Doom: The Politics of Catastrophe by Niall Ferguson review
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Peter Zeihan: China Has No Chance
The Chinese are stockpiling resources – food, fuel, and materials – to help it endure a protracted conflict with the US. Is this something to be concerned about?
If China wants 120 days of stockpile, good for them, but it’s not going to help. China is completely import dependent; they rely on imports for energy, food, and raw materials and their economy is tied to the global supply chain. As soon as war breaks out, all that is going away.
Even if China has a 120-day stockpile, it’s not going to be very secure. Oil will be vulnerable to attacks. Food will be subjected to poor storage infrastructure and will likely spoil. So, that 120-day stockpile isn’t looking so strong anymore.
And if you start to factor in naval blockades, no access to US markets, and the power projection of the US, this stockpile quickly turns into the same smoke and mirrors that the Chinese are so great at.
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