Never underestimate the stupidity of D graders. They cannot differentiate what is good and bad, who is taking advantage of the world or being raped by the world. Trump used to rant about America being raped by China and the world with huge trading deficits. To the ignoramus clowns like Trump, trade deficits must be bad and must be reduced at all costs. This led to his tariff wars and sanctions against China and all American trade partners...to reduce trade deficits.
The truth is that America only buys what it needs, what it wants, what is of value to America. The big trade deficits mean that America is seeing great value from its buying of foreign goods and services. America and Americans would not be buying and buying if not getting benefits and values from their spending. That is why the average Americans are all looking like overfed gorillas, especially the beasts in American police uniforms. They eat too much, consumed too much. Whose fault is that? They can't grow that big for being raped by overconsumption.
America can reduce its trade deficit simply by consuming less, by not importing more, by compromising on their good life from purchasing cheap and good stuff they need from abroad. Why called this as being raped by China? Oops, D grade Trump's has limited vocabulary and is only familiar with thug language.
The other big farce that D grade Trump and his clowns could not appreciate is the monopoly money they are using to exchange for goods and services. The pieces of paper the Americans printed cost as much as the paper and ink used, nothing more. America and Americans are benefitting all the way, actually cheating and raping the world by exchanging their useless pieces of paper for real stuff, useful stuff that American needs.
What is US$40 trillion debt? This is meaningless, at little cost to America, and deliberately allowed to balloon by the Americans as a special exorbitant privilege. Only America can enjoy this privilege by being the issuer of the international currency, the greenbacks. And this is a happy debt if trust is not undermined or destroyed. The debt can go to infinity, America can continue to print all the dollars they need and want, to buy and consume all they want, with nothing to worry about.
But then comes along D grade Trump to destroy this special privilege by grabbing money belonging to other states and individuals, like gangsters, thinking there will be no consequences. And the clowns that Trump brought along, appointed to be incharge of monetary and financial policies just do what Trump wants him to do. They continue to undermine the trust in the dollar and the American banking and finance system, destroying the decades of trust built in the dollar and SWIFT system.
The rest is history. Dedollarisation is in full steam. BRICS banking and financial systems are all ready to take over the role of SWIFT, to replace all that the Americans have built. Thanks to D grade Trump and his clowns, this process is irreversible and they did not have any inkling of it. The Designated National List and Specially Designated National List continue to expand to sanction and ban more entities and individuals from the SWIFT system, meaning sending more away to alternative systems. And the latest additional list of entities being banned was in February 2025. It means till now, these clowns still cannot see the damage and harm they are doing to America and the SWIFT system. Simply unbelievable! But what can one expect from clowns? They are happily chipping away the dollar and SWIFT system and their exorbitant privilege. The US$40 trillion debt is now hanging like the albatross on the neck of America, about to rip it off.
PS. If America were to cut down its trade with China to reduce the trade deficit, and then to buy the same items from somewhere else, America's trade deficit would grow much bigger because no other country can sell at a lower price than China,
2 comments:
I thought Sinkieland sanctioned Russia, so how can it trade with them? Or maybe it the other head of the snake that is doing the trade. Just like Ah Long sanction Russia while Liang po po go there for holiday. All the news about China subsidies it manufacturing or overcapacity are the narrative set by the west to divert attention from their own failing. All countries subsidies their own industries in term of lower rental/labour cost/utilities..etc Therefore all these countries cannot compete with China if they only blame her for their own failing.
In order to provide a good answer to the D grader, China is now selling less and less to the USA, which will reduce the trade deficit. I guess that is what Trump wants and is going to be good for the USA. Let the USA buy more from other countries, more expensively. In other words, decoupling will solve all the deficit problem with China once and for all, and China is helping the USA to reach that goal.
It must also be said that China is already helping the USA to reduce its trade deficit by selling less rare earths to the USA, am I right. Why does the USA want to import more rare earths from China that will make the deficit worse, lol?
On the other hand, in order to sell more to China, why is the USA putting all the sanctions and hurdles to prevent sales of chips to China and only the outdated versions were offered to China. Trump thinks the Chinese are as dumb as he is trying to keep the Chinese dependent on USA tech.
The good thing about those sanctions is that they have helped in fast tracking the Chinese into striving to be self-dependent much faster and pouring in resources to enable China to stay away from USA tech. China would still be dependent on USA tech if all those tech sanctions had not been put in place by the USA. As they say, necessity is the mother of invention, and the Chinese are just keeping their heads down and powering ahead.
Now, the Chinese are rising to become a big competitor in the field of memory chips, which even Samsung, the world's biggest memory chip maker, is worried.
The Chinses are now on their way to making high-end chips using new architecture that has the USA, ASML and TSMC worried as well. That they have found a way around, without depending on hardware constraints controlled by the USA, is a game changer. The soothsayers in the West can continue to throw doubts in the new architecture created by the Chinese, but China will have the last laugh when the shit hits their fan.
Post a Comment