So why...There's some people who still think that China is gonna declare war on the United StatesSo there's gonna be some big fracas between the US and China. I think it's laughablebecause the two biggest economies on Planet Earth are now so interwovenwith stuff they buy from each other and debt that they own from each other.China is the largest single holder of US debtand that's a big debt. So too for China to bomb the United Statesthey might as well bomb their own banks because the debt that they hold would become worthless.It's kind of a big deal that financial power does exert out into kind of raw political power.So China on the world stage isto me not a myth. It's not up for debate. Yes. They're here.They're behaving and doing things that the biggest richest world powers have doneover the centuries and do here even in today's worldfrom holding debtthat they can use then for political purposes in order to influence others to not recognize Taiwanor to have a better trade policy of the United Statesto having a space program where it where they're putting Chinese people out into orbit.And I want to go ahead and throw this in too because I'm a huge huge passionate guy about space stuff.I still think it's the future.And that is that China has designs to put a Chinese person on the moon.This has been in the cards for a couple decades.They've been talking about it. China says it will launch a manned flight into spaceand a mission to the Moon by
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2020, I believe they're ahead of that target.So it could be within the next four or five years you see the next humans land on the moonand those humans will be Chinese humans.This puts China then in a class oftwo countries that I've ever pulled that off and that would be them and the United States.You starting to get the sensation of what I'm talking about here with national pride in China being abig boy country, but I don't want to exaggerate the space program too much.They've been making leaps and bounds in that direction and it's fascinating to watch.I actually think it's going to initiate a space race,a good old fashioned space race which the United States and the Soviet Unionhad back during the Cold WarAnd then once the United States got to the Moon everybody was like, "Yay, we won!" and then nobodypaid attention anymore. I think the Chinesemotivation and drive to get to the Moon and possibly to Mars is what is going to create thatcompetition again that the United States and other entities will get involved in.So Space Race Two could be on the way.But let's get back to Earth. Let me get it back to Earth to finish up this section of China.It's back on the world stage as a major world power. What you've had in the last couple decades...Well, it's called a decade and a halfsince the super hot economic growth of the '90sraised China's profile economically on planet Earth and continued to 2000sis that the former president and premier of China,and that was a Hu Jintao was the former president and Wen Jiabao was the former premier,these were two guys who were in power from 2002 to 2012 and the way that presidents and premiers are
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