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Good watch. He gives some history and context on NATO that some might not know.
See also Chinese real estate is likely the largest asset class in the world.... Price falls could be very impactful on the global economy
In short he explains with out it who would the US have to sell armements to.
See also It’s not just Evergrande. China’s entire real estate sector has been debt-fueled for many years. There’s no soft-landing with a bubble this big.