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USA vs Communist China

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Custard

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USA vs Communist China
« on: April 13, 2025, 06:10:33 PM »
For those of you openly cheerleading China while we address our trade imbalance and other issues with them, do you think what they’ve been doing recently has been fair to us? Stealing IP, undercutting us everywhere, refusing our goods, all while bring a brutally oppressive and genocidal regime? These are the guys you’re backing?

As I’ve said for years, Russia isn’t who we should be worried about, it’s the Chinese, but Chinese sympathizers, typically on the left here, have done a great job of running obfuscation to keep people focused on Russia while China lies, cheats, and steals. Meanwhile the stupid Ukraine proxy war we’ve spent some too-high number of billions on has only served to strengthen ties between Russia, NK, and China.

Also, why should we remain dependent on SE Asia/China for goods that are crucial to our own economy and national defense? Covid and the Biden years exposed how over-reliant we have become, and there has to be a balance between access to cheap goods made in Asia and domestic production. We have essentially ceded production of lots of vital goods to nations we aren’t even friends with.
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alum74

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Re: USA vs Communist China
« Reply #1 on: April 13, 2025, 06:36:58 PM »
First of all, both China and Russia need to be confronted simultaneously on a host of economic and security issues. 

As to China, what's the best way to do that?   How about we start a stupid global trade war that alienates our friends and allies.  Great plan!

https://www.reuters.com/world/asia-pacific/south-korea-china-japan-agree-promote-regional-trade-trump-tariffs-loom-2025-03-30/

https://www.reuters.com/world/trade-crisis-china-courts-eu-hedge-against-trump-2025-04-11/

https://www.politico.com/news/2025/03/27/carney-says-tariffs-force-new-era-for-canada-u-s-ties-00254857



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murphstahoe

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Re: USA vs Communist China
« Reply #2 on: April 13, 2025, 08:26:24 PM »
Quote from: Custard on April 13, 2025, 06:10:33 PM
For those of you openly cheerleading China while we address our trade imbalance and other issues with them, do you think what they’ve been doing recently has been fair to us? Stealing IP, undercutting us everywhere, refusing our goods,

That is why the world's largest company is called "Chinvidia", which stole IP from a US firm called "Nvidia". Among other things they also made some phone calls to Donald Trump to put a ban on China buying chips from "Nvidia" so they could refuse them.
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ThePAMan

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Re: USA vs Communist China
« Reply #3 on: April 14, 2025, 07:52:26 AM »
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Somewhere in Mn

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Re: USA vs Communist China
« Reply #4 on: April 14, 2025, 08:49:51 AM »
Paywalled, so all I get to see is "Something strange is happening in the US ...."

Something strange is happening in the UK.

https://x.com/i/status/1911385165319840087
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Somewhere in Mn

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Re: USA vs Communist China
« Reply #5 on: April 14, 2025, 10:24:04 AM »
Oh no. More chaos in the markets.

https://x.com/i/status/1911097429253841028
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Custard

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Re: USA vs Communist China
« Reply #6 on: April 14, 2025, 10:59:23 AM »
Quote from: No one in Mn on April 14, 2025, 10:24:04 AM
Oh no. More chaos in the markets.

https://x.com/i/status/1911097429253841028

Pretty clear who it’s working on 😬
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illiniray

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Re: USA vs Communist China
« Reply #7 on: April 14, 2025, 12:35:22 PM »
Speaking of China, my opinion is they can win by getting rid of what remains  of communism and returning to their diverse cultural heritage.

Along those lines, I noticed the Shen Wun commercials. It looked intriguing. Sadly, this is associated with the phony Buddhist sect Falun Gong.

Falun Gong allegedly teaches strange nonsense like different heavens for different races; so mixed race people can't go to heaven and will die in some sort of limbo..

The same sect also publishes the fake news right wing newspaper the Epoch Times.
« Last Edit: April 14, 2025, 12:47:00 PM by illiniray »
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Custard

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Re: USA vs Communist China
« Reply #8 on: April 14, 2025, 12:38:24 PM »
What better way to get rid of communism than to crush them economically then helping them rebuild as a more capitalist democracy. You older fellas here might remember previous instances of us doing that.
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alum74

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Re: USA vs Communist China
« Reply #9 on: April 14, 2025, 01:21:49 PM »
Quote from: ThePAMan on April 14, 2025, 07:52:26 AM
https://www.telegraph.co.uk/business/2025/04/13/these-unusual-market-moves-trust-dollar-may-be-breaking/

May want to retitle the thread to USA v. World Investors.

I don't know if people fully understand the consquences of the U.S $ losing world reserve currency status.  It would mean higher (probably much higher) interest rates and the loss of the U.S government to borrow virtually freely.  It would result in most  Americans being poorer due to the decline in the value of the U.S $ (relative to every other currency) and the higher interest rates.  The U.S. would never ever come back from this kind of thing all the way.
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alum74

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Re: USA vs Communist China
« Reply #10 on: April 14, 2025, 01:48:01 PM »
Quote from: Custard on April 14, 2025, 12:38:24 PM
What better way to get rid of communism than to crush them economically then helping them rebuild as a more capitalist democracy. You older fellas here might remember previous instances of us doing that.

Yeah, that worked out real well with Russia.  Still an authoritarian state; unfortunately, something that Trump admires.  No thanks.

And there is zero reason to assume that Trump will prevail.  He should have stuck to a trade war with just China.  It's still stupid but at least he would have a somewhat united country and have workable partners.  Not give your foe and would-be allies common interests.

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Somewhere in Mn

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Re: USA vs Communist China
« Reply #11 on: April 14, 2025, 02:00:47 PM »
2-3 years ago there were stories about the possibilities of the US losing it's reserve currency status due to Biden's policies.
Actually we don't know whose policies they were.

Neither one seemed to cause much hand-wringing.
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murphstahoe

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Re: USA vs Communist China
« Reply #12 on: April 14, 2025, 02:06:03 PM »
Quote from: alum74 on April 14, 2025, 01:48:01 PM
Yeah, that worked out real well with Russia.  Still an authoritarian state; unfortunately, something that Trump admires.  No thanks.

And there is zero reason to assume that Trump will prevail.  He should have stuck to a trade war with just China.  It's still stupid but at least he would have a somewhat united country and have workable partners.  Not give your foe and would-be allies common interests.

A trade war with China? We lose. Americans are far less willing to take the pain of such a war than the Chinese people, and Xi knows it. They rely on what? Soybeans? Our entire economy relies on the Chinese supply chain.
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ridingthegrange

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Re: USA vs Communist China
« Reply #13 on: April 14, 2025, 02:30:18 PM »
Quote from: Custard on April 14, 2025, 12:38:24 PM
What better way to get rid of communism than to crush them economically then helping them rebuild as a more capitalist democracy. You older fellas here might remember previous instances of us doing that.

If we're trying to crush the commies, why cede the entire African continent to them?  Some of USAID handouts didn't pass the front page test but, if one's angling for the inside track on natural resources, you have to grease a few palms over there.  Trump's an expert in this type of transactional diplomacy.
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Somewhere in Mn

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Re: USA vs Communist China
« Reply #14 on: April 14, 2025, 03:15:22 PM »
"Long before the Biden administration came to be, and President Joe Biden pushed green energy credits in his Build Back Better spending plan this year, Hunter Biden helped grease the wheels for a Chinese business to buy up key rare-earth minerals used in batteries for electric vehicles.

The New York Times reported Saturday that Hunter Biden was part owner in an investment firm that was involved in a Chinese conglomerate’s $3.8 billion purchase of one of the world’s largest cobalt deposits in the Democratic Republic of Congo."
https://miningconnection.com/surface/news/article/ny_times_uncovers_hunter_biden_ties_to_chinese_company_buying_congo_cobalt/

Fortunately, Joe said he didn't know anything about Hunter's business ventures and there was little, if any, hand-wringing.
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