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The Impact of a Taiwan Strait War on Wall Street: Guo Taiming’s Warning

Politics Center / Reported by Xiao Youchen

▲ Guo Taiming believes that if there is a war in the Taiwan Strait, the Wall Street stock market will collapse in just ten seconds. (Picture / Reposted from Guo Taiming Facebook)

Foxconn founder Terry Gou is increasingly calling for the 2024 presidential election. Recently, Guo started a 10-day visit to the United States and met with New York Times columnist Thomas Friedman today (2). Guo Taiming issued a document revealing that when the two met, they talked about the situation between China, the United States and the Taiwan Strait, and he told Freeman that if a war broke out in the Taiwan Strait, “in just ten seconds, the Wall Street stock market will crash.”

Guo Taiming said that he particularly respects Freeman’s concern for Sino-US relations, and even more respects Freeman’s long-term concern for Taiwan. Freeman just visited Beijing this year, trying to clarify the so-called origin of the current stalemate in Sino-US relations. Guo Taiming quoted Freeman’s article saying that China and the United States are indispensable in today’s world situation. “China’s economy collapses and the United States can still prosper. The idea is simply a fantasy.”

Freeman also pointed out in the article that it is inevitable for China and the United States to “compete with each other, cooperate with each other, and find a balance between the two. Otherwise, we will all face extremely bad prospects in the 21st century.” In this context, Freeman also visited Taiwan this year and went to TSMC in person. He praised that “the world’s most advanced chip manufacturer” is located in Taiwan.

Guo Taiming said that he told Freeman that “Taiwan’s role in the world economy is far more important than Ukraine. As long as there is a war in Taiwan, from a military point of view, it may be able to withstand 3 months, but the impact on the world economy is the Huge, the impact on the financial order on Wall Street is immediate.” Both agreed that if a war broke out in the Taiwan Strait, the world financial market would not be able to withstand the impact of a tsunami.

Guo Taiming said bluntly: “If there is a war in the Taiwan Strait, it will not take one month, or even one hour, but only 10 seconds, the Wall Street stock market will collapse, and the world will undergo earth-shaking changes.”

Guo Taiming also said that Taiwan’s mainstream public opinion is for peace and not for war, and more than two-thirds of the middle voters choose peace. After all, the devastating impact of the Taiwan Strait war on the world economy is immeasurable. “World-renowned trend observers are so concerned about Taiwan’s role in the struggle between China and the United States. Our generation should work harder to pursue peace and contribute to the common prosperity of all mankind.”

▲ The full text of Guo Taiming’s Facebook page.

2023-08-02 13:41:00
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