Comments by "irresistablejewel" (@irresistablejewel) on "The Chinese Slide Into Deflation (The Final Straw?) || Peter Zeihan" video.
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America always trying to blame others. A lot of Western companies moved their manufacturing to China and Asia (their call centers to India, or the Philippians); because they benefited from: the comparatively low wages; less (or more pliant) regulation; the Asian work ethic and they could avoid American taxes. Don't you understand it's the "duty" of these companies to maximize profits; so quite a few American companies operate(d) "sweatshops" in Asia, they sent their product designs there and the profit margins went up, a lot!
When you talk about keeping their own subjects under constant surveillance; it's like you don't understand that meta-data (the sites you visit online) is worth money and (I'm told) from six independent "likes" our social media (and government agencies) can build a pretty accurate character profile (which they were selling). The Senate has recently put a crimp in that business model, they stuff you post online belongs to the individual, not some social media behemoth. China (and Russia) don't want our social media; the media giants complain that government control that; but looking at some of the stuff going on here I can't blame them.
Certainly state funded private companies is a dubious concept; they can take losses normal companies can't; they're always ahead of new legislation and they can even product dump; but the American government seem to be heavily influenced by certain private companies and that's a dubious concept too.
So no, China didn't destroy America's manufacturing base; America gave it away. The government is upset that multinationals don't pay much in the way domestic taxes, but they can always spend a few billion on lobbying and the government can get somebody like Peter Z to point the finger at someone else.
So China didn't do well though covid, well who did? People can't pay for these imported products if the company closes, or they're homeless or going broke.
Meanwhile America owes China a lot of money, try smearing their leader (like the msm have done with others) and I expect they'll call in the debt. (a friendly warning).
Another comment suggests a religious theocracy ruled by a Pope; but doesn't seem to realize that Zappa was correct; America already became a fascist theocracy.
It's all about money and short term gain now; all the Trillions in tax havens isn't coming back either; I think Peter Z needs to understand China is just better at capitalism than America.
So I hope before the big collapse (Peter Z predicts everywhere but America) America will repay China.
We in the West are under constant surveillance, it's starting to annoy people in Europe (this more authoritarian approach using modern technology); they are starting to use robots as: police; judges and soldiers (not workers) and that mistake is likely to be fatal (further down the line).
If you get a warm feeling over economies collapsing; I hope you enjoy yours; because those "globalists" obviously don't care about you or I; just how they can divert public funds to themselves. Currently investing in war with Russia and China; using public money; but one should never confuse a memo with reality (look at the homeless in America) they only care about maximizing short-term profit; that's why the whole Western economy has been (put simply) asset stripped. How that is fixed I don't know but maybe jailing a few industrialists (Russia) or beheading a few bankers (China); but there is too much money in politics (in the West) and ironically we civilians are paying for it all.
Peter Z and his PR work is increasingly difficult to take seriously.
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