To start off this last week of October, the markets experienced a catastrophic session. After attempting to gain back some control after a blisteringly awful month, the benchmark Dow Jones index dropped nearly 1%. Fears that the China standoff would escalate sank investor confidence.
But in a sudden reversal, the equities market jumped back higher on Tuesday, with the Dow Jones up 1.8%. Does that mean the fundamentals have improved? Not likely. The China standoff is still very much in play, with no resolution immediately in sight. Furthermore, the mainstream media admits that this is more or less a dead-cat bounce.
According to a CNBC report, “it is not uncommon for the stock market to end bad months with a rally akin to that seen in Tuesday’s session.” This phenomenon can occur despite terrible news affecting the broader indices.
That said, this idea is largely based on investors gaining confidence as the days go on. If, though, a confidence-inspiring event doesn’t materialize, we could fall back into the spiral.
For now, the China standoff is the number one focus. Here are two ways this crisis could play out:
The U.S. Wins the China Standoff
This is the most likely scenario. While both mainstream and alternative-media sources cite the growing Chinese economic menace, the reality is that they don’t have the resources to go toe-to-toe with the U.S.
The two countries’ leaders are scheduled to meet for talks next month. Obviously, the biggest concern here is President Trump. He is not known for his diplomatic approach, and that’s just referring to his relationship with American allies. A non-Russian adversary is a whole new ballgame.
Even so, Trump realizes that he has the upper hand in this negotiation. He absolutely cannot let Chinese companies threaten our intellectual property or our national security. China has not played by the rules, it’s as simple as that. They’re making noise only because they got caught and they’re being called out for it.
More importantly, the Chinese economy needs us more than we need them. Their country thrives on exports: we take that away, and their “miraculous growth” could quickly unravel.
China will find some face-saving way to mend the fences, but they’ll do the mending on Trump’s terms.
Is the China Standoff Pointing towards the End of Western Civilization?
This is an extremely controversial idea, so if you want to tune out, do so.
I can’t help but notice that the world has become increasingly ethnocentric. Despite calls from the progressive left to embrace multiculturalism, the last few days of terror indicates that we’re more racist; perhaps, this is the most racist, vitriolic and violent time in our history.
I say this because racism has now extended beyond the black-white paradigm. We now have Filipinos taking on white-conservative identities. The Pittsburgh shooting demonstrates that some white extremists don’t view other whites as extreme enough.
The world is ripping at the seams.
In the midst of it all, we have the very real possibility that the Supreme Court will banish affirmative action. While right-wingers welcome this change, it also signifies the end of white civilization. Asian students vastly outperform white students, meaning that higher education will be almost-exclusively dominated by Asians.
Moreover, you have China who can send hundreds of millions of college students flooding into our universities. In a way, their government may use the China standoff as a distraction while silently uprooting whites from power.
Like I said, it’s a crazy, controversial scenario, but one that has a basis in reality.