"The difference is that China makes better end use goods now rather than just things that American brands outsource cost based production. They make phones that compete with and and better than Apples. They make cars that are better then the teslas made in China or in America. They make better things that they can sell to anyone and own the brands."
This is the kill shot and it was self-inflicted enabled by Zionists. Do you think that Apple could fully protect their designs while having China build all their iPhones? Apple was after profit through outsourcing, China was happy to offer great prices to do their manufacturing since they were after the technology. Whatever they couldn't steal they copied by building most of industrial America's leading edge products. China will end it all by getting their internal or domestic wealth such that they can consume more rather than export. That's the death knell of the West. We are happy to have Indian software developers create apps while our technology capabilities stagnate because they don't want to support American educated white engineers, they are too expensive.
. Ackman is wrong on China because in one word BRICS
I mentioned BRICS in my other reply:
Perhaps the following is worth a mention:
China also has absolutely no none zero incentive whatsoever to work with the US until US issues in Russia and US issues in Iran are resolved
China's Brick and Road BRICS oil supply from Iran are 100 fold more important than a loss of sales or loss of 2.8 % GDP to the US - Xi could care less -
Xi won't say it but All appearances are to the extent China can delay and to the extent China can use this tariff issue that the US created, to aid Russia and Iran - staying ' out of the war militarily ' but showing support and acting in concert with Russia and Iran in an economic war - I opine China will do it.
This is one way China can really help Russia and Iran - without sending weapons or soldiers -
And I think China will do that to the full extent they are able.
As to Anglo-Zionists, the Anglos had a head start. For example, in 1953 when US conducted regime change in Iran it was as a favor to the UK monarchy. UK counted on Iran for oil, couldn't overthrow Iran on its own, so asked US to conduct the coup. In order to persuade US, UK "cleverly" sold it as a "Communist" threat rather than an oil deal. The fact that UK had convinced CIA to do an Iran regime change was kept secret until 2017. ..."1953 Iran Coup: New U.S. Documents Confirm British Approached U.S. in Late 1952 About Ousting Mosaddeq," 8/8/2017,
"Scholars of the coup generally agree that London’s overriding objective in the Iran crisis was to restore their stake in Iran's petroleum industry by virtually any available means, including military action. But ever since Mosaddeq nationalized the industry in Spring 1951 (then expelled British diplomats and intelligence officials from the country the following October – incidentally, not long after the first British-U.S. coup discussions mentioned in the Byroade memo), the Truman administration had balked at Britain’s persistent prodding for radical action – beyond the substantial step Washington had already taken of supporting an economic boycott against Iran."...
Yes, it really was, but a lot of people weren't paying much attention in the 50's-60's and were transfixed on rooting out communism. This was a win for propaganda with many more wins to come.
Great column by Crooke and great post by you, Mark. There is great value in clearly bringing these issues to the surface, including the tension and conflicting goals between factions in the Trump Admin and between his domestic and foreign policies and goals. Juggler, indeed. He may need to be a magician.
Here we sit on the verge of geopolitical chaos, multiple kinetic wars, trade wars, and possible pending Western economic implosion. For all that, perhaps the most disturbing thing for me are the incompetent and/or delusional people currently inhabiting important foreign policy positions in the Trump Admin (Rubio, Waltz, Hegseth, Colby, etc.). For that matter, the whole Neocon-dominated Israel-first think tank foreign policy establishment that has set up shop under him. Does anyone in the whole world think Rubio, for example, has the intellect to understand geopolitics and diplomacy and properly advise the President and the diplomats under him? That he is nothing more than a cut-out? Who really put him there? How many more cut-outs are there in critically important positions?
Auerelian states: “So we are dealing with limited horizons; limited imagination and limited experience. But there’s one other determining factor: The U.S. system is recognised to be sprawling, conflictual – and, as a result, largely impervious to outside influence – and even to reality. Bureaucratic energy is devoted almost entirely to internal struggles, which are carried out by shifting coalitions in the administration; in Congress; in Punditland and in the media. But these struggles are, in general, about [domestic] power and influence – and not about the inherent merits of an issue, and [thus] require no actual expertise or knowledge."
This detachment from reality is what scares me to death. The people advising Trump are in LaLa Land and they are beholden only to self-interest and the influencers of the Deep State. I had hoped Tulsi could be a filter of the info he receives - a dose of reality, so to speak. But that doesn't seem to be happening as regards Russia or Iran or Yemen. How does Trump get out of this mess? How do we get out of this mess? And to be fair, it is a mess Trump helped make through his appointments - for whatever reasons. Thanks for giving me the space to rant.
“Insufficient facts always invite danger.” - Mr. Spock
Peter Robinson opens the show by asking Thiel’s views on his own essay “The Straussian Moment.” (Essay link: https://www.evernote.com/shard/s542/c... responds by saying that people today believe in the power of the will but no longer trust the power of the intellect, the mind, and rationality.
Peter Thiel, Dark Enlightenment & the Free Speech Union
eo-reactionaries are a relatively new group of thinkers on the right that in general want to abandon the modernstate, built such as it is around the pursuit of the social welfare, for lean-and-mean governance by business types who know in their view how to make the trains run on time. They are sick of having to “go begging” to the political class in order to get what they want done. They hope to cut out the middle-man. It’s obvious that oligarchs run the country so why don’t we just be honest about it
SME: I SIS FOR HOURS EACH DAY READING MAIL. ITS ALL ABOUT WAR. IS KILLING PEOPLE AROUND THE WORLD A DISTRACTION FROM WHERE THEY ARE GOING NEXT? PETER THIEL…DOYOU KNOW HIM? IS HE JUST A TECHNOCRAT? FRIEND OF JDVANCE? THE VIDEO I POSTED ABOVE SAYS HE IS MORE.
PS 1. If Thiel is so smart, why in the world did he partner with Alex Karp?
2. And did you notice that he contradicted the Rene Girard thesis, that scapegoating/violence occurs because of mimesis -- people are (seemingly) compelled to imitate -- when he said:
"maybe the Byzantine Emperor in the 14th century should not just have been making reasoned arguments but should have also been getting some weapons and protecting himself from what was ... the disaster that was to befall ..."
Thiel is advising Violence, not as mimetic but as defensive, or protective. Counter-mimetic??
I AM 87 YRS OLD AND LEGALLY BLIND. SOON GOD WILL CALL ME HOME. BUT I CRY AT NIGHT FOR THOSE UNAWARE.
A VIDEO WAS POSTED AT SOLARI REPORT ALSO AT TECHNOCRACY NEWS. IT IS FREE. IT IS CATHERINE AUSTIN FITTS,DAVID A HUGHES, PATRICK WOOD AND A FEW OTHER VERY RESPECTD PEOPLE. IT IS CALLED: Omniwar: Academia Weighs In On The Battle For The Brain
OMNIWAR
THANKS SO MUCH MARK FOR YOUR EFFORT. WE MUST SHARE AND NOT GIVE UP ON THOSE THAT CHOOSE NOT TO SEE.
You know I find it quite interesting that the msm (don’t deserve caps) has had very little to say about Yellen’s transparently obvious partisan decision to deliberately create a financial time bomb that DJT would have to try and defuse! Yellen, in my opinion, is a poster child for the shortsighted and treacherous behavior that passes for “expertise” in all bureaucrats. Rather than do the right thing for the good of the country, she opts to be a good party hack and stick it to Trump. Doesn’t seem like a stretch to characterize her actions as sedition, but hey, that’s just me.
I would wholeheartedly agree with Dominique’s comment below that these people like Yellen, Fauci, Myorkas and particularly Garland need to be publicly made to answer for their actions. Yes, foreign policy problems are a big deal and must be dealt with, but how about we start taking up the slack in the domestic arena. If these folks start facing serious consequences for their actions then maybe they would make choices that benefit the country rather than the party!
Yellen's a Zionist. Her purpose was to create a major financial problem, that if Trump won would have a deleterious effect on his administration and turn the country against him and MAGA by blaming them. Also, because she is a Zionist aligned with Progressive Democrats her goal is to destroy the country for the middle class, drive us to economic destruction making it easier for the banksters to complete there whole sale theft of the wealth and resources of this country to fund global hegemony and hoard the resources for their use while we suffer and likely perish.
I'm not sure if that interview is paywalled, but Jan Jekielek of the Epoch Times interviewed China analyst and commentator Heng He.
I remember first hearing about these Chinese ghost cities in early 2011. Finally, I found heard a plausible rationale for them from this interview. Below is the discussion from the interview.
Mr. Jekielek: But what about all these apartment buildings they built for investment? Presumably, someone is supposed to live there one day.
Mr. He: No. This is also designed to keep the government in power. Why is the government so fascinated about the buildings? Because they sell the land. This would never happen in other countries because the land is private. But in China, the CCP took over China and took over the land. The government owns the land. They sold the land to the developer, and then the developer builds and then sells to the end user.
China’s housing is very expensive because half of the money goes to the government, so the government can get rich. It’s all designed this way. That’s why we have so many ghost cities in China. They didn’t really think someone would live there. They just sold the land and built the buildings.
Mr. Jekielek: This is very hard for people to believe.
Mr. He: Yes. Why are there so many coastal cities? They know there are no people who will live there, like the Xiongan New Area. Xiongan is Xi Jinping’s plan to make a sub-city for Beijing. The whole city was built up from the ground, and now nobody lives there. It’s been this way for so many years.
Mr. Jekielek: But he already knew nobody would live there?
Mr. He: In China, the decision-making is not based on research studies or real needs. It still keeps a very big portion of the planned economy, and a planned economy is based on the leader’s idea. Nobody knows where the idea comes from, but that’s the decision.
I just want to point out that the US strategy seems to be to hobble China, instead of simply maximizing their own performance. Where is the honor in that?
China has a huge market, but it’s hard for foreigners to penetrate. And any foreign company manufacturing in China is in a Faustian bargain, that at best has short term benefits.
Automation in manufacturing changes the labor cost savings equation between domestic and foreign made. Shipping does have a cost.
There was a case study on masks, where an American manufacturer refused to expand during COVID, because U.S. hospitals would not guarantee long term contracts. Saving a few cents was more important than made in USA.
That's correct. When I handled a large account with China based operations, The rule at the time companies based in China would not hold more than a 49% stake in the company and China held 51%. that was the price of setting up shop in China. IDK if that has changed.
"China has a huge market, but it’s hard for foreigners to penetrate."
China has been concentrating on penetrating its own market--increasing consumer spending. That's how America did it, but it's much harder for China to replicate that: Chinese savings patterns, due to demographic collapse and minimal social security safety net, force people to save for old age rather than spending now.
he British branch of the CFR is the Royal Institute of International Affairs (RIIA), otherwise known as the Chatham House.
Finances for the CFR came from the same players that set up the Federal Reserve System in America: J.P. Morgan; John D. Rockefeller; Bernard Baruch; Paul Warburg; Otto Kahn; and Jacob Schiff. Through its membership, meetings, and studies, it has been called the most powerful agent of United States foreign policy outside the State Department. (JERIMIAH PROJECT)
"We get a lot of advice from the Council, so this will mean I won't have as far to go to be told what we should be doing and how we should think about the future."
HELP: DOES ANYONE KNOW HOW TO POST A URL WITHOUT THE THIMBNAIL?
CLICK ON THE URL BAR IN YOUR WEB BROWSER. THAT SHOULD CAUSE THE URL TO BE HIGHLIGHTED. NOW, TO COPY THE URL, RIGHT-CLICK ON IT AND CHOOSE "COPY".
NEXT....WHEN YOU CLICK "REPLY" ON THIS SITE AND THE TEXT BOX APPEARS FOR YOU TO TYPE INTO, RIGHT CLICK IN THE TEXT BOX AND CHOOSE "PASTE". THE COPIED URL SHOULD APPEAR (BE PASTED IN).
Ackman is wrong on China because in one word BRICS - but in many words
many reasons too many to list eg: as above mentioned such as only 2.8% of their GDP relies on exports to the US --- Ackman also fails to view the other side of that coin ---
that it is estimated that China’s $0.5 trillion in exports to the U.S. corresponds to ~$2 trillion in U.S. retail sales (due to markups and value-added distribution). This equates to ~40% of U.S. goods consumption and ~8% of U.S. GDP.
A 2019 study by the U.S.-China Business Council estimated that Chinese imports support ~931,000 U.S. jobs (e.g., in logistics, retail, and manufacturing using Chinese parts). China accounts for 50–60% of U.S. consumer goods imports (e.g., apparel, toys, furniture).
China’s 2024–2025 export bans on gallium, germanium, and antimony have raised prices (e.g., antimony doubled to $25,000/ton). This affects ~$50–100 billion in U.S. industries (e.g., EVs, solar, defense), or ~0.2–0.4% of GDP.
U.S. pharmaceutical spending is $600 billion annually (2% of GDP). If Chinese supplies were cut, alternatives (e.g., India, Europe) exist, but prices could rise 10–20%, adding $60–120 billion in costs (0.2–0.4% of GDP).
anyway too long to list
and Wrong because as previously mentioned JD Vance called them peasants - the Chinese population are willing to suffer due to this insult - doubtful the US population will give Trump much leeway
and Wrong because / due to the Russia / Ukraine war and sanctions Russia is a perfect example for China to learn from on how to avoid the repercussions - and Wrong because the US has been threatening War with China since at least 2023 - so China already has plans in place and action .
eg: NBC News Jan 27, 2023 — A four-star Air Force general sent a memo on Friday to the officers he commands that predicts the US will be at war with China in two years.
Excellent points, Joe. Thank you. Does anybody know if it is true, as several 'pro-China' commentators claim, that the Chinese government is now borrowing (selling their bond version of US Treasuries) at a rate equal to that which US debt sells for? Even that their last 2 year bonds sold for 26 bp less than equivalent US debt? Also, that the recent auction had significantly fewer foreign purchases than recent ones? Maybe that last one fluctuates a lot and is relatively unimportant. I don't know. If there are any smart dissident bond gurus here your input would be appreciated......Also, I was hoping VP Vance would be a truly intelligent and halfway moral part of the government. Between his praying for a successful bombing on Yemeni civilians and the apocalyptically embecilic and insulting comment about the Chinese people, I have to say he has been a painful disappointment to me.
Right. I think Americans are under the impression that just because imports from China make up so large a part of our consumer goods they must also make up an equally large amount of of Chinese exports. No longer the case. The percentage has been steadily dropping.
US has none - no plans in effect to substitute from other markets and it would take a minimum 1 - 2 years to get anything reliable ( there is no quick turn to India and Vietnam they do not have production and are more expensive )
Thankyou! 80% of his efforts are going towards foreign policy. Sure, these issues were never going to go away by magic, but he was voted in to sort out things on the home front.
"The difference is that China makes better end use goods now rather than just things that American brands outsource cost based production. They make phones that compete with and and better than Apples. They make cars that are better then the teslas made in China or in America. They make better things that they can sell to anyone and own the brands."
This is the kill shot and it was self-inflicted enabled by Zionists. Do you think that Apple could fully protect their designs while having China build all their iPhones? Apple was after profit through outsourcing, China was happy to offer great prices to do their manufacturing since they were after the technology. Whatever they couldn't steal they copied by building most of industrial America's leading edge products. China will end it all by getting their internal or domestic wealth such that they can consume more rather than export. That's the death knell of the West. We are happy to have Indian software developers create apps while our technology capabilities stagnate because they don't want to support American educated white engineers, they are too expensive.
Trump is a hustler. He has an end goal in mind, but is flexible on how he gets there.
. Ackman is wrong on China because in one word BRICS
I mentioned BRICS in my other reply:
Perhaps the following is worth a mention:
China also has absolutely no none zero incentive whatsoever to work with the US until US issues in Russia and US issues in Iran are resolved
China's Brick and Road BRICS oil supply from Iran are 100 fold more important than a loss of sales or loss of 2.8 % GDP to the US - Xi could care less -
Xi won't say it but All appearances are to the extent China can delay and to the extent China can use this tariff issue that the US created, to aid Russia and Iran - staying ' out of the war militarily ' but showing support and acting in concert with Russia and Iran in an economic war - I opine China will do it.
This is one way China can really help Russia and Iran - without sending weapons or soldiers -
And I think China will do that to the full extent they are able.
.
As to Anglo-Zionists, the Anglos had a head start. For example, in 1953 when US conducted regime change in Iran it was as a favor to the UK monarchy. UK counted on Iran for oil, couldn't overthrow Iran on its own, so asked US to conduct the coup. In order to persuade US, UK "cleverly" sold it as a "Communist" threat rather than an oil deal. The fact that UK had convinced CIA to do an Iran regime change was kept secret until 2017. ..."1953 Iran Coup: New U.S. Documents Confirm British Approached U.S. in Late 1952 About Ousting Mosaddeq," 8/8/2017,
https://nsarchive.gwu.edu/briefing-book/iran/2017-08-08/1953-iran-coup-new-us-documents-confirm-british-approached-us-late.
"Scholars of the coup generally agree that London’s overriding objective in the Iran crisis was to restore their stake in Iran's petroleum industry by virtually any available means, including military action. But ever since Mosaddeq nationalized the industry in Spring 1951 (then expelled British diplomats and intelligence officials from the country the following October – incidentally, not long after the first British-U.S. coup discussions mentioned in the Byroade memo), the Truman administration had balked at Britain’s persistent prodding for radical action – beyond the substantial step Washington had already taken of supporting an economic boycott against Iran."...
Well, that was a very open secret.
Yes, it really was, but a lot of people weren't paying much attention in the 50's-60's and were transfixed on rooting out communism. This was a win for propaganda with many more wins to come.
Great column by Crooke and great post by you, Mark. There is great value in clearly bringing these issues to the surface, including the tension and conflicting goals between factions in the Trump Admin and between his domestic and foreign policies and goals. Juggler, indeed. He may need to be a magician.
Here we sit on the verge of geopolitical chaos, multiple kinetic wars, trade wars, and possible pending Western economic implosion. For all that, perhaps the most disturbing thing for me are the incompetent and/or delusional people currently inhabiting important foreign policy positions in the Trump Admin (Rubio, Waltz, Hegseth, Colby, etc.). For that matter, the whole Neocon-dominated Israel-first think tank foreign policy establishment that has set up shop under him. Does anyone in the whole world think Rubio, for example, has the intellect to understand geopolitics and diplomacy and properly advise the President and the diplomats under him? That he is nothing more than a cut-out? Who really put him there? How many more cut-outs are there in critically important positions?
Auerelian states: “So we are dealing with limited horizons; limited imagination and limited experience. But there’s one other determining factor: The U.S. system is recognised to be sprawling, conflictual – and, as a result, largely impervious to outside influence – and even to reality. Bureaucratic energy is devoted almost entirely to internal struggles, which are carried out by shifting coalitions in the administration; in Congress; in Punditland and in the media. But these struggles are, in general, about [domestic] power and influence – and not about the inherent merits of an issue, and [thus] require no actual expertise or knowledge."
This detachment from reality is what scares me to death. The people advising Trump are in LaLa Land and they are beholden only to self-interest and the influencers of the Deep State. I had hoped Tulsi could be a filter of the info he receives - a dose of reality, so to speak. But that doesn't seem to be happening as regards Russia or Iran or Yemen. How does Trump get out of this mess? How do we get out of this mess? And to be fair, it is a mess Trump helped make through his appointments - for whatever reasons. Thanks for giving me the space to rant.
“Insufficient facts always invite danger.” - Mr. Spock
"bureaucratic energy is devoted almost entirely to internal struggles, which are carried out by shifting coalitions in the administration..."
A sign of late-stage empire looting.
ABOUT THE INTERVIEW BELOW:
Peter Thiel on “The Straussian Moment”
Recorded on September 5, 2019.
HOOVER INSTITUTE
Peter Robinson opens the show by asking Thiel’s views on his own essay “The Straussian Moment.” (Essay link: https://www.evernote.com/shard/s542/c... responds by saying that people today believe in the power of the will but no longer trust the power of the intellect, the mind, and rationality.
Peter Thiel, Dark Enlightenment & the Free Speech Union
eo-reactionaries are a relatively new group of thinkers on the right that in general want to abandon the modernstate, built such as it is around the pursuit of the social welfare, for lean-and-mean governance by business types who know in their view how to make the trains run on time. They are sick of having to “go begging” to the political class in order to get what they want done. They hope to cut out the middle-man. It’s obvious that oligarchs run the country so why don’t we just be honest about it
SME: I SIS FOR HOURS EACH DAY READING MAIL. ITS ALL ABOUT WAR. IS KILLING PEOPLE AROUND THE WORLD A DISTRACTION FROM WHERE THEY ARE GOING NEXT? PETER THIEL…DOYOU KNOW HIM? IS HE JUST A TECHNOCRAT? FRIEND OF JDVANCE? THE VIDEO I POSTED ABOVE SAYS HE IS MORE.
that link is 404
this works: https://www.youtube.com/watch?v=iRleB034EC8&t=1311s
PS 1. If Thiel is so smart, why in the world did he partner with Alex Karp?
2. And did you notice that he contradicted the Rene Girard thesis, that scapegoating/violence occurs because of mimesis -- people are (seemingly) compelled to imitate -- when he said:
"maybe the Byzantine Emperor in the 14th century should not just have been making reasoned arguments but should have also been getting some weapons and protecting himself from what was ... the disaster that was to befall ..."
Thiel is advising Violence, not as mimetic but as defensive, or protective. Counter-mimetic??
In the Greek scheme of things both democracy and oligarchy are perversions of decent ruling orders. Our own democracy/oligarchy is hopelessly corrupt.
I AM 87 YRS OLD AND LEGALLY BLIND. SOON GOD WILL CALL ME HOME. BUT I CRY AT NIGHT FOR THOSE UNAWARE.
A VIDEO WAS POSTED AT SOLARI REPORT ALSO AT TECHNOCRACY NEWS. IT IS FREE. IT IS CATHERINE AUSTIN FITTS,DAVID A HUGHES, PATRICK WOOD AND A FEW OTHER VERY RESPECTD PEOPLE. IT IS CALLED: Omniwar: Academia Weighs In On The Battle For The Brain
OMNIWAR
THANKS SO MUCH MARK FOR YOUR EFFORT. WE MUST SHARE AND NOT GIVE UP ON THOSE THAT CHOOSE NOT TO SEE.
ANNIE
THANKS FOR THE LINK. OTHERS MUST BE AVOIDING LINKS AS WELL.
thanks but how did you get it? with my limited eyesight I have few options.
You know I find it quite interesting that the msm (don’t deserve caps) has had very little to say about Yellen’s transparently obvious partisan decision to deliberately create a financial time bomb that DJT would have to try and defuse! Yellen, in my opinion, is a poster child for the shortsighted and treacherous behavior that passes for “expertise” in all bureaucrats. Rather than do the right thing for the good of the country, she opts to be a good party hack and stick it to Trump. Doesn’t seem like a stretch to characterize her actions as sedition, but hey, that’s just me.
I would wholeheartedly agree with Dominique’s comment below that these people like Yellen, Fauci, Myorkas and particularly Garland need to be publicly made to answer for their actions. Yes, foreign policy problems are a big deal and must be dealt with, but how about we start taking up the slack in the domestic arena. If these folks start facing serious consequences for their actions then maybe they would make choices that benefit the country rather than the party!
Yellen's a Zionist. Her purpose was to create a major financial problem, that if Trump won would have a deleterious effect on his administration and turn the country against him and MAGA by blaming them. Also, because she is a Zionist aligned with Progressive Democrats her goal is to destroy the country for the middle class, drive us to economic destruction making it easier for the banksters to complete there whole sale theft of the wealth and resources of this country to fund global hegemony and hoard the resources for their use while we suffer and likely perish.
But then Trump doesn't raise the subject, either.
He doesn't. I wonder how deeply he is compromised by the Zionist zealots.
I wondered why you were quoting the single-issue predator Ackman but understood once I read those who replied to him from Planet Earth. Well done.
https://www.theepochtimes.com/epochtv/leaked-directive-reveals-the-ccps-desperate-strategy-to-survive-the-trade-war-heng-he-5848057?utm_source=ATLNewsletter&src_src=ATLNewsletter&utm_campaign=atl-2024-04-26&src_cmp=atl-2024-04-26&utm_medium=email&est=P5uEyD2nQy7Yhk3CvkJCjwePyq29bVULHqpHX%2FbdeLcyo0aKhZIAxlOVawMWVoztfA%3D%3D
I'm not sure if that interview is paywalled, but Jan Jekielek of the Epoch Times interviewed China analyst and commentator Heng He.
I remember first hearing about these Chinese ghost cities in early 2011. Finally, I found heard a plausible rationale for them from this interview. Below is the discussion from the interview.
Mr. Jekielek: But what about all these apartment buildings they built for investment? Presumably, someone is supposed to live there one day.
Mr. He: No. This is also designed to keep the government in power. Why is the government so fascinated about the buildings? Because they sell the land. This would never happen in other countries because the land is private. But in China, the CCP took over China and took over the land. The government owns the land. They sold the land to the developer, and then the developer builds and then sells to the end user.
China’s housing is very expensive because half of the money goes to the government, so the government can get rich. It’s all designed this way. That’s why we have so many ghost cities in China. They didn’t really think someone would live there. They just sold the land and built the buildings.
Mr. Jekielek: This is very hard for people to believe.
Mr. He: Yes. Why are there so many coastal cities? They know there are no people who will live there, like the Xiongan New Area. Xiongan is Xi Jinping’s plan to make a sub-city for Beijing. The whole city was built up from the ground, and now nobody lives there. It’s been this way for so many years.
Mr. Jekielek: But he already knew nobody would live there?
Mr. He: In China, the decision-making is not based on research studies or real needs. It still keeps a very big portion of the planned economy, and a planned economy is based on the leader’s idea. Nobody knows where the idea comes from, but that’s the decision.
I just want to point out that the US strategy seems to be to hobble China, instead of simply maximizing their own performance. Where is the honor in that?
For years I've referred to it as
" Tonya Harding Diplomacy "
It is covered thoroughly in the US Foreign Affairs Manual (FAM)
but not in those exact words
It hasn't caught on yet, but maybe
.
If you call that Tonya Harding Diplomacy, what would you call Israel's diplomacy?
Deceitful..........
Oh, I thought it would be an even harsher label than the above given that Israel is so morally twisted.
China has a huge market, but it’s hard for foreigners to penetrate. And any foreign company manufacturing in China is in a Faustian bargain, that at best has short term benefits.
Automation in manufacturing changes the labor cost savings equation between domestic and foreign made. Shipping does have a cost.
There was a case study on masks, where an American manufacturer refused to expand during COVID, because U.S. hospitals would not guarantee long term contracts. Saving a few cents was more important than made in USA.
That's correct. When I handled a large account with China based operations, The rule at the time companies based in China would not hold more than a 49% stake in the company and China held 51%. that was the price of setting up shop in China. IDK if that has changed.
"China has a huge market, but it’s hard for foreigners to penetrate."
China has been concentrating on penetrating its own market--increasing consumer spending. That's how America did it, but it's much harder for China to replicate that: Chinese savings patterns, due to demographic collapse and minimal social security safety net, force people to save for old age rather than spending now.
LEGALLY BLIND THUS CAPS
APPRECIATE YOUR WORK MARK.
IS TRUMP MERELY A SUIT?
he British branch of the CFR is the Royal Institute of International Affairs (RIIA), otherwise known as the Chatham House.
Finances for the CFR came from the same players that set up the Federal Reserve System in America: J.P. Morgan; John D. Rockefeller; Bernard Baruch; Paul Warburg; Otto Kahn; and Jacob Schiff. Through its membership, meetings, and studies, it has been called the most powerful agent of United States foreign policy outside the State Department. (JERIMIAH PROJECT)
FREETHINKER / YOU TUBE
Hillary Clinton admits the CFR gives the Orders
AIdro_nlwiBGeIvbn1SHzpIG962e92fpUQU8AEeCs41cEScd5g=s88-c-k-c0x00ffffff-no-rj.jpeg
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138,642 views Jul 22, 2009
Hillary Clinton, at the CFR on July 15, 2009.
"We get a lot of advice from the Council, so this will mean I won't have as far to go to be told what we should be doing and how we should think about the future."
HELP: DOES ANYONE KNOW HOW TO POST A URL WITHOUT THE THIMBNAIL?
CLICK ON THE URL BAR IN YOUR WEB BROWSER. THAT SHOULD CAUSE THE URL TO BE HIGHLIGHTED. NOW, TO COPY THE URL, RIGHT-CLICK ON IT AND CHOOSE "COPY".
NEXT....WHEN YOU CLICK "REPLY" ON THIS SITE AND THE TEXT BOX APPEARS FOR YOU TO TYPE INTO, RIGHT CLICK IN THE TEXT BOX AND CHOOSE "PASTE". THE COPIED URL SHOULD APPEAR (BE PASTED IN).
Ackman is wrong on China because in one word BRICS - but in many words
many reasons too many to list eg: as above mentioned such as only 2.8% of their GDP relies on exports to the US --- Ackman also fails to view the other side of that coin ---
that it is estimated that China’s $0.5 trillion in exports to the U.S. corresponds to ~$2 trillion in U.S. retail sales (due to markups and value-added distribution). This equates to ~40% of U.S. goods consumption and ~8% of U.S. GDP.
A 2019 study by the U.S.-China Business Council estimated that Chinese imports support ~931,000 U.S. jobs (e.g., in logistics, retail, and manufacturing using Chinese parts). China accounts for 50–60% of U.S. consumer goods imports (e.g., apparel, toys, furniture).
China’s 2024–2025 export bans on gallium, germanium, and antimony have raised prices (e.g., antimony doubled to $25,000/ton). This affects ~$50–100 billion in U.S. industries (e.g., EVs, solar, defense), or ~0.2–0.4% of GDP.
U.S. pharmaceutical spending is $600 billion annually (2% of GDP). If Chinese supplies were cut, alternatives (e.g., India, Europe) exist, but prices could rise 10–20%, adding $60–120 billion in costs (0.2–0.4% of GDP).
anyway too long to list
and Wrong because as previously mentioned JD Vance called them peasants - the Chinese population are willing to suffer due to this insult - doubtful the US population will give Trump much leeway
and Wrong because / due to the Russia / Ukraine war and sanctions Russia is a perfect example for China to learn from on how to avoid the repercussions - and Wrong because the US has been threatening War with China since at least 2023 - so China already has plans in place and action .
eg: NBC News Jan 27, 2023 — A four-star Air Force general sent a memo on Friday to the officers he commands that predicts the US will be at war with China in two years.
https://www.nbcnews.com/politics/national-security/us-air-force-general-predicts-war-china-2025-memo-rcna67967
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Excellent points, Joe. Thank you. Does anybody know if it is true, as several 'pro-China' commentators claim, that the Chinese government is now borrowing (selling their bond version of US Treasuries) at a rate equal to that which US debt sells for? Even that their last 2 year bonds sold for 26 bp less than equivalent US debt? Also, that the recent auction had significantly fewer foreign purchases than recent ones? Maybe that last one fluctuates a lot and is relatively unimportant. I don't know. If there are any smart dissident bond gurus here your input would be appreciated......Also, I was hoping VP Vance would be a truly intelligent and halfway moral part of the government. Between his praying for a successful bombing on Yemeni civilians and the apocalyptically embecilic and insulting comment about the Chinese people, I have to say he has been a painful disappointment to me.
Right. I think Americans are under the impression that just because imports from China make up so large a part of our consumer goods they must also make up an equally large amount of of Chinese exports. No longer the case. The percentage has been steadily dropping.
Predicting war with China is a great way to get a budget increase.
so China already has plans in place and action
US has none - no plans in effect to substitute from other markets and it would take a minimum 1 - 2 years to get anything reliable ( there is no quick turn to India and Vietnam they do not have production and are more expensive )
The best thing Trump could do for his presidency at this moment is to start arresting people, beginning with Mayorkas, Garland and Fauci.
But what about the TRO's that will be invoked?
No worries, TRO’s would soon be replaced by PJO’s - permanent jailing orders.
Why would TRO's be invoked?
Thankyou! 80% of his efforts are going towards foreign policy. Sure, these issues were never going to go away by magic, but he was voted in to sort out things on the home front.
The money people don't see it quite that way.
Indeed!