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EPISODE · Feb 21, 2023 · 36 MIN

DOES CHINA PLAN TO DESTROY AMERICA OR EMPLOY OUR HUMAN CAPITAL

from The American Enterprise Manifesto: My America's Vision of Peace and Nonviolence for Humanism · host Jerry Rhoads

DOES CHINA PLAN TO DESTROY AMERICA.  While the two party political system argue about what China will do ... they continue to dominate our markets.  Why would they destroy their best customer.  In the parlance of business they don't want to destroy, they are want to employ us ... they are half way their using the supply line to employ every conceivable product that Americans can't live without.   Walmart is employed by China for sure ... 90% or their clothing have a made in China tag ... also electronics, household supplies, cooking equipment, TV's, computers, etc.   What about Walgreens?  Every prescription drug is coming from China on Chinese container ships no less.  What about Amazon? 75% of the biggest distributor for China comes over the Seas, plus as landed not loaded shipping costs (10,000 to 18,000 Chinese produced containers per ,400 Chinese cargo ships), generating $3,000 per container up to $30,000 for PPE to fight the Pandemic,  What about food supplies and street drugs?   Whole and retail Chinese customers.  Walmart, Amazon, Home Depot, Restaurant Depot, US Foods,  Sysco, Food service companies,  United Natural Foods, such as tilapia, Cod, apple juice, mushrooms, garlic, chicken, Rice, Black Pepper, salt, green peas, beverages, etc.   /why would they destroy us when they are employing us.  Does that concern our politicians? No they are saber rattling for justifying a 800 billion dollar Defense budget ... most of which China steals, with its Trojan Horse planted into our government and universities.  Home Depot on the other hand is making a foray into China's booming markets with the purchase of a Chinese chain of 12 home improvement stores that modeled itself on its giant American counterpart.  In 2020 U.S. imported $3 .8 billion food products and a total imported $$450.4 billion year from China, while US exported a total $164.9 billion. Creating a trade deficit of $310.3 trade deficit per year.   China is UAS' largest supplier of goods imported in 2020.   Largest import categories were machinery ($97 billion) m toys and sports equipment ($26 billion) in furniture and bedding, ($21  billion) miscellaneous textiles.    Direct foreign investment by US  hedge and mutual funds and independent traders, in Chinese stock market totaled $123.9 billion in 2020.  While China's foreign direct investment in USA is $38 billion in 2020.   Led by wholesale trade, manufacturing and information services.  While Franchises  such as McDonalds, Starbucks, Subway,  etc.  flourishing with total sales of $20.8 billion.   It appears that Chine is already employing millions of Americans in the supply line production and distribution of Chinese produced  (American technology originated and stolen by the Chinese Trojan Horse).  Estimated 750,000 workers in America work to support the supply line businesses with and for the Chinese GDP. ppoorted  by goods exports and 283,000 supported by services exports.  It appears that we have a partnership with China's 748 million workers and their standard of living that isn't cheap child labor anymore.  They have a social security system that is their regulated and acpcrued according to generally accepted accounting principles.  More than 50% of that workforce are over 50 years of age and will create increased labor costs to support the aging China.   As a result, a Chinese Council for Change is assigned with the task of converting the Chinese budgetary system to GAAP accounting.  Putting them way ahead of America's cooked books system of cash in and cash out accouning.  Why would they destroy their best customer and  business partn.  In the parlance of business they don't want to destroy, they are want to employ us ...

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