Tierneys Real News | Sept 14, 2024
For example, BlackRock invested in Communist China to win the AI revolution. However, as it turns out, they will not win AI – so BlackRock is scrambling to change direction and fix their mistakes.
BlackRock invested in Communist China to create materials for electric vehicles (EVs) and green energy (windmills and solar panels) – but as it turns out the consumer doesn’t want EVs AND massive amounts of energy are required for AI and bitcoin mining (which windmills and solar panels can’t begin to provide) – so BlackRock is scrambling to change direction and keep their profits.
BlackRock also invested massively in Communist China to win in certain industries – like the auto industry. 3 Chinese companies are in the process of moving their auto manufacturing plants to Mexico, specifically to make EVs for the American market. The reason they are moving manufacturing to Mexico is due to Trump and his USMCA free trade agreement. The USMCA is one of the world’s largest free trade zones.
The Chinese EVs made in Mexico will come into the U.S market tariff-free under Trump’s USMCA trade agreement. Why? Because he wants plants built in North America – not overseas!
If the CCP made the vehicles in Asia – they would be subject to tariffs if the products were sold into America. Because the CCP is now building plants in the USMCA – they will not. Products can be made in the US, Canada and Mexico tariff-free under the Trump trade agreement if they meet certain restrictions. China and BlackRock will make billions on this deal.
As we saw in 2017-2020 under Trump – China, Asia and the EU also essentially DROPPED their export prices to retain access to the HUGE USA market and offset Trump’s tariff costs. The US consumer market accounts for nearly 29% of global consumer spending – that’s HUGE – AND our enemies want access to our wallets.
In other words, our enemies must lower their prices before selling in the HUGE market of America – to remain competitive with higher tariffs. Or build plants in North America instead of abroad.
I’m no longer sure that the US market is so HUGH anymore. It might increase if Trump wins but definitely not with Kamala. What’s up with Blackrock? Can’t they keep their puppets in line or read the tea leaves?