Saturday, July 14, 2018

It's a mistake to think that just because China imports a lot less from America than the other way round, America can somehow hurt China more

US exported ~130 billion USD worth of stuff to China in 2017. The reverse flow was ~505 billion. News stories are filled up with analyses/claims/declarations/opinions that because of this huge imbalance - in China's favor - the US has an upper hand in the ongoing US-China trade war [ironically, it's this trade imbalance itself which has cause the trade war in the first place], and that it can somehow hurt China more. The argument is that China can't match dollar-for-dollar the tariffs that the US continues to impose on imports from China [because China imports so much less], and so it'll "run out" of the current Chinese response of imposing matching tariffs on imports from America [once American tariffs cross 130 billion worth of goods imported from China].

Not entirely correct. 130 billion is just the direct, visible imports figure. There's another *huge* category of indirect "imports" from America - the locally-made American products that Chinese consumers buy *so prolifically* [Starbucks, GM cars, Apple's iPhone and other iProducts, Boeing airliners, etc.].

"General Motors now sells many more cars in China than it does in the United States...". - [link]

Not sure if America or Donald Trump realizes this, but it's quite easy for the Chinese leadership to *really, really* hurt American companies and thus America by mobilizing its population against American products - whether directly imported or manufactured locally - in the name of retaliation and patriotism. Trump and his team will quickly crumble to their knees under unbearable pressure from Corporate America if the Chinese leadership one day decides to encourage its citizens to vigorously boycott American products and services in favor of goods from German, British, French, Italian, South Korean, Japanese, Russian, Swiss, Swedish, Canadian, and other developed nations' companies. The point behind listing the names of these nations is that there are many other developed countries in the world which'll be more than happy to provide substitutes for American goods and services.

America shouldn't overestimate its power, or underestimate a mighty country like China's. The eras of America hegemony, and of abuse of the rest of the world are ending fast.

Sunday, July 01, 2018

Russia must seize the moment - the 2018 FIFA World Cup - and convert each of the foreign visitors into a psychological soldier who will forever speak good of Russia

Western news media is vile. They report selectively. They don't report stuff that doesn't fit their agenda, their goals [which is basically promoting the imperialist foreign policy of their home nations]. They act as a middleman between those leaders/rulers who they want to demonize, and thus general public - thus presenting a highly distorted image of the leader/ruler to the public and making him a sort of demon in their eyes. They don't allow you to see or hear him directly - lest you see clearly that Western media is lying. This isn't very different from a man-in-the-middle attack.

Russia must fully utilize this moment it has got - the FIFA World Cup - to send back home "soldiers" who will speak well of Russia. Russia must convert the foreign fans and visitors who have come here for the games into Russia-lovers who will, for their entire lifetimes, spread positive messages about Russia and attack Western media's false reporting. Russia has got this moment where it can speak directly to the people of the world - right here in Russia - completely bypassing Western media which doesn't let Westerners directly see or hear Russia/Russians.