Saturday, August 27, 2022

China: A Bulwark Against U.S. Empire Savagery and Financial Predation - By Richard Solomon

 Once again China finds itself a target of the international bankers. The American writer Mark Twain said, “history doesn’t repeat itself, but it often rhymes.”  In the 19th century, the British East India Company financed by City of London bankers and backed militarily by European colonial powers inflicted the horrific and devastating Opium Wars upon the Chinese people. Today, the U.S. Empire, along with its Wall Street shareholders and NATO allies, dreams of ruthlessly carving up China in similar fashion. Unfortunately for the pirates of global finance, the China of 2022 is a much different nation than that of 1839.

In the 1990’s the U.S. outsourced much of its manufacturing base to China. In exchange China agreed to buy U.S. debt that continues to balloon to near breaking point as a result of America’s wreckless military adventures and toxic financial instruments and swindles.  Wall Street bankers who specialized in debt commoditization only thought in terms of personal short term profits, while Chinese leaders played a long game that favored its citizens. Consequently, much of the American middle class sank into poverty like lead ducks in a pond, while the middle class of China grew like an elephant at an all-you-can-eat buffet.

Today the U.S. is mostly known for making overpriced weapons systems, CIA scripted Hollywood movies, and (CIA managed) social media apps like Twitter. It also creates debt from toxic corruption and endless war. China on the other hand, makes outstanding cost effective weapons systems and has become the world manufacturer of all things to all people.

As the U.S. economy collapses, its international banker owners look upon China with greed and envy. The financiers want to crack the oyster shell and steal the pearl as in times past. China refuses to let that happen. The era of humiliation ended last century. Apparently the international bankers who run America failed to get the message.

The United States and their Wall Street owners generally play the vulture game in one of two ways. The first, demonstrated by the Afghan, Iraqi, and Libyan debacles, involves ruinous invasion and the mass slaughter of civilians. Even when their attempts at martial conquest fail, the U.S.leadership could care less, as Wall Street and the Military Industrial Complex (Pentagon) make trillions of dollars off the death and destruction that result from their tirades of mass violence and planetary degradation.

The second way is theft through intrigue. After the former Soviet Union collapsed, like magpies raiding a stork’s nest, Citigroup, Goldman Sachs, and other Wall Street entities swooped in and feasted on Russia’s previously nationalized industries and banks. When President Putin came to power he pushed back against the parasitic marauders. He has remained a hated target ever since. President Xi has earned similar animosity from the U.S. neoconservative managerial class for building a bulwark around the Chinese economic system.

Whichever technique Wall Street and its Pentagon attack dog attempt to employ against China, the end result will be the same- failure. China’s resolve is like a thick titanium wall that will break the pointed teeth of the ravenous Wall Street beast. China under its current leadership will never allow international bankers to pillage the nation. Her economy and industries will remain sovereign.

The American Empire has left a trail of smoldering ruins and bankrupted economies throughout Africa, Asia, Europe, South America, and the Middle East. In contrast, China’s “win-win” trade policy engenders harmonious relations with all nations. The US displays all the signs of a failing empire, and as history shows, terminal empires are dangerous. In its final stages, a corrupt empire can act irrationally and recklessly. China’s foreign policy track record shows it prefers peace, but following kleptocrat Nancy Pelosi’s Taiwan trip and the bellicose words and actions of the neocons, it appears to be preparing for all contingencies.