Well I think in what you just wrote today you made it all clear. There’s really no practical effect of what she did, so why should China have actually done something military and then something provocative. What Pelosi did is a public relations ploy, she wanted to get more votes in California, and one third of California are Chinese and she thought that that would help. So why should China react materially to something that is just a stunt, and I think you’re quite right, best to wait and see what the outcome of this is. We have no idea … midnight there, so we don’t know what is happening or will be happening. We don’t know what the Chinese will do, especially seeing that the downward direction of US relations with the rest of the world is, it’s bungling everything clumsily so you don’t want to interrupt it while it’s doing that. Let’s see where it goes.
And the rest of the world is seeing just what you’re seeing, the US is pulling a stunt that is a very dangerous stunt and it’s trying to use salami tactics, a little bit here a little bit there just keep pushing and cutting and see what’s going to happen. I think there’ll be indeed some time that China responds when it’s appropriate and the time will be of China’s choosing not that of the United States.
Other countries are seeing how reckless the United States is and that’s building up a resentment not only in China but in other countries, we’re all being endangered by this. We don’t know what the US is going to do. At least in the 1970’s, when President Nixon had the strategy “let them think I’m crazy and they’ll never know what I’m going to do”, that was a
— source michael-hudson.com | Michael Hudson | Aug 8, 2022