Medicine. Education. National defense. Housing. Transportation. If we can turn USA creativity loose, we can compete.
Feel free to forward this by email to three of your friends.
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