Showing all posts tagged economy

In Cadence

Cadence of Conflict: Asia, June 18, 2018

Author SymphonyPosted on

Trump has stopped military exercises near North Korea, but he has not initiated any plans to withdraw troops. His reason for stopping the exercises is that they are provocative and expensive. He has a point: If the heads of state are talking then we are less in need of fighting practice in a scenario where heads of state are not talking.

The military exercises with South Korea are expensive and provocative, as Trump explains. Frankly, they should stop. With healthy conversations and progress toward peace already behind us, there won’t be a need for those drills any longer. Rehearsal for conflict that might never exist can often provoke the very conflicts we otherwise would not need to prepare for. As for the “expense” defense, few accountants will argue in favor of nickeling and diming away money as fiscally responsible and no one believes that taxpayers’ pockets are infinitely deep except pundits with portfolios in public funding.

The Western news is that Trump is wrong, specifically with regard to China that China wins. According to this week’s Western news narrative, China wins because of troop withdrawals that haven’t happened, because a friend of China will de-nuke, and because over 30k US troops will be free to go home—or go to Taiwan, Mischief Reef, Vietnam, the Philippines, Japan, or any number of other Pacific island-nations China doesn’t get along with.

Economically, China “wins” because manufacturing is leaving China—which must therefore mean that China’s innovation and science is the new source of manufacturing elsewhere. Perhaps that includes innovation and science like the Chinese government now trying to track every car with a chip as of 2019. The “Mad Scientist” theorem of the experimental police state research moving from North Korea to China continues to play out.

Just remember with everything: There’s more going on than anyone can see. Deals between governments are never fully explained to the public. They shouldn’t be. But, as peace develops in one part of the western Pacific, hostilities move around and every pundit seizes opportunity to say, “I was right.” No conflict is without news profiteering.

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In Cadence

Cadence of Conflict: Asia, April 16, 2018

Author SymphonyPosted on

The war with China is becoming the war with Russia and China, it’s economic, it’s culminating, and Britain is double-involved.

Since the strike on Syria, Russia is angry and thumping the drums. They promised retaliation before. After, they really promised really retaliation next time. It almost seems that Trump is testing Russian and Chinese leadership—and North Korea and Republican and Democrat—and has called their bluff. That’s coming at the US via Europe. But, Germany is also taking rhetorical shots at China, bringing Europe back into the Pacific conflict.

Britain is in contemplating trade talks with Taiwan. The UK is already involved in the Pacific conflict with Hong Kong’s exit status—that China will have no involvement in Hong Kong matters for fifty years as a condition of Hong Kong not being British. With Britain “friending” up to Taiwan, we see more involvement from the Crown.

But, the main fuel in the Pacific conflict is economics. US sanctions are successfully driving Kim to the table; China is eager to work with Japan before a Kim-Trump talk disarms the North. So, the US sanctions are also driving China and Japan to do at least something.

Then, there’s China’s own economics. Germany is angry about Chinese investments in Europe. More news stories this week talk of Chinese using money as a hostile takeover tool in Sri Lanka and Pakistan. China’s ability to stand against a US trade war goes back to US Treasury bonds and the direct devaluing of China’s own currency. While different “experts” have differing opinions, money is the talk—everywhere.

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In Cadence

Cadence of Conflict: Asia, January 15, 2018

Author SymphonyPosted on

Jeffery Lewis at the Daily Beast has finally found a solution to the problem with North Korea: Kim Jong Un’s port-a-potty. By bombing the dynastic successor’s port-a-potty, the US would demonstrate both precision and presence. This would be the proverbial “arrow” from Robin Hood, conveniently shooting its way into the Sheriff’s chamber.

Though the “papers” have not been “supplied” to top “brass” at press time, the premise has merit: showing that the US means business by “denying entry” for Kim to do his. While the “move” would surely cause an “emergency”, their could be new security concerns about “individual privacy”. The strategic proposal does not clarify whether or not to strike the “facility” while it is “occupied” by Kim “forces”.

As for other port-a-potties in the region, China and Taiwan are deep in their own “potty” match. China is unilaterally opening new flight routs, reportedly in violation of agreements under the International Civil Aviation Organization. New flight routs are “required” to be coordinated first, but these were not. China simply “activated” them. The routs are very close to Taiwan airspace and Taiwan has made quite the buzz about it.

The US further complicated matters with a unanimously-passed bill from the House: the Taiwan Travel Act, which allows for high-level diplomatic visits between the US and Taiwan “under respectful conditions”. The bill serves to support a shared “commitment to democracy”. The House also passed HR 3320, which directs the Secretary of State to strategize for Taiwan to regain “observer status” at the World Health Assembly, which Taiwan failed to obtain in years past.

China made its own moves, particularly with doubts on the continued purchase of US Treasury bonds. That sent tremors through the markets in multiple directions.

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In Encore

Encore of Revival: America, November 13, 2017

Author SymphonyPosted on

The vote swing in this week’s “off-year” election is not a referendum on Trump, but a referendum on a divided Republican party. The victories came largely from a state that twice elected Obama. The party will succeed in elections as much as it succeeds in unity. Disowning Trump has now proven that it only helps Democrats, which makes all the sense in the world.

Trump has every reason to continue to allow Mueller’s investigation. There doesn’t seem to be any dirt on Trump to find, Mueller keeps losing credibility, and Anti-Trumpists are well-distracted by the distant hope that Mueller might find something to warrant impeachment. While the Mueller drama continues, Trump can get legislation through Congress, many Anti-Trumpists are too tired to notice, and the press doesn’t have any ink left to report on it. That’s not to mention that the stronger the fruitless scrutiny, the stronger it makes Trump look, not to mention a 25% boom in stocks since Hillary conceded. If Mueller is part of a conspiracy, it almost seems that his “conspiracy” would be to help Trump. That’s what he is accomplishing, anyway.

Christians are getting even more guns. They are doing it legally and they are arming to the teeth. The Texas Church Massacre has opened many eyes to the vulnerability of certain traditions. “Conceal carry” seems to be a favored answer. Everyone is hardening their stance, the country is polarizing, and, thanks to social media, everyone’s political opinion is on record. This year, the country is getting some of the strongest—and most helpful—looks in the mirror we’ve gotten for a long while.

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In Cadence

Cadence of Conflict: Asia, September 18, 2017

Author SymphonyPosted on

China’s situation is growing more and more similar to North Korea’s. They seek to “match” the US in military strength, but aim to do so without US economics. Without the economics it will be hard to match anything. Slowly, but surely, the US is chipping away at money going into China.

Stocks were up in China, especially recently. Shenzhen is fairing quite well. But, Trump managed to block a Chinese company from buying a US chip maker, Lattice. This is just the beginning, not only for blocked deals both in the US and elsewhere, but also in bad international press against China.

Taiwan isn’t helping. 500 Taiwanese in New York protested the island not being a UN member, claiming that Palestine is not a state, but has a membership. If Taiwan were to join the UN, it would be in the top 25% largest populations. But, pushing these matters will likely have no impact, other than bad press against China.

This week, North Korea launched again, scaring Japanese even more, making it even harder to defend the Kim Dynasty. China doesn’t want to lose a “buffer” that would put a stronger US ally on its border, nor deal with an influx of refugees. But, China may have more than the situation with the US and North Korea to worry about. The dormant volcano on North Korea’s side of the China border has been rumbling.

There’s nothing like a small “act of God” to settle all disputes.

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In Cadence

Cadence of Conflict: Asia, April 24, 2017

Author SymphonyPosted on

All eyes on Korea means all eyes on China, which means all eyes on Trump. What’s at stake?—not nuclear war, not regional war, not freedom for northern Koreans, but a trade deal with China. At least, that’s the story if you ask the money channels.

China is a “gold mine for innovation”, the hope for breakthrough in the car crisis—in case you didn’t know there was a car crisis. Australia is partnering with—of all countries—China to address cyber theft. China is such a booming, excellent, most-happening place that Chinese investors have actually decided it’s a good idea to finally start reinvesting in their own country.

But, most importantly, Trump needs to be very, very careful in dealing with northern Korea. China even said so. They even made a phone call to say it.

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