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China Mulls Unprecedented Legislation To Counter Western Sanctions — Tyler Durden

Summary:
Preparing for decoupling, a stepping up of the arms race, and an even closer relationship of China and Russia economically and militarily, with the likelihood of technology-sharing increasing. They both know that if one goes down, the other will soon follow.This is now becoming pretty overtly a zero-sum fight to the finish as the dragon and bear react to the eagle and bull-dog as bridges are burned and positions hardened.This does not bode well for the global economy excepting weapons and related military goods manufacture.Zero HedgeSenate Passes Sweeping Bipartisan Legislation To Counter And Compete With ChinaChina Mulls Unprecedented Legislation To Counter Western SanctionsTyler Durden

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Preparing for decoupling, a stepping up of the arms race, and an even closer relationship of China and Russia economically and militarily, with the likelihood of technology-sharing increasing. They both know that if one goes down, the other will soon follow.

This is now becoming pretty overtly a zero-sum fight to the finish as the dragon and bear react to the eagle and bull-dog as bridges are burned and positions hardened.

This does not bode well for the global economy excepting weapons and related military goods manufacture.

Zero Hedge
Senate Passes Sweeping Bipartisan Legislation To Counter And Compete With China

China Mulls Unprecedented Legislation To Counter Western Sanctions
Tyler Durden

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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