Thursday, November 12, 2026

WALL STREET HUMILIATED BY CHINESE ECONOMIC REPORT

            Little more than a week after the most important election of our lifetime, the American electorate is growing discontented because we haven't yet seen immediate price deflation and full employment. After going to all the trouble of dropping an envelope in a mailbox, Americans no doubt feel righteous outrage that they sent a message and nobody's listening. 


           Both wings of the Uniparty are promising that Economic Recovery is right around the corner, as they have been ever since the Recession of 2008. The hemorrhaging really started during the Bush/Clinton Era when (despite many warnings), our agricultural and industrial base was gutted and outsourced, employee rights were stripped, restrictions were lifted on monopoly and corporate consolidation, and most of our national wealth gravitated into fewer and fewer hands. This led to a crash in 2008, to which our 'government'---by now the hired stooges of these Robber Barons who'd also won repeals of political campaign and lobbying funding---were bailed out by the taxpayers. We're still assured, though, that this really is a 'Free Market' and it would work if things like 'National Security' issues and foreign conflicts; the Scamdemic; the 'Immigrant Invasion' etc. hadn't impeded the Recovery.

          Meanwhile, however, countries which haven't gone down the same path have been rising and surpassing the US economically on a regular basis. For example, China reported yesterday that Foreign Trade numbers for October had surged an incredible 31.2%. The surge was fueled by increasing demand in the Tech Sector.

           "Chen Jing, a vice president of the Technology and Strategy Research Institute, told the Global Times on Tuesday that rising global AI investment has boosted demand for servers, memory, optical modules, printed circuit boards, power supplies and cooling systems, creating opportunities across China's manufacturing supply chains.

          "'China's strength is not necessarily in having the most advanced technology in every individual segment, but in its ability to deliver integrated systems,' Chen said. He pointed to China's extensive industrial clusters, manufacturing scale and efficient supply chains, which allow companies to coordinate component production, testing, assembly and delivery within relatively short periods."

          All of the American proponents of Postmodern Crony Capitalism might want to ask themselves how China accomplished this without economic blockades and sanctions; or fomenting Color Revolutions abroad; or manipulating stock prices; or asking themselves if China's economic and social system might be more successful because it's focused on getting results than it is in protecting positions. China also has a media that actually tends to focus on relevant issues instead of inventing public distractions and hunting for scapegoats. 

       Americans tend to favor voyeurism instead of policy issues, though. 


          In our exceptional culture, the only thing more important than economic downturns and political corruption is the fear that somebody, somewhere, may be engaging in heterosexual activity without publicizing the fact for social approval or disapproval. This is one reason why China is now leading the world in exporting advanced technology while the US leads the world in exporting pornography. That, coupled with the US' position as the #1 destination for narcotics tells us all that we need to know about the relative economic and cultural futures of both countries.





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