Yet, the US will still like some mentally challenged patients continue to yell for more sanctions!
I wonder why they never look at the other side of the coin wrt sanctions. Their own side that loses out on trade.. as if they've got an infinite supply of competitive alternatives (they don't). The sanctions are as much on themselves (if not more) than the parties they target.
Why does China buy gold? Because when the US & USD & UST all collapse in the near future (possibly during a hot war against it),
It would offset that loss of value in their reserves, by the raising of value of their gold holdings globally (unofficially the highest in the world).
I notice this with Black-Americans is they lump people as Chinese. I’m not talking all just Asians. A while ago there was an incident that got national attention where a black couple was pulled over by police in a car. The woman apparently suspicious of the police pulled out her smartphone and live- steamed the event. The officer ended up shooting the man and killing him live on the internet. The angry woman went on TV describing the officer as Chinese. When the news finally showed a picture of the officer, he wasn’t Chinese. He wasn’t or didn’t even look Asian. He was Hispanic.
Most (non Asian) people cannot tell the difference between east Asian nations. Even I cannot tell for certainty sometimes, i.e. the difference between some Chinese vs Viet or Viet vs Filipino, and especially Filipino or Polynesian vs a Mestizo Mexican. Lot of Latinos, especially the Mexican, look Asiatic. Native indigenous Mexicans, and Peruvians look like pretty Asian to me. And non Asians generally lump anyone Asiatic-looking into Chinese.
Liberal democracy is chaotic and inefficient fairy tale bullshit system. Their citizens don't want to work in factories, nor can they build infrastructure like China, they don't study STEM, and they don't control their big capital, as China does, so then they complain and whine while losing in the real economy.
They do study STEM and still possess a lot of technical institutions. They just don't make much progress anymore in the field. The real cause for it imo is the lack of will to advance, the perception that "we are at the top, we are already the best" has plagued their civilization for many decades and now showing it's effect. Lot of older generation folk I've spoken to in US and Canada admit to this, saying that people are no longer driven to aim high and advance like they were in the 1960s. It's now a culture of stagnation and decline, not one of advancing. Decadence is the appropriate word.
India's Democratic system is actually its biggest concern. 'Democracy' only works well in a relatively small population but when the population is in the hundreds of millions and everyone has a voice at the same time, it becomes its Achilles heel. Voting in this way can get the most incompetent, corrupted, fanatical, weirdo and manipulating politicians into office.
What India needs is to find a way to sieve out the scum, layer by layer from the bottom up so that only the most competent politicians progress. But with Indian caste system inherent in their society, nothing short of a revolution is required.
Democracy doesn't work in poor and weak countries at all. It has an inherent flaw in that it leaves a wide open gate to foreign-induced corruption. In democracies, opposition parties focus more on defeating each other than on serving their state. All the poor and weak countries that chose democracy 50+ years ago are still poor and weak. It works a little better in states that were already well developed, where the corrupt can profit from corruption at the macroeconomic level without it trickling down much to the common man.
Correct me if I'm wrong, but lot of Asian and European countries became developed in some form of authoritarianism before adopting democracy.