The USA economy is in deep trouble, with a recession imminent. Wall Street is also tanking with Tesla, Nvidia and Microsoft losing big. But Trump and his gang will just print more money to prop up Wall Street, and presto where is the recession? Everything is going to be fine, so says Trump. The USA's GDP growth is all about printing more money to prop up Wall Street. Call it window-dressing if you like, but the fundamentals are just the opposite of reality.
The USA voters' cost of living in the USA is on the edge. Of course, saving Wall Street is the priority, not the ordinary people struggling with two or three jobs to survive. The land of bread and honey is no more being gloated. Groceries are going to be as expensive as well as calling an ambulance that could cost as much as US$2,000 or more.
Eggs are equally expensive in the USA now, and some people are said to be rearing chickens for their eggs. Trump is not interested in talking about egg prices anymore. He is placing more priority on his golfing. Life is really getting very egg-citing in the USA. Imagine that. With more retaliation by China, the USA agricultural sector is getting decimated, and food is going to be a National Security Issue for the USA as more farms go out of business. Myanmar was the rice bowl of South-East Asia at one time, but that is no longer the case. Never say never that the USA will fall into the same predicament.
A University education in the USA costs an arm and a leg, and takes a lifetime to pay off, if possible. Some Tik Tok refugees on Rednote are crying about their inability to pay off their education loans. Someone suggested they leave the USA to avoid paying their debt.
China is always touted as a communist country, with bad leaders or dictators, that cares little about its people. The Chinese Government in reality does everything better than the USA in caring for its citizens, building thousands of kilometers of high-speed railways, airports, ports, cheap transport, cheap university education, cheap healthcare, cheap groceries and lifting hundreds of millions out of poverty. Does that not indicate a government for the people, rather than a government of the 1%, by the 1% and for the 1%?
What has the USA Government done for USA voters? More homeless people, drug problems blamed on others, falling infrastructures, expensive university education, expensive and unattractive investment destination for manufacturing that needs tons of subsidies, tariff threat and arm twisting to get factory owners to relocate to the USA to face ruin.
Anonymous
3 comments:
Does anyone doubt that the rebound on Wall Street is not due to massive money printing propping up the wall? Professor Richard Wolff thinks so, and so do I. Wall Street is just too big to fail as always. And as always, most will be fooled.
And I have a feeling that someone is raking in the dough buying and making piles of toilet papers. Is there an agenda for the top 1% to now cast their net during the trough, having already pulled in the net at the peak, realizing that the tariffs will decimate the USA and Wall Street earlier? That was how the middle class in USA lost their pants or were destroyed by the top 1% over the years. When it comes to greed, the lesson is never learned. And Trump is obviously giving the top 1% a big hand, with himself probably in the game.
The tax cuts for the super-rich is already worth US$4.5 trillion as reported by some analysts. That is astronomical, an amount bigger than the GDP of any of the G7 countries including India. Trump and Elon Musk are now digging into areas for cost cutting to fund the tax cuts. Of course, Tesla is also benefitting from the money printing and propping going on.
Marco Rubia is still flogging the genocide mantra in Xinjiang, despite not producing an iota of evidence to support his empty accusation. Sure, there were clampdowns on radicalized Ughur Muslim terrorists destroying the peace in Xinjiang, cultivated by the USA to bring chaos to China. And when China destroyed the attempt and the wasted funding of the USA, demonization is the only way to put China in bad light. Keep repeating lies and hope it will become the truth is how the USA tried to do over the decades, just like all the bad publicity about China on MSM. Now, social media is countering all the lies that the USA had attempted to feed to its citizens and the rest of the world. The USA and the MSM had been exposed naked by users of Rednote, giving them red faces with nowhere to hide their shame, but just keep generating the same lies about China.
Suffice to say, minorities in China are treated better than Han Chinese, being given better privileges like number of children and education subsidies, that the Native American Indians in concentration camps in the USA can only dream about.
Why should China be trying to commit genocide against the Uyghur Muslims when it has allowed more than 40,000 mosques to be built throughout China? Does that make sense? How many mosques are there in the USA, the country that professes to have a deep love for Muslims. What is Trump doing in Gaza, chasing out the Palestinians for Israel to move in to build more settlements? The fake love does not fit in with the reality.
Every time the Americans use lies to demonise China, we should retell and remind the world of their crimes against humanity, their war crimes and genocides against the native Americans and the Palestinians.
We shall keep hammering them until the American terrorists stop doing it.
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