China Trade War – MSM Playing The Wizard Of Oz…

CNBC’s Emma Newberger has published an article claiming that Goldman Sachs the has stated; “cost of tariffs imposed by President Donald Trump last year against Chinese goods has fallen “entirely” on American businesses and households…”   Goldman says there are two very detailed, item level studies that prove that Chinese imports remain at the same price. In addition, the US GDP could be hit by a .4% decline.

I suppose to some this sounds devastating. But when analyzed just a bit, the entire article is misleading at best, an illusion, and a tactical study in propaganda at the very least.

The article does not provide any link to any studies. It cites no statistics.   There is no historical graph.   In fact, it is red Jello with absolutely no cherries. Hospital food.

Between 2016 and 2017, the Consumer Price Index, before the levy of ANY tariffs, rose 2.1%.   In 2018, the CPI increased 1.9%.   Between 1970 and 2018, the CPI rose 25% with a starting point of -10%.   This increase coincides with the increase in the ‘money supply’ which doubled into Nirvana land during the Obama administration.

As for the US GDP rate, in 2017 it was 2.3%. In 2018, GDP increased to 2.9%. And in the first quarter of 2019, it increased 3.2%.   A .4% decline from the previous year would amount to a total reduction of .0116 resulting in a new rate of 3.18%.

Just three months ago, the very liberal CNN authored a story in which they claim that “the Chinese economy has slowed severely.   It has hit its lowest level in three years.   And it is much, much weaker than government figures suggest.” Local businesses blame the trade wars.   Senior China economist at Capital Economics claims the economy of China shrank 3% last year making the Goldman Sachs argument smell like a dairy farm.

The problem with the media is they do not have the power to ‘delete’ history, and so instead they attempt to rewrite it.   But a five minute research by anyone can quite literally unfold the truth and reveal a plethora of lies. In politics, they call them ‘gaffes’.   In the media, they are fake news.

Goldman Sachs is thus guilty of – fake news.

Barron’s claims that the US economy is slowing down. They site different methodologies for measuring the growth and choose to eliminate certain ones so as to lower the actual numbers.   But a measurement is only so good as it’s comparable historical measure. To conveniently eliminate certain industries because they might ‘artificially inflate’ the number means one would have to eliminate those numbers for all history. It is a defeating argument, designed to manipulate and propagandize the economy.

In essence, when analyzing the manufacturing industry of the US, Barron’s has determined that the current outlook is ‘half as bad’ as the decline from 2014-2016 during the Obama reign.

All numbers are intertwined.   If economists are going to extrapolate specific numbers without looking at the whole, then there will always be fluctuations, but the whole is the ultimate grade of an economy, not the individual parts.

The Gestalt theory, expressed in psychological terms in the 1920’s, understood that the whole is a sum of the parts.   Thus extracting ‘a part’ denies the whole. My father named his sailboat, “Gestalt”.

If one reviews the news from farmer and agriculture sites, as opposed to political news sites, the concerns are not so much China as: weather, disease, techniques, herbicides, trends, organics, toxicity, soil – all the normal discussions among those inside the industry.

What they aren’t discussing is – China.

What this reveals is that the MSM is manufacturing a Farming crisis without a farmer, they are creating an Economic crisis without a study or statistic, and they are creating an illusion without – magic.

In fact, the MSM is no different than the Wizard of Oz, a slight, old man, standing behind a great curtain, using machines to create smoke and noise so as to scare Dorothy and her companions, when in fact, there is nothing wrong – at all – and they all can find what they want inside themselves without the idiotic, narcissist behind the curtain.

POOF….

Trump’s China Policy = Anti-Globalization

Like most economic thesis, there exists the definition on paper, and the dichotomy of real life. Globalization, on paper, has some real benefits that could advance world economies as a whole, however, when placed in the hands of man, this same model is brimming with corruption.

It is this distinction that perhaps explains why Trump favors Russia while opposing China.   Russia opposes globalization because it saw the ramifications imposed by the Soros cabal in its attempt to infiltrate Russia’s economy.

“Where the money goes, so goes the power”.

Globalization is in reality a form of colonization.

Africa is the most obvious victim of the reality of globalization. On paper, when the money moves in the concept is to bring the level of the people to a heightened level of economic wealth.   The tag lines include;   Infrastructure Development, Jobs, and Greater Food Supply!   However, when these models moved into the African Land Grabs, they evicted the locals, brought in labor from outside, and exported the crops.

The people were actually worse off than before. And the ownership of land shifted to a global elite who then held greater access of control over the nation, ie, it isn’t Sudan any longer, in reality it is Open Society Foundation, or China, or US or Norway, or UK, or Saudi Arabia.

China is desperate. Their resources are nearing extinction and globalization is their bread and butter. In contrast, Russia is wealthy in natural resources and has managed to keep foreign nationals from breaking down that wall.   Trump’s proposal to befriend Russia holds many benefits including the shared ideology of anti-globalization philosophies.

Globalization was supposed to allow for les expensive exchange of goods, but in order to compensate for the loss of labor and manufacturing, 161 countries created the VAT tax on imports which in many countries is over 21%.   And while the cost of consumer goods is lower, the loss of jobs grows steadily higher. Less jobs, less wealth, more social entitlement necessary, more divisive attitudes, more anger.

Liberal agenda’s supported this trade-off because it buoyed personal gain, the greed factor inherent in globalization. In addition, globalization was the precursor to corporate emigration from the US as lower wages translated into bigger paychecks for CEO’s and CFO’s. Average CEO compensation compared to average worker wage has increased dramatically during this globalization transition, rising from an eighteen multiple to over 400x multiple.

The rich get richer.

Controlling the money is the key to controlling the people. That was the whisper behind the creation of the Federal Reserve, another globalization gift to the US.

China’s view of globalization is preeminent. Undoubtedly, the advancement has earned them greater wealth and super power status in a few short years. Since 1978, China’s GDP has grown at a massive 9.8% annually, while the US average is a piddlin’ 2.8% average.  Our net exports with China are a growing embarrassing deficit, and the benefit of less expensive goods is obviously, of little consequence to the wealth of Americans.

So why is Trump pro-Russia and anti-China?

The downward spiral that real globalization has wreaked upon the US economy, as opposed to the fancy writings on worthless paper that hype a failed policy that has created massive income disparity and loss of wealth!

President Obama – A Hawk in A Wasteland

For a President who was given The Nobel Peace Prize before he ever did anything, during Obama’s reign this country has engaged in wars involving: Syria, Ukraine, Iraq, Sudan, Nigeria, Yemen, Libya, Afghanistan and Pakistan. We have been involved in destablizing coups or attempted coups in Venezuela, Argentina, Brazil, Turkey, and Egypt. And we have perpetuated the growth of ISIS for the purpose of genocide of Shiite Muslims and Christians in the Middle East. In addition, we have sanctioned the following countries: Belarus, Burundi, Central African republic, Iran, Iraq, Cuba, Russia, Ukraine, North Korea, Sudan, Syria, Burma, Libya, Lebanon, Somalia and the Balkans.

I’d say for a Democrat, that’s pretty Hawkish!

We are in the midst of world chaos and instead of noting this eruption, the media is disjointed by the prospect of a ‘wall between the US and Mexico’. The UK is building a wall to protect them against the migrants and we are silent. But they aren’t alone, since Obama’s term walls have been under construction in Hungary, Slovenia, Austria, Greece, Bulgaria, France, Ukraine, and Estonia. But the media is silent…

Those walls are ‘good’ and Trump’s wall is ‘bad’.

China’s claims to the South China Sea are bad, but Australia’s claim to the Timur Sea is okay.

The percentage of blacks living below poverty in the US has consistently risen since Obama took office with rates standing at about 28%. Racial tensions are at rates not seen since the 1960’s. And the proliferation of gangs and gang related crimes has virtually exploded.

ISIS didn’t exist before Obama took office, it is now active in Syria, Iraq, Libya, Algeria, Yemen, West Africa, and Chechnya with factions rising in France, UK, Germany, Italy and the US. But according to Obama, we needn’t worry because we have a bigger chance of dying in our bathtub…

US debt has risen from $10.6 trillion to over $18 trillion – and Obama isn’t quite done yet. In 2009 Obama promised to cut the deficit in half, and stated that if he didn’t accomplish this he would step down and defer as a ‘one term president’. Total Federal spending has risen from $2.9 trillion to $4.3 trillion, an increase of nearly 50%. The largest expense increases are in Pensions, Healthcare, Welfare and Interest, at rates nearly double what they were before Obama.

And then there is Obamacare, a debacle of astronomical proportions that has taken my healthcare deductible from $500 per year to $10,000 and raised my rates by about 150%. Well done great leader… Wages have stagnated while business profits are up and the middle class continues to shrink. Insurance companies are dropping Obamacare at record rates, and the projected cost is now expected to be nearly $1.4 trillion. Who will pay for that? We will when we see our deductibles double again and our premiums ratchet up yet another 50%.

GDP Growth is 1.2%, and while Obama makes the claim that he inherited all the problems in place by Bush, that would be the case for every succeeding president, including Clinton inheriting the Reagan legacy that stimulated our economy.

Whoever succeeds Obama, the chaos and sanctions and war mongering that has been put in place will be a voluminous bloated beast. And more hawkish notions will have one effect and one effect only – to line the pockets of the corrupt.