Skip to comments.America Has Lost The Trade War With China, And The Real Pain Has Yet To Begin
Posted on 07/25/2021 2:19:37 PM PDT by blam
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We lost more than the trade war. Total surrender and we never even fired a shot. My Korean War vet father rolls in his grave
My Korean war vet grandfather still draws breath and applauds it. Go figure.
It’s all tied to Taiwan...they are starting to show us why it will be a huge mistake to try to mess with them on on that.
Siding with the reds?
And they own our government.
The downside of “winning” world trade for China.
How did China capture the bulk of world trade? China experienced a huge demographic bonus. What America did over 170 years, moving the bulk of our population from the farm to the city, China did in about 30 years. Suddenly, there was an overstock of available labor. At the same time, China instituted the one child policy. The population pyramid (young at the bottom, old at the top) now looks like a diamond. The demographic bonus was real. But it was also real short. After thirty years of bonus the bulk of their population is in their fifties. China has the most rapidly aging population on Earth. Changing the policy from two to three children has had zero effect. That’s because…hey, communism! Nobody can afford to have even one child now.
Second, the Chinese government has two policies. They manipulate their currency so USD can buy whatever amount of labor is required to take the industrial jobs away from the US. (Or, anywhere else, for that matter.) But doing so has created a level of “rich” poverty in China. Everyone has a cell phone and credit card debt, but the only truly rich people are CCP members. And, even they find it almost impossible to get their wealth to someplace where it won’t implode when the rest of China implodes. The other problem is, Chinese industry isn’t about profit. It’s about employment, because employed people don’t have the time to riot.
All of this mismanagement is having an impact, the end result of which has to be war. Just as Argentina attacked the Falkland’s to take the people’s mind off internal problems, China is attacking the world to create a sense of shared danger…from which only the CCP can protect the Chinese people.
All of this is going to end badly. It would have ended sooner under Trump, and more seafely for America, but even a wholly owned Biden can’t save the Chinese from a hundred years of bad management.
‘mistake’ by China’s standards.
The manufacturing capacity of China today makes Detroit’s hay-day of the 1950-60s look like a local mom and pop tool and die company.
We. Are. Done. It is over. Containerized shipping where one ship can carry 57 miles of containers lined up end to end is an overwhelming trade juggernaut.
The spread of chicom trade goods has infected our culture to the point it is difficult to impossible to find USA made goods and a lot of those goods that are made here have parts that are made in China.
“China is laying siege to the USA by slowing down production and delivery of goods. Semiconductors are just the canary–because the chains are so long and complex”
This article would be more credible if the author knew what he was talking about. China makes very few chips. It’s Korean and Taiwan where those come from.
The “real pain” already began with the Made in China virus. It was the most one sided trade deal of them all.
China releases a pandemic upon the USA and the rest of the world. The USA, thanks to President Trump and Operation Warp Speed, then spends tens a billions of dollars rolling out a cure.
Everything the US does is a mistake by their “standards”.
Did he give a reason why? Just curious.
I don’t blame corporate America very much here. Let’s say 10 companies make widgets here in America. And just one of those companies moves production to China. That one company will be able to drastically undercut the other nine.
So those other nine companies now have a choice. Move production overseas, or go bankrupt.
The real villains are the politicians (D and R) who let this happen.
Americans better WISE UP/
Key swamp demons were making fortunes when they allowed US companies in a number of industries including pharma, computer; and electrical as well metal fabrication components even bicycles relocate their factories in China . To the point where China was our sole supplier.
Shipped here by rats and rinos who owned the boats like McConnell and Finestein.
The money the CCP has now comes from US .If we played our Chinese checkers right we could of really turn things around for the better not only here but in China as well.Check out this recent posting in Free Republic.com which the MSM and social venues will spike; http://www.freerepublic.com/focus/f-chat/3890312/posts. will be stopped by Biden and hailed by Walmart http://www.freerepublic.com/focus/f-bloggers/3920123/posts
Yea, and I should have been more careful wording my comment.
We can’t get people to work.
Much of our food is processed in China.
We are heading for an interesting time. As in I wonder what the rump states of the old US will be like
Just surrender to Winnie the Flu, and we’ll be juuuuuuuust fine. /sarc
But it's "free trade!" The Clinton's, the Bushies and
Obama said it's will be be wonderful for Americans.
And everyone will profit from it. And the world be at peace.
What all of these greedy, traitorous globalists didn't
tell America is that they were turning the USA into
an oriental satrapy of Communist China!
Here is a novel idea...Americans, stop buying Chinese goods. After a while, write consumer contacts for various corporations conveying your displeasure with Chinese produced goods.
It can be done. I do not purchase Chinese goods. I go out of my way to purchase American products. If American products are not available for what I’m looking for, I look for the product made anywhere but China.
Been doing it ever since Walmart got busted relabeling Chinese goods as “Made in USA”. Like 3 1/2 decades ago. lol
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