Ivan Timofeev: The US and its allies have done more to nationalize the Russian business elite than anyone could have imagined
Washington spent a century trying to spread its ideology to Moscow. Now it has sanctioned our most ardent capitalists. How to even describe this sort of hypocrisy?

The imposition of US sanctions against the Russian Union of Industrialists and Entrepreneurs (RSPP) is something of a paradox. The RSPP reflects the interests of businessmen and companies - ie. the locomotives of the capitalist economy. 

So, by definition, these are the very people who most believe in free markets. 

Capitalism, in turn, is the pillar of the Western model of economic structure and the main source of open trade and the exchange of goods and ideas. In theory, the idea of political competition also grows from this.

It would be banal to call such sanctions a manifestation of double standards. This is different. Rather, ideology has now receded into the background, replaced by simple instincts of "war of all against all". If democracies are not at war in the sense of liberal theory, then capitalist economies are.

It is symptomatic that US Department of the Treasury’s press release, which usually describes the reasons for blocking sanctions in colorful terms, is this time reduced to clichéd phrases in the spirit of a cartoon, or fairytale (like in the Soviet story Urfin Jus and his Wooden Soldiers). 

So, really, they know there is not much to say about this sort of hypocrisy. 

Russia, however, is benefiting. The US and its allies have done more to nationalize the Russian business elite than anyone could have imagined – even the most optimistic Kremlin personnel, in their wildest dreams.  And they are continuing to do so, further accelerating processes that have already gained momentum.

https://www.rt.com/russia/581195-us-sanctions-against-russian-elites/

THE AMERICAN EMPIRE NEVER BELIEVED IN FREE MARKETS. NEVER. NEVER! THE AMERICAN EMPIRE HATES COMPETITION AND WILL DESTROY COMPETITION AS IT ARISES. THE EMPIRE WILL MANIPULATE SITUATIONS MILITARILY, ECONOMICALLY AND FINANCIALLY TO ALWAYS WIN AGAINST SMARTER AND BETTER OPPONENTS. CAPITALISM IS NOT A FREE ENTERPRISE IDEOLOGY. IT'S A HAMMER DESIGNED TO MAKE RICH PEOPLE RICHER AND POOR PEOPLE DREAM OF BECOMING RICH ENDLESSLY. THEIR IS NO SENSE OF EQUITY AND EQUALITY AND FAIRNESS IN THE IDEAL OF CAPITALISM — WHICH MORE OFTEN THAN NOT RUNS OF CORRUPT PRACTICES OF ENTICING, EXTORTIONS AND BLACKMAIL: JOE BIDEN INCLUDED.

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The Biden administration has imposed a blockade on advanced computer chips headed for China. The action is expected to slow China’s technological development while inflicting serious damage on the broader economy. The strategy has been widely praised by the media and foreign policy experts, but a growing number of analysts wonder if the plan could backfire?

Dan Wang is skeptical that Biden’s blockade will succeed in the way the authors had intended. Wang is a technology analyst who presented his views in an editorial at the New York Times. Here’s what he said:

The White House is intent on outcompeting China on technology. The ground on which this competition is taking place is chip making. But the Biden administration shouldn’t sit back and savor this accomplishment for one reason: What if its core belief — that advanced semiconductors are one of the critical fronts in the contest — is wrong?…

America’s actions are driven by the assumption, articulated by the national security adviser, Jake Sullivan, that computing chips are a force multiplier technology, staking it as critical to continued U.S. leadership. But what if the U.S. government is too focused on the most novel technologies rather than the most important ones? I believe America is in a great power contest with China, one that will be multidimensional and protracted, making it unlikely that success hinges solely on who can stay ahead in a few advanced technologies….

An excessive focus by the United States on A.I. — and on the advanced chip-making capabilities it requires — may represent a failure to appreciate China’s broad technology strengths. While China has suffered serious setbacks in chip production, its companies are vaulting ahead in other sectors. Last year China overtook Germany in automobile exports, and it is on track to overtake Japan as the global leader this year. While most of these exports consist of foreign brands produced in China, the numbers reflect the deep expertise that Chinese companies have built in the next era of automotive technologies, particularly in car batteries.

It’s not just cars. Industry estimates put Chinese companies at owning around 80 percent of the supply chain for solar manufacturing. Chinese electronics makers have produced a rising share of the components in Apple’s iPhone. And increasingly in less glamorous products — such as industrial machinery and basic household equipment…

With one hand, the U.S. government is blocking China’s progress on A.I. and supercomputing, but with the other, it is ushering Chinese companies toward concentrating their efforts on chips for products of daily use. And a world in which Chinese companies dominate the production of mature chips — driven directly by American policy — hardly looks like a victorious outcome for the United States….

We need to spend less time making ever more marginal refinements to restricting an emerging technology. Rather, we should take a more holistic view of a long-term contest with a peer competitor. That means broadening the strategic focus to a wider range of sectors and following through on plans to build unglamorous technologies, too. Biden Is Beating China on Chips. It May Not Be Enough, New York Times

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https://www.unz.com/mwhitney/for-biden-thwarting-chinas-development-is-job-one/

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THE AMERICAN EMPIRE NEVER BELIEVED IN FREE MARKETS. NEVER. NEVER! THE AMERICAN EMPIRE HATES COMPETITION AND WILL DESTROY COMPETITION AS IT ARISES. THE EMPIRE WILL MANIPULATE SITUATIONS MILITARILY, ECONOMICALLY AND FINANCIALLY TO ALWAYS WIN AGAINST SMARTER AND BETTER OPPONENTS. CAPITALISM IS NOT A FREE ENTERPRISE IDEOLOGY. IT'S A HAMMER DESIGNED TO MAKE RICH PEOPLE RICHER AND POOR PEOPLE DREAM OF BECOMING RICH ENDLESSLY. THERE IS NO SENSE OF EQUITY AND EQUALITY AND FAIRNESS IN THE IDEAL OF CAPITALISM — WHICH MORE OFTEN THAN NOT RUNS OF CORRUPT PRACTICES OF ENTICING, EXTORTIONS AND BLACKMAIL: JOE BIDEN INCLUDED.

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At a political fundraising event in Park City, Utah on Thursday, US President Joe Biden said China was "in trouble" because of economic and population issues and slammed China's economic situation as "a ticking time bomb" in many cases. He also said, "When bad folks have problems, they do bad things." The remarks have been splashed across the American media. Bloomberg described the comments as "some of his most direct criticisms yet about the US's top geopolitical and economic rival." 

As well-known American writer Mark Twain revealed in his book Running for Governor, American elections are full of shameless tricks such as lies, fraud, smears and slander. As some activities related to the US general election are kicking off, multiple candidates are not offering good strategies in terms of national governance, but focusing a lot on attacking each other and attacking China.

As the atmosphere in American society toward China has been severely poisoned by Washington, speaking harshly about China has become one of the cheapest ways for politicians to quickly attract attention, and Biden is no exception. We need to view Biden's shocking remarks in this context, which are of the same nature as the more intense remarks on China by Republican candidates such as Ron DeSantis and Nikki Haley. Based on past experience, as the election campaign progresses, Washington's bottom line will sink lower and lower, and more sensational claims are likely to come out. The unscrupulous smearing and attacking of China has made the US nastier and nastier.

But it must be said that Biden is not only a candidate, but also the incumbent president of the US and the head of state of a superpower. It is highly inappropriate for him to make inflammatory statements that go against basic facts and do not match his identity. It is not difficult for us to understand that Biden's purpose in saying these words is nothing more than to score points for his campaign, to show his tough stance toward China, and to boast about his ability to deal with "threats and challenges" from China.

From Donald Trump to the current President Biden, the US presidents, like many politicians in Washington, keep talking tough about China. But what is interesting is that Trump and Biden, who are at odds with each other on many issues, have similar tones and arguments when it comes to China, and they talk more about what China is doing better than the US and in what aspects China is about to surpass the US, so as to stimulate the sense of crisis and urgency in the US to support the White House's strategic competition against China.

As a result, the sum of Biden's remarks on China contain obvious contradictions. Washington just issued an "unprecedented" administrative order to curb and suppress the development momentum of China's high-tech, then it turned around and insisted that "China is in trouble." A stronger China is a threat in the eyes of the Americans, while a "weaker" China has become a "ticking time bomb." What then should China do so the US can have a healthy mentality toward China? The reality is that China not only has to be blamed for the frustration of US' development, but also bear the belittling when Washington boasts of its achievements, and finally has to be responsible for the mental disorder of the US.

Unlike the US, China never threatens other countries with force, does not form military alliances, does not export ideology, does not go to other countries' doorsteps to provoke troubles, does not infringe on other countries' territories, does not initiate trade wars, and does not suppress the companies of other countries for no reason. China insists on putting the development of the country and the nation on the basis of its own strength. In the face of a turbulent and changing world, China has always stood in the right direction of historical progress and has always been a positive force for world peace and development. If there are "ticking time bombs," they are planted by the US around the world.

Some people summed up the seven laws of American diplomacy, one of which is, "If the US suspects that you have done something bad, the US must have done it itself." This can explain the strange logic of the US that no matter if China is strong or weak, it is a threat. When the US became strong, it launched the Iraq War and the Afghan War; when it declined relatively, it began to engage in unilateralism and camp confrontation. The inner world of Washington's politicians may be dirty, but they should not think that everyone else is like them. 

https://www.globaltimes.cn/page/202308/1296139.shtml

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THE AMERICAN EMPIRE NEVER BELIEVED IN FREE MARKETS. NEVER. NEVER! THE AMERICAN EMPIRE HATES COMPETITION AND WILL DESTROY COMPETITION AS IT ARISES. THE EMPIRE WILL MANIPULATE SITUATIONS MILITARILY, ECONOMICALLY AND FINANCIALLY TO ALWAYS WIN AGAINST SMARTER AND BETTER OPPONENTS. CAPITALISM IS NOT A FREE ENTERPRISE IDEOLOGY. IT'S A HAMMER DESIGNED TO MAKE RICH PEOPLE RICHER AND POOR PEOPLE DREAM OF BECOMING RICH ENDLESSLY. THERE IS NO SENSE OF EQUITY AND EQUALITY AND FAIRNESS IN THE IDEAL OF CAPITALISM — WHICH MORE OFTEN THAN NOT RUNS OF CORRUPT PRACTICES OF ENTICING, EXTORTIONS AND BLACKMAIL: DIRTY JOE BIDEN INCLUDED.

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Louisiana Sen. John Kennedy joins 'The Faulkner Focus' to discuss the impact of Biden's economic policy.

https://www.youtube.com/watch?v=S-N-_nNzqks

THE FRENCH WOULD CALL THESE "BADENOMICS": BIDONOMIQUES.... (FAKE ECONOMICS)  OR IN GERMAN UNTERSEITE DER FASSÖKONOMIE.... (BOTTOM OF THE BARREL ECONOMICS).... 

SEE ALSO: https://www.youtube.com/watch?v=neLQvY6TKSw

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https://www.youtube.com/watch?v=5megW43DT4k

SEE ALSO:

https://www.youtube.com/watch?v=RerxbAZ0Sc0

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