China warns military action if Pelosi goes to Taiwan - Spike on Kennedy - 8/1/22 - pt 1
We don't need Pelosi or some future Pelosi to be our Franz Ferdinand. The Chinese military has been performing live fire exercises in anticipation of Pelosi coming to Taiwan. Is it wise for her to make this visit? Americans love their cheap crap, but it's not just the cheap crap - the goods we're getting from China are increasingly up the food chain. Over the last several decades, there has been an intentional policy using regulatory burdens to drive up the cost of living so smaller companies go out of business while the big businesses knowing they can just take their manufacturing to China. They then use the US military to protect their goods and make sure it makes its way back to the US. Yes, we need to have more open trade with other countries, but we also need to make more things here. Because we spent 20 years fighting the Taliban only to leave a better armed and equipped Taliban. We are not going to beat the PRC. We have intentionally choked off our own economy so that cronies can make money over there. We need to make America more capital friendly again.
Source: https://www.foxbusiness.com/shows/kennedy
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