But the second half may interest you more, where Max interviews Dan Collins of the China Money Report who has just come back from China to set up businesses again in the US citing Trump's 21% corporation tax as the reason. He says that manufacturing will now pour back into the US creating good jobs for Americans. Manufacturing is now all about robotics with self learning machines, says Dan Collins, and every leading country will need this important industry.
Dan Collins also talks about how China gamed the system by saying that they were still a third world country so they needed a 25% tax tariff on American made products while the US could only put a 2% tariff on Chinese made products. But China is now world leading economy, says Dan Collins, and Trump is levelling the playing field.
Max mentions China's social credit system where people can get a bad social credit rating and then not be allowed to use airports, or go on buses, etc, which sounds very Orwellian until you realise that in America they just lock everyone they don't like up instead and turn into slaves, so maybe China's system is more humane. It's funny how we tend to see the 'other side' as more sinister than ourselves.
Dan Collins does mention, though, how the US it's fast learning from China how to police the internet.
In this episode of the Keiser Report, Max and Stacy discuss the mass, collective overdosing by residents of New Haven, Connecticut, and the collapse of institutions that created the environment for it. In the second half, Max interviews Dan Collins of TheChinaMoneyReport.com about why, after twenty years in China, he has moved back to America. They discuss the ongoing trade war, which he says Trump is winning, and about the chances for a hot war erupting out of the China containment policy.
Max mentions China's social credit system where people can get a bad social credit rating and then not be allowed to use airports, or go on buses, etc, which sounds very Orwellian until you realise that in America they just lock everyone they don't like up instead and turn into slaves…
ReplyDeletePartially the case. There are several other factors, notably the no-fly list, credit, and bank accounts.
1. Many people on the no fly-list have no idea why and there is no recourse.
2. If one doesn't have credit or has bad credit, a lot of doors are closed.
3. One cannot even get s bank account without a gaggle of id.
A lot of people at the lower end of the social scale are affected by 2 and 3.
“It's funny how we tend to see the 'other side' as more sinister than ourselves.“
ReplyDeleteIt’s funny how you guys are all nuts..
US prisons provide slave labor to corporations like Verizon and ATT among many others.
ReplyDeleteMany "jobs" are essentially indentured servitude financed by the government - example: WalMart employees who survive on food stamps, housing assistance, and Medicaid. Every WalMart store has a person whose job it is to assist employees in getting these "benefits".
The police and courts have monetized minor offenses into punitive against the lower economic classes such that unpaid fines mount with interest and penalties (they must have learned this from CC companies).
Fully half the country does not have $1,000 in the bank for emergencies let alone "savings". Real poverty is rampant. Many children get their only real daily meal in public schools. Meanwhile money-handlers the likes of Franko bask in scraping profit off the backs of others, never doing an honest days work in their lives.