October 18, 2021
As I ponder crisis after crisis that are self-inflicted--The China conundrum is one of the most serious.As you all know we have allowed China (as a "Third world country") to thrive. Through the years they in turn provided us with cheap labor (and not well made, cheap goods). The latter also ensures built-in obsolescence which ALSO benefits China.
In fact --American consumers have allowed China to indeed--thrive. The USA? Not so much except to enjoy cheap goods.
This brings me to Taiwan--and issue now that portends conflict. And I have no illusions that the Biden administration can handle it well. They won't.(And GD knows most probably Biden can be blackmailed easily by both the Chinese and the Russians).
But in truth China still needs us as a trading partner even more than we need them (or at least that was the case during Trump's presidency)--ESPECIALLY as Trump was well on the way to incentivizing "Made in America".
Most importantly computer chips and our pharmaceuticals and drugs.
But the latter is very important to note. Because China discovered with Covid --that "germ warfare" is way easier than "nuclear"-won't cause their demise in retribution and they can claim innocence while The WHO believes them and Biden refuses to point the finger at them.
So as we fear a "war" with China--I think China knows that they have a more insidious treacherous option. It helped them get rid of their foe-DJT--and usher in the "Idiot in Chief"-Biden.
COVID proved very successful.
Tim adds:
"The greatest victory is that which requires no battle.†Sun Tzu.
Posted by: Timothy Birdnow at
11:31 AM
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Posted by: Dana Mathewson at October 19, 2021 05:27 PM (6H7jI)
Posted by: Timothy Birdnow at October 20, 2021 07:21 AM (hLjuC)
Posted by: Nishaknapp at October 20, 2021 07:32 AM (+fTfS)
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