It's not about just Iran

[Melon]

24. I'm not sure if you are American or itger

As the board has members from all over the world.
I don’t want to walk this back all the way through economics, but China taking an unfair advantage in raw materials kills global manufacture.

Europes chemical industry, which was the historic start of much of it, is in shambles. They have just started applying large duties to Chinese products to try and protect their industries. China is overbuilding massive capacity in global chemicals and basically shipping the at cost globally. Their driving is employment and driving out competition.

The result is the shutting down of domestic production followed by the inevitable large increase in prices once domestic competition is eliminated. Predatory pricing out of China is a tactic not a gesture. They are not our friends.

Germany is a manufacturing economy as an example. Google layoffs chemicals in Germany. BASF, Lanxess, Oxea, Dow…once large industrial producers close it is gone.

China is on the same global land grab for resources. In Africa and Latin America. Their loans are not to help, they are to secure ports and resources once the country inevitably defaults.