Beijing’s wisdom valley is a former massive steel mill.
Yes indeed in the north-western district, is where the famed Beijing ironworks were located…
Now all the old steelworks have been removed, the area has been cleaned up, and China’s Silicon Valley has been created in its place.
That’s a massive undertaking and a harbinger of things to come.
And that is what they call “Wisdom Valley” in Montague district, or perhaps more descriptively — they call it Beijing Silicon Valley, with a singular focus on AI.
Seeing how China has now created a Digital army, or rather a branch of their armed forces that is comprised of all the computer Scientists, digital workers, and AI experts in the land — one has to wonder, what is the conflict they are gearing up for ?
In America none hears about the imminent new mandatory registration of all the young ones into the armed forces, and you have to think that this economic war might turn thermonuclear before August turns September…
Meanwhile we are blaming China, because America’s fiscal policy has really fouled up our economy.
Transitory Inflation ?
Hmm?
That’s a self-goal wouldn’t you say?
Foreign policy has really fouled up our economy.
E.g. release billions of $ US Dollars to Iran, who starts wars ubiquitously in their own neighborhood and far beyond.
Iran then sells oil & gas to China, same as Russia does too…
Russia, then starts their own war … in response to our encroachment in their backyard, and in response to our bombing their gas pipelines to their customers.
NordStream anyone?
Ukraine coke clown Nato-puppet anyone?
In no time crude oil is bouncing from $0 to who knows where.
Yes, $0 per barrel was too low, but a single penny to Iran is a penny too much.
A second self-goal, wouldn’t you say?
China into the WTO wrecked the American wage scale and gutted critical US manufacturing capabilities.
As did offshoring silicon chip production to a tiny island called Formosa, that sits just a stone’s throw away from the mainland and thus singularly situated in China’s crosshairs.
Ok, now we’re down 3-0 and the opponents haven’t even gotten off the bench.
This all results from party driven policies NOT from any instance of serious, or even smart economic science.
And that is where I wholly disagree with the statement that presidents don’t directly influence economic levers.
When you suppress domestic oil production, ship your LNG to Germany after bombing the Nordstream pipeline, tell the country in 2012 that manufacturing jobs aren’t coming back, release billions in frozen assets to your “love child” named Iran, and flood the country with 12 millions of desperately poor illegal migrants willing to work for peanuts — you depress American wages — well then — you are indeed drunk, stoned, Alzheimer’s sufferer, and yet still gripping the levers of power, with both hands while doing the Chicken Dance or staring into infinity, frozen in the mental fugue of the doddering fool…
Well done America.
Now, what more do you want ?
Yours,
Dr Churchill
PS:
Monopolist intervention against China is a false start, anyway you cut it.
Free trade is a hallmark of America, a mercantile nation, if not a trading empire, and the currently scheduled tariffs are a direct, regressive tax on Americans, and thus President Joe Biden’s new tariffs on Chinese goods will hit every American family, where it hurts…
President Joe Biden’s claim that he caused less debt than his predecessor, is false when calculating debt accrued during his tenure in office, because by the end of his four-year term, debt accumulation on his watch, is projected to exceed the debt under former President Donald Trump’s first term.
Admittedly, when assigning portions of the national debt load, to a particular president can be misleading, because so much of it traces back to decades-old, bipartisan legislation that set the parameters for well entrenched institutions like Social Security and Medicare.
Yet the American inflation of today is unsupportable and that is why the next US president’s name will not start with the letter “B”
Yet it better be an Alpha male who can courageously correct this mess = otherwise we are all going straight down the pooper.
