In this 11-minute video, multiple Chinese people, including pilots and flight attendants from China’s Joy Air, which has been caught in a suspension storm, share the current situation where airports are deserted, and airline pilots and flight attendants are forced to resign and switch careers or take up delivery jobs to make a living.
This is the true state of the Chinese economy amidst the trade war. The empty airports are shocking to behold. Yet, in such circumstances, the CCP Foreign Ministry still released propaganda videos claiming that China “does not kneel.”
This is the distorted mindset of the CCP, incompatible with the civilized world. In their minds, relationships between countries and between people are only about being forced to kneel or forcing others to kneel. They do not understand normal trade negotiations or that relationships between people and between nations can be based on equal and mutually beneficial cooperation.
Tag: economics
Alex Jones on the diamond cartel
FINLAND: Weather and challenges – A Year in the journey of timber transport – Episode 1
GDP goes negative. And it’s glorious — Peter St Onge
An Unavoidable Trade War with Canada is Looming – Trigger Date July/August 2025
…Because the Canadian government became so dependent on their role as an assembly economy, they enmeshed with China in a way that made them dependent. The political issues of Chinese influence within Canada are a direct result of this dynamic. In fact, China was the big winner from the outcome of the recent election because all of their investments into Canada are grounded on retaining Liberal government dependency.
If Trump targets China with punitive tariffs, the Canadian economy will be collaterally damaged. Canada will end up paying a tariff rate because they use cheap Chinese component parts in their finished goods. Canada has structurally designed their economy to do this over multiple years.
Understanding the unique nature of the Canadian economic conundrum, the only way to address the issue is to break out the USMCA into two separate bilateral trade agreements. One set of trade terms for Mexico that leverages border security, and one set of trade terms for Canada that leverages NATO security and border security. The only substantive similarity between them will be in the auto and agriculture sector.
If you think the multinational corporations, political leftists and UniParty Republicans in the USA are strongly opposing Trump now, just wait until later this year when the Trump administration proposes the elimination of the trilateral North American trade agreement, USMCA.
According to the World Bank, the USA economy is $27.3 trillion. Canada is $2.1 trillion.
Do the math!
[…] The expectation, according to two people close to the White House, is that negotiations to permanently remove the threat of painful 25 percent tariffs on Canada — which Trump mostly rolled back earlier this month — and other sector-specific tariffs are likely to be folded into the upcoming review of the U.S.-Mexico-Canada Agreement. That review is due in 2026, but the Trump administration wants to accelerate to this calendar year.
“It makes sense to separate out Canada and Mexico from the rest because they are going to want to redo the USMCA,” said one of the people close to the White House, who were granted anonymity to discuss ongoing deliberations. “They’re going to have separate tariffs that focus specifically on Mexico and Canada, and they’re going to take some actions to squeeze them a little bit.” [LINK]
The above is an excerpt from a very good article on Canada and its deeply weakened economy which depends overmuch on China. ABN
Full White House press briefing of Karoline Leavitt, Deputy Chief of Staff Stephen Miller
Stephen Miller short clip:
Full video: White House press briefing of Karoline Leavitt, Deputy Chief of Staff Stephen Miller
Kevin Hassett on tariffs, taxes, trade, and US economy
My time in China showed me what we’re up against. Trump’s the first one in decades willing to actually do something about it — Jack Poso
It takes many years to reach this conclusion. I have a somewhat similar background. In the early 2000s, I naively assumed the US intelligence community already knew what Jack is saying about China. Based on that, I figured our politicians and business leaders had been briefed; that they knew the score. The truth was, it took the US government and Western elite longer to figure this out than many Western individuals who had actually lived in China and learned the language. I am not blaming anyone, just pointing out that elites in the West and probably everywhere are no smarter or insightful than ordinary people. Indeed, as a group, elites often behave stupidly. They are held together by psycholinguistic codes and mutual dependency, so they all tend to think alike or form factions that do. Their deep misunderstanding of China can be seen in many other areas — their failure to form an alliance with Russia after the fall of the SU, the Ukraine War, mass third-world immigration, the covid psyop mingled with the incongruous fantasy that deep down all people are the same and all of them will treat you well if you treat them well, and so on. Intel services would do much better if they listened to were led by people who have had real-life ordinary experience in whatever area they want to understand. I am a proud conspiracy theorist, but the examples above show that much of our predicament as citizens (of any nation) is our elites are poorly informed, selfishly tied to each other, and as such stupid. Yes, they do conspire against us and cause great harm but they do that stupidly as well. ABN
X’s bottom line
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Denis may have some details wrong but the gist is correct, far as I know. I visit X to find random info or get insights from people like Denis. Pro-tip — if you want to enjoy X without seeing any ads, just follow a bunch of conspiracy theorists. Money is everywhere and affects everything and thus should always be a consideration when assessing any information. ABN
China is panicking over tariffs and its worst economic crisis since covid and this could have major ramifications on USA — Peter St Onge
How power is being consolidated in today’s world — Evan X
What people thought America could be – a beacon of democracy – was the last thing it became. In reality, it’s a corporate machine that has given rise to the Transnational Private Sector (TPS).
The TPS is a coalition of corporate giants, led by the Financial-Industrial Complex (FIC) with firms like JPMorgan, Goldman, and BlackRock, alongside the Military-Industrial Complex (MIC), Consumer-Industrial Complex (CIC), and Techno-Industrial Complex (TIC).
This collective force operates beyond borders, transcends nationality, and prioritizes profit over public welfare.
When Jamie Dimon, JPMorgan’s CEO, warned in October 2024 that wars in Ukraine and the Middle East could destabilize the global economy, he wasn’t just forecasting. He was asserting the TPS’s dominance over policy.
To understand this power, you have to examine the game theory driving the TPS’s clash with nations.
This concept that I have developed deliberately sets aside the idea of good, evil, right, or wrong. Geopolitical dynamics are examined through the lens of incentives, power, and measurable outcomes, not moral judgments. The focus is the strategic interplay of actors, stripped of ethical narratives.
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Game theory provides a framework for understanding geopolitical strategies by analyzing the incentives that drive actors’ decisions.
There are two distinct game types: finite and infinite. Both these games shape global interactions. Finite games are zero-sum with defined endpoints, and clear winners and losers. It’s akin to a corporate quarter where profit maximization is the sole objective.
One player wins, the other loses.
Infinite games, conversely, lack a conclusion, have no end, prioritizing sustained participation through long-term stability, akin to a nation’s multi-generational survival strategy.
States operate within infinite games.
They do not expire. They do not tap out.
Continue reading “How power is being consolidated in today’s world — Evan X”
Trump’s education boss reveals greedy truth behind Biden’s student loan forgiveness: ‘They have profited massively’
President Trump’s education boss Linda McMahon has defended the administration’s decision to resume student loan debt collections — insisting that greedy colleges have “profited massively” from Biden-era forgiveness measures.
The Department of Education announced Monday it would start recouping federal student repayments again from May 5 from the roughly 5.3 million borrowers who are currently in default on their loans.
In a fiery Wall Street Journal op-ed addressing the move, the education secretary blamed the Biden administration and universities for making “empty promises to students while pocketing their loan dollars.”
As the Middle East stabilizes and Israel is forced to trade its military dominance for economic survival, it will scramble for new regional partners to stay afloat
Large number of IRS employees to take buyout — 25% preparing to resign
25 percent of Internal Revenue Service (IRS) employees are are preparing to take buyout offered by the Trump administration and resign from the agency, according to a report.
CNN, first reporting the “staggering” figure, notes that 22,000 of the IRS’s 90,000 employees plan to accept buyout offers and resign. IRS staff faced a Tuesday morning deadline to opt into the latest “deferred resignation” buyouts.
“This is enormous,” sources told the anti-Trump news outlet.
Bessent on Trade Talks, Powell Future, Argentina, Dollar
Has anyone else noticed that Bessent has a slightly halting way of speaking? He is clearly a super-smart person but seems to have a slight speech impediment dealing with breathing or throat discoordination. This is absolutely not meant as a criticism or insult. I am just curious. Personally, I love almost all kinds of speech and am almost never bothered by any speech weirdness. Honesty is the best form of all speech and there is nothing better. So a learned articulate liar, in my view, is a much worse speaker than an honest though halting and uneducated speaker. ABN
American Buddhist Net 
