Rest assured they will continue to put the USA oncoming
financial train wreck on ICU. The debt ceiling had already been raised
multiple times in the past, so what is the problem? That show in
Congress is just, well a show, much ado about nothing, put up by the
senators to make it problematic. It is nothing more than creating an
imaginery threat we saw many times before.
The 5G threat of
Huawei, first about the relay stations built by Huawei being dangerous
to humans and emitting waves of 'death' and must be taken down, LOL,
then to full fledged unsubstantiated, no holds barred, National Security
Threat, that was later to extend to allies as well. Later the USA was
reported to be struggling with new relay stations using a different set
of 5G wavelengths for transmission, that was to interfere with aviation
communication. But keep this embarassment under wraps, as it is a
shameful fiasco and the USA is now into 6G, leaping a hurdle they could
not overcome.
The weather balloon threat was also hype up to
high heaven as a spy balloon, but that obviously failed to be
convincing. The USA could not find credible evidence to stick, after
shooting it down, so they resorted to trying to cover up the
embarrassment by claiming that the spying equipment on the balloone was
not even turned on according to sources. It was further admitted that
what the Chinese side told them was factual, relayed once only without
further rambling, and that the balloon was supposed to fly over Hawaii
and had been blown off course due to strong winds. But from the start
this was brushed aside arrogantly and they refused to listen and
insisted it was a spy balloon all along. After failing to find the
evidence after sieving through the debris, they sheepishly admitted
their incompetence.
The spy balloon incident even allowed Antony
Blinken to have an excuse to put off his, then uninvited, visit to
Beijing. After that, no invitation was to come from Beijing again, not
even to Sleepy Joe, who is still waiting. But rest assured Sleepy Joe,
even sleepwalking, will crash the party sooner or later, even uninvited.
Joe was hoping to talk to Xi at the G20 in New Delhi weeks ago, but was
disappointed that Xi was not interested in attending.
Oh, by
the way Joe Biden had the whole G20 circus to himself, making some game
changing announcements like the IME Corridor project, all to counter
China's BRI, and not serving any strategic or useful purpose. As they
are saying, when Joe Biden talks, people just laugh it off. When Putin
talks people listen. When Zelenskyy talks, people hide their wallets.
Anonymous
China is following the Buddhist saying - "those that come are not holy, and those that are holy would not come". How true!
ReplyDeleteWhy would China want to talk to USA leaders, knowing face to face they say one thing, and change their stance upon stepping down from the plane taking them home? Moreover, even before visiting China, they already advocate a confrontational stance, trying to indicate that they are coming to talk from a position of strength. China knows all the dirty tricks employed by the USA leaders. Fool China once shame on USA, and fool China twice shame on China. It, is not going to work going forward.
Hell, the lessons in the past taught China more than enough what it needed to learn - the opium war, the eight nations attempt to tear China apart, the century of humiliation, the isolation of China in various fields of technology eg space exploration, the trade war, the Chips war, all are not ever going to be repeated.
China us now recalibrating its economic direction, prioritising its move towards self sufficiency, leveraging on its strengths and correcting its mistakes. A time for consolidation, within which no one, not even Ministers are indispensible to be changed. The property sector needs consolidating, the same mistake that was to criple Japan for more than three decades. This sector is also coming to a head in the USA and UK, with interest rate hikes still not over. When the dam breaks, home prices will also plunge into the abyss for them. Let not the USA and UK laugh at China's property fiasco. Who is going to laugh last is not yet known.
That brings to me to what we are seeing today in Singapore. The economy is suffering a short circuit, with manufacturing in the doldrums. The only bright spark seems to be in the 'bricks and mortar' sector, but beware of the cliff. If it can happen to Japan and now China, it can also happen to us. Everywhere we look around, it is nothing but knocking down, rebuilding, building, digging, and redoing. How long will it last?