Better a short recession than Chinese world hegemony.
Stopping
the Chinese yearly enrichment that is caused by our huge purchases there can only
succeed if we replace Free Trade with China by Equal Trade with China, that is
by not allowing China to sell more to us than they buy from us. It is obvious
Shi Jinping’s renewed apology for free trade is purely in his own interest
toward world hegemony. Free trade with China should precisely be stopped, not continued.
But it is evident too that this will create a temporary and short world recession
while a new trade equilibrium is organised and established in the intricacies of industrial purchasing lines. So actually the
choice is: Do we prefer a recession or do we prefer Chinese World Hegemony? With recessions, we have quite an
experience. The huge 2008 meltdown is still fresh and
we should ask ourselves “have these past recessions done us any permanent
harm?”. The answer obviously is no, actually not at all. And we must compare that to the prospect of
world hegemony by the Beijing cruel dictatorship, that does not allow any free speech,
and is horrible to dissenters. The creeping growth of this take over, all over the world, we see it happening inexorably.
What to chose then should make no one hesitate: we better have that
recession! And, as it will have been artificially
induced, the rebound from it, would predictably be strong, not to forget mental pride too, because the underlying economic basics will then still be healthy.
Comments
Post a Comment