"The problem for China is political. China is held together by money, not ideology. When there is an economic downturn and the money stops rolling in, not only will the banking system spasm, but the entire fabric of Chinese society will shudder. Loyalty in China is either bought or coerced. Without available money, only coercion remains. Business slowdowns can generally lead to instability because they lead to business failure and unemployment. In a country where poverty is endemic and unemployment widespread, the added pressure of an economic downturn will result in political instability."
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Businesspeople from the United StatesAnti-communists from the United StatesJews from the United StatesPolitical scientists from the United StatesJews from Hungary
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George Friedman
George Friedman (born 1 February 1949) is a Hungarian-born American writer, geopolitical forecaster, and strategist on international affairs. He is the founder and chairman of Geopolitical Futures, a new online publication that analyzes and forecasts the course of global events. Prior to founding Geopolitical Futures, Friedman was chairman of Stratfor, the private intelligence publishing and consulting firm he founded in 1996. Friedman resigned from Stratfor in May 2015.
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