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6 December 2021 News China relied on borrowing to finance military expansionism

  Sky: Taiwan’s Foreign Minister warns China’s military expansionism could lead to World War III Rumble:  Lawrence Sellin speaks about the "smoking gun" evidence of the laboratory origin of #COVID19, the toxic elements that may have been designed into #Covid_19 as a bioweapon and how they have been replicated in the #CovidVaccine America Outloud: Strengthening the Biological Weapons Convention Hudson:  A New Era in America’s Fight Against Corruption? - by Casey Michel  Zerohedge:  US Officially Announces Diplomatic Boycott Of Beijing Winter Olympics OANN: China threatens countermeasures if U.S. boycotts Beijing Olympics The Wire China:  Angela Huyue Zhang on How China Regulates Fox:  China may be eyeing its first military base on the Atlantic Ocean Financial Times: China is faltering, but the world is not feeling the effects Financial Times:  Ali baba finance chief to step down in company restructuring Financial Times: Honduras becomes new front i...

The original cause of global disparity

  The problem may lie in China which is a communist state and disregards basic human rights. China is admitted to WTO in 2001 and runs economy on the model of 996 as mentioned here by a Shanghainese to suppress Chinese wages income and exportation price in the overseas markets destroying foreign private businesses by which China exported the disparity and corruption of the de facto communist system to other countries. Previously China robbed Chinese peasants with heavy agriculture tax without any personal allowance, an also very unfair economy system. As a result, great famine and Tiananmen Square democracy protest occurred respectively in late 1950s and 1989. The generations of parents don't have to face the expansion of China communist plague via WTO. Do you have the impression about why 2008 financial crises happened? Not just because of accounting fraud. Basic reason is that after China entry into WTO in 2001 exploited Americans' wages aren't able to afford too expensiv...