Comments by "DXR" (@MrDXRamirez) on "Golden State Times" channel.

  1. Bannon should name names.
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  2. It is a well developed speech from a capitalist point of view. The bottom line for capitalism though is it unpredictable nature in relation to gold prices. Countries can partake in free enterprise but at the end of the working day everything that was produced by these countries has to be converted into gold. The way the dollar measures all goods and services is through gold prices. Gold prices reflects US productivity. If its price is $1,045.00 per ounce that reflects a value productivity per worker per hour to be 1/1.045 value contained per unit in a product of one hours work time. Another way to understand---coats are manufactured in Thailand at a rate of 145 coats per hour enough coats to supply a huge share of the world market for some product brand. But in the Philippines coats are produced at half that rate. Insufficient to fill WalMart clothing racks because the coats take too much labor time to produce. They cost too much for Wal Mart. Wal Mart then buys the Thailand factory coats. Those are produced at an accelerated rate and sell much cheaper by the lot. I guess it is a truism to say Wal Mart dresses the buying public. The public does not dress themselves with clothes made by themselves. (Although the public dressing themselves is one thing and making clothes to their own custom fit is something entirely different---more interesting then the generic social products they put on their backs.) When it comes time for the Philippine factory to deposit its exchanges and count its proceeds the measure of how many gold ounces produced per hour is used to calculate its profits compared to many competing products in its class. If gold prices are high the Philippine factory will not buy gold but just accumulate its profits till it reaches an altitude where gold can be bought at sufficient quantity to be considered very rich. The Philippines is not in the game unless its economy produces at a high rate or it could end up broke and the coat factory foreclosed. If gold prices fall the Singapore factory could close the plant and not be any more mindful of its impact on the society because it can afford to buy enough gold reserves for two or three family generations before they start to lose it. Live out their lives in wealthy isolation till they dwindle to one homeless heir. An infinitesimal quantity of value is nothing for the rich country but everything for the poor one. Mainly because its productivity is not yet developed that the poor one cannot produce as many goods and services to add on the heap to possess sufficient gold reserves like the US can easily out-produce the less advanced countries. To become truly a sovereign equal partner in trade the traders have to come to the table willing to exchange the work of one industry with that of another industry is a form of mutual cooperation. American trade is about competition not cooperation. Chance and causality define the world of competition and poor countries cannot afford chances nor wait for causality to kick in a miracle. Without China's presence in the region and its big output gains all the Pacific Rim countries combined cannot match up to US productivity that competing with US is a death sentence for them. Rather than escape poverty with capitalism--capitalism would throw them into perpetual stagnation and abysmal poverty. China is the counter-balance to US productivity dominating that part of the world with its products, money and military. This is a humble Trump warning the Asian world to not add insult by ganging up on it to injury the declining power it is becoming. A change from the tone set when the world was told its either you are with us or against us. The tone here is I will be nice if you are nice and I do bite.
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