Doug Casey: Why China Is Winning Against America

By Doug Casey’s Take / December 20, 2009 / marketsanity.com / Article Link

In our 50th episode, Doug shares his thoughts on China's penetration of US elites (links to news reports below). Has China already outflanked the US?

- what is it about Chinese culture that helps them be the rising power?- what is it about American culture that makes us the declining power?- what are the common traits of rising powers?- common traits of declining powers?

Three recent examples of Chinese penetration of elite US circles - 1. The revelations from the hunter Biden hard drive and senate report on links to China - https://news.yahoo.com/senate-report-...

2. The speech by Di Dongsheng, a professor of international relations at Renmin University where He said: "...we have people at the top. At the top of America's core inner circle of power and influence, we have our old friends."

3. The Axios report about a Chinese spy infiltrating California politicians - https://www.axios.com/china-spy-calif...

Doug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provider of subscription financial analysis about specific market verticals including natural resources/metals/mining, energy, commodities, and technology. Since 1979 he has written or co-written the monthly metals-and-mining-focused investment newsletter The International Speculator. He has authored four books, including Crisis Investing, the top-selling investing book of all time, Totally Incorrect, and Right on the Money. His latest novel is Assassin.

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