4/08/2024

US running out of ideas, now running to Beijing for help

 Isn't this another example of the USA shooting its own foot? The USA thinks forming the Chips Alliance will strangle China's chip development and luring chipmakers to USA will bring China to its knees. They failed to realise that China can and will retaliate. Just like the retaliation against Trumps' trade war. They honestly do not look any further than their noses when formulating policies. Age is catching up with the clowns in the circus literally.

The USA is famously quoted to know all - known knowns, known unknowns, unknown unknowns - and obviously knew that China has total control over the essential raw materials and refining logistics for processing rare earth. They even needed China to do their refining for them all along. China wisely makes hay while the sun shines. Fatten the pigs and let them enjoy the luxury of being fed just to slaughter them when the time comes.

It is too late now for the USA and the West to set up refining facilities themselves. But they now have little choice but to do it as rare earth is needed for much of their military buildup, not to mention supplying all the chipmakers in Arizona. They brought all these problems upon themselves.

The USA is practically begging China to stop their relentless push into industrial overcapacity to give them some slack to allow them to breathe. But they still must put this begging attempt as a 'warning', with serious consequences if China does not heed their warning, to show the world that they are still in a position of strength in bargaining. It would have been better for Yellen just to tell China honestly not to kill off their venture into rare earth manufacturing as and when they are up and running, which is giving them much to think about.

On the one hand the USA is threatening and provoking China to no end, On the other hand the USA wants China to lay off retaliating and give them the other cheek to slap. This is not China during the opium war period. 

Anonymous

2 comments:

Virgo49 said...

*Dear Friends n Fellow Singaporeans,*

Lawrence Wong our future PM said in Parliament that all he hears people are asking for more and more $ but no one has suggest any good ideas on cutting back or how to reduce spending.

No problem Mr. Wong; here is a list of things that you should cut back on:

1. *Ministerial salaries*. It is embarrassing to have the highest paid PM in the world for an island of 720 sq m.

2. *Abolish the expensive blood-sucking Mayors* scheme that is effete n self serving.

3. *Cut the $9m paid to the President* by at least half.
A puppet figure should not be paid so much.

4. *Cut back spending for the People's Association* now that Covid 19 is practically over. $
1 billion every year for the next 5 years is a truckload of tax payers' money.

5. *Suspend funding for SPH Media* until it has shown results on editorial indepedence. Dead wood editors should be let go.

6. *Stop raising transport fares* every year when the SMRT is swimming in profit.

7. *Remove spending on Goverment Parliamentary Committees* which serve no purpose as an opposition in Parliament. We already have a robust 10 member WP/PSP check on the murky and non-transparent PAP government.

8. *Cut unnecessary political appointees* such as Ministers of State, Senior Ministers of State, Parliamentary Secretaries, Senior Parliamentary Secretaries etc.

9. *Trim the grassroots organisations* -
RCs, CCs, CCCs, etc - and unify them as one to cut cost and bureaucracy.

10. *Cut back on Mindef spending.*
We are seeing bigger military budgets for Mindef that hit $17b in 2023.
Why spend so much when there aren't many national security issues ?

11. *Trim the number of paper generals and admirals in the army navy n airforce.*

12.*Ex-generals and ministers should no longer be made directors in GLCs.*

13. *Trim the number of PAP MPs most of whom are part-timers.*
It is a joke to have 93 MPs for a tiny island, many of whom are caught napping in the HOUSE.
Problem is they think the HOUSE is their sleeping chamber.

14. *Ban spending on the design of rubbish dumps* that cost a million dollars.

15. *Cut top civil servants n Stat Boards pay* by at least half because many of them are merely retirees from the SAF,

16. *Cut the number of Ministers parked in the PMO* like Indranee Rajah.

17. *Cut those Ministers in Parliament* who say:
“If you want a short answer, it is,
I don't know ...
I don't know.…”
U know who I am referring to?

18. *Cut down the number of chairmanships n directorships* that
a crony can hold.

19. *Cut down the number of positions that husbands n wives can hold that lead to possible conflict of interest*

20. *If a Minister cannot speak in Parliament because of number 19 above he should recuse himself.*
Silence is not golden. Silence means conspiracy and collusion.

21. *Cut down the import of millionaires and billionaires* who drive up the prices of COE, cars, bikes, condos rentals n Cost of Living.

22. *Cut down verbiage and give honest answers in Parliament.*

23.*Rein in the arrogance of the Speaker in Parliament* and let him not interupt or restrain the honest opposition members from speaking their minds.

*That is all Lawrence, thank you*

Lowinsky
SJI
27.03.24

Singapore also running out of ideas.

Have to go to Germany and France for what's?

The one to China at least have survival chance.

Virgo49 said...

https://youtu.be/OzDRGWgEDwg?si=61s1EYofkGIk0mUD

This Enligtening Interview with Prof Anthony Carty by Lixin confronts Western Stirred Shits to purposely have you SEAsia fight over the claims of the SCSeas.

Thoughout the interview which he had thru 8 labourious years going thru the Achives of all countries that were involved in the past colonisation of all these countries, he emphaised clearly that all claims by the other countries besides CHINA are Bluffs.

It is CHINA the Rightfully Owners.

The Americunts are the worst Culprits to purposely instigated and leave all these disputes to demoinse China.

He mentioned that the UAssA is a lawless country and the Rest of their White Doggies are useless.

He should also claimed the same to India.

The Brits are the Scums who leave all these mess.