Frittering it all away ...

 Photo by Annie Spratt on Unsplash

Frittering it all the away applies, beginning with Ronnie deregulating everything to enable corporations to offshore manufacturing to China in order to gin profits for stockholders to a disastrous Middle East foreign policy iniative costing America 8 trillion with nothing in return save death and destruction, thus rendering this country fundamentally broke except for the weapons manufacturers making tremendous profits while the rest of the country splinters into a nation in name only, rabidly focused on non-economic hot button issues like women rights, Critical Race Theory and the ongoing insanity of Trump world instead of actually trying to rebuild the country into a viable entity able to deal with the complex vagaries of a hostile world facing the existential issue of climate change while maintaining access to high tech, the prime driver of the world's economy as civilization moves further into the 21st century.

Taiwan chip industry emerges as battlefront in U.S.-China showdown

The U.S. currently can’t make our own semiconductor chips. We’re actually trying to make a deal with Taiwan so they’ll make more for us. China can rebuild their capabilities, but their technology lags Taiwan by a decade. Essentially, both the U.S. and China have found themselves almost completely dependent on Taiwan for all of its technology.

This situation is going to get worse…

Climate change isn’t going to suddenly stop destroying key semiconductor sites. If anything, it’s going to keep shredding our economies along with our capabilities to make electronics, including cars and appliances. Whoever dominates the production of tech and key resources will, basically, rule the world. Nobody will be able to oppose them.

The US is clueless ...

If you’ve been paying attention, China has only solidified its economic and political partnership with Russia over the last year. They’ve all but come out in support of their invasion of Ukraine. They’ve very quietly agreed to offer economic and military assistance.

Meanwhile, China has also been making all kinds of deals with countries that don’t like the U.S. very much. They’re making oil deals with Saudi Arabia, who pretends to be our ally. They’ve started singing love songs to India, despite border tensions. They’ve also recently made a security pact with The Solomon islands. We don’t even know about some of these deals until leaked documents reveal them to us.

China has invested a lot of energy in making friends with countries that westerners have ticked off. A growing partnership between China, Russia, India, Saudi Arabia, Pakistan, and a handful of other resource-rich countries is nothing to sneeze at. China is building a coalition of economies that can make western sanctions worthless.

They’re making powerful friends.

It gets better ...

China has been preparing for the worst.

While climate change decimates us with pandemics and natural disasters, Americans are getting high on wishful thinking.

China hasn’t.

The Chinese government has made massive investments in clean energy. They’re been building hydro plants, solar plants, and wind plants. They’re even building nuclear plants. Soon, they’ll have something western countries have toyed with for decades — true energy independence. I don’t just mean from other nations, but from fossil fuels.

China has also been hoarding grains. They’ve been telling their own people to stock up on food. Between drought and fertilizer shortages, they know the world is in for rough times.

They’re going to weather it.

We won’t.

Over here in America, we’re more reliant on fossil fuels than ever. We’re so dependent that we’re having to send stimulus checks for gas, just to keep our own citizens from rioting in the streets.

Frittering it all away ... applies