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Showing posts with the label China

No Surprise: China Wins!

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China had all the leverage. When Trump made an absolute fool of himself by levying the highest tariffs in history on a nation possessing equal financial and military power as the United States, the deranged and senile old man actually believed he would be victorious in his trade war. On Monday, it was revealed that he failed once again. Both nations agreed to a 90-day pause in retaliatory tariffs, but the damage is irreparable. This ludicrous and historical 145 percent tariffs on imports from China would have been laughable if they were not a disastrous policy implemented by an ignorant old man inflicted with malignant narcissism. Regardless of what happens over the next few months, Trump has added “economic moron” to his resume. The truth is, with the stock market in steep decline, and protests occurring every day across America, Trump capitulated. As it was between 2017 and 2021, the West Wing is in turmoil. There is now an internal civil war within what was once the Grand Old Party....

It Has Become a Tale of the Bully vs a Man with True Power

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Anyone who understands the intricacies of international economics will tell the same story: tariffs are a bad idea and generally ineffective. Tariffs are the enemy of free trade, a system which encourages and enables economic growth among all nations. However, your ignorant president, who knows nothing about anything with the exception of failing at every business venture he attempted, loves the idea of increasing prices on everything for his nation’s people, the same people he promised to better their lives by ending Greedflation. Although Trump has partially reduced most of his moronic ideas, he continues to bully China. Big mistake. Unlike Trump, President Xi is a very powerful and very rich man. He will not back down from a man he knows is extremely inferior to himself. Although your mainstream media fails to offer the American people the entire truth, I will tell you about Trump’s extreme disadvantage. America is in debt. Thanks to the fiscal policy of trickle-down economics, used...

What our Government, the Media, and the Right-Wing Propaganda Machine Won’t Tell Us About China

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Op-ed by TheWiseOldFart   Throughout the four years of Trump’s reign of terror we constantly heard negative rants about “Jina.” I am not unaware, and there are many issues which disgust me about the government of the most populous nation in the world. However, a great leader finds the ability to make our enemies our allies. Not Trump. The United States and China are the two richest nations, but also the greatest polluters in the world. Both nations are guilty of poisoning our atmosphere with carbon emissions. The American press is quick to blame China for the its part in this very important issue, but never criticize our own failure to take serious action and lessen or end climate change. We must take responsibility for our failures and stop blaming others. So it should be of no surprise to you that the mainstream media fails to report positive efforts from China to lower their part in carbon emissions. I am a believer in two things above all else which identify men and women and t...