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Menu There is no diplomatic solutionIsrael should declare three nos;
no to nuclear Iran, no to two-state solution, no to bi-national state
no to nuclear Iran, no to two-state solution, no to bi-national state
Reposting my 5th disappeared comment after Yom Kippur (I decided not to repost my #4).
Reader
September 16, 2021 at 1:29 am
Watch this and you will know (among other things) why the US is competing so hard with China.
Because in the coming Great Reset the one to rule the world will be the one who monopolistically controls the world supply chain.
Reposting Bear Klein’s disappeared comment after Yom Kippur.
(Please, BK, don’t freak out!)
Reposting my 3rd disappeared comment after Yom Kippur.
Reader
September 15, 2021 at 9:21 pm
I’ve just figured a way to kill BOTH creditors:
1) get Japan and China to fight each other in a war;
2) when they are both bloody and exhausted, install yourself as an impartial arbiter, and “forgive” them your debt!
Reposting my 2nd disappeared comment after Yom Kippur.
Reader
September 15, 2021 at 8:40 pm
Some fascinating stats (with a nice colorful chart):
Russia has pretty much gotten rid of its US debt holdings and is buying gold like crazy.
The huge foreign debt that the US owes was never supposed to be repaid because of the US treasuries being “the best investment in the world” (I personally saw an article claiming that several years ago).
Is the US still the best investment after its economy has been further undermined by the coronavirus affair and the US started to print money like there’s no tomorrow?
The Russians certainly don’t think so, and the Chinese have been cutting their American debt holdings somewhat.
I am starting to wonder whether the money printing is supposed to be the same trick that Germany employed after the WWI to cause huge inflation of the mark in order not to pay its huge reparations debt.
Also, with China, the US might be strongly tempted to “kill the creditor”.
Obviously, the US cannot do the same with Japan.
Reposting my disappeared comment after Yom Kippur.
Reader
September 15, 2021 at 7:55 pm
@adamdalgliesh
[emphasis mine]
The vast majority of the Taiwanese speak some form of Chinese (required by their Ministry of Education).
You still want Taiwan to go to the wonderfully peaceful Japanese who still lie about the Rape of Nanking the same way the Turks lie about the Armenian genocide (i.e., “these things never happened”)?
All the rest of what you wrote is pure delirium.
The Chinese would be crazy to keep investing in the US (if they do) because the US can freeze their assets at any time as sanctions.
As far as Laura is concerned, I have long been convinced that it comments on Israpundit from a facility where it very occasionally gets access to a computer when the personnel forgets to watch it closely.
Yes it is because of the evil chinese communists along with traitorous communists in our own country. So again reader, take your china apologia and shove it.
ITS CHINA WHO’S MANIPULATING COUNTRIES TO SUIT THEIR NEEDS. China is an imperialist nation who through their exploitive belt and road initiative are taking control of countries and their resources. SO FUCK YOU READER and your pro-china anti-American bullshit analysis.
Japan has a strong pacifist tradition since the end of World War II. They are acutely aware that China has nuclear weapons. Japanese have longer historical memories than Americans. They have long been leary of being nuked since their Hiroshima experience. So I don’t think they will intervene militarily if China invades Taiwan.
The Biden administration is dominated by leftists and Marxists who think the way Reader does, considering the U.S., not China, as the problem. The key leaders of the administration don’t want a war, which would not only be against their principles of opposition to “U.S. imperialism,” but would cost them the support of their political base. Also , the U.S. has become so dependant not only on imports from China, but even more so with the Chinese investments in American corporations and banks, that they would dare to force a Chinese withdrawal of these investments.
This means that it will make good practical sense for China to invade Taiwan. Doing so will distract the Chinese people from the massive economic and environmental disasters unfolding in their country and lead to a surge of patriotism, which will bolster the waning prestige of the CCP regime. Especially for the ‘old guard” of Chinese who joined the CCP before the death of Mao Tse-tung, this will restore their waning faith in Xi’s regime. These old guardests, as well as many other Chinese, regard Taiwan’s independence as a serious blow to China’s national integrity, since they are convinced that Taiwan is an integral part of China. And they have always feared that Taiwan might become the political-military base for the overthrow of the CCP regime some day.
Recent moves by the Chinese to punish Chinese corporations and even wealthy individuals from increasing their investments in the United States shows that CCP regime is preparing to limit the economic damage that future U.S. sanctions on China, undertaken to punish it for its invasion of Taiwan (Congress will force even the Biden administration to approve these) will inflict on China. They are harrassing leading Chinese industrialists like Jack Ma (fr their own good,) to prevent them from investing more of their wealth in the united States, and if possible persuade them to transfer their assets from the united States to China.
If the Chinese government orders Chinese businessmen to transfer their assets from the united States and repatriate them to China, this may cause the collapse of the U.S. economy, while at the same time bringing in large amounts of capital that the Chinese governent can tax (they have a 63% tax rate). This will help the Chinese government to bail out those Chinese companies, principally in the real estate and construction sectors, that are invested in China’s internal infrastructure development rather than manufacures for foreign markets. In other words, the CCP government may use the opportunity crated by an invasion of Taiwan to force China’s export-oriented manufacturing companies to bail out their internal-infrastructure companies, as well as the hundreds of millions of ordinary Chinese who have invested in the internal real estate and construction markets.
Equally, important, Xi’s regime must now invade Taiwan because they have been talking up an invasion and war with hostile foreign regimes for some time. If they don’t act on their threats, they and the CCP as a whole will lose face and credibility at home. That in turn would probably lead to the CCP dumping Xi and his team at the next CCP Congress, where leadership changes are made under China’s “aristocratic republic political” system. Since Mao’s death in 1976, the CCP has changed its leadership team several times, usually at its annual congress meetings. Xi knows that having threatened Taiwan so many times, and having prepare d the country rhetorically for months to expect the outbreak of war, he must now “shit or get off the pot.”
WE Americans must now prepare for the collapse of our economy as the Chinese, who have been propping it up now for decades, withdraw their investments, or at least a large part of them, from U.S.-based businesses and banks as preparation for the forthcoming invasion. One sign of this is that stock prices have finally begun to decline over the past month after having steadily risen for many years, buoyed by Chinese investments.
Reposting my disappeared comment the 2nd time after logging out and back in:
Reader
September 15, 2021 at 6:38 am
@peloni
I didn’t say that the unlimited political donations were” the cause of this captured state of affairs”.
They were the culmination of the process of the corporate takeover of the government.
This crap about the CCP only started when those at the top perceived the need for it.
“Teaching democracy to barbarians” is a propaganda excuse for the world conquest.
IT WAS THE US THAT CREATED TODAY’S CHINA AS THE WORLD’S FACTORY.
They thought that they killed the USSR (“won the Cold War”), and that Russia will never rise again, and that the $ is the world currency forever, and they can do anything they want including manipulating China and other countries to suit their needs.
THEY WERE WRONG.
The world has changed, and they do not want it to, they (the richest elites) want to stay in power no matter what and no matter who it hurts (except for them, of course).
This is why this crap is happening, and not because of the “evil Chinese communism”.
BTW, neither socialism nor communism has ever existed yet anywhere.
There were several backward countries who wished to get ahead by skipping capitalism and speeding up the process of history which didn’t work (the same way as trying to slow it down won’t work now), and ended up with totalitarian societies until they changed their course.
@peloni
Foreign donations to the US elections are illegal although there have been attempts to get around the law:
https://www.uky.edu/electionlaw/analysis/foreign-contributions-us-elections
@peloni
I didn’t say that the unlimited political donations were” the cause of this captured state of affairs”.
They were the culmination of the process of the corporate takeover of the government.
This crap about the CCP only started when those at the top perceived the need for it.
“Teaching democracy to barbarians” is a propaganda excuse for the world conquest.
IT WAS THE US THAT CREATED TODAY’S CHINA AS THE WORLD’S FACTORY.
They thought that they killed the USSR (“won the Cold War”), and that Russia will never rise again, and that the $ is the world currency forever, and they can do anything they want including manipulating China and other countries to suit their needs.
THEY WERE WRONG.
The world has changed, and they do not want it to, they (the richest elites) want to stay in power no matter what and no matter who it hurts (except for them, of course).
This is why this crap is happening, and not because of the “evil Chinese communism”.
BTW, neither socialism nor communism has ever existed yet anywhere.
There were several backward countries who wished to get ahead by skipping capitalism and speeding up the process of history which didn’t work (the same way as trying to slow it down didn’t work in Italy and Germany – they ended up with fascism. and it won’t work now), and ended up with totalitarian societies until they changed their course.
@Reader
This is a very well stated phrase. And such nonsense will bring doom upon the arrogant.
I disagree with you about the unlimited political donations being the cause of this captured state of affairs. Great political donations came from overseas and they were doing so since long before that ruling took place. The Enemy is inside the wire. They sit in the capital, they control the judiciary, they manipulate the legal institutions at every level against their own citizens. They mis-educate the youth and rob the taxpayers. The Enemy was so situated in all of this well before that legal ruling. The flaw was allowing the Enemy within your borders at all. It was the delusions of a great arrogance that manipulated great men into thinking that great evil, such as characterized by the CCP, could be persuaded by great opportunities of commerce and trade to set aside their great ambitions of conquest, when in fact, the CCP only chose to wield the great ambitions of their evil influence within our walls to capture the nation whole and hollow it out from within.
Absolutely. And the effort to destabilize China is an attempt on the part of the states whose economy was taken to China to further discourage the corporations from staying in China while making themselves more attractive to them by enslaving and impoverishing their own citizenry.
It won’t work, anyway.
Since the 1990s the US had a fake economy which was supported by the fact that the $ was a world currency, and the US ran on other countries’ money which the US borrowed (as the best investment in the world) and was never planning to repay.
Well, nothing lasts forever, especially a fake economy.
China is not the problem, the problem is the takeover of the American government by the giant corporations which was completed 10-11 years ago when the US Supreme Court allowed the corporate entities to make unlimited contributions to the political campaigns.
It matters not a stitch who we happen to “elect”.
All the so-called “political movements” are financed by multi-billionaires.
I don’t know why the US got out of Afghanistan but all this stuff about teaching democracy to barbarians is just propaganda to further the big business interests abroad.
The same way the pagan Roman Empire had “just wars” to save barbarians from themselves and spread the Roman civilization among them (for which, of course, they needed to be conquered, robbed, killed, etc.)
@Reader
China of 1970’s held much fewer complications than China of 2020. China is stuck in a socioeconomic trap from which it will, regardless of what comes next, have serious consequences for them, their economy and their position in the world markets. The last thing businesses are attracted to is uncertainty, instability or war, intenal or external. China’s immediate and long-term futures are over-ripe with at least two of these and likely all three, I think.
I think if I were running Japan right now, or Taiwan, I would be very concerned by the events in Afghanistan which strongly advantaged China, and this advantage was singularly due to the uncryptic betrayal by the US upon an ally they invested trillions of dollars and twenty yrs establishing at the cost of 20K US dead. I don’t think if I were them, that I would be as optimistic as you suggest here.
@peloni
Thank you for your encyclopedic answer.
China as it is now was created by the US and the West.
I think that the corporations which took the US economy to China in the early 1990s don’t find China as attractive as 30 years ago (the Chinese labor might have gotten more expensive?), and that this plandemic affair and China suddenly becoming an evil communist country has to do with the orders the politicians received from the corporations to widen their profit margins or else.
Japan is probably using the chance to chop off some territory for itself and show itself to be a good ally of the US.
@Reader
There is a complex relationship of bonds and tensions between China, Taiwan and Japan that goes back centuries. Briefly, Taiwan was a Portugese colony that initially attracted Chinese settlers in the 1600’s and ~1680’s, a Chinese warlord conquered Taiwan(Formosa). The warlord and his heirs attempted to conquer China from Taiwan but failed and Taiwan was subsequently absorbed by China. The native population of Taiwan disliked Chinese rule which was quite ruthless. Following the First Opium war in the 1830’s, many nations recognized the geographic importance of Taiwan, and Japan was among these interested parties. In the Sino-Japanese War(1894) Japan won Taiwan as its prize in the war – but China never accepted the loss of Taiwan as legitimate, though internationally this was well accepted. Taiwan went on to prospered under Japanese rule.
The Rape of Nanking combined with other Japanese atrocities during WWII should be recalled to give more relative historical context for grievances between China and Japan. Following WWII, Taiwan was initially made part of China. Following the Civil War, and the Nationalists fled there, but the Chinese nationalists ruled Taiwan with only a small minority of the public. They later became a democratic nation and the Chinese nationalists lost power.
In the 1970’s Japan was the #2 economy in the world but has since been displaced by China. The two nations have economic ties that parallel those of the US. The current and previous Japanese govt have moved to decouple their economy with that of China with geopolitical consequences building. The contentious struggle between the two is currently quite palpable, be it the ongoing quarrel over the South China Seas islands – over which war nearly broke out in 2013 – or the recent upset in the Tokyo Olympics where China’s ongoing record of dominance in the sport of table tennis was broken and the title fell to the Japanese amid claims of fraud. The Taiwanese contestant in the table tennis event heralded Japan’s victory over China, which really didn’t help matters.
Japan, Australia and India held a front to counter China’s dominance in the region. Under Trump this was very successful, but the election changed things, to some degree with a Chinese trade deal being agreed to by Japan and Australia due to China Joe’s successful coup. But the history is hard to ignore and the current Japanese PM is continuing the economic decoupling that began in the past decade or so.
Specifically regarding Japan’s has interest in the Taiwan-China conflict, it is a point of great importance. Japan sees the combined forces of Japan, S. Korea and Taiwan with US backing as its geopolitical counter against the CCPs aggressive posturing. A move against anyone of them would be seen as move against all of them. China takes this threat as real as it threatened Japan with nuclear war just prior to the Tokyo Olympics, which gives the table tennis outcome some context. So, Japan has a historical, economical and geopolitical as well as a military interest in the Chinese contest with Taiwan.
Going forward, politcal changes in either Taiwan or Japan could upset this alignment, but currently, the two nations are well disposed against their common enemy of China.
Because its in their region. Because china’s aggression is a threat to Japan itself.
Why is it any of Japan’s business?
I’m in favor of nuking china.