International Biden (and G7) planning 2 new global initiatives

[So Fresh]

Cliffs:

• US (and G7) planning 2 initiatives:
  • Partnership for global infrastructure and investment (PGII)
  • Indo - Pacific economic framework for prosperity (IPEF)
• PGII is gonna invest in infrastructure worldwide
  • China still stronger in building and infrastructure
• IPEF trade deal (with mostly asian countries to contain Chinese commerce)
  • Will represent 60% of global population and 40% of global GDP
• This to combat China’s Belt and Road initiative
• US still a super power based on multiple metrics
• Geo - politics isn’t stable

This sounds promising but I’ll need to dive a little deeper into this.
Thoughts?

(this guy has a great yt channel btw)

 

[jimjamjammer]

Very interesting. China will likely be the curator of its own downfall though.

Their one child policy has royalie screwed them long term for population growth. They also have a huge debt crisis that could crash them.
This could be the catalyst to bring them down a few notches though.

 

[So Fresh]

Very interesting. China will likely be the curator of its own downfall though.

Their one child policy has royalie screwed them long term for population growth. They also have a huge debt crisis that could crash them.
This could be the catalyst to bring them down a few notches though.

Yeah I agree, China isn’t that strong as many people make it out to be.

Problem is though if something happens in China, it will trickle down to the rest of the world.

 

[Rob Battisti]

Yeah I agree, China isn’t that strong as many people make it out to be.

Problem is though if something happens in China, it will trickle down to the rest of the world.

They’re playing a longer game and investing into Africa and ME. In 20 years those developing economies will be under their thumb giving them a substantial lead globally.

 

[Seano]

Why do I feel like this "economic prosperity" will benefit everyone but the US?

 

[Rob Battisti]

Why do I feel like this "economic prosperity" will benefit everyone but the US?

Because you’re smart?

 

[So Fresh]

Why do I feel like this "economic prosperity" will benefit everyone but the US?

Why wouldn’t it benefit the US?

 

[So Fresh]

They’re playing a longer game and investing into Africa and ME. In 20 years those developing economies will be under their thumb giving them a substantial lead globally.

But this plan is created to battle the (longer game). Did you watch the video? Or even read the cliffs?

 

[JudoThrowFiasco]

So modified TPP? How does Biden sell it to the progressive wing?

 

[Rob Battisti]

But this plan is created to battle the (longer game). Did you watch the video? Or even read the cliffs?

Yes.

1. will be too little too late
2. Will not be able to truly counteract China IMO

The ONLY thing I can hope for to stop China IS China.

They have been shady AF with their African deals. If enough of them go sour, maybe Africa will give them the finger.

 

[Seano]

Why wouldn’t it benefit the US?

Why didn't NAFTA?

 

[Yehudim]

They’re playing a longer game and investing into Africa and ME. In 20 years those developing economies will be under their thumb giving them a substantial lead globally.

There’s no TL;DW version of this study but it’s required watching for those who want to be informed on the BRI.

 

[mjfan23]

Not surprising Bidens already allowing indo pacific countries of his choice to import sanctioned Russian oil and weapons “in order to contain China”.
New bill might as well allow human rights violations and chemical weapons testing to counter China somehow

 

[Blayt7hh]

Not surprising Bidens already allowing indo pacific countries of his choice to import sanctioned Russian oil and weapons “in order to contain China”.
New bill might as well allow human rights violations and chemical weapons testing to counter China somehow

That leap in logic doesn’t even make sense. I feel like Biden could cure fucking cancer himself and right wingers would just bitch about how old people are going to live for too long now.

 

[mjfan23]

That leap in logic doesn’t even make sense. I feel like Biden could cure fucking cancer himself and right wingers would just bitch about how old people are going to live for too long now.

So his admin is not allowing nations of choice to import Russian weapons and oils against sanctions?

 

[Fugazy]

I love a good acronym as much as anyone.

 

[Fluffernutter]

Why do I feel like this "economic prosperity" will benefit everyone but the US?

Plenty of people from Bethesda to Alexandria will make bank.

 

[nostradumbass]

Of course it's "global". When you have the highest income, and you try to average out with poor countries, that means your citizens are taking a hit.

Very interesting. China will likely be the curator of its own downfall though.

Their one child policy has royalie screwed them long term for population growth. They also have a huge debt crisis that could crash them.
This could be the catalyst to bring them down a few notches though.

Not really.

China's most most recent population growth(2020) was 0.3%, the US was 0.4%, and that's with China starting with a waaay higher number and the US importing a lot of theirs from the 3rd world with little education.

 

[Prutfis]

China's real-estate market seems poised for a gigantic crash. That's around 25%+ of china's gdp. The next 12 months should be very interesting for the Chinese economy.

 

[Dalarna3]

So this is the same as the TPP but with more US dollars behind it?