A Dolorous Imbalance, by Fred Reed | STRAIGHT LINE LOGIC

https://straightlinelogic.com/2021/05/12/a-dolorous-imbalance-by-fred-reed/

The Chinese are kicking America’s butt in a lot of different fields of economic endeavor. From Fred Reed at unz.com:

First, America increasingly relies on strong-arm tactics instead of competence. For example, in the de facto 5G competition, Washington cannot offer Europe a better product at a better price, so it forbids European countries to buy from China. The US cannot compete with China in manufacturing, so it resorts to a trade war. The US cannot make the crucial EUV lithography equipment to make advanced semiconductors, as neither can China, but it can forbid ASML, the Dutch company, from selling to China. Similarly, the US cannot compete with Russia in the price of natural gas to Europe, so by means of sanctions it seeks to keep Europe from buying from Russia. This is not reassuring.

Second, the Chinese are a commercial people, agile,…