
Pathologies of American presidents
Last December, 100-year-old Jimmy Carter died after lingering for more than a year in hospice care. This happened as the presidential administration of an old man with dementia was approaching its end. A couple days ago, it was revealed that this feeble old man with brain damage also has aggressive cancer in his prostate and...
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When President Donald Trump imposed his sweeping tariffs on April 2, he had two main objectives: Reduce the trade deficits Bring jobs and manufacturing back to the United States These were the stated goals but, as we soon found out, the real aim was to weaken China by preventing them from selling goods to US...
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Hua Bin • May 14, 2025 • 3,100 Words
The New York Times is not usually mentioned in the same breath with Mining Journal or the Northern Miner, the leading lights for the mining industry. But between April 14 and 17, NYT ran 5 stories with titles below - China halts critical minerals as trade war intensifies (April 14) What are rare earth metals,...
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Donald Trump rolled the dice and came up snakes-eyes. He thought he could bully China, but China called his bluff. Now he must report his failure to the American people by trying to make the biggest trade blunder in the nation's history, look like a 'stunning triumph of the will'. Good luck with that. Fortunately,...
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In February, President Trump said that tariffs would generate so much income that Americans would no longer need to pay income taxes. The latest plan, according to U.S. Commerce Secretary Howard Lutnick, is to abolish income taxes for people who earn less than $150,000 yearly. That move would affect roughly 75% of workers, according to...
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On Thursday, President Donald Trump delivered a fiery statement on his Truth Social website. He said: Most people who read Trump's statement assumed that the president was planning to tighten economic sanctions on Iran. But that misses the point entirely. The real target is China because China imports 85-90% of Iran’s oil output, roughly 1.5...
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The three biggest right-wing influencers in this current period are Joe Rogan, Tucker Carlson, and Candace Owens. In that order. They are three very different people, and it’s a strange trio. In general, most right-wing or at least far-right type people tend to think that anything that is popular and allowed by the media is...
Read MorePresident Trump has proposed using the revenue from his increased tariffs to lower or even eliminate income taxes — with a priority on removing Americans making less than 200,000 dollars a year from the tax rolls. Exempting more Americans from income taxes — and lowering taxes on other Americans— is certainly a worthwhile endeavor. However,...
Read MoreLent was very good for me. The two-week fast was amazing. To be clear, it was a water fast. Some people were saying “well, Moslems fast for a month!” I don’t know who these people are. Moslems just don’t eat during the sun hours. They don’t even have restrictions on food after dark. And frankly,...
Read MoreIt's a wonder people like Lutnick is tasked to bring manufacturing back to the US and run the economy
One of the funnier episodes after Trump’s tariff war with China was when his Commerce Secretary, the sycophant Howard Lutnick who made his fortune at some Wall Street brokerage, went on TV to talk about the beautiful future to be ushered in – “"The army of millions and millions of human beings screwing in little...
Read MoreIt should be obvious though apparently it isn’t: none of the things that are happening actually even matter to the individual, because the future is already written, at least in the ways that will have any significant impact on the individual. It’s possible that there are various alternative outcomes. I don’t really believe it, but...
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The Trump tariffs are one part of a multi-pronged strategy aimed at preventing China from becoming the dominant power in Asia. The military component of this strategy is designed to work in sync with the trade war by encircling China with military bases and hostile neighbors that have enlisted in Washington's anti-China alliance. The author...
Read MoreQ&A with DeepSeek, Grok, and ChatG
Hua Bin • April 30, 2025 • 6,000 Words
It’s widely reported that Trump’s regime used ChatGPT to help come up with the tariff rates for the 180+ countries to balance US trade deficit. While I have my doubt any AI assistant would be so “not intelligent” to suggest taxing Heard and McDonald Islands, I thought it would be interesting to ask AI how...
Read MoreLate next month, Huawei will be testing its new powerful AI processor, the Ascend 910 D, even as by early May the previous 910C will start to be mass-delivered to scores of Chinese tech companies. These serious breakthroughs are the next chapter of Huawei’s drive to counter Nvidia’s global monopoly in GPUs. The Ascend 910D...
Read MoreTrading between enemies is a bad idea
Hua Bin • April 27, 2025 • 800 Words
The current Sino-US relationship is not sustainable in the long run. The US won’t give up its global hegemony. China won’t give up developing its economy and national power. US hostility is open and palpable. China is defiant and confident. There is no way to square a peg in the round role here. A Plaza...
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The purpose of President Trump's tariff policy is not what he says it is. If the goal of the tariffs was to reindustrialize the country and create more jobs in manufacturing, the announcement would have been accompanied by an industrial policy that would outline a coordinated government effort to rebuild America's critical industries. It would...
Read MorePart 1: Reasons for Embracing Protectionism Nothing destroys a good idea so efficiently as success—not so much the success of the idea itself as much as the success of those, politicians mostly, who claim to be implementing it. This is why in Russia advocating privatization is more likely to get you punched in the face...
Read MoreCaptain Chaos definitely does not have the cards – which as even South Pacific penguins know, are all made in China. SHANGHAI and HONG KONG – So, predictably, Captain Chaos did blink first. As much as he – and his sprawling media circus – could not possibly admit it. It all started with “tariff exemptions”...
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The key MAGA issue is not foreign policy, but how to structurally re-balance an economic paradigm in danger of an extinction event. Trump clearly is in the midst of an existential conflict. He has a landslide mandate. But is ringed by a resolute domestic enemy front in the form of an ‘industrial concern’ infused with...
Read MoreHua Bin • April 23, 2025 • 1,100 Words
Regardless what we think of Trump’s tariff war, the trade imbalance between China and the US is indeed substantial and unsustainable in the long term. In typical Trump fashion, when he talks about trade, he chooses to cherry pick and talk only about the merchandise trade where the US runs a trillion dollar trade deficit...
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Interview with Hua Bin
Question 1---What are Trump's tariffs on China supposed to achieve, and will they succeed? Hua Bin--- I don't think Trump has a clear idea himself because many of the supposed goals are contradictory and historically he is a shoot-from-the-hip type guy - no deep thinking, always swinging, and never ashamed of his own blatant lies....
Read MoreSHANGHAI - There could not be a more strategic place to spend these past Trump Tariff Tizzy (TTT) heady days than in Shanghai – China’s trade, commercial and cultural capital. From the top of the Jin Mao tower in the world class Lujiazui financial district in Pudong, an elegantly discreet art deco companion to the...
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The situation in this world is becoming increasingly muddled and unpredictable. Trump has misjudged the Chinese, Putin is not backing down and Iran is too big a chunk for the Americans. In addition, there is historic instability in the financial markets. Introduction We sent greetings at the end of 2024 with the card below. “Anything...
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Trump supporters are celebrating economic collapse to own the libs
source: @Karl_Was_Right on X The message from MAGA figures regarding the tariffs is that Americans must sacrifice and suffer now for the national good and a brighter future. This is an attitude that has not existed in America since the New Deal and World War II, in contrast to the late 20th Century mantra, which...
Read MoreWith tariffs on China reaching comical numbers, the instability in Donald Trump’s economic strategy continues to grow. Geopolitical Economy Report editor and journalist Ben Norton, who lives in China, joins host Robert Scheer on this episode of Scheer Intelligence to make sense of the developments and why the U.S.’s typical economic bullying tactics will not...
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Trump’s actions were neither ‘spur of the moment’, nor whimsical. The ‘tariff solution’ had been pre-prepared by his team over years. The Trump ‘shock’ – his ‘de-centring’ of America from serving as pivot to the post-war ‘order’ via the dollar – has triggered a deep cleavage between those who gained huge benefit from the status...
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Ron Unz • April 14, 2025 • 3,800 Words
In an amusing display of British pride and solipsism, the venerable Times of London once ran the headline "Fog in Channel - Continent Cut Off." Overly arrogant individuals sometimes find it difficult to recognize that they are not the center of the universe, and that instead they might actually be considerably less large and powerful...
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King Trump is the emperor with no clothes
Hua Bin • April 14, 2025 • 2,200 Words
When I wrote my last essay China’s Strategy to Defeat US by Bankrupting It ( just before Trump’s “liberation day”, I thought I would do a follow up in a month’s time after the dust settles down a little. Things have moved along the trajectory as predicted but at a much faster pace than I...
Read MoreStarmer’s policy pivot on trade and investment shows a level of clarity and purpose not seen in his faltering first six months on foreign policy Britain and Russia find themselves in a fascinating position of taking a moderate line on Trump’s Tariff war while at the same time building close economic ties with China. I...
Read MoreDonald Trump’s Distorted View of America’s Tariff History
Donald Trump’s tariff policy has thrown markets into turmoil among his allies and enemies alike. This anarchy reflects the fact that his major aim was not really tariff policy, but simply to cut income taxes on the wealthy, by replacing them with tariffs as the main source of government revenue. Extracting economic concessions from other...
Read MoreRon Unz • April 14, 2025 • 8,300 Words
Nika Dubrovsky: Hi everyone. It’s a real honor to welcome you on behalf of the David Graeber Institute. We’re especially grateful to our speakers — many of whose work aligned closely with David’s thinking and values — for joining us to reflect on how radically our world is changing. It’s in this spirit that we...
Read MorePresident Donald Trump wants to be a modern ‘Stupor Mundi or wonder of the world. The last ‘stupor mundi’ was the celebrated German Holy Roman Emperor and crusader, Federick II, known as ‘Barbarossa.’ It appears that President Trump seems determined to become the most important and commented upon person on earth. So far, he has...
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Meet The New Boss, Same as the Old Boss We just learned that the world’s most powerful person, Donald Trump, has a boss: the bond market. He may not have acknowledged this to himself, but the global financial tumult he caused.... has locked him in a fiscal prison. ....He is totally in hock to the...
Read MoreThree wise monkeys are perfectly aware of what a pigeon posing as eagle is really up to. The Toddler Temper Tantrum-style Trump Tariff Tizzy (TTT), now accelerated to 145% – and counting – is yet another thunderous trademark pigeon smashing the chessboard gambit. It won’t work. Trump claimed that China would call him to “make...
Read MoreThe whore media is doing its best to misrepresent the tariff issue and to cause hysteria that causes stock market volatility and fears of world recession. One of the anti-Trump propaganda ministries that poses as financial media went so far as to claim that Trump has caused a “regime shift whereby US Treasuries are no...
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Trump caved on tariffs but the US economy is still f-ed
source: @Schuldensuehner on X Last Friday was the worst day for stocks since the COVID crash, and the worst week for stocks since the 2008 financial crisis. This crash was one of three instances with back-to-back 5% or more declines, along with the 1929 Great Depression and the 2008 Financial Crisis. While even perma bull...
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The Trump tariff extravaganza was never about trade deficits, reindustrialization, or bringing jobs back to America. It was always about China. Now that Trump has either eased or lifted the tariffs on 90 other countries, we can see what's actually going on. Trump is using the 'tariffs smokescreen' to implement his decoupling policy, a strategy...
Read MoreThese are levels of craziness that are part of the decline I suspect of all empires when they consume themselves,” Professor Richard Wolff says of America’s current situation in the outset of Donald Trump’s second term. He joins host Chris Hedges on this episode of The Chris Hedges Report to discuss the history and rationale...
Read MoreAmericans have become so accustomed to living under tyranny that they are probably incapable of recognizing tyranny. Once upon a time, April 15 was the annual day of infamy. It was the day you had to pay your income taxes. Americans have been subjected to a tax on their working lives for less than half...
Read MoreAccording to the official White House schedule, President Donald Trump doesn’t start his day until lunchtime when he sits down with his political heir, Vice President J.D. Vance, at 12:30. He has more lunches with Vance than he receives briefings from his secret services on the threats of his enemies. Trump knows to keep his...
Read MoreThe tariff controversy is being colored in the most scary ways possible, because the Democrats, media, and ruling establishment want rid of Trump. It is also important to understand that tariffs are not the only way to limit imports. There are other means, such as quotas. Quotas on imports into the US of Japanese cars...
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Ron Unz • April 7, 2025 • 3,800 Words
I've never met Donald Trump nor had any dealings with him, and since I don't watch television, I'd barely paid attention to his antics until his unexpectedly strong run for the White House began attracting heavy media coverage in 2015. But some time ago I was privately meeting on other matters with one of Trump's...
Read MoreIt is not a full quarter as his inauguration was 20 days into it, but it is the first quarter of 2025. How does it look? Perhaps I can put it this way: a lot of good initiatives undertaken in a haphazard way that could limit their effectiveness or even result in failure. I will...
Read MorePresident Trump was elected in part because he promised to reduce prices and not drag the country into foreign wars. Sadly, President Trump has adopted a tariff policy that will raise prices and abandoned his “America First” foreign policy in favor of a return to Bush-era neoconservatism. Despite criticizing President Biden for bombing Yemen, President...
Read MoreInterview with Jackson Hinkle
🚨🇺🇸🇨🇳 BREAKING: BRICS CAN FREE THE WORLD FROM GLOBALISTSHUGE interview with MICHAEL HUDSON! — Jackson Hinkle 🇺🇸 (@jacksonhinklle) April 7, 2025
President Trump has repeatedly expressed his admiration for Republican President William McKinley, highlighting his use of tariffs as a model for economic policy. But as critics note, Trump’s tariffs, which are intended to protect U.S. interests, have instead fueled a stock market nosedive, provoked tit-for-tat tariffs from key partners, risk a broader trade withdrawal, and...
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NIMA ALKHORSHID: Hi, everybody. Today is Thursday, April 3rd, 2025, and our friends, Michael Hudson and Richard Wolfer back with us. Welcome back. Let's talk about the Liberation Day and the new tariffs on each and every country on this planet. And here is what the press secretary, the White House press secretary said about...
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U.S. President Donald Trump is trashing the world trade system over a basic economic fallacy. He wrongly claims that America’s trade deficit is caused by the rest of the world ripping off the U.S., repeatedly stating things such as, “Over the decades, they ripped us off like no country has never been ripped off in...
Read MoreGlobal Majority, rejoice! And step on the high-speed rail de-dollarization train. Circus ringmaster Trump’s Tariff Tizzy (TTT), christened by himself as “Liberation Day”, is being largely interpreted around the world – Global North and Global South alike – as Slaughterhouse Day. This de facto uncontrolled economic demolition gambit starts with the warped fantasy that launching...
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Hua Bin • April 1, 2025 • 500 Words
As Trump rolls out his tariffs on the world on “liberation day”, China watches with glee. It doesn't happen everyday when one's adversary blows his head off in front of you on his own initiative. Talk about never interrupt your enemy when he is making the mother of all mistakes… The inevitable result of Trump's...
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