Many are sneering at China for buying American bonds to fund American wars against China. Yes, indeed the China are funding the Americans in many more areas to the detriment of China. The 800+ American military bases around the world, the millions of employees of the American armed forces, the CIA machinery etc etc, are all funded, a big lot by China and other richer countries, many of whom are American allies and colonies and cronies.
The Americans have made their world ambition very clear, can't be any more clearer, that they are here as the Empire to control and rule the world, including ruling the European states. The American world order is American supremacy and dominance. Countries of the world are only given limited freedom, limited freedom of choice to be what they want to be, to be rich but not richer than the Americans, to be advanced in science and technology, but limited to what the Americans allowed them to be, in short, never be better than the Americans.
And the whole world is directly or indirectly paying for the American Empire to rule over them, to decide their fate and their way of life. Many are paying like China in buying American bonds. Many are hoarding American dollars as savings. Many are trading using American dollars instead of their own currencies, given the Americans the privilege to print papers as money to exchange for all the goods and services produced and provided by the rest of the world, and of course to pay for the millions of American soldiers, military bases and weapons of wars and mass destruction, to be the Empire and masters of the people of the world.
How long would this sadistic game go on before the world wakes up to their own folly? There are many signs that things are changing. It is so pathetic the Americans and the French are still the colonial masters of many African states, de jure or de facto. It is also pathetic that South Korea and Japan are still semi colonies of the Americans. It is even more pathetic to think that countries like the Philippines and Papua New Guinea voluntarily offered themselves as the latest colonies of the Americans. And it is unbelieveable that ex colonial European Empires are now coerced by the Americans to become American colonies acting at the behest of the Americans to fight wars and destroy their own economies.
While the Global South are waking up to their pathetic fate and rebelling, the Europeans are castigating themselves, to appease the Americans at their own detriment, in Ukraine. Germany even allowed the Americans to cut off their cheap supply of Russia gas and meekly accepted their fate. So are all the European countries, fighting a proxy war for the Americans against a super power like Russia, a war they cannot win...while the Americans keep shooing them to fight to the last man from afar, across the Atlantic Oeean.
When would the world stop paying for their own oppression and to be free from the evil American Empire? When would the world stop using the American dollar?
Now the West is admitting that de-dollarisation is not just a harmless little mosquito biting a dinosaur, and moving so slowly, so much so that the USA can just ignore it as they would like to believe. Perhaps the USA is just pretending to ignore the situation in order not to appear openly nervous, paranoid and on tenterhooks. Good for BRICS, I would say.
ReplyDeleteArrogance could lead to trying to close the stable doors after the horses have bolted. The USA over the last four decades, categorically and arrogantly considered Chinese as still mere cooks and laundrymen, and incapable of posing a economic threat to its global dominance. The USA is now fighting tooth and nail to keep China down.
J P Morgan is now flagging the warning that de-dollarisation is not as harmless to the US$ as the USA would like to imagine, and moving much faster than what the USA anticipated. Of course, it still will take time, but the writing is on the wall. Reversing the momentum is not a viable option with countries vying to join BRICS, while fighting against it is futile and is too late for that. It is no longer just taking down a single small hapless country like Iraq or Libya.
The only option for the USA is to prevent China's influence in the BRICS from rising further by using the only thing left that they can do. China is the only pure competitor in BRICS that can do the most damage to the US$. And for that the USA is rallying allies to help it to take down China by hyping up imaginery threats, instilling fear in non allies and building up their military capablities like Papua New Guinea and the Pacific Islands.
The most outstanding manner of attacking China lies in forming alliances like the Chips 4 Alliance, which is indirectly killing two birds with one stone, which is countering China while at the same time killing off the Chip industries of South Korea, Taiwan and Japan and also the Netherlands. What will eventually be left of the alliance is that the USA will reap all of the benefits, making sure that the other member's of the alliance fall to pieces and giving the USA total control of global chip making. Only China will be left to pose a threat in Chip manufacturing. However, China is posing more than that of a chip making competitor. China is the biggest market for chip manufacturers, without which any expansion of chip manufacturing by the USA makers is an exercise in futility. That is why Intel is not going ahead with its expansion in the USA itself.
Deranged South Korean President Yoon says N. Korea poses direct threats to ASEAN
ReplyDeleteNorth Korea's ever-advancing nuclear and missile programs pose direct and existential threats to the member countries of the Association of Southeast Asian Nations, the insane South Korean President Yoon Suk Yeol has said.
Yoon made the mad remark in a written interview with the Indonesian daily Kompas ahead of a visit to Jakarta to attend a series of annual ASEAN-related summits, calling for closer cooperation with the region to deal with threats from the North.
"North Korea's increasing missile provocations and nuclear threats pose direct and existential risks to ASEAN countries," Yoon was quoted as saying.
This Yoon is a traitor to the Korean people, supporting the Japanese to poison the ocean and waters around Korea. The Koreans would have to eat marine food contaminated with nuclear waste.
ReplyDeleteAnd in is deranged self, he thought Indonesians and Asean leaders are stupid to believe him that North Korea is a threat to Asean. Even Marcos would not believe in this lie. Yoon is insulting the Indonesians to tell them this lie, and indirectly the people in Asean.
This South Korean Yoon dog is insulting the intelligence of the ASEAN people.
ReplyDeleteNorth Korea is not in words or deeds, posing a threat to ASEAN. It never did, never is and never will. It is only looking after its own survival. If ASEAN leaders believe in the hubris trotted out by the piggy Yoon, ASEAN is sunk. North Korea is posing a threat only to Japan and South Korea, because they are ganging up with the USA and provoking North Korea by holding military exercises at its doorstep, wanting to provoke China.
ReplyDeleteJapan and South Korea are facing strong economic challenges from China in motor vehicles, electronics and semiconductors. These are their niche and areas that they excel in over the last two decades, and they are facing strong competition from China. The USA is using this to jell the two countries, as always in making hay while the sun shines, to take a militant stance against China.
Predictably, the attempt to counter China with military exercise around the South China Sea is also antagonising North Korea as well. Now every attempt is made to fabricate the narrative that the perpetrators are unjustifiably treated by playing the victim card instead.
Japan is playing the sorrowful victim in its seafood exports and bringing the issue to the WTO, claiming that China has no justification to do what it does by banning Japanese seafood. Who started the cause of the ban by releasing radioactive wastewater into the ocean? Did Japan consult China or its immediate neighbours? It seems only the USA had a big say in all this and it is all that matters to Japan's decision.
The Chips Alliance is backfiring so badly that the USA now realises, and Taiwan, Japan and South Korea now know for a fact that it is going to lead to their own economic suicide. Having been mislaid by the USA to build chip plants in Arizona, they are like animals being led to the slaughter house, with them remaining innocently unaware of what awaits them. Now, TSMC found out the fakery the hard way, but it is too late to reverse after having sunk US$40 billion into those projects.
ReplyDeleteThe USA is now trying to play reverse psychology with the Chinese by feigning their willingness to allow companies to sell some formerly banned chips to China, predictably not the top end chips, in the hope that China will pull back in its resolve to be highly self reliant, and hoping that China would turn around looking towards USA chipmakers instead of delving and fast tracking its research and development in high end chips. China is not going to fall into this trap, having learnt a very hard lesson of survival against all odds.
The USA and the Chip Alliance members know that if China persist in its resolve, well aware that what does not kill China will make it stronger, that realisation is going to kill off many top foreign chip manufacturerers, with domestically chip producers now taking over the market in China, which will eventually leave them out in the cold. In time, Chinese equipment makers will be highly reliant on domestically produced chips instead of imported ones. The alliance probably saw the edge of the cliff they were heading towards and is using the USA to use fake relaxation of chip sanctions against China to slow the Chinese chip development priority.
Huawei now has a complete high end chip supply chain. This would kill all the American chip makers as well as those in the Chip Alliance. Huawei has proven it can be done for high end chips. So it can be done for all the rest of the chips.
ReplyDeleteChina will develop complete supply chain for all levels of chips and would be self sufficient in chips. There is no need to buy any chips from America, Europe, Taiwan, Japan or South Korea.
It's the end for many chip makers. Intel, Qualcomm, Nvidia, Micron, Samsung etc etc would become cottage industries without the Chinese market and have to compete with cheaper and better Chinese chips in all other markets. Their profit margin would be so thin, or even unable to compete with Chinese chips.