US sanctions, China invests. Guess who’s winning the 21stcentury?
US sanctions, China invests. Guess who’s winning the 21stcentury?
Upon
his inauguration in January 2021, President Biden trumpeted his
determination to win the 21st century against China. Not militarily, but
economically, politically and diplomatically.
But
his proclamation got upended by a rookie presidential mistake for the 6
decade long political leader. Sensible advisors cautioned Biden to
pivot away from ever increasing US sanctions by his predecessors going
back to Eisenhower in 1959 against Cuba. Biden has done the opposite,
adding over 6,000 new sanctions covering a third of the world’s 195
countries. Worse, his sanctions cover over half of countries deemed ‘low
income’. This severely restricts delivery of critically needed
medicine, medical equipment and infrastructure, contributing to
thousands of needless deaths.
Much
of the world outside of NATO and a few Chinaphobe Far East Allies are
fed up with Biden’s self-destructive strategy for winning the 21st
century. Many have joined or are applying to join the 2 major
non-aligned economic blocks: BRICS (Brazil, Russia, India, China, South
Africa,) and Shanghai Cooperation Organization (9 members and 4 observer
states.
Both
organizations are committed to neutrality and end to US sanctions
disrupting life sustaining world commerce. To that end they are moving
toward de-dollarizing world trade. That spells huge financial ennui for
Uncle Sam.
Compounding
Biden’s disastrous sanctions expansion, China is doing the
opposite…investigating in developing countries, not sanctioning them.
Unlike the US, China understands that sanctions never work. Their
devastating effects of disease, food insufficiency bringing death,
change neither the regime nor the policies of country rulers the US
irrationally hate. Quite the opposite. Murderous sanctions coalesce most
of the populous around leaders however corrupt and dictatorial they
might be.
If President Biden pens his memoir, he might consider the title: How I Lost The 21st Century’.
0 Comments:
Post a Comment
<< Home