DANGER! "CHINA Has FALLEN...." - Jim Rickards
The mandate of heaven is a two edged sword "if you lose it you're done"
"What's China's next move? They don't have a move."
Here is the problem with being rich, other people also want to be rich. So do you have a barrier to entry or can anyone do what you do? Israel, Taiwan, Germany, the US, these countries are famous for doing things no one else can do. But china? Nope, everyone else can imitate their model.
Jim Rickards has been working in and with China for 30 years, about the same number of years as I have been involved with Taiwan.