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An informative ten minute clip from Sirius XM radio interview with Steve Bannon where he discusses how we need to be worried about China not Russia. They have major plans to control the world economically. What our election and Brexit had in common was the gutting by China of our manufacturing base. He uses historical and current events to explain what presstitutes always miss -- the Big Picture.
Bannon also slams George W Bush as being the single most destructive president, worse than James Buchanan. After his rant he says to the interviewer, "You triggered me, brother, at 6:25 in the morning!"
As a Chinese friend told me, the Chinese sacrifice the individual for the group, like a beehive or ant colony. That is why they are so productive.
A good move would be for all American companies to move more and more of their manufacturing back here. Of course, when we have a President who refuses to do that, what hope do we have to convince all the other companies? Trump avoids the subject of all his wares coming from overseas like the plague.
Steve Bannon really? The Chinese are only our enemies if we try to fight them- we have been continously at war for over 50 years...
we as a country have killed millions world wide over these skirmishes--
I am not sure we are the ones to be judging( heck we are the ones to be worried about)...
Agreed. If anyone is a warmongering nation, it is the United States. The list of countries we've invaded in some capacity in the past 200 years is very, very long.
For instance, we declared war on Mexico with no premise whatsoever and conquered a large share of their nation.
This is like the former weight lifting champion turned couch potato accusing the new gym rat of being an enemy. Instead of worrying about other people's aspirations to do better we should look at solving at our own issues instead of trying to think of ways to sabotage the gym.
I remember reading an article in the 1980s that argued that China would eventually become a first world country and when that happened, economic power would shift to Asia, simply because of population alone. I thought it was probably inevitable but didn’t see it happening in my lifetime. Since then, particularly in the last few years, I can see the building blocks, such as the Belt and Road initiative, being laid for such a scenario.
China with its political system has the ability to plan for where it wants to be in say 30 years time and take actions now which will lead to the fulfillment of that long term goal. Short term loss but long term gain.
In contrast, the leaders of western countries tend to focus on goals which can be accomplished by the time the next election rolls around, in the hope that will lead them and their political parties being re-elected.
I don't think China has peaked, but I do think China has some massive issues to overcome if they are to ever share the same widespread standard of living as us.
China is showing some severe cracks in the short term with a massive bubble and fleeing private capital. Long term, poor demographics are looming; getting too old and too many men due to the 1 child only policy.
I remember reading an article in the 1980s that argued that China would eventually become a first world country and when that happened, economic power would shift to Asia, simply because of population alone. I thought it was probably inevitable but didn’t see it happening in my lifetime. Since then, particularly in the last few years, I can see the building blocks, such as the Belt and Road initiative, being laid for such a scenario.
China with its political system has the ability to plan for where it wants to be in say 30 years time and take actions now which will lead to the fulfillment of that long term goal. Short term loss but long term gain.
In contrast, the leaders of western countries tend to focus on goals which can be accomplished by the time the next election rolls around, in the hope that will lead them and their political parties being re-elected.
There is no perfect system, as China's government is far more corrupt at the local level, but they do get stuff done with their top down system.
Good thing we are trying to quintuple the tax burden on those rich students trying to study high tech science and engineering degrees who live off of $28k per year and who'll be key to making sure our economy can stay technically competitive with the Chinese in the future. Oh wait.....
11-08-2017, 07:55 PM
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n/a posts
The whining about China seems a bit hollow coming from people like Bannon and Trump who do everything in their power to make sure the US falls behind.
Of course they're going to eat our lunch. We practically walk over and give it to them, explaining that we think the future is in eating lumps of coal.
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