Saturday, October 10, 2020

Imagine there's no CIA

 "Why America’s Economic War on China is Failing" (Prashad/Ross):

"After Trump announced the tariffs against a wide range of Chinese imports, the Chinese government formally took up the matter through the WTO’s dispute mechanism. After considerable study, the WTO came back with a verdict. On September 15, 2020, a three-person WTO panel found that the U.S. had violated the provisions of the 1994 General Agreement on Tariffs and Trade (GATT), the treaty that established the WTO. This was a serious defeat for the United States; the Trump administration has 60 days to file an appeal.

The United States government does not like to lose. U.S. Trade Representative Robert Lighthizer released a statement condemning the ruling. “This panel report,” Lighthizer said, “confirms what the Trump administration has been saying for four years: The WTO is completely inadequate to stop China’s harmful technology practices.” The U.S. has paralyzed the WTO’s ability to hand down a final binding verdict, as the WTO’s appeals court is currently no longer functioning because of Washington’s refusal to accept new members for it.

In 1994, the U.S. pushed for the creation of the WTO, wrote many of its rules, and brought China into the WTO in 2001. Because the U.S. felt in command of the world, the WTO worked to advance its interests; now that China’s economy has grown in strength, the U.S. finds the rules of the WTO to be burdensome. Free trade is only useful to governments such as the U.S. when it is beneficial to its companies; the principle of free trade is otherwise easily rejected."


"As a result of China’s much more dynamic economic recovery, China’s trade is recovering much more rapidly than that of the United States. This is clear for imports—which for other countries are their exports. In July, the last month for which there is data for both the U.S. and China, China’s imports had almost regained pre-pandemic levels—being only about 1 percent lower than a year previously. In contrast, U.S. imports were still about 11 percent below a year previously.

The result of these trends is that China will be the center of world economic recovery from the COVID-19 recession—while the U.S. will contribute almost nothing to it.

The latest global projections of the IMF indicate that in 2020-2021, China will account for the absolute majority, 51 percent, of world growth, and the U.S. for only 3 percent—and the latest IMF predictions for the U.S. indicates that this may be an exaggeration of its growth. Most of the other contributors to world growth according to the IMF analysis will be Asian economies who have strong trading relations with China—South Korea, Indonesia, the Philippines, Vietnam, and Malaysia."
"Can and Should Russia Stop the War in the Caucasus?" (The Saker).

"Europe And The New Sanctions On Iran" (Moon).  It's like the Assholes are trying to help China and Russia make more money by trading with Iran.

"Yelp Is Now Placing "Business Accused Of Racist Behavior" Alerts On Company Pages" (Durden).  Yelp is infamous for forcing businesses to pay them protection money to remove negative reviews, and they've found another profit center.

"British Government Threatens to Cut Funding for Universities Unless They Suppress Goyspeech" (Frei).  This creeping enforced ultra-Zionist definition of 'anti-Semitism' is a textbook example of how the Khazars operate, and why various societies from time to time have had to react to clean up the nonsense, just out of pure self-defense.

Tweet (John O. Brennan) (reply by Mark Ames, Scott Ritter, Henry "Heinz57" Kissinger):
"Imagine prospects for world peace, prosperity, & security if Joe Biden were President of the United States & Alexei Navalny the President of Russia. We’ll soon be halfway there.
“Imagine all the people Living life in peace You, you may say I'm a dreamer But I'm not the only one”"