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He probably will.Pompeo might have to bow down to the Chinese in the upcoming meeting
As the Hybridwar feeds into the ColdWar 3.0 ... a few historic parallels emerg!
Qing was the most productive and trade-surplus Nation on the Planet at that time... with solid banking system underwritten by Silver... a social system which was more in favour of the peasant than the trader... To be Mandrin was open to all!!!
The Europeans were running huge deficit in Silver to China ... OpiumWar ...the rest is known.
British Colony BritishIndia was source of Opium and The Great Game was being fought be the Imperial Russia and Imperial Britian in region of Kashmir all the way to CentralAsia!
Qing saw that it didn't need technology or sail the oceans for further trade for China was sulfsustaing and prosperous... SummerPalace was burnt to ground... the rest is known.
The History is perhaps repeating or perhaps not... however, unlike Qing China... the PRC is taking the Oceans with an Zeal never known since Zhen He!!!
Becoming a Technology/Science driven society is the StrategicGoal ...hence, the tech embargos emerging. 5G is the Beginning/Start of this ... more to come!!!
Now the USN is sailing..sailing...where once the Europeans and later Americans sailed... things change to remain the same?
India, once again, is what it was back then... an Imperial blunt tool and cannon fodder... Ladakh is just the beginning!!!
And the KhooniVirus...is moving from human to human on the Planet like a body-snatcher... killing GDP and eating values of the fiat currencies everywhere... Bubbles getting Biggester!!!
Since, we are now in the First Real Phase of the ColdWar 3.0 ... perhaps, max one year for things to go on razor's edge!
For a BemusedObserver ... being lucky enough to observe ColdWar 1.0, this ColdWar 3.0 is something nobody has ever seen before...
Both the US and China remain History's Actors... all the rest are feeding vectors within this Tango!!!
Mangus
@vi-va @Chinese-Dragon @dbc @siegecrossbow @masterchief_mirza @Ace of Spades @PanzerKiel @Signalian @Blacklight @Slav Defence @Shotgunner51 @jaibi @The Eagle @PakSword @BHarwana
Why Xinjiang gets all the US-Love and NOT the PakKashmiris of IoJK?
Obiviously, Geopolitics of the GreatPowers is about Power and using any issue to their advantage... the mantras of Freedom, Liberty and HumanRights ... are just PolicyInstruements same as an ACC.
1 million Iraqi children dead was Worth It !!! - Ms. Albright
Just 19 years short of the TwoCenturies... the FirstOpiumWar!
QingChina running a trade surplus, with its own banking system and massive productivity gains in farming.... it could exist on its own... trading the surplus with EastAsia, SouthEastAsia and CentralAsia was enough for a rich and stable continent sized country!
Unbeknown to the QingChina... the CombinedWest had made IndustrialAdvance ... hence, the ability to impose its Policy through Naval/MilitaryPower...
The CombinedWest was out to conquer the world ... QingChina was happy within, having no need of the without.
Opium for Silver. FairTrade?
To America's credit Americans were only controlling 10% of the OpiumTrade with China while the British ruled the roost with their Opium supply-lines from BritishIndia to ChineseHarbours.
HongKong Taken at GunPoint. HSBC could manifest!
QingChina was ready for Disorder Under the Heavens ... Warlords... one even called himself Jesus's younger-brother ... as he was a convert... Engineered Choas of Hybridwar on the QingChina continued till the CPC chased out the KMT.
[Leaving out the Japanese part out for later]
History Reapting or Not so quite?
"Let China sleep, for when she awakes, she will shake the world" - French General was right on the mark it seems.
Before diving in the new twists and turns of the Last Sino-US Tango and their broader/global implications ... perhaps, it is valuable to revisit the Framing of China by the US and US led CombinedWest:
- CurrencyManipulator.
- UnfairTrader.
- IP Theft.
- Industrial Espionage.
- AsiaPivot.
- Freedom of Navigation Patrols.
- Concerts of Democracies.
- IndoPacificFreedom.
- Quad.
- Human Rights Violator.
- MuslimOppressor.
- SlaveLabourCamps.
- RevisionistPower.
- ExpansionistEmpire.
- Tibet
- Xinjiang
- Democracy in HongKong
- Democracy in Taiwan
>>The question would be silly and useless to pose that why in one place there is so much agony for the lives and freedoms of Muslims and in other places it is not??<<
Why Xinjiang gets all the US-Love and NOT the PakKashmiris of IoJK?
Obiviously, Geopolitics of the GreatPowers is about Power and using any issue to their advantage... the mantras of Freedom, Liberty and HumanRights ... are just PolicyInstruements same as an ACC.
500.000 Iraqi children dead was Worth It !!! - Ms. Albright
It is the Nature of Power to be Dark and Heartless.... it is what it is!
Since, Mr. Cliton's time the Framing of China as a BadActor had been growing proportionally to China's development or better said The Chinese Comprehensive National Strength.
From the 1990s Chinese muted defensive responses to todays tit-for-tat actions a long road has been travelled between the most important Bilateral Relationship in the world.
And here we are racing fast towards the Phase 2 of the Sino-American ColdWar.
Quite frankly, the BemusedObserver was expecting it to go into this 2nd Phase after November this year... but seems like KhooniVirus is, indeed, a Agent of History.
Soon Royal Navy ACC Battle Group will join the Cousins in South China Sea to protect the world oceans from Chinese 'Imperialism' and 'Agression' and to protect, what else, Democracies in the region.
Who knows we might find INS joining in also carrying the Flag of Freedom.
Of course, this is Posturing and Asserting Power by the US led Quad, hanging out near the Chinese shores and calling the Chinese Agressive seems logical!
It is on the surface a Coercion with Naked Naval Power to force the Chinese to Blink First.
For now both sides will try their level best to avoid PhysicalConflict while keep pumping their muscles... NOT for eachother but for the audience in SouthEastAsia and Africa.
Unlike QingChina facing the Naval Armada of the Europeans or Americans... the PRC is more attuned to the Nature of Technology and its Application.
It is NOT About HongKong:
The Hybridwar in HongKong dragged and dragged ... as the TradeWar between America and China was heating up...
Mr. Trump got concessions from China in Phase1 Deal. Hence, it would appear that the Hybridwar would end and things would turn to normal. This was bad judgement from the CPC/PRC!
HongKong is already part of China and all know that it is going to stay that way.
So, why this non-stop coverage of HK 'protestors' and not about PakKashmiris in IoJK?
PakKashmiris were/are calling for their Democratic Rights Granted by UNSC and not some declaration signed between PRC and Britian!
It was/is all about Taiwan!
The Non-stop coverage and scenes of burnings things... police actions... all that jazz was directed at Taiwan and Taiwanese... and it worked!
The good lady got elected for second term in Taiwan and Taiwanese got shocked/scared of the PRC ...thus creating much deeper emtional distance between the province and mainland...
HongKong was/is a Great PysOp and the PRC failed to read it early on.
Now in the Phase 2 of the Sino-US ColdWar TaiwanFront will open for the PRC and PLA.
It is going to be much bigger than HongKong... with Taiwan being forced to choose between the US led CombinedWest and China... as we have seen in case TSMC... a decoupling of Taiwanese Economy from the Mainland might not be that far fetched an idea.
In was surreal way we are back to where we were ... GunBoatDiplomacy... NavalArmada in the Chinese Harbours...
SummerPalace is already burnt... what now?
The US Moves on the Grand Chessboard:
Even before the TradeWar the Chinese Techonolgical Leapfrogging was eating into the established TechnoFeudalHierachy ... and with each passing year the DisruptionFactor of China was growing..
But at the sametime highly leveraged, indebted global corporations were making money out of China operations and could stay afloat or better put could keep the DollarSystem going...
China kept its currency artificially low to keep the magnetic pull of massive-profits for these MNCs going... so apart from soundbites and some visuals a la FONs ... nothing substantial happend or could happen. AsiaPivot or NoAsiaPivot.
The US needed to finance its wars in Kabulistan and Iraq and GWOT ... so nothing substanial could be done... China utilised this US entangelment of quicksands wars... and developed and developed...
NineDashLine became Artificial Islands with PLA troops and instillations... and drilling for Oil n Gas and of course, fishing!
PLAN also became a BlueWaterNavy in this timeframe... from a coastal, brown water navy now boasting two ACC and one soon to come under construction.
We can Frame the US action in any biased manner...but from a BemusedObservation it is just an Existential Struggle for Power...
Who will give up World Power status without a struggle?
The Hurried/Quickening American Actions:
5G and its infrastructure and what is bodes for the IndustrialEconomy 3.0 is lost on no one...
But a Chinese Company becoming the Market/TechLeader and rolling it out in the West or anywhere is a Clear n Present Danger to the TechnoFeudalHierachy that the US has been Leading since the end of WWII.
A Ruthless, take-no-prisoners approach and pressuring everyone/anyone to not use the Huawei 5G tech... forcing TSMC to move to America and cut supply to Huawei or face the music of Sanctions.
Passing Hong Kong Act and related sanctions.... which in fact are directed at the Chinese Banks and will cut them off from the DollarSystem ... is equvilent of MegaTon Nukes in one go.
Although there is a grace period of one year...but that is more for the benefit of American and European/JP/SK banks or DollarSystemBanks than for the benefit of the ChineseBanks.
Xinjiang Sanctions in place. The US is going to put Visa restriction on CPC party memebers and their families... so if some CPC members have stashed wealth in the DollarSystemBanks..they can kiss goodbye to that!
The US, in most clear terms, has now openly challenged the Chinese NineDashLine claim declaring it illegal and void for the US. This after 4 years of the ruling... one wonders why take 4 years for it!!!
On the surface it might appear not to be related to China but the newly announced US Sanctions, Mr. Pompeo worked out some, on NordStream is one big strategic move.
It is even bigger than sending Two ACC Battlegroups to SCS.
Similarly, TurkishStream is coming under sanctions.
These Russian Gas pipeline sanctions are not only going to hurt Russia but Germany and Turkey as well.
Turkey is an Observer at SCO and is an active player in the Med. Libya and Syria! Soon Egypt!!
Germany needs the Nordstream for further integeration of EuropeanUnion and establish itself as the Centre.
Germany is the Chair of EuroPresidency and is working towards EU-China Deal ... which both Europe and China need.
If taken all together the US moves are consolidation of its power by creating Disruption in emerging Geo-Economic Equations which can challenge the US Primacy i.e the DollarSystem.
Mr. BoJo and Mr. Trump/Deepstate want to reshape the EuropeanUnion into their own image... where they keep Germany down and Russia out of Europe!
Quad is Purely an Aglo-Construct ... the same Anglo-Construct that has ruled since WWII ... apart from some French actions in 'French' Africa ... the Anglos are still the Top of Global Power Architecture and they intend to keep it this way.
The Chinese 'Reactions' to American Actions:
On trade deal the Chinese haven't bought anything substantial form the US farmers. Instead it paid more to Brazilian Soy. And still the Chinese purchase is under the agreed levels... this is putting pressure on the AmericanFarmers... the traditional conservative voters.
Tavel sanctions and banking sanctions on the Chinese offiicials was reacted by China by sanctioning a few senators and congressmen. Hence, a rather restrained reaction.
Sanctioning of Boeing is more symbolic...
On HongKong China is moving forward to security law implemtation... and won't care much about what the West has to say.
PLAN did its own exercises in respond to USN but both kept positive distance...again a restrained response from China.
The Sino-Iranian Deal was in the works for sometime now but this is Biggest Reaction from China!
Knowing that the India has gone full Anglo and is full time member of Contain-China-Club ... so move in Ladakh was planned and executed with perfection... exposing the corner-stone of IndoPacificStrategy being unable to utter the word: CHINA!!!
In otherwords, all the investments of the US and its led CombinedWest in India as Counter-to-China or FrontlineState Against China went belly up in GalwanRiver as did the Indian TwoFrontWar Fantasy.
By investing in mega dam projects in Pakistan China in essence has integerated Pakistan into Sino-EconomicShpere as will be Iran soon.
Where is the US Today:
The US economy has been in recession since 2007-8... then the Chinese Massive Stimulus and Infrastructure building pulled the ASEAN and others out of recession, boosting commodity prices... as we have seen in Australia's real estate sector.
But the Fed since then had been QEing to keep the FinancialSystem from Collapse... and in the process have created only debt for the taxe paying Americans who are indebted to their heads.
With the event of $30Trillion Debt coming sooner than later, economic recovery if ever, growing Deficit which will be monitised by the Fed .... 50mln jobless Americans with top 10% holding 80% of the assets/wealth ... the US is now into JapanZone... infinite QE for the Congress Welfare/Re-election projects and keeping the Disconnected Financial Markets inflated with FreeMoney.
The extremely low yield on bonds, rising bankrupties and expanding books on NPLs of major US banks forcing them to have higher LoanProvisions ...
Fed's BalanceSheet expanding... and might cross $10Trillion down the road... Mortgage defaults are increasing... and if the SecondWave of the KhooniVirus hits in the Fall then it could be very dire conditions for common Americans already stressed and now being Woked too!
Comparatively the US banks are a bit better capitalised than EuroZone ones...especially the SouthernEurope ... ECB's going to go on another massive QE binge with ZeroInterestRates.
Japan's Debt to GDP ratio being the Higest in the DollarSystem economies... will remain in this endless QE expansion from BoJ.
DuitsBank holds $44Trillion in Deriviates... has $50+Bln in Captial but its MarketCap is about $10+Bln.... DB is SystemicBank and like other Zombie Corporations in EuroZone is kept alive by the ECB!
Now $1500Trillion Godzilla of Deriviates needs to be kept alive with Cheap/FreeMoney otherwise the entire DollarSystem will collapse and the misery that it will bring to the Entire Planet is unthinkable!
And there is FuturesMarket/Contracts for Gold... coming to fruition soon... the traded volume is so high that it can NEVER be redeemed in PhysicalGold.
At this moment the US and EU are in PrintingMoney and PumpingMoney into the FinancialSystem... withotu audit!!!
With lockdowns and shrunk economies the Velocity of Money has slowed down but the QE is non stop... in other words the Disconnect between The Real Economy and FinancialMarkets has now become unbridgable... creating massive inequalities and social tensions...
The Cleverest Idea of The Masters of the Universe of Financialising Everything/Everyone is the Biggest Bubble in History...which being pumped with infinite QE by the DollarSystem CentralBanks.
This is DEBT.
It needs to be paid back. Keeping the Interests rates low Fed/ECB can make the Servicing of the Debt Cheaper but then the Bonds cann't keep the lower yield forever...
Sometime down the road Interest Rates need to rise to contain the hidden inflation that so much MoneyPrinting has caused... and that will be the Start of Reckoning!
Where is China Today:
China is in a rather tight spot to say the least!
The Chinese Strategy has been to work with the AngloDesignedWorldSystem and gain strength to ever so slowly change it from within... this has helped China to avoid conflicts and keep developing in all areas ... not fully there yet but China has caught up with the West in many areas.
This slow strategy is now has come to an abrupt end because of the US Actions to preserve the US led AngloWorldOrder.
Since, China cann't be like JP or SK or TW ... it makes China automatically a challenger and disruptor of the AngloSystem!
The US deploying the NuclearOption of WeaponisedDollarSystem has China now in a bind that it must untangle... since, many of its big companies have debt obligations for which they need Dollars and the Chinese vast holding of Dollar based Forex are not that vast when seen from the DollarExpulsionStrategy of the US.
Same goes for the T-Bills. Even if China sell them now... it won't make a dent. It will be bought by the FreeMoney!
By not forcefully pushing the internationalisation of Yuan China has to ForceMarch now to achieve this is... at least within its ImportSpectrum... through DigitalYuan.
All of the Chinese loans to other countries need to be converted into Yuan and be redeemed in Yuan as well...but then again Threat of Sanctions from the US to such countries will be a challenge..since, China doesn't have a Parallel to Swift on global scale.
The Target of Decoupling is massive unrest within China and the Decoupling has started in practice with the US sanctions on the Chinese banking sector.
If China de-pegs Yuan from Dollar then its currency will rise making its exports expensive hence retarding its GDP growth.
Post-Pandemic Economic Reset will see massive ripping off of current Global Trading/Financial Architecture ... pushing China to move faster to come up with a counter.. For now no such possibility/policy is visible.
The Chinese Savings need a better outlet than realestate or autos ... herein there is nothing visible in form of an Investment Vehicle which can provide predictable and stable returns... China has not yet fully utilised the SavingsCapital.
Despite being biggest consumer/importer of energy China hasnt been able to create a PetroDollar type system of trading, contracting and account-settling.
To say that China is NOT under extreme pressure would be a folly.
The US has in essence put the DollarSystemGun on the Chinese temple and is waiting for the Chinese Counter move.
It is imperative to recognise that the US is still the Undisputed Leader in MilitaryTechnology and any underestimation of it would be deadly.
However, the US will also not start a ShootingWar with China or Russia despite Pentagon's Fantasies about First Decapitation Strikes...
Unlike the Coldwar 1.0 this Sino-US ColdWar 3.0 is far more complex, far more entertwinted and spread over Eurasia, Americas and Africa.
The US has come to its Last NuclearOption of WeaponisedDollarSystem.
China knew this day will come but on the surface there appears to be no move from China to counter it.
Unlike USSR ... China is the Biggest ConsumerMarket and Biggest TraddingNation, The BiggestCreditor and Techonologically Not that far behind the CombinedWest...
Sancitons on China is the Biggest Gamble by the US.... if it doesn't work... then it shall be the US which killed the DollarSystem!
The War between FinancialCapitalism and ProductionCapitalism is war of Survival of Two Systems.
The BemusedObserver can only watch!
Mangus
PS. Leaving Asia on its own, with its True Sovereignity, is not an option for The Empire!
More BlackSwans and GreyRhinos for every player await. It has begun!!!
@jaibi @Slav Defence @Blacklight @Signalian @PanzerKiel @Shotgunner51 @Chinese-Dragon @siegecrossbow @Deino @dbc @masterchief_mirza @Ace of Spades @LeGenD @Arsalan @PakSword @WebMaster @Horus @krash @Moonlight @vi-va @OldenWisdom...قول بزرگ @StormBreaker @HRK
Worth reading again.Just 19 years short of the TwoCenturies... the FirstOpiumWar!
QingChina running a trade surplus, with its own banking system and massive productivity gains in farming.... it could exist on its own... trading the surplus with EastAsia, SouthEastAsia and CentralAsia was enough for a rich and stable continent sized country!
Unbeknown to the QingChina... the CombinedWest had made IndustrialAdvance ... hence, the ability to impose its Policy through Naval/MilitaryPower...
The CombinedWest was out to conquer the world ... QingChina was happy within, having no need of the without.
Opium for Silver. FairTrade?
To America's credit Americans were only controlling 10% of the OpiumTrade with China while the British ruled the roost with their Opium supply-lines from BritishIndia to ChineseHarbours.
HongKong Taken at GunPoint. HSBC could manifest!
QingChina was ready for Disorder Under the Heavens ... Warlords... one even called himself Jesus's younger-brother ... as he was a convert... Engineered Choas of Hybridwar on the QingChina continued till the CPC chased out the KMT.
[Leaving out the Japanese part out for later]
History Reapting or Not so quite?
"Let China sleep, for when she awakes, she will shake the world" - French General was right on the mark it seems.
Before diving in the new twists and turns of the Last Sino-US Tango and their broader/global implications ... perhaps, it is valuable to revisit the Framing of China by the US and US led CombinedWest:
- CurrencyManipulator.
- UnfairTrader.
- IP Theft.
- Industrial Espionage.
- AsiaPivot.
- Freedom of Navigation Patrols.
- Concerts of Democracies.
- IndoPacificFreedom.
- Quad.
- Human Rights Violator.
- MuslimOppressor.
- SlaveLabourCamps.
- RevisionistPower.
- ExpansionistEmpire.
- Tibet
- Xinjiang
- Democracy in HongKong
- Democracy in Taiwan
>>The question would be silly and useless to pose that why in one place there is so much agony for the lives and freedoms of Muslims and in other places it is not??<<
Why Xinjiang gets all the US-Love and NOT the PakKashmiris of IoJK?
Obiviously, Geopolitics of the GreatPowers is about Power and using any issue to their advantage... the mantras of Freedom, Liberty and HumanRights ... are just PolicyInstruements same as an ACC.
500.000 Iraqi children dead was Worth It !!! - Ms. Albright
It is the Nature of Power to be Dark and Heartless.... it is what it is!
Since, Mr. Cliton's time the Framing of China as a BadActor had been growing proportionally to China's development or better said The Chinese Comprehensive National Strength.
From the 1990s Chinese muted defensive responses to todays tit-for-tat actions a long road has been travelled between the most important Bilateral Relationship in the world.
And here we are racing fast towards the Phase 2 of the Sino-American ColdWar.
Quite frankly, the BemusedObserver was expecting it to go into this 2nd Phase after November this year... but seems like KhooniVirus is, indeed, a Agent of History.
Soon Royal Navy ACC Battle Group will join the Cousins in South China Sea to protect the world oceans from Chinese 'Imperialism' and 'Agression' and to protect, what else, Democracies in the region.
Who knows we might find INS joining in also carrying the Flag of Freedom.
Of course, this is Posturing and Asserting Power by the US led Quad, hanging out near the Chinese shores and calling the Chinese Agressive seems logical!
It is on the surface a Coercion with Naked Naval Power to force the Chinese to Blink First.
For now both sides will try their level best to avoid PhysicalConflict while keep pumping their muscles... NOT for eachother but for the audience in SouthEastAsia and Africa.
Unlike QingChina facing the Naval Armada of the Europeans or Americans... the PRC is more attuned to the Nature of Technology and its Application.
It is NOT About HongKong:
The Hybridwar in HongKong dragged and dragged ... as the TradeWar between America and China was heating up...
Mr. Trump got concessions from China in Phase1 Deal. Hence, it would appear that the Hybridwar would end and things would turn to normal. This was bad judgement from the CPC/PRC!
HongKong is already part of China and all know that it is going to stay that way.
So, why this non-stop coverage of HK 'protestors' and not about PakKashmiris in IoJK?
PakKashmiris were/are calling for their Democratic Rights Granted by UNSC and not some declaration signed between PRC and Britian!
It was/is all about Taiwan!
The Non-stop coverage and scenes of burnings things... police actions... all that jazz was directed at Taiwan and Taiwanese... and it worked!
The good lady got elected for second term in Taiwan and Taiwanese got shocked/scared of the PRC ...thus creating much deeper emtional distance between the province and mainland...
HongKong was/is a Great PysOp and the PRC failed to read it early on.
Now in the Phase 2 of the Sino-US ColdWar TaiwanFront will open for the PRC and PLA.
It is going to be much bigger than HongKong... with Taiwan being forced to choose between the US led CombinedWest and China... as we have seen in case TSMC... a decoupling of Taiwanese Economy from the Mainland might not be that far fetched an idea.
In was surreal way we are back to where we were ... GunBoatDiplomacy... NavalArmada in the Chinese Harbours...
SummerPalace is already burnt... what now?
The US Moves on the Grand Chessboard:
Even before the TradeWar the Chinese Techonolgical Leapfrogging was eating into the established TechnoFeudalHierachy ... and with each passing year the DisruptionFactor of China was growing..
But at the sametime highly leveraged, indebted global corporations were making money out of China operations and could stay afloat or better put could keep the DollarSystem going...
China kept its currency artificially low to keep the magnetic pull of massive-profits for these MNCs going... so apart from soundbites and some visuals a la FONs ... nothing substantial happend or could happen. AsiaPivot or NoAsiaPivot.
The US needed to finance its wars in Kabulistan and Iraq and GWOT ... so nothing substanial could be done... China utilised this US entangelment of quicksands wars... and developed and developed...
NineDashLine became Artificial Islands with PLA troops and instillations... and drilling for Oil n Gas and of course, fishing!
PLAN also became a BlueWaterNavy in this timeframe... from a coastal, brown water navy now boasting two ACC and one soon to come under construction.
We can Frame the US action in any biased manner...but from a BemusedObservation it is just an Existential Struggle for Power...
Who will give up World Power status without a struggle?
The Hurried/Quickening American Actions:
5G and its infrastructure and what is bodes for the IndustrialEconomy 3.0 is lost on no one...
But a Chinese Company becoming the Market/TechLeader and rolling it out in the West or anywhere is a Clear n Present Danger to the TechnoFeudalHierachy that the US has been Leading since the end of WWII.
A Ruthless, take-no-prisoners approach and pressuring everyone/anyone to not use the Huawei 5G tech... forcing TSMC to move to America and cut supply to Huawei or face the music of Sanctions.
Passing Hong Kong Act and related sanctions.... which in fact are directed at the Chinese Banks and will cut them off from the DollarSystem ... is equvilent of MegaTon Nukes in one go.
Although there is a grace period of one year...but that is more for the benefit of American and European/JP/SK banks or DollarSystemBanks than for the benefit of the ChineseBanks.
Xinjiang Sanctions in place. The US is going to put Visa restriction on CPC party memebers and their families... so if some CPC members have stashed wealth in the DollarSystemBanks..they can kiss goodbye to that!
The US, in most clear terms, has now openly challenged the Chinese NineDashLine claim declaring it illegal and void for the US. This after 4 years of the ruling... one wonders why take 4 years for it!!!
On the surface it might appear not to be related to China but the newly announced US Sanctions, Mr. Pompeo worked out some, on NordStream is one big strategic move.
It is even bigger than sending Two ACC Battlegroups to SCS.
Similarly, TurkishStream is coming under sanctions.
These Russian Gas pipeline sanctions are not only going to hurt Russia but Germany and Turkey as well.
Turkey is an Observer at SCO and is an active player in the Med. Libya and Syria! Soon Egypt!!
Germany needs the Nordstream for further integeration of EuropeanUnion and establish itself as the Centre.
Germany is the Chair of EuroPresidency and is working towards EU-China Deal ... which both Europe and China need.
If taken all together the US moves are consolidation of its power by creating Disruption in emerging Geo-Economic Equations which can challenge the US Primacy i.e the DollarSystem.
Mr. BoJo and Mr. Trump/Deepstate want to reshape the EuropeanUnion into their own image... where they keep Germany down and Russia out of Europe!
Quad is Purely an Aglo-Construct ... the same Anglo-Construct that has ruled since WWII ... apart from some French actions in 'French' Africa ... the Anglos are still the Top of Global Power Architecture and they intend to keep it this way.
The Chinese 'Reactions' to American Actions:
On trade deal the Chinese haven't bought anything substantial form the US farmers. Instead it paid more to Brazilian Soy. And still the Chinese purchase is under the agreed levels... this is putting pressure on the AmericanFarmers... the traditional conservative voters.
Tavel sanctions and banking sanctions on the Chinese offiicials was reacted by China by sanctioning a few senators and congressmen. Hence, a rather restrained reaction.
Sanctioning of Boeing is more symbolic...
On HongKong China is moving forward to security law implemtation... and won't care much about what the West has to say.
PLAN did its own exercises in respond to USN but both kept positive distance...again a restrained response from China.
The Sino-Iranian Deal was in the works for sometime now but this is Biggest Reaction from China!
Knowing that the India has gone full Anglo and is full time member of Contain-China-Club ... so move in Ladakh was planned and executed with perfection... exposing the corner-stone of IndoPacificStrategy being unable to utter the word: CHINA!!!
In otherwords, all the investments of the US and its led CombinedWest in India as Counter-to-China or FrontlineState Against China went belly up in GalwanRiver as did the Indian TwoFrontWar Fantasy.
By investing in mega dam projects in Pakistan China in essence has integerated Pakistan into Sino-EconomicShpere as will be Iran soon.
Where is the US Today:
The US economy has been in recession since 2007-8... then the Chinese Massive Stimulus and Infrastructure building pulled the ASEAN and others out of recession, boosting commodity prices... as we have seen in Australia's real estate sector.
But the Fed since then had been QEing to keep the FinancialSystem from Collapse... and in the process have created only debt for the taxe paying Americans who are indebted to their heads.
With the event of $30Trillion Debt coming sooner than later, economic recovery if ever, growing Deficit which will be monitised by the Fed .... 50mln jobless Americans with top 10% holding 80% of the assets/wealth ... the US is now into JapanZone... infinite QE for the Congress Welfare/Re-election projects and keeping the Disconnected Financial Markets inflated with FreeMoney.
The extremely low yield on bonds, rising bankrupties and expanding books on NPLs of major US banks forcing them to have higher LoanProvisions ...
Fed's BalanceSheet expanding... and might cross $10Trillion down the road... Mortgage defaults are increasing... and if the SecondWave of the KhooniVirus hits in the Fall then it could be very dire conditions for common Americans already stressed and now being Woked too!
Comparatively the US banks are a bit better capitalised than EuroZone ones...especially the SouthernEurope ... ECB's going to go on another massive QE binge with ZeroInterestRates.
Japan's Debt to GDP ratio being the Higest in the DollarSystem economies... will remain in this endless QE expansion from BoJ.
DuitsBank holds $44Trillion in Deriviates... has $50+Bln in Captial but its MarketCap is about $10+Bln.... DB is SystemicBank and like other Zombie Corporations in EuroZone is kept alive by the ECB!
Now $1500Trillion Godzilla of Deriviates needs to be kept alive with Cheap/FreeMoney otherwise the entire DollarSystem will collapse and the misery that it will bring to the Entire Planet is unthinkable!
And there is FuturesMarket/Contracts for Gold... coming to fruition soon... the traded volume is so high that it can NEVER be redeemed in PhysicalGold.
At this moment the US and EU are in PrintingMoney and PumpingMoney into the FinancialSystem... withotu audit!!!
With lockdowns and shrunk economies the Velocity of Money has slowed down but the QE is non stop... in other words the Disconnect between The Real Economy and FinancialMarkets has now become unbridgable... creating massive inequalities and social tensions...
The Cleverest Idea of The Masters of the Universe of Financialising Everything/Everyone is the Biggest Bubble in History...which being pumped with infinite QE by the DollarSystem CentralBanks.
This is DEBT.
It needs to be paid back. Keeping the Interests rates low Fed/ECB can make the Servicing of the Debt Cheaper but then the Bonds cann't keep the lower yield forever...
Sometime down the road Interest Rates need to rise to contain the hidden inflation that so much MoneyPrinting has caused... and that will be the Start of Reckoning!
Where is China Today:
China is in a rather tight spot to say the least!
The Chinese Strategy has been to work with the AngloDesignedWorldSystem and gain strength to ever so slowly change it from within... this has helped China to avoid conflicts and keep developing in all areas ... not fully there yet but China has caught up with the West in many areas.
This slow strategy is now has come to an abrupt end because of the US Actions to preserve the US led AngloWorldOrder.
Since, China cann't be like JP or SK or TW ... it makes China automatically a challenger and disruptor of the AngloSystem!
The US deploying the NuclearOption of WeaponisedDollarSystem has China now in a bind that it must untangle... since, many of its big companies have debt obligations for which they need Dollars and the Chinese vast holding of Dollar based Forex are not that vast when seen from the DollarExpulsionStrategy of the US.
Same goes for the T-Bills. Even if China sell them now... it won't make a dent. It will be bought by the FreeMoney!
By not forcefully pushing the internationalisation of Yuan China has to ForceMarch now to achieve this is... at least within its ImportSpectrum... through DigitalYuan.
All of the Chinese loans to other countries need to be converted into Yuan and be redeemed in Yuan as well...but then again Threat of Sanctions from the US to such countries will be a challenge..since, China doesn't have a Parallel to Swift on global scale.
The Target of Decoupling is massive unrest within China and the Decoupling has started in practice with the US sanctions on the Chinese banking sector.
If China de-pegs Yuan from Dollar then its currency will rise making its exports expensive hence retarding its GDP growth.
Post-Pandemic Economic Reset will see massive ripping off of current Global Trading/Financial Architecture ... pushing China to move faster to come up with a counter.. For now no such possibility/policy is visible.
The Chinese Savings need a better outlet than realestate or autos ... herein there is nothing visible in form of an Investment Vehicle which can provide predictable and stable returns... China has not yet fully utilised the SavingsCapital.
Despite being biggest consumer/importer of energy China hasnt been able to create a PetroDollar type system of trading, contracting and account-settling.
To say that China is NOT under extreme pressure would be a folly.
The US has in essence put the DollarSystemGun on the Chinese temple and is waiting for the Chinese Counter move.
It is imperative to recognise that the US is still the Undisputed Leader in MilitaryTechnology and any underestimation of it would be deadly.
However, the US will also not start a ShootingWar with China or Russia despite Pentagon's Fantasies about First Decapitation Strikes...
Unlike the Coldwar 1.0 this Sino-US ColdWar 3.0 is far more complex, far more entertwinted and spread over Eurasia, Americas and Africa.
The US has come to its Last NuclearOption of WeaponisedDollarSystem.
China knew this day will come but on the surface there appears to be no move from China to counter it.
Unlike USSR ... China is the Biggest ConsumerMarket and Biggest TraddingNation, The BiggestCreditor and Techonologically Not that far behind the CombinedWest...
Sancitons on China is the Biggest Gamble by the US.... if it doesn't work... then it shall be the US which killed the DollarSystem!
The War between FinancialCapitalism and ProductionCapitalism is war of Survival of Two Systems.
The BemusedObserver can only watch!
Mangus
PS. Leaving Asia on its own, with its True Sovereignity, is not an option for The Empire!
More BlackSwans and GreyRhinos for every player await. It has begun!!!
@jaibi @Slav Defence @Blacklight @Signalian @PanzerKiel @Shotgunner51 @Chinese-Dragon @siegecrossbow @Deino @dbc @masterchief_mirza @Ace of Spades @LeGenD @Arsalan @PakSword @WebMaster @Horus @krash @Moonlight @vi-va @OldenWisdom...قول بزرگ @StormBreaker @HRK
Excellent effort and analysis!Just 19 years short of the TwoCenturies... the FirstOpiumWar!
QingChina running a trade surplus, with its own banking system and massive productivity gains in farming.... it could exist on its own... trading the surplus with EastAsia, SouthEastAsia and CentralAsia was enough for a rich and stable continent sized country!
Unbeknown to the QingChina... the CombinedWest had made IndustrialAdvance ... hence, the ability to impose its Policy through Naval/MilitaryPower...
The CombinedWest was out to conquer the world ... QingChina was happy within, having no need of the without.
Opium for Silver. FairTrade?
To America's credit Americans were only controlling 10% of the OpiumTrade with China while the British ruled the roost with their Opium supply-lines from BritishIndia to ChineseHarbours.
HongKong Taken at GunPoint. HSBC could manifest!
QingChina was ready for Disorder Under the Heavens ... Warlords... one even called himself Jesus's younger-brother ... as he was a convert... Engineered Choas of Hybridwar on the QingChina continued till the CPC chased out the KMT.
[Leaving out the Japanese part out for later]
History Reapting or Not so quite?
"Let China sleep, for when she awakes, she will shake the world" - French General was right on the mark it seems.
Before diving in the new twists and turns of the Last Sino-US Tango and their broader/global implications ... perhaps, it is valuable to revisit the Framing of China by the US and US led CombinedWest:
- CurrencyManipulator.
- UnfairTrader.
- IP Theft.
- Industrial Espionage.
- AsiaPivot.
- Freedom of Navigation Patrols.
- Concerts of Democracies.
- IndoPacificFreedom.
- Quad.
- Human Rights Violator.
- MuslimOppressor.
- SlaveLabourCamps.
- RevisionistPower.
- ExpansionistEmpire.
- Tibet
- Xinjiang
- Democracy in HongKong
- Democracy in Taiwan
>>The question would be silly and useless to pose that why in one place there is so much agony for the lives and freedoms of Muslims and in other places it is not??<<
Why Xinjiang gets all the US-Love and NOT the PakKashmiris of IoJK?
Obiviously, Geopolitics of the GreatPowers is about Power and using any issue to their advantage... the mantras of Freedom, Liberty and HumanRights ... are just PolicyInstruements same as an ACC.
500.000 Iraqi children dead was Worth It !!! - Ms. Albright
It is the Nature of Power to be Dark and Heartless.... it is what it is!
Since, Mr. Cliton's time the Framing of China as a BadActor had been growing proportionally to China's development or better said The Chinese Comprehensive National Strength.
From the 1990s Chinese muted defensive responses to todays tit-for-tat actions a long road has been travelled between the most important Bilateral Relationship in the world.
And here we are racing fast towards the Phase 2 of the Sino-American ColdWar.
Quite frankly, the BemusedObserver was expecting it to go into this 2nd Phase after November this year... but seems like KhooniVirus is, indeed, a Agent of History.
Soon Royal Navy ACC Battle Group will join the Cousins in South China Sea to protect the world oceans from Chinese 'Imperialism' and 'Agression' and to protect, what else, Democracies in the region.
Who knows we might find INS joining in also carrying the Flag of Freedom.
Of course, this is Posturing and Asserting Power by the US led Quad, hanging out near the Chinese shores and calling the Chinese Agressive seems logical!
It is on the surface a Coercion with Naked Naval Power to force the Chinese to Blink First.
For now both sides will try their level best to avoid PhysicalConflict while keep pumping their muscles... NOT for eachother but for the audience in SouthEastAsia and Africa.
Unlike QingChina facing the Naval Armada of the Europeans or Americans... the PRC is more attuned to the Nature of Technology and its Application.
It is NOT About HongKong:
The Hybridwar in HongKong dragged and dragged ... as the TradeWar between America and China was heating up...
Mr. Trump got concessions from China in Phase1 Deal. Hence, it would appear that the Hybridwar would end and things would turn to normal. This was bad judgement from the CPC/PRC!
HongKong is already part of China and all know that it is going to stay that way.
So, why this non-stop coverage of HK 'protestors' and not about PakKashmiris in IoJK?
PakKashmiris were/are calling for their Democratic Rights Granted by UNSC and not some declaration signed between PRC and Britian!
It was/is all about Taiwan!
The Non-stop coverage and scenes of burnings things... police actions... all that jazz was directed at Taiwan and Taiwanese... and it worked!
The good lady got elected for second term in Taiwan and Taiwanese got shocked/scared of the PRC ...thus creating much deeper emtional distance between the province and mainland...
HongKong was/is a Great PysOp and the PRC failed to read it early on.
Now in the Phase 2 of the Sino-US ColdWar TaiwanFront will open for the PRC and PLA.
It is going to be much bigger than HongKong... with Taiwan being forced to choose between the US led CombinedWest and China... as we have seen in case TSMC... a decoupling of Taiwanese Economy from the Mainland might not be that far fetched an idea.
In was surreal way we are back to where we were ... GunBoatDiplomacy... NavalArmada in the Chinese Harbours...
SummerPalace is already burnt... what now?
The US Moves on the Grand Chessboard:
Even before the TradeWar the Chinese Techonolgical Leapfrogging was eating into the established TechnoFeudalHierachy ... and with each passing year the DisruptionFactor of China was growing..
But at the sametime highly leveraged, indebted global corporations were making money out of China operations and could stay afloat or better put could keep the DollarSystem going...
China kept its currency artificially low to keep the magnetic pull of massive-profits for these MNCs going... so apart from soundbites and some visuals a la FONs ... nothing substantial happend or could happen. AsiaPivot or NoAsiaPivot.
The US needed to finance its wars in Kabulistan and Iraq and GWOT ... so nothing substanial could be done... China utilised this US entangelment of quicksands wars... and developed and developed...
NineDashLine became Artificial Islands with PLA troops and instillations... and drilling for Oil n Gas and of course, fishing!
PLAN also became a BlueWaterNavy in this timeframe... from a coastal, brown water navy now boasting two ACC and one soon to come under construction.
We can Frame the US action in any biased manner...but from a BemusedObservation it is just an Existential Struggle for Power...
Who will give up World Power status without a struggle?
The Hurried/Quickening American Actions:
5G and its infrastructure and what is bodes for the IndustrialEconomy 3.0 is lost on no one...
But a Chinese Company becoming the Market/TechLeader and rolling it out in the West or anywhere is a Clear n Present Danger to the TechnoFeudalHierachy that the US has been Leading since the end of WWII.
A Ruthless, take-no-prisoners approach and pressuring everyone/anyone to not use the Huawei 5G tech... forcing TSMC to move to America and cut supply to Huawei or face the music of Sanctions.
Passing Hong Kong Act and related sanctions.... which in fact are directed at the Chinese Banks and will cut them off from the DollarSystem ... is equvilent of MegaTon Nukes in one go.
Although there is a grace period of one year...but that is more for the benefit of American and European/JP/SK banks or DollarSystemBanks than for the benefit of the ChineseBanks.
Xinjiang Sanctions in place. The US is going to put Visa restriction on CPC party memebers and their families... so if some CPC members have stashed wealth in the DollarSystemBanks..they can kiss goodbye to that!
The US, in most clear terms, has now openly challenged the Chinese NineDashLine claim declaring it illegal and void for the US. This after 4 years of the ruling... one wonders why take 4 years for it!!!
On the surface it might appear not to be related to China but the newly announced US Sanctions, Mr. Pompeo worked out some, on NordStream is one big strategic move.
It is even bigger than sending Two ACC Battlegroups to SCS.
Similarly, TurkishStream is coming under sanctions.
These Russian Gas pipeline sanctions are not only going to hurt Russia but Germany and Turkey as well.
Turkey is an Observer at SCO and is an active player in the Med. Libya and Syria! Soon Egypt!!
Germany needs the Nordstream for further integeration of EuropeanUnion and establish itself as the Centre.
Germany is the Chair of EuroPresidency and is working towards EU-China Deal ... which both Europe and China need.
If taken all together the US moves are consolidation of its power by creating Disruption in emerging Geo-Economic Equations which can challenge the US Primacy i.e the DollarSystem.
Mr. BoJo and Mr. Trump/Deepstate want to reshape the EuropeanUnion into their own image... where they keep Germany down and Russia out of Europe!
Quad is Purely an Aglo-Construct ... the same Anglo-Construct that has ruled since WWII ... apart from some French actions in 'French' Africa ... the Anglos are still the Top of Global Power Architecture and they intend to keep it this way.
The Chinese 'Reactions' to American Actions:
On trade deal the Chinese haven't bought anything substantial form the US farmers. Instead it paid more to Brazilian Soy. And still the Chinese purchase is under the agreed levels... this is putting pressure on the AmericanFarmers... the traditional conservative voters.
Tavel sanctions and banking sanctions on the Chinese offiicials was reacted by China by sanctioning a few senators and congressmen. Hence, a rather restrained reaction.
Sanctioning of Boeing is more symbolic...
On HongKong China is moving forward to security law implemtation... and won't care much about what the West has to say.
PLAN did its own exercises in respond to USN but both kept positive distance...again a restrained response from China.
The Sino-Iranian Deal was in the works for sometime now but this is Biggest Reaction from China!
Knowing that the India has gone full Anglo and is full time member of Contain-China-Club ... so move in Ladakh was planned and executed with perfection... exposing the corner-stone of IndoPacificStrategy being unable to utter the word: CHINA!!!
In otherwords, all the investments of the US and its led CombinedWest in India as Counter-to-China or FrontlineState Against China went belly up in GalwanRiver as did the Indian TwoFrontWar Fantasy.
By investing in mega dam projects in Pakistan China in essence has integerated Pakistan into Sino-EconomicShpere as will be Iran soon.
Where is the US Today:
The US economy has been in recession since 2007-8... then the Chinese Massive Stimulus and Infrastructure building pulled the ASEAN and others out of recession, boosting commodity prices... as we have seen in Australia's real estate sector.
But the Fed since then had been QEing to keep the FinancialSystem from Collapse... and in the process have created only debt for the taxe paying Americans who are indebted to their heads.
With the event of $30Trillion Debt coming sooner than later, economic recovery if ever, growing Deficit which will be monitised by the Fed .... 50mln jobless Americans with top 10% holding 80% of the assets/wealth ... the US is now into JapanZone... infinite QE for the Congress Welfare/Re-election projects and keeping the Disconnected Financial Markets inflated with FreeMoney.
The extremely low yield on bonds, rising bankrupties and expanding books on NPLs of major US banks forcing them to have higher LoanProvisions ...
Fed's BalanceSheet expanding... and might cross $10Trillion down the road... Mortgage defaults are increasing... and if the SecondWave of the KhooniVirus hits in the Fall then it could be very dire conditions for common Americans already stressed and now being Woked too!
Comparatively the US banks are a bit better capitalised than EuroZone ones...especially the SouthernEurope ... ECB's going to go on another massive QE binge with ZeroInterestRates.
Japan's Debt to GDP ratio being the Higest in the DollarSystem economies... will remain in this endless QE expansion from BoJ.
DuitsBank holds $44Trillion in Deriviates... has $50+Bln in Captial but its MarketCap is about $10+Bln.... DB is SystemicBank and like other Zombie Corporations in EuroZone is kept alive by the ECB!
Now $1500Trillion Godzilla of Deriviates needs to be kept alive with Cheap/FreeMoney otherwise the entire DollarSystem will collapse and the misery that it will bring to the Entire Planet is unthinkable!
And there is FuturesMarket/Contracts for Gold... coming to fruition soon... the traded volume is so high that it can NEVER be redeemed in PhysicalGold.
At this moment the US and EU are in PrintingMoney and PumpingMoney into the FinancialSystem... withotu audit!!!
With lockdowns and shrunk economies the Velocity of Money has slowed down but the QE is non stop... in other words the Disconnect between The Real Economy and FinancialMarkets has now become unbridgable... creating massive inequalities and social tensions...
The Cleverest Idea of The Masters of the Universe of Financialising Everything/Everyone is the Biggest Bubble in History...which being pumped with infinite QE by the DollarSystem CentralBanks.
This is DEBT.
It needs to be paid back. Keeping the Interests rates low Fed/ECB can make the Servicing of the Debt Cheaper but then the Bonds cann't keep the lower yield forever...
Sometime down the road Interest Rates need to rise to contain the hidden inflation that so much MoneyPrinting has caused... and that will be the Start of Reckoning!
Where is China Today:
China is in a rather tight spot to say the least!
The Chinese Strategy has been to work with the AngloDesignedWorldSystem and gain strength to ever so slowly change it from within... this has helped China to avoid conflicts and keep developing in all areas ... not fully there yet but China has caught up with the West in many areas.
This slow strategy is now has come to an abrupt end because of the US Actions to preserve the US led AngloWorldOrder.
Since, China cann't be like JP or SK or TW ... it makes China automatically a challenger and disruptor of the AngloSystem!
The US deploying the NuclearOption of WeaponisedDollarSystem has China now in a bind that it must untangle... since, many of its big companies have debt obligations for which they need Dollars and the Chinese vast holding of Dollar based Forex are not that vast when seen from the DollarExpulsionStrategy of the US.
Same goes for the T-Bills. Even if China sell them now... it won't make a dent. It will be bought by the FreeMoney!
By not forcefully pushing the internationalisation of Yuan China has to ForceMarch now to achieve this is... at least within its ImportSpectrum... through DigitalYuan.
All of the Chinese loans to other countries need to be converted into Yuan and be redeemed in Yuan as well...but then again Threat of Sanctions from the US to such countries will be a challenge..since, China doesn't have a Parallel to Swift on global scale.
The Target of Decoupling is massive unrest within China and the Decoupling has started in practice with the US sanctions on the Chinese banking sector.
If China de-pegs Yuan from Dollar then its currency will rise making its exports expensive hence retarding its GDP growth.
Post-Pandemic Economic Reset will see massive ripping off of current Global Trading/Financial Architecture ... pushing China to move faster to come up with a counter.. For now no such possibility/policy is visible.
The Chinese Savings need a better outlet than realestate or autos ... herein there is nothing visible in form of an Investment Vehicle which can provide predictable and stable returns... China has not yet fully utilised the SavingsCapital.
Despite being biggest consumer/importer of energy China hasnt been able to create a PetroDollar type system of trading, contracting and account-settling.
To say that China is NOT under extreme pressure would be a folly.
The US has in essence put the DollarSystemGun on the Chinese temple and is waiting for the Chinese Counter move.
It is imperative to recognise that the US is still the Undisputed Leader in MilitaryTechnology and any underestimation of it would be deadly.
However, the US will also not start a ShootingWar with China or Russia despite Pentagon's Fantasies about First Decapitation Strikes...
Unlike the Coldwar 1.0 this Sino-US ColdWar 3.0 is far more complex, far more entertwinted and spread over Eurasia, Americas and Africa.
The US has come to its Last NuclearOption of WeaponisedDollarSystem.
China knew this day will come but on the surface there appears to be no move from China to counter it.
Unlike USSR ... China is the Biggest ConsumerMarket and Biggest TraddingNation, The BiggestCreditor and Techonologically Not that far behind the CombinedWest...
Sancitons on China is the Biggest Gamble by the US.... if it doesn't work... then it shall be the US which killed the DollarSystem!
The War between FinancialCapitalism and ProductionCapitalism is war of Survival of Two Systems.
The BemusedObserver can only watch!
Mangus
PS. Leaving Asia on its own, with its True Sovereignity, is not an option for The Empire!
More BlackSwans and GreyRhinos for every player await. It has begun!!!
@jaibi @Slav Defence @Blacklight @Signalian @PanzerKiel @Shotgunner51 @Chinese-Dragon @siegecrossbow @Deino @dbc @masterchief_mirza @Ace of Spades @LeGenD @Arsalan @PakSword @WebMaster @Horus @krash @Moonlight @vi-va @OldenWisdom...قول بزرگ @StormBreaker @HRK
US by and large missed the chance to contain China.Neither Trump's way nor Biden's or establishment's way will work.
Trump tries to use populism at the cost of allies' support. So he naturally loses the allies.
Biden can hardly get the US government to pay the allies substantially for fighting China as the US is already on the way to a total bankruptcy.
Neither Trump's way nor Biden's or establishment's way will work.
Trump tries to use populism at the cost of allies' support. So he naturally loses the allies.
Biden can hardly get the US government to pay the allies substantially for fighting China as the US is already on the way to a total bankruptcy.
For the chumpenfuhrer this has nothing to do with "cultivating the support of allies",this is purely about giving orders to his vassals and threatening nasty consequences if they are not obeyed to his satisfaction."Cultivating the support of allies"? Good joke. What the USA does is the opposite kind of thing. She alienates even allies of USA. I can say this as a citizen of Turkey. With this mindset, she will only defeat profusely...