Trump's Art of the Steal, oops, Deal

 Emperor Trump is the most valued President of the USA. Like football, he scored goals, plenty of goals. No American president has ever brought in so much money for America. Armed with his famous Art of the Steal, oops, oops, Deal, he can simply strut into any capital of American allied countries or crony countries and ask, demand or coerce to be paid in the billions and trillions. This is the easiest way of collecting revenue for a country. This is not much different from the mafia Godfathers collecting protection money.

And who are his willing victims? American allies and cronies of course. Top on the list are the rich Arab countries. Next on the list are Japan, South Korea and Taiwan. No European country is in the list of willing payers so far. Maybe they have contributed enough for the Ukraine War. Or maybe they are already broke. Britain has been told to buy up more Treasury bills as an option when no one else is buying.

But America is still broke, dead broke. The national debt is now US$38 trillion and adding more than US$2 trillion annually. The interest payment is more than US$1 trillion a year. How many countries have a GDP of US$1 trillion? For comparison, Singapore's GDP is about US$600 billion. Brazil's is US$2 trillion. US$1 trillion to many countries is oh la la!

The Americans are still looking for more suckers to milk. The next likely targets will be the crony countries, especially those that are considered rich and have money to pay. And those that owed their security and prosperity to the American Empire. Trump is sending out his ambassadors demand for payments.

Collecting protection money is very much easier than printing COEs. The amount asked by mafia chief Trump is no small chain. Arab countries paid in the trillions. Japan paid US$550 billion, South Korea US$350 billion. Silly country like Taiwan paid a few hundred billions, supposedly for buying American military junks that would not be delivered. And the silly Taiwan govt is going to pay more, trying to pass a bill in their parliament to pay another tens of billions to buy military toys to fight China.

The lucky countries would be those Mickey Mouse like the Philippines that really have no money to pay up. Trump only needs to open his mouth, and money in the billions and trillions will flow into the USA. He is a real magician, a very intelligent man. The most intelligent American president in the history of America. He made more money than Nvidia, Microsoft, Warren Buffett, Bill Gates, Jensen Huang etc etc. Now you know who is the smartest man in America. Making mountains of money without sweating his small stuff. No need to be a top engineer or scientist or Wall Street punter. No need to have a string of degrees and PhDs. A D grade first degree is good enough.

PS. Merry Christmas to all believers.

Clown Trump demands countries in BRICS not to do trade outside the US$

The headline reads - Trump demands that countries in BRICS not to do trade outside the US$. The word 'demand' evokes contempt over his mafia-like behavior. BRICS was set up specifically to assist countries to de-dollarize by using other currencies and there is nothing Trump can do about it.

Why is the Trump now worried about countries using other currencies to trade among themselves? Wasn't Western media and analysts galore brushing aside BRICS as irrelevant and just an irritant against the mighty US$?

China and Russia do not do unnecessary things just for fun, like setting up alliances for irrelevant purposes. They do things after serious thought and planning, not making decisions after waking up from a nightmare or from the wrong side of bed. The irony is that some countries after making mistakes on the spur of the moment, still refused to accept their failings and still move further ahead suffering more consequences instead of correcting them.

Anyway, just let this continue and China should just continue to adopt the maxim 'never try to correct the mistakes of your enemy'.


Anonymous

American chip strategy - to sell Rolls Royce chips, not to the mass market

While the USA and its cronies are hyping up the high-end chips and pouring resources into it, China is content to continue to make and extract the most benefit out of legacy and mid-range chips. The USA can continue to hype up and pour in subsidies setting up AI and data centers to blow up the high-end chip development balloon, but the returns are not as lucrative as concentrating on making low and mid-range chips to cater to general demand.

What the world does not realize is that everything we have in our homes and outside the home just needs and are powered by legacy chips - TVs, refrigerators, washing machine, lifts, vehicles, EVs, drones, airplanes, trains and everything you can think of that needs a circuit board. Which is why China has shown its hidden power behind the Nexperia fiasco, just one sector that can cripple the whole global vehicle manufacturing eco-system.

High end chips are only needed for smartphones, computers and the military, while legacy chips are what is needed to sustain lifestyles of every human on earth.


Anonymous

Trump and NATO Europe are running in circles to keep the war in Ukraine going

Trump and NATO Europe are running in circles to keep the war in Ukraine going. In actual fact it is going back to square one, over and over and time and again to keep the war current. Those wannabe clowns or should I call them corrupt politicians in Congress in Washington and EU leaders in Brussels are being conned by the other chief clown in Ukraine, who was once a 'comedian and actor' before becoming Ukraine's President. Having said that, it all amounted to a win-win arrangement for their pockets, not at all a con job if you look at the circle of events. These are facts, not misinformation.

Zelenskyy's acting experience deserves an Oscar for the way he twisted the other clowns around his finger. But I believe it is all a front to milk Ukraine's supporters dry, benefitting those in Congress and other top Government leaders in Europe with 'kickbacks' for them from the aid given. All the 'crooks' in Zelenskyy's regime had been removed, after becoming millionaires from siphoning all the aid given. Their removal is all pulling wool over eyes in order not to tarnish Zelenskyy's reputation further, which will make it difficult for him to keep conning the other clowns. But not removing the chief crook makes little sense, just like in Washington.

Now, Zelenskyy is telling Washington - to exert more pressure and give him more aid to bring down Russia, knowing that NATO Europe is at the end of its financial tether and looking desperately to use the seized Russian assets to fund Zelenskyy's war. NATO should just give all those Russian assets to Zelenskyy to keep him away from pestering for more and more for him to win the war, LOL. But that is a fantasy, knowing greed has no bounds.

Russia is not going to lose this war. India is now moving closer to Russia, which really change the global geopolitical situation that is making Trump uneasy. India has every reason to rely on cheap Russian energy, which no one else can provide, on top of which it can make money reselling them to Europe. The falling Indian rupee is making life more difficult for India if it were to ditch cheap Russian energy for others.


Anonymous

America draining away US$4 trillion annually for nothing ... the collapse is inevitable

 The US$38 trillion national debt is mind blowing and growing rapidly. The Americans said no problem. The western media also would not talk about it, no problem. Only China has millions of problems like a trade surplus of US$1 trillion. With this kind of money, China is going to explode and collapse very soon, the Chinese economy is shrinking and all the fake pro American 'anal lysts' are offering their snake oil solutions on how to save the Chinese economy. Would they spare a moment to teach the Washington clowns on how to resolve this US$38 trillion debt? No idea?

America is already bankrupt and still wanting to spend more on wars, destabilising other countries, bringing down China and Russia, and demanding China to buy more Treasuries, ie lending America more money to bring down China! No one can see that this is not making any sense, pure nonsense. But the clowns think, if they are able to think, this is the way to go.

The wars against the world, paying for a huge armed forces, CIA covert operations, propaganda machine etc are costing the American US$1 trillion annually. Added to this financial burden, the Americans still have to pay US$1 trillion on interests to its debt. These make a big hole in the American pocket, draining two US$ trillion just like that when the money can be put for better uses to improve the lives of the Americans.

And the annual trade deficit of America is another US$2 trillion, meaning an outflow of US$4 trillion annually for nothing, not producing anything or getting anything in return to improve the American economy and the lives of Americans.

And the Washington clowns are very happy with this situation. So are the western 'anal lysts'. America has no problem at all, doing very fine. For comparison, Brazil's GDP is only US$2 trillion. And the fake fourth largest GDP of India is US$4 trillion. America just allowed US$4 trillion to slip away annually and not doing anything to stop this flow. Still very happy printing money, making weapons for wars, supplying weapons for wars in Ukraine and the Middle East.

How long can this last? How long can the Americans continue with the pretense that all is well? The collapse of the dollar and the American economy is imminent and can happen any moment. The rest of the world, especially the Global South need not worry. Alternative banking systems, currencies, are all ready when the dollar collapses under its own weight from more printing. BRICS have already rolled out all systems in anticipation of this, BRICS digital currencies, BRICS payment system, Chinese and Russian banking systems for trading using national currencies. 

The Global South has never been so lucky, so well prepared for the collapse of the dollar and the American SWIFT banking system. The Global South will go on trading as per normal, outside the American system, without having to use the dollar.