An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Friday, May 25, 2018
Here's When China Will Win The Arms Race With The US, And How BofA Is Trading It
Spoiler: 2038 or before. If the world is still around then.
“The trade war of 2018 is the first stage of a new arms race between the US & China to reach national superiority in technology over the longer-term via Quantum Computing, Artificial Intelligence, Hypersonic Warplanes, Electronic Vehicles, Robotics, and Cyber-Security.”
The USA has already lost all these races, since the USA's leaders are only interested in technology that accelerates their drive to make more money from money. Their insatiable greed has already hollowed out the USA, and it is accelerating America’s extinction, faster and faster. The good news is that when we go, Israel will go. Nothing can stop this, since nothing can stop the bankers’ insatiable greed. The cancer is far too advanced.
“The China First strategy will be met head-on by an America First strategy.”
No. There is no America first strategy. There is only a financial greed-first strategy. A bankers-first strategy. A neoliberalism-first strategy.
Besides, “America first” means nationalism, which the globalist bankers and financiers regard as evil. Moreover the USA’s massive military spending does not equate to a superior military. Most of that spending is pocketed by the countless parasites that suck from the MIC.
“China is set to overtake the US economy by no later than 2032 in military strength and global influence as well.”
When the USA talks about an “economy,” the USA includes debt slavery and extractive rents, which are economy killers, not economy strengtheners. Therefore China’s real economy may already be larger than the USA’s.
I suspect that it is. China is a monster. I lived in India for 2.5 years, and I remember that throughout all of Asia, China was a factor in every issue and every question. No matter what country was involved, the conversation always ended with, "And how will China react?"
China's power was almost palpable throughout all of Asia.
“The trade war of 2018 is the first stage of a new arms race between the US & China to reach national superiority in technology over the longer-term via Quantum Computing, Artificial Intelligence, Hypersonic Warplanes, Electronic Vehicles, Robotics, and Cyber-Security.”
ReplyDeleteThe USA has already lost all these races, since the USA's leaders are only interested in technology that accelerates their drive to make more money from money. Their insatiable greed has already hollowed out the USA, and it is accelerating America’s extinction, faster and faster. The good news is that when we go, Israel will go. Nothing can stop this, since nothing can stop the bankers’ insatiable greed. The cancer is far too advanced.
“The China First strategy will be met head-on by an America First strategy.”
No. There is no America first strategy. There is only a financial greed-first strategy. A bankers-first strategy. A neoliberalism-first strategy.
Besides, “America first” means nationalism, which the globalist bankers and financiers regard as evil. Moreover the USA’s massive military spending does not equate to a superior military. Most of that spending is pocketed by the countless parasites that suck from the MIC.
“China is set to overtake the US economy by no later than 2032 in military strength and global influence as well.”
When the USA talks about an “economy,” the USA includes debt slavery and extractive rents, which are economy killers, not economy strengtheners. Therefore China’s real economy may already be larger than the USA’s.
I suspect that it is. China is a monster. I lived in India for 2.5 years, and I remember that throughout all of Asia, China was a factor in every issue and every question. No matter what country was involved, the conversation always ended with, "And how will China react?"
China's power was almost palpable throughout all of Asia.
Konrad: I couldn't agree more with everything you say. It is if some of the people who write these articles are completely blind to what is happening.
ReplyDelete