Hari Sud
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‘The Wall Street profiteers will thoroughly oppose any CAATSA type of sanctions on China. It will ruin China. In turn that cheap but third class Chinese stuff will disappear from US and Europe markets. Both these continents will suffer huge inflation and dislocation. It will be five years before alternative supply source for consumer goods and supply chain items is rebuilt elsewhere. Those five years will be a turmoil in US and Europe. In addition it will cost a trillion dollars in FDI over five years to build an alternative source of merchandise and parts elsewhere. The Wall Street, always mindful of immediate profit will not permit that.Almost obviously these will lead to sanctions and then what will happen to an export driven economy? (remember, for them US isn't the sole export destination)
Edit : Suppose US brings a bill like CAATSA citing any direct or indirect dealing with China will bring the parties under the ambit of US sanctions.
P.S. : this year Chinese economy will grow @3.3% and next year @1.6% (approx). now add the effects of sanctions on that.