Empires fall when clowns, nitwits and gangsters enter politics, an area they are least able to have any positive impact. Clowns belong to a circus; nitwits do not qualify to run a country, and gangsters are only capable of robbing the country that it was chosen to guard against in the first place. Adding to that are the 'eunuchs', or those 'advisers' in government, the 'journalists' in MSM and those running the propaganda machine that are contributing to the perceptive decline. Lest we forget, Dynasties in olden China falling into decay were also largely due to the 'eunuchs' interfering with the running of the country and influencing the decision of the emperor.
The USA is showing late symptoms of being run by clowns, nitwits and gangsters, though that has been in constant denial over the last two decades. But the harm had already been done, the swamp is too deep to be drained, the bottom of the barrel has fallen out due to over scraping. Real talents, with lack of monetary support or wealth, are not being given any opportunity to run for office. Perhaps it is the decision of the Deep State to exert better control over fake talents being chosen to run the country, not realizing that those chosen are running the country into the ground.
The USA chose to ignore the danger of outsourcing manufacturing, only looking at the ease of enjoying the fruits of labor of poorer countries and just be content to keep printing toilet papers in exchange. This privilege could not be enjoyed by others like China, and its manufacturing buildup is not a choice, but a necessity. The rest is history. Yet, the USA is now turning the narrative into one of China stealing USA jobs, jobs that the USA probably do not think necessary to retain in the face of its privilege of just being able to continue printing and enjoying. Moreover, it has now been exposed by Tim Cook that China's edge in manufacturing is not due to its cheap 'slave labor', a point constantly narrated, but its use of automation and robotics, its skilled workers and it's employment of 'economies of scale' to cut down cost, especially fixed cost attributed to land, factory and machinery. A huge domestic market is very important for China in this respect with its support for its 'economies of scale'.
Anonymous
Trump imposes tariffs across the board first then hopes to use them as bargaining chips to extract advantages. Some countries have seen the ploy, while others have no way out like Japan, South Korea and India. However, the creation of BRICS is one factor that matters in all this and provides avenues for countries to retaliate like Canada. The USA is not the only market for Canadian exports. There is the EU and unexpectedly also China as well. How things have changed during the time that Canada detained Meng Wanzhou, the CFO of Huawei under instruction by the USA and China and Canada wanting to put the issue behind after Trump's tariffs on Canada. However, doubts and warnings are still being fermented by those loyal to the USA administration.
ReplyDeleteThe modus operandi of Trump and his administration is act tough from the word go, try to force the hands of the weak, make countries fearful and negotiate in a position of weakness. Some of the tactics used include giving time frames or grace period of a month or two and in some cases, the USA finally had to give up its stand when others do not give way. It is all about whether countries know how to play the game - Trump's game called the 'Art of the Deal'. Trump's gloated 150% tariffs on countries against de-dollarization had been brushed aside by BRICS countries.
Remember that not all of Trump's 'Art of the Deal' results in success. North Korea's de-nuclearization deal was a complete failure. Mexico paying for the building of the wall was a failure. Trump's trade war against China was a failure on all fronts. Trump's attempt to collapse China's shipbuilding industry is another failure on the horizon.
Was Trump's six bankruptcies a success or failure in the context of his 'Art of the Deal'? If it is deemed a success, tell that to those who were conned by Trump.