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Sunday, September 23, 2018

China Syndrome

Steve Hilton, Fixed Noise "analyst" and former advisor to British PM David Cameron, lands some pretty solid jabs in his analysis book excerpt regarding China's ascendance as an economic and military superpower. In particular, Hilton's points about the strictures imposed upon American companies doing business in China are problematic. Gee, if only Apple could afford to produce their thousand-dollar phones in America.

But it's here where Hilton, to put it mildly, loses the thread:

[Fuckface Von Clownstick] should now reject in its entirety the failed China strategy of his globalist predecessors. This means not just continuing, through tariffs, to pressurize[sic] the Chinese regime on issues like the theft of vital technology from American companies.

He needs to go bigger, and bolder. At the UN and beyond, he should rally the whole world behind a simple but audacious goal: to topple Xi Jinping's regime by turning China into a pariah state.

Only in the Fixed Noise alternate universe does that sound like a sensible idea. These assholes have just spent the better part of two years telling everyone apart from the world's most detestable dictators to go fuck themselves. What incentive do any of our allies and trading partners have to work with him on this "audacious goal"? Clownstick approaches every negotiation -- hell, every conversation -- with this "what's in it for meeee?" attitude. Well, what the hell makes anyone think Germany and France and the rest of them won't take the same posture for such a silly, stupid proposition?

Again, Hilton's not wrong in his list of grievances about the empowered authoritarian Chinese state. But we collectively decided that cheap toys were more important than anything else -- American jobs, human rights, economic parity and stability, collective sanity, and much more. We made our decision, and now it's too late to turn back. The locus of economic power is already shifting toward the Indian Ocean. China is poised to take over as the top economy in a year or two. It's already happening, and trying to conscript the European economies, who had their fill of our nonsense when we dumped the criminally inept Fredo Arbusto regime on them, and are in no mood to give us more chances now that we topped that fuck-up royally, is a fool's mission.

Maybe the phrase "too big to fail" has some resonance for Hilton. This is absolutely the case with China, and some hare-brained, no-plan stunt at the UN won't change that. Now, a person who had some intelligence, surrounded themselves with other smart people, and planned out such a massive undertaking carefully might have a shot at turning back China's impending dominance.

But we don't have that, do we? We have a dyspeptic, tantrum-throwing reality-teevee clown whose closest economic advisors are a movie producer and a cokehead teevee econ jerkoff with a decades-long track record of failed predictions. Yeah, I'm sure the winning team of Mnuchin and Kudlow have carefully crafted an exquisite master plan to make China a "pariah state" while keeping what's left of the American economy intact.

The fact is that, despite strong employment and GDP numbers, the precariat of the Obama years is still very much in effect. Real wages are still stagnant, despite near-constant reports of unfilled jobs and desperate employers. Somehow, they're not quite desperate enough to, you know, offer more money. Hmmm.

And while the emperor might be brushing aside his cheeseburger wrappers every other night to tweetkake the proles about the "record" economic boom, there's a problem baked into that -- if we accept the premise that economic booms are cyclical, and the current boom cycle has gone on longer than any (or at least most) that preceded it, then by definition that means that statistically, we're overdue for a recession. And he's started and escalated completely unnecessary trade wars with our largest trading partners. So how does the econ wizard Steve Hilton suppose that's going to shake out?

Besides which, I don't know if Princess Snowflake still has her knock-off wares being manufactured in the Shanghai sweatshops, but if she does, there's no goddamned way Daddy Dearest is going to ruin that for her.

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