The Americans have been spreading this silly lie about China's overcapacity in producing goods for the world. To the deranged Americans, this is bad. China cannot be allowed to produce goods that are good and cheap for the people of the world.
How many people simply accept this silly crap of the Americans without questioning? Anyone in the world is complaining about China selling them cheap and good products? 90 % of the Indians would not have a mobile phone if they cannot buy a cheap and good mobile phones Made in China. So far it is only the Americans and the white men that are complaining. Oops, some silly Anglophiles in Singapore are also complaining, refusing to engage their brains to ask, why is China's overcapacity bad, and bad for who?
Actually, only the lunatics in Washington are complaining about this fabrication that China's overcapacity is supposed to be bad. Ask all the Americans in TikTok, XiaoHongshu, Shein, Temu, if this is bad? Without the Chinese fashion apparels, many would not be able to afford anything nice to wear. The average Americans are loving everything they are buying from China that are great value for money, in a way stretching their dollars and making them feel rich. And I believe the silly Anglophiles in Singapore are also benefiting from the good quality Chinese products. Caveat, some have so much money that they rather pay $50,000 or $100,000 for a Made in China bag that cost only $2,000 to make.
Professor Danny Quah, Dean of Lee Kuan Yew School of Public Policy, politely explained to silly Anglophile Singaporeans that the overcapacity of China, in producing cheap and good quality goods, is good for everyone. He stopped there without saying silly boys and girls should not listen to the lunatics in Washington blindly. Not sure whether the silly boys and girls got the message or understand how stupid they have been.
Maybe Danny Quah should be more direct and tell them to stop being silly. Otherwise, they would continue with their blind beliefs in the white gods, that everything the white gods said must be right and good. The white gods also told the Japanese to run down their economy, stop defending the Yen so that the American economy can grow instead of collapsing. Would the silly boys and girls go to and tell the Japanese what the Americans want them to do?
After a lifetime of eating hamburgers and potatoes, some silly boys and girls are thinking and behaving like hamburgers and potatoes, no brains inside.
3 comments:
It is all about inability to compete. Were the USA in a dominating position in manufacturing, overcapacity will be a dirty word. They will claim this is globalization and comparative advantage must be observed for the betterment of the world.
Too bad about trying to flog a dead horse. The whole world is benefitting now from cheap, but not necessarily inferior quality goods. China can make high end goods as well, like luxury begs and Rolex watches, if the price is right. iPhones made in China is another classic example. What the USA customer wants is cheap goods and China just oblige using cheaper materials. It is the same as buying a cheap car versus an expensive high-end car, where the price differential determines the quality. China never put a gun to USA consumer's head or consumers of other countries to demand that they must buy cheap Chinese goods. They can always buy expensive high-end bags, also made in China without the label, or from Japan and the EU, paying a different price.
The USA can only compete by getting rid of the competition, like what they did to the Germans and Japanese. The latter two were also not making enough of cheap products like China, due to their high cost of input like higher wages and supply chain restrictions. China is in a different position, leveraging on its cheap wages (though that is not the case today), cheap energy, automation and robotics and its total almost in-house supply chain enabling China to cut away middlemen costs as well.
The academic in Sinkieland will never dare to speak the truth of what they actually think, their rice bowl is at stage. Remember many years ago some of them question the G economy statistic and have to back down when asked to. Also former civil servant Ngiam had to eat his own word after saying that minister high salary is bad. So even if China over capacity is good for us peasants, no one in G will dare to acknowledge it.
Is USA overcapacity in military expenditure good for the world? It realistically not used to protect but to bully and control others. Is USA overcapacity in money printing also good for the world? It realistically is not used for global benefit but to weaponized and sanction other countries. Two positives make a negative I would say.
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