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Now China has the rare earths supply chain stranglehold the US military industrial combine is crippled.
Study Chinas hisory going back at least to The Opium Wars and from there until the present day and you might understand China today better than you do currently.
Peter Hesslers books on modern China are very good. Enjoy :)
China has won the trade war and now with its supply off refined rare earths cut of buy China the US military-industrial combine has lost its power projection hegemony over the world.
USA can no longer fight a war of any scale and duration...because it cannot make the war materiels required.
End of the petrodollar is imminent.
Trump knows it and so does @Cje95...
https://en.wikipedia.org/wiki/State_capitalism
Trump is now copying China because China has beaten USA at capitalism.
USA cannot fight a war of any scale now because China controls the supply of refined rare earths.
Chinas mixed economy - state capitalism hybrid vigour model of economic and strategic development has won the trade war and contest for global power projection hegemony.
Just take your time to let it sink in...you'll get over it.
Power comes out of the barrel of a gun made with rare earths - and you don't have one.
Not a great business to be in when you have lost the supply of a vital input supply chain.
The reality is that USA cannot make weapons sufficient to fight a war of scale anymore because China will not sell it or any supplier to it the rare earths essential to modern warfare.
China won the trade war and USA lost its military industrial combine hegemony...with that goes the petrodollar and the extraordinary privilege...
You'll just have to get buy selling soybeans and Hollywood dramas...at least its an honest living...poor Uncle Sam.
True but use what you have all in Ukraine and then you are fucked.
A military needs supply lines - USA doesn't have them.
Lol
The US military industrial combine is crippled for the next decade at least without a reliable supply chain of rare earths.
Trumps knows it but hilarious that most US citizens still don't.
Admits to being a parasite.
Dares not leave the snug and secure embrace of the nation state.
Lazy hypocrit.
How is it "symbiotic" if it isn't voluntary?
You are free to leave anytime you please.
Hysterical Libertarian is free to go live outside of the nation state.
But is he insane or suicidal enough to do it?
No hes a hypocrit and parasite leeching off the welath and security the nation state afford his self entitled fat & lazy arse.
Where fiat debt capital issuance is directed by a government in a manner that advances the development of improved wealth and security of its citizens then it can be a good thing.
Where fiat debt capital issuance is largely captured by private bankers who ignore the requirement for fiat capital to be directed toward such purposes then you have a state of crony capitalism that is inequitable and vulnerable to competition from a nation exercising more principled application of fiat capital leverage...
This is in large part how China has won the trade war and crippled the US military.
Parasitic bankers have captured western governments under the neoliberal ideology and the result is the decline and probable fall of western civilisation.
You do not seem to understand the concept of a symbiotic relationship which creates an advantage for the participants.
In this case the symbiotic relationship is a government and its people building an economy that is stronger than competing nations.
You need to understand fiat money can be a potent driver of growth IF it is applied diligently.
It can equally be a wasted and misused mechanism if it results in the allocation of too much capital toward speculative non productive purposes which do not ultimately compensate for the collective debasement of the currency that is incurred.
Because China operates a mixed economy with state direction of strategic capital and a highly competitive private sector and labour market underneath that.
It is a hybrid of socialism and capitalism- state capitalism.
The private sector benefits hugly from such things as low cost electricity
Combining the best of both and demonstrably now out competing the wests crony capitalists.
USA cannot anymore fight a war of any scale because it has lost the ability to produce the materials required to fight a modern war.
Russia is a military proxy to China and can only mount this war because of Chinas support.
China is challenging US hegemony...and USA is on the back foot.
The US centred petrodollar based global financial system is adjusting to the world where USA cannot fight a war of any scale anymore because it cannot make the war materiel required.
Not just refined rare earths but many components.
Neoliberal financialisation crippled the US industrial base and now China holds a dominant position in global supply chains.
Chinas dominance in manufacturing and commodities and power projection capacity logically results in a change to the monetary hegemony that devolves from those positions of dominance.
Bitcoin very certainly is a relevant SoV and alternative MoE in such a scenario.
Only post things that reinforce the Libertarian world view.
Censorship is apparently and emerging part of that worldview.
China has won the trade war but please don't mention it.
US exceptionalists might get upset.
You hold your hands firmly over your ears and head in the sand and screech for censorship of things you dont want to hear.
USA cannot fight a war of any scale for at least the next ten years as it has lost the supply of rare earths essential to manufacture of war materiel.
China won the trade war and the military one without a shot being fired.
Ipso Facto
end of empire.
the petrodollar is going to zero.
The war that is already underway between China and the US for global hegemony via multiple proxies - see the middle east, Ukraine, Venezuela, Cambodia, Myanmar, Russia, Iran, Africa!
See also China leading on multiple strategic technologies and supply chain fronts.
You didn't notice? Oh dear.
USA is on the backfoot now with its military industrial combine crippled by its lack of secure rare earths supply chain.
China won the trade war and now seeks global hegemony and supremacy over the decaying US imperialists- and it looks like they might gain it.