Catastrophic Inflation: “I’ve Never Seen Prices Jump This High, This Fast”

This is an article that I have been wanting to write for a while, because China is going to be such a central player in the global drama that is going to play out over the next few years.  Since Joe Biden entered the White House, the deterioration of Chinese relations with the United States has accelerated.  Meanwhile, Chinese relations with Russia have tightened, and that should deeply alarm all of us.  Because now that war has started, many are deeply concerned that the U.S. could eventually find itself in a direct conflict with a Russian-Chinese alliance.

Jake Sullivan and other foreign policy officials in the Biden administration desperately want China to denounce the Russian invasion of Ukraine and to participate in economic sanctions against Russia.

But neither of those things is going to happen, and this is making Biden’s foreign security minions very angry.

Of course the Chinese have their own agenda.  They are watching how western powers are responding to Russia very closely, because the Chinese believe that it will give them clues about how the western powers will behave when they pull the trigger on an invasion of Taiwan.