SIPLICIUS THE THINKER

The U.S.’ growing urgency in ‘containing’ China’s development was thrown in sharp relief this week as Janet Yellen arrived in Beijing for what turned out to be an execrable beggar’s tour. Just days prior to her arrival, she had buzzed the punditry with her historically memorable exclamation that China was now operating at “overcapacity”(!!).

What is overcapacity, you ask? It’s a new word for me, too—so let’s look it up together:

overcapacity
noun
o·?ver·?ca·?pac·?i·?ty: ??v?r-k?-?pa-s?-t?
1: When an insolent upstart nation’s surging economic activity totally humiliates the reigning hegemon’s own faltering economy, causing the many expensive dentures and porcelain veneers of the ruling class gerontocracy to jiggle and grate with moral outrage and jealousy.

1b: An undesirable situation causing Janet Yellen and Nancy Pelosi’s stock portfolio to droop like a pair of botox-sapped jowls.

Are we on the same page? Good.

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First and foremost, it’s become almost a passe bromide to observe: “The U.S. funds wars, while China funds development.” But it really is true. Think about this for a moment:

Esquire reported that a Brown University investigation found the U.S. has spent an ineffable $14T on wars since 9/11:

And yes, the current U.S. debt is a massive $34T. That means quite literally almost half of the entire current U.S. debt was blown on endless, mindless, genocidal wars in the Middle East.

The U.S. has wasted its entire blood and treasure on war. Imagine what the U.S. could have built with $14 trillion dollars? Where the U.S. could have been in relation to China for that amount? As someone else noted, the U.S. could have very well built its own “one belt and road” project for that money, connecting the world and reaping untold benefits.

China hasn’t spent a cent on war, and puts everything right back into economic development and wellbeing for its own people.

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One big difference between China and the U.S. is that China is open to sharing the earth, willing to co-prosper with the U.S. Conversely, the U.S. is unwilling to abdicate its global domination:

https://simplicius76.substack.com/p/yellen-dispatched-to-beg-china-for?utm_source=post-email-title&publication_id=1351274&post_id=143376573&utm_campaign=email-post-title&isFreemail=true&r=owbv4&triedRedirect=true&utm_medium=email

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I know many here are reluctant to see China as anything other than the Bad Guys BUT ….seriously

It’s tie to get over the old “Red” China Evil Empire paradigm …Just like we have gotten over the Evil Commie Russia paradigm . The world has changed…Have you noticed ?