10/28/2024

Americans still lying about their collapsing economy and lying about China's 5% growth as crumbling

 The Anglo-Saxon doctrine of might is right and how the Whites rose by using war and conquest is not lost on the rest of the world. The USA and the West have done that for centuries in North America, Middle East, Africa and they attempted to do that to China as well for centuries.

They still want to do that today, in Europe against Russia using Ukraine, in the Middle East using Israel against the Arabs and Muslims, and still having their mindset about recolonizing China, which has never faded. But China today is not the China of the days when China was deeply divided and weak. But China will not resort to using wars to counter.

China's peaceful rise is just as eye opening as communism giving democracy a fight for the money and a lesson in how the battle is changing the perception of the whole world. Communism was never believed to be able to lead to the rise of China. It was a stifling ideal, inferior to the democratic superiority myth that existed for decades.

China changed that perception, once and for all with its peaceful rise. And countries are not blind to the changes that communism brought to China. It was nothing stifling, nothing holding back economic progress, with all the infrastructures, the manufacturing, the domination by China in many sectors to show. Who dares to belittle communism, with not even the beacon of democracy, the USA, daring to tout again the superiority of democracy triumphing communism.

That narrative died long ago and now the USA, and the West is using manufacturing overcapacity by China and all the hogwash associated with it and using the world as scapegoats to carry the burden of being threatened by China's overcapacity. That is such a lame argument, when the whole world is benefitting from cheap products made with China's overcapacity. It is the USA's inability to compete that is the only interest that made the USA to fabricate narratives against China's overcapacity. Nothing more and nothing less.

Anonymous

2 comments:

Anonymous said...

The USA thinks that just by talking up their economy will change its fortune. It is not going to happen and an illusion. And by talking down on China's economy, it will benefit them. It will not happen too.

A country's rise is dependent on its ability to make things that the world needs - cheaply, efficiently and catering to the evolving trend of global demand. The USA lost all of its manufacturing over the decades. It is trying to recover with its re-industrialization by attracting manufacturing back to the USA. That is easier said than done.

There are massive hurdles to overcome. The need for control of raw materials, the need to train the necessary skilled workers, the need to throw billions of dollars as subsidies to attract back domestic and foreign entities to build factories in the USA. Investors flock to places they can make the most profits, and this mindset has never change

These are factors that can be foreseen with attracting manufacturing back to the USA. The real obstacle to overcome is what is unforeseen after all the investments are made. Can they compete globally knowing that this is a problem they have to overcome in order to be feasible? What elephants are just going to remain white elephants.

China's ability to leverage on its control of raw materials, cheap energy and skilled workers and its overcapacity is causing all the undue difficulties that foreign investors will have to think carefully about. As TSMC now discovered, there are so many problems associated with investments in USA - the different working attitudes, the wage differentials and the shortage of skilled workers. And TSMC has not even started on its mission in USA to compete on the world stage.

Anonymous said...

As long as the voters cannot do anything and being made to choose between the right and left hand, the charade just carries on. Wonder if this was the way democracy is supposed to work. How long is this going to work is anybody's guess. Everything has a beginning and an end. Even well-constructed Empires that was supposed to last forever.