Episode 1263

In this Summer Solution episode of the Keiser Report, Max and Stacy contrast the situation with China, an emerging superpower, to the United States, a possibly-declining superpower. As the US grew powerful as an empire of debt, extracting resources and equity from economies colonized by their debt rather than their military armies, what happens when China begins doing the same? There are a lots of complaints from US officials who want American lenders to take over debt markets the US has overlooked in the past few decades. They look at the case of Africa where Chinese mobile phone manufacturers and tech entrepreneurs are radically altering the telecom landscape left wide open to them after the departure of Nokia. What happens when the African consumer becomes wealthy enough to transform the Chinese global power play?

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