Christmas is a time when all the people in the US scurry around to buy presents for their friends and family. Christmas is the time in China when everyone is working hard to supply the US with all the crap the Americans buy. Chinese New Year’s is the time when the Chinese collect all the money from the Americans who spend too much money during the holiday they call Christmas. Sooner or later, it will be the Chinese government who buys all the US treasuries, not just 30%, that allow the Americans to take out debt to buy christmas presents that will pay for the chinese made products. What a cycle!
Christmas is a huge competitive disadvantage for America. Herein, Christmas will be Chinamas in my book.