Thread by @LibertyBlitz

1/ It's Friday, so time for a thread on my latest post, titled:
"Don’t Believe the Hype – Expect a Worsening of U.S.-China Relations"
libertyblitzkrieg.com/2019/03/04/don…

2/ I see an enormous disconnect between what many people want to believe about U.S.- China relations and the reality. Personally, I think the number one and number two economies in the world are already engaged in a cold war. If anything, I expect things to get far more tense.

3/ There seems to be a belief that the "trade war" is just some Trump obsession and if not for Trump, U.S.-China relations would be back to how they were in 2005. This is wrong. The tensions here run far deeper than the fantasies of tariff-man.

4/ For example, the Pentagon’s been pretty explicit recently regarding how it views China in the context of global power. See the following article from earlier this year covering a Defense Intelligence Agency analysis on the China threat.
washingtonpost.com/world/national…

5/ The tensions between the U.S. and China are the same tensions that have been observable for millennia and are often described as Thucydides’s Trap. A dominant power (USA) becomes concerned about and engaged with the ascendant power (China).

6/ As such, the "trade war" is far less about trade and economics than it is about geopolitical power and empire. The U.S. foreign policy establishment is obsessed with holding onto a unipolar empire and the idea is to knock China down a notch now, while it believes it still can.

7/ China knows this, which is why it doesn't really matter what sort of dog and pony show deal Trump tries to tout in a pathetic attempt to get the S&P500 to 3,000. There's no chance China will accept or follow through on the real U.S. objectives in this spat.

8/ Michael Ivanovitch described it perfectly in a recent article.
cnbc.com/2019/03/04/tru…

9/ Again, this is about the U.S. empire attempting to throw it weight around, but this time not against some weak oil-rich Middle East nation, but toward China directly. This, combined with the arrest of Huawei's CFO, is a huge escalation and there's no turning back easily now.

10/ We are where we are, and it's best to just admit it rather than engage in fantasies that a U.S.-China trade deal is coming that'll fix everything. I have no idea what, if anything, they agree to, but I feel confident it won't have any real impact over future tensions.

11/ The defining feature of the world till 2025 will be that everything will get flipped on its head. This includes the global financial system, geopolitical relations and internal domestic politics. Absolutely everything will change dramatically.

12/ At the root of China-U.S. tensions is a struggle for global power and dominance, and I don’t see either side giving in on their ambitions any time soon.

13/ So the tensions will escalate over the course of several years and then one day there will be a real agreement, but the world won't be the same place. Then the global reset will be over.

14/ That's how I see it anyway. If you enjoyed this, or my work in general, consider supporting it. I no longer have any ads on my site, so I'm hoping enough of you will help make this a reader supported effort.

You can contribute here:
libertyblitzkrieg.com/support-libert…

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