joefranklinsrs

only the last few ones :) but hey, please ban me for talking about the urgent issues of the day.

The most dangerous thing China export is oppression. Digital&AI surveillance, social credit system, 50 cents online army, and a CCP twisted dogma that authoritarianism + capitalism works (hint: it doesn't. It required blind beliefs from other countries to invest trillions of dollars and give up IPs in order to enter a market that would never be as big as they think)

Belt and Road: Malaysian government stopped a $20B project. Maldives just called it one-sided. India refuses to have anything to do with it. So do most of the EU members. Media around the world is calling it debt trap

Regulation: deadly vaccines. deadly milk powder. Their citizens then choose to buy foreign goods only

hard work: they are at their job 60 hours a week. but only working 20.

You forgot about the millions of jobs that disappear in China after factories leave for other countries.

You forgot about the billions of foreign direct investment that actually helped China to get to where it is today, now leaving the country.

You forgot about the real estate bubble in China deflating. The one that has the middle class of China paying for $1M house with their $1300/month income.

These flurry of NYTimes favorable articles on China, the last few days, is....fascinating. It's almost like those with vested interests knew a huge crash is about to come to China in 2019, and is trying to unload some investments.

However, the ever connected world is not blind, and can see the dramatic fall China has suffered in the last 2 years in terms of stock market, yuan weakness, capital outflow, human rights, massive debts, international relations, factories leaving, fake GDPs, and much more. $250B in tariff on Chinese imports in January 2019, followed up with potentially rest of the $600B in tariff on Chinese imports in 2019, will crash China.

The world is shades of grey. nothing and nobody is black or white. the context and magnitude of illegal immigrant separation/war criminals and muslim concentration camps are completely different.

If we look at the history of how US dismantled its manufacturing after the 90s (yes it started way before, but it was in much smaller scope), it was WALL STREET manipulation that allowed jobs to escape to countries with lowest amount of human rights but cheapest wages. You see before then, companies did offshoring but it was in small quantities, because they feared the unions and especially the massive import tariffs that would have been thrusted on them by the government if they had gone mostly offshore.

NAFTA, which was heavily pushed by wall street and also welcomed by certain corporations, snuck in through NAFTA-friendly advisors that Clinton surrounded himself with. By establishing the principle that U.S. corporations could relocate production elsewhere and sell back into the United States, NAFTA undercut the bargaining power of American workers. Also by letting China into WTO in the 90s, China has been abusing the rules ever since, destroying manufacturing jobs in democratic countries around the world. Bush escalated the suffering by giving China most preferred status. Obama didn't do much to contest except some stern warnings against China.

And now we have a belligerent China, lead by a dictator, that is more powerful than USSR in its heydays, with signs of third-reich behaviors (muslim concentration camps, technology-thought controls), vastly increasing its military and technological weapons to confront and attack US and its allies. And technology companies are still transferring technologies to China, either willingly, unwillingly or unknowingly.

WALL STREET did this. Some corporations were complicit. Then most of them were. Bill Clinton destroyed the American workers. Every other presidents that followed didn't stand up. Trump actually confronted China.

And now WALL STREET is trying to stop the full $600B trade tariffs against China.