Excited and anxious at the same time for my trip on Sunday. Getting ready for a 6 hour train ride to Ürümqi, which is the last station for that railway line. I have not seen my cousins in five years so it will be nice to see them all again. Wish me a safe journey please! If I have time to remember I will send a photo of the train.
lol. I will for now but I’m preparing for my trip so I won’t be as active as I am normally throughout this week into the next. But I will provide updates every now and then.
Makes me wonder how many plates were left uneaten…
China has most likely calculated a variety of possible outcomes maybe even years before Trump was elected as president, unlike neoliberal countries who’s future is mostly obscured by maintaining capital, there is no “hundred year plan” for the west, much like the stock market, their moves are unpredictable, highly volatile, and dictated by the market.
China can only do the thing it has been doing and that is deepening relations with other countries and offering alternative solutions to the US. The US is doing all the “heavy lifting” by ostracizing themselves on a global level to the point where even the EU is more vocal about their distrust in the US hegemony. No doubt Nordsrresm and the Ukraine war has only made relations worse such as when Trump scolded Zelensky on display, Trump made it clear that Europe’s aid paled in comparison. And sure, Trump says whatever he says but this always comes at a cost for the rest of the country, Trump is the naked face of the American empire for what it truly is, so other nations do not shy away from this fact and act without having to put on the mask because diplomacy is a facade.
What a funny man
Interesting post, thank you for tagging me. I appreciate the link to the book as well.
I do think there is some truth to this theory. I personally believe that the instability in the bond market could easily be a response to the instability seen in the stock market this past week. My feeling is that nobody except a few insiders within the Trump admin knew Trump’s play here.
I’m still of the opinion that not even Trump knows what his next play will be. China owns 9% of the bond market and has made it clear that they’re not going to be pushed around so if the trade war escalates further, there is a possibility like I mentioned in my last post that China will start selling off more of these bonds. It’s one of the easiest ways for China to retaliate if the tariff war continues to progress.
China has already made it quite clear that they will not falter in this war as they have added their own reciprocal tariffs on the US, which is already causing panic as we can see in the case of Amazon cancelling orders from China. I can see more companies making harsher unpredictable plays like this now and into the future.
It has been a tense week around the globe and uncertainty of the future is what is the most frightening part of this trade war. Some small businesses in China are adding “America fee” for American tourists so if you want to buy a product with an identification they will add a surcharge which I find amusing and you should too. Each hour the unpredictable nature of this situation creates spikes of anxiety across China and many of us are scared that this can escalate to a kinetic war. I have even heard of some rumors of a draft being implemented but these were not verifiable yet, I don’t think kinetic war is something we see anytime soon but this is a start.
Will China sell treasuries? They have already started doing so… but to think they will “dump” them (sell them all) is out of the question, although I have seen that suggested here in a post or two, unless this is a jest then I would say that mutual economic destruction would be the result- yes economies want to move away from the US globalized order, but the move takes time hence the opportunity for BRICS to flourish and deeper trade partnerships with other nations. Reacting poorly to the decisions of the US in this current time will only impact more people, not just Americans. The reciprocal tariffs is a way of mitigating the consequences and in turn a show of solidarity with the Chinese people and other nations who may be too scared to war with the US. Partnerships like that of Korea, Japan and China only reinforce the Chinese ability to mitigate conflicts and show it is able to play the part of a good global superpower and this is what globally people want, they don’t want an empire which will attack them as its doing now. They just want support.
Rumors: Now for the scary part. Rumors that an all out war will begin are just rumors, but at the same time we have to take into consideration that wars have started over less. Trade wars are essentially hurting economies and the people living in those countries. As America approaches recession, unemployment goes up, people lose jobs, homes, and they die. The Chinese infrastructure is a lot kinder so there are safety nets implemented which prevents people from feeling a full impact, although they will still be affected no doubt. I feel for other countries as well who do not have adequate safeguards in place, in the US however the worker always feels the brunt of the force, the working class will always pay to fix the issues of the country which will possibly lead to some sort of nation wide unrest which is when Trump will enact the insurrection act and install martial law, it is funny that the liberals who were so adamant China was the harbinger of oppression and martial law of certain populations within China (lies) are now starting to understand to some degree that they themselves are living in such a regime. But we should still not trust the liberals as they always side with the fascists in the end, they may cry about it now until their face of the party tells them “sending Americans to El Salvador is good actually” and then they will keep quiet like they did on Palestine. Anything that infringes on their optics and reality of living within a Marvel movie takes them out of their artificial reality, the only reason the liberals complain now is because the cost of empire rises, but when the leash is tugged they will obey. So while the US may start to usher in martial law, they have already boasted their incentive of increasing their military budget to one trillion dollars. This is meaningless and more posturing, the US is in decline and knows it. This is a rat trapped in a corner move and one that increases stock prices of death capital (manufacturers of war products) and nothing more.
On second thought, maybe it was best I forgot my log in details.
So long.
Hello all, I apologize for my absence but my attention was required elsewhere due to academia. Within this timeframe I have been very busy and had not had much time to use this website as much as I would have liked to. Due to not using the website for long I close the tab on my computer by accident rendering me unable to get my password back due to forgetting my login details, mainly my password!
I am back now so I hope I did not worry anyone too much whilst I was away. I will write a summary of events soon as things are getting really tense globally. It seems in my absence so much has occurred so bear with me!
Currently riding on a train through Xinjiang. Hopefully I’ll update later with more details.