Imprimis: Why we should stop funding China

Posted by  $  blarman 1 month, 1 week ago to Politics
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This is an in-depth article from someone on President Reagan's taskforce which crippled the Soviet Union. It speaks to how we can significantly weaken China - the biggest bad actor on the public stage - simply by identifying investment opportunities and refusing to fund them.
SOURCE URL: https://imprimis.hillsdale.edu/roger-w-robinson-stop-financing-china/?_hsenc=p2ANqtz--53K1wZaIuxqVuAHhKEQnKpFet6geVgBbChh3Tn6XrizyD1PB4rG-iKzyl93i1QUj2a_PCYPWFEC4ZVXAdKFUDZsuM6g&_hsmi=78699400


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  • Posted by Lucky 1 month, 1 week ago
    I like this article, thanks blarman.
    This is important, posted over 18 hours ago, but still no comments!

    To provoke- I could expect some views from the Objectivist/free market purists, that includes me sometimes.
    Commentary could accept (or not) the description of how the government of China is behaving but argue that restrictions on trade and investment are wrong, or will not do what is needed, or will work but there are worse repercussions.
    .. .. ..
    Compare Iran, tried? working?
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    • Posted by  $  1 month, 1 week ago
      Free trade only really works when you have both parties willing to agree to the same basic terms. China isn't willing to do that. If we really believed in a free market, we shouldn't be doing business with them until they did as well - and backed up their rhetoric with real action.

      The problem with catering to nations who don't adhere to free market principles based on the notion that "if we engage them they'll change" is debunked in this article. The author demonstrates what happens when we stick to our values and why it is so necessary in international relations.
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      • Posted by IndianaGary 1 month, 1 week ago
        To your point, trade is not free when one side actively seeks the destruction of the other. Trade is not a suicide pact. I've long thought that "trade", such as it is, with China makes no sense from a capitalist point of view. It simply provides the enemy with the tools with which to destroy us. It's the "sanction of the victim" on steroids.
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  • Posted by  $  TheRogue1000 1 month, 1 week ago
    It's amazing how visible it is. Yet those for whom money is everything just figure they'll be dead by the time the worst happens, so what the hell.

    This was a terrific eye opener. And one may be sure that the Lefties will do nothing about it...ever! Trump has the cojones to act, but only if he is informed about the details and possibilities. One hopes that may happen.
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  • Posted by mccannon01 1 month, 1 week ago
    This among other reasons is why I've kept my investment portfolio domestic. It's not in any danger as far as I can see.

    Wall Street follows the money. If millions of individual investors say "NO" to their capital being invested in such countries, Wall Street will comply.
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  • Posted by LibertyBelle 1 month, 1 week ago
    So why don't we just boycott products from China? In fact, why doesn't the United States government simply embargo the place?
    I was very disgusted with what President Nixon did in 1971, getting chummy with them in the first place.
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    • Posted by  $  1 month, 1 week ago
      That is the real question, isn't it? For all of the current value-signalling from "woke" American companies, they're certainly not willing to cut ties with their Chinese suppliers, instead criticizing other US companies...
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  • Posted by  $  allosaur 1 month, 1 week ago
    Our own Deep State has to have some serious skin in this funding of Red freaking China guano.
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    • Posted by  $  1 month, 1 week ago
      My question is what do they hope to gain? If the history of communism has taught us anything it is that it simply destroys things - even its own leaders. Why someone would actively seek to install communism (or socialism) just baffles my mind.
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      • Posted by Eyecu2 1 month, 1 week ago
        Those people are short sighted and only care about their own benefit. They believe that if they ever bring communism to America that they will be in the "Ruling" group as they are now. Therefore the devastation that it will bring to everyone else is not their problem. In fact they most likely feel that by forcing all others down it builds them up just that much more.
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      • Posted by  $  allosaur 1 month, 1 week ago
        From what me dino learned from the article, this "funding" is actually financing or how capitalists make money off of interest.
        Between capitalists, financing is not a bad thing as long as a debt can advantageously be paid off by the borrower.
        In the case of Red China, the elites are profiting off the toil of political prisoners and enslaved peasant workers, the larger latter group not knowing squat about freedom due to incessant indoctrination.
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