He claims China is structurally dependent on an external monetary order and therefore vulnerable if that external order destabilizes.
Topic brief
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Systemic Risk
He argues that when a system appears unstable, actors may recouple to the same structure, which in this case means renewed U.S.-China alignment to preserve perceived reality.
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Key Notes
He argues that when a system appears unstable, actors may recouple to the same structure, which in this case means renewed U.S.-China alignment to preserve perceived reality.
Timestamped Evidence
"And then from this of course you have the legal system to enforce the system as well as customs and habits values and norms...."
"the GCC as well as China in other words and this is really important for you guys to understand China is a hallucination of..."
"entire value is based on the US dollar so you're that renminbi or US dollar of course you want the US dollar okay and..."
"okay and now what China has recognized is okay first of all we can actually leave this hallucination because if this hallucination were to..."
"illusion shatters and now the UAE you understand that's how precarious these hallucinations are one hit at the right spot the entire illusion is..."
Relevant Lectures And Readings
Jiang treats the Xi–Trump visit as a strategic theater.
Related Topics
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