So here’s the deal:
American house prices fall. American consumers find their assets reduced so stop borrowing. They stop borrowing they stop spending. They stop spending and the Chinese find themselves with no buyers. No buyers for the Chinese means an economic recession in China. Economic recession in china undermines the Communist Party whose legitimacy is only sustained because they deliver economic growth. A threatened Communist Party looks for a way to win over its people again. China goes for the same option every government does when times are hard – it stirs patriotism by picking a fight with someone. If China picks a fight it will be with Taiwan. China sets foot on the island and Taiwan activates its alliance with America. America has pledged to defend Taiwan regardless.America fights China.
The world ends.
Which sucks, I was hoping to make old age.










