Posted on 02/16/2020 5:26:36 PM PST by ProtectOurFreedom
“If China as a global manufacturing center poops out, how many new jobs will be created here? In the summer run up to the election.”
Agree...could be quite a lot. But the jobs, initially, won’t be producing anything...so I’m not sure it will show up in GNP.
(although I’m far from an expert here)
I’ll throw this out there for opinion...
Could the Chinese be faking the severity of the virus to tank the US stock market?
“I hadn’t heard that stat. I’ve been wondering when labor shortages are going to hit critical infrastructure - water, sewage plants, natural gas, electric power, coal deliveries, transportation networks, industrial plant output...Is this the start of that perhaps?”
JP Morgan thinks it’s more related to power production...in other words, there’s no need for the coal at the plants. But, so far, even in Wuhan, basic utilities seem to keep running, and that makes me think that we might be ok there (well, until our power plants need replacement parts, only made in you-know-where).
Win? Do you understand how “voting” works in China?
https://en.wikipedia.org/wiki/Elections_in_China
Elections in China are based on a hierarchical electoral system, whereby local People’s Congresses are directly elected, and all higher levels of People’s Congresses up to the National People’s Congress (NPC), the national legislature, are indirectly elected by the People’s Congress of the level immediately below.[1] The NPC Standing Committee may partially alter laws passed by the NPC when the NPC is not in session, which is significant since the Standing Committee meets more frequently than the NPC.[2]
Governors, mayors, and heads of counties, districts, townships and towns are in turn elected by the respective local People’s Congresses.[3] Presidents of people’s courts and chief procurators of people’s procuratorates are elected by the respective local People’s Congresses above the county level.[3] The President and the State Council are elected by the National People’s Congress, which is made of 2980 people.
Party system
Officially, China is a multi-party socialist state under the leadership of the Communist Party of China (CPC). There are a small number of independent candidates for people’s congress, particularly in neighborhoods of major cities, who sometimes campaign using weibos posted on the internet.[28][29]
Although there is no legal requirement for either membership in or approval by the Communist Party, in practice the membership of the higher people’s congresses and people’s governments are largely determined by the Party.[30] Independent candidates are strongly discouraged and face government intervention in their campaigns.[31] In practice, the power of parties other than the Communist Party of China is eliminated.[29] Because none of the minor parties have independent bases of support and rely on Communist Party approval for appointment to positions of power, none have the capacity to serve as a true opposition party. Whereas there are Communist Party Committees in People’s Congresses at all levels, none of the other parties operate any form of party parliamentary groups. In order to represent different segments of the population and bring in technical expertise, the CCP does ensure that a significant minority of people’s congress delegates are either minor party members or unaffiliated, and there is tolerance of disagreement and debate in the legislative process where this does not fundamentally challenge the role of the Communist Party.
Communist Party regulations require members of the People’s Congresses, People’s Governments, and People’s Courts to implement CPC recommendations (including nominations) pursuant to the CPC Regulations on the Selection and Appointment Work of Cadres of Both CPC and Government Organs.[30]
Elected leaders remain subordinate to the corresponding CCP secretary, and most are appointed by higher-level party organizations.[30] Furthermore, while legally responsible for the oversight of the administration, it is difficult for a person in a people’s congress without party support to exercise effective control or power over the administration of the executive at a given level.
snips
Later
Noticed some empty racks of dog meds at Walmart. May check back Tuesday.
RummyChick,
I think I have figured out one plausible reason for the Communist Chinese to loose the Corona Virus on their own population.
It sounds like a conspiracy theory, but given the nature of Communist Leadership, it is plausible.
What if the Communist Chinese realized that President Trump had them in a box that they knew they could not get out of using normal trade theory or any other non-violent means?
What if, given the total disregard the Communist Chinese have for human life, including those they control, they decided to let loose, by “Accident” of course, a virus they knew would target their Asian population primarily, and would lead to the death of myriads of people, give them the excuse to quarantee a good part of their country, and shut-down their economy?
What if by shutting down their economy, they shut down the free-flow of goods to the US that they are the primary producer of, such as pharmaceutical items, etc.?
The Chinese might surmise by doing this they could bring Trump, and the US, to it’s knees, and get rid of Tarriffs, destroy our market economy (including the Stock Market), and influence the national election to such extent that their kissing cousins the Democrats gained control of either the Senate or the Presidency, or even both?
In the vid, the trees have leaves on them.
It’s winter in Wuhan.
That vid wasn’t taken recently.
I wish you could share more with us.
If I had to go buy ONE thing before the shelves go bare, what would it be?.....serious question...
Bingo! We have a week, maybe two? Then empty shelves.
It takes a long time to build new factories, hire people and management, acquire production machinery, install it, debug it, get it in operation. I can’t see U.S. firms filling the slowing supply chains for a while. And CFOs need assurance that it isn’t a one-time blip they are getting suckered into. If this thing runs it course in months to a year and China resumes production, do U.S. firms want to get stuck with expensive factories that can’t compete on the global stage?
There has to be lots of quantitative risk analysis and educated guesswork going on in Executive Staff meetings and Board meetings all over the country right now.
Or could the U.S. intel community be somehow faking the Chinese epidemic to attack Trump?
These seem rather far-fetched, especially because we have the on-the-ground first-hand video reports by Chinese men who have since disappeared. But maybe those are deep fakes?
The mind reels!
I’d elect to stock up on lots of ibuprofen and/or acetaminophen.
I’ve been using “First Defence” this year after getting a recommendation on FR about six months ago. Seems to work. It’s made in Germany; sold in UK; available on Amazon.
“The Chinese might surmise by doing this they could bring Trump, and the US, to it’s knees, and get rid of Tarriffs, destroy our market economy”
Okay, but with what leverage if there’s nothing to barter because their manufacturing has been ground to a halt, and there are no products to blackmail us for? Just trying to wrap my brain around your theory.
Why not manufacture a bioweapon that would kill more white people than Asians? Of course, they may have been working on that, but it got loose before they could perfect it.
All good points.
Just trying to get into the mind of a Communist Chinese Premier and his governing underlings to try and understand a less than natural reason for this occuring.
Sounds familiar.
True, and if the democrats ever get control of both houses of Congress along with the Presidency, or even a typical Pussy Vichy Republican it'll seem even more familiar in one party State USSA.
“The Chinese might surmise by doing this they could bring Trump, and the US, to it’s knees, and get rid of Tarriffs, destroy our market economy (including the Stock Market), and influence the national election to such extent that their kissing cousins the Democrats gained control of either the Senate or the Presidency, or even both?”
I’ve thought about that too, but this may well play into Trump’s hands, due to both the Democrat Party and the old guard of the Republican Party are now both Globalists, with Trump and his supporters standing alone against Globalism.
Having said that, you could still be right, in that people outside of us political junkies may not even know just how Globalist the Democrat Party has become...so it could be that the Chinese were trying to help them.
One thing working against your theory, though, is the lack of a coordinated, or in fact, any Democrat/media response/attack on Trump due to this virus. In the past, the Democrats would have flooded the airwaves attacking Trump the moment the first person in China got the sniffles. This time they’ve been virtually silent...it’s weird, and scary.
“I can’t see U.S. firms filling the slowing supply chains for a while. And CFOs need assurance that it isn’t a one-time blip they are getting suckered into. If this thing runs it course in months to a year and China resumes production, do U.S. firms want to get stuck with expensive factories that can’t compete on the global stage?”
Exactly. Steve Bannon had a guy on who makes surgical masks. He’s the last US producer, and he has 7% of the market, obviously not in a position to quickly make up for the other 93%. But he could ramp up over the next several months, but he won’t. He’s did it once due to SARS, when Asia cut off our imports to use their production locally. Then Asia starting exporting again, and all his customers immediately dropped him for the cheaper Asian suppliers. He was literally in tears talking about the 150 people he was forced to fire...he said “Never Again”...this time, if people want him to ramp up, the government has to protect him from that form of dumping, or no dice.
The GOOD THING was that it was Steve Bannon talking to him...someone who has Trump’s personal phone number.
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