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© (c) Copyright Thomson Reuters 2017.Trump adviser Bannon says U.S. in economic war with China
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PTownsend
Bannon's a whack job, a believer in the '4th turning’. (Google it yourself.)
http://www.businessinsider.com/book-steve-bannon-is-obsessed-with-the-fourth-turning-2017-2
Trump Republicans: You own this mess. Those from a non-‘western’ nation run by a predatory kleptocrat who’ve spread alt facts, fake news and thrown more fuel on the fire, you’ve helped enable it.
Sorry chickenhawks. Your tough talking Trump is no tougher than tough talking Obama. At least let's hope.
Thunderbird2
Well, that should bode well for China helping to defuse the NK issue. Well done Bannon, you moron!
kibousha
Bannon's opinions on economy is as qualified as my 5-year-old's
Laguna
China has peaked. It only continues to stumble along due to its housing bubble - and that will eventually burst, as bubbles do. More importantly, check out their demographics: they now have more people leaving the workforce for retirement than entering. Plus, their Faustian bargain with their citizenry - that the CCP would be allowed free rein in return for unending increases in living standards - has run into a ceiling.
China is basically a huge Japan of 1990. Rather than toppling that rickety structure, it would be better to prop it up for a few more years.
theeastisred
This is true though:
And this:
Anyway let's hope this interview where he called a journo out of the blue, started ranting and then decided he didn't know he was being interviewed, will send Trumpo into a fury leading him to fire Bannon. Ditching Bannon is of course positive because he is so dreadful, and it will also be yet further evidence of the total incompetence and chaos of this White House. Still hoping Sessions will go soon, for the same reasons.
FullM3taL
This is what happens when you have idiotic ideologues in your government. Bannon is not an economist, yet has the President's ear on economic policies and is trying to promote trade wars. He is not a strategic or military expert, but was afforded a seat on the National Security Council where he wanted to curb NATOs influence.
The Republicans sowed the seed for this disaster long ago, when they decided to forego reason and forfeit logic in favor of appealing to the basest instincts of fear and panic.
One can only hope that this nightmare of an administration meets its end soon.
Civitas Sine Suffragio
Agree with him on the Korea stuff, but not much else.
SuperLib
Trump hasn't followed through on his tough talk campaign promises about Chna. Perhaps Steve should sit Trump down and fill him in.
Toasted Heretic
What's this? Bannon calling for people to be stoned to death, just like that professor at the Johns Hopkins University?
(sarcastic joke in reference to a post on closed Trump/Charlottsville thread)
I wonder how Darth Bannon feels about Ivanka's business exploits in China?
https://www.theguardian.com/world/2017/may/31/activists-investigating-ivanka-trumps-china-shoe-factory-detained-or-missing
domtoidi
Here's something low IQ Americans, low IQ presidents and their low IQ advisors don't understand or choose not to talk about:
Every product made in China (or anywhere in the world) imported to the US and sitting in American store shelves, houses, offices and driveways was ordered by an American company.
Chinese companies didn't build it on spec and drop it off at the docks In California hoping people would buy them off the dock.
Americans running American companies are responsible for America having a trade deficit.
This "economic war" on against America was started by Americans.
katsu78
Note the deception technique of a master propagandist: Assert that a trade war exists (without providing a shred of evidence), and then instead of defending that assertion, cast everyone who disagrees with it as "doves" (i.e. people who react to a war with overtures of peace, or in the alt-right mindset, surrender). The idiots in the audience with then have a framework pre-made for them to accept Bannon's blather without critical thought and cast all criticism of his notion as political opposition, not rational policy. We have another Goebbels in the White House.
OssanAmerica
You are both right and wrong. China (PRC) was an economic disaster since 1949 with failed programs until it's relationship with he USSR soured in the late 1960s. When Nixon opened relations in 1971 Kissinger was already talking about the massive economic gain we had before us by bringing PRC into the western economic fold. FF to Clinton era, giving "China" (now renamed for PR) most favored trading status, supporting entry into the WTO, everybody in the world wanted a piece of the action - low Chinese labor costs = high profits. The US hawks warned of trading with a communist country and the belief spread that raising the living standards of the Chinese people through a rising economy would create a large middle class which would force the CCP to loosen their grip and liberalize, moving closer towards democracy. We entered the 21st Century with China economically growing and allaying our fears with their "Peaceful Rise" mantra. But none of our expectations were met, China hosted the 2007 Olympics with a promise to improve their human rights record. That turned out to be a lie as well. Before we knew it the PLA leaders were openly talking of reversing China's "100 years of humiliation", replacing the U.S. as the dominant strategic power in East Asia, and plowing their earnings into building the biggest military in Asia. That China was in fact carrying out an "all fronts war", a combination of aggressive territorial acquisition, cyberwarfare, purchase of foreign assets, industrial and ip theft, influencing opinion through media and entertainment channels, even hiring an internet army of posters to direct online discussions eventually became clear to many in the West. But a great many are to this day oblivious to it.
Americans did not "start the economic war" with China. We were typically foolish and arrogant in trusting China to join our world order" of post WWII democratic nations and helped them become our own biggest adversary. We did not suspect that they had aspirations to create a new world order of their own.
8T
It's true, and if the U.S. doesn't do something soon they will lose this war. The U.S. needs to be weaned off the purchasing of cheap Chinese goods. Even the Chinese don't purchase their junk anymore.
OssanAmerica
Maybe. But even paranoids can have enemies.
http://www.mepc.org/speeches/chinas-challenge-american-hegemony
dcog9065
His position on North Korea is surprisingly reasonable and level-headed. That's the only good part really
lostrune2
Bannon and Trump contradicting each other