Saturday 8 May 2021

BIDEN IS DESPERATELY PLACING BETS IN THE LAST CHANCE CASINO

Joe Biden has quite a task on his hands. Clearly he has been told that the USA is falling apart in terms of infrastructure and failing massively in the field of education. Presumably at some point he will also have to tackle health care.

At the same time he is pushing the war against China.

While these two extremely expensive endeavors, plus ongoing economic attacks elsewhere (Russia, Venezuela etc.) continue, Covid has created the seeds of collapse within the U.S. economy.

Social turmoil appears inevitable and a significant reduction in geopolitical reach surely cannot be avoided.

To try to square the circle Biden is apparently relying on U.S. allies like never before.

Naturally a facade of confidence must be presented at all times... however, these bets, it seems to me, are being made in a last chance casino.

China was inflicted with Covid and the western elite world secretly smiled as its goal has been for many years now to see their primary rival significantly weakened. The smiles were soon wiped off their faces however as China effectively dealt with the virus and their own nations became infected and struggled, and failed, to contain it.

Now a brave face is being put on things, a false face. Blinken is the main mask-wearer for the most aggressive policies now being brought to bear on China, and to a lesser degree, on Russia. I predict that from now on the attacks on Russia will mainly be in the field of rhetoric. China will take center stage and be held very much in the cross hairs of U.S. foreign and economic policy. For China it is that can hold back the unlimited U.S. aggression we have seen for a generation now.

China, through her economic reach into Europe via her Belt and Road initiative is poised to vastly diminish U.S. influence there. Elsewhere also, as in Africa China is pushing the U.S. and other western influence out. China is now about to rise to ever greater economic heights and subsequent political influence.

Supported by her allies, Russia, Iran and others China is about to slowly but surely quarantine the warmongering elite horde of the USA. No other nation is anywhere near capable of doing this. China can and step by step China will. It is inevitable in my view.

So, despite the seeming confidence of Biden’s big projects at home and abroad I detect an underlying panic and desperation. China’s recent reaction to North American bluster in Alaska shows two things in my opinion.

1. China is no longer willing to simply take the attacks upon it, neither verbally or economically.

2. China sees the inherent weakness of the U.S. position and is not fooled by the blustering of its elites.

The USA is about to implode. It has been an inevitable process from almost the start of a nation predicated upon multiple unsustainable premises. Health care, education, welfare, economics, politics and finance are all riven with death wish flaws of immense proportions. All have been moving to their inexorable end point like the morally disreputable Ponzi schemes they in fact are.

Meanwhile, over in China they have systems that work in ultra-efficient style producing the goods required, building the infrastructure needed and allowing ever more precise engineering of the innovations, industries, cities and societies of tomorrow.

As Biden makes his bets in the last chance casino China has no need whatsoever to gamble her winnings. She simply invests them. While the U.S. debt soars into insoluble trillions China is set to manufacture the goods that earn them similar trillions.

The USA has gambled on its tawdry pseudo democracy and its rabid, greed-driven aggression toward other nations for decade after decade. Its exploitative self-interest has worked to alienate as many as it has dominated.

Like an obsessive slots addict in Las Vegas the U.S. has been driven by the need for an ever greater fix of income to offset its gigantic debt mountain. Now it is coming to the end of its money pile, a money pile created from the dwindling confidence the casino owner (the financial markets) had in it. Covid has been the dissolving agent that will destroy the last vestige of that confidence as Biden frantically (though with as frozen a face as he can manage) places his last desperate bets.


 

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