The Duran: How China Escaped Banker Shock Therapy w/ Cynthia Chung

You can watch my discussion on The Duran here.

Topics Covered in this episode:
• Setting up China’s economic history
• The 2008 financial crash and Inside Job
• Hank Paulson: Goldman Sachs to Treasury Secretary
• Origins of China’s social credit myth
• Alibaba, Tencent and Goldman Sachs ties
• What are peer to peer loans
• China shuts down predatory lending, Jack Ma sidelined
• Gladio and psychological warfare narratives
• What China actually looks like today
• Stability versus competition in China
• How China escaped shock therapy
• Crossing the river by feeling the stones
• Decentralization and fierce competition
• Government’s role in daily life
• The bird in a cage theory
• Confucianism and resistance to extractive capitalism
• Should the West fear China’s rise

You can read my series where I discuss this material in further detail here:


Cynthia Chung is the President of the Rising Tide Foundation and author of the books “The Shaping of a World Religion” & “The Empire on Which the Black Sun Never Set,” consider supporting her work by making a donation and subscribing to her substack page Through A Glass Darkly.

Also make sure to watch our RTF and CP films and documentaries here.

Cynthia Chung

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