USA is caught in a bind, living in delusion

Making light of the danger of the tiger and riding the tiger is already difficult to dismount without being eaten. Trying to antagonize and attempting to ride roughshod over the Dragon is much more difficult to dismount. Not only the rider gets destroyed, but the whole country is facing destruction.

The USA is caught in a bind, unable to contain China and unable to cripple China's progress while watching helplessly. Two important measures by China had already sent the USA reeling - the migrating of agricultural imports towards Brazil, Argentina and Russia and the sanctions on rare earth magnets. Wasting money and already scarce resources sailing warships and conducting joint military exercises close to China is just throwing money into a black hole. Talk about spending more and more money on defense that reaps little in benefits, while having problems with ballooning deficits takes the cake.

The US$ is losing value by the day, and investors are fleeing. So far this year, the US$ has lost 11% of its value. Forget about the all- time highs on the stock market. It is just a mirage. Just like the mirage in the jobs market with high job creation trotted out only to be punctured like a balloon further down the road. Nothing is real, all hype and grandstanding.


Anonymous