We’ve reported for months that President Trump had the US in the position that it could only win in a deal with China and this was the case. The US economy was on fire – more Americans were working than ever before, unemployment was at 50 year lows, wages were way up and the stock market was at record highs. But China was moving in the opposite direction.
The problem for China was that its economy is what helped the regime stay in power and it was collapsing. China needed a deal with the US. The country had given away millions in deals around the world and it had overbuilt at home.
Then President Trump came and slowly moved business from China to other countries through various actions including tariffs. China was no longer the leader of the world. It’s GDP was reduced to almost half of that of the US and it was in real economic trouble.
As we reported in a post in August 2019, President Trump recognized that China was in an all out war with the US in regards to information and economics. For years Western leaders did nothing but negotiate into weak positions, never standing up to the Communist Chinese regime.
Former US Presidents treated China like they did Russia 50 years ago, as their superior, always giving them what they wanted and never standing up to their abuse and criminal acts. President Trump knew that China needed the US but the US didn’t need China. President Trump preached manufacturing in the USA and trade deals that made sense.
The more pressing issues for China surround real estate, in a manner similar to the US in 2008. As China grew, it invested in its infrastructure and in addition, it invested in large housing projects throughout the country.
These efforts helped bolster China’s already fast growing economy. The problem was that China over invested in these random properties all over China and these properties today remain empty.
The amount of debt related to China’s over development is massive. The total amount is unknown with S&P estimating the amount not reported by local communities and banks being over $6 trillion
We’ve said for nearly a year that China’s financial crash may make the 2008 crash in the US look small. The implications would no doubt impact the entire world but we never saw China’s response coming.
Accurate data coming from China is just not available on nearly everything as we are learning every day but we do know that a coronavirus was unleashed in China near Wuhan in Hubei province sometime in late 2019. This virus created a worldwide pandemic and panic and within a couple months has totally destroyed the world’s economies.
Was the China coronavirus an Act of War? We know China is in an informational and economic war with the US. The unleashing of the China coronavirus destroyed the US economy! Millions of Americans have lost their jobs. Small and large businesses have been destroyed. American’s life savings, at their peak a few weeks ago, have vanished.
China now has the audacity to complain about the coronavirus being labeled as the ‘China coronavirus’. China even accused the US of starting the virus. Outrageous!
By unleashing the coronavirus and destroying the entire world’s economy, the China regime maintains a hold over the people in China and claims its economic woes are due to the coronavirus. The regime can also say it is no worse than all the other countries around the world.
US media and politicians who repeat China’s talking points are creating treason and should be treated as such. This clearly was an economic Act of War and should be treated as such. China should pay for this debacle and apologize to the US and the world.GO READ THE WHOLE THING.
AND THEN THERE ARE THE PEOPLE WHO ARE HELPING CHINA, LIKE DR. FAUCI W(HO CONSIDERS TEDROS, THE COMMUNIST LEADER OF THE WHO, TO BE A FRIEND):
4 comments:
Meet Your New Master: Blackrock’s Larry Fink - call Congrees, the toll-free Capitol Switchboard is (1-866-220-0044) demand Congress prohibit US military & US government civilian retirement funds from being invested in Red China by Blackrock’s Larry Fink http://conservativehq.com/node/32251
https://twitter.com/RichardViguerie/status/1245744034473279489
A week ago,@IHME_UW’s model showed that NY will need 10,839 ICUE beds by today. The number for yesterday is 3,396!
The model is off on the dark side by 320% a week out! NY made NO new major lockdown changes since before the model. The WH is using these clowns to set policy!
https://twitter.com/YossiGestetner/status/1245754713473265665
The globalist Rhodes scholar Dr. Christopher Murray - who works for Gates - used garbage data? Say it isn't so.
https://twitter.com/RichHiggins_DC/status/1245749421935136769
Anonymous,
A week ago,@IHME_UW’s model showed that NY will need 10,839 ICUE beds by today. The number for yesterday is 3,396!
I've been reading about those discrepancies.
So much "bad stuff" is happening right now that I can't wrap my mind around it.
Diana West
@diana_west_
I feel really ill
https://twitter.com/diana_west_/status/1245836730881552387
Post a Comment