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Sputnik — ‘Keeps Me Up at Night’: US Navy Secretary Warns China Is ‘Weaponizing Capital’

Summary:
Leaders of the two US military branches have warned that China is “weaponizing capital” - buying strategically valuable land from other countries to give themselves a military edge to “win without fighting.”During a House of Representatives Appropriations Defense Subcommittee hearing on Thursday, US Secretary of the Navy Richard V. Spencer told lawmakers that the issue of Chinese land purchases "keeps me up at night." "When it comes to China, the bottom line there is the checkbook," he said. "Not only in the dollars and cents that they are writing to support their military expansion and their technological work, but what they're doing around the globe… weaponizing capital." Welcome to capitalism! What did you think imperialism/colonialism and neo-imperialism/neocolonialism  are about

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Leaders of the two US military branches have warned that China is “weaponizing capital” - buying strategically valuable land from other countries to give themselves a military edge to “win without fighting.”

During a House of Representatives Appropriations Defense Subcommittee hearing on Thursday, US Secretary of the Navy Richard V. Spencer told lawmakers that the issue of Chinese land purchases "keeps me up at night."
"When it comes to China, the bottom line there is the checkbook," he said. "Not only in the dollars and cents that they are writing to support their military expansion and their technological work, but what they're doing around the globe… weaponizing capital."
Welcome to capitalism! What did you think imperialism/colonialism and neo-imperialism/neocolonialism  are about anyway? Where did you think China got the idea?  Duh.

Sputnik International
‘Keeps Me Up at Night’: US Navy Secretary Warns China Is ‘Weaponizing Capital’
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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