China and the United States have been on a collision course for 70 years â one thatâs been steadily accelerating over the past two decades. China and the United States have been on a collision course for 70 years â one thatâs been steadily accelerating over the past two decades. Â Â
[Wealth Daily] Â
Â
Â
Â
 Jason Simpkins / Aug 02, 2022 Does Pelosi Want to Start World War III? Itâs been decades in the making. Everyone knows it. China and the United States have been on a collision course for 70 years â one thatâs been steadily accelerating over the past two decades. Two powers â one established (if not descending) and one aspiring â circling and testing each other until ultimately the subtext becomes text and the cold war suddenly turns hot. Even if that tension is just simmering, itâs ever present. And in the past few weeks, itâs really come to boil because Nancy Pelosi was very publicly toying with a potential visit to Taiwan. Yesterday, it was confirmed that she will the country's parliament tomorrow morning. Now, I canât even begin to tell you how irresponsible and asinine this is. What does Nancy Pelosi think sheâs going to achieve there? Nothing, obviously. This is just another empty gesture from the queen of empty gestures. Perhaps the most abhorrent icon of Americaâs gerontocracy, Pelosi never does anything that isnât profoundly self-serving and garishly self-aggrandizing. [Pelosi PR] There is no point to this visit. Its motivation is painfully transparent. Itâs simply an effort to distract from her partyâs inability to govern. Itâs a sideshow stealing bandwidth from high inflation, a flagging economy, unaffordable homes, deepening climate crises, and other serious issues that are far more pressing. The only thing that could possibly come of it is a photograph she can hang on her wall and point to in lieu of actual accomplishments. That, and of course, the most deadly and disruptive military conflict since World War II. And thatâs where weâre headed. Endless Energy Perfected at Last What youâre looking at is NOT oil, ethanol, or some crazy biofuel. But in the near future, every skyscraper, factory, truck, plane, train, bus, and boat could be powered by it. Itâs so cheap and efficient it could wipe out every other conventional fuel source we use today... And hand early investors a shot at world-altering gains. [See the breakthrough for yourself here.]( Because China is furious about this. And itâs not just mock outrage. Itâs real. China takes this kind of thing very seriously. Remember, Beijing was infuriated when President Trump took a congratulatory phone call from Taiwanâs president, Tsai Ing-wen, after his 2016 election win. And that was just a phone call â a phone call that upended decades of diplomatic protocol but a phone call nonetheless. Now a high-ranking government official wants to visit? Thatâs really pushing it, especially since Joe Biden ratcheted tensions higher just a few months ago when he said the United States would use force to defend Taiwan if necessary. That, too, upended U.S. diplomatic precedent. And earlier this month, a group of six U.S. senators traveled to Taipei, further inflaming tensions. Also in July, the State Department approved the sale of $108 million in military assistance to Taiwan. Itâs not hard to see why China would view these acts as provocative. And theyâre certainly something President Xi Jinping would like to dissuade. The response has reflected that. Speaking in Beijing, Chinese Foreign Ministry Spokesman Zhao Lijian said any visit by Pelosi would "seriously undermine China's sovereignty and territorial integrity." He continued: If the U.S. side obstinately clings to this course, China will definitely take resolute and forceful measures to firmly defend its national sovereignty and territorial integrity. The United States must be fully responsible for all the consequences caused by this. [QUIZ] 46 BILLION Barrels of Oil?! A massive $5.9 trillion oil boom is about to take place. Three tiny companies just acquired the rights to mine an untapped patch holding 46 billion barrels of oil in a mystery location... And it even has the potential to reach $9 trillion in value if prices reach $200 per barrel! So which country do you think will lead this upcoming oil surge? - Venezuela
- Saudi Arabia
- Canada
- Russia Think you know the answer? [See if youâre right!]( Now, in the past, it was easier to dismiss this kind of rhetoric as saber rattling. But thatâs just not the case anymore. China is simply too powerful â economically, politically, and militarily â to not take seriously. During a recent tour of the Indo-Pacific region, Chairman of the Joint Chiefs of Staff Gen. Mark Milley told Australian public broadcaster ABC7 that Chinaâs increasing military strength was âvery, very concerning." He went on to say: Itâs clear the Chinese are developing the capabilities in all the domains in space and cyber but also the traditional domains of land, sea and air to conduct a cross-channel attack, an invasion, if you will, to seize the island of Taiwan if they made the political decision to do so. Beijing has also made its displeasure known through shows of force and hostile acts. Milley says the Chinese military has "become significantly more and noticeably more aggressive." And Secretary of Defense Lloyd Austin noted that there had been an "alarming increase" in unsafe intercepts of U.S. and partner force aircraft. That assertion was corroborated by Canada and Australia, which say Chinese jets have been performing "dangerous" intercepts against aircraft carrying out routine missions. They even released a âbundle of chaffâ containing small pieces of aluminum that went into one of the aircraftâs engine. Now there are fears that China will declare a no-fly zone over Taiwan to prevent the trip entirely. And the most hawkish members of the Chinese commentariat are encouraging the military to shoot down Pelosiâs plane, should it arrive. âIf the U.S. canât restrain her, let China restrain her & punish her,â Hu Xijin, the retired editor of the state-backed newspaper Global Times tweeted. â[The Chinese] Air Force will surely make her visit a disgrace to herself and to the U.S.â Again, you can attribute all this to bluster â a high-stakes game of chicken. But as we go on and these conflicts get more and more heated, itâs going to eventually become clear that theyâre not bluffing. China is going to attempt to fulfill its own version of Manifest Destiny and recapture the island that Xi Jinping and others believe is rightfully theirs. In fact, last month on the Angel Research Podcast, I was asked specifically about Chinaâs policy toward Taiwan â how likely it was that it would invade, when such an invasion might take place, and what the immediate aftermath might look like. You can watch that interview and [see my responses in their entirety here](. But the bottom line is that China is likely to make its move on Taiwan swiftly (just as it did on Hong Kong) and sooner rather than later. Provocations like these will only draw that inevitability closer to fruition. This isnât a new threat â itâs just one thatâs come closer than ever to becoming a reality. And thatâs one of the many reasons I recently launched a stock trading service that specializes in tracking the defense industry through government disclosures, patent filings, and insider contacts. It's called [Secret Stock Files](, and I send out monthly video recommendations discussing all of these technologies and more. Our first company makes augmented reality displays for fighter pilots. [You can find out more about that here.]( Make sure to check it out if you haven't already. Fight on, [Jason Simpkins Signature] Jason Simpkins Joe Biden Is Clueless President Biden was recently asked how much Americans should worry about the coming recession, and he said⦠Sleepy Joe is clearly in denial here. The stock market has lost over $7 trillion this year alone! And if you have any money in savings, youâre at serious risk for [whatâs coming next.]( But luckily, thereâs a new profit-churning machine thatâs providing investors with win after win. It has outperformed the Dow Jones by 212%, S&P 500 by 332%, and the Nasdaq by 543%! And for a limited time, Iâm revealing this system to the public. Thatâs right, you could start profiting from it as early as today... [So donât miss out on your last chance to protect yourself from Americaâs next big crisis.]( [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}.
You can manage your subscription and get our privacy policy [here](. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202
© Wealth Daily. Â
Â