Tag: freetrade

To precisely no one’s surprise, the British Prime Minister cucked and agreed to the EU’s terms:

Boris Johnson today declared that a Brexit deal has been done after four years of desperate wrangling – with a furious propaganda war already underway. The PM has made history by sealing future trade terms to avert a chaotic split when the transition period ends on January 1, after Lord Frost and Michel Barnier thrashed out a 2,000-page text.

A Brexit deal is still better than no Brexit, but all this does short-sighted agreement accomplishes is to push forward the inevitable next conflict between the British people and their would-be European rulers. 

Apparently there are communists under the bed, in the closet, and pretty much everywhere else you can imagine:

A major leak containing a register with the details of nearly two million CCP members has occurred – exposing members who are now working all over the world, while also lifting the lid on how the party operates under Xi Jinping, says Sharri Markson. 

Ms Markson said the leak is a register with the details of Communist Party members, including their names, party position, birthday, national ID number and ethnicity. 

“It is believed to be the first leak of its kind in the world. What’s amazing about this database is not just that it exposes people who are members of the communist party, and who are now living and working all over the world, from Australia to the US to the UK,” Ms Markson said. “But it’s amazing because it lifts the lid on how the party operates under President and Chairman Xi Jinping”. 

Ms Markson said the leak demonstrates party branches are embedded in some of the world’s biggest companies and even inside government agencies. 

“Communist party branches have been set up inside western companies, allowing the infiltration of those companies by CCP members – who, if called on, are answerable directly to the communist party, to the Chairman, the president himself,” she said. 

“Along with the personal identifying details of 1.95 million communist party members, mostly from Shanghai, there are also the details of 79,000 communist party branches, many of them inside companies”. 

This should be the death blow to the entire Free Trade movement. As I have repeatedly pointed out, free trade and the free movement of peoples is entirely incompatible with nations, sustainable society, and Western civilization.

I also tend to think this has more than a little to do with the election crisis in the USA. Because I suspect an awful lot of Democratic and Republican politicians are about to be exposed, from the local to the national level. This should be a very interesting week ahead.

UPDATE: Very, VERY interesting.

There are ~52,000 American names reported to be on this list.

The list is definitely real and it’s on GitLab, but it’s all in Chinese characters. Neon Revolt reports that translation efforts are already underway. 

despite the fact that deadlines have been missed over and over we think it is responsible at this point to go the extra mile.I wouldn’t put it past Johnson to cave at the last minute and wave around a terrible trade deal with the EU like Chamberlain returning from Munich, but at the moment, it appears that British industry has been told there will be no Brexit deal with the European Union.

The Prime Minister spoke to European Commission president Ursula von der Leyen this morning about the future of the post-Brexit trade talks and is now holding a conference call with the Cabinet.

Ministers have drawn up plans for a £10billion bailout package for sectors of the economy that are set to be badly hit in the worst-case scenario. They include farmers and food producers, chemical suppliers, the car industry and fishing fleets, the Sunday Telegraph reported.

A supermarket industry source told the Sunday Times: ‘There was a conversation a week ago when ministers said prepare for No Deal. This weekend the message is that it’s No Deal.

‘Supermarkets and ministers are hugely worried about panic-buying. They saw what happened over Covid when people started hoarding toilet rolls and know how quickly it can go wrong. That will be nothing compared to what will happen. Meat supplies will be fine and fruit comes from South America but there are likely to be shortages of vegetables for three months.’ 

Last night Boris Johnson seized personal control of Britain’s No Deal preparations as the deadline for historic talks with the EU expires today.

The move came as Government sources put the chances of negotiations failing as high as 80 per cent, with German Chancellor Angela Merkel being blamed for the European Union’s hard line.

One source said that she was ‘determined to make Britain crawl across broken glass’ rather than reach a compromise. 

No Deal was always the optimal way to leave, but the politicians are terrified of the inevitable media sob stories about tomato shortages and how British vegetarians are starving due to the lack of Hungarian lettuce imports. However, it’s a lot more difficult for the pro-EU crowd to appeal to the economy now that the economy has already been shut down due to paranoia about coronaviruses. 

UPDATE: To precisely no one’s surprise, Boris cucked again. He’s certainly no Churchill.

Boris Johnson pulls back from the Brexit brink: PM agrees to CONTINUE EU trade talks despite threatening to pull the plug with less than three weeks to go until the UK leaves.

Most of these countries would be much better off electing professional poker players. This could be the theme song of the cuck: “Despite the fact that deadlines have been missed over and over we think it is responsible at this point to go the extra mile.”

They actually think that what they are doing is heroic rather than rank cowardice. But it’s just fear of abandoning the status quo.

Apparently Prime Minister Boris Johnson has informed his Cabinet that Britain is heading for no post-Brexit trade deal with the European Union. That could just be a last-ditch posturing before the final surrender, but this is the preferred outcome the British should have chosen from the start.

Free trade is good, they told us. The free flow of international capital benefits everyone, they told us. So, we can only conclude, without doubt, that it is good for the economy to learn that a major investor in Dominion’s holding company is the government of a certain sovereign state.

SEC filings: The parent company of Dominion Voting Systems received $400 million from an Investment Bank in Switzerland that is 75{3aedcb51dac2fbb83a885d32b07950f3050377138d02430f831f0a3ede84357a} owned by the Chinese government. UBS Securities is a Swiss investment bank which owns 24.99{3aedcb51dac2fbb83a885d32b07950f3050377138d02430f831f0a3ede84357a} of UBS Securities Co LTD, a Chinese Investment Bank. The remaining 75{3aedcb51dac2fbb83a885d32b07950f3050377138d02430f831f0a3ede84357a} of UBS Securities CO LTD is owned by the Chinese government,” states the report.

And now we also know why there was so much Chinese interest in Hunter Biden. It may also explain attorney Lin Wood’s very unexpected call for martial law this morning.

Our country is headed to civil war. A war created by 3rd party bad actors for their benefit – not for We The People.

Communist China is leading the nefarious efforts to take away our freedom.

@realDonaldTrump should declare martial law.

It’s getting increasingly difficult to ignore the serious national security aspects of the post-election situation.

 About free trade and globalization:

Paul Krugman has never suffered fools gladly. The Nobel Prize-winning economist rose to international fame—and a coveted space on the New York Times op-ed page—by lacerating his intellectual opponents in the most withering way. In a series of books and articles beginning in the 1990s, Krugman branded just about everybody who questioned the rapid pace of globalization a fool who didn’t understand economics very well. “Silly” was a word Krugman used a lot to describe pundits who raised fears of economic competition from other nations, especially China. Don’t worry about it, he said: Free trade will have only minor impact on your prosperity.

Now Krugman has come out and admitted, offhandedly, that his own understanding of economics has been seriously deficient as well. In a recent essay titled “What Economists (Including Me) Got Wrong About Globalization,” adapted from a forthcoming book on inequality, Krugman writes that he and other mainstream economists “missed a crucial part of the story” in failing to realize that globalization would lead to “hyperglobalization” and huge economic and social upheaval, particularly of the industrial middle class in America. And many of these working-class communities have been hit hard by Chinese competition, which economists made a “major mistake” in underestimating, Krugman says.

It was quite a “whoops” moment, considering all the ruined American communities and displaced millions of workers we’ve seen in the interim. 

Notice that they still haven’t admitted that they’re wrong about immigration and debt. But they still think you should listen to them, instead of the contrarian economists who have repeatedly been proven correct by events. It will be particularly amusing if he cites my labor mobility argument against free trade. I tend to doubt he will credit it properly….

What I find infuriating, though, is the way their own simple mainstream GDP models quite clearly predicted what will happen in a trade war between the USA and China. Any nation with a seriously negative balance of trade will automatically benefit from reduced trade and therefore win the trade war because a reduction in trade increases the (X-M) total. Reduce imports, increase GDP. The relationship is basic math.

A Chinese reader has sent me a translation of an article from a Chinese website that refers to a manufacturing index often used for predictive purposes on the basis of orders received for relevant physical goods.

The US election in November is getting closer, and the campaign situation is getting more and more confusing. Many international media and forecasting agencies have also speculated. After all, whoever is elected will affect the international current situation and the interests of the public and enterprises. So, which party’s forecast is accurate? In the last US presidential election, American forecasters predicted that Hillary Clinton would be elected, but at the last minute, Trump, a dark horse, came from behind and made it to the presidential throne. However, at that time, China’s Yiwu Index showed that Trump would be elected, and the result was exactly as predicted. So, who will predict this year’s US presidential election accurately?

As the U.S. presidential election draws closer, whether the White House will change hands, and if transactions become one of the focuses of investors’ most attention. A survey conducted by the US media CNBC in early September showed that most stock strategists expected the Democratic candidate Biden to win the presidential election. Among the 20 strategists surveyed, 14 believe that Biden will defeat the current President Trump, and 3 strategists expect Trump to win. One of them pointed out that the situation in the swing state of Florida will determine Trump’s future. Of the 20 strategists, 19 are from the United States and 1 from the Asia-Pacific region.

On the whole, domestic and foreign media are not optimistic about Trump. However, in the eyes of Chinese Yiwu businessmen, the result of the US election has been settled. Trump will definitely win the US presidential election and be re-elected as president! Why Yiwu merchants say this is mainly because they hold a mysterious “Yiwu Index”.

Yiwu Small Commodities Merchants are Counting Commodities

Yiwu Index is a very interesting concept. It is the abbreviation of “Yiwu·China Commodity Index”, which mainly reflects the price and prosperity of Yiwu small commodities. Generally speaking, the higher the Yiwu index of a small commodity, the broader its market prospects. The Yiwu Index is now the fifth largest intelligence agency in the world, a rising star in the intelligence system, especially in light of the last US election as it accurately predicted the presidential election in advance.

Experts can analyze the trend of the international market through the changes in Yiwu order data, and make predictions on international events based on this. For example, the BLM movement broke out in the United States and people demonstrated for equal rights. At the same time, Yiwu also received a large number of orders for propaganda materials, which determined that this protest would not end in a short time. This was indeed the case. The United States is about to begin the general election campaign, in which candidates will inevitably need a large number of campaign items, and Yiwu, as the world’s small commodity distribution center, can use the data displayed by orders as a basis for judging the situation.

In the eyes of small businesses in Yiwu, the results of mainstream American polling agencies are false, as only “orders will not be faked”, because more orders for aid materials mean that the campaign team’s funds are richer and there are more supporters. For example, in the past few months, Yiwu merchant Li Qingxiang has received more than 100,000 orders for Trump’s support flags, support hats, and even support masks and face towels. However, Biden’s support flags have only sold few thousand copies. From this perspective, Trump’s true approval rate may be much higher than Biden.

Although there is not much rigorous scientific basis for using the Yiwu Index to infer the results of the U.S. general election, Yiwu, as the world’s largest distribution center for small commodities, tends to be reliable in election politics in Europe and the United States. In today’s world, the Yiwu Index can indeed become a “barometer” of many political hot events.

Considering that the Trump campaign also sells a good deal of “Made in the USA” products, his relative level of support may be even bigger than the Yiwu Index suggests. 

As usual, the big US corporations have learned absolutely nothing from the disruption of the production and supply chains as a result of the coronavirus.

Large US companies operating in China don’t want to move production and supply chains from the country in the near future, even though the coronavirus may force them to adjust their business strategies, a recent survey found.

Around 70 percent of 25 firms with global revenue of over half a billion dollars have no relocation plans, despite the effect the coronavirus outbreak has had on their business, according to a joint poll conducted by the American Chamber of Commerce in China and the American Chamber of Commerce in Shanghai. The results of the March survey, published on Friday, also show that around 40 percent of the respondents would rather keep their long-term supply chain strategy for China unchanged.

While more than half of the firms polled say it’s too early to make any decisions on relocation, only four percent of the companies are planning to shift all production outside China, while 12 percent of the respondents intend to move part of their facilities.

It’s time for President Trump to start imposing massive penalties on US firms manufacturing anything outside the USA, and for Congress to do the same. And any firm that lobbies against the penalties or opposes them in any way should be deemed ineligible for any bailout money or federal funding for its employees.

David Ricardo is dead. Free trade is the most expensive and destructive kind of trade. There is no comparative advantage. And this is why no nation that plans to survive can afford it.

Prestige Ameritech. The North Richland Hills company is America’s No. 1 maker of hospital surgical masks.

During this crisis, you’d think the company would be pushing forward on all cylinders, working 24/7 to manufacture the one commodity that Americans and the rest of the world want so badly.

Nope.

When there’s an outbreak — like last time, with Swine Flu — he gets orders.  He ramps up to fill them.

Then the outbreak passes, and guess where the hospitals go?  Back to China.

This leaves him with capital equipment leases and people. If he doesn’t lay them off he goes out of business.  If he does lay them off he get’s hammered with much higher unemployment insurance premiums, the leases on the equipment he has no use for, and he goes out of business.

The last time he nearly did.

This time, he’s demanding long-term contracts. Good for him.

Guess how many he’s gotten?

I’ll bet you can figure that out.

Corporatism not only isn’t capitalism, it is pure and unadulterated short-term-preferenced evil.

It won’t happen overnight, but people are finally beginning to grasp the vital importance of making things in their own nations, with their own people:

Japan has earmarked hundreds of billions of yen of its coronavirus stimulus relief to go toward helping its manufacturing companies move their production plants out of communist China and back to Japan or to other countries.

“The extra budget, compiled to try to offset the devastating effects of the pandemic, includes 220 billion yen (US$2 billion) for companies shifting production back to Japan and 23.5 billion yen for those seeking to move production to other countries, according to details of the plan posted online,” Bloomberg News reported. “That has renewed talk of Japanese firms reducing their reliance on China as a manufacturing base. The government’s panel on future investment last month discussed the need for manufacturing of high-added value products to be shifted back to Japan, and for production of other goods to be diversified across Southeast Asia.”

David Ricardo is finally, at long last, being buried for good.

And what we’ve — what we’re learning from that is that no matter how many treaties you have, no matter how many alliances, no matter how many phone calls, when push comes to shove you run the risk, as a nation, of not having what you need.

Corona-chan even has the agriculture industry in Britain looking to hire young British workers:

Farmers say the fall-out of the coronavirus chaos means they desperately need an army of Land Girls – and boys. Travel bans brought in to prevent the spread means they have lost the thousands of foreign workers they need to pick fruit and veg crops. The industry trade body British Summer Fruits is warning that produce will rot in the fields and orchards unless they can find replacements….

“Last year 98 per cent of harvest staff were from outside the UK. We are now very concerned about securing enough workers to help harvest our vital crops and get fresh fruit and vegetables to the public. To help, in the next few days the berry industry will be mounting a large-scale recruitment campaign to encourage people who are in the UK and looking for work because of the current economic impact of the coronavirus to come and work on our farms.”

If you ever wondered why all those lazy young people can’t seem to find work these days, perhaps it’s not due to their laziness or lack of a firm handshake, perhaps it’s because 98 PERCENT OF THE ENTRY-LEVEL JOBS have gone to foreigners.