Miscellaneous News
- Thread starter bd popeye
- Start date
If you check the history the most "successful" nations are the ones on Islands (England,Japan ) , and second luckiest are the ones enjoying the protection of peninsulas, like Italy, Korea.
USA enjoying similar advantage at the moment due to the geographical location.
This is the magic sauce that makes them strong, if the competitors wage expensive and destructive land wars, then the prosperity and capital preservation will make wanders with the protected country.
But the Coronavirus different , it hit as hard or harder the USA than the other countries.
It is not like every other war ,where the USA benefited from an intact economy, and overgrown the competitors whom was busy to rebuild again and again the industries ravaged by war.
This is the reason of the behaviour of USA. They consider the war on any point on the earth beneficial for them, because it hurt the competitors, but not them.
More war abroad - > more business opportunity , less competitor.
To trade in yuan the parties needs abundant supply of currency on they hand.
IT has to be large, otherwise small market movements will trigger huge exchange rate moves.
This requiring long term, enormous trade deficit from the aspiring nation that wants to make its currency as a reserve one.
It means at the same time if the dollar collapse, then the whole international trade as we know will collapse as well.
Biden winning will certainly give China some relief from constant attacks and tension, it will not change anti-China mood of the US. Biden will eventually be replaced by a President Josh Hawley or someone of similar mold in the future. The US anti-China policies are rooted in the American and other european/euro-settled peoples anxiety of losing their dominant position. So, Trump is not unique in this. he is just the messenger. Anyone following reddit and twitter can see how anti-China general western public are becoming. Australia, Bolsonaro's Brazil, UK - pretty much all such countries are moving towards far right/white supremacy/anti-china thinking. Sure the liberal parties in these countries are not that anti-China, but they can feel the mood in the air and don't want to be outflanked for being soft on China.
Biden winning will stop petty-maximum in-your face slap actions that Trump has taken. So, things like asking money for Tik tok sale or Calling for Regime change will stop. But what will happen is that the truly damaging policies for China will begin, so things like trade blocs, united effort to kick Chinese candidates out of UN. That sort of thing.
China will have to face North Korea/Iran style complete cutoff from the west and still keep growing in order to become a superpower. You cannot become number 1 without your opponent using their maximum power to stop you.
On the bright side, every power that the west uses is a power they will no longer have. You use it, you lose it type scenario. the fact it is happening now is good for China. Just imagine if these actions started 20 years from now, when Chinese tech companies are deeply embedded into the western market, completely follow western standard and Chinese GDP per capita is also higher. That means China will have to waste a lot of resources to withstand the decoupling.
Right now China's biggest advantage is its reserve growth power. They are still poor/ rural (40% rural) and uneducated. So, just by educating their young and moving the poor into cities will give them enormous growth. Its easy growth. Right now their tech companies are mostly young and vibrant. They can easily switch to new tech standards and withstand the shock of a blockade. In the future, there will be too much vested interests and a large part of Chinese public will probably ask for a surrender just to save their income. That would have doomed CCP.
Very well written
China must play the macro game. China’s former and current senior leaders were probably worried the next gen would be too soft and pro-West. They can be phased out peacefully now.
plawolf
Lieutenant General
Let’s not forget that Biden was part of the team Obama who was trying to take over the SCS to be able to put a stranglehold on Chinese sea based trade pretty much any time they wanted. He is not on iota less anti-China that Trump, just better at sugar coating it so it doesn’t seem so blatant or unreasonable.
Any reversing of Trump politics would be done for American interests only, to either ease the economic pain and/or to virtue signal to the rest of the world. So he will cherry pick what policies to roll back, and the most damaging ones to China will absolutely remain while the western MSM gives maximum publicity to the few self serving roll backs he does for American interests and sells that like its some almighty act of charity and good faith while demanding China roll back the most damaging countermeasures against America. When China rightly refuses and demands he reverse comparable policies, the western MSM will jump up and down claiming ‘bad faith’ and he can pretty much carry on where trump left off.
Anti-China sentiment has pretty much not only become normalised and accepted within American policy circles of both left and right, it’s pretty much now become a purity test. You won’t be seen as a ‘real honest’ American unless you demonstrate and suitable level of hatred towards China.
Here it is folks, if you can't beat them under the free market principle, then a bit of the old fashion strong arm national security law should do it.
From CNN
Trump issues orders banning TikTok and WeChat from operating in 45 days if they are not sold by Chinese parent companies
(CNN) - President Donald Trump on Thursday issued executive orders that would ban the social media app TikTok and WeChat from operating in the US in 45 days if they are not sold by their Chinese-owned parent companies.
Rest of the article from CNN.
From CNN
Trump issues orders banning TikTok and WeChat from operating in 45 days if they are not sold by Chinese parent companies
(CNN) - President Donald Trump on Thursday issued executive orders that would ban the social media app TikTok and WeChat from operating in the US in 45 days if they are not sold by their Chinese-owned parent companies.
Rest of the article from CNN.
The irony is the US is denying the people's freedom to choose and free enterprise.
I'm glad they're scared. It's better to be taken seriously than be like the Indians.