David Craig, on November 13th, 2023Monday/Tuesday blog
China’s debt colonialization
I assume all readers know about China’s ‘Belt and Road’ policy:
China approaches a rotten, corrupt, Third-world country, pays millions in bribes to the local incompetent, venal, bloodsucking kleptocrats and in return the local incompetent, venal, bloodsucking kleptocrats get their country to take massive loans from China at exhorbitant rates of interest usually to build poorly-constructed (by Chinese workers) bits of infarastructure. When the time comes to start repaying those loans for the poorly-constructed (by Chinese workers) bits of infarastructure, the�rotten, corrupt, Third-world country can’t repay anything because anything which isn’t nailed down has been looted by the local incompetent, venal, bloodsucking kleptocrats and so China takes control of resources such as ports, mineral mines, agricultural land and whatever else China fancies:
China’s new empire
But not all readers may be aware of a much more important Chinese initiative – The Shanghai Cooperation Organization (SCO)
The SCO, formed in 2001 with objectives such as combating terrorism, promoting border security, strengthening political ties, and expanding economic cooperation, initially included China, Kazakhstan, Russia, Tajikistan, Uzbekistan, and Kyrgyzstan:
(left-click on images, then left-click again to see more clearly)
India and Pakistan officially became members of the SCO in 2017, and Iran is in the process of obtaining full-time membership. Egypt and Qatar are dialogue partners, and Saudi Arabia, a traditional U.S. ally, has taken steps to join. Belarus is set to become a member in 2024 after signing a memorandum of obligations. And many more countries are lining up to join:
Countries around the world are working out who is going to emerge victorious in the struggle between a confident, resurgent China and the self-hating, collapsing West and have decided to join the winning side.
Please note how many of the world’s oil- and gas-producing countries are getting into bed with China. This doesn’t bode well for European economies which are dependent on these countries for their energy.
The SCO also plays a crucial role in Chinese military ambitions. In 2007, the SCO signed an agreement outlining the legal rights and responsibilities for military exercises in another member country. The agreement allows Chinese armed forces to engage in air-ground combat operations abroad, covering activities like long-distance mobilization, counterterrorism missions, stability maintenance operations, and conventional warfare.
Today, the SCO encompasses 42% of the global population and 32% of the global GDP.
The end of our history?
In 1992�American political scientist Francis Fukuyama wrote a book titled�The End of History and the Last Man.�This argues that with the ascendancy of Western liberal democracy �which occurred after the Cold War (1945�1991) and the dissolution of the Soviet Union (1991)�humanity has reached “not just�… the passing of a particular period of post-war history, but the end of history as such: That is, the end-point of mankind’s ideological evolution and the universalization of Western liberal democracy as the final form of human government.”
Ooops, it seems like Mr Fukuyama got it wrong. Totally, one trillion percent wrong. As the Western so-called ‘liberal democracies’ commit economic, military and societal suicide with their ludicrous internecine culture wars, open-borders�Third-World immigration and disastrously-destructive Net Zero policies, the rise and rise and rise of the Shanghai Cooperation Organization suggests that the end point of human government is not going to be the ‘liberal democracy’ predicted by Mr Fukuyama. It’s actually going to be venal, corrupt, incompetent, kleptocratic, oppressive totalitarianism.
How nice it is to start the week on such a positive note.
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China aid to Africa is not like western aid for African development. The Chinese probably after bribing the corrupt rulers of a country build them stuff which is to be owned by China via a front company our maintained by China.Such as a highway ,airport or processing plant.
Maybe some one could do a chart showing many of the Chinese development projects in each of the African countries such as Ghana, Nigeria , Somalia and so on.
Back in the late 1980s ,before the demise of the Soviet Union the famous American author and historian Gore Vidal wrote that the central fact of the next century will be the restoration of the Chinese Empire and the demise of the debt ridden United States as a global economic power.
The racial Darwinists of the 19th century predicted the “yellow people” being intelligent like the Europeans but far more collective would come to dominate the earth. Others claim its part of Bible prophecy re army of two hundred million.
The Chinese are not making the mistakes of the British. They didn�t need a huge navy and army to create an empire. They are doing it the easy way and creating debt to do it. Here we don�t need the Chinese to create debt, our useless politicians are doing it for them. No force is needed to bring totalitarianism to the west, our stupidity is making it easy and we have even given up with the culture that made us successful.- we will have nothing and be happy.
Last night I briefly saw the Climate Party claiming they were going to make British manufacturing great again. How? We have expensive energy and expensive labour. Who is going to buy what we produce?