Washington dimwits don't make mistakes...only China makes mistakes?

Scott Bessent is now telling China that its curb of rare earth is a 'big mistake'. The USA itself has been making all kinds of big mistakes over the past decade. That so-called rare earth 'big mistake' is crippling the USA's Military Industrial Complex and giving China breathing space, knowing that the USA needs more weapons that depends on rare earth elements, in order to start a war with China. Let me elaborate further on other big mistakes made by the USA.

The USA started a proxy war against Russia, and in the unintended consequence was pushing Russia into the orbit of China. It was a huge geopolitical mistake. What the USA did not foresee, despite all the touted geopolitical advisors in the White House, was that Russia and China are now complementing each other in ways never envisaged and supporting each other to the chagrin of the USA and the Europeans. Russia's cheap discounted energy is helping China to be even more competitive, while Chinese companies are investing in Russia, taking over the logistics left behind by Western companies. Now the USA and the Europeans are trying very hard to pry them apart. It is not going to happen. The USA and the Europeans now have to deal with two nuclear powers, not to mention North Korea as well. Which is why starting a war with China is not a sure win bet for the USA and the Europeans, although they are nevertheless keen to try their luck to try to save the empire. What do we call that? Not a big mistake I suppose.

The second big mistake was underestimating the resolve of China over the last three or more decades, when China was busy mopping up rare earth resources, essential metals, essential minerals, setting up refining logistics, building bridges with countries for resources and building infrastructures for them in exchange, launching the BRI and most of all the formation of BRICS, all done under the nose of the West. Just a couple of years ago the USA was nonchalant when talking about BRICS, brushing it aside as a threat and claiming that it is just an irritant against the mighty US$. After all, what can chefs, laundrymen and peasants hope to achieve, or so they thought. Now, it is too little too late to try to curb the rise of BRICS. Sure, de-dollarization will take time, maybe decades, but the writing is on the wall and Trump is desperately attempting to counter BRICS with all kinds of threats. Is this not another big mistake as well?

The third big mistake was starting the trade war. We are used to the saying and should heed the saying that people in glass houses should not throw stones. Trump ignited the trade war, China retaliated and USA farmers are suffering the consequences or collateral damage. Now, Trump is begging China to help USA farmers. China did not start the trade war that led to the farmer's plight. Trump himself started that. Was that trade war against China by Trump not another big mistake?

Finally, the tariff war is turning into another big mistake made by the USA. China's trade with the USA is going downhill fast, so any threat of tariff increases is not going to rattle Xi. Trump can now raise tariffs to 1,000%, which China will just look upon as academic. That 10% drop in tariffs by Trump after his meeting with Xi in Seoul means nothing and Xi is not even interested in hearing about it. Less Chinese goods for the USA means less tariff collection for Trump, maybe good for USA consumers as they are the ones paying it. But on the flipside, USA consumers still have to contend with more money chasing fewer goods, which still means leading to higher inflation. That in my thinking, is another big mistake down the road.

When your enemy is shooting itself in the foot, do not tell them it is going to be painful. Just watch, leverage your bets and benefit from the opportunity.


Anonymous

China builds the most robust, reliable, efficient supply chains for the world, until the Americans messed it up

  For the last few decades since China joined the WTO and opened up to the world and embraced capitalism and industrialisation, China has built the most robust, reliable, efficient and cost effective supply chains in the world. In the process, China has never defaulted or broke its contractual agreements to undermine the trust the world placed on China's supply chain. Every country, companies and manufacturers were happily dependent on the Chinese supply chains to their just in time operations. No one has any issue with the Chinese supply chains. Even India, with its animosity and anti China sentiments, and the unsettled border issues, are working happily with the Chinese supply chains for their raw material, parts and components for their factories.

The unscrupulous and sneaky West, forever demonising China in everything, also did not have any problems with the Chinese supply chains until Trump launched his trade wars with China. This resulted in many American sanctions, blacklisting, export controls etc etc that threatened and at times disrupted the Chinese supply chains. In their fabricated lies of protecting the supplies of parts and components from China, that China may cut off the supply chains, just like the big lies that China is going to invade American, not now but one day in the future, the treacherous Americans started to sabotage the Chinese supply chains. The latest fiasco, coercing Netherlands to seize Chinese company Nexperia HQ and hoping to grab the Chinese supply chain for automobile chips, it resulted in the supply chain being severed completely with China stopping export of the chips until the disgraceful robbery attempt is fairly settled.

This is perhaps the first time that a Chinese supply chain has been interrupted, NOT by China, but by the sneaky and unethical Dutch and Americans. Now they have to pay the price for their dastardly low down behaviours. The unfortunate victims, the European automobile manufacturers, that were operating smoothly with the Chinese supply chain, are now in serious trouble, with slowdowns, delays, production stoppages, layoffs and some even facing closing down of their businesses. Thanks to the mischievous and terrorist behaviours of the Americans and the cowardly and arrogant Dutch. Thousands of innocent Europeans are going to lose their jobs. 

Without the American troublemakers and their equally unscrupulous cronies, the world would have no problem with the Chinese supply chains. For decades, the Chinese supply chains have built up a high level of trust and dependence without failing their customers. The American terrorists are repeating their often used playbook, thief calling thief, and brought about a supply chain crisis of their own doing.

Chinese supply chains are the most trustworthy, efficient and reliable partners in manufacturing, just in time production process in the world. No amount of fabricated lies by the American terrorists and cronies can discredit the Chinese supply chains. The troublemakers and fools had their days, but the users of Chinese supply chains would return to China to continue working with Chinese supply chains that are good, efficient and affordable, with no fear of disruption and being held hostage by China.

Chinese supply chains thrive on being reliable, dependable and trustworthy. Breaking the trust would be detrimental to the Chinese supply chain business. Chinese supply chains would continue to honour its contractual commitments to its customers for as long as it takes.

No one dares to blame China for the disruption of rare earths supply chains. They know, everyone know that it was the American terrorists that brought about this crisis. It was the Americans that brought about the chips crisis by not letting American chip manufacturers to sell to China, not allowing ASML to sell EUV machines to China, grabbing Chinese companies and crippling the European automobile industries, even crippling their own soya beans, agriculture produces, meat and poultry industries by starting this silly trade wars.

China is all about trust. China builds trust. Without trust, no one would be depending on Chinese supply chains. The Americans destroy trust, abuse trust, cheat and bully others that trusted America but no more. America is the most untrusted country in the world today.

Trump cronies making it rich by association with Trump

Howard Lutnick, publicly is very loud about how successful those tariffs are, raking in billions, but privately he, or his sons, knows it is going to be a colossal failure.

It has been revealed that Howard Lutnick's two sons, Brandon and Kyle, had been installed by Howard in Cantor Fitzgerald, a financial services firm, as Chairman and executive vice Chairman, positions which Howard Lutnick himself was holding as CEO and Chairman before he became Commerce Secretary. Cantor Fitzgerald had discreetly been betting upon the failure of those tariffs and taking bets over the tariff collapse eventually, trying to make a windfall on those bets.

Howard Lutnick is the same kind of people in the Trump administration using their position to enrich themselves, family members and cronies, using Trump as the echo chamber to carry out their plans. The bailout of Argentina by Scott Bessent serves the purpose of saving the predicaments of George Soros and other hedge funds cronies caught with Argentinian bonds sinking like the Titanic.

I hope this comment does not get deleted as my earlier comments on Scott Bessent's involvement in the Argentina bailout.


Anonymous

Xi Trump Meeting - When is rascal Trump going to start another round of sanctions?

Trump is gloating about an 'amazing' meeting with Xi, and the USA side is making a song and dance with the news that Trump has extracted his pound of flesh from Beijing. That is the story from the USA side, while the Chinese side painted a different picture altogether. Who do we trust?

Xi actually humiliated Trump twice by making him stand on stage waiting for Xi to appear. To geopolitical onlookers that was an indication of who really holds the position of a powerbroker. Power is exhibited by appearance, not by boasting out loud. The second humiliation came when Trump was trying to paise Xi as a tough negotiator and all the nonsense, while Xi just kept quiet, not responding, not acknowledging and let the echo chamber carry on and on. That silence shows who is the real one holding the cards.

All the agreements talked about at the meeting were basically mere 'consensus' to settle issues hanging in the air. That is not real agreements. That is the same story as in Geneva and Alaska earlier, all touted by the USA as 'done deals'.

Let us talk about the Tik Tok issue, with Scott Bessent claiming a deal had been reached without giving specifics, while the Chinese side just said that issues have still to be discussed. Does that indicate anything?

Let us talk about Trump gloating that the rare earth issue has been 'settled', while the Chinese side indicated that the sanctions waiver is only for one year. In my opinion, China is basically telling the USA that since Trump already gloated that the USA would have so much rare earth within one year, that he does not know what to do with them, China is just giving a one-year waiver over rare earth sanctions for Trump to build his mines and refining logistics just to see what happens. Is China setting a trap for Trump to fall into again?

Let us talk about the soya bean issue as well, with China already committed to buy Brazilian and Argentinian soya beans and other agricultural products, with long term agreements forged. Now, is China going to just ditch those deals just to please Trump and buy back USA soya beans? I leave that to your judgement. China does not make and tear up agreements like the USA. Sure, China can just buy a little of the soya beans from USA, but just for ego boosting for Trump that he is doing something for the farmers.


Anonymous

It is alright for white savages to invade and seize other countries

Actually, China and Russia, decades ago, were on different sides of the geopolitical divide, with Russia in the G8 and not on good terms with China.

Mongolia provides a natural buffer zone between China and Russia, although now it serves not as that necessary buffer, with China and Russia on good terms. The USA is now trying to use Mongolia to counter China.

China or Russia should have little trouble taking control of Mongolia, but that would have been demonized as expansionist and against International Norms. The seizure of sovereign states can only be monopolized by the Anglo-Saxon Whites based on historical precedents, they would claim, LOL.

Now people like Lindsay Graham are using the right of seizure against Venezuela and Colombia, using the same modus operandi argument that previous Presidents like Ronald Reagan had also done that before.

Many people are warning that the USA is sleepwalking into another Vietnam if it thinks Venezuela and Colombia are pieces of cake. These are vast countries, covered by thick jungles and mountainous, the exact replica of Vietnam. Go Donnie, go, and find out the hard truth.


Anonymous