The Brexit upside for China
Ah, Brexit.
Yes, there are some China angles.
If the world economy goes into the dumper — though my definition of “end of the world” is a bit more double-digity than the 3% hiccup the Dow experienced post-Brexit vote on Friday — the West may be less inclined to add to its economic problems by pursuing confrontation with the PRC in the South China Sea. Maybe.
The PRC will also derive some consolation from the outsized horror that neo-liberal globalists have expressed at the excesses of direct democracy as displayed in the referendum: “emotional, bigoted, low-information voters” delivering “catastrophic” outcomes against the earnest but unheeded advice of their intellectual and moral betters.
http://atimes.com/2016/06/the-brexit-upside-for-china/
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There will always be money for the military industrial complex in this country. Not to fear!
