George Soros says the US and China are in a cold war that 'threatens to turn into a hot one'

[spanone]

Liberal billionaire George Soros on Thursday warned that the U.S. and China, the world’s two largest economies, are locked in a “cold war that could soon turn into a hot one.”

His comments come at a time when investors are increasingly concerned about a serious economic downturn, with a long-running U.S.-China trade war souring business and consumer sentiment.

Soros, a major Democratic donor and critic of President Donald Trump, was speaking at a private dinner at the World Economic Forum in Davos, Switzerland.

“Regrettably, President Trump seems to be following a different course: make concessions to China and declare victory while renewing his attacks on U.S. allies. This is liable to undermine the U.S. policy objective of curbing China’s abuses and excesses,” he said.

https://www.cnbc.com/2019/01/24/george-soros-us-and-china-are-in-cold-war-that-threatens-to-turn-into-a-hot-one.html

[msongs]

1. china leads the way on alternative energy, high speed rail, lots of other thing that

the US should be championing to revitalize and rebuild our own infrastructure. Of course the china govt can just imprison anyone who gets in its way which gives it a bit of an advantage

[AlexSFCA]

2. operation: world self-destruct

[spanone]

3. trump doesn't appear to delve to deep into the consequences of his bluster.

[maxsolomon]

4. Oh, please

China isn't about the kill the golden goose.

[Vinca]

5. Well, that sure cheers me up.

[spanone]

6. we have a 'president' that considers none of the consequences...pulls foreign policy out of his ass

Sobering.