Why Is America Financing the Chinese War Machine?
by Lawrence Kadish • October 25, 2021 at 3:30 pm
How did the Chinese come to possess such prowess? From us.
The Chinese... know that a democracy whose economy is weakened by COVID of a curious origin, a multi-trillion dollar budget that would plunge us into historic debt; a nation staggering under the burden of a possibly enfeebled national leadership, and a military humbled by being ordered off the Afghan battlefield by its commander-in-chief may be a once great country that has lost its way.
Washington needs to pivot and provide appropriate and necessary incentives for businesses to expand our once formidable manufacturing base here in the United States. America has the means, skills, and resources to return to its role as a super exporter, but to do so will also require us to get our economic house in order and freeze our nation's debt ceiling. An economy that stands on the brink of a multi-trillion dollar self-induced debt makes us vulnerable to a fiscal collapse. Financial discipline will be required if we actually wish to stop our financing of the Chinese war machine.
Historians who have studied the decline and fall of great modern empires must be queasy these days.
Many have chronicled how a once mighty China lost its sovereignty to colonial powers during the early years of the 20th Century. Their enfeebled empress and a humbled military were swept aside by a European coalition of nations only to find that China was to become the bloody prize of Japanese generals whose forces raped and massacred their way to Beijing.
The West may not remember this "sideshow" of World War II and many Japanese still decline to acknowledge their legacy, but the Chinese remember.
