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Harris: US must win competition with China

LaoTze

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Harris: US must win competition with China​

POLITICS
Christian Baha / NP
August 22 2024
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Democratic presidential nominee Kamala Harris stated at the Democratic National Convention that she will ensure the United States beats China in the space and technology race.

"I will make sure that we lead the world into the future on space and artificial intelligence. That America, not China wins the competition for the 21st century," she stressed.

Harris insisted Washington should "strengthen" and not "abdicate global leadership."

Source:
https://breakingthenews.net/Article/Harris:-US-must-win-competition-with-China/62610038

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz


China will always lose to Kamala
in the creation and manufacturing of word salad
4iz8dt.gif



kamala-harris-laughing.gif
 

syed putra

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US was big when it accepted brilliant students world over to study there pay full fees, and end up working for US companies. It did not cost US tax payer one cent to train one working professional. But it was a big economic loss to wherever the student was from as it probably cost $1 mil in education losses. And no contribution to economy as not paying tax to native country.
 

superpower

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I'm all for free and fair competition between the US and China. It can only be good for humanity when technological progress can raise living standards, tackle environmental issues and alleviate poverty and starvation.

But if by competing the US resorts to illogical bans (Huawei and Tiktok, EVs) and tariffs (millions of Chinese goods) and even escalating proxy wars (Taiwan, Philippines) then it's no longer competition but big power tyranny.
 

k1976

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As long as China dun attack TW or India for next 30yrs....China will dominate Asia and West Pacific in post 2050s.
 

syed putra

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I'm all for free and fair competition between the US and China. It can only be good for humanity when technological progress can raise living standards, tackle environmental issues and alleviate poverty and starvation.

But if by competing the US resorts to illogical bans (Huawei and Tiktok, EVs) and tariffs (millions of Chinese goods) and even escalating proxy wars (Taiwan, Philippines) then it's no longer competition but big power tyranny.
To the US, there can be only one superpower. After they obliterate German and Russian economy by forcing them into war instead of cooperating previously they will go after china next.
 

syed putra

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As long as China dun attack TW or India for next 30yrs....China will dominate Asia and West Pacific in post 2050s.
US will not allow china to trade freely with its allies. Look what happened to Thai PM when it got too friendly with Brics. And Sheikh husina of Bangladesh when it deny US navy access to its ports.
Will Jiu hu be next to have a regime change.
 

k1976

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US will not allow china to trade freely with its allies. Look what happened to Thai PM when it got too friendly with Brics. And Sheikh husina of Bangladesh when it deny US navy access to its ports.
Will Jiu hu be next to have a regime change.
Maybe Boss Sinwar can becum next Big Boss of Jiuhu?

Then, we will need to order 2 kopi and 2 durian to watch show ler :smile:
 

GUDANGARAM

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I'm all for free and fair competition between the US and China. It can only be good for humanity when technological progress can raise living standards, tackle environmental issues and alleviate poverty and starvation.

But if by competing the US resorts to illogical bans (Huawei and Tiktok, EVs) and tariffs (millions of Chinese goods) and even escalating proxy wars (Taiwan, Philippines) then it's no longer competition but big power tyranny.
China can ban twitter, WhatsApp, google
 

k1976

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Fed's Powell says 'time has come' to begin cutting interest rates​

Myles Udland and Jennifer Schonberger
Updated Fri, 23 August 2024 at 10:00 pm SGT3-min read



Fed Chair Powell speaks at Jackson Hole, Cava surges: Yahoo Finance

Scroll back up to restore default view.
Federal Reserve Chair Jerome Powell sent a straightforward message to markets in a key speech on Friday, saying "the time has come" for the central bank to begin lowering interest rates.
Speaking at the Kansas City Fed's annual economic symposium in Jackson Hole, Wyo., Powell said: "The time has come for policy to adjust."
"The direction of travel is clear," Powell added, "and the timing and pace of rate cuts will depend on incoming data, the evolving outlook, and the balance of risks."

Powell's speech comes just over three weeks out from the Fed's Sept. 17-18 meeting, which should see the central bank announce its first interest rate cut since 2020.
Powell acknowledged recent softness in the labor market in his speech and said the Fed does not "seek or welcome further cooling in labor market conditions."
The July jobs report rattled markets earlier this month, revealing that there were just 114,000 jobs added to the economy last month while the unemployment rate rose to 4.3%, the highest since October 2021. Data earlier this week also showed that 818,000 fewer people were employed in the US economy as of March, suggesting reports have been overstating the strength of the job market over the last year.
 

superpower

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China can ban twitter, WhatsApp, google
True, but China doesn't force the whole world to ban Twitter, Whatsapp, Twitter. America forces or tries to force the world - at least its allies to ban Huawei - and punishes those who don't follow its lead. Ditto with Russian sanctions.

That's the difference that makes America come off as a big bully, a sore loser and a coward who doesn't dare to play fair.
 

superpower

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https://slkanthan.substack.com/p/american-democracy-fake-and-dysfunctional

American Democracy -- Fake & Dysfunctional​

It's a combo of oligarchy, plutocracy & corporatocracy​


SL KANTHAN
AUG 01, 2024


Transcript:

"Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it."

Welcome to Geopolitics Demystified. I am your host SL Kanthan. We bring in perspectives you do not see or hear in the mainstream media.

The words you just heard are not of a conspiracy theorist but a US President – Woodrow Wilson. That sounds like a totalitarian oligarchy, not a democracy.

Abraham Lincoln had the best definition of democracy: Of the people, by the people, for the people. But the reality of America was described by another American -- a Nobel prize-winner and the former Chief Economist of the World Bank – Joseph Stiglitz. He wrote an entire claiming and proving that the US is run of the 1%, by the 1%, for the 1%. That sounds like a plutocracy.

Then there are corporations, and they are giant these days. Just the S&P 500 companies have $16 trillion of revenue; and they spend billions of dollars every year on lobbying, which is legalized bribing. And all the government agencies are controlled by corporations through former employees. Thus, the FDA is controlled by Big Pharma, SEC is controlled by Wall Street, the Pentagon is controlled by weapons manufacturers, and so on. The smooth revolving door makes it a lucrative business.

Thus, in reality, the so-called American democracy is a mix of oligarchy, plutocracy and corporatocracy.

This is shocking, considering that the US has defined itself in terms of being democratic. All the American wars are sold to the world as noble wars to spread freedom and democracy. American foreign policy is based on dividing the world into “democracy” versus “autocracy.” And numerous Western institutions spend a lot of time judging and ranking nations around the world on how democratic and free they are.

By the way, saying that the “US is not democracy” is not just a subjective claim. This is a scientific fact! A decade ago, two professors from the Princeton University did a detailed study on 25 years of legislation by US Congress. This is what they found:

1) Business interests and economic elites have substantial impacts on US government policy, while average citizens and have little or no influence.

2) When most of the elites support a policy, they get it 45% of the time.

3) However, regardless of how many regular Americans support a policy, they have close to 0% chance of getting what they want, if the policy goes against the interests of the elites.

4) In summary, the rich often win, but they never lose!

Some good examples would be minimum wage, cost of housing, healthcare & education, perpetual wars etc.

Another similar study demonstrated the truth about the American political system through a chart. Look at this. In this chart, you can see that the US is actually worse than an oligarchy! Americans have lesser influence than they would in a theoretical oligarchy! This is depressing!

But why do not Americans and the world see this trickery? Well, because of sophisticated propaganda and clever Hollywood-style drama known as the elections. This year, the US candidates will spend a whopping $10 billion to get elected. That kind of money gets you the most exciting reality show in the world.

Illusion of Democracy

But here is a thought experiment. Do you know what would happen if Americans boycott all the elections? That is, if not a single American votes?

Nothing! Life will go on as usual. The oligarchs and plutocrats will select their preferred puppets, and the US will carry on. Anyways, that’s what really happens – that is, the elites select the candidates and let the masses vote.

Moreover, what do elections really mean? Can the average American call up any politician from his district or the state to discuss some concerns? Of course, not. However, if the same voter gives, say, $10,000 to the politician, a meeting will be quickly arranged. And if a person donates $1 million, he can not only have a nice dinner with the politician, but can even get appointed as an ambassador to some country! It’s not a hypothetical scenario, this is exactly how the US politics works.

Most Americans may not understand all the nuances of the deception, but they know something is wrong. That’s why a majority of Americans do not vote in the elections to choose the president, Congress and governors. And, according to Pew Research poll, a stunning 85% of Americans say that “elected officials do NOT care about people like me”:

https://substackcdn.com/image/fetch...230a-1bef-41e8-9356-e61f67047d21_554x554.jpeg
 

KingFook Sr

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I'm all for free and fair competition between the US and China. It can only be good for humanity when technological progress can raise living standards, tackle environmental issues and alleviate poverty and starvation.

But if by competing the US resorts to illogical bans (Huawei and Tiktok, EVs) and tariffs (millions of Chinese goods) and even escalating proxy wars (Taiwan, Philippines) then it's no longer competition but big power tyranny.
Fair enough.
But USA always use their 'Tonya Harding Methods' to win.
How ?
 
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