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About 33 minutes into the last Ricochet Podcast, Bret Stephens added his voice to the chorus suggesting we shouldn’t overly fret about China because their economic numbers are rigged and their production levels are nowhere close to our own, however quickly they are improving. Alright, let’s suppose that China’s economy is truly lackluster. Does that make it less of a diplomatic and military threat?
The Soviet Union was doomed from the start for the simple reason that communism doesn’t work. The USSR survived by claiming territories and sucking the life out of its members, which it could only do for so long. It’s economy never had a chance in the long run.More